The Super Bowl is upon us once again, my friends. And as a dyed-in-the-wool football fan, there’s nothing I love more than throwing down a few bets before and during the Big Game. Now, I know what you’re thinking: “Jake, isn’t live betting a little risky? Don’t you want to make your picks before the game starts?”
To that, I say: pfft. Live betting is where the real excitement is! You’ve got the ability to adjust your wagers based on the flow of the game, to take advantage of shifting odds and sudden changes in momentum. If you know what you’re doing, you can maximise your betting potential and add an extra layer of excitement to the already nail-biting Super Bowl experience.
So, let’s dive into the world of live betting, shall we?
Ranking the best Live Betting Sites in Canada
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The Basics of Live Betting
First things first: you’ve got to be prepared. Before the game starts, do your research on the teams, the players, and the matchups. Know which players are injured and how that might impact the game. Familiarise yourself with the betting lines and odds, and have a rough idea of the types of wagers you want to place.
The Super Bowl is the biggest event in American sports and a prime opportunity for live betting. With the excitement of the game and the added excitement of betting in real-time, it’s easy to see why live betting is becoming increasingly popular among sports fans.
Here’s a beginners guide to help you navigate live betting during the Super Bowl:
- Know the basics: Before you start live betting, it’s important to understand the basics of sports betting. This includes understanding the point spread, moneyline, and over/under bets.
- Be aware of the odds: Live betting odds can change quickly, so it’s important to be aware of the current odds at all times. Make sure to keep a close eye on the odds and be prepared to act quickly when you see a good opportunity.
- Monitor the game closely: To be successful at live betting, you need to be paying close attention. This includes monitoring the score, keeping track of key players, and being aware of any major events that may impact the outcome.
- Have a strategy: It’s important to have a strategy in place before you start betting. This can be as simple as betting on the favorite to win or looking for opportunities to bet on the underdog.
- Bet on prop bets: Prop bets are a fun and exciting way to get involved in live betting during the Super Bowl. These bets allow you to wager on specific occurrences during the game, such as the number of touchdowns or the color of Gatorade dumped on the winning coach.
- Manage your money wisely: It’s easy to get carried away during the excitement of the Super Bowl, but it’s important to manage your money wisely. Make sure to set a budget for your betting and stick to it, no matter what.
Once the game starts, it’s time to pay attention. Like, really pay attention. You need to be able to react quickly to changes in the game, and make informed decisions about your bets. This is where having a good understanding of football strategy and the players involved comes in handy. Also reading all of CSB’s NFL coverage helps too!
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Live Bet Types
One of the simplest and most popular types of live bet is the in-game spread. Let’s say the spread for the Super Bowl is set at Eagles -3.5. If you take the Eagles, they need to win by 4 points or more for you to win your bet. If you take the Chiefs, they can either win the game outright or lose by 3 points or less and you’ll still win your bet.
Now, let’s say the Eagles are up 13-7 at halftime. The odds on them winning will likely go up, meaning you could potentially place a bet on them at better odds than before the game started. On the other hand, if the Eagles are struggling and the Chiefs are keeping it close, the odds on the underdog winning will probably shorten, giving you an opportunity to bet on them at better odds.
Another popular live bet is the in-game total, also known as the over/under. This is a bet on whether the total number of points scored in the game will be over or under a certain number. Let’s say the over/under for the Super Bowl is set at 56.5. If you take the over, you’re betting that the combined score of both teams will be 57 points or more. If you take the under, you’re betting that the total score will be 56 points or less.
Just like with the in-game spread, the odds on the over/under can change throughout the game based on the flow of the action. If the teams are trading touchdowns back and forth, the odds on the over will likely go up. But if the defences are dominating and the score is low, the odds on the under will probably improve.
Live betting also allows you to get creative with your wagers. You can place prop bets, which are wagers on specific events or milestones within the game. For example, you could bet on the first team to score, the number of touchdown passes thrown by a certain player, or the length of the longest field goal. The possibilities are endless, and the odds can change throughout the game based on what’s happening on the field.
And hey, if you’re thinking to yourself; “I don’t want to pay THAT close attention to this thing, I’ll never be able to keep track enough to bet in real time!”, I say hogwash! If you aren’t vibing with the game on the field, then why not bet on novelty props like the aforementioned Gatorade colours, national anthem length, Rihanna’s song lineup or her surprise guests. If you’re just at the Super Bowl party to have fun and half-watch the game itself, there’s still ways to get in on the action!
Super Bowl Live Betting Strategy
And that brings us to strategy. You can’t just blindly throw money at the screen and expect to come out a winner. You need a plan for how you’re going to approach the game. This could be as simple as betting on the favorite to win or looking for opportunities to bet on the underdog when the odds are in your favor. Whatever your strategy, make sure you have one in place before you start betting.
How do you know when to bet? The key to success in live betting is to stay on top of the game. This means watching every play and keeping track of the score, key players, and any events that may impact the outcome of the game. You need to be able to anticipate what’s going to happen next and be ready to act on it.
Next, you need to pay attention to the odds. During the Super Bowl, odds can change in an instant based on what’s happening on the field. A key injury, a big play, or even a controversial call can all impact the odds in real-time. That’s why it’s important to keep a close eye on the odds and be ready to act fast when you see an opportunity. Keep tabs or your favourite sportsbooks so you can be ready when odds change.
Finally, it’s important to be prepared for anything. Live betting is unpredictable, so be ready for anything that may happen on the field. Whether it’s a key injury, a big play, or a controversial call, you need to be able to adjust your strategy on the fly and take advantage of any opportunities that may arise.
But with all the excitement and opportunities to win big, it’s easy to get carried away. That’s why it’s important to manage your money wisely. Set a budget for your betting before the game starts and stick to it, no matter what. Don’t let the excitement of the moment cloud your judgement and cause you to make impulsive decisions.
Finally, a word of caution: live betting can be addictive. It’s easy to get caught up in the moment and feel the rush of each play. Make sure you’re betting responsibly and only wagering an amount that you’re comfortable losing.
In conclusion, live betting the Super Bowl is an exciting and unique way to experience the biggest game of the year. With the right knowledge, strategy, and money management, you can turn up the excitement and potentially walk away with some big winnings. So get out there, have fun, cut loose (responsibly!), and enjoy Super Bowl LVII!