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The Super Bowl is the biggest event in the American sports calendar, pitting the best two teams from the respective NFL season against one another in a winner-takes-all contest for the Vince Lombardi Trophy. It has produced exhilarating moments in its 55 iterations that have captured the imagination of 100 million viewers in the United States and hundreds of millions more around the globe.
Bang for Your Buck
The Super Bowl provides the opportunity for bettors around the world to wager on the vast betting markets that are available. Whilst most commercial sports have the standard markets equating to events on the pitch/field, the Super Bowl is notorious for a series of markets that concern a plethora of other factors including the half-time entertainment spectacle.
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As a Super Bowl fan but betting novice, it can be very overwhelming, particularly when you're not familiar with the lingo. With this in mind, we’ll now highlight the best Super Bowl betting markets to consider if you’re placing a wager on the game for the first time.
Moneyline
The standout market to look for is a bet on the winner of the game, more commonly known in the US as the Moneyline. All you have to do with a bet on the winner of the game is simply pick the team you think will lift the Vince Lombardi Trophy.
Given that it is the Super Bowl, the two sides involved are usually evenly matched so there will be great value if you place a low stake. To gain a significant profit from this market you will need to put down a large stake, which is not a wise move given the unpredictability of the Super Bowl, especially if you’re a novice bettor.
Spread
The spread is an interesting market to consider as it mitigates for the unusual, which is a solid insurance policy to have in the Super Bowl. Both teams are handed a value by betting sites before the game, pointing out who is the favourite and who is the underdog. The favourite will have a minus value and the underdog a positive value.
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For example, the Los Angeles are backed at -3.5 on the spread, meaning a bet on the Rams would only succeed if they were to win by four points or more. On the other hand, the Cincinnati Bengals are +3.5, which means a bet on the Bengals would succeed if they were to win or lose by fewer than four points. The odds tend to be on the narrow, but a spread bet does give you the protection of losing by a matter of points rather than the result.
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Prop Bets
The Super Bowl boasts more prop bets than any other NFL game of the season. The first market worth considering is the Super Bowl MVP, which is more often than not the quarterback. The odds for a quarterback to win MVP are usually quite narrow, but there have been instances where other players such as receiver Julian Edelman in Super Bowl 53 have won the award. Other wagers include any time bets on touchdown scorers or first touchdown scorers, where you simply back a player to record a score whether in the entire game or to be the first in the endzone.
.@jsullivanmusic and @ericchurch sing the National Anthem ahead of #SBLV! ?? pic.twitter.com/dnhOTrHKfW
— NFL (@NFL) February 7, 2021
The quirky prop bets regarding the Super Bowl begin before the game with the National Anthem as many betting sites provide an over/under market on how long it will take the singer to perform the entire song. Then comes the half-time show and the ability to bet on which songs will be performed by the headline act and what supporting artists will be in attendance. After the game has reached its conclusion, there are also markets for bet for which players will be on the podium to accept the trophy, and whether the commissioner will be jeered by the crowd.
There is no shortage of betting markets for wagering on the Super Bowl. We’ve given you a quick look at the top ones available, but be sure that you are receiving optimum value on your odds and have considered your wager before placing your stake.