![]() ![]() If you wagered on the Green Bay Packers, for your bet to be a winner, the Green Bay Packers need to win by at least 4 points. This means that the Green Bay Packers are considered the “favorite” team by the sportsbook. Let’s say the Green Bay Packers are playing the Pittsburgh Steelers, and the Green Bay Packers have a -3.5 point spread. What is meant by “point spread” is a point margin or handicap that is given to a team in order to make the odds more even. Spreadīetting on the point spread is one of the most popular Super Bowl bets by far. For example, if the Kansas City Chiefs are playing against the Philadelphia Eagles, and you bet the moneyline on the Kansas City Chiefs, your bet will be a winner if the Kansas City Chiefs emerge as the champions, regardless of the point difference by which it happens. The moneyline pick is when a player wagers on a team to win the match outright. Remember, a value bet is one where your estimated possibilities of an outcome are higher than the sportsbook’s implied probability. This will help you have a better idea of the real probabilities that each team has, and to determine whether there is value in the bet or not. Hence, if you are planning on betting on an early line, it is recommended that you follow closely what is going on around the teams you are considering wagering on. ![]() These bets in advance are also called early lines, and they ebb and flow depending on the news and developments surrounding each team, like trades, draft selections, and injuries. If you are eager to secure your place in the action surrounding Super Bowl 58, several sportsbooks allow you to place bets in advance, even now. Before joining the action, however, it is important that you understand the different types of bets involved, and how to read and interpret the odds adequately so that you can make informed betting decisions. Therefore, Super Bowl 58 is set to be a very exciting event for football fans worldwide, with the increase in betting activity adding to this enthusiasm. According to a report from the American Gaming Association, the 2023 Super Bowl totalled $16 billion in wagers, doubling the amount that had been recorded for the 2022 Super Bowl, which was $7.6 billion. Where: Allegiant Stadium, Paradise, NevadaĪs it usually happens, we expect the 2024 Super Bowl to register a record betting activity. For the first time in the history of The Big Game, the match will be hosted in the state of Nevada. ![]() After the Oakland Raiders decided to relocate to Las Vegas, the city was awarded the rights to host the 2024 Super Bowl. Plus, there are added factors that increase the fever and anticipation. Driven by its celebrity-populated halftime show, it offers the most coveted spots for brands–its advertisements becoming prestigious status symbols worth millions and millions of dollars. Only historic, once-in-a-lifetime events like the Apollo 11 Moon Landing and Richard Nixon’s resignation speech have received as many viewers as The Big Game.īecause of this, the Super Bowl has become about more than football. According to Nielsen, out of the 10 most watched broadcasts of all time, 8 are Super Bowl Games. In America, few events can match the excitement that the Super Bowl generates. ![]()
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