Every year, the excitement of the Super Bowl attracts the attention of sports bettors making wagers for the first time. With so many betting options available, it can be tough to know where to start. If you are getting into Super Bowl wagering, it’s important to know what markets are available and what they offer odds on.
Moneyline betting enables you to wager on which team will win the game, with the payout determined by odds. That means a win by the favorite will produce a smaller payout than a victory by the underdog. Perhaps the most popular market for Super Bowl wagering is point spread betting. Unlike moneyline betting, where you simply pick a winner, point spreads allow you to bet on the margin by which a team will win or lose a specific game.
With totals betting, also known as over/under betting, you can bet on whether the two teams playing in the game will combine to score over or under a predetermined point total. In props betting, you can wager on the performance of both individual players and teams in bets where the final score is not a factor.