2020 Super Bowl Betting Guide

In the US, football is king and the marquee event each year is the NFL’s championship game, the Super Bowl. In 2020, Super Bowl 54 will be held on Feb. 2 at the Hard Rock Stadium in Miami Gardens, Fla.

A staggering amount of money is bet on the Super Bowl year in and year out and legal betting in the US on this year’s game will smash records again. It’s not a stretch to suggest that 2019’s Super Bowl handle will double this time around. That number will only climb as more states legalize sports betting.

Sportsbooks in New Jersey took in $35 million in Super Bowl bets in 2019 even though it took place just months after sports betting became legal in NJ. This year, even more online and mobile sports betting options are available on top of the retail sportsbooks.

The Super Bowl futures market is up and running for those looking to get in some early picks. And there will be a lot of live betting opportunities to consider once the 2020 Super Bowl kicks off.

Best NJ online sportsbooks for 2020 Super Bowl betting

Rank
Casino
No Deposit Bonus
Promo Code
Features
Play
Claim Your $25 For Free At DraftKings Sportsbook
1
$25 Free + Up to $1,000 Bonus
T&Cs Apply, New Players Only
DraftKings Review
  • $25 Free No Deposit Needed
  • Up to $500 Deposit Bonus
  • Up to $500 Free Bet
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Claim Your Free $10 Just For Joining
2
$10 Free
On Sign Up
William Hill Review
  • $10 Free On Sign Up
  • 100% Up To $150 On First Deposit
  • Use Promo Code: PLAYNJ150
Get up to a $500 refund if you lose your first bet
3
$500
Risk Free Bet
FanDuel Review
  • Up to a $500 refund if you lose your first bet
  • Use Our Links – No Code Needed
  • Available In NJ, PA & IN
Play At BETMGM Sports Now With A $500 Risk-Free Bet.
4
$500
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MGM Sportsbook Review
  • Up To $500 Risk-Free Bet
  • Free $10 Weekly Bet
  • Use Bonus Code: PLAYNJFREE

Best betting apps for Super Bowl 2020

Which are the best betting apps to use for Super Bowl 54? Here are the top three options in NJ for you to consider opening up an account.

draftkings sportsbook app1) DraftKings Sportsbook – $25 Free

The top daily fantasy sports operator has spread its wings into legalized sports betting and emerged as one of the most popular betting apps in NJ.  It offers a slick platform, and the company’s bonus and promotional offerings are generous.

New users who sign up via our exclusive links get $25 free to play with and are eligible for deposit match bonuses of up to $1,000.

2) William Hill Sportsbook

A legendary name in sports betting, UK-based William Hill is now well established in the US as well. The company has debuted retail and online sportsbooks in several states and locales, including NJ.

William Hill Sportsbook brings a lot of experience to the sports betting table, and that’s clear once experiencing its online and mobile offerings. New users who sign up via our exclusive links get to play with $10 free. Also, they receive 100% match on first deposits of up to $150.

3) FanDuel Sportsbook

Those familiar with DFS will recognize the FanDuel name. Since receiving the green light, FanDuel Sportsbook hit the ground running into the legalized sports betting market and hasn’t hesitated for a moment.

FanDuel Sportsbook is the preferred destination for the scores of users in NJ. Its retail sportsbook at the Meadowlands is the most revenue-generating outfit in the state.

For new users FanDuel offers a risk-free bet of up to $500.

———-

Legal sports betting in NJ has experienced tremendous growth in a short amount of time. That’s only going to continue. For consumers, that translates into plenty of choices. Top sportsbook operators have flocked to the Garden State, and there will be more to come. Here’s an expanded list of sportsbooks in NJ you can legally bet online with via your laptop or smartphone:

Super Bowl 2020 current odds at NJ sportsbooks

Check the current moneyline, spread and totals odds for Super Bowl 54 at the top NJ sportsbooks. Just click the “Bet Now” button to register an account and get started placing your bet.

Bet on Super Bowl MVP

The marquee Super Bowl prop to bet on is the Super Bowl MVP. The overwhelming majority of MVP awards go to QBs so they make a pretty safe bet. Looking at the current MVP odds on FanDuel sportsbook as of Jan. 20, 2020, that holds true as the two remaining QBs lead the odds:

  • Patrick Mahomes QB +100
  • Jimmy Garoppolo QB +240
  • Raheem Mostert RB +750
  • George Kittle TE +1700
  • Travis Kelce TE +1800
  • Deebo Sanders WR +2000
  • Tyreek Hill WR +2800
  • Damien Williams RB +2900
  • Nick Bosa DE +4100

Claim your $500 risk-free bet and bet Super Bowl 54 MVP at FanDuel

Super Bowl 2020 game details

Here’s everything you need to know about Super Bowl LIV: 

  • Teams: TBD
  • Date: Feb. 2, 2020
  • Time: 6:30 p.m. EST
  • Location: Hard Rock Stadium in Miami Gardens, FL
  • Stadium Capacity: 65,326
  • Broadcast: Fox
  • Announcers: Joe Buck and Troy Aikman
  • Streaming: FoxSports.com or Fox Sports app
  • Halftime Performers: Jennifer Lopez and Shakira

This year’s broadcaster is Fox, a company that entered the sports betting fray with its Fox Bet online sportsbook and betting app. Expect to see some promotional tie-ins for the big game as a result.

Best free 2020 Super Bowl contests

As the 2020 Super Bowl draws closer, we can expect to see even more promotional offers for both new and existing users. The game is the biggest betting day of the year after all, and also an excellent opportunity to attract new customers.

Among the offerings that we expect to see are free-to-play gamesand contests. In 2019, DraftKings and FanDuel offered simple free games that proved to be quite a hit.

At DraftKings it was a take on the popular $50,000 Super Bowl Squares, which gained a lot of traction with casual bettors who know how to play from home or office parties.

Over on FanDuel, it was $25,000 Big Game Bingo that served as its biggest free contest. In both cases, users received free entries which paid out real prizes to the winners.

Don’t forget that both of those companies are still in the DFS business. There will be single-game tournaments in the lobby for the Super Bowl. The largest tourneys will offer some eyebrow-raising top prizes.

As for other operators, we’ll take a wait-and-see approach on what they have in the works. For each of our preferred operators, there’s a dedicated promotions section you can find online and on mobile.

Get in the habit of checking those, as there are often excellent offers for the taking.

How to bet on the Super Bowl

Even though the Super Bowl is a single game, sportsbooks create a slew of betting options for the game. There are several common types of bets you may see as options:

Point spreads

Point spreads are the most common Super Bowl bet. By and large, they are also the betting method familiar to most people.

Essentially, sportsbooks lay out a line on the eventual winner of the game and the expected margin of victory.

Bettors then have two options. They can bet that the favorite (indicated by the “-” in front of the number) will win by a greater margin than the spread, which is known as “beating the spread.”

Alternatively, players can bet that the underdog (indicated by a “+” sign) will lose by less than the established margin, or win outright. If this occurs, the underdog is said to have “covered the spread.”

Prior to kickoff of Super Bowl 53, this was the spread:

  • Los Angeles Rams +2.5
  • New England Patriots -2.5

Since the Patriots won by 10 points, bettors on that side were winners.

Moneyline

The moneyline is another very common form of sports bet. In fact, most professional sportsbooks use the moneyline as the basis for their predictions and other calculations.

A sportsbook denotes the moneyline for a particular game by issuing three-digit numbers for both teams. The sign of the number by each team’s name determines its meaning.

If a moneyline is negative (i.e., -210), then the number is the amount a bettor must wager to win $100. If a moneyline is positive (i.e., +190), then the number is the payout amount for a $100 bet.

Sportsbooks will always have a moneyline for the Super Bowl. Patrons who planned to bet for their sentimental favorite anyway might gravitate toward this betting type.

Last year’s Super Bowl moneyline looked like this before the game:

  • Los Angeles Rams +250
  • New England Patriots -300

Totals

Totals are the other sports bet that most people know. These bets are often called the over/under.

For a totals bet, an NJ sportsbook will estimate the total number of points that both teams will combine to score. Once that point is established, players bet whether they believe the actual total will be over or under the given estimate, hence the bet’s common nickname.

A player who wishes to bet on totals would do well to study the prospective offensive and defensive outputs of both teams. An explosive offense could be a boon for the over bettors, while a stingy defense could reward the under wagers.

Last year’s Super Bowl over/under was set at 56 points. With only 16 points scored in the game, the under bettors were the easy winners.

Super Bowl prop bets

Super Bowl prop bets are some of the most fun to bet on. With just one game to go in the NFL season, sportsbooks roll out all the ideas they can find to encourage more bets.

A lot of Super Bowl prop bets involve events that are ancillary to the actual gameplay. So rather than a bet about the outcome of the game, they deal with side activities like the result of the coin toss, or the length of the halftime performance.

The nice thing about prop bets is that, unlike other types of bets, they require little knowledge or study. Instead, they are more of a straight gamble.

Prop bets are also a more fun bet than the others and create drama around seemingly insignificant events. However, whenever gamblers tell stories about bets they’ve won and lost, the story invariably revolves around some prop bet.

Super Bowl live betting

These are bets that you can place after the game kicks off and as the action unfolds. The market moves fast and opportunities vary depending on what’s going on.

You can be sure that there will be plenty of live betting during the Super Bowl, and having your betting app open during the game will help you access them all the quickest.

Here’s a sample of in-play bets you may see:

  • Total points scored before halftime will be …
  • The team who will score the next TD will be …
  • The next possession will result in …

Once again, these markets move quick. Keep your eyes peeled as the game unfolds for appealing opportunities. Remember though: There’s no need to jump on every bet. Exercise patience and only pull the trigger on the ones that you find most appealing.

2021 NFL Futures

Futures bets are usually longer-term bets than a single NFL game itself. A future bet tends to be related to the outcome of an entire season, be it for a team or individual player.

Usually, these bets are given in straight odds. The specified event will pay according to its likelihood of occurrence.

With that said, bettors who took one of the two teams that appear in the Super Bowl might be hoping to cash in on a futures bet. It is likely that they made a bet at the beginning of or during the season, and are only one game from their wish coming true.

Once the 2020 Super Bowl is over, 2021 NFL futures will be released for the Super Bowl and season MVP. Futures odds will be open and shift throughout the entire year.

Parlays

Parlays are merely combination bets of one or more of the above betting types. The defining characteristic of this bet type is multiple events must occur for a decision on the bet.

Each of these events is called a “leg” of the parlay. The payout for a parlay is the result of how many legs are in the bet.

Parlays pay quite well. A single-digit wager could potentially yield thousands of dollars in winnings.

There’s always a catch, though, and the catch for parlay bets is that every single leg of the bet must come true for the bet to pay. If even one leg fails, the entire ticket loses.

For this reason, many experienced bettors consider parlays to be a sucker bet. However, they can be a lucrative payday if a bettor has the right instinct about a few outcomes.

Super Bowl FAQ

Is it legal to bet on the Super Bowl in NJ?

Yes, sports betting became legal in New Jersey in May 2018. Many online and retail shops have opened for business in the Garden State since then. Despite that, there remains a black market, including unregulated offshore sportsbooks.

We have listed several legal and safe options for you to consider, and all these operators are fully licensed and regulated. Quite simply, there’s no valid reason to take a chance with an offshore operator.

The legal sports betting industry continues to grow by leaps and bounds. NJ is at the forefront of the growth, and Super Bowl LIV should be an absolute boom time for the Garden State.

Which cities have hosted the Super Bowl more than once?

This year will mark the 10th time that the big game has been hosted in the Miami metropolitan area. New Orleans is next on the list with nine, followed by Los Angeles with seven.

Where can I get the best Super Bowl odds in NJ?

For a huge event such as the Super Bowl, there will be a pretty strong consensus on the odds.

As a result, you’ll find similar numbers at the major shops. However, that doesn’t mean you shouldn’t take the time to check out the odds in a few various places.

The odds will shift at sportsbooks based on the action they take in. So, you may find something more appealing in one spot over the other.

What are the Vegas odds for the Super Bowl?

While Las Vegas remains the capital for sports betting, the landscape has changed. You can find odds at online and mobile sportsbooks outside of Vegas, including legal books in NJ.

When someone mentions Vegas odds these days, there’s a good chance that they are referring to the consensus odds. For example, William Hill has books in both Vegas and NJ. The point spread will be the same in both locations for the Super Bowl.

Why do Super Bowl odds change?

Odds will change depending on the direction of the market. For example, the 2019 Super Bowl opened with the Rams installed as slight favorites. The market reacted, and the Patriots wound up being favored by 2.5 points when all was said and done.

Who is hosting Super Bowl 54?

This year’s Super Bowl takes place at Hard Rock Stadium in Miami Gardens, FL. The stadium is home to the NFL’s Miami Dolphins during the regular season.

Who is performing at halftime of Super Bowl 54?

Jennifer Lopez and Shakira are on board for the halftime show at this year’s Super Bowl.

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