While we’re all getting excited for the Super Bowl on Feb. 12, sports bettors are already firing off wagers on the game. Moneylines, spreads, over/under, player props — every market imaginable is already open on US legal sportsbooks. And there’s no better time to take a look at the Super Bowl betting history and trends.
Checking out the trends in Super Bowl betting can be a great way to get familiar with bets, whether you’re betting for the first time or if you are a sharp bettor with experience. Of course, sports betting is literally a gamble, and there’s no such thing as a sure thing. But watching the trends can be a fun way to participate and get in on the entertainment, or at least sound smart in front of your friends at your Super Bowl party.
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So, today we’re looking at historical odds, trends across betting lines, and updated odds for Super Bowl 57.
The Biggest US Sports Betting Event of the Year
The Super Bowl will be the most bet-on US sporting event of 2023, just like it is every year.
Sports betting analysts predict that football fans and bettors around the country will wager up to $1 billion on Super Bowl 57.
In 2022, legal sports betting on the Super Bowl was well over half a billion in total handle.
Super Bowl Sports Betting Trends
What Super Bowl betting trends could help you decide on wagers this February? We’ve rounded up some fascinating historic Super Bowl numbers for your consideration.
Super Bowl Favorites Entering the NFL Playoffs
In the last 20 Super Bowls, the betting favorite at the beginning of the playoffs won the title four times. Three of those four were the New England Patriots. The betting favorite entering the playoffs has made it to the Super Bowl 10 times out of those 20 years, and six of those 10 teams lost in the big game.
This year, the Kansas City Chiefs were the favorites to win the Super Bowl entering the playoffs. Now, it’s the Eagles favored by a very narrow margin. If history tells us anything, it’s saying put money on the Eagles.
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First Quarter Over/Under
FTN Data shows that 20 of the last 22 Super Bowls went under their quarterly over/under in the first quarter. In fact, nine of the last 10 Super Bowls that went over for the entire game still went under in the first quarter.
Super Bowl Prop Bets
What about prop bets? Here are some interesting statistics on popular game props and player props, according to FTN Data:
- 68% of teams in the Super Bowl who score first go on to win the game.
- Teams passed on the first play of six of the seven Super Bowls from 2000 to 2006 (86%) but have passed on the first play of six of the 15 Super Bowls since 2007 (40%).
- The Eagles passed on the first play in 11 of their 17 games when Jalen Hurts was the starting QB.
- Patrick Mahomes had a 2.63-second average time to throw (22nd fastest), averaged 7.2 air yards per attempt (23rd deepest), and threw 17.3% of his pass attempts outside of the pocket (6th most) among the 33 quarterbacks with 200 or more attempts in the 2022 regular season.
- He has a 2.52-second average time to throw, has averaged 6.6 air yards per attempt, and has thrown 10.3% of his pass attempts outside the pocket since he returned from his ankle injury mid-game in the divisional round.
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Odds for Super Bowl 57
The odds for Super Bowl 57 are close to even. Here are the odds from FanDuel Sportsbook as of Feb. 4.
- Point Spread: Eagles -1.5
- Moneyline: Eagles -120 | Chiefs +102
- Total (Over/Under): 50.5 points
