Free agency got the NFL offseason off to a roaring start with all sorts of frenzied activity—much of it having a significant impact on the betting odds at sportsbooks for several teams. We saw superstar quarterbacks changing teams, one staying place, star wide receivers finding new homes, and a few defenses becoming better than they were. It appears that the Indianapolis Colts are going the veteran quarterback route again by acquiring Matt Ryan from the Atlanta Falcons.
The bulk of free agency is done as is the NFL Draft, but that does not mean that teams are finished improving their rosters. But in a crazy offseason full of trades, that does not mean we will not see any more big moves that could impact a team’s Super Bowl 57 odds.
Super Bowl 57 will take place at State Farm Stadium in Glendale, Arizona, on Sunday, February 12.
The Super Bowl is the premier sports betting event of the year in the US. Bettors can put money down on the big game at legal US sportsbooks (futures) throughout the year. But once the participants are decided, a whole new world of betting possibilities becomes available as the opening line for the game gets set and sportsbooks post a wide variety of prop bets.
Chances of Winning Super Bowl 2023
Implied probabilities are calculated using odds offered by DraftKings.
Last Updated: 2022-08-08 00:00:00 PDT.
Today’s Super Bowl Odds at Online Sports Betting Apps
|+600||+600||+650||+625||13.81%|| -0.16%|| -0.16%||0.00%|
|+700||+750||+750||+738||11.95%|| -0.06%|| -0.06%||0.00%|
|+1000||+900||+950||+963||9.43%|| -0.11%|| -0.11%||0.00%|
|+1000||+1200||+1200||+1100||8.39%|| 0.23%|| 0.23%||0.00%|
|+1400||+1600||+1600||+1525||6.17%|| 0.03%|| 0.03%||0.00%|
|+1600||+1600||+1600||+1600||5.88%||0.00%|| -0.26%|| -0.20% |
|+1600||+1600||+1700||+1650||5.72%|| -0.05%|| -0.05%||0.00%|
|+2000||+1800||+1800||+1850||5.14%|| -0.12%|| -0.33%|| -0.28% |
|+2200||+2000||+2000||+2000||4.78%|| 0.23%|| 0.23%||0.00%|
|+2200||+2000||+2100||+2125||4.50%|| 0.11%|| -0.05%|| -0.05% |
|+2200||+2500||+2200||+2275||4.22%|| 0.04%|| 0.04%||0.00%|
|+2500||+2000||+2400||+2475||3.96%|| -0.36%|| 0.66%|| 0.82% |
|+2500||+2500||+3000||+2750||3.54%|| -0.10%|| -0.10%||0.00%|
|+3500||+3000||+3000||+3250||3.00%|| -0.08%|| -0.08%||0.00%|
|+4000||+3000||+3000||+3375||2.92%|| -0.05%|| -0.16%|| -0.08% |
|+4000||+3500||+4000||+3875||2.52%|| -0.03%|| -0.03%||0.00%|
|+4000||+4000||+4000||+4000||2.44%||0.00%|| 0.09%|| 0.07% |
|+4000||+4000||+4000||+4125||2.37%|| -0.07%|| 0.02%|| 0.06% |
|+5000||+4000||+4000||+4250||2.32%|| 0.04%|| 0.04%||0.00%|
|+7000||+6600||+7000||+7150||1.39%|| -0.05%|| -0.05%||0.00%|
|+9000||+8000||+7000||+8000||1.24%|| -0.01%|| -0.01%||0.00%|
|+15000||+10000||+10000||+11875||0.86%|| -0.02%|| -0.02%||0.00%|
|+13000||+12500||+10000||+12000||0.83%|| -0.02%|| -0.02%||0.00%|
|+13000||+12500||+15000||+13875||0.72%|| -0.02%|| -0.02%||0.00%|
|+20000||+25000||+25000||+22500||0.45%|| 0.02%|| 0.02%||0.00%|
Odds updated automatically every day
Latest Super Bowl 57 News And Betting Odds Updates
It looks like the Super Bowl odds for the Cleveland Browns can be set– Deshaun Watson’s suspension has been announced (six games). The NFL has a few days to appeal the decision; since the league has been pushing for at least a season, they may do just that. Until then, it looks like the Browns Super Bowl 57 odds are between +2000 and +2500 (depending on the sportsbook).
The offseason has seen quite a few moves (or lack thereof) that have had a significant impact on the Super Bowl 57 odds for teams:
- Kansas City trades Tyreek Hill to the Miami Dolphins.
- Sportsbooks did not seem to care when the Colts traded Carson Wentz to Washington; odds for the Commanders went up at several sportsbooks. However, when they acquired Matt Ryan from the Falcons, their odds improved.
- The Houston Texans, whose odds can’t really get much longer than they already are, trade Deshaun Watson to the Cleveland Browns. Watson was suspended six games for his role in 24 sexual misconduct allegations.
- Right when it was starting to look like the NFC South was anyone’s to win next year—Tom Brady decides to come out of retirement, immediately turning the Bucs into one of the top contenders at sportsbooks.
- Denver’s odds did not stay up for long, though. Not too long after Rodgers made his announcement, the Broncos announces they had acquired Russell Wilson from the Seahawks causing Denver’s odds to shorten while Seattle’s odds took a big jump up.
- Aaron Rodgers decided to stay with the Green Bay Packers causing Green Bay’s odds to improve while also causing Denver’s to rise.
With all the movement we have seen already, it is fair to ask who could be next?
Of course, with free agency and the NFL Draft still to come, rosters could change– which can result in Super Bowl 57 odds getting longer or shorter. So, check back often to see what your favorite team’s odds are!
Joining a legal sportsbook for the first time? Read our rundown of the best super bowl betting bonuses.
Super Bowl 2023 Futures: A Closer Look
Odds will vary to a degree from one sportsbook to the next. But BetMGM is often one of the better sportsbooks when it comes to futures betting. Here is how their Super Bowl 2023 odds look as the 2022-23 season approaches (odds updated automatically once daily):
Sportsbook Odds To Win Super Bowl LVII
Buffalo Bills +600: Free agency was kind to the Bills and they got a few guys that could contribute sooner rather than later via the draft. They will likely remain the team to beat until someone beats them.
Kansas City Chiefs +900: Much to everyone’s surprise, the Chiefs traded Tyree Hill to the Miami Dolphins during the offseason. That means it is time for Mecole Hardman to step up. If he doesn’t, JuJu Smith-Schuster could fill the void or rookie Skyy Moore could. If the passing game does not miss a beat minus Hill, the Chiefs could become the team to beat once again.
Tampa Bay Buccaneers +750: Brady is back, Chris Godwin is returning and they added another solid wide receiver in Russell Gage. As long as everyone stays healthy, the Bucs will be in contention.
Green Bay Packers +1200: The Packers did not draft a receiver in the first round, but they did pick some promising ones in the second, fourth, and seventh. While they may not be household names, we have seen Aaron Rodgers do more with less.
Los Angeles Rams +1100: Running it back is never easy; especially nowadays when it is not uncommon for free agency to gut the rosters of Super Bowl winners as players try to cash in. But while the Rams did lose a couple of pieces, the roster was not gutted.
Denver Broncos +1600: The Broncos got their man– Russell Wilson. Does anything else need to be said?
Cleveland Browns +2000
Dallas Cowboys +1800
Cincinnati Bengals +2000
Arizona Cardinals +3000
San Francisco 49ers +1600
Baltimore Ravens +2000
Tennessee Titans +3000
Indianapolis Colts +2500
Los Angeles Chargers +1600
New Orleans Saints +4000
Philadelphia Eagles +2500
Miami Dolphins +3500
Las Vegas Raiders +4000
New England Patriots +4000
Washington Commanders +6600
Pittsburgh Steelers +8000
Atlanta Falcons +25000
Carolina Panthers +12500
New York Giants +10000
Chicago Bears +10000
Seattle Seahawks +15000
Jacksonville Jaguars +12500
Detroit Lions +12500
Houston Texans +30000
New York Jets +12500
No one can be labeled as a ‘bad bet’ until the season begins. While it is unlikely some teams become contenders next season, the Bengals were not supposed to be as good as they were in 2021. But this will likely change once the season gets underway.
Create your own free super bowl squares online with friends or use the printable option.
Best Legal Online Sportsbook Apps to Bet On The Super Bowl
We have a list of our top picks for US online sports betting apps along with their top-10 NFL Super Bowl 2023 odds.
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 eleven different states (AZ, NJ, CO, IL, IN, PA, NH, IA, TN, WV, MI, VA, WY).
Visit: BetMGM and claim a Risk Free Bet up to $1,000 (risk-free bet not available in NY or PA)
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 many locations (AZ, CO, DC, IL, IN, IA, LA, MI, MS, NV, NJ, NY, PA, TN, VA, WV, WY).
Caesars Sportsbook is one of the most established and respected giants in the industry for good reason. Now boasting an elite Caesars Rewards program that incentivizes taking part in unique odds boosts and exclusive special offers, sports bettors need to download the Caesars app today.
The following states can download the Caesars Sportsbook app today and take advantage of their excellent offers: AZ, CO, IN, IA, LA, MI, NJ, NY, TN, VA & WV.
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.
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 (AZ, NJ, PA, CO, IN, IA, IL, TN, WV, MI, VA) can place Super Bowl bets online at FanDuel Sportsbook.
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).
Which States Offer Legal Sports Betting Apps?
The following states (along with Washington, DC, and Ontario) have legal online sports betting apps where you can sign up to place a legal bet on the 2023 Super Bowl.
- New York
- New Jersey
- West Virginia
- New Hampshire
- Rhode Island
There are also some states where you can bet in-person at retail sportsbooks. These include:
- New Mexico
- North Carolina
- South Dakota: mobile is available but only while on casino property in Deadwood.
- Maryland: mobile betting is not expected to launch until the second half of 2022.
Not in a legal state? You can play our free Super Bowl squares game with friends. Play online or via a printable squares template.
States That Could Legalize Sports Betting In Time For Super Bowl 2023
- Nebraska: Retail sports betting has been legalized but has yet to launch. It is expected to do so in early 2022, but could now be several months away from launching.
- Maryland— in-person sports betting has launched; regulators hope to have online sports betting launched in time for the 2022 NFL season.
- Ohio—sports betting was signed into law in December 2021 with a deadline of January 1, 2023 to launch.
- Georgia— It does not appear that Georgia will see legal sports betting this year. The recent bill that made it out of the House never made it to the Senate floor.
- Kentucky— Kentucky State Rep. Adam Koenig has been hopeful that this year could be the year, but with the legislature’s final day in session coming up on April 14, it is not looking good.
- Kansas— It is not looking promising for sports betting in Kansas this year; a bill was scheduled for debate in a House committee recently, but the committee abruptly adjourned without discussing the bill and is not expected to meet again before the end of the legislative session in May.
- Massachusetts— The Massachusetts legislature finally passed through the House and Senate with a resounding 36-4 vote. The bill awaits the governor’s signature.
- Florida—Florida briefly had legal online gambling, but legal issues brought it to a quick halt; it now looks like sports betting could be a dead issue for at least two years.
- Missouri—Legislation recently advanced to the Senate for debate following a 115-33 vote in the House; it is the first time legislation has passed the House and move on to the Senate.
- Minnesota—Legislation took a step in the right direction recently when the House State Finance and Government Elections Committee passed it, sending to the House Judiciary Committee.
- Alabama— A bill that would be sports betting on the ballot in the fall has been passed by the Senate Tourism Committee and will now go before the full Senate for approval.
- Oklahoma—There is hope in the Sooner State since a bill made it out of the House Budget Committee in time in early March. However, with the session ending on May 27, there is not much time left for the bill to get passed.
- South Dakota— The House State Affairs committee voted to table a Senate Joint Resolution until a day that does not exist on the legislative calendar, effectively killing it. So, for now, sports betting is only legal at casinos located in Deadwood.
- California—According to a poll conducted by the University of California, voters are open to the idea of legalized sports betting but not overly passionate about it.
- Alaska—Alaska does not have a lottery but State Rep. Adam Wool hopes the state will consider legalizing sports betting; he introduced House Bill 385 in late February.
- South Carolina— South Carolina Representative Todd Rutherford introduced legislation in February that would legalize sports betting in the Palmetto State.
- Maine—Governor Janet Mills indicated in February 2022 that she is open to legalizing sports betting in Maine.
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.
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.
For the 2021 Super Bowl LV, the point spread offered at DraftKings looked like this:
Team Point Spread and Payout Odds
Tampa Bay Buccaneers +3.5 (-115)
Kansas City Chiefs -3.5 (-106)
As we now know, the Buccaneers took the game despite being the underdog, a humbling reminder of how the Super Bowl can be anyone’s game.
Calculating Negative American Odds
The line on Tampa Bay added 3.5 points to the underdog Buccaneers’s final score. If the Bucs lost by 3 points, or outright won the game, the bet paid at -115 American odds. For the Chiefs, they simply needed to win by at least 4 points for a payout of -106.
To calculate the -115 payout, divide 100 by 115 (without the minus sign) and multiply that quotient by the amount wagered. A $50 bet on the Bucs, for example, would calculate as (100/115)*$50, which equals $43.48.
Therefore, a $50 winning bet on Tampa Bay would return $93.48 to the bettor ($43.48 profit plus the original $50 bet).
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 almost always vary more in a moneyline bet versus a point spread bet.
The DraftKings moneyline on 2021 Super Bowl looked like this:
|Tampa Bay Buccanners||+105|
|Kansas City Chiefs||-121|
Calculating Positive American Odds
To calculate the +140 moneyline odds on the Bucs, divide 140 by 100 and multiply that quotient by the amount of the wager. A $50 winning moneyline bet on Tampa Bay would be calculated as (140/100)*$50, which comes out to $70.
Alternatively, you can simply move the decimal point over two places. For example, the +140 odds could also be expressed as 1.40. And 1.4 x $50 would be $70.
A $50 winning moneyline bet on the Bucs would have returned $120 to the bettor ($70 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 57 comes around, legal online sportsbooks will present several other ways to bet on the big game as well.
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 DraftKings set the totals line at 57.5 points. The Buccaneers won the game 31-9, with 40 total points scored and the Under bet winning.
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 (known as “legs”) on a parlay must win for the ticket to pay off. Even one losing bet makes the parlay a loser. However, sportsbooks will often offer parlay insurance for major events like the Super Bowl, where you get your bet back if one of your legs lost (up to $25). You can expect similar offers for Super Bowl 57.
What Is An NFL Futures Bet?
The “Current Super Bowl Odds 2023” table near the top of this page lists futures bets on the Super Bowl 57 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.
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, but those won’t be listed until closer to the start of the 2021-22 NFL season.
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 57, and that includes knowing about injuries, draft picks, trades, weather, or even dissension in the locker room. Aside from those factors, skilled bettors also utilize the following strategies:
Some sportsbooks offer multiple lines and payout odds on the Super Bowl. Super Bowl 55, for instance, wasn’t just limited to the 1.5-point spread between the Bucs and Chiefs.
Depending on where you looked, lines like Kansas City (+12.5, -900) and Tampa Bay (-12.5, +600) 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.
This strategy would have paid off for Super Bowl LV, with all US sportsbooks listing the Buccaneers as the underdog.
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 sides 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 30 states currently offer legal sports betting in some form.
Online sports betting is legal in states like Arizona, New Jersey, Nevada, Pennsylvania, Michigan, Indiana, Illinois, Colorado, 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, William Hill, and BetMGM.
All of these platforms will offer comprehensive menus of traditional wagers and prop bets for Super Bowl 57.
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.
In Michigan and New York, you can bet at tribal casino sportsbooks in-person if you’re 18 and up as well.
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 2023 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.
Super Bowl 57 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 who will win the game.
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 Buffalo Bills are the current favorite to win Super Bowl 57 with odds ranging from +600 to +650, but a handful of teams (Buccaneers, Packers, Chiefs, Rams) are not far behind.
Super Bowl LVII will take place on Sunday, February 12, 2023, at State Farm Stadium in Glendale, Arizona. Kick-off will start between 6:19 and 6:40 PM EST.