Can You Bet on the Super Bowl? Here’s How to Legally Win Big
If you’re suffering through bankruptcy or tough financial times, you might be considering other ways to make some quick cash.
Or maybe you’re just looking for the next big payday.
How about gambling? Depending on your luck, the Super Bowl can either win you a lot of money or leave you in a worse situation than before you placed your bet.
You don’t have to go big. If you’re looking to place a bet on the Super Bowl, here’s everything you need to know about it.
Make Sure It’s Legal
Check your state and federal laws for gambling.
If you live in a state with legalized gambling, chances are you are safe to place your bet.
But what if you’re not in a state with legalized gambling? Find an online betting site.
Your research isn’t over if you find an online site that you like. Make sure the site is licensed at the state level to be legal under federal law.
Online betting isn’t a free pass for gambling. Discover more here about online betting.
Verify that the site is reputable and legal. Make sure they honor their payouts. After you’ve confirmed you’ve found a good online betting site, do your research about the game.
To Win, You Have to Consider the Odds
If your favorite team is in the Super Bowl, but they aren’t favored to win, you need to place your bet on the opposing team.
Put your pride in check. Wear your team’s colors. Cheer for your favorite to win.
But to win money, your money needs to go where the odds are in your favor.
Research everything about the game:
- Past winning history
- Game Day temperature
With your fortune on the line, no detail is too small for research.
Know what plays into the odds for each team to win. Use this education to make your best-educated decision on your bet.
Bet on More Than the Game
The overall winner-loser isn’t the only thing worth your wager.
Prop bets can be your friend in the Super Bowl gambling game. People place these bets on specific events within the game.
So, even if you lose you wager on the winner, you could still win money on prop bets.
These kinds of bets can be sports-related: total passing yardage, stats per specific players, or the win-loss spread.
Prop bets can also get more fun and silly.
Look for bets about:
- The number of time announcers will say specific things during the game
- How many Super Bowl commercials will involve cute animals?
- Will the halftime performer be shirtless?
Have fun with your Super Bowl bet. It doesn’t have to all be about the winner or loser.
Research Your Bet On the Super Bowl
The best way to bet on the Super Bowl is to do it safely and legally. Do your research ahead of time.
But if your gamble doesn’t pay off, use a lawyer to help minimize the damage. Search our database of available lawyers for any legal situation.