Sometimes that is forgotten about Super Bowl betting is that the sportsbooks usually win money. You can pick between a lot of different things when you look at Super Bowl odds from the side and total to the many different prop bets.
Super Bowl odds have seen ups and downs for gamblers and sportsbooks throughout history. The really bad loss for the sportsbooks occurred in 1979 when Pittsburgh played Dallas in the Super Bowl. The Super Bowl odds opened with Pittsburgh as a 3.5 point favorite against Dallas but the number moved to as high as five. The Steelers won by four points which meant a disaster for the sportsbooks.
The underdog in Super Bowl odds has won the game a total of 11 times. That is outright, not against the spread. Against the Super Bowl odds it is almost a .500 proposition with the favorites holding a very small edge. Underdogs have been the way to go lately in the Super Bowl including last year when the Arizona Cardinals covered the spread in the loss to the Pittsburgh Steelers. In fact, two of the biggest Super Bowl betting upsets of all time have happened recently as the New England Patriots upset the St. Louis Rams in 2001 and the New York Giants upsetting the Patriots a couple years ago.
There is usually a two week break between the Championship games and the Super Bowl. That is not always the case but it usually is. The media has two full weeks to hype up the game. The bye week normally will help the favored team in Super Bowl betting. There have only been seven times when there was just a single week between the NFC and AFC Championship games and the Super Bowl. Did you know that the underdog is 5-1-1 against the Super Bowl odds when that happens?
Most teams have played in a Super Bowl before but if you happen to get a newcomer they normally don’t play very well. Arizona was the exception to that rule in Super Bowl betting. The Cardinals still lost outright though and only two first-time Super Bowl teams, Baltimore and Tampa Bay won the game outright.
Those are just a few things to keep in mind as you look to pick the winner in this year’s Super Bowl.