Superbowl betting guide

The Super Bowl is the final game of the NFL season each season to determine the champion. Each year 100+ million football fans from around the world tune in to watch the Super Bowl game on Super Bowl Sunday. The Super Bowl is so big in the United States that there is a national holiday on the Sunday that the Super Bowl is played on every year.

Sportsbook analysts have stated that over $10 billion is wagered on the NFL Super Bowl every year, which makes the Super Bowl the most bet on single game in the world that is played on an annual basis. Chances are everyone reading this guide has placed a wager on the Super Bowl with their friends or coworkers, but you want to find out how to wager on the Super Bowl online.

You can bet on everything during the Super Bowl including the commercials. Commercials have become big business during the Super Bowl and companies often reveal humorous commercial ads during the Super Bowl broadcast. Betting on the commercials has become popular with people that watch the Super Bowl, but aren’t necessarily huge football fans.

We’re going to walk everyone through a bit of Super Bowl history and show you how to profit from the Super Bowl. Betting with an online sportsbook on the Super Bowl is imperative if you want to bet on the types of bets with the most value. Billions of dollars are made on the NFL Super Bowl every season, but billions are also lost and I want to make sure that our visitors’ profit.

Super Bowl History

The Super Bowl has a storied history that dates back to the 1960’s, which is when the 1st Super Bowl game was played. In 1966 the National Football League (NFL) and the American Football League (AFL) merged. Part of the merger was to play a championship game at the end of every season to determine what conference won.

The 1st Super Bowl was played in 1967 and was initially called the “NFL-AFL World Championship Game”. Many people called the game the Super Bowl, but the game wasn’t officially named the “Super Bowl” until 1969. Every year the team that wins the Super Bowl receives a trophy called the “Vince Lombardi Trophy”.

The Vince Lombardi Trophy is named after Vince Lombardi who was the iconic coach of the Green Bay Packers. Lombardi coached the Packers to victory in the 1st two Super Bowl games back in 1967 and 1968. The Super Bowl trophy was named after Lombardi before Super Bowl V, which was right before Vince passed away.

NFL Season Structure

If you ask any NFL football player about the journey to the Super Bowl they’ll tell you how hard it is to make it to the championship game in the NFL. The season starts with a short 4-week preseason schedule where teams finalize their rosters for the season. After preseason the 32 NFL teams battle it out in the regular season to determine what teams make the NFL Playoffs.

The NFL regular season lasts 17 weeks with each team playing 16 games (1 Game per Week & 1 Bye Week). After the regular season 12 teams move onto the NFL Playoffs including 8 division winners and 4 wild card teams. Two wild card teams from each of the NFL conferences make it to the playoffs every season.

The winner of each conference receives a bye in the 1st week of the NFL Playoffs, but the other 10 teams battle it out. The playoffs are so exciting because of the single elimination format used throughout the entire playoffs. There are four rounds in the playoffs including the Wild Card Round, Divisional Round, Conference Championship Round and Super Bowl.

Super Bowl Historical Betting Data

 It’s important to look at the historical betting data before placing your bet on the Super Bowl. You can find lots of trends by looking at the historical betting data, which is freely available online at numerous websites. The data below covers Super Bowl I – Super Bowl XLV (2011).

Super Bowl favourites have won 33 games while underdogs have won the Super Bowl outright 12 times.

  • Super Bowl favourites have covered ATS 25 times and pushed 2 times while underdogs have covered ATS 18 times.
  • The Super Bowl has gone over the total 22 times while the under has hit 22 times (Super Bowl I had no Total Line)

Betting on the favourite in the Super Bowl has proven to be profitable historically, but the favourite has only won ATS 3 times in the last 10 Super Bowl games. Clearly underdogs have been catching up to the favourites in the past decade, which goes to show you that the game is becoming much more competitive.

Betting on the over/under in the Super Bowl has proven to be a gamble throughout history. Unless you have a really good reason to bet on the game total in the Super Bowl you should avoid it. 22 Super Bowl games have gone over and exactly 22 have gone under. In the past 10 years the under has gone 6-4, but we can’t pick up any good betting trends based on that data.

2012 Super Bowl Spread, Preview & Predictions

Every year there are 1000’s of ways to bet on the NFL Super Bowl and make money. Sportsbooks release 100’s of unique prop bets related to the Super Bowl, but we’re going to focus on the spread and game total. This year the New England Patriots will meet with the New York Giants at Super Bowl XLVI in a highly anticipated rematch of Super Bowl XLII.

2012 Super Bowl  Betting Odds – Point Spread

  • Line Opened – New England Patriots -3.5
  • Current Line – New England Patriots -2.5 (-115 to -120 Juice)

The bookies opened the  2012 Super Bowl betting odds  with the Patriots listed as a -3.5 point favourite over the Giants. A lot of the action has been on the Giants up to this point and many sportsbooks have dropped the point spread down to -2.5 with added vig. It’s important to keep in mind that most of the betting action won’t take place until the weekend before the game.

2012 Super Bowl Betting Odds - Over/Under

  • Line Opened & Current Line – Over/Under 55 Points

The total is set high at 55 points and hasn’t budged since opening. I don’t think the line is going to move much because a lot of the public will have a biased towards betting the over in the Super Bowl, as casual fans want an exciting high scoring game.

2012 Super Bowl Trends & Historical Data

 The Giants and Patriots played in Super Bowl XLII in the 2007-08 season. New England was -12 point favourites in the game and the over/under was set at 55 points just like this year’s Super Bowl between the two powerhouse teams. As everyone knows, the Giants won Super Bowl XLII 17-14, which means the underdog and under bets were winners.

Not many Super Bowl games have had a total set above 50 points. Only 7 games in the history of the Super Bowl have had a game total over 50+ points and the under is currently 4-3 in those games. I tend to think that the 2012 Super Bowl between the Patriots and Giants will go under the total.

Historically in the NFL teams come out slowly in the Super Bowl in order to establish themselves. Teams haven’t played a game in two weeks leading up to the Super Bowl and you usually don’t see a lot of quick points. With the Super Bowl XLVI total set at 55 points one scoreless quarter should be enough to keep the game under the total.

If you want to bet on the point spread or moneyline we have some great trends to consider. In the past ten years the NFC has gone 7-3 ATS in the Super Bowl. The Patriots have also been historically bad ATS in the Super Bowl. The Patriots covered the spread in 2002 against the Rams, but the Patriots haven’t covered ATS in their last 3 Super Bowl appearances (2004, 2005 & 2008).

Another trend that Giants backers will love to see is the fact that in the past 10 years only 4 teams have made the Super Bowl after being underdogs in their previous two games (Divisional / Conference Championship Rounds). Those 4 teams have gone 4-0 ATS, which bodes well for the Giants who were underdogs against the Packers and 49’ers in their last two games.

2012 Super Bowl XLVI Predictions

I’m betting on the under 55 points and the Giants in this game. I have the Giants at +3 and I’d bet on them now if you want to bet on the point spread. There is a bit more value betting on the Giants moneyline if you think they win the Super Bowl game outright this weekend, but I prefer taking the FG cushion. The under I feel is strong based on the historical data that I’ve posted above and I don’t mind taking a stab at the under when the total is set so high.

Good luck with your bets.