As easy as it can be to get excited about some of the underdog winners from Week One of the 2021 NFL season, Week Two reminded us why some of the big dogs are—well, the big dogs.
If Tampa Bay still has room to improve, the rest of the league is in trouble. Baltimore is looking legit, and the LA Rams may be as good as advertised as well. Green Bay might get its act together, and there is a chance the Chiefs might not be the team to beat anymore.
Week Two was an exciting week of NFL action, and it reminds us of something very important regarding betting on the Super Bowl. For now, it is still up for grabs; anyone can win which is why following your favorite legal US sportsbook appsfor the latest Super Bowl LVI odds is important.
Odds are going to change as the season goes on. New challengers are bound to emerge; a perennial contender or two is bound to fall out of the race. That reality makes it more challenging to figure out who to bet on. But it also means opportunity exists with the right underdogs.
Whether you want to get behind an underdog for the Super Bowl or just for next week’s game, you can find all the odds you need (futures, moneyline, point spread, totals (over/under) at your favorite sportsbook. You will also be able to find a wide variety of prop bets and in-game, live betting.
Whether you want to put money down on the winner of Super Bowl LVI or the winner of the next Monday Night Football game, there are plenty of opportunities available to bet during the 2021 NFL season.
Whether you are interested in the moneyline, point spread, totals (over/under), or futures sportsbooks will have you covered. Most sportsbooks will offer live, in-game betting along with a massive selection of prop bets.
Think your team can win it all? Are you looking for a long shot that might come out of nowhere? Or are you waiting to see how the early action plays out before putting your money down? Whatever your strategy, it is important to keep in mind that odds will fluctuate throughout the season.
So, if you like the odds your favorite team has now, you may want to get your bet in.
In the meantime, there will be plenty of opportunities for fans to bet on the NFL via their favorite sportsbook apps in the weeks ahead starting with a full slate of games in Week Two of the 2021 NFL season.
Chances of Winning Super Bowl 2022
Implied probabilities are calculated using odds offered by BetMGM.
Last Updated: 2021-09-28 00:00:00 PDT.
Compare Super Bowl Odds at Legal Sportsbook Apps
|+550||+600||+650||+600||14.33%|| -0.86%|| -0.69%|| 0.96% |
|+650||+600||+600||+617||13.97%|| -2.70%|| -2.94%|| -3.20% |
|+700||+900||+950||+850||10.67%|| 2.30%|| 3.13%|| 2.30% |
|+800||+850||+950||+867||10.39%|| 2.67%|| 2.88%|| 3.52% |
|+1400||+1200||+1200||+1267||7.35%|| 0.82%|| 0.68%|| 0.18% |
|+1600||+1400||+1300||+1433||6.56%|| 0.66%|| 0.43%|| 0.68% |
|+1600||+1600||+1300||+1500||6.30%|| -0.23%|| 0.83%|| -0.37% |
|+1600||+1400||+1500||+1500||6.27%|| -0.90%|| -0.71%|| -0.40% |
|+2500||+1800||+2600||+2300||4.27%|| 1.31%|| 0.69%|| 1.14% |
|+2500||+2500||+2400||+2467||3.90%|| 0.56%|| 0.75%|| -0.05% |
|+2500||+3000||+2800||+2767||3.51%|| 0.62%|| 1.10%|| 1.48% |
|+2800||+3000||+2700||+2833||3.42%|| -0.97%|| -2.15%|| -1.04% |
|+3500||+2500||+3100||+3033||3.25%|| 0.09%|| 0.29%|| 0.92% |
|+3000||+3000||+3000||+3000||3.23%|| 0.27%|| -0.79%|| 0.26% |
|+3500||+2800||+2800||+3033||3.23%|| 0.04%|| 0.33%|| 0.12% |
|+4500||+3000||+4100||+3867||2.59%|| 0.36%|| 0.83%|| 1.41% |
|+5000||+5000||+3700||+4567||2.18%|| 0.38%|| 0.19%|| -0.03% |
|+6500||+5000||+5500||+5667||1.76%|| -0.14%|| 0.32%|| 0.62% |
|+6500||+6600||+5000||+6033||1.66%|| -1.07%|| -1.01%|| -1.22% |
|+6500||+10000||+5500||+7333||1.43%|| -0.62%|| -1.54%|| -1.29% |
|+8000||+6600||+7000||+7200||1.38%|| -0.09%|| -0.24%|| 0.35% |
|+10000||+8000||+5500||+7833||1.34%|| -0.71%|| -0.94%|| -1.49% |
|+10000||+6600||+7500||+8033||1.27%|| -1.26%|| -1.74%|| -0.85% |
|+10000||+10000||+7000||+9000||1.13%|| -0.42%|| -0.34%|| -0.99% |
|+15000||+15000||+12000||+14000||0.72%|| 0.20%|| -0.22%||0.00%|
|+20000||+15000||+15000||+16667||0.61%||0.00%|| -0.50%|| -0.76% |
|+50000||+15000||+12000||+25667||0.56%|| -0.73%|| -0.77%|| -0.99% |
|+30000||+30000||+28000||+29333||0.34%|| -0.31%|| -0.65%|| -0.92% |
|+50000||+100000||+100000||+83333||0.13%|| -0.11%|| -0.22%|| -0.34% |
|+100000||+100000||+100000||+100000||0.10%|| -0.11%|| -0.46%|| -0.18% |
|+100000||+100000||+100000||+100000||0.10%|| -0.11%|| -0.32%|| -0.69% |
|+100000||+100000||+100000||+100000||0.10%|| -0.09%|| -0.41%|| -0.62% |
Odds updated automatically every day
The Kansas City Chiefs are still one of the most exciting teams in the NFL. But a one-point loss to the Baltimore Ravens takes a little wind out of their sails. Not enough to knock them off as the consensus favorite. But the gap has certainly narrowed.
With how Tom Brady and the Tampa Bay Buccaneers look, it will not be long before the defending champs become favored to win it all again. The last time we had back-to-back Super Bowl champions was Brady’s New England Patriots when they won Super Bowl XXXVIII and XXXIX.
Buffalo looked more like the team we thought they would be with a nice win over Miami. The Rams are certainly shaping up like expected. It will be interesting to see how they fare against the Buccaneers this week. After taking down the Chiefs, the Ravens certainly belong in the Super Bowl conversation.
Green Bay is still alive, but they should have been able to dominate the Lions more than they did. Dallas remains on the outskirts of the conversation. But the Indianapolis Colts may be falling out of it after opening 0-2 and with Carson Wentz getting bit by the injury bug again. Let’s not forget about the Browns, Seahawks, Titans, or Chargers either.
It may be time to start thinking a little about the Raiders, too– but we are only two weeks into the 2021 NFL season. There is a lot of football left to be played which means the odds are bound to change for many teams in the weeks ahead.
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
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 2022 odds look a week into the 2021 regular season (odds updated automatically once daily):
Favorites To Win Super Bowl LVI
- Kansas City Chiefs (+600): The Baltimore Ravens reminded us that the Chiefs are just mere mortals like the rest of the NFL. But a single one-point loss is not going to be enough to knock them off as the favorite to win Super Bowl LVI. But if they are going to remain the favorite, they need to start winning in convincing fashion.
- Tampa Bay Buccaneers (+600): If you were worried that the Bucs would get off to a slow start in 2021— well, there is nothing to worry about. While the Atlanta Falcons were not much of a challenge, the Bucs offense still looked amazing. A win over the Rams in Week Three will probably make them the new favorite next week.
- Buffalo Bills (+900): A big win over a division rival makes it a lot easier to feel good about the Bills. But the offense is not clicking as well as it did last year. Josh Allen has not looked like the same guy fans fell in love with last season.
- Baltimore Ravens (+1600): With all the injuries to their running backs, it would have been easy to write the Ravens off. But with a win over the Chiefs, the Ravens remind us that they are a team to beat and Lamar Jackson is an MVP-candidate.
- San Francisco 49ers (+1400): It was not the prettiest of wins against the Philadelphia Eagles this week, but it was a win. However, if they continue to have injury issues at running back things could get tough in the weeks ahead.
- Los Angeles Rams (+850): If you are still wondering whether Matthew Stafford makes the Rams a Super Bowl contender—stop it. He does and they are.
- Cleveland Browns (+1400)
- Green Bay Packers (+1200):
- Seattle Seahawks (+3000)
- Tennessee Titans (+2500)
- Arizona Cardinals (+2500)
- Dallas Cowboys (+2800)
- Las Vegas Raiders (+2500)
- New Orleans Saints (+3000)
- Los Angeles Chargers (+1800)
- Indianapolis Colts (+8000)
- Miami Dolphins (+10000)
- Pittsburgh Steelers (+6600)
- New England Patriots (+6600)
- Minnesota Vikings (+5000)
- Denver Broncos (+3000)
- Carolina Panthers (+5000)
- Washington Football Team (+10000)
- Philadelphia Eagles (+6600)
- Chicago Bears (+15000)
- Atlanta Falcons (+15000)
- New York Giants (+30000)
- Cincinnati Bengals (+15000)
- New York Jets (+100000)
- Jacksonville Jaguars (+100000)
- Detroit Lions (+100000)
- Houston Texans (+100000)
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
- New Hampshire
- Rhode Island
There are also some states where you can bet in-person at retail sportsbooks. These include:
- New Mexico
- New York
- North Carolina
- South Dakota: mobile is available but only while on casino property
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
- Connecticut: According to reports, the official launch date is going to be October 7. But there is a possibility there may be a soft launch on September 30.
- Florida: The first retail sportsbook in the state is set to launch on October 15 at the Seminole Tribe’s Hard Rock Casino. But a date for the mobile launch remains up in the air.
- New York: Retail sports betting is underway but it does not look like the rollout for mobile/online sports betting will be ready until early 2022.
- 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. There is still hope that legislation could be passed in 2021 allowing sportsbooks to launch in time for the Super Bowl.
- Wyoming: Mobile sports betting has been approved in Wyoming with an expected launch date of September 1, 2021.
- Wisconsin: Federal approval has come through, but the Oneida Casino in Green Bay is being held up because of some pieces needed to run the sportsbook. Officials are aiming to launch in November (retail only; no mobile/online). Other casinos are months away from being able to launch.
- Washington: Legislation has been passed to allow retail sports betting on tribal land, but a new compact must be agreed upon and receive federal approval before tribes can launch.
- Nebraska: Retail sports betting has been legalized but has yet to launch. It is expected to do so either late this year or in the early part of 2022, potentially in time for the Super Bowl.
- Maryland: Officials hope to have the final rules and regulations published by the end of the month. If all goes well, retail sportsbooks could launch in Maryland in October.
- Louisiana: Hurricane Irma put a roadblock in the way, but the state is looking to launch online and retail sports betting in October.
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 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).
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 (AZ, NJ, PA, CO, IN, IA, NV, TN, WV, MI, VA, WY).
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).
Welcome Bonus Offers At Legal US Online Sportsbooks
- DraftKings Sportsbook – 20% deposit match bonus up to $1,000
- BetMGM – Risk-free bet up to $1,000
- Caesars – Risk-free bet up to $5000
- BetRivers – 100% deposit match up to $250
- FanDuel Sportsbook – Risk-free bet up to $1,000
- PointsBet – Risk-free bet up to $500
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 Buccaneers sit just behind the Chiefs in the Super Bowl odds.
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.