NFL Super Bowl odds provide you with an exciting opportunity to profit from the biggest sporting event of the year. The country’s leading online sportsbooks and sports betting apps release odds on which team will win the Super Bowl before the season gets underway. They will continue to update these odds throughout the regular season and the playoffs, based on how well each team is performing. That provides bettors with lots of opportunities to unlock value.

This guide explains how to grab the best Super Bowl betting odds from licensed online sportsbooks in your state. We will also break down the key wagering options on the big game, and highlight some of the lavish promotions that sportsbooks launch in the build-up. Read on to learn more about the best NFL betting sites for 2023 NFL Super Bowl odds.

Super Bowl 57 Odds

Who is Favored to Win the 2023 Super Bowl?

The Bills beat the Chiefs in Kansas City, 24-20, Sunday to further cement their position as the team to beat in the Super Bowl odds. Buffalo's odds dropped to +275 following the victory.

The Eagles, the lone unbeaten team in the league, moved into the second-favorite spot with a convincing 26-17 victory over the Cowboys on Sunday Night Football. The Eagles are +500, followed by the Chiefs, who fell a spot to third at +750.

San Francisco moved up to +1400 following their trade with the Panthers for running back Christian McCaffrey late Thursday night. 

2023 Super Bowl Odds: Bet Types at NFL Betting Sites

The best online betting sites will offer a huge selection of betting options on the Super Bowl. For example, Caesars Sportsbook released a menu of more than 2,000 markets ahead of Super Bowl 56. However, the Super Bowl bet types can be broadly divided into just a few key categories:

Super Bowl 2023 Moneyline

This is the simplest betting option on the Super Bowl. You just need to predict which team will win the game. The best Super Bowl betting sites will assess each team’s chances of success and then release moneyline odds on either of them winning.

For example, Caesars offered -195 on the Los Angeles Rams to win Super Bowl 56, and +170 on the Cincinnati Bengals. A $20 bet on the Rams would have earned you a $10.26 profit, whereas a $20 bet on the Bengals would have netted $34. The larger potential profit on the Bengals highlighted their underdog status, as they had a lower probability of success.

Super Bowl 2023 Point Spread Bets

This is the most common way to bet on the Super Bowl. The sportsbooks give the team they deem to be the strongest – the moneyline favorite – a handicap. They then offer similar Super Bowl odds on either team covering the point spread that arises.

For example, you could bet on the Rams -4.5 at odds of -110 at Super Bowl 56, or the alternative was to bet on the Bengals +4.5. A bet on the Rams required them to win by 5 points, whereas a bet on Cincy allowed it to win or lose by up to 4 points. In the end, the Rams won by 3 points, so the Bengals covered.

Super Bowl LVII Over/Under

This allows you to predict how many points will be scored in a game. For example, the total points line might be set at 48.5 for a game between the New Orleans Saints and the Pittsburgh Steelers, with odds of -110 on over and -110 on under. If you bet on under, you are rooting for both teams to combine for no more than 48 points. If you bet on under, you will be paid out if at least 49 points are scored.

Super Bowl Prop Bets

Betting sites offer NFL prop bets on every game of the season. However, they offer far more props on the Super Bowl than any other matchup. You can broadly group the Super Bowl prop odds into four key categories: player props, game props, team props and exotic props. Player props allow you to speculate on whether a player will score a touchdown, for instance, or you can bet over/under on the total yards a QB will throw for, the number of TD passes or interceptions he will throw and so on.

Game props can include whether there will be a 2-point conversion attempt or a prediction on the highest scoring quarter. Team props will include the first team to score, the first team to reach 10 points and the team with the most first downs. Exotic props are common at the Super Bowl. You can often bet on the color Gatorade dumped on the winning coach and other offbeat markets.

Super Bowl MVP Odds

This is one of the most popular Super Bowl betting options. The award tends to go to the winning quarterback or a superstar wide receiver, so they are often the favorites in the build-up to the game. However, two linebackers – Von Miller and Malcolm Smith – have also been named Super Bowl MVP in the past decade, so some bettors like to hunt out value on longer shots.

Super Bowl Same-Game Parlays

You can combine a variety of predictions into a single wager known as a same game parlay on the Super Bowl. This is an example of a same game parlay: the Dallas Cowboys to beat the Las Vegas Raiders, over 43.5 points and Dak Prescott to throw for over 287.5 yards.

Each of those three predictions would need to prove correct for the same-game parlay to pay off. The profit from every correct prediction will roll over to the next leg of the parlay, meaning your total profit compounds inside the bet, resulting in large payouts if you succeed.

Super Bowl Live Bets

Sportsbooks all0w you to bet on the Super Bowl in-play as it develops. Markets like the point spread, moneyline, props and over/under will be continually updated in line with the score and the momentum of each team.

Super Bowl Futures

Sportsbooks release Super Bowl winning odds before the season even begins. This is known as a futures bet, as it is a long-term wager that is not directly impacted by the result of a single game. The odds on each team will shift during the season. For example, if one team goes on a long winning streak, the odds on it winning the Super Bowl will plunge, whereas an injury to another team’s quarterback can cause the odds on it winning the Super Bowl to drift out.

You can continue betting on the Super Bowl win odds until the day of the game. Another interesting option is to bet on the exact result. For example, at the start of the season, DraftKings was offering +3500 on the Tampa Bay Buccaneers to beat the Buffalo Bills in the Super Bowl, or +3500 on the Bills to beat the Bucs. The odds grow progressively longer until you reach the longest shots of them all, such as the Houston Texans to beat the Detroit Lions at +1000000.

States That Offer Current Super Bowl Odds

Legal online sports betting has spread rapidly across the country following the Supreme Court’s decision to overturn PASPA, a federal ban, in May 2018. You can currently place legal online sports wagers in:

• Arizona sports betting sites

• Arkansas sports betting sites

• Colorado sports betting sites

• Illinois sports betting sites

• Indiana sports betting sites

• Iowa sports betting sites

• Louisiana sports betting sites

• Michigan sports betting sites

• Montana sports betting sites

• Nevada

• New Hampshire

• New Jersey sports betting sites

• New York sports betting sites

• Oregon

• Pennsylvania sports betting sites

• Rhode Island sports betting sites

• Tennessee sports betting sites

• Virginia sports betting sites

• West Virginia sports betting sites

• Wyoming sports betting sites

Bettors in the District of Columbia can also place online bets on the Super Bowl, while retail sports wagering is permitted in several states. By the time Super Bowl 57 takes place, online sports betting could also be available in these states:

• Maryland

• Massachusetts

• Ohio

Any state that legalizes online sports betting will be determined to roll the industry out in time for the Super Bowl, as it is the biggest single event of the year for sportsbooks. That often inspires them to speed up the licensing process as the Super Bowl looms large on the horizon.

Best Sportsbook Odds for Super Bowl LVII

Best sports betting sites will compete aggressively for new customers in the build-up to the Super Bowl. They launch very generous promotions to differentiate themselves from rival sportsbooks, and they also offer different odds on the game.

For that reason, it is important to shop around for the most appealing NFL odds in your state. Signing up for accounts with multiple online sportsbooks is a great idea, as you will unlock loads of great bonuses, and you can also claim the best odds, thus boosting your potential profits if you win.

BetMGM Odds on Super Bowl

BetMGM is an advanced online sportsbook offering features such as live streaming, bet editing, stats and a one game parlay builder. It was launched as a joint venture between casino giant MGM Resorts and a British gambling company called Entain, which provides the proprietary software BetMGM runs on. It will offer competitive odds on hundreds of Super Bowl markets.

The BetMGM bonus code REALGM typically earns you a first-bet offer worth up to $1,000. However, there is likely to be a short-term alternative as the Super Bowl approaches. For example, it ran a “Bet $10, Win $200” offer at Super Bowl 56, whereby all bettors receive $200 in bonus bets if a single point was scored in the game. The flagship welcome offer is not available in New York.

• BetMGM Sportsbook is now available in: AZ, CO, IA, IL, IN, KS, LA, MD, MI, NJ, NV, NY, OH, PA, TN, VA, WV, WY.

Caesars Sportsbook Super Bowl Odds

Caesars Sportsbook is the best option for Super Bowl prop odds. It offered thousands of props at the last Super Bowl, and we expect it to do so again next time around. Caesars also provides a very long list of odds boosts on the game, with inflated odds on props and same game parlays.

The Caesars Sportsbook promo code REALGMFULL earns new customers a first bet up to $1,250 on Caesars, plus 1,000 Tier Credits and 1,000 Reward Credits. A specific promo may also be launched to celebrate the arrival of the Super Bowl, as Caesars Entertainment has invested huge sums on promotions since purchasing William Hill and turning it into Caesars Sportsbook.

• Caesars Sportsbook is now available in: AZ, CO, IA, IL, IN, KS, LA, MI, NJ, NV, NY, PA, RI, TN, VA, WV.

WynnBET Super Bowl Bet Odds

We expect WynnBET to offer some of the most attractive Super Bowl 57 odds. It regularly provides reduced juice lines on big NFL and NBA games, allowing you to place bets at -108 on either side of a point spread. That represents a 20% discount on the standard -110 lines at rival sportsbooks.

The WynnBET promo code unlocks some exciting welcome bonuses depending on your geographical location. 

• WynnBET Sportsbook is now available in: AZ, CO, IN, LA, MI, NJ, NY, TN & VA.

FanDuel NFL Super Bowl Odds

FanDuel launched arguably the most generous bonus in US sports betting history in the build-up to Super Bowl 56. Its “Bet $5, Win $280” offer allowed new customers to bet $5 on either team to win the game, with all profits paid out in cash. That means anyone that wagered $5 on the Rams earned a $280 profit, rather than the $2.50 they would have received at the standard odds of -200.

That bonus helped cement FanDuel’s status as the country’s most popular sportsbook. The FanDuel promo code in the BET NOW link below earns you an exciting welcome offer, and we expect a generous bonus in the run-up to Super Bowl 57, too.

• FanDuel Sportsbook is now available in: AZ, CO, CT, IA, IL, IN, KS, LA, MI, NJ, NY, PA TN, VA, WV & WY.

DraftKings Super Bowl Betting Odds

DraftKings also ran a “Bet $5, Win $280” bonus ahead of Super Bowl 56. It paid customers out in site credit, as opposed to the cash payments at FanDuel, but the credit only had a 1x rollover requirement, making it an appealing promo.

The current DraftKings promo code in the BET NOW link below provides new customers with $200 in free bets if they make a $5 moneyline wager on any NFL team and that team wins. DraftKings offers some great Super Bowl NFL futures bet options, and you will find high-quality Super Bowl prop odds in February too.

• DraftKings Sportsbook is now available in: AZ, CO, CT, IA, IL, IN, KS, LA, MI, NH, NJ, NY, OR, PA, TN, VA, WV & WY.

BetRivers Super Bowl Odds

BetRivers is another great option for anyone seeking a broad variety of Super Bowl prop betting options. It has a very strong live betting service too, so you will find lots of interesting markets as the game unravels.

The BetRivers promo code offers all new customers a $500 risk-free bet ($100 in New York). Sign up before the Super Bowl, as there will be some appealing NFL promos for existing customers in February 2023. BetRivers is owned by Rush Street Interactive, which runs an identical sister site called PlaySugarHouse in some states.

• BetRivers Sportsbook is now available in: AZ, CO, IL, IN, IA, LA, MI, NJ, NY, PA, VA & WV, along with CT as PlaySugarHouse.

Strategies for Super Bowl Betting

Certain strategies may boost your chances of securing a profit when betting on Super Bowl odds. These are some of the main strategies that you can consider:

Alternate Lines

Sportsbooks release a standard point spread on the Super Bowl, and you will typically find odds of -110 on either team covering it. For example, you could bet on the Rams -4.5 at -110 against the Bengals at Super Bowl 56, or you could bet on the Bengals +4.5 at -110. However, you can also bet on alternate lines, which either make life easier in exchange for a smaller payout or make it harder in exchange for a larger payout.

For example, in hindsight, it would have been wise to bet on the Rams -2.5 at -150 on Super Bowl 56, as they only won by 3 points. Alternatively, you could have bet on the Bengals +3.5 at +110 and earned a larger profit.

Fading the Public

If most people bet on one team to cover the spread, the sportsbooks will move the line. They offer less appealing terms on the popular team and more appealing terms on the unpopular team. That approach is designed to encourage a similar level of action on each side of the bet, which helps them spread out their risk.

When that happens, you can unlock value by betting on the unpopular team at artificially inflated terms, which is known as fading the public. The same approach can be applied to the over/under line, prop totals and moneylines. Wait until the odds become more appealing on an unpopular selection and pounce.

Middling 

This is another strategy designed to exploit line movements. It requires you to place a bet on one team to cover the spread and then bet on the opposing team to cover the spread after it moves.

For example, let’s say Team A opens as the 4.5-point favorite against Team B. You bet on Team B, as you think they can cover that spread. If Team B proves popular among bettors, the line might move, to the point where Team A is the 2.5-point favorite. At that point, you can bet on Team A -2.5. If Team A then wins by 3 or 4 points, both of your bets pay out.

Best Super Bowl Odds at Online Sportsbooks

You can follow these steps to sign up for an account with an online sportsbook and place a bet on Super Bowl odds today:

• Choose one of the sportsbooks featured on this page and click on the link to visit the site. Hit the “Join” or “Register” or “Sign Up” button to open the registration form.

• Sportsbooks ask for standard personal details: name, address, date of birth, mobile number and the last four digits of your Social Security number.

• You will need to set up a password. Some may request security questions and answers too, and you may also need to create a username.

• Check the boxes on the form to agree to the various terms and conditions and click to submit.

• The majority of accounts are automatically approved, but you may be asked for additional identifying documents, such as a driver’s license. If so, upload the documents using the portal link provided.

• Visit the cashier section and fund your account via a method such as a credit card, debit card, prepaid card, e-wallet, e-check or bank transfer.

• You can download the mobile app or place bets on the website. Visit the “Football” section, choose the NFL and then tap or click on the “Futures” tab to see a list of the current Super Bowl odds.

• Click or tap on any selection you like and it will pop up on the betslip. Type in your bet amount. Your potential winnings will be displayed, and you can click to confirm the wager.

2023 NFL Super Bowl Odds: Closing Thoughts

It can be highly beneficial to bet on a team to win the Super Bowl early in the season. For example, the Rams were priced at +1500 to win the Super Bowl at the start of last season, but they were just -190 or -200 when the game rolled around. Betting on your favorite team early can also provide you with hedging opportunities further down the line. You will be offered a large welcome bonus if you sign up with an NFL sportsbook today, so choose one that appeals and make your plays.

Odds on Super Bowl FAQs

When is the Super Bowl in 2023?

The Super Bowl will take place on Sunday, February 12, 2023 at State Farm Stadium in Glendale, Arizona. The big game is now held on the second Sunday in February after the regular season was extended by one win. You can already place an NFL futures bet on which team will win the Super Bowl, and the leading online sportsbooks will update the Super Bowl betting odds over the course of the season. Check out our 2023 Super Bowl odds guide for more information.

What are the odds on the Super Bowl?

The Buffalo Bills are the favorites in the futures odds to win Super Bowl LVII, priced at +275 at BetMGM. The Eagles are the second favorites at +500 followed by the Kansas City Chiefs at +750. These Super Bowl 57 odds will change over the course of the season, depending on how each team performs. You will also find Super Bowl MVP odds and other markets closer to the time.

Where can I find the best Super Bowl 2023 Odds?

You can find the best Super Bowl odds 2023 by comparing the lines available at leading sportsbooks such as BetMGM, Caesars, WynnBET, FanDuel, DraftKings and BetRivers. We have highlighted the best Super Bowl odds for 2023 in our dedicated guide. You will learn more about the wagering options that online sportsbooks provide on the Super Bowl and we will also teach you how to read Super Bowl 57 odds.

Who has the best odds to win the Super Bowl?

The Buffalo Bills have the shortest odds to win the Super Bowl, which means they have the greatest implied chance of lifting the Vince Lombardi Trophy. The Chicago Bears, Carolina Panthers and Houston Texans have the longest odds at +75000, which means a bet on them would offer the largest payout if they ended up seizing glory.

In terms of the sportsbooks offering the best odds to win the Super Bowl, it varies from one team to the next. For example, Caesars has the best odds on the Bucs, FanDuel has the best odds on the Packers and DraftKings has the best odds on the Tennessee Titans, so it is important to shop around for the best lines.

Where can I bet on the 57 Super Bowl?

You can bet on Super Bowl 57 odds at licensed, legal online sportsbooks such as BetMGM, BetRivers, Caesars Sportsbook, DraftKings, FanDuel and WynnBET. These NFL Super Bowl betting sites and mobile apps are only available in certain states, so we have provided a guide to highlight where online sports betting is legal. It includes Kansas, New York, New Jersey, Pennsylvania, Illinois, Michigan, Nevada and around a dozen additional states. Sportsbooks offer Super Bowl bet odds throughout the season in those states.