In just a few months, it’ll be time for the 2022 Super Bowl, an event that is undoubtedly at the back of every red blooded American’s mind.
Besides being a major sporting event, the Super Bowl is also one of the most betted-upon occasions in American culture. In 2020 alone, the Super Bowl saw a turnover of more than $280 million, and this number is expected to increase in the years to come.
So if you’re looking to try your luck at the 2022 Super Bowl, you’ll definitely want to take a look at our tips on betting at the Super Bowl.
- Always bet within your limits
This is the golden rule for any punter looking to try their luck on the Big Game.
When you’re placing your bets, always make sure that you’re betting within a comfortable range. Too many punters have made the mistake of trying to “go big or go home.”.
As a result, most bettors end up blowing all of their cash on a single game. It’s always better to bet in small amounts instead of putting everything on your favorite team.
That way, you can minimize your losses while still enjoying the thrill of the big game.
- Do your homework
If you’re looking to bet on sports, you absolutely must do your homework.
While this writer would love for the New York Jets to win at the next Super Bowl, chances are this won’t be the case.
So as much as you’d like for your favorite team to win, always keep in mind that sports betting has absolutely no room for emotions.
Instead, rely on team stats and past performances to help you place the right bets. Sites like ESPN feature all types of player statistics that will be invaluable to you when it’s time to put your money where your mouth is.
Check out for example the players with more rushing yards in history on this article from Edge TwinSpires: https://edge.twinspires.com/nfl/top-10-players-with-the-most-rushing-yards-in-nfl-history/
When placing your bets, keep an eye on which team you’re betting on and their past performances.
- Learn about the various types of bets
Wagering on the Super Bowl isn’t just about betting on the winning team. Learning how these betting methods work is an excellent way to leverage the odds and win big.
Here are the 3 most common types of bets you can make during the Super Bowl:
- Moneyline Betting
The most straightforward way to bet, Moneyline betting rewards punters for successfully wagering on the winning team. While relatively straightforward, wagering on the winning team provides relatively low odds that translate into lower payouts. But if you have the foresight (and luck) to bet on a winning underdog, the higher odds mean a more favorable payout.
- Against The Spread
Rather than wagering on a heavily favored team, against the spread betting requires your team of choice to win by a certain number of points. Meanwhile, the underdog team cannot lose more than the number of allocated points. If a tie occurs, punters on both sides get their money back. This makes betting more exciting with more opportunities to win. Note: spreads can change depending on the odds of the dominant/underdog teams, so look out for any changes.
- Over/Under Betting
Rather than betting on the game’s outcome, over/under betting wagers on the total number of points scored during the game. For example, you can either bet on the total score being over a certain number (over betting) or below a specific score (under betting). You then receive your payout based on the total final score of the game.
Closing Thoughts
Betting on the Super Bowl lets you enjoy the Big Game while allowing you to earn some money on the side – how’s that for fun?
But with all bets, always check if you have enough disposable income to play, and always remember to bet responsibly.