Super Bowl Bookie Odds

The Super Bowl marks the biggest betting event of the year in the US. With Super Bowl LV wrapped up, bettors can already start looking ahead to next year’s NFL championship game.

1. Legal futures betting on the Super Bowl is offered on MyBookie Sportsbook throughout the year. Once the current Super Bowl ends, odds for the next one will be up. Then when the season starts, more odds.
2. We run down the bookies’ latest 2021 Super Bowl odds and look at who are 4 weeks ago Super Bowl predictions 2021: Expert Kansas City Chiefs vs Tampa Bay Buccaneers picks.

Super Bowl Odds, 2021 Super Bowl Prop Odds. Super Bowl LV Quarter Bets Expert Analysis; Super Bowl LV Main Props Expert Analysis; Late Super Bowl 55 Betting Preview: Chiefs vs Bucs; Super Bowl LV Halftime Props Expert Analysis; Super Bowl LV 1st Half Props Expert Analysis – NFL Betting; NFL Super Bowl.

Betting on the Super Bowl marks one of the most popular sports bets that fans make every year. Because it is one of the most-watched and wagered events in the country, oddsmakers are very careful where they place their lines. Understanding NFL Super Bowl odds is important for every budding sports bettor.

Sportsbooks use a host of different factors to include in NFL odds. Such as strength of schedule, previous season success, additions on the roster, and past history to show the likelihood to win the big game.

The Tampa Bay Buccaneers routed the Kansas City Cheifs in the 2021 Super Bowl, as the Bucs cruised to a 31-9 win. Sportsbooks oddsmakers installed Kansas City as the favorite, with average odds sitting at -171.

The Tom Brady-backed Buccaneers went into the big game as the underdog. Books set those odds at +147, giving Tampa Bay a 40% chance at the 2021 Vince Lombardi Trophy. Bettors who took that line cashed in big.

Current Super Bowl 2022 NFL Future Odds

Odds are automatically updated 1 time per day

Best Super Bowl 2022 US Sports Betting Bonuses & Offers

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Odds To Win The Super Bowl – When Was There The Most Value?

Super Bowl odds always change throughout the season. Be sure to check continually for updates as well as use our automated chart to track the changes in 7, 14, and 21-day intervals. The NFL futures odds are updated daily.

Sportsbooks install futures odds on next year’s championship as soon as the Super Bowl ends. For instance, DraftKings Sportsbook already sets the Chiefs (+550) as the Super Bowl LVI favorite, followed by the Buccaneers (+900) and Green Bay Packers (+1200).

Now that the Super Bowl champion is decided, let us see how the odds went in totality. This is to say, when should we have bet on the Chiefs and when should we have bet on the Buccaneers. Keeping track of these odds is crucial during season-long bets because buying stock in these teams (placing bets) is how you increase profitability. There was plenty of value on these teams at points if timed correctly.

Tampa Bay Buccaneers +2800

You read that correctly, when Tom Brady signed with the Tampa Bay Buccaneers, BetMGM had the Buccaneers at +2800. That means that a $10 dollar bet would net you $280 in profit on the Bucs Super Bowl win.

During the season, the Buccaneers fluctuated greatly. However, during week 11, the Buccaneers were as high as +1650 to win the Super Bowl, a phenomenal value that late in the season.

Kansas City Chiefs +600

The Chiefs were an uphill battle when betting the Super Bowl since their week 3 dominating win over the Ravens. The Ravens came in at +500 to win the Super Bowl prior to the season. When the Chiefs came out motivated and dominated the Ravens, they plummeted from +600 to under +400 at some books.

Overall, it would appear that the best time to bet a team to win the Super Bowl is prior to the season. This is easier said than done obviously. However, the Chiefs’ odds dropped considerably once the season started. Looking at the schedule for a favorite and projecting how many wins they will have is very important.

COVID-19 Affecting Gameplay

The 2021 Super Bowl odds changed dramatically as the nation learned how COVID-19 affected gameplay throughout the season. The NFL powered through the 2020-21 schedule, however, sometimes rescheduling games for Tuesdays and even Wednesdays in reaction to positive COVID-19 tests.

The NFL experienced plenty of positive tests this season for COVID-19. The league’s proactive stance in attempting to contact trace to stop the spread and save games played out as a very successful tactic for the NFL.

There were some pitfalls, however, as they contemplated canceling games. At one point, ESPN’s Adam Schefter reported via Twitter that the NFL considered adding a Week 18. The details of how week 18 would have played out are still unknown. What we do know, is that the NFL ultimately didn’t need a Week 18.

While the NFL approved new protocols in the case of canceled games, it was clear that they had no interest in doing so. The NFL played the Ravens vs. Steelers game on a Wednesday when it was originally scheduled six days prior, on Thanksgiving.

Furthermore, the Broncos’ entire quarterback room was placed on the COVID-19 list making them ineligible for week 12. Many might forget this but it was the strangest game I remember in the NFL. The result was starting a wide receiver at quarterback and being embarrassed 31-3. The NFL had zero interest in canceling games.

The playoffs were not played in a bubble as the NBA did for the 2020 NBA Finals playoffs. This was rather surprising considering players were consistently testing positive for COVID-19.

The NFL did not hit many snags in the playoffs. There were not any game-changing COVID-19 positive tests. Hopefully, we’ll never see another NFL season affected by COVID-19 as much as the league experienced last season.

Where Can I Bet On The Super Bowl Online

If you want to bet on the Super Bowl online you must be located in one of the states that permit legal online sports betting.

The list of states where online sports betting is legalized changes regularly. Each of these states already has live online sportsbooks ready to take Super Bowl futures bets. Most also have retail sportsbooks for local betting.

States like New Jersey and Pennsylvania set the stage for online Super Bowl Betting early on. States like Colorado, Illinois, Indiana, Iowa, Tennessee, Nevada, and West Virginia all launched online sports betting. Michigan and Virginia became the two most recent states to launch online sports betting.

Each state has different sportsbooks that are legally allowed to operate in a given state. For example, BetMGM is legal in almost a dozen states, as are FanDuel and DraftKings.

Learn more in our Guide To Placing A Sports Bet Online.

How To Choose The Best Sportsbook For Super Bowl Betting

Many fans would be keen to use risk-free bet offers for a free shot at the Super Bowl winner at advantageous odds.

For instance, if you bet on the Buccaneers to win the Super Bowl before they signed Tom Brady you would get odds near +3000. These are extremely strong odds and gives your bet of $500 the chance to turn into $15,500.

It is important to differentiate which sportsbooks have the best odds. Sharps typically have multiple sportsbooks that they are registered with. They will flip between the sports betting apps to make a decision that is the most profitable.

For example, if PointsBet has the Buccaneers at +2900 but BetMGM had the odds at +2600, the seemingly small difference in odds is worth $1,500 in this particular bet.

Each sportsbook is different based on the available odds. Some charge a higher vig and some odds change because big amounts of money are being thrown around. If large wagers are placed on the Chiefs to win the Super Bowl, their odds will begin to change so the books can adjust to the amount of liability.

How To Place Online Super Bowl Bets

When bettors want to wager on the Super Bowl they must first sign up for a sportsbook. It is important to take advantage of promotions that they may have going. Refer to Bonus.com’s Sportsbook Reviews to get the exclusive promotional codes and find the sportsbook right for you. Then, follow these steps:

• Step 1: Use our Online Sports Betting Guide to find the right sportsbook for you and to take advantage of the best promotions.
• Step 2: Choose your sportsbook and download the app.
• Step 3: Go to the sign-up page and register for your account.
• Step 4: Enter your first and last name as well as your email address and last four 4 of your social security number.
• Step 5: Deposit money using the promo code found in the review.
• Step 6: Tap on Sports > NFL> NFL Futures> Super Bowl Odds> Place bet.
• Step 7: Once your team wins the Super Bowl, sign in to your account options, tap withdrawal, and enjoy your payday!

Where Can I Bet On The Super Bowl In Vegas?

Las Vegas is one of the top cities for betting on sports in the country. Mobile betting is not ideal, however, as fans must go to a casino first before being able to register for a mobile sportsbook.

Vegas is known for its wide array of casinos and resorts that get herds of visitors from across the country. The plethora of options on the Vegas Strip will make the fan experience even more fun whether you are betting on live events already in progress or before gameplay. Going to Las Vegas sportsbooks to place Super Bowl bets is very common.

MGM Grand, Caesar’s Palace, and Golden Nugget are very popular Las Vegas casinos. The Westgate SuperBook, Caesars Palace, Wynn, South Point, Venetian, and many other Las Vegas casinos host sportsbooks. All of these venues offer numerous ways to bet on the NFL.

How Are Super Bowl Betting Odds Calculated?

Bettors that understand how odds are broken-down and calculated can make bets more educated. There are so many different factors that play into the Super Bowl favorites. More often than not, the best teams are going given the best odds. But this is not always the case.

Before the 2020-21 season, bookmakers placed the Chiefs and Ravens as the Super Bowl favorites, with both teams at around +600 odds. The books based Baltimore’s odds on the Ravens’ strong 14-2 regular season from the previous year, after which the Ravems were knocked out of the playoffs by the Tennessee Titans in a big upset.

Other factors will include the difficulty of their regular season schedule, additions to the roster from the previous year, and of course, the overall talent on the roster. When the Chiefs won the Super Bowl in February of 2020, they were +600 before the start of the season.

If you signed up for PointsBet Sportsbook or FanDuel Sportsbook, you were given a $500 risk-free bet. If you placed your risk-free bet on the Chiefs your $500 bet would profit $3,000 if Kansas City followed up with another Super Bowl win in 2021.

Just days after Kansas City’s Super Bowl LV loss, DraftKings Sportsbook set the Cheifs as the favorite to win Super Bowl 56. Despite the lopsided loss to the Bucs, the Chiefs clearly still hold status as the league’s most respected team according to the sportsbooks.

For more resources, check out our NFL Odds Calculator and Sports Betting Edge Table.

Odds To Win Super Bowl 2021

NFL Super Bowl LV Odds Breakdown

The Chiefs opened up as (-3) favorites for Super Bowl LV. Tom Brady played in his 10th Super Bowl which is unbelievable in and of itself. In a battle of superstars quarterbacks from different generations, Brady notched his record-setting seventh Super Bowl win.

Before the game, Bonus.com evaluated each team’s chances of covering the point spread:

Odds provided by DraftKings Sportsbook

Kansas City Chiefs (-3)

Super Bowl Odds For The Chiefs

• The Chiefs went down 9-0 early in the first quarter against the Buffalo Bills and ended up blowing the Bills out. When tested, the Chiefs are the most explosive team I can remember seeing in all of my years of watching football.
• The only way to beat the Chiefs is to keep the ball away from Mahomes. Big plays are not going to win you games. A slow, methodical approach to the game is the only hope to beat the Chiefs.
• The Chiefs opened up as 3 point favorites in the Super Bowl and climbed to 3.5 at some books.

Tampa Bay Buccaneers (+3)

Super Bowl Odds For The Buccaneers

• Tom Brady had three touchdown passes in the first half and looked horrific in the second half. However, he is 43 years old and has two weeks to prepare for the biggest game of his life. It has been Super Bowl or bust all year, they now have their shot.
• The Packers were the best team all season long in the NFC. Rodgers was the NFC MVP and had plenty of chances to win the game. The Bucs cannot give out those chances again. Mahomes will make them pay every time.
• The Buccaneers have the first-ever home Super Bowl. The Super Bowl will take place in Tampa Bay so there is a slight edge to having a home game. The difference should not be too large, there will not be many fans in attendance.

NFL Super Bowl Odds And Betting

Moneyline

Also known as a “straight bet” a Moneyline bet just chooses the winner of the game. When betting on the Moneyline, the odds are usually not exact. Typically there are favorites and underdogs. When the Chiefs and Buccaneers matched up for the Super Bowl, the Chiefs were around -171 and the Buccaneers +147.

When comparing NFL odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win. Moneyline betting odds with a “+” notation are relatively simple to calculate. The +147 line on the Buccaneers, for example, means a $100 wager would net $147 in profit. In other words, the $100 bet would return a total of $247 (the $147 in profit and the original $100 bet).

Point Spreads

Points spread bets or “handicap bets” are when sportsbooks put teams against a number that they must win or lose by. For the Chiefs, they were -3.5 against the Buccaneers at some sportsbooks during Super Bowl LV. Had they won by three points and you bet on -3.5, the bet would lose. Conversely, if the Buccaneers lost by three and you had +3.5, your bet would win.

Over/Under (Totals)

Betting on an Over/Under or total points bet means you are not betting on any team. If you bet over you are betting on the combined number of points between the two teams.

Bookmakers set a number, and bettors need to decide whether the game will go over or under that number. For Super Bowl LV, bookmakers set the Over/Under at 55.5, and the final combined score of 31-9 (40 total points) paid off bets on the under.

Parlays

When placing a parlay bet, you are betting on two or more things to happen. To get paid on your bet, all of the outcomes must occur in a given parlay. If you parlayed the Buccaneers to win with Under 55.5 your bet won. Conversely, if you bet Chiefs to win and Under 55.5 your bet lost, as the Chiefs losing made the parlay a losing ticket.

What Is An NFL Futures Bet?

The futures market in sports betting is a huge part of the industry. The possible bet types range from championship winners to divisional winners, and even MVP candidates.

For instance, just days after Super Bowl LV, DraftKings Sportsbooks started giving odds on next year’s Super Bowl champion. Futures bets on the Super Bowl LVI champion opened with Kansas City (+550), Tampa Bay (+900), and Green Bay (+900) among the favorites.

Super Bowl Prop Bets

Prop bets are becoming more popular in the sports betting world. And there is no more popular betting event than the Super Bowl. Super Bowl prop bets go hand-in-hand because of the creativity involved and the added excitement for a much-hyped game.

A prop bet is a bet on an occurrence or non-occurrence of an event happening in a game, match, or season.

Super Bowl LV Available Prop Bets

Most Super Bowl prop bets are set once the teams are decided for the matchup. Until then, sportsbooks might get creative about what prop bets they start to offer before that time. Due to how unique this NFL season is, the prop bets could be more creative than ever.

The sportsbooks offered several interesting prop bets for Super Bowl LV:

Odds are provided by DraftKings Sportsbook

Super Bowl MVP Odds

Patrick Mahomes: +100

Tom Brady: +210

Tyreek Hill: +1200

Travis Kelce: +1300

Leonard Fournette: +2500

Clyde Ewards-Helaire: +2800

Super Bowl MVP is one of the most popular bets for the Super Bowl. Eight of the last 11 Super Bowl MVPs have been quarterbacks, as Tom Brady won the Super Bowl LV MVP award.

Coin Toss Odds

Heads – 103

Tails -103

Betting on Heads or Tails is a popular bet on the Super Bowl. This is a pure 50% bet but some books are still collecting a vig. This bet could be done anywhere anytime so the modest vig from sportsbooks is worth avoiding.

To Win Coin Toss And Game Odds

Tampa Bay Buccaneers: Yes +355 No -500

Kansas City Chiefs: +205 No -265

This bet immediately popped up for me because the parlayed vigorish isn’t very high. This could be another way to get juicier odds on a team that you think will win. The Chiefs are -167 on the moneyline and the Buccaneers are +145 to win.

Total Players To Attempt A Pass

Over 2,5 Players : +165 Under 2.5 Players: -215

I didn’t see an argument for under at that price. We saw Tom Brady constantly throwback to a wide receiver throughout his years with the Patriots. Super Bowls are always going to bring out massive amounts of creativity.

Final Play Of The Game To Be A Kneel

Yes: -200 No: +159

Unless the game ends in a Hail Mary or last-second field goal attempt, it is hard to imagine the game ending in anything other than a kneel… right?

Past Super Bowl Prop Bets

The Westgate Las Vegas, an oddsmaker, started getting creative with prop bets on the Super Bowl. Now, every sportsbook puts out Super Bowl prop bets. Even websites likeCBS Sports, which does not cover gambling regularly, cover Super Bowl prop bets.

One popular prop bet for the Super Bowl is how long it will take the singer to complete the National Anthem. Leading up to Super Bowl LIV, singer Demi Lovato sang the National Anthem for the Conor McGregor vs Floyd Mayweather fight in 2018. She clocked in at well over 2 minutes for that performance.

The expectation would be that she would do the same at the Super Bowl. Shockingly, Demi Lovato went under 2 minutes at +180 for the performance. This bet is offered every year and will assuredly be offered this year too.

NFL Season-Long Prop Bets

In addition to Super Bowl prop bets, many sportsbooks offer season-long NFL prop bets. These can be bets on a particular team or a particular player’s performances and stats over a season. In football, many of these NFL prop bets revolve around injuries.

For example, if at the start of the season, you bet on Dak Prescott to lead the league in passing yards, you were out of luck. He suffered a season-ending compound ankle fracture in Week 5.

It is impossible to bet on who will or won’t get injured. However, it is best to grab a player who is rarely injured that you believe in. Avoid players who are often injured or have soft tissue injuries regularly.

How The NFL Draft Affects Super Bowl Odds

In some cases, the NFL Draft can shift the odds one way or another. For instance, the Chiefs drafted Clyde Edwards-Helaire at the backend of the first round by the Chiefs. He ended up as a major contributor and able to help the Chiefs backfield.

This is rare, however. Teams that are competing for a title usually do not have top draft picks to get an impact player. The Chiefs would have been the favorites to win the Super Bowl preseason whether they had Edwards-Helaire or not.

Strategies For Super Bowl Betting

Alternate Lines

Using Alternate Lines can be extremely profitable when it comes to sports betting. When a line comes out from the sportsbook, it can move in many different directions. If you like the Super Bowl line at the beginning of the week, it could be wise to jump on it early with an alternate spread to increase profitability.

Fade The Public?

Super Bowl lines move all over the place because it is one of the most bet on sporting events of the year. Fading the public is a betting strategy that goes with the initial betting line that oddsmakers put out. The idea is to not follow where the public is betting and to always stick with the professionals.

What Is Middling In Sports Betting?

A betting strategy that most casual bettors would not know, Middling is a strategy that mandates multiple wagers on a game. It is not perfect but it can be quite effective. The best way to explain middling is with an example.

• You place a bet on the New York Giants at -4 vs the Dallas Cowboys
• *The line moves to Giants -7*
• You then place a second wager on the Cowboys +7.
• It is called middling because the bettor wants the best of both outcomes. They want the Cowboys to lose by less than 7 and the Giants to win by more than 4.

This will limit your financial risk and allow you to win in multiple different ways.

Betting Odds For The Super Bowl FAQ

Yes, in states with legalized sports betting. Currently, almost two dozen US states allow legal sports betting, with more than a dozen of those states offering legal online sports betting.

Some of the states that offer both land-based and online sportsbooks include Nevada, New Jersey, Pennsylvania, Colorado, Indiana, Illinois, Michigan, and more.

Office pools and other types of betting on the Super Bowl outside of legal sportsbooks are technically against the law.

In most states, you must be 21 years of age or older to bet on the Super Bowl. In New York, Montana, and Rhode Island you are legally allowed to wager at 18 years or older.

The top online sportsbooks include FanDuel, DraftKings, BetMGM, and BetRivers, and William Hill. Every single sportsbook that you find will offer bets on the Super Bowl. The Super Bowl is the most bet on sports event of the year so any sportsbook that is not offering the Super Bowl is not a reliable online sports betting site.

Yes. Using any of the legal online sportsbooks found on this page will allow you to place any bet legally and safely. Be careful to only use sportsbooks that are legally licensed or partnered with a legal online casino. They are the most reliable for safe deposits and cashouts.

Yes. Live betting on the Super Bowl is an extremely popular and fun way to bet. In-game betting is not limited to the spread or moneyline either. You can bet on a host of prop bets and point totals throughout the game as the lines move.

Yes. Many sportsbooks have licenses to hold these types of bets. From the length of the National Anthem to the color of the Gatorade at the end of the game, everything can be bet on during the Super Bowl.

The current favorite to win Super Bowl LVI is the Kansas City Chiefs. Other favorites in the eyes of the sportsbooks include the Tampa Bay Buccaneers and Green Bay Packers.

Super Bowl LV will take place on February 6th, 2022 at SoFi Stadium in Los Angeles, CA.

The home of the Los Angeles Rams and Los Angeles Chargers, SoFi Stadium will host the Super Bowl for the first time next year.

The VegasInsider.com Super Bowl 55 Betting Update is your one-stop resource for the NFL finale between the Kansas City Chiefs and the Tampa Bay Buccaneers.

The two teams will meet in the NFL finale at Raymond James Stadium from Tampa, Florida on Sunday, Feb. 7, 2021.

Vegas Insider Micah Roberts, a former sports book director, will provide the latest betting updates from Las Vegas and the state of Nevada while the VI staff will be offering reports, big ticket wagers and betting trend comparisons from legal sportsbooks throughout the United States.

Super Bowl 55 - Most Viewed Stories

Also, VI will be providing you with historical data, trends and angles to watch for Super Bowl 55 as you prepare for the NFL playoff matchup between the Chiefs and Buccaneers.

For up to the minute Super Bowl 55 betting releases, be sure to follow both @TwitVI and @MicahRoberts7 on Twitter.

Update - Saturday, Feb. 6, 2021 - 6:45 p.m. ET

by VI Staff

The latest betting trends are showing a fairly even split on the Super Bowl 55 matchup with less than 24 hours to kickoff.

Our Betting Preview on the Chiefs vs. Buccaneers is up and there are plenty of Super Bowl 55 predictions to help you with all of your wagering opportunities.

Bettors looking for advice can check out our stable of expert picks or we've got plenty of free content to help you with your handicapping.

SB55 Picks Super Bowl Predictions Super Bowl 55 Props

Update - Friday, Feb. 5, 2021 - 7:45 p.m. ET

by Micah Roberts

BetMGM makes a move

The big news on Friday morning was BetMGM dropping from the Chiefs from -3.5 -105 to -3 -115 as more Buccaneers money started flowing in than had been seen with large money.

“We started to see quite a bit a lot of sharp players wanting to take the +3.5 (-115) so I had to move it,” said BetMGM VP of trading Jason Scott.

It was BetMGM’s first move since last Sunday after the conference championship games.

Station Casinos and Atlantis-Reno are the only 3.5’s in Nevada so taking the +3.5 -120 still holds value. If you want to buy the half point at most books they charge .25 extra cents so if you want it you know where to go.

Atlantis-Reno sportsbook director Marc Nelson said they’re still pretty even at 3.5 so no reason for him to move yet. Station’s sportsbook director Jason McCormick said they’re still even at the number as well. No need to get cute on booking the biggest game of the year. Follow the money from here on out.

The South Point always makes a splash with Super Bowl gifts on the betting line because owner Michael Gaughan has always done it for marketing, all the way back to his Barbary Coast days when his sportsbook ran by Jimmy Vaccaro offered the first prop -- “Will William ‘The Refrigerator’ Perry score a touchdown” against the Patriots in the 1986 Super Bowl. He did score, the books lost a ton, but gained so much notoriety nationally for it. It was the berth of the modern-day prop as we know it.

In 1992, Gaughan ran the Super Bowl promo at all his Coast Casinos offering the Bills +7.5 or the Redskins -6.5 when everyone else was -7. Why would you bet anywhere else no matter what side you liked? That was the idea. Washington won 37-24. The book cleaned up.

Chris Andrews is in charge of the South Point book now for Gaughan and has been steady at Chiefs -3 -110 which is the best number in Las Vegas. They also chopped the money-line down to a .10 cent split to -160/+150. The South Point has bumped up its total to 56.5 while most others are still at 56.

Update - Thursday, Feb. 4, 2021 - 5:15 p.m. ET

by Micah Roberts

Chiefs getting attention

It looks as though most of the Buccaneers +3.5 numbers are slowly dissipating in Nevada with only BetMGM (+3.5 -115), Station Casinos (+3.5 -120), and Atlantis-Reno (+3.5 -120) holding firm while most of the state has the Chiefs -3 (-120) with of course the exception being the South Point at -3 flat, the best Chiefs number in the world.

Traffic is less in the sportsbooks during the pandemic, but business is still booming over the phones like never before, such as the $2.3 million bet (Bucs +3.5 -115) last week on the BetMGM app from their regular big bettor. They took another big yesterday.

“We’re starting to see more Kansas City bets,” said BetMGM VP of trading Jason Scott. “We’re seeing a 60-40 split in favor of KC as of yesterday.”

The idea of taking $2.3 million on the Bucs and still being lopsided on the Chiefs side is an unbelievable feat, but it’s so 2021 at the same time. Their handle has been huge.

“We had one customer put $500,000 on the Chiefs and he’s indicated he might come back for more,” Scott said.

The perfect customer. He doesn’t care about the number and he’s never heard of the South Point where he can lay -3 flat or -3 (-120) almost anywhere else.

BetMGM’s handle has been through the roof so far bringing up the notion that Nevada has a chance in these final few days to possibly set a Nevada Super Bowl record surpassing $158 million.

“If we look at the same day of the week compared to last year, the handle is up 500% but we’re in six extra states,” Scott said. “The foot traffic in Nevada is the known unknown. Will we see the plethora of six-figure bets we saw on Sunday last year or has the virus killed the travel?”

The expected rush figures to be less because of the state mandates allowing only 25% of capacity into the casino and the traditional Super Bowl parties that everyone loved will be held to only 50 people per room. But bettors gotta bet, and they’ll find their way to the books somehow.

Up north in Reno, the Atlantis has no thoughts of moving off Chiefs -3.5 EVEN.

“We’re at 60-40% on the Chiefs in ticket counts and 70-30% on the Chiefs with cash wagered and don’t expect any move in the near future,” said Atlantis sportsbook director Marc Nelson. “The only thing we’ve moved is the money-line dropping down to -160.”

The underdog money-line is always bet the most in the Super Bowl, especially with novices who just want to have a rooting interest in what is likely their only bet of the year.

“How much do I win if I bet the Chiefs to win, I don’t understand points,” a nice lady will ask the ticket writer.

“If you bet $16 for the Chiefs to win, no points, you’ll win $10,” the writer would say.

“Well that doesn’t sound very good, how about if I bet the Buccaneers,” she says.

“If the Bucs win you get $14 back on a $10 bet.”

“Yes, give me the Buccaneers then for $10.”

That’s how it happens, and it’s a common occurrence on most Super Bowl weekends. But that type of transaction figures to be limited with fewer people willing to travel.

That’s why the bookmakers dream for the Super Bowl is the favorite not covering the spread but not the underdog winning. They scoop up all the chips on both sides. The last time it happened was the Steelers (-7) beating the Cardinals, 27-23 in 2009.

My favorite moment booking the Super Bowl was in 2005 when the Patriots (-7) beat the Eagles 24-21, the one when Philadelphia wide receiver Terrell Owens played his tail off with a broken leg and quarterback Donovan McNabb threw up in the fourth quarter. The game also stayed 'under' the total of 46.5.

Favorite doesn’t cover, 'dog doesn’t win, and it stays 'under'. We cleaned up and had a big part of the state’s $15.4 million win which was then a record until the Seahawks 43-8 win over the Broncos in 2014 won $19.6 million for the state which is still the record. But the 17% win in 2005 is still the best win percentage.

Update - Wednesday, Feb. 3, 2021 - 7:30 p.m. ET

per PointsBet

PointsBet ready for SB55

PointsBet continues to be at the top of the leaderboard in Super Bowl bet types available, with 620 different markets now live, equating to roughly 3,100 total outcomes.

Point-Spread

After Kansas City initially opened as 3.5-point favorites (-105), we saw a quick dip to the key number of KC -3 on Monday, where the line has remained since.

Currently, we have significantly more action on the Chiefs on the spread. Since yesterday, we have seen a slight dip on bet count and handle on Kansas City, now with 77% of spread bets and 91% of spread handle on the Chiefs to repeat as Super Bowl Champions.

Total

The total opened Sunday night at 57.5 (-115/-105) – we have since seen a dip to 56 where it has held steady.

Very slight adjustment on bet count and handle since yesterday, now with 79% of bets and 80% of money wagered on the OVER.

Moneyline

On the ML, we opened at KC -186 and TB +155. Since the initial dip with the spread falling to 3 from 3.5, we’ve since seen ML adjust to KC -170 and TB +145 and has held there for several days.

Unlike the spread, Moneyline bettors are liking Tampa Bay, with 56% of bets and 58% of the handle on the Buccaneers to win outright (small bump on handle since yesterday).

Best Result for Book

As of Wednesday Feb. 3, due to nearly 80% of spread bets and over 90% of spread handle being on Kansas City, but more moneyline bets/handle on Tampa Bay, the best result for the book would be a Chiefs victory by less than 3 points.

Super Bowl Betting Odds History

On the total, the book is heavily cheering for UNDER 56 points scored.

Super Bowl 55 Prop Moves

Sharp Action/Notable Line Movements

• Longest Punt OVER 56.5 Yards (Bet at +100, now at -115)
• Longest Successful FG Distance UNDER 47.5 (Bet at -115, now at -130)
• Tampa Bay Total Field Goal Attempts OVER 0.5 (Bet at -130, now out to -150)
• Ryan Succop To Miss A Field Goal (Bet at +500, now at +400)
• Shortest Field Goal Distance UNDER 27.5 (Bet at -115, now at -130)

Notable Bets at PointsBet

• Yesterday, we had a client wager $10,000 that the opening kickoff would not be returned for a TD. Would win $200.
• On Monday, a client wagered $75,000 on KC -3 (-120). Would win $62,500.
• Late last week, we took a $2,500 bet on heads (-102 odds). Would win $2,450.98.

Miscellaneous Super Bowl 55 ACtion

Shaquil Barrett continues to be a big liability for MVP. He currently sits as the fifth-most bet player (now up to 9% of bet count) to win MVP, and sits at +6600 odds.

Update - Monday, Feb. 2, 2021 - 5:45 p.m. ET

by Micah Roberts

Bucs money starting to show

The Westgate Las Vegas SuperBook opened Super Bowl 55 with the Chiefs -3.5-flat before Kansas City's AFC Championship game win was over and within an hour they had enough Bucs money to move to -3 -120, and they’ve been there ever since in what has been a strange first week of Super Bowl betting in Las Vegas.

“We’re getting more action on the Bucs spread so far, but we have more tickets bet on the Chiefs,” said SuperBook VP of risk management Jeff Sherman. “Our larger bets have been on the Bucs with the largest being $80,000 from someone who brought to +3.5 laying -135. We’ve seen about 75% of the cash on the spread so far be on Tampa Bay, and a 6-to-1 cash ratio on the Bucs money-line which we just dropped from -170/+150 down to -165/+145.”

“For us to move to 3-flat it’s going to take a lot,” Sherman said. “And there’s no chance we’ll be at -2.5.”

To say “no chance” is a big deal at this stage of betting the Super Bowl because the public usually comes in from out of town loaded with cash and they decide what the spread will be, but things are different with the pandemic hovering.

“It’s definitely different and we don’t know what to expect as our book is allowed only 25% of capacity with the seats all spaced out and we’ll also have three separate viewing areas with 50 people each allowed as well as the bars,” Sherman said.

The Westgate security team will be handling the people count. If someone leaves, they’ll allow a new person to come in. Nevada Gaming will be in charge of enforcing the state rules and will be monitoring throughout. No casino wants a citation with a big fine attached. No more standing room only packing the room’s open spaces and aisles, part of the very reason that watching with a big crowd was so fun.

And is it possible that no final rush the way we know it will happen? Maybe people just stay home and watch it. The beer and food are cheaper at home, and also less of a chance to catch COVID-19. Maybe the rush comes from the phones, or maybe Californians have to continue to bet illegally with their bookie rather than drive to Las Vegas. It’s hard to tell what the overall effect will be, but we can all assume the Vegas Super Bowl vibe will definitely be altered.

Props on the Move

The best way to offset possibly getting sided in this Super Bowl -- push with favorite -3, lose with dog +3.5 -- if it lands 3 is to offset the action with props, and the crew at the Superbook have been doing better than anyone for almost two decades. The last few seasons they’ve seen their prop action equal the amount bet on the game itself (spread, total, money-line) but Sherman says it’s even higher this season and they’ve had a couple of props run one way.

“The total yardage of all field goals made combined has gone from 112 to 119.5, and total kickoff returns combined from both teams was bet from 3.5 under -190 to -130, and will Mecole Hardman score a TD has dropped from 4-to-1 to +330, and I probably should drop it lower,” Sherman said as he was assessing the liability.

My favorite prop as a bookmaker was always the first player to score because it usually was our first big win of the day we posted unless it was Chicago Bears standout Devin Hester returning a kick for a 92-yard TD to open the game paying out 35/1 odds which everyone seemed to have because the rookie Hester had 6 returns for a TD during the 2006 season.

“We have the most cash and tickets bet on (Patrick) Mahomes to score the first TD and have dropped him from 16-to-1 down to 14-to-1,” Sherman said. “Another index prop like that is player to win MVP and our biggest risk so far is Tyrann Mathieu who was 60-to-1 and is down to 40-to-1. They also like Antonio Brown to win MVP and he’s dropped from 50-to-1 to 40-to-1, but both QB’s are the top two money attractions to win MVP.”

A QB has won the MVP in 30 of the 55 Super Bowls with Tom Brady winning it a record four times. But two of the last seven MVPs were defensive players Malcolm Smith and Von Miller of the Seahawks and Broncos respectively. Mathieu is lined up all over the field and certainly has a chance to be the star of the game.

“We also saw a run on the Chiefs to score a rushing TD from +200 down to +160,” Sherman said.

“No chance at -2.5” is what sticks with me the most from my conversation with Sherman because I still think the masses will bet Brady and the Bucs as opposed to laying the appearance of a cheap number with the Chiefs.

Update - Friday, Jan. 29, 2021 - 6:15 p.m. ET

by VI Staff

Action remains steady

We're still more than over a week away from Super Bowl 55 and Kansas City remains the top betting choice at PointsBet, a legal US betting shop, and other operators within the United States. As we close in on the game, Super Bowl betting sites will likely offer odds boosts and other incentives to lay down some serious cash on the Chiefs.

Along with the betting trends listed above, PointsBet is starting to see a lean for certain players on two popular betting props for Super Bowl 55.

PointsBet - Super Bowl 55 MVP Trends

Tampa Bay quarterback Tom Brady is receiving 23% of the betting count as of Friday Jan. 29 and that's not surprising since QBs usually win the award.

Other notable choices include playmakers wide receiver Tyreek Hill and tight end Travis Kelce of the Chiefs while Buccaneers linebacker Shaquil Barrett appears to be a live long shot.

PointsBet - Super Bowl 55 Anytime TD Scorer Trends

Kelce is the leader in the clubhouse at 36% of the total bets and it's hard to argue against the pick, despite the chalky price (-164). The tight end has scored in 12 of the 16 games that he's started this season for Kansas Ciy.

According to legal US sportsbooks reporting action on the Chiefs and Bucs, the largest Super Bowl 55 wager was placed between Thursday night and Friday morning at BetMGM.

Tampa Bay was the choice and the amount was $2.3 million to win $2 million. Good Luck to you!

$2.3 million on Tampa +3.5... Wow ?? https://t.co/eU4xgg9bPv

Update - Thursday, Jan. 28, 2021 - 2:15 p.m. ET

by Micah Roberts

Super Bowl 55 Props Abound

Super Book Props William Hill Props

The Super Bowl prop frenzy is about to start today with sharp guys already having their own numbers and prices set and they’re waiting, hoping to find an opening number error or the largest disparity.

“It’s been quiet the last two days, but that’s going to change real quick at 2:00 p.m. PT when we release hundreds and hundreds of props,' said William Hill’s director of trading Nick Bogdanovich, arguably the hardest working man in the business. “Adam (Pullen) and I have been working on them the last two days.'

Bogdanovich never takes a day off unless he’s on vacation in California and his top oddsmaker, Pullen, is a numbers whiz kid that has been one of the best at it for 25 years in Las Vegas.

How about some of the unique ones, any cross-sport props?

‘'Yeah, he made a bunch of those cross-sport props with stuff like shots on goal in hockey, goals made in soccer games played that day and all kinds of stuff like that,' he said. “But the most unique one that stands out this year is whether or not a missed field goal hits the crossbar. I think we have the No at -360.'

The handle has been through the roof this season for William Hill books with the addition of taking over all the Caesars Entertainment books on the strip and most of it has come from mobile wagering.

“We’re about 70% with mobile wagering and 30% retail (over-the-counter), and the bump is most likely from the pandemic,' he said. “Before the pandemic, our action was a 50-50 split with retail.'

The ease of betting from phones during the pandemic has taught all bettors, small and large, the best and easiest way to play and I think it’s going to stay that way whenever the pandemic is over.

In-progress play and props during games while at home has been an eye-opening experience for the regular Joe public bettor. It is this aspect that makes it possible for a Nevada Super Bowl handle record ($158 million) to be set despite sportsbooks only allowing 25% of its capacity during these times.

“A record? I doubt it,' Bogdanovich said. “But I’ll tell you what, if a price was offered at plus-money on a record happening I would bet it.'

So he’s saying there’s a chance. I’d make that bet too!

Chiefs maintain steady lead

William Hill books opened the Chiefs -3 -120 and after a brief 20 minutes stint at -3.5 Sunday night they are back where they started, -3 -120. Bogdanovich has seen the same type of early action as most Nevada books have.

“In straight bet action (point-spread), we’re seeing the Chiefs at a 2-to-1 ratio (money), and the Bucs at 1.5-to-1 ratio on the money-line,' he said.

William Hill opened the money-line at -170/+150 and is now at -165/+145.

Their total has dropped from 57 down to 56.5 despite almost every parlay taking the over.

“We’re about 50-50 on straight bets with the total, but on the parlays so far we’ve seen 90% of the bets taking the over,' he said.

SB55 Vegas parties are on, but limited

One last note regarding Super Bowl parties. Just like the Mirage, Bogdanovich said all the properties they have sportsbooks in can’t have more than 50 people at a party.

The pageantry of these big parties across the strip is an awesome vibe to be part of, but how about we just load up an account with our normal Super Bowl betting allowance, stay home to be safe, and bet away on our mobile phones.

Update - Wednesday, Jan. 27, 2021 - 1:00 p.m. ET

by VI Staff

Super Bowl 55 Betting Trends

As we inch closer to the big showdown from Tampa between the Chiefs and Buccaneers, bettors at DraftKings are start to show their hand even though Super Bowl 55 is more than a week away.

According to the betting trends listed above at the operator, bettors are backing Kansas City to win and cover the game, plus they're expecting points in this matchup.

Over 56.5 is the most one-sided wager on Super Bowl 55 at DraftKings as of Jan. 27, 2021, taking both 83% of the betting handle and the bets.

What does that mean?

If DraftKings had $100 bet on the Super Bowl 55 total, then $83 would be on the Over and $17 on the Under.

Same math with the ticket count -- 83 to 17 -- if you're using a sample of 100 tickets.

Right now, the only difference in the Super Bowl 55 splits provided by DraftKings is with money-line wagers.

Kansas City (-167) is receiving 55% of the overall handle but Tampa Bay (+145) has a 56% draw in ticket counts or bets.

That's not surprising with the point-spread being so short and a lot of bettors believe Tampa Bay will either win outright or not lose by 1, 2 or 3 points.

Update - Tuesday, Jan. 26, 2021 - 5:00 p.m. ET

by Micah Roberts

KC Cash shows up first!

If early Super Bowl 55 wagering after three days is any indication, the public loves the Chiefs so far, but 98% of the action in Las Vegas and Nevada is still to come. The most pressing question is what the proper number is.

“I think -3.5 is a better number for us, but each time I’ve moved it there it lasts only 10 minutes before we get a $50,000 bet on it and we go back down to -3,” said South Point sportsbook director Chris Andrews. “And we’re getting steady action laying the 3 and it’s adding up, but they’re not betting it with a vengeance.”

The South Point is a great book to watch line movements with because they use only flat numbers.

When they are -3 -110, it’s the only 3-flat offered and the most attractive for Chiefs bettors, and when it’s -3.5 flat, it’s the best number for Bucs bettors.

“We’ve taken 70% of our bets on the Chiefs (-3.5 EVEN) so far,” Atlantis-Reno sports books director Marc Nelson said. “And it’s just a feeling, but I think we’ll see more Chiefs money down the road.”

So you think maybe you’ll get to Chiefs -4?

“I doubt it, but you never know,” Nelson said.

There are many ways to execute a Super Bowl booking strategy, with much of starting with the CEO or owners and how much they’re willing to risk. Don’t shock the big boss with a losing day on Super Bowl come Monday.

“Michael (Gaughan) just said he doesn’t want to know right now, just handle it,” said a chuckling Andrews of the South Point owners' early instructions to him.

This is always the public’s game with their small money dwarfing what the sharp money bets. Most bookmakers book the game on all money combined and map out a plan to return a certain amount of profit, but Nelson does it a little differently.

“I give respect to the wise guy wagers more than the public, and book it that way (even if risk is higher on the other side),” he said. “I’ve always done it that way in the regular season and I do it in the postseason as well, but they haven’t shown their hand yet other than some under (57) money.”

The lowest Nevada total offering as of Tuesday is 56 at the Westgate Las Vegas SuperBook.

Another strategy for the books is to get to the right number as soon as possible, especially in the biggest game of the year when it’s hovering around the most key number of 3.

It’s going to take a surge of Tampa Bay action to see a 2.5 anytime soon and if it happens it’s likely to be next week.

But so far, most bookmakers think the second week will still be mostly Chiefs action so they’re not alarmed by possibly creating a middle opportunity to create the blackest of all Sundays -- if the Chiefs win by exactly 3 points.

What is Black Sunday?

Per - VI Staff

A strategy used in the industry is called a 'middle' where bettors are playing both sides of a game on either the point-spread, total or in some cases the money-line.

The most infamous pro football finale for oddsmakers was Super Bowl XIII and a lesson learned for all individuals standing behind the betting counter, which falls into the 'middle' category.

Super Bowl Betting Odds Calculator

The 13th Super Bowl installment saw the Steelers open as 4 ½-point favorites over the Cowboys and the number dropped to 3 ½-points with early action on the Cowboys.

Even though Dallas lost the game 35-31 to Pittsburgh, early bettors cashed with the 4 ½-points and Steelers backers won on the closing line.

To this day, SBXIII is considered “Black Sunday” for the sportsbooks.

Books believe number will hold at Chiefs -3 or higher

“I don’t think we’ll see 2.5,” said Andrews,” But we did raise our buys on and off of 3 to -135 from -130.

So for a cost of 25 extra cents you can lay the extra juice for the priciest half-point buy at the South Point.

They have the only 3-flat in the world and they’ll let you buy down, something to think about for Chiefs bettors who lost the Week 12 game at Tampa Bay laying -3.5 in a 27-24 win.

Every other Nevada book is offering either -3 -120 or -3.5 EVEN with BetMGM offering -3.5 -105.

“We’ve had 95% of the big bets come on KC, and overall is leaning to them as well,” said BetMGM VP of trading Jason Scott. “We started at -3.5 (-110), went -3 (-115), but are back to -3.5 (-105).”

Bucs hurt Books Super Bowl Futures Hold

Most books are set to lose on futures if the Bucs win the Super Bowl with odds going from 40/1 down to 14/1 after quarterback Tom Brady signed with Tampa Bay on March 19, but Atlantis-Reno isn’t one of them.

“We do great with futures on the Chiefs to win, but are just a small winner (four-figures) if the Bucs win,” Nelson said. “It’s because of the small win that I have a low price of the money-line with the Chiefs -155.”

Nelson will be adding Super Bowl props throughout the week and have a full sheet package offered on Sunday, a strategy that Circa Sports is following as well.

Circa offering up Unique Square Wagers

Circa Sports unveiled squares for the Super Bowl last season as the local bars do and they brought them back this year as well. It’s fixed odds, bet as many as you like, and the minimum bet is $1.

If the Chiefs have a 9 at the end of their first-quarter score and the Bucs have a 2, Circa will pay you 5,000-to-1 odds.

The favored price is a 0-0 result (10-0,10-10, etc) paying out at 9-to-2 odds.

A 7-0 Chiefs score pays +475, and 7-7 pays +635.

SuperBook Props coming Thursday Night

The world famous SuperBook props are expected to be released Thursday night.

“That’s the plan,” said SuperBook VP Jay Kornegay.

“In-person betting on Thursday night and a Friday release of the sheets and also available on the app. Most likely later on Friday, no time on it yet.”

One of the angles the Nevada books will have to adapt to in pandemic rules, and Nevada Gaming Control will have officers checking all locations throughout the Super Bowl weekend to ensure all are abiding by the 25% occupancy capacity rules for casinos. This has made party planning a tough task.

“We used to get 1,600 people into our VIP Super Bowl party at the Mirage ballroom but now we have four ballrooms with only 50 people allowed in each,” said Nevada’s BetMGM sportsbook director Jeff Stoneback.

There’s every reason to suggest the pandemic will thwart a chance to beat the state record for Super Bowl handle ($158 million), but I’m optimistic it will be broken.

Back for more updates as they happen.

Update - Sunday, Jan. 24, 2021 - 11:30 p.m. ET

by Micah Roberts

Vegas ready for Super Bowl 55

It’s a dreamy Super Bowl 55 matchup featuring Tom Brady against Patrick Mahomes, a matchup that offers a little bit of intrigue for everyone to share opinions which makes for a tremendous betting event.

Moms, Grandma’s, the Priest, and the mailman will all have thoughts on who will win.

We have two weeks to wait for the game, but the talking of who will win began Sunday immediately after Brady beat the Packers at Lambeau Field to make his 10th Super Bowl.

The Buccaneers were 3.5-point underdogs in that game and they’ll be +3.5 against the defending champion Chiefs as well.

The Westgate Las Vegas SuperBook opened the Chiefs -3.5 with a total of 57.5 with 45 minutes left in the Chiefs eventual 38-24 win over the Bills.

Circa Sports opened the Chiefs -3 -120 as did William Hill books and both were quickly moved to -3.5. The South Point and MGM both opened -3.5.

“Mahomes against Brady is going to be huge,” Nevada BetMGM’s sportsbook director Jeff Stoneback said.

“Handle has been up all season despite less occupancy so I don’t see why the trend wouldn’t continue for the biggest game of the season. It’s been weird because six-figure wagers are a common thing now. I used to remember them all because that size of a bet was unique, but now that it’s a regular thing, I lose count of how many we took some weeks.”

Super Bowl Betting Odds

Mobile wagering with lots of automated options has helped most books achieve bigger numbers this NFL season.

It’s easier than ever for people to bet and bet again in 2021 staying home during a pandemic, so why not set a record to commemorate it.

The Nevada record for Super Bowl sportsbook handle was $158 million in 2018 when the Eagles beat the Patriots and the highest win was $19.67 million in 2014 when the Seahawks thrashed the Broncos, 43-8.

I can tell you this, the soft spot for your Grandma will be 43-year-old Tom Brady, who just played in his 14th conference championship game.

He comes off seven straight wins while scoring 30-points or more in their last six.

He won all three playoff games on the road. They’ve got some serious momentum heading into Tampa.

Yes, the game is on their home field, the first team ever to play a Super Bowl on their home field.

Chiefs get early action

Early money showed up on the Chiefs at -3 -120, but that was more about the number. Or was it?

Super Bowl Betting Odds

BetMGM’s Jason Scott said they took $50K on the Chiefs -3.5 and $150K on the Chiefs money-line at -180 shortly after the line was posted.

Or maybe it’s just the “what we saw last” type of betting.

The Chiefs are back covering after going 1-8 ATS in their previous nine games, one of which was a Week 12 game at Tampa Bay they won 27-24 but didn’t cover -3.5. The Bucs have not lost since that meeting.

Super Bowl 55 Adjustments Coming?

Where will the line go, up or down?

William Hill’s Nick Bogdanovich, who is booking his 27th or 29th Super Bowl, says it will stay 3 or 3.5 the entire next two weeks.

Station Casinos sportsbook director is hoping for something different.

“I was praying for two-way action at 3.5 but I expect to see Bucs money take it down,” Jason McCormick said.

And then how long do you stay at 3, the most key number in the NFL, before jumping down to 2.5? The books don’t want to push on 3, but they also don’t want to get middle by going to 2.5.

A 'Black Sunday' happened after the 1978 season with the Steelers and Cowboys in Super Bowl 13. Only a handful of books around in Nevada back then with low limits compared to now. A Black Sunday in 2021 would be devastating.

We’ll see how it all unfolds the next two weeks and I’ll report what I see and thoughts on where the number may be going.

My advice shortly after the number was posted Sunday is to take the Bucs +3.5 and money-line sooner than later if you like them and if you like the Chiefs wait for -2.5.

Super Bowl Betting Odds Bovada

One thing I’ve noticed in recent Super Bowls is that public opinion completely flips sides from what was bet the first two or three days.

Sharp money doesn’t matter as much as the regular season and gets lost in all the public money piling up.