The 3 Easiest Super Bowl 58 Bets Anyone Can Make
Looking for the easiest Super Bowl 58 bets? You’ve come to the right place.
Betting on the Super Bowl is one of the best places to begin betting on football. There are many different types of wagers available, making it a great opportunity to get the lay of the full betting landscape with a single event.
We won’t let you wander into the football betting wilderness alone, of course. We’ve developed this handy Super Bowl betting guide to help you get acquainted with NFL betting odds, generally, and lay some simple wagers on Super Bowl 58.
But first things first. Let’s start with some classification on the safest Super Bowl bets ahead of next year’s big game at Allegiant Stadium in Paradise, Nevada.
Types of Bets for Super Bowl 58
Every football bet can be classified in one of three categories: moneyline, against the spread, and over/under. These three betting options make up the most popular Super Bowl bets to make.
1. Moneyline Betting
Betting on the moneyline is the easiest Super Bowl bet you can make. Quite simply, you bet on which team will win the game “straight up.” You don’t have to worry about margin of victory. If the team you bet on wins, you win your bet!
Super Bowl 58 Moneyline Odds
|San Francisco 49ers
|Kansas City Chiefs
You might be saying to yourself: “That’s very simple. Why doesn’t everyone bet on the moneyline?”
Because the payout is lower if you bet on the favorite, and you don’t get the advantage of the spread if you bet on the underdog. The best sports betting sites aren’t going to reward you the same way for picking a massive favorite to win. They will, however, reward you handsomely if you correctly pick an underdog.
Let’s use this year’s Super Bowl odds as an example again.
The 49ers’ moneyline from oddsmakers is sitting at -125. That -125 number indicated that, if you bet on the 49ers to win outright, you have to wager $125 to win $100 for a total payout of $225. The Chiefs’ moneyline, on the other hand, is +105.
The plus-sign changes everything! When preceded by a plus-sign, the moneyline indicates how much you’ll get back if you bet $100.
So, if you wager $100 on the Chiefs at +105 and they upset the 49ers (by whatever score), you’ll walk away with $205 — your original $100 bet plus $105. (For all intents and purposes, the favorite is always listed at a negative number and the underdog at a positive number.)
You don’t have to wager $100, of course. You can wager any amount (though sportsbooks do have upper and lower limits). If you cut your bet in half and put $50 on the Chiefs +105, you’d go home with $102.50 if they win — your original $50 bet plus $52.50 (i.e. half of $105).
2. Against the Spread
Against the spread betting (commonly abbreviated as ATS) is probably the most common type of football betting. In Super Bowl 56, the Rams were four point favorites over the Bengals. On paper, this is written out as “Rams (-4)” or “Bengals (+4)”. The four point spread means that, if you bet on the Rams (-4), you only win your bet if the Rams win by five points or more. If the Rams won 25-23, for example, you’re outta luck.
The flip side is that if you bet on the Bengals (+3), you’ll still win your bet even if the game is a tie.
If the Rams won by exactly three points, it’s called a “push,” and both sides get their money back.
Simple enough, right?
Bettors are often confused to see the spread change a couple of days after they’ve placed a bet. If a lot of money is being wagered on one team compared to the other, sportsbooks will shift the spread to encourage equal betting on both sides and reduce their potential for loss.
This happened just before Super Bowl 53 in 2019. When the betting lines first opened, the LA Rams were a small favorite. But so much money was immediately bet on the New England Patriots that the spread shifted all the way to Patriots (-3).
These changes do not impact any bets that have already been placed, making this one of the best Super Bowl bets.
The payout on spread betting is typically $1 for every $1.10 you wager, but can vary within a range. You’ll often see the payout listed as “-110,” which indicates that you must bet $110 to win $100.
Use the same approach outlined above for moneyline bets to calculate your payout when betting against the spread. Point spread betting is easily one of the most popular ways of how to bet the Super Bowl.
3. Over/Under Betting
Over/under betting (O/U) differs considerably from spread and moneyline betting in that it doesn’t involve picking the winner. The most common over/under bet is the game total, which involves predicting the total number of points that will be scored in the game.
As of February 5, 2024, the total for Super Bowl 58 was 47.5. Bettors can opt that the game will feature more than 47.5 points (taking the over) or fewer than 47.5 points (taking the under).
If you bet the over and the Chiefs win 30-20, you win your bet since the teams combined for 50 points. (That’s more than 49.5.) If the 49ers win 20-17, you lose everything, since the total score of 37 is less than the total set beforehand by the sportsbooks.
Like with ATS betting, the game total can and will shift over time, depending on which side is receiving the majority of the money wagered. Pushes are also possible when betting the game total. Obviously, a push can only occur when the total is not a half number.
Just like the spread, O/Us have odds specific to each side of the line, meaning the payout isn’t always equal between the over and the under. As long as the action coming in on each side is roughly even, you’re likely to see odds of -110 on the Super Bowl totals line (bet $1.10 to win $1). These even odds make totals betting a relatively safe Super Bowl bet.
Super Bowl Props
The wager types discussed so far focus on the outcome of the game itself. The Super Bowl, however, is just as famous for its litany of prop bets. Some of these Super Bowl props can be downright bizarre, and many have nothing to do with football.
Prop bets feature any interesting propositions the sportsbooks can think of, and while they might not always be smart Super Bowl bets, they’re always fun to track.
Prop bets touch on almost every aspect of the Super Bowl, from which team will win the opening coin toss to which player will score the first touchdown. Many of them focus on the performance of individual players. For example, who will have the most receiving yards? And how many yards will Joe Burrow throw for? Will Stafford have more touchdowns than Burrow?
The really fun ones have almost nothing to do with the game. Here are a few favorites from this year’s props:
- What will be the first song played at halftime?
- Will a fan run onto the field?
- The color of the Gatorade poured on the winning coach (orange is the favorite). Historical reference here.
Props can be constructed as moneyline or over under-style bets. Let’s look at a couple of examples to clarify.
“Who will score the first touchdown?” is a moneyline-style prop bet. Travis Kelce is currently the favorite at +650. (Remember what that plus-sign means? If you bet $100 on Kelce and he does score the first TD in the game, you’ll win $650.)
“How many songs will be played during the halftime show?” is an over/under style prop. The O/U is at 7.5. If seven songs are performed in total, the under will cash in. If eight lovely tunes are sung, the over wins. Other examples include player props like the Super Bowl MVP, or how long the National Anthem takes.
For a full guide on Super Bowl prop bets, be sure to check out this comprehensive guide on Super Bowl props explained.
Where Can I Bet on the Super Bowl?
Go look at your finances and see if you have some disposable income for the best Super Bowl bets to make. If things are looking good, it’s time to explore this list for the best NFL betting apps and get in on the action on the best NFL teams!
With other states like Ohio and Massachusetts recently launching legal sports betting, this year’s Super Bowl should see a higher amount of money wagered than ever before. Fans in newly launched markets like Ohio were hoping their Cincinnati Bengals could reach the finals again this year, but sadly that was not the case.
You can enjoy NFL playoff betting right up until the start of Super Bowl Sunday, futures bets before the championship, as well as throughout the big game thanks to live betting. Aside from the simple Super Bowl bets listed here, other options like parlays available through online sportsbooks can take the Super Bowl LVIII action to a whole other level compared to the regular season.
The Super Bowl 58 kickoff is set for Sunday, February 11, 2024. Stay tuned for the official matchup as the postseason NFL games conclude. Make sure you take advantage of the best Super Bowl promos, like an ESPN betting promo, or any bonus bets you can find for the big game.
Easy Super Bowl Betting FAQ
Still searching for more information on making simple Super Bowl bets? Here are a few quick answers to easy Super Bowl betting FAQs:
What is the smartest Super Bowl bet?
The smartest Super Bowl bet is point spread betting, as this is typically the wagering type most sharp bettors go for. Taking the points on an underdog can make all the difference, allowing you to win your wager even if the underdog doesn’t win the game outright.
What Super Bowl bet has the biggest payout?
The Super Bowl bet with the biggest payout relies on a number of factors, including the teams involved, the odds on each wager, and catching good value on line movement. Looking for the biggest payout often comes with more risk, so chasing the largest possible winnings isn’t always so simple.
Where can I place Super Bowl bets online?
You can place Super Bowl bets online at virtually any sports betting site or sportsbook app. Sportsbooks like DraftKings, FanDuel, Caesars Sportsbook, BetMGM, and Barstool Sportsbook are top-notch choices for making simple bets on the Super Bowl.
What’s the best way to bet on Super Bowl?
The best way to bet on the Super Bowl is using a legal sportsbook like FanDuel, DraftKings, Barstool Sportsbook, BetMGM, or Caesars Sportsbook. You can’t go wrong betting on the Super Bowl as long as you’re wagering responsibly.
Let's have fun and keep it civil.