Superbowl odds tend to have the favorite and the over heavily favored.
The public automatically likes to bet the favorite and over and in the Super Bowl it has actually worked although the last three Super Bowls have started to reverse that trend.
Superbowl odds have the total as one of the highest of the entire NFL season. Most of the time NFL playoff games are low scoring but that has not always been the case in the Super Bowl. Recent Super Bowls have started to buck the trend of high scoring games but Superbowl odds are still set high. As you look at picking a side in Superbowl betting you must start by looking at the favorite. Usually in NFL betting you start by looking at the underdog but not with Superbowl betting. The last two Super Bowls have seen the favorite cover the Superbowl odds. Overall the NFC holds a slight 21-20 edge and is also 21-17-3 against the Superbowl betting pointspread. Recent history though shows the AFC has dominated the Superbowl betting pointspread. The biggest win by any team in Super Bowl history was in 1990 as San Francisco defeated Denver 55-10. The AFC’s largest margin of victory was in Super Bowl XXXV when Baltimore beat the New York Giants 34-7.
If you are looking at Superbowl odds you want to remember what we said about the favorite. The favorite in Superbowl odds has been the straight up winner 27 times and is 20-18-3 against the Superbowl pointspread. Also keep in mind as you look at Superbowl odds that the team that wins the game also covers the spread. Only eight times has the favorite won the game, but failed to cover the Superbowl odds. The latest team to win but not cover was the New England Patriots who won Super Bowl XXXIX 24-21 over Philadelphia but did not cover the 7 point Superbowl odds.
If you are looking at the total in Superbowl odds you want to know that the over is the way to go. Totals didn’t start appearing in Superbowl odds until 1982 and the over is 15-10. The highest combined total in Super Bowl history was Super Bowl XXIX, when San Francisco and San Diego combined to score 75 points.