The regular season has come to an exciting conclusion and the Vegas odds for Super Bowl 2021 are coming into focus. In addition to knowing what are the current odds for Super Bowl LV, you will also need to know how to read and navigate them. We’ll lay out all the differences between Super Bowl line odds and odds for Super Bowl prop bets. This is your one-stop-shop for Super Bowl odds 2021.
Las Vegas Super Bowl Odds Favorites
The Vegas favorites to win the Super Bowl have been the same since the beginning of the 2020-21 season. The Kansas City Chiefs opened the season with a +700 odds of winning Super Bowl LV. Those are not the highest odds, because Super Bowl futures odds are always a bit riskier, but they were still the best of the league.
This is something to keep in mind when betting on the Super Bowl. The odds for Super Bowl futures bets will always carry more risk and be worth more money. When looking at the odds for who will win the Super Bowl, keep in mind how far away you are from the big game. This is a moving train.
The Chiefs remain the Vegas Super Bowl odds favorites to win, now at +200. Next up are the NFC’s lead contender: the Green Bay Packers. At +400, they are a small, but significant, step behind the Chiefs in terms of odds to win the Super Bowl 2021.
Other Super Bowl Contenders include New Orleans Saints, Tampa Bay Buccaneers, Buffalo Bills, and Baltimore Ravens.
Where to Find Live Super Bowl Odds
Betting on the Super Bowl live is one of the most exciting betting experiences you can have. In order to make it the best it can be, you will need to find a great online sportsbook that will rapidly update their live Super Bowl odds.
While almost all sportsbooks will have a section for live betting, there can be a whole football field of differences between the features and assets they offer. Some will provide live updates. Some will provide visual updates such as a digital field. They will update their live Super Bowl odds more or less frequently.
If you are looking for sportsbooks with great live odds and in general live betting experience, we can help. Our guide to live-betting sportsbooks will point you in the right direction.
Odds for Different Super Bowl Bets
Super Bowl betting comes with lots of different bets, and we should know how to read a variety of Super Bowl odds. Whether we are looking at odds tow in the Super Bowl outright, finding the odds for the Super Bowl spread, or any number of other bet types available during the final match.
Let’s look at some of the most common and fun Super Bowl Vegas odds for different bet types.
Odds to Win the Super Bowl
The odds to win the Super Bowl outright are the simplest and most common of all. You are simply betting on the winner, and that’s it. These are also known as single, moneyline, or straight bets. In American odds, the lower the number, the more likely the team is to win.
Of course, the second you combine this type of bet with another bet, you can set up a parlay, accumulator, or multiple bet. Here your odds will get slimmer, but your profits will skyrocket if you manage to pull it off. Remember, in these circumstances, all bets on your bet slip have to come out your way, otherwise you lose the whole thing.
Super Bowl Betting Lines
When looking at the odds for Super Bowl betting lines, you might be struck by something: they will always be nearly evenly matched. That’s because the sportsbooks engage in handicapping to make the odds to win the Super Bowl bet even. They do this by adding points and saying that the favorite has to win by, say, 7.5 points, in order for them to be considered a winner for this type of wager.
Super Bowl Spread
When looking at Super Bowl spread odds, keep in mind exactly what you are betting on. The sportsbooks normally do a pretty good job of handicapping these to make them less than obvious.
You are betting on the total number of points scored between the two teams. So let’s say the Kansas City Chiefs go up against the Green Bay Packers. The sportsbook may offer a spread of 42.5. You would then bet on if the total number of points is more or less than that. Given the focus on offense amongst these two teams, I would go with over in this case.
Super Bowl Prop Betting Lines
Looking at odds for Super Bowl prop betting can be quite strange. It is very hard to predict the outcome of events that are not related to the outcome of the game. For example, will the coin toss land on heads (+105) or tails (+105)? Well, there really is no educated guess or pick for these Super Bowl prop odds.
Other odds for Super Bowl prop bets are more navigable. For example, if the longest touchdown will be run in or thrown in. This is an example of something you can research and make an educated bet on.
Super Bowl Futures
Vegas odds for Super Bowl futures will change over time. Right when Super Bowl LV ends, you will find future odds for Super Bowl LVI. The earlier you get your bet in, the more money you are likely to make. That is because odds for futures bets calculate the risk inherent in the passing of time between the event and the bet.
For example, the Chief’s odds to win Super Bowl LV have gone from +700 to +200.
See below the top sportsbooks where you can wager online and choose the best one for you: