How to Bet on the 2023 Super Bowl

How to Bet on the 2023 Super Bowl

As legal sports betting continues to explode across the US, the annual Super Bowl betting frenzy gets bigger every year. While you?ll have a variety of betting options throughout the NFL season, things reach another level for the Super Bowl.

On top of the usual pregame bets (moneylines, spreads, totals) and live odds, you?ll have hundreds of Super Bowl prop bets to choose from at multiple online sportsbooks. Our complete Super Bowl betting guide covers everything you can bet on, how to bet on the 2023 Super Bowl legally online, the best Super Bowl odds boosts and promos, and more.

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Best apps for betting the Super Bowl online

As legal sports betting continues to expand, so do the online options for bettors. There are plenty of different sites you can register for in your state to bet on the Super Bowl, all of which will feature:

  • The main pregame bets (Point spread, moneylines, totals)
  • Hundreds of Super Bowl-specific prop bets
  • Live in0game betting once the Big Game kicks off

Here?s a look at the top sportsbooks you?ll likely want to check out.

1. DraftKings Sportsbook: Best for Super Bowl live betting

It?s not hard to see why the DraftKings Sportsbook app has become a go-to option for many sports bettors. The platform is super slick, with plenty of bells and whistles. Super Bowl bettors will find plenty of ways to get in on the action.

One of the best features you?ll find at DraftKings is what you see once you click through the main game listing. While some sportsbooks leave a lot to be desired with how they list prop bets, that?s not the case here.

Everything is neat and organized with clear labels, so you can find what you?re looking for real quick without having to hunt and peck a lot. Add in a great startup for live betting, and DraftKing is an awesome spot for betting on the Big Game.

  • Pro: Great for live betting and clean layout of available props
  • Con: Terms on certain promos could be a little more clear cut

2. FanDuel Sportsbook: Best for same-game parlays, player props

The FanDuel Sportsbook app has quickly become a market leader in a number of legal states. The user-friendly platform has certainly helped. If you?re looking for a platform that?s a breeze to navigate for the Super Bowl, this is the one.

Recently, many sportsbooks have been rushing to catch up with the same game or single-game parlay craze. FanDuel started it. You?ll find a dedicated link on the main game listing that?s specifically for building out game parlays.

Also, FanDuel has come to be known as a go-to destination for player props. When it?s time for the Big Game, you?ll find plenty of options in this category to explore, and it?s all condensed in a neat little package to boot.

  • Pro: Same game parlays and an abundance of props and alternate lines
  • Con: Could use some more ongoing promos for users

3. BetMGM Sportsbook: Best for Super Bowl alternate lines

BetMGM Sportsbook continues to impress bettors in available states. There?s a lot of gaming experience here, so Super Bowl bettors will likely be covered as they get set to bet on this year?s Super Bowl.

This is another book that does a great job with listing out the available markets beyond the main pregame bets. BetMGM groups the different props and alternate lines together into categories.? It?s a real time-saver, and little things like this help to separate sportsbooks from the pack.

BetMGM also does an excellent job with its live betting section and hits the same notes with clean organization and a clear cut layout.

  • Pro: Awesome selection of props and a search feature
  • Con: Website navigation takes a little getting used to

4. Caesars Sportsbook: Best for big-name celebrity promos

Caesars has made lots of headway in sports betting. The tech behind the scenes is really sound, so you can look forward to a very smooth Super Bowl betting experience with lots of options at your fingertips.

The team behind the scenes at Caesars Sportsbook pays careful attention to the odds. While that doesn?t mean they?ll always be the best offers, it does mean that they?ll be fair and in line with what the market will suppor
t.

There?s a dedicated link for same-game parlays and a great scoreboard function over in the live betting section. Many folks will be betting on the Big Game at Caesars thanks to its big advertising push headlines by major celebrities, and it certainly looks like that will be a good call.

  • Pro: Intriguing array of promos and awesome betting platform
  • Con: Appearance is a little bit on the bland side

Super Bowl odds boosts and promos

When it?s Super Bowl time, legal sportsbooks aren?t shy with huge, eye-popping promo opportunities. Sure, they?ll bring in plenty of action on the Big Game regardless, but there?s always room for more.

Keep your eyes peeled and check out the promos section and banner displays on the sportsbooks and apps for current offerings. Here?s some of what you?ll see.

  • Odds boosts: You?ll see boosts on pregame bets and other available wagers.
  • Bet refunds: Get your stake back up to a certain amount on select bets.
  • Parlay insurance: Miss one leg and get a refund up to a limit.
  • Special wagers: Various prop and parlay opportunities.
  • Crossovers: Bets that tie together the Super Bowl and another sporting event.
  • Free to play Super Bowl contests: Special contests with real money prizes (see more below).

Before you finalize your Super Bowl betting strategy, take the time to see what?s available. After you?ve allotted portions of your bankroll for pregame, props, and live betting, keep some to the side to take advantage of Super Bowl odds boosts and promos.

Most popular bet types for the 2023 Super Bowl

As we mentioned above, one of the best things about Super Bowl betting is the variety of betting options available. From those new to betting to seasoned?handicappers, plenty of attractive betting opportunities are always available. Here?s a rundown of the most popular ways to bet on the Super Bowl:

  • Point spread bets: For these bets, you?re deciding which side you like to win the game while also factoring in the point spread, which has been put in place by oddsmakers.
  • Moneyline bets: For this wager, you need to decide which side will win the game without worrying about any extra points being factored into the equation.
  • Over/under bets: This bet revolves around the total points scored in the game. Oddsmakers will put a benchmark in place while bettors decide if the points scored will be?over or under?the designated number.
  • Prop bets: These are additional wagers available beyond the traditional game bets. Prop bets can revolve around a specific instance happening in a game, or a player reaching a specific benchmark, for example.
Photo by luiscolato.com

Of course, die-hard football fans and casual watchers can always take it a step further and create some fun Super Bowl party-style games and bets (with or without adult beverages.)

Bet on 2023 Super Bowl props, futures and MVP

From a betting angle, Super Bowl prop betting is one of the most popular aspects of the Super Bowl. If you look at an average NFL game, you?ll see dozens of different options for betting on various game, player, and team circumstances.

When it?s time for the Super Bowl, sportsbooks go all out to satisfy the demand. You will legitimately see hundreds of different options to choose from. Standard options such as over/under on player yardage will be available, but the menu goes much deeper.? For example, you can make your call on the result of the coin flip ? heads or tails ? or even on the color of gatorade used for celebrating on the winning sideline.

One of the most popular options that always attracts a ton of volume is who will win Super Bowl MVP.?The player with the greatest impact on the game receives the Super Bowl MVP award so unsurprisingly, quarterbacks have dominated the award in recent years and all-time.

  • Over the last 13 Super Bowls, a QB has won MVP nine times (including Tom Brady in 2021).
  • In the history of the Super Bowl, QBs have won MVP 31 times (out of 56).

The odds for Super Bowl MVP generally reflect this. But it?s important to remember that it?s far from a sure thing. In 2022, wide receiver Cooper Kupp won the award, while a defensive player has been the choice in two of the last 12 years.

Also, keep in mind that you can bet on the winner of the next Super Bowl at virtually any time via the NFL futures market. Odds for this bet come out soon after the current Super Bowl is final, and the board remains very active as the NFL season plays out.

Is it legal to bet on the Super Bowl?

Yes, betting on the Super Bowl is legal in states that have legalized sports betting. For the 2023 Super Bowl, you can bet on:

  • New York
  • New?Jersey
  • Pennsylvania
  • Indiana
  • West Virginia
  • Michigan
  • Colorado
  • Illinois
  • Iowa
  • Virginia
  • Tennessee
  • Arizona
  • New Hampshire
  • Louisiana
  • Ohio
  • New York
  • Kansas
  • Wyoming

Click on the link for your state to see the full range of sportsbooks open for your Super Bowl bets. All sportsbooks in licensed states will offer numerous Super Bowl betting markets both in-person and online.?For an up-to-date look at where things stand throughout the US, you can view our stat
e-by-state legal gambling guide
.

The list of legal states will continue to grow. In the interim, those in neighboring states?can head over the border to play. You have to be within state lines to place bets, but you can head back home to enjoy the game.

After you choose one of our recommended sportsbooks in your state, you?ll need to sign up before you can play. The entire process can be completed in just a few minutes. Here?s what you need to do.

  • Click on our links to claim the bonus
  • Follow the prompts and complete the registration process
  • Deposit funds and claim any bonus bets
  • Start browsing the Super Bowl betting lines

The main game listing will feature the odds for moneyline, spread, and totals bets. You?ll see all of the available props and alternate lines.? Once the game gets underway, you can continue live betting based on what?s happening.

Super Bowl betting projections

A staggering sum of money is wagered on the Super Bowl annually.

Looking back to Super Bowl 56, Playin USA estimated that there would be $1 billion in bets placed across the legal states. That?s an enormous sum, but also only a fraction of the ultimate potential.

According to the American Gaming Association:

  • Estimated $7.6 billion total (not just at legal sportsbooks) was bet on Super Bowl 56.
  • 31 million+ Americans made legal wagers on the Super Bowl
  • 9 million bet online

Looking ahead to Super Bowl 2023, legal sports betting will be available in even more states than last year. The numbers will only continue to climb as a result. See some of the current projections and past figures below:

$500 million

Our line for total amount Americans bet at legal sportsbooks on Super Bowl 56.

$146.7 million

The average amount wagered on the Super Bowl in Nevada over the last five years.

$117.4 million

The amount wagered on the big game in New Jersey in 2021, a 116% increase from 2020.

$45.6 million

The amount bet on Super Bowl 2021 in Illinois, the state?s first year with legal betting for the game.

$45.2 million

Number of Americans that the American Gaming Association is expecting to wager on NFL games this season, a 36% increase over last year.

31

The American Gaming Association?s expected number of states where at least some form of sports betting is likely to be legal by the start of the 2022 NFL season.

$7 million

Amount that Fox is asking for 30-second commercials on Super Bowl 57 in 2023.