Super Bowl betting: Odds, props & winning
How big is the Super Bowl? Big enough so that it’s impossible to hyperbolize. Check out these numbers: the NFL claims up to 1 billion viewers tune in annually, and running a TV commercial during the game’s U.S. broadcast costs a world-be advertiser $5 million (or $166,666.66 per second).
And while the product-hockers seek to appeal to that massive audience, said audience is chowing down lustily: Americans typically eat 30 million pounds of chips, 13.2 million pounds of avocado and 8 million pounds of popcorn.
Betting on the Super Bowl draws more wagering than on any other event worldwide. Most of this betting is done in the United States and Canada, but gamblers in nations such as Australia and Great Britain are starting to discover the marvel of Super Bowl betting – kinda like the way Americans re-discover World Cup betting every four years…
Over $140 million was wagered on Super Bowl LII at Las Vegas sportsbooks, but lest you believe that figure is overly impressive, consider that unofficial estimates from the American Gaming Association (AGA) place the total number of best at $4.76 billion. This means the ostensible gambling capital of the U.S. was covering less than 2.95% of the total take. That’s huge.
Despite that seemingly small sub-3% take in Las Vegas, the truth is that Super Bowl betting is significant enough to support some small- to mid-sized sportsbooks throughout the year. Pre-Supreme Court decision of 2018, an estimated 25% or more of *all* online bets were made on the Super Bowl.
On top of everything else great about betting on the NFL’s big game, the sheer amount of bets, lines, odds and proposition bets on the Super Bowl are absolutely wonderful. Scoring by quarter, player props, game MVP props, Will The First Score Be a Safety, Will Anyone Score a Safety, the opening coin flip – all this and so much more are available on the (long) two weeks leading up to the Super Bowl.
If you’ve ever been to Las Vegas (or soon in the future, your local betting shop or casino), you know how much fun, insanity and winnings may be had when betting the Super Bowl. Of course, if you think that’s nuts, just wait until the Las Vegas Raiders are playing in Super Bowl LV in 2021…