Our NFL betting expert explains how to wager on the Super Bowl spread and reveals his predictions for one of the most popular betting markets ahead of this year's big game between the Chiefs. NFL Super Bowl Odds And Betting Moneyline. Also known as a “straight bet” a Moneyline bet just chooses the winner of the game. When betting on the Moneyline, the odds are usually not exact. About: TheSpread.com is the largest sports betting news site in the United States. We provide point spread news, odds, statistics and information to over 175 countries around the world each year. Get the latest NFL odds, point spreads, money lines and over/unders for popular sportsbooks and view SportsLine's expert analysis of each upcoming game.
When it comes to sports betting lines, you probably are wondering what the lingo of lines, odds, and spreads really mean. Understanding what these terms mean is essential to making proper picks on your favorite teams. For the most part these rules apply to all the main sports such as football, basketball, soccer, and hockey. But there are some key differences when betting against the big leagues like the NFL, NBA, and MLB.
Nfl Betting Lines Week 3
Super Bowl and Stanley Cup Betting Odds
A betting line is another terminology for point spread, which is tied to the outcome of the event. It is a forecasted prediction of how many points an anticipated stronger team will win by against a weaker team. In the betting world the stronger team is referred to as the favorite, and the weaker team is referred to as the underdog. These collectively are referred to as spreads.
NHL, Baseball, WNBA Playoffs Betting Picks
In a point spread, you have to bet against the forecasted outcome one way or the other, you cannot just pick a team to win lose or it without laying down a lot of money or it would be too easy to beat a highly likely winner. Instead if a team is predicted to win by 7 points, the spread would be -7 towards that team. You then must place on a bet on whether you think the favorite would beat the underdog by at least 7 points, or if you think the underdog could cover and lose by less than 7 or win. Sometimes a game is considered highly contested and balanced that you might have what is called a pick-em where you simple pick which team will win. Point spreads are common in the NFL.
NBA Point Spreads and NCAA Lines Reviewed
After point spreads are established, you can then look at the moneyline bet. This is generally correlated to the point spread except it shows how money you can win based on your wager. Some sports do not use a point spread but rather just stick to a moneyline bet. For example, a team that was a -7 favorite would likely have a moneyline negative as well, say -200. That means, you would have to bet $100 to win $200. Alternatively there is a plus bet that goes with the underdog, say at 250. That means if you bet 100 and the underdog wins, you can win $250. Moneyline bets generally involve a higher wager to make money as opposed to point spreads. Moneyline picks are the most common wager instrument in the major sports of NBA, MLB, hockey, and soccer.
Nascar, PGA Golf and MMA UFC Betting Lines
In unique situations, where a game has a lot of prestige such as the NFL super bowl , NBA playoffs, or the Stanley Cup, you can bet on prop bets which are bets on specific things that could happen during a game. This is a play strictly based on odds of something happen against it not happening. An example might be whether a field goal would be the first type of score in the football game. At any time as people are betting one way or the other, the odds will adjust as people make picks one way or the other.
Premier League, British Open Championship and College Football Odds Every Week
Opening lines generally come out a week before an event but for major events like the Superbowl, it might be out for two weeks once the matchup is established. Football events opening lines generally come out on a Tuesday after all the previous weeks games have been played and is usually the sport most heavily used to gamble on. Basketball and MLB have games more frequently and usually the opening line might only exist for the day of an event.
The Tampa Bay Buccaneers and Kansas City Chiefs are set to play in the 2021 Super Bowl Sunday with kickoff scheduled for 6:30 p.m. ET at Raymond James Stadium in Tampa, Fla. SportsbookWire has you covered with picks and predictions for all the best bets in Super Bowl LV. Below, we’ll look at the updated odds and lines for the Big Game, break down the line movement at BetMGM Sportsbook and highlight some of the biggest bets placed on Super Bowl 55.
This is expected to be one of the most-heavily bet Super Bowls ever with the spreading legalization of online and mobile sports betting at legal sportsbooks in the United States.
Also see:Chiefs vs. Buccaneers odds, picks and prediction
2021 Super Bowl odds and lines
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Saturday at 3:40 p.m. ET.
Nfl Betting Spreads And Lines
Money line
: Chiefs -160 (bet $160 to win $100) | Buccaneers +135 (bet $100 to win $135)Against the spread/ATS: Chiefs -3 (-115) | Buccaneers +3 (-105)Over/Under: 56.5 (O: -110 | U: -110)Special Betting Promotion!
BET $1, WIN $100 (in free bets) if the team you bet on in the Big Game wins. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on the Big Game now!
2021 Super Bowl line movement
Also see:Bet Slippin’ Podcast
Super Bowl spread
The Chiefs are the public’s favorite for Super Bowl 55 with 60% of against the spread bets placed on Kansas City. The Chiefs opened as 3.5-point favorites but some big bets placed on the Buccaneers have dropped the line to a flat 3 points with 52% of the 2021 Super Bowl betting handle placed on Tampa Bay.
The Chiefs still need to win by at least 4 points in order to cover the spread. A win by exactly 3 points now results in a push and all ATS bets being refunded instead of a 3-point loss counting as an ATS win for the Buccaneers.
Super Bowl Over/Under
Unlike the spread, sharps and the public are aligned with the total. BetMGM reports 66% of O/U tickets and 62% of the handle are both on the Over; however, the line has dropped from an opener of 57.5 to 56.5.
The Chiefs and Buccaneers combining to score 57 or more points is a win for those holding Over tickets on the current total and a final score adding up to 56 or fewer points is a win for the Under.
Special NFL Betting Offer
BET $1 on Buccaneers money line, WIN $100 (in free bets) if Tom Brady throws a TD pass against the Chiefs. Offer available in CO, IA, IN, MI, NJ, PA, TN, VA and WV. Place all of your legal, online sports bets at BetMGM! Terms and conditions apply. Bet on Bucs now!
2021 Super Bowl notable bets
Also see:$2.3M bet placed on Bucs to cover
$2.3 million to win $2 million on Buccaneers +3.5$345K to win $300K Buccaneers +3.5 (-115)$205K to win $186,363.65 Chiefs/Bucs under 56.5$180K to win $100K on Chiefs (-180) money line$115K to win $100K on Chiefs -3.5 (-115)$110K to win $100K on Chiefs -3.5 (-110)Don’t miss: Play our new, free daily Pick’em Challenge and win! Play now!
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