Will You Be Placing Bets on Super Bowl LVI?

Will You Be Placing Bets on Super Bowl LVI?

Let me start by saying I’m a huge football fan. I was born in Husker country, but I still look forward to Super Bowl Sunday every year. When I was in college, my friends were also huge sports fans. Championship games are high holidays. And, the NFL Draft Day was a holiday and a time to develop your fantasy strategy. While many were happy to place friendly wagers on rivalry games or buy into the league, there were a few who were serious about their sports betting. Some games led to huge paydays, and others cost them thousands of dollars. While I never got a taste for gambling, many Americans are already placing their bets on Super Bowl LVI. Will you be getting in on the action this year?

 Super Bowl Betting

The Super Bowl is the biggest sporting event of the year with millions of viewers around the world. It’s also one of the most popular events with gamblers as well. Millions of people visit sports betting retail locations, place bets online, or make friendly wagers with their friends on the big game. Although it’s impossible to track every bet (particularly illegal ones), Americans spend billions placing bets on the Super Bowl every year. This year, experts expect that figure to reach nearly $6 billion.

Traditionally, these bets were usually made in person. However, online sportsbooks have completely changed the gambling scene. There are already several sports betting marketplaces and apps, and more that are added every year.

Placing Your Bets on Super Bowl LVI

Although online betting has been on the rise, restrictions during the pandemic have accelerated the transition to digital platforms and changed the world of sports betting. With health concerns and social distancing requirements, fewer people bet in person. This is partially due to fewer people visiting retail locations and less social interactions and casual betting in pools or among friends. However, you can’t overlook the convenience factor of online betting. Based on the latest reviews, here are some of the best online sportsbooks to place your Super Bowl bets.

Best Online Sportsbooks for Placing Bets

Bovado

Of all the online sportsbooks, Bovado receives the most site traffic from American bettors. With this full-featured app, you can bet on just about anything, even live bets. They have extensive and well-organized markets that are perfectly suited for casual gamblers.

It has been voted best for mobile betting by its users and promises fast payouts. And, since they are giving huge bonuses, there’s even more reason to sign up. You get a 50% bonus for up to $250 as a welcome bonus, and 75% for up to $750 as the Bitcoin welcome bonus with promo code BTCSWB750.

BetOnline

BetOnline has been around for two decades and is considered among the best offshore sportsbooks out there. In addition to its good reputation, excellent bonuses, and a huge selection, they have received many accolades for their responsive customer service.

They offer the fastest payouts in the industry and provide a variety of features and banking options, even accepting many cryptocurrencies. And, if you sign up now, you get a 100% welcome bonus for up to $1,000.

BetUs

Despite recent controversy, BetUS has been taken off the blacklist now that it’s under new management. It continues to offer a full sportsbook and casino, which means it has something for every type of bettor. They still provide high betting limits and offer competitive odds as well. And, their quality software makes it easy to jump into live betting and prop bets during the game.

To attract new bettors, they are also giving excellent bonuses to pad your winnings even more. New users get 125% for amounts up to $3,125 with their promo code JOIN125. They are also a good option if you are using crypto since they have several banking options. And, you can expect fast, hassle-free payouts when you collect your winnings.

MyBookie

MyBookie is another well-known online sportsbook with a good reputation among bettors. It’s a good choice for Super Bowl betting since they offer decent odds. However, it became popular for its prop bet options. They offer several fun bets that draw tons of sports fans who aren’t serious gamblers.

What If You Live in a State Where It’s Illegal?

Although 36 million more people had the option of placing legal bets on the Super Bowl since seven states/jurisdictions legalized it last year, sports betting isn’t legal in every state. Currently, it’s legal in 33 states, and you don’t have to be a resident to participate.

Therefore, you must know the state laws where you are located, not where you live. So, if you’re in a state that allows it, you don’t have to worry about placing bets on the Super Bowl. And, even if the state doesn’t have retail sports betting locations, 43 states allow online betting within their borders for fantasy leagues.

If you live in the states where it’s not yet legal, you should always avoid using offshore sites that work “under the cloud of uncertainty.” Although they may seem legitimate, many operate in foreign countries and violate federal laws. So, if you get caught using them, you could be in hot water.

Furthermore, when you gamble illegally, there’s no way to guarantee your bet is safe. Regulated sports betting ensures specific protections for bettors. However, there is still a lot of confusion surrounding the legal status of online sportsbooks. But, there is also more awareness as people look for legally regulated sportsbooks when placing bets on the Super Bowl.

Tips Before Placing Your Bets on the Super Bowl

If you plan of placing wagers on Super Bowl LVI, here are a few tips to increase your odds and your payouts.

  1. Shop around and compare lines from multiple places. Since they don’t always move in unison, you may find more favorable numbers from other sportsbooks.
  2. Before the game, set a gambling budget with a strict limit. Betting can be fun but it shouldn’t put your finances in jeopardy.
  3. Do your research before placing any bets on the Super Bowl. If you are betting online, make sure it is a legitimate site so you won’t have any legal issues.
  4. Don’t forget to claim your welcome bonuses. Otherwise, you’re missing out on free money!
  5. If you tend to get caught up in the game and the action, you might want to avoid in-game betting or you could have some serious gambler’s remorse.

 Read More