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It allows the sportsbook to make a margin on either selection, but some take a smaller margin by offering -105 sports betting lines. You might see -110 rendered as 1.91 (decimal odds) or 10/11. Our odds calculator is perfect for showing you how to calculate potential winnings for all types of sport wagers. It indicates how much you will win based on the odds and total wagered. That way, you’ll know the exact amount you would win prior to placing any picks at your favorite sportsbook. Below is an explanation on how to bet on sports by using our betting odds calculator to get all the.

Although Super Bowl odds change all the time, there are strategies that bettors can use when analyzing NFL futures.

US legal sportsbook apps offer a robust selection of ways to bet on the Super Bowl. Along with the standard moneyline, point spread, and totals lines, sportsbooks also offer in-game betting and a massive menu of prop bets.

The current consensus lines for the 2021 Super Bowl has Kansas City Chiefs as a -3.0 favorite to defeat the Tampa Bay Buccaneers. The line originally opened at Chiefs -3.5.

Like all NFL games, sportsbooks set the Super Bowl lines with the aim of getting enough action on both sides of the bet for the sportsbook to make money. The lines can shift in the days leading up to the big game, influenced by the public’s betting activity.

Chances of Winning Super Bowl 2021

Implied probabilities are calculated using odds offered by DraftKings.
Last Updated: 2021-02-07 00:00:00 PDT.

The defending champion Chiefs are the favorite to win Super Bowl LV with a 62.5% chance to win with odds hovering between -175 to -167. The Chiefs spent much of the regular season looking like the strongest team in the NFL. Kansas City followed up its 2019-2020 championship with a 14-2 regular season campaign this year.

Tampa Bay Buccaneers led by Tom Brady currently have a 41% with the average moneyline odds at US sportsbooks between +150 to +145.

Live Super Bowl Odds at US Online Sportsbook Apps

Joining a legal sportsbook for the first time? Read our rundown of the best super bowl betting bonuses.

Which States Offer Legal Sports Betting Apps?

The following states have legal online sports betting apps where you can sign up to place a legal bet on the 2021 Super Bowl.

• West Virginia

Not in a legal state? You can play our free Super Bowl squares 2021 game with friends. Play online or via a printable squares template.

Best Legal Online Sportsbook Apps to Bet On The Super Bowl

The Super Bowl LV odds listed on the table below show the current moneyline betting lines now available at legal online sports betting apps. We also have information on our top picks for US online sports betting apps.

BetMGM

Visit: BetMGM and claim a 100% deposit match bonus up to $500

The sports betting face of MGM Resorts, BetMGM stands as a big player in the legal US sports betting market. BetMGM offers a variety of betting markets that competes with any other US sportsbook.

The Super Bowl, as well as a multitude of other sports, are available on BetMGM in ten states (NJ, PA, CO, IN, IA, NV, TN, WV, MI, VA).

FanDuel Sportsbook

Visit: FanDuel and place a $5 Super Bowl LV bet and potentially win $275

FanDuel Sportsbook reigns as the No. 1 online sportsbook in the US by market share. FanDuel’s robust selection of Super Bowl betting markets includes a wide array of prop bets and in-play wagering options.

Bettors in ten states (NJ, PA, CO, IN, IA, IL, TN, WV, MI, VA) can place Super Bowl bets online at FanDuel Sportsbook.

DraftKings Sportsbook

Visit: DraftKings and claim a 20% deposit match bonus up to $1,000

The overturning of the Professional and Amateur Sports Protection Act (PASPA) set the process in motion for legal sports betting to expand across the US. Since the fall of PASPA in 2018, DraftKings Sportsbook has emerged as one of the most prolific online sports betting brands in the US.

DraftKings Sportsbook currently offers online sports betting in ten different states (NJ, CO, IL, IN, PA, NH, IA, TN, WV, MI, VA).

BetRivers

Visit: BetRivers and claim a 100% deposit match bonus up to $250

Named after the Rivers Casino brand, BetRivers Sportsbook offers a comprehensive selection of domestic and international sports. Also known as PlaySugarHouse (in New Jersey), BetRivers competes for market share as one of the top sports betting brands in the US.

Players in eight states (NJ, PA, IL, IA, CO, IN, MI, VA) can bet on the Super Bowl using BetRivers online sportsbook.

PointsBet

Visit: PointsBet and claim up to $2,000 in Risk-Free Bets

PointsBet presents one of the most unique sports betting platforms in the US market. The sportsbook’s signature “PointsBetting” style of wagering allows bettors to win or lose more money based on the final margin of a game.

Six states currently enjoy access to PointsBet online sportsbook (NJ, IL, IA, CO, IN, MI).

Sportsbook Odds Boost

Super Bowl Bonus Offers at US Online Sportsbook Apps

• FanDuel Sportsbook: New members can place a $5 bet on the winner of the Super Bowl and win $275. (Minimum deposit is $10.)
• FanDuel Sportsbook: All members can receive $25 same-game parlay insurance on the Super Bowl if one leg loses. (Minimum odds -200 for each leg or combined odds +200.)
• FanDuel Sportsbook: All members can participate in the Big Game Bingo for free. Connect five prop bets and win up to $100,000 in prizes.
• BetMGM Sportsbook: Place a $25 one-game parlay on the Super Bowl and receive a $10 free bet for use on any sport.
• BetMGM Sportsbook: Opt-in for a risk-free prop on the first touchdown scorer up to $20. If you lose, you get your money back as a free bet.
• BetRivers Sportsbook: Make your first deposit (minimum $100) with code BIGGAME500 for four $25 free bets and an additional $400 in free bets when you wager at least $100 on the Super Bowl.
• BetRivers Sportsbook: Bet $55 on the Super Bowl (odds minimum -200 or greater) for $55 of free bets in five $11 installments with code SB55.
• PointsBet Sportsbook: New members can receive up to $50 in free bets with the Big Game Goat Insurance if your pick for Super Bowl winner loses by 43 points or less. Maximum bet is $50.
• DraftKings Sportsbook: First-time depositors can double their money if a touchdown is scored by either team. (Maximum bet $50. Opt-in required before placing bet. Not available in Pennsylvania.)

Welcome Bonus Offers At The Top Legal US Online Sportsbooks

• BetMGM – Risk-free bet up to $500
• FanDuel Sportsbook – Risk-free bet up to $1,000
• DraftKings Sportsbook – 20% deposit match bonus up to $1,000
• PointsBet – Risk-free bet up to $500
• BetRivers – 100% deposit match up to $250

How To Place Online Super Bowl Bets

Choose Your Online Sportsbook

Most US states with legal online sports betting put multiple mobile sports betting apps at your fingertips. The welcome bonuses, as well as the lines on the Super Bowl, differ from sportsbook to sportsbook.

Check out Gaming Today for comprehensive coverage on which online sportsbooks operate in your state. Once you’ve chosen a sportsbook, you’ll need to provide proof of age and identity to register for a new account.

Make Your First Deposit

Once your account details are verified by the sportsbook, you’re ready to deposit funds and start wagering on games like the Super Bowl.

Navigating to the cashier at your chosen sportsbook displays all of the different deposit options. Some of the most reliable deposit methods include PayPal, Play+, debit/credit cards, and ACH/eCheck.

Cashing Out

Legal online sportsbooks offer myriad ways to bet on the Super Bowl. Once you’ve deposited and placed your bets, several different options exist for withdrawing your winnings.

PayPal, ACH/eCheck, and Play+ represent some of the fastest ways to cash out when your Super Bowl wagers win.

How Super Bowl Betting Odds Are Calculated

Point Spread Bets

US sportsbooks display the potential payout on a bet using American odds. American odds put a “+” or “-“ sign in front of the payout line on a given bet.

Last year’s Super Bowl point spread offered at BetMGM looked like this:

Calculating Negative American Odds

The line on San Francisco added 1.5 points to the underdog 49ers’ final score. If the 49ers lost by 1 point, or outright won the game, the bet paid at (-112) American odds.

To calculate the (-112) payout, divide 100 by 112 (without the minus sign) and multiply that quotient by the amount wagered. A $50 bet on the 49ers, for example, would calculate as (100/112)*$50, which equals $44.64.

A $50 winning bet on San Francisco would return $94.64 to the bettor ($44.64 profit plus the original $50 bet).

Moneyline Bets

A moneyline bet takes the point spread out of the equation and tasks the bettor with simply picking the winner of the game straight up. The favorite and underdog odds usually vary more in a moneyline bet versus a point spread bet.

The BetMGM moneyline on last year’s Super Bowl looked like this:

Calculating Positive American Odds

To calculate the (+105) moneyline odds on the 49ers, divide 105 by 100 and multiply that quotient by the amount of the wager. A $50 winning moneyline bet on San Francisco would be calculated as (105/100)*$50, which comes out to $52.50.

A $50 winning moneyline bet on the 49ers would return $102.50 to the bettor ($52.50 profit plus the original $50 bet.)

NFL Super Bowl Odds And Betting

The point spread and moneyline styles of betting outlined above represent the two most popular ways to bet on the Super Bowl. When Super Bowl 55 comes around, legal online sportsbooks will present several other ways to bet on the big game as well.

Totals

Totals bets, aka over/under, task the bettor with choosing whether the final score of the game will finish over or under a given line.

Last year’s Super Bowl, for instance, saw BetMGM set the totals line at 54.5 points. The Chiefs won the game 31-20, with 51 total points scored and the under bet winning.

Parlays

Parlays offer some of the most enticing action available at a sportsbook. Parlays combine multiple bets on one ticket, increasing the payout odds with each added bet.

All bets on a parlay must win for the ticket to pay off. Even one losing bet makes the parlay a loser.

What Is An NFL Futures Bet?

The “Current Super Bowl Odds 2021” table near the top of this page lists futures bets on the Super Bowl LV Championship.

A futures bet represents a wager on an event that will happen in the future, over a span that takes longer than a single game. Super Bowl futures bets can be placed any time up until the two competing teams for the game are determined.

Las Vegas Casino Sportsbook Odds

Immediately after the conclusion of the Super Bowl, sportsbooks start offering futures odds on next year’s game. Other futures markets include betting on the league MVP, Rookie of the Year, and statistical leaders.

What Is A Super Bowl Prop Bet?

Super Bowl prop bets cover just about every aspect of the NFL championship game not directly related to the final score. These wagers offer markets on predicting the Super Bowl MVP, which player will score the first touchdown, and even whether any attempted field goal will hit the crossbar at some point in the game.

Last year’s Super Bowl props offered at DraftKings Sportsbook amounted to hundreds of different ways to wager on the game. Most of the wagers offered on the DraftKings list still fell in the category of on-field prop bets, awarding sharp bettors for their research and wager selection.

Other kinds of prop bets, like exotic bets, offer fun betting markets largely based on luck. These markets can include betting on which team wins the coin toss, or the length of the National Anthem.

Strategies For Betting On The Super Bowl

As with all NFL games, sharp bettors take advantage of any kind of edge they can find when betting on the Super Bowl.

Research will pay off when it comes to picking the winner of Super Bowl LV, and that includes knowing about injuries, weather, or even dissension in the locker room. Aside from those factors, skilled bettors also utilize the following strategies:

Alternate Lines

Some sportsbooks offer multiple lines and payout odds on the Super Bowl. Super Bowl 54, for instance, wasn’t just limited to the 1.5 point spread between the 49ers and Chiefs.

Depending on where you looked, lines like Kansas City (+12.5, -700) and San Francisco (-12.5, +400) could be found.

Fading The Public

Sportsbooks cash in big when the majority of bets come in on one side and that team loses.

Fading the public tries to take advantage of the sportsbook’s inherent process of setting lines that produce the highest revenues for the house. To fade the public, simply bet against what the majority is doing.

Middling

Middling involves placing a bet on one team, waiting for sportsbooks to move the line, and then betting on the other team. This strategy makes it possible to win on both the favorite and underdog side of a bet.

Super Bowl XIII, for example, featured the favored Pittsburgh Steelers opening at (-3.5) over the Dallas Cowboys. As the game approached, the line moved to a (-4.5) spread.

Bettors that took the Steelers (-3.5) and the Cowboys (+4.5) got paid big. Pittsburgh won the game 35-31, and the middling betting strategy played out to perfection for astute bettors.

Super Bowl Odds FAQs

Yes, but only in states that offer legal sports betting. More than 20 states currently offer legal sports betting in some form.

Online sports betting is legal in states like New Jersey, Nevada, Pennsylvania, Indiana, Illinois, Colorado, West Virginia, and a few others. Gaming Today provides constant updates on where different states stand on sports betting.

Office pools, as popular as they are, technically aren’t allowed under US law.

Some of the best online sportsbooks include DraftKings Sportsbook, FanDuel Sportsbook, PointsBet, BetRivers, and BetMGM.

All of these platforms offer comprehensive menus of traditional wagers and prop bets on Super Bowl 55.

21 or over in most states. With a few exceptions, most states offering legal sports betting set the minimum age at 21.

Some jurisdictions set the minimum age at 18, however, including Montana, Rhode Island, New Hampshire, Delaware, and Washington DC.

Yes, but only at state-regulated, legal online sportsbooks. Legal sportsbooks can be identified by the seal of approval displayed by the gaming regulation agency in their respective states.

Any online gambling sites not approved by US-based regulators are operating illegally. Your money and personal information may not be safe at these sites.

Yes. Live betting offers the opportunity to wager on the 2021 Super Bowl as it’s happening, based on what’s already transpired in the game. At halftime, for instance, you can wager on what team will win the game based on the halftime score.

Live betting includes in-play wagering, with lines that change every few seconds throughout the game.

Sportsbook Odds Board

Super Bowl 55 prop bets will include markets on what player will win the Super Bowl MVP, who will score the first touchdown, and many other markets related to on-field events.

The Super Bowl opens up an entire world of exotic prop bets each year, largely unrelated to predicting what will happen between the two teams.

Exotic prop bets can include wagers on what side will land face up in the coin toss, or even the color of the liquid poured over the winning head coach after the game.

Yes. Popular exotic prop bets for the Super Bowl often include betting on the length of the National Anthem, what unannounced guests might appear on the halftime show, and which company will land the first commercial after kickoff.

The defending champions Kansas City Chiefs currently stand as the consensus favorite to win Super Bowl LV. The Green Bay Packers, Buffalo Bills, and New Orleans Saints round out the top four contenders going into the 2020-21 playoffs.

Super Bowl LV will take place on Feb. 7 from Raymond James Stadium in Tampa, FL.