Although Super Bowl odds change all the time, there are strategies that bettors can use when analyzing NFL futures.
Legal US sportsbook apps offer a robust selection of ways to bet on the Super Bowl. Along with the standard moneyline, point spread, and totals lines, sportsbooks also offer in-game betting and a massive menu of prop bets.
The moment Super Bowl LV ended, the odds for Super Bowl LVI, scheduled for February 6, 2022, hit the sportsbooks. All year-round, the biggest and best online sports betting sites and apps offer odds on the Super Bowl.
Like all NFL games, sportsbooks set the Super Bowl lines with the aim of getting enough action on all futures for the sportsbook to make money. The lines can shift all the time, but particularly in the days leading up to the big game, influenced by the public’s betting activity which reaches a fever pitch the closer we get to kickoff.
Chances of Winning Super Bowl 2022
Implied probabilities are calculated using odds offered by DraftKings.
Last Updated: 2021-04-20 00:00:00 PDT.
Compare Super Bowl Odds at Legal Sportsbook Apps
|+750||+750||+800||+767||11.54%|| 0.21%|| 0.21%|| 0.41%|
|+1400||+1600||+1400||+1467||6.41%|| -0.12%|| -0.26%|| -0.26%|
|+2000||+2000||+2000||+2000||4.76%|| 0.14%|| 0.14%|| 0.27%|
|+2600||+2800||+2500||+2633||3.67%|| -0.15%|| -0.15%|| -0.15%|
|+5000||+6000||+5000||+5333||1.85%||0.00%|| -0.11%|| -0.11%|
|+6000||+6000||+10000||+7333||1.42%||0.00%|| 0.05%|| 0.05%|
Odds updated automatically every day
The day after Super Bowl LV, sportsbooks put the Kansas City Chiefs, Green Bay Packers, and the Tampa Bay Buccaneers as the favorites. That means it’s already likely that we’ll see a repeat of the 2021 Super Bowl with the 2022 Super Bowl.
But the Packers seem likely to disrupt that, as do the Baltimore Ravens, who sit at second and fourth-most likely to win Super Bowl LVI, respectively.
Plus, the 2021 NFL Draft starts on April 29, 2021, and that can dramatically shift the NFL futures odds. Key trades and injuries can also throw some serious monkey wrenches into early predictions.
But if you feel that a team is undervalued now, that could pay off handsomely if their form is good throughout the season. The better a team does leading up to Super Bowl 2022, the lower the win potential.
Joining a legal sportsbook for the first time? Read our rundown of the best super bowl betting bonuses.
Super Bowl 2022 Futures: A Closer Look
BetMGM is consistently one of the best sportsbooks for futures betting, with more win potential than its competitors more often than not. Here’s how their futures lines for the 2022 Super Bowl look prior to the 2021 NFL Draft (odds updated automatically once daily):
Favorites To Win Super Bowl LVI
- Kansas City Chiefs (+450): Patrick Mahomes and the Chiefs will have their eye on a redemption game. And if they make it all the way to the Super Bowl for the third year in a row, it’s hard to imagine them walking away without a victory.
- Green Bay Packers (+1200): Aaron Rodgers and the Packers pretty much have the NFC North in the bag, and the Super Bowl isn’t far beyond that.
- Tampa Bay Buccaneers (+800): It’s hard to imagine the Chiefs losing if they make it to Super Bowl LVI – unless they face Tom Brady again, the winningest QB in NFL and Super Bowl history.
- Baltimore Ravens (+1200): If Lamar Jackson starts playing as well in the playoffs as he does in the regular season, the Super Bowl is the Raven’s.
- Buffalo Bills (+1200): If the 2021 Super Bowl was the year for a 21-year veteran, then why shouldn’t the 2022 Super Bowl be the year of young players?
- Los Angeles Rams (+1200): Matthew Stafford’s move to the Rams has reportedly attracted other players to try and follow. And with Super Bowl LVI hosted in Los Angeles, they could make a serious run.
- San Francisco 49ers (+1400): A favorite to return to the Super Bowl and win it all last year was thwarted by injuries. This year is different. And could be their year.
- New Orleans Saints (+2500): Rumors are swirling about Drew Brees retiring. But what better way to end a two-decade than by winning a second Super Bowl ring?
- Seattle Seahawks (+3000)
- Cleveland Browns (+2000)
- Dallas Cowboys (+2500):
- Indianapolis Colts (+2000)
- Miami Dolphins (+2500)
- Tennessee Titans (+4000)
- Los Angeles Chargers (+4000)
- New England Patriots (+2500)
- Pittsburgh Steelers (+5000)
- Arizona Cardinals (+2500)
- Minnesota Vikings (+5000)
- Carolina Panthers (+5000)
- Chicago Bears (+5000)
- Las Vegas Raiders (+4000)
- Philadelphia Eagles (+8000)
- Atlanta Falcons (+10000)
- Denver Broncos (+6600)
- New York Giants (+10000)
- Washington Football Team (+6600)
- Cincinnati Bengals (+10000)
- Detroit Lions (+15000)
- Houston Texans (+20000)
- New York Jets (+8000)
- Jacksonville Jaguars (+12500)
Which States Offer Legal Sports Betting Apps?
The following states (and Washington, DC) have legal online sports betting apps where you can sign up to place a legal bet on the 2022 Super Bowl.
- New Jersey
- West Virginia
There are also some states where you can bet in-person at retail sportsbooks. These include:
- New Mexico
- New York
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 2022
- Arizona: Legislation is being hammered out as you’re reading this, with bipartisan support from lawmakers as well as the public backing of Governor Doug Ducey.
- Connecticut: Governor Ned Lamont and lawmakers are working on making a deal with the tribal casinos to bring sports betting to the state.
- Florida: Sports betting will likely come to Florida in 2021, but it may not be online. Hopefully, lawmakers and the Seminole Tribe, which runs six of the biggest casinos in the state, can work out a deal for sportsbook apps and websites.
- Georgia: The state looks just months away from bringing legal sports betting to the state. The specifics are up in the air, but lawmakers and voters both support legalization.
- Kansas: This is another state that will likely legalize sports betting in 2021, but it’s too early to tell if online sportsbooks will be included in the legalization.
- Massachusetts: The state’s sports betting champion, State Senator Brendan Crighton, refiled legislation that would legalize retail and online sportsbooks.
- Missouri: Lawmakers are considering three different sports betting bills, which is what we like to call “hedging your bets.” Missouri could see legal online or retail sportsbooks in 2021 if one of the bills push through.
- New York: Governor Andrew Cuomo wants to legalize sports betting, but there’s a catch. He wants to push forward with the lottery-based model. New York lawmakers want a casino-based sports betting market. No word yet on which will emerge victiorious. Either way, New York is nearing full legalization.
- Ohio: Considering Illinois, Indiana, Iowa, and Michigan all have legal online sports betting, it’s kind of amazing that Ohio hasn’t joined its Midwest neighbors. Thankfully, it’s likely coming in 2021, according to Governor Mike DeWine.
- Texas: A coalition between the Cowboys, Rangers, and Mavericks could push Texas to legalize retail sports betting, and just maybe online sportsbooks, in 2021.
- Vermont: The state wouldn’t even do a study on the impact of legal sports betting in 2020, but a new push from Governor Phil Scott to generate tax revenue could mean legal online sports betting in Vermont – despite the state not having any casinos.
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.
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 ten states (NJ, PA, CO, IN, IA, NV, TN, WV, MI, VA).
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 (NJ, PA, CO, IN, IA, IL, TN, WV, MI, VA) can place Super Bowl bets online at FanDuel Sportsbook.
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 ten different states (NJ, CO, IL, IN, PA, NH, IA, TN, WV, MI, VA).
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.
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).
Welcome Bonus Offers At Legal US Online Sportsbooks
- BetMGM – Risk-free bet up to $600
- FanDuel Sportsbook – Risk-free bet up to $1,000
- William Hill – Risk-free bet up to $500
- PointsBet – Risk-free bet up to $500
- BetRivers – 100% deposit match up to $250
- DraftKings Sportsbook – 20% deposit match bonus up to $1,000
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 56 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 like FanDuel and BetMGM offered parlay insurance for Super Bowl LV, where you got your bet back if one of your legs lost (up to $25). You can expect similar offers for Super Bowl LVI.
What Is An NFL Futures Bet?
The “Current Super Bowl Odds 2022” table near the top of this page lists futures bets on the Super Bowl LVI 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 LVI, 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 side 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 20 states currently offer legal sports betting in some form.
Online sports betting is legal in states like New Jersey, Nevada, Pennsylvania, Indiana, Illinois, Colorado, West 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 on Super Bowl 56.
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 2022 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 56 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 Kansas City Chiefs currently stand as the consensus favorite to win Super Bowl LVI despite losing Super Bowl LV to the Tampa Bay Buccaneers. The Green Bay Packers and Tampa Bay Bucs round out the top three contenders going into the 2021-22 NFL season.
Super Bowl LVI will take place on Sunday, February 6, at SoFi Stadium in Inglewood, California. Kickoff will start between 6:19 and 6:40 PM EST.