Not only is the annual Super Bowl the pinnacle event for NFL players each year, but it’s also the single biggest day for sports bettors.
According to the American Gaming Association, 31.4 million Americans will bet on Super Bowl LVI. And they’ll spend $7.61 billion while doing so.
Chances are, you’re either one of those people, or you know a close friend who is. Whether you’re new to sports betting or you’re looking to try out some fresh wagering options, here are the nation’s top ways to wager on the Big Game — and three new user bonuses to go along with it.
Super Bowl LVI betting odds
Futures wagering has been popular all season long, though bettors have disagreed wildly on who the next Super Bowl winner would be. The Rams have been the 3rd-most bet on NFL team this season, while the Bengals have been the 10th-most.
Current odds at Tennessee sportsbooks favor the Bengals, but the betting public isn’t convinced. FanDuel Sportsbook’s latest findings suggests that bettors are now putting their eggs in the Bengals’ basket. And if Cincinnati happens to win in a high-scoring faceoff, they’re set to fare especially well.
Popular same game parlays
Last year, Tennessee bettors wagered $15.5 million on the Super Bowl. This year, those numbers are expected to double. That’s due in large part to the five additional sportsbooks that will be live this go-around. It’s also the result of the industry’s ongoing growth.
One of the hottest types of bets being placed on the game this year is the increasingly popular same-game parlay. These are bets that combine multiple lines on the same game into a single wager. Although there’s more risk associated with parlays, bettors are fond of the substantial increase in payout they offer.
FanDuel’s most popular SGP combines odds for Cooper Kupp, Ja’Marr Chase, Odell Beckham Jr. and Joe Mixon to all score touchdowns.
Super Bowl prop bets
Prop bets are another exciting way to wager on the Super Bowl. Rather than placing a traditional moneyline, spread or over/under wager on the event’s outcome, these bets give users the chance to wager on occurrences that take place within the game.
FanDuel notes two of the sportsbook’s most popular prop bets ahead of the game. Bettors enjoy wagering on whether the opening kickoff will be returned for a touchdown and whether someone other than a quarterback will throw a touchdown pass.
A number of options for wagering on the actions of individual players also exist, such as Joe Burrow’s total passing yards or whether Cooper Kupp will score the first touchdown.
In fact, FanDuel bettors nationwide are leaning toward the Rams being the team to score the first touchdown. And the popular opinion is that Kupp will be the one to do so.
Odell Beckham Jr., followed by Kupp and Chase, are the most wagered on options for anytime touchdown scorer.
When it comes to Super Bowl MVP, bettors are backing Aaron Donald, while Burrow and Kupp trail close behind.
New user promos at Tennessee Sportsbooks
If you’re looking to try out a new Tennessee sportsbook, there’s no better time to do so. Operators are rolling out the red carpet in celebration of this big event.
One of the best promos you’ll find is at BetMGM Tennessee, where PlayTenn and the sportsbook have teamed up to offer new users an exclusive sign-up bonus. From now until Thursday, Feb. 18, bettors can register for an account and receive an additional $50 on top of their $1,000 risk free first bet.
Going on now until Super Bowl Sunday, new DraftKings Sportsbook TN users can wager $5 to win $280 in free bets after registering for a new account.
And by signing up at FanDuel TN before the Big Game, bettors can snag an extra $280 in real cash money by placing a $5 moneyline wager on the winning team.