What Are The Vegas Odds On Super Bowl
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NFL February 7, 2021 Super Bowl Vegas Odds: Westgate, William Hill, BetMGM, Wynn, Fanduel. It’s the Super Bowl Sunday! Tonight, we’re going to find out who’s going to win the most prestigious title in the NFL – Tampa Bay Buccaneers or Kansas City Chiefs? It’s going to be a pretty close game, at least that’s what oddsmakers think. According to the betting operator, BetMGM, the Chiefs are once again the favorite to win the Super Bowl at +600 odds (Bet $100 to win $600). The Buccaneers are the third-betting choice at 10/1 odds, right behind the team they knocked out in the NFC Championship, the Green Bay Packers at 9/1. It was Tom Brady’s 10th Super Bowl, and his seventh Lombardi Trophy. With that said, betting on the NFL never stops and the odds to win the 2022 Super Bowl (56) are already up at legal sportsbooks. The days of relying solely on Las Vegas for Super Bowl Odds is officially over with the launch of legal sports betting in the United States. The Tampa Bay Buccaneers are fresh off winning a championship against the Kansas City Chiefs, but Vegas is already looking forward to the 2022 Super Bowl. Check out the opening title odds for all. Super Bowl 55 is looking like a record-breaking betting event. The Kansas City Chiefs (-3') are a small favorite over the Tampa Bay Buccaneers. Odds analysis, popular bets, player props along with.
How to read Super Bowl 56 Odds
The Kansas City Chiefs lost to the Tampa Bay Buccaneers in Super Bowl 55. However, the Chiefs remain the favorites to win Super Bowl 56 at SoFi Stadium in Inglewood, California.
The Chiefs are listed at 6/1 odds (Bet $100 to win $600), while the defending champion Buccaneers are the third-betting choice at 10/1.
In between Kansas City and Tampa Bay are the Green Bay Packers, who are currently at 9/1 odds.
Here is a quick reference on Super Bowl odds for the upcoming 2021 NFL season.
How to read NFL Las Vegas Odds
The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
What Are The Vegas Odds On Super Bowl Projections
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as vig or what many in the sports betting industry call vigorish. Another common term is called juice and its technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)
It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.
Another number thats posted on the NFL Las Vegas is the total or over/under for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NFL Open Line
One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If youre betting on the NFL or any other sport, its a great idea to view the open line first.
VI Consensus NFL Line
The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a Median Line since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
How do I bet on the Super Bowl?
We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but whats the process? The future wager or the Odds to Win bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, youre not a winner or loser until you see zeros on the clock in the final game.
Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.
Ex. Green Bay (8/1) to win the Super Bowl
The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.
What Are The Vegas Odds On Super Bowl Super Bowl
If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.