Monday, February 6, 2023

NFL Betting 101: 3 Basic Types Of Bets Bettors Will Be Able To Make On Chiefs vs. Eagles (Super Bowl LVII)

Super Bowl LVII, like all Super Bowl games, will generate millions of dollars in betting action as bettors of all levels make bets, whether it's money bet on the Eagles, Chiefs and/or Super Bowl LVII 's Total Points (Over/Under). 

Whether you're planning to be at a Super Bowl LVII party or a sports book in Las Vegas, millions of dollars will be bet on the big game. With that in mind, here are 3 basic types of bets you will be able to make on Super Bowl LVII. (Please bet responsibly.)

Super Bowl LVII Point Spread 

As of right now, the Eagles, consensus point spread betting favorites in most sports books, are (-1.5) to defeat the Chiefs (+1.5) in Super Bowl LVII. 

Think the Eagles, the NFC'S No. 1 seed, are just too good for the Chiefs? If you bet the favorite in this spot, the Eagles, 2-0 against the spread in the NFC Playoffs this season, would have to win Super Bowl LVII by at least two points for you to win your bet.

On the flip side, if you think the underdog Chiefs, hobbled and all, are going to beat the Eagles or cover the spread, Kansas City, the AFC's No. 1 seed, would have to win Super Bowl LVII straight up or lose by exactly one point for you to win your bet. The Chiefs went 1-1 ATS (against the spread) in the AFC Playoffs. Note: There is also a commission vig (juice) you will have to pay (Ex: Eagles -125, Chiefs -110) when making a point spread bet. (Please check with your favorite sports book for updated odds.)

Super Bowl LVII Total (Over/Under)

Don't have a strong enough opinion on Super Bowl LVII, to make a bet on the Eagles or Chiefs? The Over/Under, also known as the Total and set at 50 right now, is a number set by oddsmakers in accordance with the combined number of points they think will be scored in Super Bowl LVII. 

So if you think the Total number of points will land at 49 points or less, you can bet the Under Total. If you think Super Bowl LVII will be a high scoring game, you can bet the Over Total will surpass 50 points. (Note: If the Total (Over/Under) lands on 50, you don't win or lose your bet if you bet the Total.)

Super Bowl LVII Moneyline

NFL moneyline bets are very popular with bettors, especially for the Super Bowl, when millions of casual bettors are enticed to bet on the game. With a moneyline bet, the team you bet on, in this spot the Eagles or Chiefs, would just need to win Super Bowl LVII. 

Without a spread (to alter your money risk), there is a positive value (-110) or (-130) attached to the bet you make - in this case, Super Bowl LVII. For example: If you want to make a moneyline bet on the Eagles (-125) you have to bet $130 to win $100. (Note: If at -125). If you want to make a moneyline bet on the Chiefs (-110), you would have to bet $110 to win $100 (Note: If at -110). (Please check your favorite sports book for all updated spreads, moneyline odds and more.)

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