Betting on the Super Bowl can be done pre-season or during the season, using secure and regulated betting websites.
The Super Bowl is regarded as the single biggest sporting event of the year in the United States (US). The Super Bowl is the annual championship game of the National Football League (NFL). It has served as the final game of every NFL season since 1966 and since 2004, and the game has been played on the first Sunday in February since.
The game was created as part of a merger agreement between the NFL and its rival, the American Football League (AFL). The Super Bowl owes its existence to a group of businessmen who wanted their own pro football franchises and were distressed by the NFL’s unwillingness to expand. After several years of rivalry between the NFL and AFL, NFL Commissioner Pete Rozelle and Lamar Hunt who was the Owner of the AFL’s Kansas City Chiefs, negotiated a merger agreement in 1966, and the two leagues formally joined forces in 1970.
According to reports, Hunt suggested that the new game be termed the ‘Super Bowl’. While the name was still being considered by both Hunt and Rozelle, sportswriters started using it in advance of the introductory game in January 1967, and it has stuck until today.
Super Bowl’s coverage and ratings
The Super Bowl is one of the most watched sporting events in the world, with a viewership that is overwhelmingly from the US. The annual championship game tends to have high television ratings, with more than 100 million people from the US alone watching. The 2015 Super Bowl XLIX game holds the record for the highest average number of US views, with 114.4 million people watching and making the game the most viewed TV broadcast of any kind in American history. Further, an all-time high of 168 million viewers in the US alone had watched several portions of the Super Bowl 2015 broadcast.
Moreover, due to the game’s high viewership, many brands have set out to debut their commercials during the Super Bowl. According to reports, this started in 1984 when Apple debuted its Macintosh computer advert (ad) during the game. Since then, corporate America started to debut their best ads during the game. This includes Chipotle, Bud Light, Pringles and Mercari.
Betting online is not the only place to bet on the game, but it is hailed as the best. Some of the best Super Bowl betting sites include My Brookie, BetUS, Bovada, BetOnline, BetNow, Betway, TonyBet, 10Bet and Bodog. Betway, TonyBet and 10Bet are betting apps.
Online betting offers convenience and ease of use, because it allows a person to avoid waiting in line to place a bet or buy a ticket. Betting online also allows a person to see all the betting options in one place and this promotes shopping for the best prices. Lastly, it means that one does not have to leave their home because the bets can be placed from any location.
Betting on the Super Bowl comes in different ways and different times. Pre-season betting is done once the Super Bowl ends and the odds for the following year are released. Many people believe that the odds and prices are most favourable for several teams during this time. Betting during the season allows one to do so at any time during the regular season. Bettors also have the option of betting when the odds are reset, with the teams that qualify for the playoffs, as that is when the playoffs start. Lastly, another popular option is betting once the teams are set.
Furthermore, it is advisable for bettors to hedge their Super Bowl bets as a way to protect themselves from losing any money and ensuring that they walk away with something positive no matter the outcome. Hedging bets entails a person putting half of their money in stock and the other half in bonds. In sports terms, hedge betting is placing a wager on the opposite side of an existing bet. An example would be the Super Bowl 54, where bettors who had wagered $100 profit went into Super Bowl Sunday with a chance to win $4,000 if San Francisco won and a loss of $100 if the opposite team, Kansas City, won. Bettors who hedged $2200 were guaranteed $1,800 profit if the Kansas City Chiefs won and $1,833 if the San Francisco 49ers won.
Lastly, the most popular types of Super Bowl bets include Super Bowl Futures, which entails betting on who will win the Lombardi trophy and which teams will make the big game. Additionally, Super Bowl Game Bets are standard wagers that are available for all football games and the In-Play Super Bowl Wagers are a range of bets that are available during the game. Lastly, the Super Bowl Props is considered the most popular Super Bowl wager as it comes with variety.
Bettors are advised to avoid unregulated websites and unsecured sportsbooks. The internet comes with many options and the online betting industry can be very competitive, which may lead certain companies to take shortcuts at the expense of the bettors. There have been reports of people not being able to withdraw their money or having their funds held up, because their banks would not validate the betting website as it is an unsecure and unregulated one.
Furthermore, it can be very easy for people to lose control of how many bets they have participated in and how much they have spent. It is, therefore, wise to always keep a record of bets and to always bet what is affordable. It is helpful to bet selectively by considering what is in the entire market and what would bring the most value.
Lastly, another tip is to focus on meaningful and fact-checked information, rather than hearsay about teams and their performance. When it comes to predicting how a football game will turn out, it is useful to pay attention to the statistics and to concentrate on the current year’s data.