But if they are defeated by more than five points, you will lose your bet. When a negative (-) number appears, it indicates which team is the bookmaker’s favorite to win the matchup, and a positive (+) number indicates which team is the underdog in the match-up.įor example (using the odds above), betting on the New York Giants to win as underdogs (+4), they must either beat the Chicago Bears or lose by a margin of four points or less in order for you to win your wager. NFL Super Bowl spread bets allow you to wager on whether a team will win or lose by a certain margin – the spread (aka the handicap). When you wager on the underdog at +110, a winning bet will pay you $110 for every $100 wagered, for a total return of $210 ($100 initial stake + $110 winnings = total payment of $200). Winning moneyline bets on the NFL are paid out based on the odds associated with the wager at online NFL betting sites.Ĭonsider the following scenario: if you bet $110 on the favorite at -110, you could gain $100 for every $110 invested, for a total return of $210 ($110 initial investment + $100 winnings = $210 total payout). Super Bowl Wagering Options: The Most Popular Bets Moneyline for the Super Bowlĭo you want to bet on who will win the Super Bowl once the finalists have been determined? This is called a moneyline bet.
11, 2024, at Allegiant Stadium in Las Vegas. The NFL has announced that Super Bowl LVIII will be played at Feb.
