Don’t make these rookie mistakes when looking to bet on Super Bowl LVIII.
Limit Yourself, But Also Shop Around!
At the end of the day, if you win money betting on the Super Bowl or a regular-season college basketball game, all of the money is worth the same.
We’re going to see some big bets come in on the Super Bowl. However, if you’re betting on the spread, total, or moneyline in Super Bowl LVIII, you don’t have much of an edge. You can find bigger edges on games that aren’t heavily bet and influenced by sharps and other money.
This isn’t the game to go all-in on. Instead, it’s a game where you should limit yourself and potentially not put as much money on the game itself. You can find more value in so many other matches compared to the Super Bowl.
However, everyone wants to get in on the fun for entertainment purposes. That’s fine. If you’re able to afford some bigger bets and won’t get too emotional losing your money, go bet and have some fun. But make sure to shop around. You don’t want to get caught with a worse price than what you’ve bought.
If you like the 49ers and buy them at -2.5 when they’re just -2 at the same -110 price at a different sportsbook, you’re not helping yourself out. If the Chiefs-49ers game ends with the 49ers winning by two points, the -2.5 would lose, but the -2 would push and give you your money back.
Line shopping is important. Limit yourself from massive bets, but when you do bet, make sure you’re getting the best value on the odds board.
Watch Out For The Juice!
Betting on the Super Bowl is really fun, but some sportsbooks will take advantage of the public and juice their lines to have a major edge against their players.
There are many new sports bettors getting into the action during the Super Bowl who don’t really understand the odds and edges. There will be people who only use one book and just take the odds on the site without thinking twice.
But a sportsbook could have Patrick Mahomes Over 1.5 Touchdowns at -160 and the Under 1.5 Touchdowns at -120. The sportsbook is going to win on both sides. Therefore, we advise you to open an account on multiple sportsbooks to find the best line for your bets.
Fewer Parlays & More Straight Bets
Of course, everyone loves to play the lottery. The thought of winning a massive payout is an exciting thrill, but it’s super rare that you’ll ever win a major parlay with ridiculous odds.
You’ll see some people on Twitter show off some tickets. Some tickets were doctored, and others were extremely lucky. There have been some major parlays hit that had substance with it. But overall, in the Super Bowl, you’re not going to find parlays with that substance.
All the breaking news has reached the sportsbooks before it has reached you. Remember, this is the Super Bowl. Everyone is paying attention, and the sportsbooks have a lot of data points to know where each line should be.
You will find more value in prop bets. Not the spread, total, or moneyline. There might be a book that is carrying a player to get 75.5 rushing yards, but another book has the same player to get 73.5 rushing yards. With this, you can middle with the Over 73.5 and Under 75.5. Or if you’re confident in one side, you’d take the Under 75.5 straight up or back the Over 73.5 straight up.
Either way, I highly recommend taking straight bets and not risking money on parlays. You’ll have a much higher potential of finishing the night in profit. You’ll ultimately thank yourself.
Who Cares About The Public?
Line movement and closing line value (CLV) are crucial, but go with your gut and analysis. People with CLV don’t always win. The public doesn’t always lose.
If you like the Chiefs to win, don’t stay off of it because the public is betting on the Chiefs more. Just make sure you find the best price on the Chiefs for your specific bet and roll with it.
Stay Away From Weird Props
There’s no need to bet on the coin toss or national anthem. If you want to put a little bit of change on it to laugh with your friends, that’s fine, but I’ve already seen some people put massive money on the coin toss at -105.
It’s a 50/50 flip, and we’ve got someone betting it at -105. Don’t be that person.
