The Kansas City Chiefs and Philadelphia Eagles are the last two teams remaining in the NFL Playoffs, and it’s a perfect time to learn to how to bet on Super Bowl 57.
The Super Bowl is annually the biggest sports betting event in the US and Super Bowl odds are available at top sportsbooks throughout the year.
Super Bowl 57 will be played today at State Farm Stadium in Glendale, Arizona. Kickoff is scheduled for 6:30 p.m. ET with live coverage on FOX. Last year, the Los Angeles Rams defeated the Cincinnati Bengals, 23-20, in Super Bowl 56.
If you’re wondering how to bet on the Super Bowl — and where — you’ve come to the right place. Below, we break down the top online sports betting options for Super Bowl 57.
Best Super Bowl Betting Sites With Bonus Offers
At top-rated online sports betting apps, you’ll find some amazing Super Bowl offers in 2023.
There are several great reasons to sign up with more than one sportsbook. Here are some of the best Super Bowl betting promos you should consider claiming before the Big Game (click the offer to claim it).
- DraftKings: $50 bonus bet, $1,000 deposit match; Bet $5 and Get $200
- BetMGM: First Bet Offer up to $1,000 paid back in Bonus Bets (if you don’t win) with bonus code GTODAY50
- Caesars: Up to $1,250 On Caesars + 1,000 Tier Credits + 1,000 Reward Credits®
- BetRivers: Second Chance Bet up to $500
- FanDuel: Claim Your ‘No Sweat First Bet’ up to $3,000
- PointsBet: Click to Claim Second Chance Bet Credits up to $250
How to Bet on the Super Bowl
Let’s walk through the steps you need to take before making a bet on the Super Bowl. We’re going to use Caesars Sportsbook in our example, but the sign-up process to create your new account is similar to the other sportsbooks referenced above.
- Start by clicking on our exclusive Caesars promo code link to download the Caesars Sportsbook app.
- Enter the promo code “TODAYFULL” when prompted.
- Sign up for your new account by providing the required personal information.
- Make a deposit using PayPal, online banking, debit/credit card, or ACH eCheck.
- Navigate on Caesars Sportsbook’s app to the Super Bowl odds.
- Place your first bet!
Sportsbook Reviews for Super Bowl Betting
Gaming Today highly recommends using the following sportsbooks for betting on the Super Bowl. We also recommend opening accounts at multiple sportsbooks. This will allow you to compare Super Bowl odds being offered across the industry, and ultimately, to lock in the best prices on your wagers. You will also enjoy multiple betting bonuses to help build your bankroll before the Big Game.
DraftKings Sportsbook
DraftKings receives our vote for the best overall betting experience. New and seasoned bettors alike will find everything they need to bet on the Super Bowl at DraftKings.
We’ll discuss these bet types in more detail later, but you’ll find spread, moneyline, totals, props, futures, parlays, same-game-parlays, teasers, live bets, alternate betting lines, and more at DraftKings.
>> Claim up to $1,200 at DraftKings Sportsbook
BetMGM
“The King of Sportsbooks” is another highly recommended option for betting on the Super Bowl. BetMGM is known for offering competitive NFL odds. You’ll also enjoy many different ways to bet on the Super Bowl (see DraftKings above).
BetMGM also boasts one of the best customer loyalty rewards programs in the industry. BetMGM customers are automatically enrolled in MGM Rewards. Rewards points can be redeemed for bonus credits toward sports bets, casino play, or hotel stays.
>> Claim up to $1,000 at BetMGM Sportsbook with bonus code GTODAY50
Caesars Sportsbook
Caesars is another “best-in-class” sportsbook that provides quality odds and endless betting opportunities for the Super Bowl.
Caesars is also known for offering more daily odds boosts than most online sportsbooks in the US. Odds boosts help Caesars Sportsbook’s customers maximize their winning potential.
>> Claim up to $1,250 at Caesars Sportsbook
FanDuel
Like DraftKings, FanDuel was a major player in daily fantasy sports (DFS) before becoming a top option among online sportsbooks.
FanDuel has been offering a “No Sweat Same-Game Parlay” for the NFL Playoffs. Play a same-game parlay bet with at least three legs, and if your wager loses, FanDuel will refund you in the form of bonus bets.
>> Claim Your $3,000 ‘No Sweat First Bet’ at FanDuel Sportsbook
PointsBet
PointsBet offers a unique form of wagering called Points Betting. Bettors can win – or lose – more depending on the game’s final outcome.
If your bet wins by one point (against the spread), you’ll win 1X your bet amount. If your wager wins by two points, you win 2X your bet amount. The sliding scale maxes out at 10. The process works in reverse, too, on losing bets. PointsBet also offers fixed-odds wagering for those who enjoy a more traditional approach to sports betting.
>> Claim up to $250 in Second Chance Bet Credits at PointsBet
BetRivers
BetRivers is another brand name in the industry, and we recommend it for betting on the Super Bowl.
The sportsbook’s welcome bonus offers second-chance bets to new users and it does not require any playthrough for this promotion, which is a rarity in the industry.
>> Claim up to $500 at BetRivers with bonus code TODAYRIV to receive a second chance free bet
Super Bowl Betting Tips & Guide
As mentioned earlier, there are so many ways to bet on the Big Game.
The Super Bowl is known for having the most betting options of any sporting event around the world. This has a lot to do with prop bets, which we will explain in detail below.
All of the above sportsbooks will offer hundreds of betting options for this year’s contest. Let’s take a look at each and how to bet on the Super Bowl in a variety of different ways.
Straight Bet
Team Point Spread
Chiefs +1.5 (-110)
Eagles -1.5 (-110)
A straight bet is made on the point spread. DraftKings was offering the Eagles as a short favorite against the Chiefs.
Philadelphia was laying -1.5 points at most sportsbooks, so it would need to win the game by at least two points to cover the spread. Underdog Kansas City could lose the game by a single point and still cover the spread.
You’ll notice the -110 odds here. These are standard odds in sports betting, and it means you are betting $11 to win $10. Sportsbooks charge a fee to handle bets, and this is commonly known as the vig. At standard odds of -110, the vig computes to 4.36%. The vig is only applied on losing bets.
Moneyline Bets
DraftKings Spread Moneyline Total
Chiefs +1.5 (-110) +105 O 51 (-110)
Eagles -1.5 (-110) -125 U 51 (-110)
Moneyline odds are offered on teams to win the game outright. It doesn’t matter how many points a team wins or loses by. The betting line for Super Bowl 57 is listed above. It includes the spread, moneyline, and total.
The Eagles are -120 on the moneyline. This means you’d need to bet $120 to win $100 on the favorite. The underdog Chiefs are even money at +100. A $100 bet will pay out $100 if Kansas City wins the game. We use $100 as a benchmark figure to make our calculations easier. You don’t have to bet that much.
Use our moneyline calculator to see how much your Super Bowl bets will pay out.
Totals
Totals are also called over-unders because you are betting Under or Over a set number of total points to be scored in the game. This is the combined number of points scored by both teams.
The Chiefs-Eagles total is 51 at most sportsbooks. If you bet the Over, a minimum of 52 points must be scored to win the bet. Under bettors will need a maximum of 50 points scored to cash their bet. If the Chiefs and Eagles combine to score 51 points, this is known as a “push” and you’ll receive your bet stake back.
Prop Bets
Prop bets are synonymous with the Super Bowl. How long will it take to sing the national anthem? Heads or tails on the coin toss? What color of Gatorade will be poured on the winning coach? These are examples of exotic prop bets for the Super Bowl.
Props are also offered on the number of passing, receiving, or rushing yards a player will have in the Super Bowl. Kansas City quarterback Patrick Mahomes’ passing yard prop was set at 293.5 at DraftKings. He must throw for at least 294 yards for you to win the Over bet. Anything under 294 yards means the Under will hit.
There are props offered on the first touchdown scorer and anytime TD scorers. Team props are also available. These include the method of victory (FG, TD, etc.) and the type of first scoring play. You’ll also find total team points, total team TDs, total team turnovers, and more.
There are so many Super Bowl props to consider, and space precludes us from naming them all. Westgate SuperBook in Las Vegas is known for releasing Super Bowl props first each year. The SuperBook’s booklet included 32 pages of props last year for Super Bowl 56.
Parlays
Parlays require multiple outcomes to be correct in order for you to win the bet. The more legs (betting markets) you add to a parlay, the more your potential payout will be. Here’s an example of the payouts:
- Two-team parlay: 2.6-1
- Three-team parlay: 6-1
- Four-team parlay: 11-1
The payouts get progressively higher as you keep adding legs, but we don’t recommend betting parlays with more than four legs involved. Parlays are inherently harder to cash because all of the outcomes need to be correct for you to win. Let’s use the Super Bowl 57 to illustrate how a two-team parlay works.
- Bet: $10 on Eagles -1.5 and Over 51
- Potential payout: $26
You’ll need the Eagles to win by at least two points and more than 51 points to be scored in the game to win this parlay bet.
Let’s say the Eagles win the game, 34-20. Congratulations, both legs of your parlay were correct and you won the bet!
Use Gaming Today’s parlay calculator when making these types of bets on the Super Bowl. You can find your parlay odds, the implied probability of winning, and the potential payout.
Same-Game Parlays
Same-game parlays (SGP) have become increasingly popular in recent years. Here’s an example using Super Bowl 57 odds:
- Chiefs ML
- Chiefs Over 23.5 points
- Travis Kelce Scores at Least Two TDs
- Bet Amount: $100
- Parlay Odds: +700
- Implied Probability: 12.5%
- Potential Payout: $800 ($700 in winnings and $100 stake back)
How does this SGP work? You need three things to happen to win this bet. The Chiefs need to win the game outright, and score at least 24 points in the process. Chiefs tight end Travis Kelce must score a minimum of two TDs.
Let’s say Kelce scores two TDs, and the Chiefs win by a score of 28-17. Celebrate! You’ve just cashed a winning SGP.
Futures Bets
When making a futures bet, you’re wagering on an outcome that — you guessed it — takes place in the future. Futures odds are offered on the Super Bowl throughout the year. These odds can fluctuate over the course of a five-month season and throughout the offseason. It’s always wise to compare futures odds at multiple sportsbooks to get the best price for your bet.
Entering the conference championship weekend, here’s how DraftKings‘ Super Bowl 57 futures odds appeared:
- Eagles +240
- Bengals +250
- Chiefs +270
- 49ers +330
The Eagles were the betting favorites at +240. A $100 bet would pay out $240 in profit if Philadelphia wins Super Bowl 57. The 49ers had the longest odds. A $100 bet would return $330 in winnings if San Francisco wins Super Bowl 57. Important note: You will receive your original bet amount back on winning wagers, too.
As we now know, the Chiefs and Eagles advanced to Super Bowl 57. Congratulations if you’re holding a futures ticket on either team!
Another popular betting market involves wagering on the Super Bowl MVP odds. Here’s what those odds looked like at DraftKings:
- Patrick Mahomes +120
- Jalen Hurts +135
- Travis Kelce +1200
- AJ Brown +1600
- Miles Sanders +2200
- Devonta Smith +3000
- Haason Reddick +3000
The top-two betting favorites were both quarterbacks. Chiefs QB Patrick Mahomes is the favorite at +120. A $100 bet on Mahomes will pay out $120 in winnings. What if you take a chance on Philly WR Devonta Smith? A $100 bet will return $3,000 in winnings if Smith is named Super Bowl MVP!
Teasers
Teasers allow you to shift the point spread in your favor by six or seven points. Like a parlay, you must have a minimum of two legs with these bets. Let’s use the standard six-point teaser in our example here. These are usually priced at $120 to win $100.
Super Bowl 57 Teaser
- Chiefs +7.5 and Over 45
You’ll recall that the spread for this game was Chiefs +1.5 and the total was 51. You can adjust the spread and total by six points in your favor and in either direction. We are teasing the Chiefs up through the key number of 7, and the total down to 45.
Let’s say the Eagles beat the Chiefs, 27-20. You just cashed your teaser. Nice work!
Live Bets
Live bets are also known as in-game bets. They are placed after a game has officially started. Oddsmakers offer new odds on a real-time basis based on how the game is playing out. This is a fast-paced style of wagering that requires a speedy sports betting app. Live betting markets include straight, moneyline, totals, and more.
Alternate Betting Lines
All of the major sportsbooks we recommend offer alternate betting lines on the Super Bowl. Alternate spreads and totals allow bettors to gain more value. For example, if you believe the Chiefs will win by a touchdown, you’ll bet them on the alternate spread. DraftKings offered Kansas City -6.5 at odds of +235. That’s much better than taking the Chiefs +1.5 at -110.
Octopus Bet
With this wager, you’re betting on a player to score both a touchdown and the subsequent 2-point conversion. DraftKings was offering +1400 odds on “Yes” and -5000 on “No” for Super Bowl 57.
Super Bowl 57 Schedule
| 🗓 Date: | Feb. 12, 2023 |
| 🚩 Location: | State Farm Stadium (1 Cardinals Dr, Glendale, Arizona 85305) |
| ⌚️ Time: | 6:30 p.m. ET |
| 📺 TV Channel: | FOX |
Super Bowl Betting History
Super Bowl Teams Spread Total Winner/Final Score ATS Cover Over/Under
56 Rams-Bengals Rams -4.5 48.5 Rams 23-20 Bengals Under
55 Chiefs-Bucs Chiefs -3.5 56.5 Buccaneers 31-9 Buccaneers Under
54 Chiefs-49ers Chiefs -1.5 53.5 Chiefs 31-21 Chiefs Under
53 Rams-Patriots Patriots -3 55.5 Patriots 13-3 Patriots Under
52 Patriots-Eagles Patriots -4.5 49 Eagles 41-33 Eagles Over
51 Falcons-Patriots Patriots -3 57.5 Patriots 34-28 Patriots Over
50 Broncos-Panthers Panthers -4.5 43 Broncos 24-10 Broncos Under
49 Seahawks-Patriots Seahawks -1 47.5 Patriots 28-24 Patriots Over
48 Broncos-Seahawks Broncos -2 47.5 Seahawks 43-8 Seahawks Over
47 49ers-Ravens 49ers -4.5 48 Ravens 34-31 Ravens Over
46 Patriots-Giants Patriots -2.5 53 Giants 21-17 Giants Under
45 Packers-Steelers Packers -3 45 Packers 31-25 Packers Over
44 Colts-Saints Colts -5 57 Saints 31-17 Saints Under
43 Cardinals-Steelers Steelers -7 46 Steelers 27-23 Cardinals Over
42 Patriots-Giants Patriots -12 55 Giants 17-14 Giants Under
41 Bears-Colts Colts -7 47 Colts 29-17 Colts Under
40 Steelers-Seahawks Steelers -4 47 Steelers 21-10 Steelers Under
39 Eagles-Patriots Patriots -7 46.5 Patriots 24-21 Eagles Under
38 Patriots-Panthers Patriots -7 46.5 Patriots 32-29 Panthers Over
37 Buccaneers-Raiders Raiders -4 44 Buccaneers 48-21 Buccaneers Over
36 Patriots-Rams Rams -14 53 Patriots 20-17 Patriots Under
35 Giants-Ravens Ravens -3 33 Ravens 34-7 Ravens Over
34 Titans-Rams Rams -7 45 Rams 23-16 Push Under
33 Falcons-Broncos Broncos -7.5 52.5 Broncos 34-19 Broncos Over
32 Broncos-Packers Packers -10.5 49 Broncos 31-24 Broncos Over
31 Packers-Patriots Packers -14 49 Packers 35-21 Push Over
30 Steelers-Cowboys Cowboys -13.5 51 Cowboys 27-17 Steelers Under
29 49ers-Chargers 49ers -18.5 53.5 49ers 49-26 49ers Over
28 Bills-Cowboys Cowboys -11 50.5 Cowboys 30-13 Cowboys Under
27 Bills-Cowboys Cowboys -6.5 44.5 Cowboys 52-17 Cowboys Over
26 Bills-Redskins Redskins -7 49 Redskins 37-24 Redskins Over
25 Giants-Bills Bills -7 40.5 Giants 20-19 Giants Under
24 Broncos-49ers 49ers -12.5 48 49ers 55-10 49ers Over
23 49ers-Bengals 49ers -7 48 49ers 20-16 Bengals Under
22 Broncos-Redskins Broncos -3 47 Redskins 42-10 Redskins Over
21 Giants-Broncos Giants -9.5 40 Giants 39-20 Giants Over
20 Patriots-Bears Bears -10 37.5 Bears 46-10 Bears Over
19 49ers-Dolphins 49ers -3.5 53.5 49ers 38-16 49ers Over
18 Raiders-Redskins Redskins -3 48 Raiders 38-9 Raiders Under
17 Redskins-Dolphins Dolphins -3 36.5 Redskins 27-17 Redskins Over
16 Bengals-49ers 49ers -1 48 49ers 26-21 49ers Under
15 Eagles-Raiders Eagles -3 37.5 Raiders 27-10 Raiders Under
14 Steelers-Rams Steelers -10.5 36 Steelers 31-19 Steelers Over
13 Cowboys-Steelers Steelers -3.5 37 Steelers 35-31 Steelers Over
12 Broncos-Cowboys Cowboys -6 39 Cowboys 27-10 Cowboys Under
11 Vikings-Raiders Raiders -4 38 Raiders 34-14 Raiders Over
10 Steelers-Cowboys Steelers -7 36 Steelers 21-17 Cowboys Over
9 Vikings-Steelers Steelers -3 33 Steelers 16-6 Steelers Under
8 Dolphins-Vikings Dolphins -6.5 33 Dolphins 24-7 Dolphins Under
7 Redskins-Dolphins Dolphins -1 33 Dolphins 14-7 Dolphins Under
6 Dolphins-Cowboys Cowboys -6 34 Cowboys 24-3 Cowboys Under
5 Cowboys-Colts Colts -2.5 36 Colts 16-13 Colts Under
4 Chiefs-Vikings Vikings -12 39 Chiefs 23-7 Chiefs Under
3 Jets-Colts Colts -18 40 Jets 16-7 Jets Under
2 Raiders-Packers Packers -13.5 43 Packers 33-14 Packers Over
1 Packers-Chiefs Packers -14 N/A Packers 35-10 Packers N/A
Where You Can Bet on Super Bowl 2023
State Online or Retail
Arizona Both
Arkansas Both
Colorado Both
Delaware Both
Illinois Both
Indiana Both
Iowa Both
Kansas Both
Louisiana Both
Maryland Both
Michigan Both
Mississippi Retail
Montana Retail
Nevada Both
New Hampshire Both
New Jersey Both
New Mexico Both
New York Both
North Carolina Retail
Ohio Both
Oregon Both
Pennsylvania Both
Rhode Island Both
Tennessee Mobile
Virginia Mobile
DC Both
Washington Both
West Virginia Both
Wisconsin Retail
Wyoming Both
How to Bet on the Super Bowl FAQ
The easiest way to bet on the Super Bowl is to get started with a top online sports betting app, like DraftKings, and place a moneyline bet on the outright winner of the game. You can take advantage of any welcome bonuses as a new user. DraftKings, for example, offers a $50 bonus bet after a minimum $5 deposit. DraftKings also offers a 20% deposit match up to $1,000. For a limited time, you can also Bet $5 and Get $200 in bonus bets. That’s up to $1,250 in potential bonuses that can be used for betting on Super Bowl 57.
Parlays combine two or more bets on a single ticket and multiply the odds. There’s a higher risk because both outcomes must be correct to win your parlay bet, but the rewards will be much greater. For example, a parlay bet on the Chiefs (+2) and Over 50 points will cash if Kansas City beats Philadelphia, 31-20. Passing yards, rushing yards, receiving yards, and touchdown scorers can also be included in same-game parlays along with hundreds of other available Super Bowl props.
This depends on the bet you place. If you bet $100 on the Chiefs (+2) at spread odds of -110, you’ll win $91. If you wager $100 on the Chiefs on the moneyline, you’ll win $110 at odds of +110.
The most money bet on the Super Bowl came last year when $588.1 million was wagered on Rams vs. Bengals in the US. That established a new record for Super Bowl betting handle, and it was up from the previous high of $486.5 million in 2021. As far as an individual bet, Houston mogul Jim McIngvale — more commonly known as “Mattress Mack” — bet $9.5 million on the Bengals to defeat the Rams at odds of +170. He lost.
Some industry oddsmakers insist that betting on the coin toss is one of the best wagers you can make on available Super Bowl odds.
The best sports betting apps in the industry are DraftKings, BetMGM, Caesars, FanDuel, PointsBet, and BetRivers. Gaming Today highly recommends all of them for betting on the Super Bowl.
There are hundreds of different ways to bet on the Super Bowl in 2023. In addition to basic moneyline, spread, and total bets, you’ll also find props, parlays, single-game parlays, futures, teasers, live wagers, alternate betting lines, and much more.
You can bet on the Super Bowl at any time of the year. Sportsbooks offer futures odds on the winner of the next Super Bowl. Check out the best Super Bowl betting promos to ensure you unlock terrific bonuses for your Super Bowl bets this year.
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