Super Bowl 2023 Odds
The amount of money that goes through US sportsbooks for the Super Bowl is staggering. Here in Arizona, bettors are champing at the bit to make a few Super Bowl bets at legal and regulated online sportsbooks and sportsbook apps.
From basic moneyline and totals bets all the way to the incredibly popular in-game props, betting opportunities for the Super Bowl are seemingly endless. See below for all you need to know to make Super Bowl bets online in Arizona, including live Super Bowl odds as posted at legal online sportsbooks.
2023 Super Bowl recap
The Kansas City Chiefs edged the Philadelphia Eagles 38-35 in Super Bowl LVII, which was held at Arizona’s State Farm Stadium. The Chiefs rallied from a 10-point halftime deficit, and Patrick Mahomes was named the game’s Most Valuable Player.
Below see the latest Super Bowl odds as posted at top Arizona online sportsbooks. Click on any odds to get set up at that sportsbook.
Why does the line move leading up to the Super Bowl?
While sportsbooks often do things that make sense to no one but them, moving the line is usually pretty easy to figure out. The cause is generally one of two specific things: betting action or new information.
When a substantial amount of money, sportsbooks will adjust the line to entice a similar amount of action on the other side of the bet. The more balanced a sportsbook’s action, the better.
The main reason lines move though i is because of new information. Say a key player suffers an injury after the initial lines are set. That’s going to have a massive influence on how the oddsmakers perceive the potential outcome of the game. Thus, they will adjust the lines to reflect the anticipated impact. Roster movement and suddenly apparent team trends can also affect line shifting.
That might mean it’s just a little tighter spread, or one team could flip from underdog to favorite in dramatic cases.
Most popular Super Bowl bets
There are multiple bet types you can make on the Super Bowl. But there is a clear top four in terms of popularity.
Moneyline, point spread, totals, and prop bets are the four that receive the most attention. We’re going to discuss the first three in this section, but prop bets will have their own part on this page just below this. Make sure to check it out.
Moneyline
The moneyline bet is the most basic wager you can make at a sportsbook. There are odds listed for two teams playing, and your job as the bettor is to choose which team is going to win. Easy enough, right? Here’s a quick example of a Cardinals moneyline bet you might see at DraftKings Arizona:
- Arizona Cardinals (-110)
- Buffalo Bills (+110)
What you see in this example is that the Cards are favored to win. They have a negative number, yes, but that tells you the sportsbook is expecting them to come away with the victory. The positive number indicates the underdog.
For the negative number, you have to bet that amount in order to win $100. Obviously, not all bets are that high or low, so we suggest using a betting calculator (tons are available online) to determine exactly your wager’s potential payout. For instance, a $110 winning bet on the Cards would pay out $210—your initial wager plus the $100 profit.
The positive number signals the amount you’d receive if you bet $100. Like above, you’ll get back your initial wager plus your winnings if you have a successful bet. In this case, the haul is $210.
Point spread
Football may be a game of inches, but sometimes one team is more capable of accumulating those inches (and ensuing touchdowns) than the other. That’s not usually the case in the Super Bowl. Sure, mismatches happen, but not often.
The point spread is designed to make the game more “even” by providing points to the underdog. If the underdog wins outright or loses by fewer points than indicated, they’ll be the winning bet. Conversely, the favorite needs to win and must do so by more points than listed.
- Arizona Cardinals -7.5 (-110)
- Los Angeles Chargers +7.5 (-110)
The Cards are once again the favorite in this matchup and FanDuel’s Arizona sportsbook is expecting them to win by at least eight points. If they do, then wagers on them would pay out $100 for every $110 bet. If they win by only six points, then wagers on them would lose.
The Chargers need to either win the game outright or lose by seven points or fewer to win profits for their backers.
Totals
Also commonly known as the over/under, totals start with oddsmakers predicting the combined points between the two teams. So if they expect Team A will win over Team B by a score of 30-13, they might make a listing for 43.5 points. Your job as the bettor is to determine if those two teams can combine for more than 43.5 (the over) or fewer than 43.5 points (the under).
You don’t need to worry about who wins the game. Focus on your predicted final score and whether it will land over or under what the sportsbook lists.
In this example from BetMGM Arizona, the Cardinals are meeting the Cleveland Browns in the Super Bowl. The sportsbook listing might look like this:
- Over 43.5 (-110)
- Under 43.5 (-110)
If Arizona wins 36-10, then the over would win and the under would lose at 46 total points.
Futures bets for the Super Bowl
Just as the name implies, futures bets are wagers made on an event yet to occur. Sometimes that might be just a couple months or even weeks down the road. In other cases, it could be a year or more.
Futures wagers start off typically as long odds. For the Super Bowl, we’ll look at what happened after Tampa Bay defeated Kansas City in 2021. Right out of the gate, the Chiefs were favorites for oddsmakers, listed at +600 odds. Not far behind them were the Green Bay Packers at +800. But the Buccaneers? Despite just having dominated a Super Bowl, they came in fifth on the list at +1,300 odds. In any of those cases, a bet of $100 pays out big if you guess correctly.
As the date of the event draws closer, oddsmakers are going to zero in on those odds and tighten them considerably. They absorb all available information to determine if a team has increased or decreased its chances of winning the Super Bowl.
By May 2021, following the NFL Draft, the odds had shifted. The Chiefs remained the favorites, though now with +450 odds. Then, Tampa Bay suddenly stood right behind them as the second-favorite pick at +550 odds. Green Bay? Well, after the news of Aaron Rodgers being unhappy and a less-than-stellar draft, the Packers fell to +1,600 odds. That’s worse than for Buffalo, Baltimore, San Francisco, and the Los Angeles Rams, and tied with the Browns.
You see now how updated information impacts odds, even months before the season. Therefore, the earlier you bet, the more money you often stand to win. In this case, that is true for anyone who wagered on Kansas City or Tampa Bay when the initial lines were released. Those who bet on the Packers at that point will have a smaller profit margin than someone who wagered on them in May, that is, if Green Bay wins the Super Bowl.
Futures odds aren’t just listed for Super Bowl winners, either. From team accomplishments to individual awards, a world of futures bets awaits you with online or mobile Arizona sportsbooks.
Prop bets for Super Bowl MVP
Prop bets and the Super Bowl go hand-in-hand. They are peanut butter and jelly. Ketchup and french fries. Root beer and vanilla ice cream. You get it.
Super Bowl prop bets picked up steam during the mid-1980s. From that point forward, the bet type has boomed in conjunction with the NFL’s championship game. You can bet on whether the coin toss will be heads or tails. You can bet on what color Gatorade gets dumped on the winning coach. The markets are almost endless. Still, the most popular prop bet is which player will be the Super Bowl MVP.
However, it is very important to note that one of the telltale signs of an offshore sportsbook is if the site offers bets on things like the length of the National Anthem, how many costume changes in the half-time show, or whether or not the MVP will say they are going to Disney World. These bets are not offered at regulated sportsbooks in the United States.
Now, there’s a pretty solid chance that player is going to be a quarterback. In fact, that’s been the case 31 times (of course, Tom Brady has five of those all to his lonesome). But you never really know, do you? In 2019, it was New England Patriots wide receiver Julian Edelman. In 2016, it was Denver Broncos linebacker Von Miller (just the fourth linebacker ever to win it).
That’s the fun of prop bets, though. They are basically little side bets you make with the sportsbook. They are ridiculously hard to research and handicap. They are often silly. But, man, there are a ton of them.
It doesn’t matter if you are a seasoned veteran or you’ve never placed a single bet before, everyone is welcome in the world of Super Bowl prop bets.
Super Bowl betting guide
When you’re ready to start betting on the Super Bowl, make sure you’ve done all of your homework. Betting blindly is the easiest way to lose money. Sure, the occasional little prop bet is mostly guesswork, but the majority of your betting strategy has to be centered around gaining as much knowledge on your wager as possible.
Additionally, we suggest everyone sets a limit on how much they bet. This is your bankroll. Once you decide on that amount, stick to it. If you’ve placed all your wagers and run through your bankroll, don’t dip into your pocket for more just because you find another seemingly desirable bet. Be strict with your money, and never chase lost bets.
Before you place any wagers, always shop for the best lines. It costs nothing to sign up for a legal online sportsbook, so you might as well look around for the best Super Bowl betting odds to increase your potential payout. You don’t owe any loyalty to one book or another, so do what’s best for you and your pocketbook.
How to choose the best online sportsbook
When it comes to selecting a sportsbook, our only real recommendation is to find something personally appealing (there are too many options for you to pick something that leaves you feeling unhappy), plus legal and regulated.
User interface is important. You want to enjoy the ease of navigation and searching. The same goes for placing bets, making deposits, or withdrawing money.
Signing up for a sportsbook is easy. You can find all the information right here on our website, and you can access them via our exclusive links. Doing so will get you the best possible promotion and bonuses.
On your site of choice, you’ll first create a new account. That doesn’t take long and requires just some personal information. Once you’ve finished with that, you’ll collect your promo and/or bonuses (these can range from bonus bets to deposit bonuses) and then you’re ready to start betting.
Have the Arizona Cardinals won a Superbowl?
Despite being the oldest team in professional football, the Cardinals haven’t had a ton of success. They won two NFL championships in 1925 and 1947. But in the Super Bowl era, which began in 1967, the Cardinals haven’t raised the coveted Lombardi Trophy.
They had their chance once. It was against the Pittsburgh Steelers in Super Bowl XLIII. It was a close game, but the Cards fell short, 27-23. Hall of Famers Edgerrin James and Kurt Warner led that team.
Arizona made a nice comeback in the fourth quarter, scoring 16 consecutive points, including a safety against the Steelers and a 64-yard touchdown reception by Larry Fitzgerald that gave them the lead with 2:37 left in the game. The Steelers, however, methodically marched down the field and scored a touchdown with 35 seconds left to take the win.
Which players and teams have the most Super Bowl wins?
Some teams just have that Super Bowl magic, and some players just have the luck of landing on such teams.
Here are the top six teams in terms of Super Bowl victories:
- Pittsburgh Steelers – 6
- New England Patriots – 6
- San Francisco 49ers – 5
- Dallas Cowboys – 5
- Green Bay Packers – 4
- New York Giants – 4
For individual players, it’s surprising how many have won multiple titles. Leading the way is Tom Brady with seven, a feat that was previously thought impossible. Behind him, with five, is Charles Haley.
After those two legends, 32 players have won four Super Bowls during their careers. Out of those, only Adam Vinatieri is still an active player.
Super Bowl FAQ
How much money is bet on the Super Bowl?
The amount varies from year to year, but it is consistently more than $100 million during each of the past five years. In 2021, that number was $136 million, a dip from the previous year when it was $154 million. In 2019, bets on the Super Bowl totaled just under $146 million. And in 2018, the sum was $158 million. The 2017 game attracted $138 million in bets.
What was the lowest-scoring Super Bowl?
Unfortunately, the lowest-scoring Super Bowl in history wasn’t very long ago. In Super Bowl LIII, the New England Patriots beat the Los Angeles Rams 13-3. The opening line for the over/under started at an impressive 59 points—the highest in the history of the game. Those that went with the under were probably as surprised as everyone else.
What is the most common Gatorade color dumped on Super Bowl coaches?
One of the more popular prop bets, as silly as it might be, is on what color Gatorade will be dumped on the winning coach. Last year’s bets on blue were winners after the Tampa Bay Buccaneers walked away with a convincing victory. But the most common color is orange, which has been dumped 33% of the time. “Clear” has been dumped 20%, while yellow and blue stand at 13.3% each.
How early can you bet on the next Super Bowl?
Nearly instantly after the previous Super Bowl comes to an end. That’s not an exaggeration, either. If you want to jump on the long odds with a futures wager, you can place a bet for the next Super Bowl champion the same night as the previous title game.