The Super Bowl is an event that excites and thrills a lot of American football fans. Historically, the match was held in mid-January and late January in the 60s until 2003. However, that changed in 2004 until 2021 because the Super Bowl took place on the first Sunday of February.
Finally, ever since 2022 the event is organized on the second Sunday of the month and as a result, it is announced and expected that Super Bowl LVIII will happen on February 11, 2024.
With less than two months until the match takes place, people have already started thinking about the NFL Super Bowl odds. Plenty of people analyze the situation of the team beforehand, so that they can be ready to place their odds once their time comes.
If you are one of those people and want to know how to place odds for the NFL Super Bowl, then you have come to the right place.
Fans place their bets on the NFL Super Bowl from all over the world, and Canada is not an exception. Over the past few years, the NFL has become more and more popular in Canada because it has become more accessible.
In the past, if one wanted to watch the Super Bowl, they had to travel all the way to the city in the US where the match would take place. Reasonably so, not all people had the luxury to travel just anywhere.
However, nowadays there are multiple live streaming options that offer the possibility to watch not just the Super Bowl, but any NFL match from the comfort of your home.
As a result of this accessibility, it was reported that the previous NFL Super Bowl that was held on February 11, 2023 brought an audience of 8.6 million viewers who were based in Canada.
Now, two questions show up on the surface:
1. How does one place a bet in the NFL Super Bowl?
2. What are the techniques or strategies that you can use when placing the odds?
Today, we will answer just that so keep on reading to find out more!
1st Technique – Point Spread
This might be the first and most popular way of placing odds when it comes to the NFL Super Bowl match. The term quite literally describes it as it is about spreading points to both teams and not only your favorite. For example, let us say that the point spread is set at 5.
In this case, if you bet on your favorite team and say that they will win the game, they need to win by more than 5 points against the less favorite team for you to win the bet.
On the other hand, if you want to bed on the opposite team or the one you think is going to lose, they have to either win the game or lose by less than 5 points in order for you to win the bet.
The point spread technique of betting is interesting for the majority of people because one does not need to have a fixed predetermined number but rather a set of points which allow more flexibility.
2nd Technique – Over/Under
Second on this list comes the Over/Under technique. In this instance, there is a total by which it is assumed that the game will end between the two teams. So, it is the total number of points that both teams will achieve.
Then, you can place the odds by saying whether you believe the total results in the end will go over that set amount, or under. The final result would then decide whether you win or lose based on the final number of points from the two teams.
Similar to point spreading, the Over/Under way of betting gives a sort of freedom to the bettors because there is not a set amount on how much the teams will win or lose.
3rd Technique – Moneyline
Third, but not least important than the previous two, comes Moneyline. This technique is also on the top of the betting strategies. This is the more traditional bet and the easiest one.
Let us say you have followed a team for the entire year, watched all their matches and somehow you have an idea of what level of game they play on. Once you have the confidence that your team will definitely win the Super Bowl, you can simply bet on saying that they will be the one who will win.
In this technique, there are no numbers involved and you are simply expected to pick a side in the game and have your fingers crossed that your team will win. It goes without saying that you do not just decide on a team without having done an analysis prior, to make it clear if the team you are betting on is the favourite to win.
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