Super Bowl 58 Betting Tips

The Super Bowl is the single most bet-on event of the year every single year, meaning that there are so many Super Bowl betting odds that it can get overwhelming. Understanding what all those betting odds mean, and how to enjoy yourself when placing those bets on those odds, is a vital first step to betting on the Super Bowl. Breaking down Super Bowl betting advice into smaller tips is a great way to begin betting on Super Bowl 58.

We’ll break down some of the different betting odds that you’ll find on both teams that make it to the Super Bowl and show you some beneficial ways of betting on them. We’ll also give you a full list of all of the Super Bowl betting tips that we suggest and a summary of them.

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Tips For funding A Super Bowl Betting Account

There are plenty of bonuses that can be accepted for betting on the Super Bowl but some are more profitable than others. Between new player and existing player bonuses, cryptocurrency deposits make the bonuses bigger at sites that offer the payment method. Accepting SBLVIII sportsbook deposit bonuses will make the profit larger if the bet hits but bettors should also be aware of the rollovers that are involved.

Bovada/BetOnline Deposit Fees & Limits

Sportsbook Payment Method Min/Max Deposit Fees Attached
Bovada Bitcoin $10/$5,000 None
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BetOnline Ethereum $20/$100,000 None
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Bovada Bank Transfer $50/$500 Bank Charges Fees
BetOnline Bank Transfer $500/$10,000 Bank Charges Fees

Tips For Accepting the Best Super Bowl Bonuses

There are plenty of bonuses that can be accepted for betting on the Super Bowl but some are more profitable than others. Between new player and existing player bonuses, cryptocurrency deposits make the bonuses bigger at sites that offer the payment method. Accepting bonuses for betting on the Super Bowl will make the profit larger if the bet hits but bettors should also be aware of the rollovers that are involved.

Sportsbook Bonus Type Rollover Deposit Match Max Bonus
Bovada Crypto Welcome 5x 75% $750
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MyBookie Welcome Bonus 10x 50% $1,000
XBet Reload Bonus 6x 25% No Max

Tips For Receiving Fast Super Bowl Payouts

It is important to have options for fast and secure Super Bowl sportsbook payouts before placing any wagers. Online sportsbooks like Bovada or BetOnline are licensed internationally and offer withdrawals through cryptocurrencies that process within 24-48 hours and have no banks involved. It is smart to have a crypto exchange app downloaded to your mobile device, to have a reliable wallet for sending any Super Bowl winnings through crypto.

When using online sportsbooks that offer cryptocurrency payouts, there are withdrawal limits of $10 min and $500,000 max across the best Super Bowl sportsbooks.

Cryptos Offered For Fast Payouts

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether (USDT)
  • Litecoin (LTC)
  • Stellar (XLM)
  • Solana (SOL)
  • Avalanche (AVAX)
  • Binance Coin (BNB)
  • Polygon (MATIC)
  • Tron (TRX)
  • Shiba Inu (SHIB)
  • Ripple (XRP)
  • Cardano (ADA)
  • Chainlink (LINK)
  • Dogecoin (DOGE)
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Bet on the Super Bowl with BetOnline

#1 Have Fun

The most important tip is seriously just to have fun. The Super Bowl is about football and betting is there to assist the big game. If you are too concerned about your bets to enjoy the game or that awesome Super Bowl party around you, it will likely not be a fun time. Betting can be stressful, especially when wagers aren’t going the way as planned, but knowing that all of it is for fun can have you relaxed and more enjoyable to all around you. Nobody likes a sour bettor or a boisterous one either.

#2 Set A Limit

One of the biggest issues when it comes to betting on the Super Bowl is setting betting limits and adhering to responsible betting. Because this is the last game of the year, bettors feel the need to wager amount much higher than they can afford to lose. Remember that gambling is a risk and anything can happen at any moment in sports. Don’t take out loans, borrow money, or use your monthly fixed costs (rent, utilities, cell phone bill) to support your gambling habit. Set a limit and stick to it. The best gamblers are the ones who have full control over their bankroll.

#3 Stay Away From Parlays

Parlays seem like the ultimate dream. Bettors only have to risk a few dollars for the possibility to win a hundred, a thousand, or even six-figures. However, these high payouts all come with the same thing – a low percentage of winning. When betting on a parlay, every single “leg” of the wager much be correct in order for a bettor to win. Often times, stories will be told about that one person who made $250,000 on a $10 parlay but it is rare to hear about the thousands of others who missed their payday by one of two games. Don’t get distracted by the massive payout, as parlays are setting you up for failure right from the start.

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Use Super Bowl 58 Betting Tips To Win Big

Fans can use the Super Bowl LVIII betting tips to win big at Bovada. Bovada’s sportsbook provides all the popular betting lines and odds fans can use to cash in SB LVIII betting. Fans can use the 11 betting tips we recommend at Bovada to have a fun safe betting experience, or ignore the tips altogether and still have a fun safe betting experience with more risk. Bovada provides odds for all forms of Super Bowl betting. Using these tips fans can take their wagering to the next level at Bovada.

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Tips Apply Here

All 11 Super Bowl 58 betting tips can apply when betting at BetOnline. The popular online sportsbook is a mainstay for Super Bowl bettors and fans can cash in on SB LVIII betting this year should they follow the recommended tips. BetOnline offers a slew of betting options surrounding SB 58 including odds for the Big Game, the Halftime Show, and even betting on the coin toss. All the tips we recommend still apply for every Super Bowl 58 betting line available at BetOnline.

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More Super Bowl Odds

Fans can apply the betting tips we recommend at MyBookie with all of the Super Bowl 58 odds the sportsbook offers. MyBookie hosts several betting lines surrounding the Big Game with odds expanded for things like player and game props. MyBookie is a great choice for those looking for a safe sportsbook and players can still win big at MyBookie even while following the tips at BettingSuperBowl. MyBookie has odds available right now for SB LVIII.

#4 Watch The Line Movement

Being on top of the betting boards makes betting on the Super Bowl much easier. The Super Bowl line has about two weeks of time before it is taken off the board. In this timeframe, the Super Bowl 58 odds can move heavily towards one team or the other, a certain point spread, or one side of the over/under. Make sure to keep current with the opening line, the lines during the middle of the week, and the betting lines just before the Super Bowl begins. By paying attention to the line movements, bettors have a better understanding of what the public is betting.

#5 Always Shop Lines When Possible

If there is any tip on this list to remember at the end of it, it is to shop lines on the Super Bowl. Shopping lines is doing what you would do if you were to buy a car. You wouldn’t go to a car dealership, see the first car, and immediately purchase it, so why would you bet on the first line you see at a Super Bowl betting site? Each book is created differently offer different odds and even bets in general with varying minimums and maximums. This means that their odds will likely be different and smart Super Bowl bettors exploit the best prices available.

#6 Don't Take The Bonus Unless...

Bonuses at offshore sportsbooks are designed to have you bet more and stay with them for a while. While those who plan on staying as a permanent customer should consider taking the best Super Bowl 58 bonuses they can find. Those that are betting just once and that's it should avoid bonuses. All of the promotions come with terms and conditions that outline withdrawal requirements, a minimum that must be risked (a rollover requirement), and how long free play even lasts. There is no reason to sign up for Super Bowl bonuses if you’re not going to utilize its full benefit. Otherwise, it may end up hurting your bottom line instead.

#7 Understand How To Hedge Your Wager

Hedging a bet is taking action on one side of a line and then countering it with a separate bet on the opposite side of the line. While this may seem like a way to lose at least once, it can also help bettors refrain from going into the red. Let's take Super Bowl 54 as an example. If a bettor risked $100 to win $125 on the Niners (+125), things were looking great during the game. At one point, those paying attention to their sportsbook noticed a Super Bowl live betting opportunity. The Chiefs were +300 and bettors could risk $33 to cover their wager in case anything went south quickly. In this example, the bettor would have lost nothing (instead of $100). In the Niners pulled out the victory, the bettor would have won just under $100 but had no worries when the Chiefs began their comeback.

#8 Gain An Understanding Of Advanced Stats And Metrics

The Super Bowl consists of the two best teams in the NFL and there are dozens of websites and algorithms that detail general box score stats. However, advanced stats and metrics can help bettors realize how or why a certain team is performing the way they do. Maybe a team like to only run to the right side and their opponent is the best in the league at stopping runs to the right. Understanding these advanced stats will help bettors more closely guess how the game will play out. NextGen stats provide an excellent introduction to these advanced metrics.

#9 If You Have A Gambling Problem Seek Help

This falls in line with the first and third betting tips but always remember that betting is supposed to be fun and always set a limit. If you find yourself no longer having fun, having a hard time setting and keeping a limit, and gambling money you can't afford to lose, you have a problem. Your friends and family may not tell you (or you may not tell them) but you do. There are plenty of places around the country that offer live chats, phone lines, and emails to assist bettors that have a problem with responsible Super Bowl betting. Never be scared to ask for help, especially when you don’t think you can get out of your situation. For the more extreme cases, there are even counseling programs that attempt to “rewire” your brain and remove your need and craving for gambling.

#10 Do Your Super Bowl Betting Research

Look, we're not saying you have to be a data nerd or anything, we just want to make it clear that a lot of very smart people spend a lot of their time trying to optimize their gambling strategies. Understanding the game, the teams, and the players involved can help you make smarter decisions when betting. Make sure to use Super Bowl betting trends and see how past games have fared in comparison to this one. Researching the team's offensive and defensive capabilities also help bettors immensely on betting the over-under.

#11 Use Daily Fantasy Games For Super Bowl Player Prop Help

With so many resources of research, it can be easy to get lost in the numbers. One way to get right into the action, especially when it comes to Super Bowl player prop bets is by using DFS platforms as assistance. All of these sites have rankings, stats, value, and more that explain how well a player should perform. When looking at the player props for the Super Bowl, be sure to use these sites for a player's total yards, catch total, scoring capabilities and more.

#12 Losses Can Be Helpful

Super Bowl 58 sportsbooks will offer futures on each team to win the Big Game throughout the season. Those odds fluctuate after each week, with factors such as injuries, playoff likelihood, and of course performance greatly impacting those futures odds. Betting on a team after a regular season loss is therefore a strong option, as long as they can still make the playoffs because it almost always means getting even longer odds on them to take home the Lombardi. Regular season losses have occurred for every Super Bowl winner in NFL history outside of the 1972 Miami Dolphins, meaning that they are normal! Using Super Bowl sportsbooks' overreactions to gain better odds is a strong way to secure large payouts.

#13 Don’t Count Out Easy Super Bowl Props

Super Bowl 58 prop betting is one of the most popular things to do on the Super Bowl each year and some of them are easy to understand and will keep you entertained in different aspects of the game. Some props though are easier to understand than others and are true 50/50 bets to make. Things such as the coin toss, the singing time of the National Anthem, head to head commercial odds, and plenty of others are there for your enjoyment. Those that could be worried about betting too much on these props should also know that these types of bets do have limits on them that would restrict you from betting too much.

Player Props at Bovada Sportsbook