2023 Super Bowl Betting Odds

Will Armitage

Updated: Jan 31, 2023

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And then there were two.

The 2022 NFL Season has come down to this.

Mahomes and Hurts will battle it out for the ultimate prize in football on Sunday 12th February at the State Farm Stadium in Glendale.

This past Regular Season was memorable for some remarkable comebacks, thoughts that the GOAT should have said farewell for good in the spring of 2022, and some mediocre franchises surprisingly making it through the playoffs.

The Post Season twelve months ago seemed to bring one epic encounter after another.

Each week, we armchair fans could only sit there amazed at the suspense and drama on the field.

You couldn’t see how the following week’s games could surpass the previous weekend’s excitement. Yet, they did just that.

Frankly, this Post Season has not enjoyed the same level of awe and entertainment as we witnessed in January 2022. Instead, it shall be remembered for the excitement caused by injuries.

From a betting perspective, the Conference Games were hugely influenced by a plethora of malfunctioning joints.

Yet in the case of one Patrick Mahomes, his ankle joints defied logic and expectations to work rather well.

Some members of the BestOdds team are partial to ice bathing. They say it does wonders for the brain and body.

Andy Murray, the great Scottish tennis player swears by them. It helped him play games lasting just under six hours at the Australian Open this month with a metal hip.

I would bet that Mahomes’s medical team made that right leg of his spend hours alternating between iced water and arnica-infused warming pads.

Well, whatever they did it sure worked!

The Chiefs somehow squeaked to a penultimate-second field goal victory over the Bengals.

After some crazy line fluctuations last week which one of our writers, Malcolm Darnley, expressed so succinctly in his usual witty and informative way with his newsletter, I feel desperately sorry for those bettors who had taken the Bengals at +2.5!

As it was, all those bettors who had bet the Bengals anywhere from -2.5 to 2.5 are cursing their luck this morning.

Why did they have to incur that daft penalty for roughing Mahomes when he was already out of bounds?!

Joseph Ossau will not be on many Cincinnati bettors’ Christmas card lists this year, or ever for that matter!

Anyways, the mercurial Mahomes played through the pain and discomfort to put up a victory finally against his arch-nemesis Joe Burrow.

Joe Cool, Smokin’ Joe, Jackpot Joey, or whatever he prefers to be called, could not bring up his fourth consecutive victory against the Chiefs.

Trends and streaks have to come to an end at some point. Well, Joseph Ossau saw to it that Joe Burrow et al would not strike the jackpot in 2023.

But what of the team that Kansas City will be facing in Arizona?

Well, ahead of the season, the Philadelphia Eagles were well-fancied by bettors to come out on top of the NFC East. Some shrewd handicappers saw them as a value bet for the Super Bowl.

Well those who managed to secure some +4500 in mid-March 2022, I salute you. I hope you have kept your bet receipt safe!

These futures bettors did not have many reasons for concern on Sunday.

From the moment Davonta Smith leaped spectacularly to pluck the ball one-handed out of thin air on 4 and 3 during the first drive of the game, the writing was on the wall. I cited injuries at the start of this article and it is to them that I now must return.

Pundits from around the world were commenting that they could barely remember a game when a team had been blighted with so many injuries and misfortunes in one game.

The poor San Francisco 49ers had their star players dropping like flies throughout the first half. At times, it was scarcely believable to witness what they were enduring.

I fear that had it not been for CMC, the already one-sided scoreline would have looked very much worse. Poor Josh Johnson, one of the 14 NFL teams in his career! Just imagine what his cupboard must look like from a merch perspective!

Unfortunately, San Fran’s fourth-choice QB simply was not up to the task of overcoming Philly’s D on Sunday.

Mind you, not many 1st string quarterbacks were able to do that during the past five months.

Not only were the Eagles efficient at keeping their opponents from racking up points, on the other side of the field they had some stardust under center.

Jalen Hurts has accumulated a remarkable 15 rushing touchdowns since Week 1. Yes, he is a supremely talented and mobile athlete.

But with a massive offensive line in front of him protecting him in the pocket or smashing running routes ahead of their talismanic leader, this is where Philadelphia has reigned supreme.

And come February 12th, it will be this often unsung group of large merry men which will make all the difference against the Chiefs.

Ed and Donna Kelce will be happy either way. They are the proud parents of Jason and Travis. They will face off against each other on February 12th!

But, it will be their elder son, Jason, who will take home the Super Bowl ring.

My prediction for Super Bowl 57 is that we shall witness a classic encounter with both offenses on top in a thrilling roller coaster of a game.

Rather than it being Patrick Mahomes creating a game winning last minute drive to achieve glory, I foresee the more agile younger Hall of Famer converting on a third or fourth and goal from the Chiefs’ half-yard line with just a few seconds left on the clock.

I’m going for a 38-28 victory for the Eagles. One of my favorite players growing up was Jim McMahon.

He sneaked for two touchdowns in Super Bowl XX where he led the Bears to a comfortable victory over the Patriots.

Well, I can imagine Jalen Hurts replicating this feat. I’m sure that he will appear in my same game parlay selections.

Pick – Eagles ML – (-125)

Note that BetMGM Sportsbook currently has the BestOdds for this particular bet.

Remember to shop around for the best lines and odds. Why leave money on the table for the sportsbooks if your bet wins?

Some operators are showing -135.

These odds will fluctuate a lot over the course of the next two weeks, so be alert to where you can find the best price. After all, that’s what BestOdds is for!

Popular 2023 NFL Super Bowl Bets

The Super Bowl is North America’s most popular annual sporting event.

Each year, billions of spectators worldwide watch, and millions of dollars are wagered on this game.

But often, it’s not the actual game or teams involved that are being wagered on. Fans of all interest levels enjoy the impressive exotic prop bet selection offered only for the Super Bowl.

Super Bowl Prop Bets

Betting On The National Anthem

What better way to get Super Bowl Sunday started than with a prop bet on the Star-Spangled Banner?

It’s the Super Bowl! This isn’t going to be your run-of-the-mill national anthem.

You can be guaranteed a big name will perform it.

You can be guaranteed fighter jets will be flying over at the exact perfect moment, and you can be guaranteed it will be a spectacular rendition.

What you can’t guarantee is how long it will take the artist to perform it.

But you can bet on it.

Who doesn’t love to get the first bet settled before the game even kicks off?

Gatorade Dumped On Winning Coach

Dumping a bucket of Gatorade over an unsuspecting Super Bowl-winning head coach is a tradition that has been going on in the NFL for decades.

Winning ColorTimes Dumped
Orange5 x times
No Color (Clear)4 x times
Blue3 x times
Yellow3 x times
No Gatorade Dump Performed4 x times

Overall, Orange is the color that has been dumped the most onto a winning HC. Bettors should know that Blue Gatorade has been the color of choice over the last two years.

Another piece of strategy for this Super Bowl prop is betting No Gatorade Dump on a veteran Head Coach who has won before.

There was no doubt the first-time Super Bowl winner Sean McVay would get a bucket dumped on him last year.

But will Bill Belichick forgive a player at this point of his career for a Gatorade Bath? Highly unlikely you will be on the roster next year if you dump the sugar juice on Bill,

Super Bowl MVP

As much fun as the exotic prop bets are, there are some who will actually wager on the game as well. The most popular game prop annually is betting on the Super Bowl MVP.

Super Bowl YearPlayerTeamPosition
2022Cooper KuppRamsWR
2021Tom BradyBuccaneersQB
2020Patrick MahomesChiefsQB
2019Julian EdelmanPatriotsWR
2018Nick FolesEaglesQB
2017Tom BradyPatriotsQB
2016Von MillerBroncosLB
2015Tom BradyPatriotsQB
2014Malcolm SmithSeahawksLB
2013Joe FlaccoRavensQB

Our table above tells us that in six of the last ten years, the MVP of the big game has been the winning QB. Considering that the league-wide MVP award is dominated by QBs as well, this is not a surprise.

Also not surprising is seeing Tom Brady on the list three times since he turned 35 years old.

Last year, Cooper Kupp won the award, but many felt the best value bet was Aaron Donald.

The Rams’ defense held the Bengals to just 20 points in the Super Bowl and Aaron Donald was the best defensive player on the field.

NFL Super Bowl Point Spread Betting

Throughout the regular season and most of the playoffs, NFL point spread betting is the most popular type of bet placed each week.

For those unfamiliar with point spreads, they are used by sportsbooks to help make teams more equal from a betting perspective.

Let’s use last year’s Super Bowl point spread as an example.

2022 Super Bowl Odds:

  • Cincinnati Bengals +3.5 / -110
  • Los Angeles Rams -3.5 / -110

Above, we can see that the Bengals are listed as +3.5 points. Those points represent the assigned point spread by oddsmakers.

The plus (+) sign means that the team is the underdog. A minus (-) sign means a team is the betting favorite.

In the case of the Bengals from last year’s Super Bowl, as +3.5 underdogs, they can lose by as many as 3 points OR win outright, and be considered the winning team for this bet.

In fact, the Bengals lost 23-20 to the Rams last year, but those bettors with a +3.5 Bengals ticket were able to celebrate a winning bet.

NFL Super Bowl Moneyline Betting

Sometimes, it makes sense to bet on the point spread, and sometimes it makes sense to bet on the moneyline.

In last year’s Super Bowl, we already discussed how the point spread was set at +3.5 for the Bengals. But what if that spread had instead been set at +1.5 points?

What if you could bet Cincinnati +1.5 / -110 on the spread or bet the Bengals to win the game outright on the moneyline and get them at +115 instead?

At -110 odds, a $100 point spread bettor would win $90.90.

At +115 odds, a $100 moneyline bettor would win $115 in profit.

Now a bettor has to decide how important those +1.5 points really are. What are the chances the Bengals lose by just 1-point? Is that one point worth $24 in profit?

Those are the decisions a bettor faces when choosing when to bet the point spread and when to throw down on the moneyline instead.

Super Bowl Betting Strategies

There is no other sporting event in North America that comes close to the Super Bowl regarding popularity and betting.

Millions of fans will place a bet on the big game who wouldn’t usually bet on NFL football.

There will also be hundreds of media personalities who decide to weigh in with their opinion on how the game will play out.

Follow The Sharp Money

History tells us that both the general public and famous media personalities are not very good at picking winners.

As a Super Bowl bettor, you need to dig through all the noise and find information that can help. Finding sources on how the sharp money is betting is always great information.

Several sites track sharp and public money and share that information with the betting public.

Remember, Sharp Money is not just betting on a particular team. They are betting on a team and the odds associated with them.

Sharp money may love the Bengals at +3.5 points, but if that line fell under a field goal, they might not touch it.

When you are tailing sharp money bets, it’s essential to understand what odds they are playing as well.

If you research early enough in the week and shop around, you should have luck finding your Best Odds.

Super Bowl Prop Betting History

During the 1985-’86 season, the Chicago Bears weren’t beating opponents, they were toying with them and having fun at their expense.

In fact, Head Coach Mike Ditka was having so much fun that his 350-pound D-Lineman, William “The Refrigerator” Perry, was being used on offense to carry the ball in goal-line situations.

That season, the Chicago Bears would meet the New England Patriots in what was expected to be a somewhat predictable and boring Super Bowl.

Las Vegas sports-gambling legend Art Manteris saw an opportunity to attract even more bettors and public money to the big game.

Manteiris decided to offer “The Fridge” to score an anytime TD at +2000, in what has considered the first-ever Super Bowl prop bet.

It didn’t take long for other sportsbooks to offer the same bet.

The public loved the opportunity to throw a couple of bucks down on a novelty prop, and by the time the game kicked off, odds on Perry to score a TD were down to +200.

Although Perry did punch one into the endzone and the sportsbooks took a big loss in year one with their novelty prop bet, a new Super Bowl tradition was born.

Today, bettors have hundreds of Super Bowl prop betting options, and the novelty and game prop bets have become a Super Bowl staple for fans.

How To Bet The Super Bowl

Betting on the Super Bowl has been happening since Vince Lombardi, and the Green Bay Packers were running power sweeps.

Fortunately for today’s NFL bettor, it has never been easier to place a Super Bowl wager. If you live in one of the many legalized states, you already have great operators open for business.

When you chose a regulated, licensed sportsbook, you have the peace of mind that there is a governing body in charge of ensuring these operators follow the rules and aren’t able to take advantage of their customer base.

If you don’t already have your different accounts set up, you will want to browse through the different bonus options available for setting up a new account.

Each operator has their own unique bonus offering to try and earn your business. Take the time to read through the details being offered.

Sometimes a free cash deposit comes with certain restrictions before you can withdraw it.

You can also download sportsbook apps in advance of opening an account and become familiar with their digital platform before you place bets.

Are they user-friendly and do they make it easy for you to find your game and place your bet?

A bettor has never had as many quality options to place their Super Bowl bets as they do today.

Give yourself some time to explore the options before you place your first bet.

Always Shop Around For The Best Odds

The Super Bowl is no different than all the other sports gambling events we like to break down and discuss.

If you are interested in making a wager or two on the big game, shopping around for the Best Odds is the best strategy and advice you can follow.

Let’s look at a very fun novelty prop bet, the total length of the national anthem.

The Over / Under on how long it would take grammy-nominated singer Mickey Guyton to perform last year’s national anthem was 92.5 seconds, 95.5 seconds, or 98.5 seconds, depending on which sportsbook you chose.

Depending on how you want to bet, you can gain an extra six seconds just by shopping around for your best odds.

That extra six seconds equates to an almost 7% edge for a bettor, just by picking the best line for their bet.

On a single wager, that 7% edge may or may not be a difference-maker., But over time, a 7% edge can significantly impact your overall profit and ROI.

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About the author

Will has been an avid sports fan since the early 1980s. His first sporting love was a mediocre English soccer team that dwelled in the lower league...

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