Super Bowl Guide – How to bet on the Super Bowl 52?
The Super Bowl 52 is just around the corner, with Philadelphia Eagles facing New England Patriots at the U.S. Bank Stadium in Minneapolis, Minnesota this Sunday.
The Eagles have a great opportunity to win their first Super Bowl title in franchise history and first Championship trophy overall since the 1960 season. Meanwhile, the New England Patriots are back to the Super Bowl in search of a 6th title and will be looking to match the Pittsburgh Steelers’ record this Sunday.
Super Bowl 52 Betting Explained
Super Bowl became the most-wagered single annual event in the world over the past few years. It started with a $132 million bet on the game between the Denver Broncos and the Carolina Panthers back in 2016 and continued last year when there were approximately $5 billion wagered across the U.S.A.
The interesting fact is that since Nevada Gaming Control began tracking wagering on the Super Bowl back in 1991, the state biggest’ bookmakers have come out ahead in 25 of 27 games. The only loses came in 20008 when New York Giants beat the Patriots and in 1995 when San Francisco 49ers won against San Diego Chargers. During this run, the bookies made a profit of $173.6 million in the Super Bowl.
Early betting action
The amount bet on Super Bowl 52 in the first day at William Hill U.S. was up more than 30% compared to the first 24 hours of wagering on the previous Super Bowl edition.
A bettor at a CG Technology sportsbook placed three separate money-line wagers on the Eagles a week ago, totalling $700,000 with a potential win of over $1 million.
Another better at the South Point casino placed four money-line wagers totalling $500,000 on the Eagles last Thursday. The bet was reported by Vegas Stats & Information Network and will produce $820,000 profit.
One of the biggest bets was placed last Wednesday though, as a better placed a multimillion-dollar on the Eagles at an MGM sportsbook and soon after that, the Super Bowl line dropped from Patriots -5.5 to -4.5.
Super Bowl 52 Betting odds and Markets
Just a couple of minutes after the Conference fixtures were over, the bookmakers started to list the Super Bowl odds allowing the bettors and pundits across the world to land bets on it. There’s multitude of markets and odds, from Super Bowl winning odds, Super Bowl point spreads, Super Bowl betting line, Over/Under to trivial bets such as what the coin toss will be. It’s very important to check the betting lines periodically, as the odds are subject to change over any little factor that pops up until the Super Bowl 52 kick off.
Super Bowl Moneyline betting odds
This betting option is the simplest form of Super Bowl bet available. The moneyline option allows pundits to bet on who will win this Super Bowl tie. It’s a head-to-head bet, including overtime. The moneyline on Philadelphia Eagles is 17/10 with William Hill, while New England Patriots are priced at odds 1/2.
Super Bowl Point Spread betting odds
Although the moneyline betting option is the easiest way of placing a bet on this event, the Point Spread is the most popular option. This is similar to the Handicap option used in the other sports such as football, tennis, basketball etc. Eagles are the underdogs here, which means that the Patriots are favored. The point spread line was -5.5 on Patriots, but after some huge bets on the Eagles, the line is now -4.5 on Patriots. This means that if you place a -4.5 point spread bet on Patriots, they need to win by 5 or more points. On the flip side, if you decide to place a +4.5 bet on the Eagles, they need to win the game or lose by no more than four points. An interesting fact is that in the recent Super Bowl history, the underdog in the point spread has gone 12-4 in the last 16 years.
Super Bowl Over/Under betting odds
The Super Bowl Over/Under market is the same for all sports, although the lines are different. It’s a popular betting option which allows bettors to choose the number of points in the game. The lines for this event were between 47.5 and 48.5 points, but they are now stable at 48 points at William Hill. Both teams had similar records in terms of over/under this year, as the Patriots went 7-9 while the Eagles went 8-8. In addition, the over number has hit in six Super Bowls.
Super Bowl MVP betting odds
The Super Bowl allows the punters the opportunity to bet on who will be the most valuable player for a single game. Actually, the bettors have this option during the NFL regular season when they can place a bet of the MVP of the season. Tom Brady of the Patriots is definitely the favourite player to win this award and the bookies knows that, as he is only priced at odds 4/7 with William Hill.
Super Bowl Prop betting odds
A prop bet means that the bookmaker offers a proposition, as for example you can place a bet on how many touchdowns will be scored in the Super Bowl or the length of the pre-game national anthem or whether or not a certain celebrity will be seen in the stands. At the moment, you can find the following prop bets at William Hill: Team with Most Turnovers, 1st Team to Turnover, Will There Be Overtime?, and Will There Be A Safety?.