NFL Super Bowl Odds
NFL Super Bowl Odds: History
The New England Patriots and Pittsburgh Steelers have won the most (six) Super Bowls in history. However, neither of these two sides has won in the last four years.
In 2022, the Los Angeles Rams lifted the coveted trophy for the second time in their history.
NFL Super Bowl Odds: Outright Betting on The NFL
Outright bets are completely different from short-term bets like the moneyline or spread bets. Outright bets involve putting your money on a specific team to go on and win the championship at the end of the season. Here is an example of how the Super Bowl odds might look.
Team
Odds
Buffalo Bills
+290
Philadelphia Eagles
+550
Kansas City Chiefs
+800
Tampa Bay Buccaneers
+1300
Minnesota Vikings
+1500
Baltimore Ravens
+2000
If you bet $100 on the Buffalo Bills - who are favorites in the table above- to win the NFL Super Bowl, you will win $290 if they go on to win. If you bet $100 on Baltimore Ravens, who aren’t as favored as their odds suggest, and the Ravens win the Super Bowl, you would win $2,000 based on their NFL Super Bowl odds.
NFL Super Bowl Odds: How Outright Odds Change
The initial odds in long-term betting markets are derived from performances in the previous season and rumors in the pre-season. These long-term odds fluctuate throughout the season.
Predicting the team that could win the NFL Super Bowl is a task. A lot of in-season factors, like consistency, injuries, and scheduling come into play and change the odds from what you see at the start of the season.
NFL Super Bowl Odds Strategy
Maximizing value
Adept bettors rely on value when making their decisions. The goal when betting on outcomes is to find odds that are valued better than they should be for the outcome you expect. Outright bets offer long-term benefits when you choose the right odds. Because of the changing odds, you can place smaller, more profitable bets once the season commences.
Unpredictability is normal
The odds will fluctuate through the season. This inevitable fact should be accepted and understood by bettors. Don’t be scared, and just keep your eyes on the charts, looking for any opportunity that presents itself to hedge previous wagers. Watching games will help you read team patterns.
The past matters
Watch the games to understand teams. Not all of them will be consistent every season, but the history books will tell you more about the favorites and the underdogs. Extracting maximum value from bets will depend on your research and instincts.
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