How to Bet on Superbowl 2014

money-footballMetLife Stadium will host quarterback Peyton Manning and the Denver Broncos, Sunday Feb 2nd, facing off against the “Legion of Boom” and the Seattle Seahawks in the 2014 Super Bowl. The Super Bowl is the biggest event in sports to place a little hard earned cash on. You can bet the point spread, over/under, player prop bets, team prop bets and crazy prop bets that have nothing to do with the actual play on the field, but rather the half time show or the national anthem. Opera singer Renee Flemming will belt out the national anthem, while Bruno Mars and the Red Hot Chilli Peppers raise the roof at half-time. Then for the serious gamblers we have alternative point spreads and alternative game totals, which give bettors the chance to earn better payouts on the game because it takes more skill to predict. Below is your guide to all things related to Betting the Super Bowl.

If you want to bet the point spread, the Broncos are -3 point favorites heading into the game. If the Broncos win 24-18 you would be a winner. If the Broncos won 24-23 you’d be a loser. If you picked Seattle +3 they’d have to come within 3 points to win. Meaning if the Broncos won 24-23, you’d be a winner.

Alternative point spreads give bettors the chance to earn better payouts on the game if they believe that the set line is inaccurate. Instead, they could bet on the Seattle Seahawks -3.5 at +180, Seattle -7.5 at +350, Seattle -10.5 at +500 or Seattle -17.5 at +1000. Denver backers could get the Broncos at -7.5 at +275, -10.5 at +400, or -14.5 at +700.

The Broncos are listed as -135 moneyline favorites while the Seahawks are listed as +115 underdogs. If you bet the moneyline (outright winner) you have to bet $135 to win $100. No matter the point differential the Broncos must win. Meaning if you picked Seattle +115 and they won outright you would bet $100 to win $115.

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Betting the over/under is wagering on the total points scored between the two teams. The over/under is currently set at 47 points. This would read like this.
Over 47 (-105)
Under 47 (-115)

Meaning if you think the total will be over, you’d have to bet $105 to win $100. If you think under (which is favored) you’d have to bet $115 to win $100.

Alternative game totals also offer improved payouts. Bettors that believe that the weather will lead to a low-scoring game could take the Under 34.5 at +475 or the Under 37.5 at +300, while bettors handicapping the game out to be a shootout can bet the Over 55.5 at +240 or the Over 60.5 at +400.

Prop Bets are wagers within the game. For example: How many Total TD Passes will Peyton Manning Throw? This would read like this.
Over 2.5 (+110)o
Under 2.5 (-140)u

Your betting on will Peyton throw for over 2.5 touchdowns or will he throw for under 2.5. If you think he’ll throw over you have to wager $100 to win $110. Peyton is favored to throw under 2.5 so you would have to wager $140 to win $100. Anything with a minus is favored.

Cray Super Bowl Prop Bets are wagers like: Will it snow during the game? Will the power go out in the stadium during the game? How many times will Peyton Manning say “Omaha” during the game?
Will it snow during the game?
Yes (+300)
No (-500)

Once again the favorite here is that it won’t snow. You’d have to bet $500 to win $100. The updated weather forecast is calling for a 20 percent chance of a wintry mix. It’s Jersey (not New York) in February and the East coast has been smacked several times this season with crappy weather. If a single snowflake dares to hit the ground in that smelly swamp you know every photographer in the stadium, and every moron with a smart phone, will have their lenses pointed at it. It’s a safe bet.

Novelty bets are on things like the half time show and the national anthem. Will Renee Fleming forget or omit at least 1 word of the official US National Anthem? No -500 yes +300. Will any member of the Red Hot Chili Peppers be shirtless during their performance? Yes -150 no +110. The most famous wager is What Color will the Gatorade (or liquid) be that is dumped on the Head Coach of the Winning Super Bowl Team? Yellow is favored.

The Bottom Line: To place a wager we recommend you signup with Bovada to receive a 10% signup bonus heading into the 2014 Super Bowl.