Betting on the 2020 Super Bowl

The biggest sporting event of the year also attracts the most wagers.

In addition to being the most-watched game of the calendar year, the Super Bowl is also the most heavily wagered. From sharp bettors to casual players who only bet once in a while, they all line up to place some bets on the “big game.”

All of those choices can seem a bit overwhelming at first glance, as can betting on the Super Bowl itself. Beyond trying to choose the potential winner of the game, there are all kinds of options on the Super Bowl betting menu.

So, how can you legally place bets online? Where are the best places to wager? What are the best types of bets to consider? Why is the Super Bowl such a big deal?

For answers to those questions and everything else you need to know about Super Bowl betting, read on. This betting guide covers the ins and outs of how to bet online as well as the best Super Bowl betting sites.

Where to legally bet Super Bowl futures in the US

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How to bet on the Super Bowl online

How to Bet on Super Bowl OnlineIf you’re looking to place your Super Bowl bets online, you won’t have a lack of options. A number of operators provide services in many legal gambling states. We’ll touch on the best ones to use in a bit.

After you’ve signed up for an online sportsbook via our exclusive links, you’ll be able to locate the big game in the lobby and find all of the wagering opportunities available.

Standard bets such as spreads, moneylines and totals will be right there for you to see. You can also browse the additional markets available.

For the Super Bowl, there are lots of them. Prop bets surrounding the Super Bowl LIV are incredibly popular, so sportsbooks offer a variety of options.

In addition, you don’t have to wait for the Super Bowl itself to place a wager or two on who you think will win. There’s an active futures market for the upcoming Super Bowl champion, and you can place this bet at any time. We’ll walk through how that works in a bit.

Is it legal to bet on the Super Bowl?

Yes, betting on the Super Bowl is perfectly legal in states that have legalized sports betting.

Indiana, West Virginia, New Jersey and Pennsylvania offer numerous places to wager on sports, both in-person and online. The list of legalized states continues to grow.

The sports betting movement is accelerating in the wake of a 2018 Supreme Court decision, which effectively put the question of legalization in the hands of the states. Several states have legalized sports betting in at least some form, while others are still working on legislation.

For an up-to-date look at where things stand throughout the US, you can view our “State-by-State Legal Gambling Guide”.

Why you should bet at legal sportsbooks

While there remains a sizeable black market for sports betting, the legal, regulated market continues to grow at an astronomical rate. Nevada is no longer the only option for legal US sports betting, and some of the numbers we see from newly legalized states are eye-popping.

That’s only going to continue as additional states climb on board. It’ll get to the point in which the offshore operators are an afterthought, but we’re not quite there yet.

In the meantime, here are a few key factors to consider when deciding where to place wagers with your hard-earned dollars:

  • Sportsbooks in approved US states, such as our recommended providers, are legal, regulated and above board.
  • The same can’t be said for offshore operators, many of which have unclear contact information in the event something goes wrong.
  • If you stick with a legal, regulated sportsbook, your money will be safe. For offshore sportsbooks, that’s far from a given.
  • Sportsbooks running in legalized US markets have had to jump through hoops to get to this point. Everything is on the up and up, as fly-by-night operators wouldn’t pass the muster on licensing and security.
  • If you wager on an unregulated site, you have no guarantee that they’ll be there tomorrow or the next day.

Putting your money at stake in the black market is becoming more and more of an unnecessary risk to take.

Super Bowl Betting Projections

Westgate Las Vegas SuperBookThe amount of money wagered on the Super Bowl annually is pretty staggering. That number will only continue to grow as additional states legalize sports betting in the coming year.

For now, the survey results from the American Gaming Association in advance of the 2019 Super Bowl were rather eye-opening:

  • An estimated $6 billion was to be bet on the game.
  • 22.7 million Americans planned to place wagers on the Super Bowl.

The numbers from the AGA survey include amounts wagered in the black markets, such as with unlicensed and unregulated offshore operators.

PlayUSA ran the numbers on the legal, licensed side. Here’s what we found:

  • $325 million in legal wagers to be placed on the 2019 Super Bowl.
  • $160 million of the total to be bet in Nevada.
  • $100 million of the total to be bet in New Jersey.
  • The remainder spread across the other legalized states.

The difference between the two sets of numbers further demonstrates the astonishing potential of legal, regulated sports betting.

$325 million

Our line for total amount Americans will bet at legal sportsbooks on 2020 Super Bowl.

$160 million

Our line for total amount of bets that will be placed in Nevada for 2020 Super Bowl.

$100 million

Our line for total amount that will be bet at legal sportsbooks in New Jersey for 2020 Super Bowl.

$65 million

Our line for total amount that will be bet at licensed sportsbooks in other regulated states for 2020.

2020 odds to win Super Bowl LIV

The odds to win the Super Bowl continually evolve over the regular season. Teams who surprise with solid play can suddenly see a lot of attention head their way, while others that disappoint will see their odds impacted as a result.

We’ll go through the futures market in full detail shortly. For now, let’s see what the odds look like for the winner of this year’s Super Bowl.

What is the line and why does it change?

Once the Super Bowl matchup is final, oddsmakers will release the game lines.

The moneyline odds will tell you which side is favored to win the game outright, while the total odds will give you the estimated points scored for the matchup.

The spread odds capture much of the attention in the run-up to the game. In a nutshell, the oddsmakers attach an additional wrinkle to the equation via the point spread. The favored side will have to win by a certain amount of points to cover the spread, while the underdog side can win if they keep the margin closer than the spread suggests.

Leading up to the game, the spread odds can shift based on market action. The 2019 Super Bowl provides a perfect example of this.

Upon release, the Los Angeles Rams were slight favorites over the New England Patriots. As bets began to come in, the market shifted. By game time, the Patriots were favored over the Rams.

Some bettors like to jump on lines as they are released, while others prefer to wait until closer to game time to place their bets. There’s no right or wrong way to do it, but be aware that the lines can shift during the week. If you see a spread that you like, you may want to get your bets in.

Super Bowl futures betting

As mentioned earlier, there is an active futures market for the winner of the upcoming Super Bowl. So, exactly what does that mean?

Sportsbooks will list odds for each of the teams in the league to win the big game in the upcoming season. In some cases, the odds are released as soon as the current Super Bowl is in the books.

Bettors can make their choices at any point. After doing so, they’ll hold a futures ticket on their selection. Those who are correct will have to wait until the conclusion of the big game, but the experience can be quite rewarding.

As bets are placed and time moves along, the futures market evolves. Some teams may receive a lot of bets, and their odds will lessen, i.e., shorten, as a result. Teams who don’t receive as much attention may see their odds lengthen, i.e., increase.

This process goes on throughout the preseason and into the regular season.

You could place some well-researched wagers in the offseason and see how it goes, or you can stay on top of the market as it continues to evolve to hunt for attractive opportunities.

Beyond the actual number of bets placed on each team, the market is also impacted by things such as significant injuries to key players and team performance once the games begin. Teams who looked like potential contenders in the preseason could fall flat once the games begin to count, while others can come out of nowhere and impress.

For example, heading into the 2019 season, the Cleveland Browns were generating a lot of buzz. Many bettors bought into the hype, and the Browns attracted a good deal of futures market interest. After the season began, it was pretty clear that the Browns weren’t quite ready for primetime. Those that placed wagers on the team to win the Super Bowl had some buyer’s remorse as a result.

On the other side of the coin, the San Francisco 49ers didn’t receive anywhere near the attention the Browns did in the offseason. However, the team ripped out of the gates and impressed. Futures bettors on the 49ers grew more optimistic with each passing week.

The futures market will continue to respond as the season plays out. In a nutshell, it’s a fun way to stay engaged on the Super Bowl on a year-round basis, not to mention potentially making a nice profit if all goes well.

What are the most popular Super Bowl bets

One of the best things about Super Bowl betting is the variety of betting options available.

From those new to betting to seasoned handicappers, there are always plenty of attractive wagering opportunities available.

Here’s a rundown of the most popular bets and types:

  • 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.
  • Totals 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.

While much of the chatter in the run-up to the game revolves around the traditional bet types, prop bets are big business for the Super Bowl. These bets are available for pretty much every game, but the sportsbooks go the extra mile and open up the market for the Super Bowl.

For example, there are prop bets on how long the national anthem will take prior to the game, or the color of the Gatorade in the victory celebration.

In addition to being cool talking points, bets like these have gained a good deal of popularity in recent years.

Bet on the Super Bowl MVP

As the Super Bowl approaches, a good amount of discussion centers on which players could be in line for one of the game’s biggest honors. The player who has the greatest impact on the game receives the Super Bowl MVP award.

Quarterbacks have dominated the award in recent years, as well as on an all-time basis. Over the last 10 Super Bowls, a QB has won the award seven times. In the history of the Super Bowl, QBs have been the choice 29 times.

The odds for Super Bowl MVP will generally reflect this, as the QBs from the two teams are likely to be at the top of the odds chart. However, it’s important to remember that it’s far from a sure thing.

In 2019, wide receiver Julian Edelman won the award, while a defensive player has been the choice in two of the last 10 years.

Most insane bets ever made on the Super Bowl

As the biggest sporting event of the year, the Super Bowl attracts significant action at sportsbooks. A good deal of the money comes from small recreational bettors, but plenty also flows in from bettors with much larger bankrolls.

Here’s a look at some of the largest wagers placed on the 2019 Super Bowl between the Rams and Patriots:

  • $2 million on the Rams moneyline.
  • $1 million on Patriots -2.5 points.
  • $50,000 on Rams’ Super Bowl future for a potential win of $175,000.
  • $15,000 on Patriots’ Super Bowl future for a potential win of $75,000.

The Patriots went on to win the game by a score of 13-3. It was great news for Patriots’ moneyline and spread bettors, as well as those who went for the under on totals bets. For those who placed a boatload of cash on the Rams and the over, there’s always next year.

$159 million

The total amount of Super Bowl bets taken by Nevada sportsbooks on the 2019 Super Bowl.

$1.17 million

The total amount won by Nevada sportsbooks on the 2019 Super Bowl for a total hold of under 1%.

$4.6 billion

The estimated amount of total illegal bets placed on the Super Bowl in 2019.

261 

The estimated number of retail sportsbooks in the U.S. where you can place bet legally on Super Bowl 54.

NFL Super Bowl betting strategy and tips

As with betting on all NFL games, standard handicapping rules apply when wagering on the Super Bowl. There are experienced bettors with detailed systems that they follow to the letter, as well as casual folks who rely on things such as gut feel.

There’s no right or wrong approach, as it all comes down to your comfort level. However, long-term success in any endeavor requires putting some effort into honing your skills, so it’s important to keep that in mind.

There’s no magic system for Super Bowl betting success. To drive that point home, check out the stats on favorites and totals through the 2019 Super Bowl:

  • Favorites are 26-25-2 against the spread in the history of the Super Bowl.
  • Overs are 26-25-1 all-time (No total bets for Super Bowl I).

While the data above suggests flipping a coin and calling it a day will even out over several years of Super Bowls, that doesn’t mean you can’t put in some effort toward finding an edge.

Some teams are poor matchups for the other in a number of facets, while recent play and quality of postseason wins can be huge clues toward finding which team has a leg up on the other.

You won’t find any shortage of opinions on which side will win or cover, as well as the total points and various prop betting scenarios. If you’re not the type who likes to research, then find a few trusted sources to lean on and tune out the rest of the noise.

Super Bowl trivia & fun facts

On Feb. 2, 2020, Super Bowl LIV will take place at Hard Rock Stadium in Miami Gardens, FL.

The previous 53 editions of the big game have all been memorable in their own right, and each has done its part to shape NFL history.

How did the Super Bowl start?

The Super Bowl is the championship football game for the NFL. The game features the champion of the American Football Conference versus the winner of the National Football Conference, as determined by an exciting round of playoffs.

Initially, the Super Bowl was a meeting of the two champions of rival leagues, the NFL and the upstart American Football League. The two leagues would eventually merge, setting up the AFC versus NFC format that has stood the test of time.

The first big game was dubbed as the World Championship Game, though it’s retroactively referred to as Super Bowl I.

It took place on Jan. 15, 1967, at the Los Angeles Memorial Coliseum and pitted the AFL champion Kansas City Chiefs versus the NFL champion Green Bay Packers. The Packers would go on to win the game by a score of 35-10.

Which NFL teams have the most Super Bowl wins?

In the Super Bowl era, some franchises have found more success than others. Here are the teams with the most Super Bowl trophies:

  • Six Super Bowl wins: New England Patriots, Pittsburgh Steelers
  • Five Super Bowl wins: Dallas Cowboys, San Francisco 49ers
  • Four Super Bowl wins: Green Bay Packers, New York Giants
  • Three Super Bowl wins: Denver Broncos, Oakland Raiders, Washington Redskins

Which teams have had the most Super Bowl appearances?

The five teams who have appeared in the most Super Bowls, along with their record in the big game:

  • New England Patriots: 11 appearances, 6-5
  • Pittsburgh Steelers: Eight appearances, 6-2
  • Dallas Cowboys: Eight appearances, 5-3
  • Denver Broncos: Eight appearances, 3-5
  • San Francisco 49ers: Six appearances, 5-1

Which teams have won consecutive Super Bowls?

Seven teams have won consecutive Super Bowl titles: Packers, Dolphins, Steelers (twice), 49ers, Cowboys, Broncos and the Patriots.

No team has ever won three in a row. The Vikings, Broncos and Bills are the only teams to have lost consecutive Super Bowls.

Which teams have the most consecutive losses?

The Bills hold the record for most consecutive losses in the Super Bowl, as they lost the big game each year from 1991 through 1994.

Which teams have never won the NFL Championships?

There are 32 teams in the NFL, and 28 of them have appeared in at least one Super Bowl. Here are the four teams who have never made it to the big game:

  • Cleveland Browns
  • Detroit Lions
  • Houston Texans
  • Jacksonville Jaguars

Additionally, eight franchises have made it to at least one Super Bowl without ever winning. Here are those teams, along with their record in the final game of the year:

  • Minnesota Vikings: 0-4
  • Buffalo Bills: 0-4
  • Cincinnati Bengals: 0-2
  • Carolina Panthers: 0-2
  • Atlanta Falcons: 0-2
  • Los Angeles Chargers: 0-1
  • Tennessee Titans: 0-1
  • Arizona Cardinals: 0-1

Which NFL teams have had rematches?

The same two teams have squared off in consecutive years just once in Super Bowl history. That took place in 1992 and 1993 when the Dallas Cowboys played the Buffalo Bills, with the former winning both times. However, there have been some other matchups that have taken place more than once, albeit in nonconsecutive years:

  • Cowboys vs. Steelers: 1975, 1978,1995
  • Dolphins vs. Redskins: 1972, 1982
  • 49ers vs. Bengals: 1981, 1988
  • Giants vs. Patriots: 2007, 2011
  • Patriots vs. Eagles: 2004, 2017
  • Patriots vs. Rams: 2001, 2018

Super Bowl 2020 Time, Date And Where To Watch On TV And Live Stream

The broadcast rights for the 2020 Super Bowl belong to Fox. For viewers on cable, that means the game will be on your local Fox affiliate. Viewers who have cut the cord will find that Fox is available through various streaming platforms as well.

  • Gameday: Sunday, Feb. 2, 2020
  • Game time: Kickoff is 6:30 p.m. ET/3:30 p.m. PT
  • Network: Fox
  • Network streaming: Fox.com, Foxsports.com, and Fox Sports app via phone, tablet, and connected TV devices (Roku, Amazon Fire TV, Apple TV and Chromecast)
  • Streaming services (varies by market): DirecTV Now, Fubo TV, Hulu with Live TV, PlayStation Vue, YouTube TV

Super Bowl commercials, halftime shows

Super Bowl halftime showsThe Super Bowl commands the most massive viewing audience of the year. As such, it’s a bonanza for advertisers, as well as a pricey one for those looking to ply their wares in front of millions of eyes.

Here are some of the key stats from the 2019 Super Bowl to further illustrate that:

  • Broadcast network CBS charged a record $5.25 million for 30-second ads.
  • The price for ads has nearly doubled over the past decade ($2.69 million in 2008).
  • According to Nielsen ratings, 98.2 million people tuned into the game.

It’s not hard to see why many companies will pay up for Super Bowl ads, as the exposure to that many people at once is tough to beat.

Through the years, halftime shows have evolved from basic marching band type stuff to the elaborate productions we have seen in recent decades.

The halftime show for the 2020 Super Bowl showcases Jennifer Lopez and Shakira.

Super Bowl FAQ

Which NFL team has the most Super Bowl wins?

The Pittsburgh Steelers and New England Patriots are tied for the lead with six each. The Dallas Cowboys and San Francisco 49ers are next on the list with five apiece.

When and where is the 2020 Super Bowl?

The 2020 edition will be Super Bowl LIV on Feb. 2, 2020, at Hard Rock Stadium in Miami Gardens, FL, and broadcast on Fox.

The venue is hosting the Super Bowl for the sixth time. The last one was Super Bowl XLIV in 2010, when the New Orleans Saints defeated the Indianapolis Colts. The stadium was known as Sun Life Stadium at that time.

What NFL player as the most Super Bowl rings?

At the top of the list with six rings is Tom Brady of the New England Patriots. Charles Haley is next with five rings, two with the San Francisco 49ers and three with the Dallas Cowboys.

Which NFL team has made the Super Bowl the most and lost?

The New England Patriots and Denver Broncos are tied for the most with five Super Bowl losses.

The Patriots have won their six other trips to the big game, while the Broncos have won three Super Bowls.

Next on the list is the Minnesota Vikings and Buffalo Bills, as both franchises have lost four Super Bowls. Neither franchise has managed a win on the game’s biggest stage.

How much is a Super Bowl ring worth?

Exact numbers for the 2019 Super Bowl rings have never been made public, but it was noted as the largest and most expensive ring ever created was for a Super Bowl winner.

For perspective, rings for Super Bowl XLIV had a reported price tag of $36,500 each, but that number has been surpassed in recent years.

Who has the most yards rushing / passing?

Tom Brady holds the record for most passing yards in a single Super Bowl, as he threw for 505 yards in Super Bowl LII. The New England Patriots lost to the Philadelphia Eagles in that contest. Brady also holds the career mark for Super Bowl passing yards, as he has thrown for 2,838 yards over his nine appearances.

For a single game, Timmy Smith holds the record with 204 rushing yards in Super Bowl XXII.

Franco Harris holds the all-time mark with 354 yards over four appearances.

Jerry Rice is atop both categories in receiving. He hit 215 yards in Super Bowl XXIII and amassed 589 receiving yards over four Super Bowls.

How many Super Bowl rings does Tom Brady have?

Tom Brady earned his sixth Super Bowl ring when the New England Patriots defeated the Los Angeles Rams in Super Bowl LIII.

He now holds the record, breaking a tie he held with Charles Haley, a defensive player who earned five rings during his time with the San Francisco 49ers and Dallas Cowboys.

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