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Super Bowl week is here, so it's time to start looking for different ways to get in the action. If you’re unfamiliar with the different types of bets offered at Bodog, here’s a primer to get you ready for the Big Game.
 

Single Wager (Spread, Moneyline, Totals)

Single wagers are the most popular bets, and there are three to choose from: point spreads, moneylines and totals. Let's start with the spread. As we go to press, New England is –3 and Atlanta is +3, so for a New England bet to pay, the Patriots have to win by at least four points. Meanwhile, Atlanta can cover the spread (and pay supporters) by winning outright or losing by less than three points. If the Patriots win by exactly three points, the result is a push, which refunds bets.

If you prefer to bet on a winner without point spreads, you’re after the moneyline. Atlanta is +125 on the moneyline and will pay $125 for a $100 bet. New England is –145 on the moneyline and will pay $100 for a $145 bet.

Lastly, there’s the total, which is 59.5 as we go to press. The total is the combined score of both teams, so for the Super Bowl LI total, you predict whether Atlanta and New England’s combined scores will exceed or be less than 59.5.

 

Parlays

Parlays involve tying multiple bets together. All of your selections need to win, which is riskier than single bets, but the upside is that your payout multiplies if everything does cash in. For the Super Bowl, you can include other sports into your parlay, or you can stick to football, and parlay, for example, the moneyline and total. 

 

Teasers

A teaser increases the chances of your parlay paying out. After adding at least two selections to your Bet Slip and clicking ‘Parlay’, you can shift the point spread and total in your favour in exchange for a smaller payout. In football, you can shift the spread and total by either 6, 6.5, or 7 points. For example, if you take New England at –3 and bet on the over, adding a 7-point teaser makes the Patriots +4 and the 59.5 total becomes 52.5.  
 

Props

Prop bets take centre stage at the Super Bowl. These bets are typically available in most major league sports, but a huge list of props are created for the Super Bowl every year because it’s such a mega event. Props focus on different aspects of a game, like a player or team’s performance. In the case of Super Bowl LI, you’ll find props on just about everything, including Matt Ryan’s total passing yards, how long it will take to sing the national anthem, and who the Super Bowl MVP will thank first. 

 

Live Betting

With live betting, you don’t have to make a decision before kickoff. Instead, jump in and bet once the game has begun. This is convenient because you can see how it’s going before deciding who or what to bet on.

 

 

*Odds as of January 31, 2017