How to Bet On the Super Bowl: 5 Tips for Beginners
The Super Bowl is the highlight of the football season, and there are now more ways than ever before to enjoy it.
For example, if you think that you know who will win the big game, you might be interested in placing a bet on it. As we’ll see here, it’s a lot easier than you might have imagined.
1. Find a Good Sportsbook
Your choice of sportsbooks depends upon where you live. So the first step is to check out your options. You’ll want to find a reliable, highly-rated betting site where football is listed as one of the sports covered.
Look out for special offers and promotions too. Some sportsbooks giving you incentives to bet on the Super Bowl as it gets closer to the date and more people start looking for somewhere to place their wagers.
Apart from the sports on offer, you’ll also want to see what banking methods they accept, as you need to find a fast and secure way of moving money in and out. Remember to look here at how to bet on the Super Bowl in Ohio, since the Buckeye state is legalizing it in 2023.
2. Register and Fund the Account
Registering as a new member should only take a moment. Once you’ve done this, you’re almost ready to start betting online. The last thing you need to do before placing your first wager is fund your new account with the money you want to use.
You’ll typically find a range of banking methods available, such as popular electronic wallets and bank transfers. Choose one that suits you and move across the amount you want to bet with. The same methods are usually available for withdrawals when you want to cash out any winnings.
3. Consider Super Bowl Futures or Wait Until Nearer the Game
The Super Bowl LVI game will be played on February 12, 2023, but what if you don’t want to wait that long to bet on the outcome? You might want to make your prediction before we even know the names of the two teams will be taking part in the game. Super Bowl futures are bets based on future events. This means that you can place them far in advance, with the odds usually being more generous to reflect the fact that there’s so much uncertainty at what might happen.
For example, you might place a bet on the Kansas City Chiefs or the Buffalo Bills, who are both among the favorites just now. But there’s no guarantee either will even make it to the big game. The other option is to wait until you know who is playing and what both teams’ current form is.
4. Choose your Bet Type
You might want to simply decide which team you think will win the Super Bowl, but there are plenty of other bet types to consider as well. Point spreads, parlays, and props are among the most popular ways of betting. It’ll only take you a moment to check out all of the options before going ahead.
If we look at the example of a point spread, this is where you predict the winning margin. Props give you a chance to bet on a specific player or team’s statistics. As for parlays, they roll up two or more individual wagers together so that you need to win both of them to collect.
5. Place Your Wager
Once you’ve decided what to do, the final step is to place the bet. Type in the amount you want to wager and you’ll immediately see what your winnings would be. Confirm the wager and all you need to do next is wait to see if your prediction is correct.
Any winnings will be paid into your account automatically, and you can then decide whether to cash out that money or wait to bet it on another sporting event that catches your eye.