Super Bowl Betting Guide 2023

Betting on the Super Bowl is super simple! Just pick a sportsbook, get a welcome bonus, and start betting. BonusFinder US walks you through betting on the Super Bowl in this handy guide.

Super Bowl Betting Guide

Get all the tips you need to bet on the Super Bowl from BonusFinder US.

🏈 Super Bowl Betting

The first Super Bowl bets can be placed shortly after the previous season has ended, as the first future odds are posted on sportsbooks to capture early speculators. As the crown jewel of American sports, the Super Bowl attract hundreds of millions of wagers each year. Who will come out on top and win Super Bowl LVIII?

To bet on the Super Bowl online, you need to be within a state where online betting is legal. You also need to register for a sportsbook that operates in that state; you can find all legal online sportsbooks in each state on BonusFinder US.

🏈 How To Bet on the Super Bowl

The Super Bowl odds for 2024 are out, but you can also wager on the NFL teams during the regular season as bookmakers set odds for every game. When the League is in progress, there are plenty of options for all bettors, from a lifelong football fan to a first-time bettor. You can get more details on the regular season from our NFL betting guide.

Futures Bets

Super Bowl futures odds, quite simply, indicate the likelihood of each team to win the Super Bowl, and the opening NFL futures odds to win the Super Bowl are first released at the beginning of the off-season and updated when the season starts. Since anything can happen, experts explore potential future matchups, stats, and other factors before placing their futures bet.

Note that NFL futures market also includes the MVP of the Super Bowl and awards like the Defensive Player of the Year. You can pick any player with odds for a high potential payout. Remember that both types of futures odds change when scores are posted and teams fall out of the playoffs. You can also place an NFL futures bet on the winner of AFC Championship Game or the NFL Draft in certain states.

Moneyline

A moneyline bet is probably the most simple bet you can make: you pick the team you think will be the outright winner when the game finishes. When the moneyline odds are released, you see a favorite to win (odds with a minus sign) and an underdog (plus sign). You stand to win more with the underdog, but it’s more unlikely as well. Having the better record often makes the team a favorite, but a few teams always provide some surprises for moneyline bettors.

Point Spread

Point spreads intend to get bettors to place wagers on both sides and are a huge part of NFL betting. When you make a Super Bowl point spread bet, you bet on the team to “cover the spread”. So instead of just counting the win, a team has to win/lose by a certain margin for you to have a winning bet.

Keep an eye on line movement, as spread lines adjust based on the bets people are making prior to the start of the game, and you might not want to bet on the original spreads. Many oddsmakers set also alternate lines, which can be interesting options for more experienced bettors.

Total (Over/Under)

Betting on totals might be the way to go if you are unsure who to bet for in the NFL championship game. Total betting means placing a wager on the over or under for the final score: will the teams score more or less points than X? If you think the game will be a low scoring affair, you go for under; if the opposite, choose over. You can also bet over/under on teams’ win totals during the season.

Prop

Player and team prop bets are numerous in any given NFL game, but the Super Bowl prop bets contain wide array of options. In addition to in-game events, some states and many sportsbooks let you bet which team wins the coin toss, what happens in the halftime show, or other similar common occurrences as a prop bet. However, you can’t usually place a bet on the national anthem mishaps. You can bet on the first person to score a touchdown, number of passing yards for the QB, which team leads at half time, or how many field goals are kicked in the first half, among other options.

Parlay

Parlays combine several bets into one wager. The bets, or “legs”, must all be correct for the parlay wager to win. For the Super Bowl, your parlay can include moneyline, total, spread, and prop bets. The more selections you add to the parlay, the higher the odds; the sportsbooks usually keep a bigger chunk from parlays than from straight bets. Use the BonusFinder Parlay Calculator to figure out the potential payout for your parlays.

Live Betting

In-play betting has become one of the most popular methods of sports wagering. Obviously, it means betting on events happening at the moment, and gives bettors a plenty of freedom to place bets. In addition, the line movement is swift as it is based directly on the game events. Options for live wagers include next person to score, whether the drive will end in a touchdown, and of course the straight bets like moneyline and spreads, among many other different types.

How to Bet on the Super Bowl

Betting on the Super Bowl is very easy; you can bet on the regular season games as well. You must be located in a state with legalized sports betting when you try to wager.

Wagering Tips

Now that you’ve taken a look at the Super Bowl bet types, you are ready to start wagering. If you are new to Super Bowl online betting, BonusFinder US has curated some useful tips to consider before you place bets.

  • Budget: #1 thing to remember in any betting is not to go over your limits. Super Bowl is the biggest sports event in the U.S. and it can be easy to get swept up in the game, so set limits for yourself before placing bets. This way you don’t go over your funds.
  • Shop Around for Odds: The odds vary by sportsbook, so it’s definitely worth it to sign up at a few to see where the payout is the highest. Also, consider middling, which means betting on both sides of the Super Bowl line on different sportsbooks.
  • Use Bonuses & Promotions: Speaking of sportsbooks, most offer sign-up bonuses and ongoing promotions, and many have Super Bowl specials. So check out if you can score some free bets prior to the game, and you can earn some wins potentially with no cost to you!
  • Look at the Stats: If you want to get serious, take a look at advanced statistics to get the most out of your bets. As Super Bowl attracts so many wagers, you might not gain a significant advantage for straight bets. For prop bets, however, it’s another story. If you focus on the performance of couple players, you might find insights that lead you to make winning prop bets.

🏈 Date of the Super Bowl 58

The Super Bowl will be played at State Farm Stadium in Glendale, Arizona on February 12, 2023 to conclude the playoffs. The game used to be played on the first Sunday of February, but the expanded regular season has pushed the game back. When the NFL playoff picture is complete, we will update this page.

Time Location
Sun, Feb 11 Paradise, Nevada

🏈 Super Bowl Contenders

The first Super Bowl odds are now out, and the top contenders are listed accordingly. Once the next season begins, we will adjust these rankings accordingly.

  1. Chiefs: The Chiefs were victorious in the 2023 Super Bowl, and are once again the favorites. There’s no stopping Patrick Mahomes, so we wouldn’t be surprised if they went back-to-back.
  2. Bengals: The Bengals were in excellent form during the second half of the 2022 season, and they are one of the best teams overall in the League. With a Super Bowl appearance in 2022, they are the ones to beat in the AFC North.
  3. Bills: Once again the Bills went into the season as the #1 favorites just to fall out of the contention during the playoffs. Maybe starting the 2023 season as the slight underdogs would benefit the Bills?
  4. Eagles: The Eagles weren’t topping the Super Bowl odds prior to the 2022 regular season, but they were fantastic all throughout the season. Just falling short of the Super Bowl LVII victory surely lights the fire in everyone for the next season.
  5. 49ers: The 49ers were looking good until QB injuries destroyed their chances in the 2023 playoffs. With their rookie QB looking terrific already, the Bay Area has much to look forward to in the coming season.
  6. Cowboys: The Cowboys’ were all over the place during the regular season, but managed to have some expectations going into the postseason. No dice this time, but perhaps the 2023 is the year of Dallas?
  7. Ravens: Lamar Jackson got injured at the end of the 2022 regular season and wasn’t able to carry the team in the 2023 Wild Card round. The Ravens have a lot of heart, but much would need to happen if they were to advance all the way to the 2024 Super Bowl.
  8. Chargers: The Chargers would be a very different team without Justin Herbert, and cap challenges could push them down on this list.
  9. Lions: Lions are rarely mentioned as top contenders for the Super Bowl, but their 2022 season wasn’t half bad. Even a slight improvement will push them into the playoffs, and who knows what will happen there.
  10. Packers: The Packers fell short of the playoffs, leading some to speculate whether QB Aaron Rodgers has played his last game in Green Bay. Once he makes his decision, we will know whether the Packers shoot up or down on this list.
  11. Jaguars: The young team were the worst team in the League in the 2021 season, but made it to the 2023 playoffs. With more improvements expected, the group is well on its way to being a contender.
  12. Jets: Jets are finally moving up from the bottom of the League. The future is bright for the group, but 2024 is too soon for big success. Rumor has it Aaron Rodgers could be moving to New Jersey.
  13. Rams: The 2022 Super Bowl champions didn’t get much done in the 2022 regular season. If they improve on everything, they could be looking at another playoff run in 2023.
  14. Dolphins: Tua Tagovailoa’s several concussions were the doom of the Dolphins, who had to fight until the last rounds for their playoff spot. In the playoffs, the team fought valiantly against the Bills but lost in the Wild Card round.
Super Bowl Contenders

BonusFinder US lists all Super Bowl contenders.

🏈 Super Bowl Appearances by Team

Unsurprisingly, the Patriots dominate the list of Super Bowl appearances. There are still four teams who are chasing their first appearance: Cleveland Browns, Detroit Lions, Houston Texans, and Jacksonville Jaguars. In addition, several teams are looking to win their first Super Bowl. Most recently, the Chiefs won the title in 2023.

  • New England Patriots 11 appearances, 6-5 record
  • Pittsburgh Steelers 8, 6-2
  • Dallas Cowboys 8, 5-3
  • Denver Broncos 8, 3-5
  • San Francisco 49ers 7, 5-2
  • Green Bay Packers 5, 4-1
  • New York Giants 5, 4-1
  • Kansas City Chiefs 5, 3-2
  • Las Vegas Raiders 5, 3-2
  • Washington Commanders 5, 3-2
  • Los Angeles Rams 5, 2-3
  • Miami Dolphins 5, 2-3
  • Indianapolis Colts 4, 2-2
  • Philadelphia Eagles 4, 1-3
  • Buffalo Bills 4, 0-4
  • Minnesota Vikings 4, 0-4
  • Seattle Seahawks 3, 1-2
  • Cincinnati Bengals 3, 0-3
  • Baltimore Ravens 2, 2-0
  • Tampa Bay Buccaneers 2, 2-0
  • Chicago Bears 2, 1-1
  • Atlanta Falcons 2, 0-2
  • Carolina Panthers 2, 0-2
  • New Orleans Saints 1, 1-0
  • New York Jets 1, 1-0
  • Arizona Cardinals 1, 0-1
  • Los Angeles Chargers 1, 0-1
  • Tennessee Titans 1, 0-1

Most Recent Results

Super Bowl Teams Result
LVII (2023) Eagles vs Chiefs Chiefs 38-35
LVI (2022) Rams vs Bengals Rams 23-20
LV (2021) Chiefs vs Buccaneers Buccaneers 31-9
LIV (2020) 49ers vs Chiefs Chiefs 21-20
LIII (2019) Patriots vs Rams Patriots 13-3
LII (2018) Eagles vs Patriots Eagles 41-33
LI (2017) Falcons vs Patriots Patriots 34-28
L (2016) Panthers vs Broncos Broncos 24-10
XLIX (2015) Seahawks vs Patriots Patriots 28-24
XLVIII (2014) Seahawks vs Broncos Seahawks 43-8
XLVII (2013) 49ers vs Ravens Ravens 34-31

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🏈 FAQs

1️⃣ When will Super Bowl 2024 be played?

The Super Bowl will take place on Feb 11, 2024 in Paradise, Nevada.

2️⃣ Can I get promos for Super Bowl?

Yes! Most online sportsbooks offer some promotions for existing customers during the Super Bowl week.

3️⃣ What happened in the latest Super Bowl?

Super Bowl LVII took place on February 12, 2023, at State Farm Stadium in Glendale, AZ, with the top teams from both conferences: Philadelphia Eagles and Kansas City Chiefs. The Eagles dominated the first half, keeping Patrick Mahomes off the field for most of the half. In the second half, the Chiefs rallied for a come-from-behind win with the end score being 38-35.

author
Editor-in-Chief

Riku is the Editor in Chief at BonusFinder and is a global expert in casino, sports betting and poker.