tinclinlicom1983.netlify.com

Hundreds of millions of people in the United States and around the world tune in annually for the Super Bowl. The Super Bowl is much more than a football game, it's become a mega event surrounded by entertainment. The extent of the game stretches so far that even a 30-second commercial spot during the broadcast costs companies several million dollars. Outside of those dollars spent, betting on the Super Bowl produces the largest influx of money into sportsbooks seen all year long. Las Vegas comes out with annual numbers following the big game as to how much was wagered, which side received the most action + more.

From a numbers standpoint, there are more betting lines formed for Super Bowl matchups than any other single game in any sport. The goal of this page is to educate readers on all the different types of Super Bowl betting lines and ways to bet on the Super Bowl because there is plenty of action outside of the game lines which many fans + casual sports gamblers do not know about. Everything from props that concern the pregame + halftime show, in-game coverage and other events have also become extremely popular and ExplainBettingOdds.com readers can get up to speed on it here.

Bovada Sportsbook - Super Bowl Bets Is Here For Bovada Players

Ufc Odds Explanation

Betting Odds Explained. Having never been explained betting odds can be intimidating. They come in different formats, and sometimes seem to work counter-intuitively. You can trust our team of experts. We have put together all the key information about how odds. Fractional Odds Explained. Let’s finally move onto fractional odds, which are commonly used in the UK and when betting on horse racing. These are the funny-looking odds – like 9/5 or 1/2 – that you see when you flip on the Kentucky Derby. These are the funny-looking odds—like 9/5 or 1/2—that you see when you flip on the Kentucky Derby. With American odds, the number represented is how much you have to bet to win $100. If the number is preceded with a '+' sign, then you would risk less than $100 to win a wager worth $100. And, the opposite is true when the number is preceded with a '-' where the bettor would have to risk more than $100 just to win $100 of the wager.

This is one of the most important games in the NFL. The Super Bowl is huge and the whole stops when this game is going on. The fact that everyone watches this game lets you know that bets on this game will be flying in. With so much going on that day, Bovada is already known to have the Super Bowl bets up for all the bettors with an account.

Not just game bets but also bets on commercials and other things. This is why Bovada is known to be one of the best and players make sure to pick the best banking method available on Bovada to make sure their money is put on their account with no problem at all. There is live betting and also a mobile betting feature here for players on Bovada so Super Bowl Sunday will be very interesting when having an account with Bovada.

SportsBetting Sportsbook - Tons Of Parlay Bet For All Sports

The reason that many players love to place bets on SportsBetting is because the odds are set up perfect players to win big. There are always great games going on no matter the sport so that means that there are plenty of bets that will show up and many of the time players will decide which prop bets are best for them. Most of the time players will see more than one bet that they really like and this is where parlay bets will come.

The thing is SportsBetting already has all the great bets so now when you put all these prop bets in the basket and make it one big bet, this is where cash will flow! SportsBetting is known for great prop bets so when you can tie them all together, this only means more players will come in and place parlay bets and win huge!

BetOnline Sportsbook - BetOnline Has Super Bowl Bets

The Chiefs would a Super Bowl and have the chance to make another move on another Super Bowl. BetOnline will be ready for Super Bowl Sunday and always have been ready. The fact that you can log in and see all kinds of bonuses set for Super Bowl Sunday is just one of the few reasons why BetOnline is one of the top sportsbooks across the world. Most of the time, players will already bet on football games so the fact that the Super Bowl is the biggest game of them all means more players will bet on this game and BetOnline knows it.

With betting features like mobile betting and live betting on BetOnline, this only means there are way more prop bets up for bettors to pick from. More prop bets only mean more money that can be made. The banking methods here on BetOnline will be very easy to use as well so this makes BetOnline very simple to use. Sign up once you’re 18 and make sure you are ready for Super Bowl Sunday!

SportsBetting Sportsbook - Super Bowl One Of The Biggest Betting Options

So there are all players here on SportsBetting that know there are many betting chances for them all the time. The reason that most players bring their friends to SportsBetting because they know what kind of money can be won on this site. Super Bowl Sunday is one of the biggest times in the NFL and SportsBetting knows that. There is plenty of betting options here on this site for all the players soon as the Super Bowl is being talked about.

The prop bets are all over the place and it is not just for the game. There are bets on commercials and other things that happen during the Super Bowl. Fans that have a SportsBetting account know that this game is always big and having the mobile betting feature along with live betting feature is where the money is always flipped as well. SportsBetting has it all with all sports so when it comes to the Super Bowl, there are more options than any other game

MyBookie Sportsbook - MyBookie Has Super Bowl Bets

The Super Bowl as we know is one of the biggest sporting events that go on during the sports seasons. There are the NBA finals and fans love that but the Super Bowl is only one game and this is the one that all players wait for all season long. Most of the time there are parlay bets that can be set on MyBookie as there are plenty of prop bets that players would like to take.

The fact is there are also features like live betting and mobile betting that favors MyBookie and bettors will refer this site to their friends to sign up for. As if there are enough things that MyBookie offers, there are also refer bonuses and other bonuses offered to players as well once they sign in. It is great to know that once your sign up for your account that there will be a lot of different things offered to players that help them make a lot of money. Making wagers is about making money and MyBookie makes sure that they have those opportunities there for its players.

What Would You Like To Learn About First?

Game Lines - Future Odds - Prop Betting - Wager Types - Where To Bet

Point Spread + Other Game Lines

The point spread for the Super Bowl is released within hours after the conference championship games. With a bye week in between the conference titles and the Super Bowl, online sportsbooks will have odds up for roughly 14 days. Game lines for the Super Bowl will remain up until kickoff. The point spread released at the onset is the 'opening line'. This may change over the course of the two weeks or it may stay the same. The line shift depends on how bets are placed. If one side of the line is receiving more action than the other, the point spread will be adjusted. This is to balance out the wagers from the perspective of the sportsbook. A line could move as little as a half-point or it could be several points.

When betting on the moneyline, the user will see the payout to win the game straight up for both teams playin in the Super Bowl. In essence, it's a bet picking the winner of the game. With no spread, the payouts could vary significantly. The favorite in the game would pay out less than the underdog without a point spread. The goal of the spread is to even out the perceived handicap by oddsmakers.

The third aspect to Super Bowl game lines is the game total or the over/under as it is known in some cases. This is a wager made on the total points scored between the two teams in the contest. Like the point spread, this number can be adjusted based on the money wagered. Game totals take into consideration a wide number of factors. This betting line is released along with the point spread. The money line is generally formed days later.

More:What Is The Point Spread? Moneyline? Over/Under?

Super Bowl Future Betting Odds

The first lines for the Super Bowl are released roughly a year in advance. Futures lines come out following the completion of the Super Bowl from the year before. Oddsmakers do not waste time in formulating new odds for the next season. This is an early opportunity for those interested to cash in well in advance. Super Bowl futures have some of the highest margins of profit of any betting line relating to the game. They also give plenty of time to lay money down. Throughout the offseason many online sportsbooks will have these lines up and available. With no weekly games, the payouts do not change unless noteworthy transactions affect the teams.

Once the regular season gets going, weekly updates to the current odds to win the Super Bowl are adjusted. Teams are formed with the odds to win up until they are eliminated from contention. This comes sooner for some teams than for others based on performances. Even as the playoffs get underway, futures are still available. This will be true up until the conclusion of the AFC + NFC Championship games and the Super Bowl matchup is known.

More:What Are Future Betting Odds? Current Super Bowl Future Betting Lines

Understanding Super Bowl Props

Prop odds are what separate the Super Bowl from other games. Because so much money is wagered on the Super Bowl, sports betting sites take prop betting to the next level. Not only are the teams + players covered more in-depth, so are the surrounding factors outside of the matchup. Get the details just below.

Super Bowl Team Prop Odds - Teams props are some of the most-popular wagers made on the Super Bowl. But it's hard to qualify team props into a handful of categories. This is because sportsbooks can come up with all kinds of scenarios that users can wager. The majority of these wagers revolve around the performance of both teams playing in the Super Bowl. Scoring benchmarks such as the first to score 10 points, or the first team to score a touchdown in the game are good examples. Payouts for team props stay around even money based on two outcomes. However, there can be team prop lines with more than two outcomes. In this case, payouts can be all over the map.

Super Bowl Player Prop Odds - A regular season NFL game might have 30-40 player props lines for a matchup. A Super Bowl will have 10 times that. No player performance (especially at a skill position) is left out in the cold here. Quarterbacks, running backs, wide receivers, defensive backs, linebackers, and even the kickers are installed with odds based on how they might finish statistically. Each betting line is specific to the position, with online sportsbooks dedicating plenty to both teams. Player proposition wagers for the Super Bowl are formed + released over the two-week period. They are not all available at once, coming out gradually.

Wacky (Special) Super Bowl Props - This is where betting on the Super Bowl gets interesting. It's also what separates it from other games. One thing that wacky prop odds do is bring those who might otherwise have stayed away from wagering into the mix. Entertainment betting lines such as the wardrobe of the halftime performer, and how long it takes the opening singer to get through the National Anthem are frequently formed. Another staple is the color of the Gatorade bath at the end of the game dumped over the winning coach. Each year sportsbooks come out with something new, always involving a unique aspect to the teams involved.

More:What Are Player Props? Team Props? Prop Bets For The Super Bowl

Super Bowl Wager Types

Sportsbooks will offer several wager types. Straight bets are the most-common wagers made, but for the Super Bowl there can be much more. Betting sites will detail the available options, but terms like parlays, teasers, and pleasers should be familiar to you. The opportunity to link together bets for a higher profit is the idea behind a parlay. The chance to shift the point spread comes with a teaser + pleaser. There are many fun things that can be done to bet on the Super Bowl from the standpoint of wagers. When visiting online sportsbook, check out the rules pertaining to the wagers that can be placed on a football game. If unclear, consult customer service for answers as they will be able to help.

More Wager Types:Parlays Pleasers Teasers If Wagers Buying Points

Other Ways To Bet On The Super Bowl - Live Betting On The Super Bowl

Expect live wagering to be available at many online sports betting sites each year. Wagering live on many sports has expanded, with the Super Bowl being a huge part of that. Online sportsbooks will have a live betting section specifically designed to handle the Super Bowl odds that are formed. Bettors must be decisive when live betting, as the odds change with every down played. However, if timed right, you the odds presented will be much better than anything offered before the game started.

Learn More About:Live + In-Game Wagering On The Super Bowl

For the novice sports bettor, understanding how sports betting odds work can be one of the most confusing sets of numbers you've ever dealt with. For those who have just started betting on sports, to know how the odds work is of key importance for a profitable and enjoyable betting experience. We are here to give you an overview of the basic styles of betting odds, how you can read the different formats, and how to use them to your favor.

While you may still be confused at the end, the only way you are going to learn how to play with odds is by adapting the appropriate information and utilizing it firsthand. To this degree, we have found various sports betting sites where you can utilize these options to the fullest extent. And, if you ever have any questions, please drop us a line at webmaster@explainbettingodds.com where we can answer all of your questions through email.

Different Types Of Betting Odds Explained

Quick Explanation Of How To Read Sports Betting Odds

• Point Spread - If A Football Team Is -7, Then That Team Must Win By 8 Points To Win The Bet.
• Over / Under ' AKA The Total' - If An Over / Under Is 42 In A Football Game, The Combined Total Amount Of Points Both Teams Must Score Needs To Be Over 43 Points To Win The Wager.
• Moneyline Betting Odds - If The Money Line Has “Team A” at -150 Betting Odds Against The Colts, I Must Bet $150 To Win $100 And If Team A Wins, Then I Would Win My Bet.There are three forms of regular betting odds that you will see at every sportsbook that you visit, whether online or in person. These are the ones that you see right off the bat and the ones that really matter when you are betting on sports. If nothing else, you have probably heard them talked about by either your friends or TV broadcast on ESPN or other channels.

How To Read And Understand MoneyLine Betting Odds

First there are the moneyline betting odds , which is the bet on who will win the event outright with no point spreads or other variables. You simply pick the team you think will win and place the bet. However, without using the odds, the payouts are usually much different then they would be with the odds in place.

When betting on the moneyline, the favorite will always have a negative symbol in front of the number and the underdog will always have a plus sign in front of it (an example is -150 favorite or +150 for the underdog).

How To Read The Point Spreads

Next, we come to what may be the most common type of sports betting odds, which is the point spread. They put point spreads up for all of the main sports such as football, basketball, hockey, baseball, and others. This is called 'The Spread' and it basically tells you which team is favored and by how much. When betting the spread, you are betting that a team will win by a certain number of points, runs, or whatever. Here is an example to help you understand point spreads in football.

If you are Betting The Point Spread On 'Team A' in Football - Favored by -6 - This means 'Team A' must beat the other team by 7 points or more to win the bet.

If You Are Betting The Point Spread On 'Team B' in Football Game - Underdog that is getting +6 points - This means as long as 'Team B' does not lose by 7 or more points, then you will win the bet. If Team A wins, but only by 3 points, then you will still win and get paid.

How To Read The Over / Under Betting Odds

There is also the total score or the over/under, and this line lets you bet on whether or not the total score between all competitors will go above or below a predetermined amount. You simply look at what the Over / Under is and then bet on which you think it will be. There are over and under betting odds for pretty much every sport including baseball, football, hockey, UFC, Basketball, Horse racing, and much more.

The over/under betting odds, or the totals, work differently for each sport. If the number is 42 in a football game and you bet the over, you would need 43 points total between the two teams. In baseball betting, it is the number of runs scored that sets the total. The UFC over/under betting odds are which round the fight will end. Hockey totals are how many goals will be scored between both teams.

With the spread and the total, you will occasionally see that the odds are distributed with 'half points,' which are in place to prevent a 'push,' or no one winning or losing the bets. As long as there is a winner or loser, the sportsbooks will make their money on the juice and be happy.

What To Know About Vegas Betting Odds

The truth of the matter is that Vegas pretty much sets all of the sports betting odds for the entire world. All of the world’s leading experts work for the big casino companies in Las Vegas, and all of them work together to set the odds for different sports. Anytime you hear someone asking or talking about Vegas odds, they are simply talking about the odds and nothing specifically related to Vegas. All of the online sportsbooks use services that simply use the Vegas odds as a starting point for events. Then their own systems will adjust the spread depending on how people are betting at their sportsbook. Ultimately a sportsbook wants 50% of the bets on each side of a game so that they can simply make money on the juice.

Exotic Betting Odds Explained

Exotic bets are there to make for a more entertaining betting experience, but they work somewhat differently compared to the straight bets. But, the original point spread is still used in all these bets no matter how you look at it.

Parlays are essentially a combination of two or more bets into one, such as three teams winning their respective matches. These parlays are usually a long shot since so many teams have to win, but in the end, they are also some of the highest paying games. You can pick teams to cover the point spread, over or unders, or moneylines in a parlay and sometimes you can mix in different sports.

Pleasers are some of the highest paying bets, as they take the spread and then subtract points, making it harder to succeed. Then you also have to combine them into another bet of the same type in order to win. The payouts are huge, but it is not likely that these will come in unless you have the utmost luck or some sort of inside knowledge.

Teaser bets bets are the exact opposite, in that you can adjust the spread to be more favorable, thus lowering your payout but increasing your chances of winning. Either way, these are some of the more exciting ways for you to wager.

There are also 'If-Bets', which allow you to combine two bets. The first bet has to win for the second bet to have action. If the first bet fails, the second bet doesn't come through. If you win the first bet, you can then use the winnings on the second bet, essentially building your bankroll.

Different Formats Of Betting Odds

How To Read American Betting Odds

American odds have become incredibly commonplace, despite the fact that they are not as easy to read as other formats. As an example, American Odds read like this:

Odds To Win Super Bowl:

• Team A: -150
• Team B: +200
• Team C: +600
• Team D: +1000

With American odds, the number represented is how much you have to bet to win $100. If the number is preceded with a '+' sign, then you would risk less than $100 to win a wager worth $100. And, the opposite is true when the number is preceded with a '-' where the bettor would have to risk more than $100 just to win $100 of the wager.

In the example above, you can see that Team A has the lowest number of the group and are considered to be the favorite to win this bet. If you wagered on Team A to win the Super Bowl and they end up winning, you are going to need to risk more than $100 to win $100 as indicated by the '-' symbol preceding the payouts. In this particular example, a bettor would need to wager $150 to win $100.

On the opposite side of that, the other 3 teams in contention all pay better than 1 to 1 odds (risk less than $100 to win $100). Team B is at +200: risk $50 to win $100. Team C is at +600: risk $16.67 to win $100. Team D is at +1000: risk $10 to win $100.

These can be a little bit confusing but if you just pay attention to the + or - symbol then you should not have any issues. And, with a little bit of manipulation, you can see how these odds will pay if the wager ends up being a winner and that is what we're all here for... to win.

How To Read Fractional Odds

Fractional betting odds are the easiest to understand. Just about every single sportsbook that caters to Americans has the option available for fractional odds. And, while they may seem daunting at first, you don't really need to understand complex fractions in order to utilize these odds. Let's look at an example:

Odds To Win Fight:

• Fighter A: 4/7
• Fighter B: 3/2

In order to best understand these lines, you first need to look at the ratio to 1. In the example above, 4/7 odds is less than 1 and the opposite can be said for the other side as 3/2 is more than 1. Once you have determined this, you can figure out the favorite.

To figure out which side is favored, you simply need to figure out which is the lower number. In this case, Fighter A is at 4/7 odds which is less than 1 and Fighter B is at 3/2 odds which is more than 1. Fighter A's wager is the clear favorite as it is the lower number.

So, how do you figure out what these pay? Again, we refer back to 4/7 being less than 1, and 3/2 being more than 1.

Anytime fractional odds are displayed at a value of less than 1, the bettor must risk more than they intend to win if the wager is a winner. And, the opposite can be said for if a fractional value is more than 1... that bet will pay more than what is risked.

As we said before, 4/7 odds are less than 1 so in this case, the bettor must risk $7 to win $4 from the wager. Then, 3/2 are more than 1 so when risking $2, the bettor will win $3 off the wager. As you can see, the payouts are in the fractional odds, you just need to know which way they go based on if they represent a value greater than or less than one.

Understanding Betting Odds That Use Decimals

Decimal odds are slightly more confusing than most other types of odds. In fact, we prefer not to use them when we bet but that is just our preference. Regardless, we are going to give you a little insight into these lines, as we want to give you insight about all of the common types of odds available.

If you look into these odds, you will definitely come out a little bit confused unless you are from Europe where these odds are commonly used than American or Fractional odds. The multiplication game is not as straight forward with decimal odds. Let's take a look at another example:

Odds To Be Next President:

• Candidate A: 1.50
• Candidate B: 2.45

When looking at decimal based odds, the same thing applies to them as all the other forms of odds when trying to determine the favorite... whichever is the lowest number is favored. In the example above, the favored candidate is Candidate A at 1.50 however Candidate B is only a little bit behind at 2.45

Figuring out the payouts is where decimal odds can get tricky, but you'll soon learn a little trick that will make these very easy to understand.

The best way to start off look at these odds is to consider them to be monetary amounts based on what you will win if you wager $1 or one euro, one pound, etc... which includes the original wager. Be sure to keep that in mind when looking at the other odds types.

If Candidate A wins the election, every $1 wagered will win $.50 plus the original $1 wagered which equals $1.50 or 1.50 odds.

Candidate B: every $1 wagered earns $1.45 which equals $2.45 or 2.45 odds.

Now That You Know How To Read Sports Betting Odds

Now that you understand how to read odds, you will then want to see how they are adapted to the different betting lines. With the straight wagers and exotic wagers alike, you will find that these odds are worked into the lines. After you figure out how to read the odds, you will then have to figure out the different types of bets that you can find through most sports betting sites. The different types of bets use odds somewhat differently, but in the end, it is all fairly similar.

We have created special pages that explain how to read the betting odds on a variety of sports. The reason for this is that some sports have betting odds available that others do not. Some sports betting odds can be broken down into a half or quarters while others are just for the entire duration of a match or game. For instance, you cannot really compare the NASCAR or PGA odds with NFL, and vice versa. Each page is crafted specifically for an individual sport making it easier for bettors to learn the ins and outs of betting on whichever sport they choose.

Online Sportsbooks With The Best Sports Betting Odds Available

Now we come to the online sportsbooks + sports betting sites that actually offer the odds we are explaining. There are plenty of betting sites out there, but we have decided to list only those we felt were of the highest level of quality. When personally and individually tested these sportsbooks in order to figure out exactly what they have to offer. In the end, we decided to play with those offering the highest paying odds, the most diverse set of betting types, and a fairly wide range of different sports. Throw in the big bonuses and easy financial transfers and what you get is one of the best sets of betting sites on the Internet.

Bovada Sportsbook - More Betting Odds Than Other Sports Betting Sites

Its already know that Bovada is one of the better online sportsbooks for players to sign up for. The fact that there are so many betting options on this sportsbook makes it known to be a better site as well. Most of the time players look for sites that have the total package which is what Bovada has. Players will flock towards Bovada and one main reason for that is because of the betting odds that are offered to players.

Nfl Odds Explanation

The odds offered on Bovada are her for a player to place big-time bets and make a lot of cash. This makes it very easy for players to pick which bets they want to place. Because of these great betting odds offered, it is known that players are cashing big on parlay bets. More players have a lot got involved in live betting as well because these odds that are here on Bovada are better than other sites they have visited. Because of these betting odds offered, the attention Bovada will get will only increase!

BetOnline Sportsbook - New Bettors Get Bonuses On Every Deposit You Make For Life

There is no doubt that BetOnline has a lot of players that have accounts with them. There are many reasons for that and this list of players will continue to grow and will for the right reason. Even though the age requirement of 18 and older to sign up is one thing that players notice when it comes to BetOnline, the betting odds are something that also grabs a lot of attention as well. These betting odds that are here on the prop bets and are much better than most other online sportsbooks.

Knowing how betting odds work is important and that also will make it easier to understand why BetOnline has the best betting odds for all players. These close odds are what players like and most of the time this will decide what bets they place. With a team being slight underdogs with those odds definitely makes players think if they want to place a bet on those teams and these upsets can end up earning players a lot of extra money! BetOnline odds are very good and makes players consider both sides.

MyBookie Sportsbook - Betting Odds The Best Here On MyBookie

Mybookie is clearly known to be one of the better sites for many players. The number one thing that players check out when they sign up for online sportsbooks is what kind of bets that it offers and there is no doubt that MyBookie has any bet that players can think of. With so many different betting options comes the betting odds as well. The odds here for are taylor made for players. This means that these odds are very good for players because they are close and have players considering to take the upset over the favorite sometimes.

Taking the upset sometimes over the favorite can be the way that players can capitalize big. Something as simple as picking the Miami Heat over the Los Angeles Lakers in the NBA could be considered because of the close the betting odds could be on MyBookie. The great thing about sports is nothing is guaranteed and upsets are often happening so taking an upset sometimes could be very beneficial on MyBookie. This also goes picking the favorite as well. Slight favored could mean to put a lot more money down and lead players to win more. MyBookie is known for great betting odds.