How to Bet on Super Bowl 55
If you don’t know how to bet on Super Bowl 55 online, you’re not alone. The Super Bowl draws in a lot of casual fans who might not understand the betting lingo or the process of laying down the wagers. But once you learn, you can apply what you’ve learned while betting on other football games.
Super Bowl LV, or 55, is scheduled to be played on Sunday, February 7th, 2024 at Raymond James Stadium in Tampa, Florida. The Kansas City Chiefs and the Tampa Bay Buccaneers won their respective conference championships and are all set to battle for the NFL championship.
It’s one of the most anticipated Super Bowls of all time. Interest in the NFL only seems to have intensified over the past year. Many people who were prevented from enjoying normal activities due to what’s going on in the world turned to football more than ever as a source of entertainment.
If you’re into football this year more than ever before, you might be wondering how you can bet on Super Bowl 55. For fans who might not know, football betting can be somewhat intimidating.
You hear all this different lingo spouted by betting experts and you might not know what it all means.
On top of that, the actual process of placing a bet can seem difficult. Whether you choose to bet at 2024 Super Bowl betting sites or at physical sportsbooks, you might be wondering the steps you have to take. You shouldn’t let any of that scare you off, because we’re here to help.
In the following article, we’ll take you through everything you need to learn so you’ll know how to bet on the Super Bowl. We’ll explain all of the major bets, what kind of Super Bowl betting odds you might receive, and what kind of payback you can expect. And we’ll also walk you through the steps you need to take to get your bets down at Super Bowl betting sites and land-based sportsbooks.
Types of Bets You Can Place on the 2024 Super Bowl
When you place bets on Super Bowl 55, it can go far beyond just trying to guess who will win the game. It can get much more involved than that, and different bets can provide you with many profitable opportunities. Let’s take a look at the types of bets you can make on the 2024 Super Bowl, what they entail, and whether they might be a good fit for you.
Moneyline Betting: Who Will Win Super Bowl 55?
The moneyline is the basis for just about every type of bet you can place on Super Bowl 55, and it is the easiest to learn when learning how to bet on the 2024 Super Bowl. It is also the bet that you’ll make if all you want to do is pick which team will win the game. Once you understand the moneyline, you’ll be pretty much good to go with understanding any of the other bets we’ll discuss here.
The idea behind the moneyline is that the oddsmaker is trying to set a line that will make it equally enticing to bet on either side. Knowing that the favorite will get more attention, the oddsmakers make the odds for the underdogs in a way that ensures their payback will be higher. By doing this, a betting site or sportsbook is protecting against one side or the other doing a lot of damage if it’s the winning side of the bet.
When you see a moneyline, you’ll always see numbers with either a plus or minus sign in front of them. In a bet where there are only two choices, the plus sign represents the underdog and the minus represents the favorite. And the odds given are based on a wager of $100:
- A number with a plus sign means that you have to bet $100 to win that amount.
- A number with a minus sign means that you have to bet that amount to win $100.
Remember that $100 is just the baseline. You don’t necessarily have to bet that amount or bet the amount needed to win $100 if it’s the favorite. The moneyline sets the odds, which can be used for any amount you want to bet.
For example, if a team is +1000 on the moneyline, it means that you have to bet $100 to win $1000 in return. In other words, you’re winning $10 for every dollar you bet.
- $25 bet = $250 won
- $50 bet = $500 won
- $200 bet = $2,000 won
So, how does that all relate to this year’s Super Bowl. Right now, these are the Super Bowl 55 betting odds:
Kansas City Chiefs
-175
Tampa Bay Buccaneers
+155
This lets you know that the Chiefs are the favorite. You can win $100 on the Chiefs by betting $175 (odds of 1 to 1.75). And you’ll win $155 if you bet $100 on the Buccaneers and they win Super Bowl 55 (odds of 1.55 to 1).
Keep in mind that the odds may change in the run-up to the game. As days go by and bettors start to make their wagers, the oddsmakers might adjust the odds in an attempt to balance out the betting. Some bettors like to watch the line movement and see if it helps them make the pick.
One other note: Moneyline odds are not uniform. In others, different oddsmakers for sports gambling sites or sportsbooks might offer their own moneylines that are separate. Here is a sampling of what the moneyline odds look like for Super Bowl 55 at some of the top sports gambling websites:
| Team |
|
|
|
|---|---|---|---|
| Kansas City Chiefs | -170 | -170 | -175 |
| Tampa Bay Buccaneers | +140 | +150 | +155 |
As we go through the different bets available for Super Bowl 55, you’ll see that there’s a moneyline attached to all of them. The moneyline is the same regardless of the wager. But the different wagers allow you to speculate on different aspects of the game other than which team will win.
Betting the Spread: Which Team Will Cover the Spread?
Even though the moneyline sets the standard for all other Super Bowl 55 bets, spread betting might be the most popular way to wager. Perhaps this is because the spread is often referred to by analysts talking about the game. When you hear things like “they’re a 4-point favorite” or “the underdog is getting 7 points,” those are references to spread betting.
Like the moneyline, the spread is a way for the oddsmaker to even out the betting. The spread “gives” points to the underdog and “takes” points from the favorite. If the oddsmakers do their job correctly, the end result is an even amount of money bet on both the favorite and the underdog.
Let’s take a look at a hypothetical spread to explain how this works:
- Team A: -6
- Team B: +6
To determine who “covers” the spread, take a look at the score at the end of the game. Then, either take away six points from the score of Team A, or add six points to the score of Team B. When you do that, whichever team has a higher total will “cover the spread” and be the winning side of the wager.
Another way to look at it:
- Team A covers the spread if they win the game by more than six points.
- Team B covers the spread if the win the game or lose by less than six points.
Some examples:
- Team A wins the game 28-17. Team A covers the spread because they won by more than six.
- Team B wins the game 24-21. Team B covers the spread because they won the game even as an underdog.
- Team A wins the game 13-10. Team B covers the spread because they lost by less than six.
- Team A wins the game 19-13. Since the game ended with Team A beating Team B by the exact amount of the spread, this is known as a push. In most cases, this means the bets on both sides are returned.
What does the spread look like for Super Bowl 55? Take a look:
Chiefs -3.5
+100
Buccaneers +3.5
-120
The Chiefs are 3.5 point favorites, and you would get back even money for your wager. Tampa Bay is a 3½-point underdog, with the moneyline putting your odds on this bet at 1 to 1.2.
As is the case with all other bets, you might see the line move before Super Bowl LV takes place. If more people bet on Kansas City, for example, the amount of points that they’re giving will rise to entice more people to take Tampa Bay. That movement might continue right up until game time. Tracking this movement is an important part of learning how to bet on the Super Bowl.
Over/Under Totals: Betting on the Combined Score
The over/under is another popular concept in sports betting, and you’ll hear a lot about it as Super Bowl 55 approaches. With the over/under, it doesn’t matter who wins the game or by how much. All that matters is how many points are scored.
The oddsmakers will set a line which represents roughly how many points will be scored by both teams in the game. As a bettor, you choose whether you think the total number of points will be higher than the line, which is an over bet, or if you think the total will be lower than the line, which is an under bet.
Take a look at the over/under line for Super Bowl 55:
Super Bowl 55 Over/Under
-108
-112
In this case, you get a ration of 1 to 1.08 payback if you bet the over, and 1 to 1.12 if you bet the under. Some examples:
- Kansas City 31, Tampa Bay 27: 58 total points; the over wins
- Tampa Bay 24, Kansas City 21: 45 total points; the under wins
- Kansas City 30, Tampa Bay 26: 56 total points; it’s a push
You can also bet over/under on the points for each individual team in Super Bowl 55. The over/under is a way to speculate on the game without worrying which team will win or by how much.
Super Bowl Prop Bets: Endless Variety of Prop Betting Options
Prop bets, or proposition bets, are hard to categorize in a single way. They are often tied to the performance of individual players in the game, but you can find some Super Bowl 55 prop bets where the two teams are included. In addition, some prop bets may even be tied to things that don’t have anything to do with the actual gameplay, instead focusing on everything going on around it.
There are basically two types of prop bets that will give you different odds: multiple choice of either/or. With an either/or, which can also include over/under type props, you’ll pick one of two sides, with a moneyline attached to both. These bets are usually easier to win, but they might not pay back too much unless you take your chance on a long shot.
Some examples of either/or Super Bowl 55 prop bets include:
- Over/under total of Patrick Mahomes’ touchdown passes
- Will there be a score in the first 2:30 of the game?
- Over/under total for the length of the national anthem performance
That last example shows you what we’re talking about when we mention Super Bowl 55 prop bets that are outside the game, so to speak. Prop bets vary widely depending on which betting site you visit. You might find certain sites with hundreds of props connected to the Super Bowl 55.
As for multiple choice prop bets, these give you the choice of more than two possible betting options. Take a look at some of the odds for one of these bets: Which player will win the Super Bowl 55 MVP:
- Patrick Mahomes: -115
- Tom Brady: +215
- Tyreek Hill: +1000
- Travis Kelce: +1200
- Chris Godwin: +2800
- Mike Evans: +2800
Those are just the top choices for this particular prop bet. You can go much deeper than that, as you might imagine with the number of players on the two teams. As you might imagine, these types of Super Bowl 55 prop bets give you a greater possibility of winning a lot of money on a small wager than the either/or type.
Parlay Betting: Multiple Super Bowl Bets on One Slip
A parlay is where you roll several different bets up into one. The lure of a parlay is that you can win a lot more money with them than you often could with single Super Bowl 2024 bets. But the hard part of them is that you have to get every part of the wager right or you lose the bet completely.
Taking an example from Super Bowl 55, a parlay bet might look something like this:
In this case, you would win the parlay if both parts of that bet come to fruition. For example, if Tampa Bay won Super Bowl 55 by a score of 42-21, you would win that parlay. The Bucs covered the spread and the total went over.
However, if only one of those two parts of the bet turned out to be winners, you would lose the entire amount that you bet. You wouldn’t get partial payback if one of the two parts of the bet turned out in your favor. That makes the parlay a risky wager.
To compensate for that risk, Super Bowl betting sites and sportsbooks will offer you excellent odds for parlays, much more profitable than if you were to make two separate wagers. In addition, you can find parlays with even more than two elements. The more bets included inside the parlay, the higher the payback that will be offered to you. These are the hardest types of bets to master when learning how to bet on Super Bowl LV because of their multiple options.
NFL Futures Bets: Super Bowl 56 Betting
Would you take odds of 50 to 1 for the Tampa Bay Buccaneers to win Super Bowl 55 right now? Of course you would, but nobody in their right mind would give you such odds right now. You might not realize that there is a way to lock in odds like that for any NFL team.
You can do it by making a futures wager on Super Bowl 56, which will take place next year. Oddsmakers will offer moneyline odds on all 32 teams to win the Super Bowl. Make that bet and you can lock in those odds, no matter what happens from now to then.
For example, the day after Super Bowl LIV in 2020, the odds for the two Super Bowl 55 teams to win it all were as follows:
- Kansas City Chiefs: +650
- Tampa Bay Buccaneers: +500
The Chiefs actually had the lowest odds at that point of any NFL team, but 6 ½ to 1 is still pretty favorable considering where they wound up. As for the Buccaneers, those long odds reflected the fact that they hadn’t yet signed Tom Brady to play quarterback. Once they did in March of 2020, those odds started to drop dramatically, and the value in making a futures bet on them dropped as well.
But if you had made those wagers back in February of 2020, nothing would have changed your odds. Of course, the flipside is that either of those two teams could have suffered injuries or other circumstances that might have derailed their chances at making the championship game.
But that’s the chance you have to take to get payback so potentially high.
Consider futures bets to be your lottery ticket in the football betting world. You can spend a small amount on the bed and yet you could still win a ton. But there is a lot of luck involved in getting it right early on when the odds are the most favorable.
How to Bet on Super Bowl 55 Online
Up to this point, we’ve explained how the different bets on Super Bowl 55 work in terms of the odds and the payback. But you also need to know the process of actually making your wagers, in terms of a sports betting website or a sportsbook. Let’s talk about both of those processes.
Step 1: Find a Trustworthy Online Sportsbook
Too many new sports bettors get carried away with the excitement of making a bet online and they choose the site without really thinking about it. That can be a major mistake. You have to remember that you’ll be exchanging money and personal information with these sites, so choosing one that is unreliable can cause major havoc for you down the road.
We suggest that you find out the best Super Bowl 55 betting sites available to you. You can do that on your own by checking out the various sites for fast payback, solid bonuses, a wide variety of betting options, and versatility in banking choices. Or you can get help in that process.
We’ve already done all the research, as well as taking feedback from experienced online sports gamblers. The following is a list of what we feel are the best real money websites you can use for betting on Super Bowl 55:
Mobile Super Bowl Betting Apps
In addition to sports betting websites, you can also wager on Super Bowl 55 via mobile apps that give you the same kind of access. As a matter of fact, many of the websites we mentioned also have apps you can use. There are also some sports betting apps that are of the standalone variety.
You should be looking for the same type of quality out of your mobile Super Bowl 55 betting app as you would from a website. Once you have an app in place, the convenience is quite appealing. You’ll be able to make your bets from anywhere at any time as long as you have a connected device with you.
Step 2: Create an Account
This is a pretty simple, painless process. You’ll have to give information about who you are and you’ll probably have to do some sort of confirmation via email or cellphone. In addition, you’ll create a strong password to access your information without going through all the preliminaries every single time.
Step 3: Make Real Money a Deposit
To win real money from a gambling website, you have to create a bankroll, which means funding your gambling account. This will require entering the necessary information.
Top gambling sites will give you plenty of options for both depositing and withdrawing money. The obvious choice is using credit cards, but you can also find sites with alternative methods of payment like e-wallets or cryptocurrency. When you have a lot of options in this department, it will help you customize your experience of betting on Super Bowl 55 the way you want it.
Step 4: Claim a Super Bowl Betting Bonus
One of the biggest perks of gambling on sports online will be the number of bonuses offered to you. Gambling sites are in heavy competition with each other for your business. As a result, they’ll be aggressive in trying to give you some nice promotional bonuses right off the bat, some of which will be automatic and some of which will require you simply entering a promotional code at this point.
This can be a confusing arena, especially for those just learning how to bet on Super Bowl LV online, because it can be hard to tell the worth of one Super Bowl 55 against another. Again, we want to help with that. Here are some of the top bonuses available to you from Super Bowl betting sites.
Step 5: Find and Place Your Bets
If you choose a site correctly, this will be an easy process. The best Super Bowl 55 betting sites will lay everything out for you in a way that’s easy to understand, and you’ll be able to find your bets and enter in the particulars of each wager with no confusion. You’ll need to know the bet you want to make, which option you’re choosing, and the amount you want to wager.
Step 6: Sit Back and Enjoy the Big Game
Learning how to bet on the Super Bowl online is really as easy as that. If you win your bets, you can go through the process of withdrawing your funds, which is simple and painless when you use the best online sportsbooks for Super Bowl betting. And if you really enjoy your experience, you can keep an account on the site and place more sports bets.
How to Bet on the Super Bowl In Person
- Finding a sportsbook. This can be tricky, as many states in the US don’t allow legalized sports gambling in person. As a result, you might be relegated to a casino or sportsbook that is well out of the way.
- Travel to the sportsbook. As we said above, this can be a long ride of many hours and hundreds of miles if you’re not lucky enough to have a sportsbook near where you are.
- Locate customer service to sign up for a club card. Physical sportsbooks also offer bonuses to its players, but the introductory offers are not nearly as lucrative as what you could find on Super Bowl 55 betting websites. Still, you should wait in line for the card, since it will be beneficial to you in earning rewards if you make a lot of bets at this sportsbook.
- Find the sportsbook section. Sportsbooks in the United States are mostly part of casinos, which obviously have lots of other games for their customers. As a result, you might have to do some wandering before you find your location.
- Find the bets you want to make. This is not an easy process, as you might have to look at big display screens flashing bets from all sports. If you’re new to this experience, it can be a little confusing with all the information being thrown at you.
- Look for a teller or kiosk. The advantage of a kiosk is that you can take your time and make your wagers, as long as there’s not a line behind you waiting to use them. Tellers might be helpful in providing you with some information, but they also have to move customers along.
- Place your bet. It’s crucial that you come with all the information in hand because the tellers will be taking bets on sporting events from all over the country. As a result, you need to make sure you’ve got everything straight when you walk up there or you might not get your wager on Super Bowl 55 done in time.
- Check your ticket. Once you walk away with the betting ticket, there is nothing you can do to reverse it. As a result, you have to make sure that what is printed out before you represents what you meant to bet.
- Return for payback. With sports betting websites, you don’t have to worry about traveling to get payback, instead you just request a withdrawal from your account. But with a physical casino, you either have to stick around till after the game—which could mean waiting in long lines again—or make the trip another time to collect your winnings.
Answering Questions About How to Bet on the Super Bowl
Is It Legal to Bet on Super Bowl 55?
If you’re betting on Super Bowl 55 in person, you have to make sure you do so at a legal sportsbook. Those are, unfortunately, few and far between. Not many states have legalized sports gambling in person, although the tide is starting to turn in that direction.
But if you’re betting online, you are in the clear. Most of the top Super Bowl 55 betting sites operate overseas in areas where online gambling is a legal enterprise. The bettor doesn’t have to worry about the legal question anyway, as the legal burden falls on the operators taking the bets.
Is It Easier to Bet on the Super Bowl Online or in Person?
Right off the bat, you have to consider the commute to get to a physical sportsbook. And imagine what the crowds are like at those locations when the Super Bowl—the most popular of all sports betting events in the US—is taking place. Some people might like the atmosphere, but it’s not the most convenient.
By token, betting online is as easy as having something connected to the internet and logging on to a website. From there, everything can be done with you at a computer or mobile device. It is significantly much easier to bet online on Super Bowl 55 than in person.
What Are the Best Super Bowl Betting Sites?
Here is our list of the best sites that you can use to bet and win real money on Super Bowl 55. We can guarantee that you will have a safe and fun Super Bowl betting experience on these websites.
What Makes These the Best Super Bowl 55 Betting Sites?
The best sites each have strengths that are unique to them, but they all generally have certain characteristics that are crucial to the online gambling experience. Chief among these is the fact that they are all trustworthy. You can keep your money in an account and have peace of mind, and you can also withdraw your money quickly.
On top of that, the best Super Bowl 55 offer you many options in terms of the bets you can make, all for odds that are beneficial to you. They give you bonuses that really make it worth your while to bet with them. And they provide with you many different methods of depositing and withdrawing.
Why Should We Trust That These Are the Best Sites for Super Bowl 55 Betting?
First of all, these are not sites that have sprung up out of nowhere. They’ve been in the online gambling business for years. That means they have reputations for solid service to customers.
If you don’t trust our word for it, we suggest you look at the reviews written by experienced sports bettors. They’ve used these sites and are pleased with their results. The same can’t be said for some of the sports betting sites that are new on the scene.
What Is the Easiest Bet to Place on the Super Bowl?
We think that the easiest bet to place on Super Bowl 55 is a simple moneyline bet on who will win the game. If you make this bet, you don’t have to worry about anything else other than which team comes out on top. That’s simple enough for anyone learning how to bet on the Super Bowl 2024 to understand.
What Super Bowl 55 Bet Will Win You the Most Money?
It’s hard to say this for sure without knowing the outcome. But perhaps the best profit potential comes with prop bets where there are multiple choices available to bettors. In these cases, you can get odds on one of the long shots that can be quite lucrative if that long shot manages to deliver.
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