How to bet on the Super Bowl at a legal online sportsbook in 2023

Super Bowl LVII (AKA Super Bowl 58) will take place on Sunday, February 11, 2024 in Allegiant Stadium in Paradise, Nevada, home of the Las Vegas Raiders.

Before you start laying down your money on the favorites or underdogs, it helps to know how to bet on the Super Bowl. No matter if you want to make intricate parlays on the happenings of the game or just a casual wager on the halftime show, you need to know how to do so.

There are a variety of ways to bet on the big game. This is your guide for how to bet on the Super Bowl, the various bet types, and the best sportsbooks around. Let’s take a deeper look at how to bet on the Super Bowl this February at Bet365, BetMGM, PointsBet, Caesars, FanDuel and DraftKings Sportsbook.

The great news is that it is quite simple to get started with any reputable sportsbook online. With so many options to choose from, it helps to find one that fits your needs best. Often this includes looking for the one that has the promotional or bonus offer that is most profitable to you. These bonus offers include deposit match bonuses, bonus bets, and insured first bets.

Returning players need only to log into their sportsbook account and find the Super Bowl betting markets. There will be no shortage of options available to bet on, many of which we will cover below. No matter the odds or style of bet, you can give yourself a chance to win big on the biggest game of the year.

The good news is that it is legal to bet on the Super Bowl. Sportsbooks are becoming legal in more and more states, though we are still a ways from sports betting legalizing in every state. For those states that have legalized online sports betting, it is 100% legal to start wagering on the Super Bowl and other events.

There are plenty of reputable sportsbooks offering betting options on the Super Bowl every year. Here is a list of all the best sportsbooks where you can place your bets and win big as the final two teams make their claim for the NFL crown.

BetMGM Sportsbook: BetMGM is one of the most reputable sportsbooks on the market today. They are also giving new players the chance to make that first bet a winner thanks to a first bet bonus worth up to $1,000. What does that mean? Bettors can make their first wager of up to $1,000 and receive bonus bets back if the wager loses.

PointsBet Sportsbook: PointsBet is all about the second chances. Players who sign up with PointsBet can take a losing first bet and get the second chance they have been looking for. On any qualifying fixed odds bet, players can receive betting credits up to $100 for the first ten days in which they have an account. Therefore, you can earn up to $1000 in Second Chance bets over five days.

Caesars Sportsbook: Caesars has been in the sports betting business for a long time, becoming one of the prominent names in the field. They also have one of the best sign-up offers available, giving new players a bonus of up to $1,250. No matter how your first bet plays out, you will have more chances to win with Caesars as they’ll reimburse your lost wager with bonus bets up to $1,250.

FanDuel Sportsbook: FanDuel is offering a great welcome bonus for new users with their bonus offer. After you sign up for a new account, you can risk up to $3,000 as part of FanDuel’s No Sweat First Bet promotion. This is the most you’ll be able to risk on the Super Bowl without sweating the outcome of your bet, so make sure you have an account with FanDuel before Super Bowl 57.

DraftKings Sportsbook: DraftKings isn’t just about daily fantasy sports anymore. Using their offer, new players can wager $5 and get $200 in bonus bets instantly. No matter who you bet on, you can make the Super Bowl even more interesting by claiming this promotion. No promo code is needed, and you’ll receive $200 worth of bet credits as soon as you sign up and risk $5 on any sporting event.

Betting on the Super Bowl can be as simple or complicated as you want to make it. That is in part because there are so many different ways to bet. For example, players can not only choose the winning team but how much they will win by, how many points will be scored, and even what color of Gatorade will be dumped on the winning coach.

Keep reading to find out the variety of bets available and how you can use them to make yourself a winner on Super Bowl Sunday.

Must be 21+. First online real money wager only. $10 first deposit required. Bonus issued as non-withdrawable bonus bets that expire 14 days after receipt. See full terms at fanduel.com/sportsbook. Gambling problem? Call 1-800-GAMBLER.

The points spread is one of the most common ways to bet. Instead of choosing an outright winner, bettors pick between the two teams with a handicap applied. So, if the line for the Super Bowl were to be Eagles -2.5, bettors choosing the Eagles would need them to win by three or more to win the bet. Likewise, taking the Chiefs +2.5 would be a win if they won outright or lost by two points or less.

The simplest way to bet. Taking the money line option means choosing who will win or lose. There are no point spreads or any other stipulations to adhere to. It is the simplest way to bet but can be one of the most difficult wagers to win.

Another common bet is the over/under. Each game has a total number of points set beforehand as a line by the sportsbook and your job is to choose whether the combined scoring of both teams will come in over or under that total. For the Chiefs/Eagles, if the total is 48.5, you need to choose whether the two teams will combine for more scoring than that number, or whether they will fall short.

Same Game Parlays are a relatively new bet type, but a lot of fun. Parlays typically involve several games but not anymore. You can choose from things like points total, money line, spread, and player props to form a parlay with betting selections from just one game. When the Super Bowl comes around, Same Game Parlays can make the action even better.

Teasers are a lot like parlays. By adding a teaser, which moves the spread in your direction, it will increase the odds that your bet hits compared to a parlay. Of course, you won’t win quite as big as you would have with a straight-up parlay but that’s okay. Even better, the teaser applies to every game on your parlay.

Let’s take a look back at some previous examples. In a game between the New York Giants and New England Patriots, the latter was favored by 2.5 points. Let’s say the Patriots lose by a field goal. With a teaser, you could have swung the line six points, taking the Patriots +4.5 instead. That would have made your Patriots bet a winner instead of the loser that it turned out to be.

Player prop bets are some of the most fun options available. Maybe you aren’t sure who will win the big game, but you feel pretty confident that Miles Sanders will rush for a touchdown. Perhaps Patrick Mahomes will throw for 300 yards. Player props can give you a win even if the team in question loses. These are bets on the individual performance of specific players.

These are similar to the player prop bets and perhaps a little simpler. Team prop bets include total points scored (often in ranges of 5-10 points), scoring per quarter, total team touchdowns, and more. If you have confidence in one team, load up on team prop bets to amplify your winnings.

Why stop the fun at your favorite sportsbook? You can make your Super Bowl party more fun with a Super Bowl party bet that takes a variety of props, awards points to them, and awards the winner after the confetti has begun to fall. It is a great way to make any Super Bowl party all the more fun.

Decide on which props you want available, giving two choices for each question. Points will be awarded for each, giving each player a total score at the end. The highest score becomes the winner and the champion of the Super Bowl party prop bets.

Remember, if you want to bet on any of the markets we covered in this article, make sure you sign up for a new account at one of the sportsbooks below. We’ve summarized their welcome offers for you too, which should give you an added boost for Super Bowl 57.

Note: Online/mobile sports betting is now legal in the state of Michigan, but wagers for the Super Bowl related to the National Anthem length, Gatorade color poured on the winning coach and halftime show are prohibited in Michigan.

If you or a loved one has questions or needs to talk to a professional about gambling, call 1-800-GAMBLER or visit 1800gambler.net for more information.

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