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Legal sportsbooks across the US see a ton of action during the NFL season but that escalates even further when Super Bowl Sunday rolls around.

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Another popular wager is betting on the spread of the game. As of Monday, the spread, also referred to as the line of the Super Bowl, is as follows: Kansas City Chiefs (-3.5) Tampa Bay Buccaneers. The American Gaming Association reported that 23.2 million Americans planned to place a bet on this year’s Super Bowl, and an estimated $4.3 billion will be wagered across the country.

Super Bowl LVwill take place at Raymond James Stadium in Tampa, FL, on Sunday, Feb. 7, 2021.

With sports betting expanding across the US, legal wagering figures on the Super Bowl should continue to rise. For 2020, that figure came in at about $270 million after early reporting across 10 states.

The final tally is likely closer to $300 million – still a small percentage compared to the estimated $6.8B bet on the Super Bowl across the US via non-legal means.

Is it legal to bet on the Super Bowl in the US?

Yes, betting on the Super Bowl is now legal in many states across the country.

As sports betting becomes popular, more states have legalized and regulated it or have sports betting bills in place to do so. Legal sports betting is now in effect in more than a dozen states within the US.

You don’t need to be a resident of one of these states; you only need to be physically within the state’s borders at the time you place a bet.

Depending on the state, you can choose between several online sportsbook options. Many states have introduced legal sports betting industries since 2018.

Here’s a look at the status of legal sports betting in the US in advance of Super Bowl 55.

Best Legal Sites to Bet On Super Bowl 55

Where to bet on the Super Bowl in the US

As more states legalize sports betting, it should further reduce the amount of unregulated gambling in the US. If the state you’re in (or live near) now offers legal online and live sportsbooks, they are superior options for Super Bowl betting.

While betting on sports is legal in many states, not all offer online sports betting.

The most popular sports betting apps in many of these states are DraftKings and FanDuel. Both operators expanded from daily fantasy sports (DFS) to become two of the top online sportsbooks available in any market.

Various other successful online sportsbooks and apps exist in several states, too. Among them include William Hill, BetRivers, Fox Bet, PointsBet, BetMGM and SugarHouse.

Online sportsbooks for Super Bowl betting

New Jersey

The New Jersey sports betting market is the most mature in the US. The Garden State features a variety of online and retail sportsbooks.

In NJ, DraftKings, William Hill and FanDuel are among the top-performing online sports betting apps.

Pennsylvania

Pennsylvania’s sports betting market offers a lot of the same options as its neighbor. The Keystone State hosts several mobile sports betting apps and retail sportsbooks.

Besides DraftKings and FanDuel, Fox Bet Sportsbook is also one of the most popular platforms in PA.

Indiana

The Indiana sports betting market is one of the newest in the country. The Hoosier State features several online betting platforms, such as DraftKings and FanDuel. BetRivers Sportsbook is available as well.

PointsBet, Caesars, William Hill and Fox Bet are expected to launch in Indiana soon, too.

West Virginia

In 2019, West Virginia rebooted its online sportsbook offerings when DraftKings and FanDuel launched within days of each other. Both online apps are popular so far, and have helped increase handle in the state.

New Hampshire

Sports betting is legal in New Hampshire; it went live before 2020 began. Unlike most regulated sports betting states, NH hosts only one online option: DraftKings Sportsbook.

DraftKings won NH’s state testing for both online and retail sportsbooks. Its high scores, along with the company’s proposal for revenue splits, earned DraftKings the exclusive contract within the Granite State.

Nevada

Sports betting has been legal in Nevada for decades, and online/mobile sports betting since the start of the last decade.

Nevada is best known for its huge sportsbooks with TVs as far as the eye can see. Almost every casino also has an online betting app that people can use. Unfortunately, you have to go to the actual sportsbook to sign up for and fund the app.

But MGM Resorts, Caesars, Station Casinos and William Hill all have betting apps that you can use in the state, among others.

Additional online betting states

Several other states have online wagering and a mobile app (or more than one, in Iowa’s case) for the Super Bowl. They include:

About Super Bowl LV

• Date: Sunday, Feb. 7, 2021
• Location: Tampa, FL
• Venue: Raymond James Stadium
• Kickoff time: 6:30 p.m. EST
• TV network: CBS

Super Bowl betting options

Betting on the Super Bowl has become even more popular since the emergence of legal online sportsbooks.

Players who live in a state with online sports betting can place wagers throughout the big game right from their mobile device.

Even those who don’t have access to an online option can still get action down. Several states have legalized sports gambling, but haven’t legalized online wagering or don’t have any apps available yet.

The betting options for the Super Bowl should be about the same, whether you’re betting online or at a retail sportsbook.

The following are the standard betting types available for Super Bowl LV:

Point spread

Betting against the point spread is the most common way to wager on any NFL game.

The spread provided by sportsbooks is supposed to even the game out so that both teams are on a level playing field. You can either take the favorite and give points, or bet on the underdog receiving them.

In Super Bowl 53, the Patriots were favored and were giving a 2.5-point spread. They won the game and covered the spread by winning by 10.

Moneyline

A moneyline wager is similar to a point spread bet, except there aren’t any points involved.

Like a spread bet, you must pick a team to wager on; however, the outcome of the bet is strictly decided by which team wins the game.

The moneyline for each team is based on the size of the point spread. In Super Bowl 53, the Patriots were giving 2.5 points and were listed around -140 on the moneyline. So, in order to have won $100, you must have wagered $140.

On the other hand, since the Rams were underdogs, those who bet on LA would win more than they wagered. The Rams had odds at +115, so a $100 bet would have won $115 if LA were victorious.

Totals (over/under)

Game totals are another popular betting option for the Super Bowl. If you’re unsure of which team will win the game, you can still wager on the game’s over/under.

In Super Bowl 53, the total for the game was set at 56 points. Since there were only 16 total points scored in the entire game, those who bet on the under would have won.

Most sportsbooks offer specific team totals, such as when you wager on the total number of points that one team will score.

Super Bowl 2021 live betting

Live betting is one of the most popular ways to wager with an online sportsbook.

Instead of having to place a bet before the game starts, in-play betting allows you to wager at any point during the game. Live betting is excellent in a lot of ways.

Also known as in-play betting, you can miss the start of a game and not be locked out from betting altogether. It also gives you a chance to see how the game starts before committing any money.

As a sporting event goes on, sportsbooks update the odds based on what’s occurring in the game. You will have updated lines for all of the standard odds, including point spread, moneyline and game totals.

A lot of sportsbooks will expand on these even farther. Alternate lines, as well as game, team and player props, are often available too.

Live betting is best with an online sports betting app because of the speed at which the odds change. Lines will adjust with just about every single play, so having an online sportsbook is the best option.

The majority of online sportsbooks offer live betting and will do so for this year’s Super Bowl as well.

Super Bowl 2021 prop betting

Another popular betting option for the Super Bowl is prop betting.

More than any other NFL game during the year, the Super Bowl always has a long list of prop bets available.

These are typically exciting because they don’t have much to do with the outcome of the game. While it will vary based on the book, here are some of the most popular prop bets that may be available in your state for the Super Bowl:

• Coin toss outcome
• Coin toss winning team
• The first team to score
• Last team to score
• Will the game go to OT?
• Winning margin
• Longest/shortest field goal
• Longest/shortest touchdown
• First scoring play
• Team to score first and last touchdown
• Will there be a safety?
• TD scorer jersey numbers
• Total touchdowns
• The total field goals
• Total sacks
• MVP

The most common prop bet is typically the Super Bowl MVP. Like a lot of props, wagering on who will be named the game’s MVP is excellent because it only takes a small bet to come away with a big payday.

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Of course, it depends on who you bet on to win the award, but every player listed under the MVP prop will have plus odds — if you win the bet, you’ll net more money than you had to wager initially.

In Super Bowl 53, Patriots wide receiver JulianEdelman won the MVP. Prior to the game’s start, his odds were around +2000, or 20-to-1. Those who bet $10 on Edelman to earn the achievement won $200 in return.

In Super Bowl 54, Kansas City Chiefs quarterback Patrick Mahomes earned MVP honors.

Single-game DFS contests for Super Bowl 55

Even though some bettors can’t wager through an online sportsbook because their state hasn’t launched yet, they do have alternate choices.

One of the most popular ways to have a financial stake in the Super Bowl that doesn’t involve a sportsbook is with daily fantasy sports.

Daily fantasy sports is where operators like DraftKings and FanDuel first made their name. Instead of having a team for an entire year like in season-long fantasy leagues, DFS consists of teams you draft for one day or week.

These games are seen as legal and available in more than 40 states. Like sportsbooks have with prop bets, DFS providers also have special games in place just for the Super Bowl.

FanDuel Big Game Bingo

Big Game Bingo is a free bingo-styled game that FanDuel provides for the Super Bowl. In this game, you can win money for filling out your digital bingo card.

The card consists of props bets for the Super Bowl that include some odd ones you won’t be able to bet on at sportsbooks. These consist of celebrity sightings, songs played during the halftime show and commercials.

Although it’s not easy to win, FanDuel offers participants a prize pool of $25,000. The game has continued to grow in popularity, with more than 350,000 entries in years past.

DraftKings Super Bowl Squares

DraftKings offers a similar sort of free game for the Super Bowl. With DraftKingsSquares, you can win cash prizes for having the right box on your virtual card.

Just like “box pools” that many take part in, you can win if your box matches the score of the game at the end of each quarter.

Every card consists of numbers zero through nine along the top and the side. The two teams playing in the Super Bowl will also be posted, with one on the top and one on the side.

If the final digit of each team’s score in the game matches your box, you are a winner. Typically, payouts are at the end of each quarter, with the halftime and final score counting for more.

Super Bowl betting at retail sportsbooks

Unfortunately, some states in the US still don’t have online sports betting apps.

Some have legalized online wagering and haven’t launched any online sportsbooks yet. Others offer retail sports betting but have not legalized online sports wagering.

New York

New York has a variety of retail sportsbooks in operation, but no online betting as of yet.

The state’s commercial and tribal casinos have sportsbooks where you can place a bet in person. If you are looking for a place to bet, read more about NY sportsbooks.

Delaware

Online sports betting is legal in Delaware but is currently not available.

If you’re looking to bet on the Super Bowl, you must visit a retail sportsbook at one of the three in-state casinos:

• Delaware Park Casino
• Dover Downs Hotel & Casino
• Harrington Raceway & Casino

Mississippi

Mississippi offers retail sports betting, but not online wagering. You can only bet on sports from either the water- or land-based casinos located in the state.

While state regulations do allow a form of mobile sports betting, it must occur on-site at one of Mississippi’s casinos.

The BeauRivage (Biloxi) and GoldStrike (Tunica) casinos were the first two in the state to accept legal sports wagers. Mississippi sports betting now features more than 20 retail locations.

New Mexico

New Mexico offers several sportsbooks at tribal casinos. You must visit one of these to place a legal bet in NM.

Arkansas

There is currently just one Arkansas sportsbook: Oaklawn Racing Casino Resort.

Super Bowl LIV FAQ

How much is bet on the Super Bowl every year?

The American Gaming Association estimates that a total of $6 billion was wagered on the 2019 Super Bowl. Only $325 million of that was at legal US sportsbooks, both online and retail. Furthermore, that number will grow as more states continue to regulate sports betting.

How many people watch the Super Bowl every year?

According to the Nielsen rating, around 98 million people watched the Super Bowl between the Patriots and Rams in 2019.

What is the Vegas betting line on Super Bowl LIV?

The betting line will be established once the Super Bowl LIV matchup is set. Check our page on US betting sites to see where you can find the latest Super Bowl odds in your state.

Betting on the Super Bowl is an easy thing to mess up if you don’t know what you’re doing or understand the terminology. Should you take the three points and bet on the Tampa Bay Buccaneers? Will the Kansas City Chiefs win by more than three?

Can the Buccaneers beat the Chiefs straight up? What the heck is a total?

Sports betting may seem relatively easy. You may think you don’t need help. But do you want to put your money at risk over a procedural error or misunderstood terminology? Here’s a guide to help you understand betting before you place your wagers.

Sports Betting Terminology

The betting line tells bettors the odds for a game and will give three betting options— the point spread, the moneyline, and the total (over/under):

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As you can see, the odds are similar between the two sportsbooks, but they have some differences. That is why you should always ‘shop around’ for the best odds before putting some money down. But to tell who has the best odds, you need to know what they are.

Moneyline

When you are betting the moneyline, you are picking one team to win the game. Rather than give or take points to level the playing field, sportsbooks increase the amount you can win if you bet on the underdog. Consequently, you will win less betting on the favorite.

How can you tell how much you will win?

That is what the moneyline is for. The three-digit number will be preceded by a (-) for the favorite and a (+) for the underdog. Bet the moneyline on the Buccaneers at BetRivers, a $100 bet wins $143. But if you were to take the moneyline on the Chiefs instead and they win, you’d have to risk $162 to win $100.

Point Spread

Sportsbooks know all teams are not created equal. To give each team an equal chance of winning, they give or take points to even the playing field. Like with the moneyline, the favorite is preceded by a (-) and a (+) for the underdog.

For Super Bowl LV, the Chiefs are considered a three-point favorite (-3). That means the Buccaneers are three-point underdogs (+3). Bet the spread on Kansas City, and they will have to win by four or more points for you to win your bet.

As for Tampa Bay, if they do not lose by three or more points, you win the bet. If the final score was 26-24, Chiefs, and you bet the spread on the Buccaneers, you would still win.

Total (Over/Under)

The total, or over/under, refers to the total number of points scored by both teams in the game. Sportsbooks will list one number in the betting line (56.5 for Super Bowl LV). If you think both teams will combine for 57 points or more, take the over.

But if you believe they will combine for 56 or less, take the under.

How to Place a Bet

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Now that you are familiar with the terminology, let’s talk about how to make a bet. The process may vary from one book to the next, but most will be like this:

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• Register for an account and make your first deposit.
• Be sure to take advantage of any bonuses offered like the one FanDuel is running for first-time users. Make your first deposit and bet $5 on one team to win, and the odds for that team will get boosted to 55/1 (+5500).
• Decide how you want to bet and click on it.
• After your choice appears in your betting slip, decide how much you want to bet.
• Click ‘place bet’ to place your bet.

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But How Should You Bet?

Novice bettors are like most bettors and tend to gravitate towards the great equalizer, the point spread.

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A three-point spread is the most common one in the history of the NFL. Underdogs have won more than favorites over the years, but the breakdown is close to 50/50. However, when it comes to straight-up wins, the scale tips more towards the underdogs (almost 60/40).

This season, the Chiefs were only 7-9 against the spread while the Buccaneers were 9-7. So, from a historical perspective, it looks like taking the Buccaneers and the points could be a great bet– but it is far from a lock.

Not sure which bet to make? Try our free Super Bowl Squares game with your friends.