What does vegas say about the super bowl

Gamblers line up by the thousands all weekend long on the Las Vegas Strip to put down their bets. The first Super Bowl was on Jan. More than 50 years later, Pittsburgh and New England hold the record for the most championship titles with six. Dallas and San Francisco are tied for third with five each. The championship game is broadcast in seven languages in countries and territories. Some viewers watch just for the entertaining commercials. Others for the big name on the halftime show.

But the overwhelming majority are here for football, and most have some money on the game. What does this mean? To win on the money line, you just have to pick a winner — period. The numbers are only related to the payout of a winning ticket. If Atlanta, as the underdog, wins the game or loses by less than three points, it covers the spread.

Since New England won six points , those betting on the Patriots won as they covered the three-point spread. You choose which side on the bet you want to be on — over or under that total score for the championship. The Falcons were These are futures bets, since a wager is for an event that concludes in the future. As the season progresses and these two teams keep on winning, a futures bet is still available, but the odds are likely a lot lower.

These bets are why the lineups are so long in Las Vegas, and why the wait is even longer. Everyone in line is betting some sort of prop bet. The list of bets is endless, starting with odds on the exact final score for each team, to who will win the MVP award, who will catch how many passes, and on and on and on.

For those who want to know how to bet on the Super Bowl in Vegas, they must first know when it takes place! These lines typically begin at points well above the number associated with each team in the official game line and range well into the other side of the bet, i.

Alternate lines offered could have included a wagering opportunity on the Chiefs as seven-point favorites instead. Live betting offers bettors the opportunity to place wagers on the point spread, moneyline or projected total of a game as odds on each fluctuate depending on the flow of a game. Rather, if, for example, the favored team unexpectedly falls behind by a two-touchdown margin in the first half, the bettor can hedge his original wager by investing in a new line with odds that reflect how the game is unfolding.

A teaser bet is based on multiple games and enables the bettor to adjust the official point spread anywhere between four and 10 points, depending on sport.

For football, the allowable range if six, 6. For a teaser bet to pay out, each leg of the wager must be a winner. If both Kansas City and San Francisco win their games by at least two points, respectively, the teaser bet is a winner. The appeal of teaser bets is the ability to manipulate the spread, and in the process, significantly increase the odds of the wager being successful.

Bettors should particularly be aware of these sportsbooks, which all have Super Bowl odds posted:. All three sportsbooks will have a wide selection of special offers and promotions for Super Bowl LV aimed at both first-time and existing customers. With any purchase, shopping for the best price is advisable. Sports betting is no different. Other sportsbook-to-sportsbook variables that are important for a better to also be conscious of include possible differences in the point spread and projected total posted for a particular game.

The strategy of betting against the most popular side of a bet can pay off on occasion. The line, in turn, could move to a point where a team is favored by an increasingly unrealistic amount of points. The same could hold true for a projected total that gets bet up to a certain level due to the offensive reputations of one or both of the teams. However, where advanced metrics can be particularly helpful is when making individual- or team-based prop wagers.

The same could apply to countless other such prop wagers, such as a quarterback reaching the yard threshold and a running back eclipsing the yard mark, to cite just two other examples. A good example from a recent Super Bowl was the matchup between the Chiefs and 49ers, involving San Francisco star tight end George Kittle.

A bettor evaluating this wager might have gone with the Over when considering Kansas City faced the second-most tight end targets in the league last season and tied for the third-most catches 96 allowed to the position.

Kittle finished the game with four catches, just slightly under the number — a win for Under bettors. Football is considered the most popular sport to utilize this strategy.

However, it ironically helps mitigate the risk involved by significantly upping the chances of one of the two bets being a winner. Middling is typically made possible when there is notable line movement on a game within a week. A bettor initially places a wager on this line, but over the course of the two weeks, the line is bet up even further to a seven-point projected advantage for KC. San Francisco to lose by six points or less or win outright.

Legal, regulated sportsbooks typically offer a variety of enticing promotions, for both first-time and existing customers. Those offers are even more prominent for an event the magnitude of the Super Bowl. Those physically located within a total of 18 states will have the option of placing wagers on Super Bowl LV at a legal, regulated sportsbook.

Another five currently only allow wagering at physical sportsbooks. That number is expected to increase based on a certain amount of sports betting bills across the country gaining passage during The following states already offer legal online sports betting options:. The above list will be growing longer before too long. An additional four states have passed legislation to offer retail or sports betting online, but the official launch is still pending.

The Super Bowl is annually the most lucrative single-event sports betting opportunity. At many sportsbooks, proposition bets constitute more than half of the wagers and amount placed for the Super Bowl. Like and follow Vegas Nation. November 11, - pm November 11, - pm. Circa Survivor field slashed after upset-filled weeks in NFL. Handicapping contest tracker: More winners at Circa, Westgate.

The results are based on the score at halftime, regardless of what the final score ends up being. By now everyone is familiar with the crazy props available on the Super Bowl each year. You can bet on just about anything.