Is Betting on the Underdog a Good Strategy for Super Bowl?

Is Betting on the Underdog a Good Strategy for Super Bowl LVIII?

As Super Bowl LVIII gets closer and closer, we are excited about what this game could bring. The San Francisco 49ers and Kansas City Chiefs will meet up in Las Vegas.

With the increase in sports betting, betting on the underdog has been a tactic when betting on the game that has grown over the years. Let’s take a look at some reasons betting on the underdog is a good betting strategy for Super Bowl LVIII:

 

NFL: Is Betting on the Underdog a Good Strategy for Super Bowl?  | MyBookie NFL Playoff Preview for the Big Game

Super Bowl LVIII | 58th edition of the annual league championship game of the National Football League
Kansas City Chiefs at San Francisco 49ers

ATS Odds: 49ers -1
Money line Odds: Kansas City Chiefs Line: +100 / San Francisco 49ers Line: -120
Over/Under Odds: 47.5

Sunday, February 11th, 2024 at 6:30 pm ET | CBS
Allegiant Stadium, Las Vegas, NV

 

Increased Odds and Potential Payouts:

One of the attractive aspects of betting on the underdog in the Super Bowl is the enticing odds and potential payouts. Bookmakers typically set odds based on public perception, team performance, and various other factors. The favored team usually has lower odds, offering a smaller potential return on investment. On the other hand, the underdog’s odds are higher, providing an opportunity for bigger payouts if they walk away victorious. Betting on the underdog becomes a calculated risk, with the allure of a greater reward.

 

Unpredictability in Super Bowl Games:

The Super Bowl, being the grand daddy finale of the football season, often introduces an element of unpredictability. Teams may show off unexpected strategies, key players may deliver standout performances, or unforeseen events could change the outcome. This unpredictability creates an environment where underdogs can defy expectations and pick up a victory. Betting on the underdog, in theory takes into account the uncertainty, allowing bettors to potentially win on upsets and take advantage of the rewards.

 

Emotional Momentum and Cinderella Stories:

Super Bowl matchups are not just about stats and player performance; they are also about emotional narratives and the quest for the ultimate prize. Underdog teams, typically have that desire to prove themselves, can use that emotional momentum that often translates into a performance for the books. Fans love a Cinderella story, and history is full of instances where underdogs win against all odds. Betting on the underdog enables bettors to align themselves with the emotional facts of the game and potentially win money from the magic of an unexpected win.

 

Defensive Strategies and Close Games:

In Super Bowl games, the stakes are high, and both teams usually bring their best game. This often results in a close contest,  where defensive strategies play a crucial role. Underdog teams may employ different tactics or exploit opponents’ weaknesses, leading to a more balanced game. Close games increase the likelihood of the underdog covering the point spread, making them a favorable option for bettors looking for a competitive edge.

 

Betting on the Underdog is Fun

While betting on the underdog in the Super Bowl carries some big time risks, it also allows an intriguing opportunity for savvy bettors seeking higher odds and potential winnings. The excitement of the underdog sits with the unpredictability of the game, the various emotional narratives, and the potential of an upset.

It’s very important for bettors to do their proper research, check out all the team dynamics, and consider all the factors before placing their bets. In the world of sports betting, where question marks abound, buying into  the underdog can add some excitement and the potential of a substantial payout. As the Super Bowl approaches those willing to take the calculated risk on the underdog might find themselves celebrating a nice payout! Best of luck with your Super Bowl betting!

2024 NFL Super Bowl Odds | Bet 49ers vs Chiefs
MyBookie Betting Lines for the Big Game


There you go! Is betting on the Underdog a good strategy for Super Bowl. Enjoy the action and best of lcuk with all your Super Bowl betting action!

 

I have read enough, I need to place my bet now. What to do?

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3 Reasons to Bet the Under for Super Bowl 57
 

Previous Betting News

We are now just a matter of days away from Super Bowl 57, which means it’s really time to get down to the business of deciding where your betting dollars are going to go. As is the case with every Super Bowl, there are a multitude of options, not all of which can be considered smart bets. Mainly, though, we are talking about the prop bets here, which we will dove deeper into in another article this week. If you are looking to keep it simple, then the straight up, spread, and point total bets are the way to go. For the purposes of this piece, we are going to focus on the point total, and specifically the UNDER. Let’s take a closer look at this Super Bowl wager and find the reasons why it might be the way to go.

 

Why Bet the Under for Super Bowl 57?

Historical Results

We are all very aware that the bookies are great at setting the lines, so it should come as no great surprise that there is no real edge one way or the other with the point total going back through the years. The UNDER has hit 28 times in previous Super Bowls, while the OVER has hit 27 times, with 1 push.

While that doesn’t really help. We do have a trend going at the moment, with each of the last 4 championship games. The total right now is set at 51, which is a higher total than the result of 3 of the last 4, with the 4th in that group actually being 51. Since this doesn’t really help that much, let’s look at each individual team.

 

The Kansas City Chiefs and the UNDER

We know that the Chiefs have a great offense, although given the injuries they have on that side of the football, you do wonder how powerful they will be on Sunday. That aside, there are certainly reasons why the UNDER seems like a good pick, starting with the fact that 6 of their last 7 games versus a team with a winning record have gone UNDER. They have also seen 4 of their last 5 overall go UNDER and are 4-1 O/U in their last 5 games after a straight up win. Certainly, you have to say that a lot of the signs point one way, but there is another team involved, so let’s look at them.

 

The Philadelphia Eagles and the UNDER

Like the Chiefs, the Eagles can pile on the offense as needed, but that said, they haven’t really needed to in these playoffs, as they have surrendered just 14 points in their previous 2 postseason outings. In fact, they have seen the UNDER hit in each of their last 4 games. If we stick with just playoff games for the Eagles, they are also a good bet with the UNDER, with 16 of their last 22 games in the postseason going that route.

Right now, with the trends that we have just talked about and the injuries to the Chiefs, this feels like a game that might be a bit of a defensive struggle. Like we mentioned, though, these offenses can score at will, so we will also make a case for the OVER in a separate piece.

 
Panthers vs Broncos SB 50 Game Information Odds and Lines
 

Previous Betting News

The Super Bowl odds are released over at MyBookie.ag and the Denver Broncos are clearly the underdogs in this game. Betting on the underdog can be challenging sometimes, as that team is picked to lose the game. But there are many times that betting on the underdog is a good strategy. We are going to give you a few reasons why betting on the underdog in Super Bowl 50 could be a good choice.Before we jump into specific reason why the Denver Broncos +6 is a good bet, let’s look at the larger picture and investigate why betting on NFL underdogs is appealing.

 

Panthers vs Broncos SB 50 Game Information Odds and Lines

When: Sunday, February 7, 2015 Kickoff: 6:30 PM ET Where: Santa Clara, CA Stadium: Levi’s Stadium Spread: Panthers -6 Moneyline: Carolina -240 vs Denver +200 Game Total: 45.5 Watch: CBS

First, it’s always good to get points. When you bet on the underdog you aren’t laying points, you are getting points. For example, in this Super Bowl game, if you bet on the Denver Broncos you are getting +6 points. That means that even if the Broncos lose the game by 5 points or less — you still win the bet. That’s a great feeling when the game is expected to be close.

Secondly, many times the underdog is not the “public” team. People love favorites and they love to bet the favorites. Being on the opposite side of the public is a good thing many times.

Denver Listed as +6 Point Underdogs

The odds for Super Bowl 50 over at MyBookie.ag have been released. The Denver Broncos opened as +4.5 point underdogs and are currently listed as +6 point underdogs. Keep an eye on this line as game day approaches.

Let’s now take a look at why Denver is a good choice for Super Bowl 50.

 

Why Bet on the Underdog in Super Bowl 50?

We have three reasons why betting on Denver +6 is a smart bet in Super Bowl 50. First, the Broncos have the best defense in the NFL. Defense wins championships and Denver’s is excellent. They get after the quarterback and cover receivers with the best of them. They should make it very difficult for Cam Newton to pass the ball down field.

Secondly, Peyton Manning is one of the best quarterbacks of all time. He has a dynamic wide receiver duo in Demaryius Thomas and Emmanuel Sanders to throw to. With rumors of Peyton Manning retiring after this season, he should give it a little extra effort in Super Bowl 50.

Lastly, you are getting +6 points if you bet on the Broncos in this game. That’s nearly a touchdown. This game should be a lower scoring game and will likely be close. We envision a back and forth game decided by a field goal. Take the points and bet the underdog.

 

Super Bowl 50 Pick and Final Score Prediction

As we mentioned above, this game should be a low scoring grind for both teams. In those types of games, betting the underdog is a good strategy. Our final score prediction is Denver 20 and Carolina 17. Bet on the Denver Broncos +6 over at MyBookie.ag today!

Being the history buff and research lover that I am, I love going backward in an effort to help bettors moving forward! With the end of the 2017 NFL regular season quickly approaching and Super Bowl 52 a whole lot closer than you think, this look back at the last seven Super Bowl betting underdogs could help you cash in on this year’s Super Bowl, long before it ever gets underway! Be sure to check out for the betting odds to win Super Bowl at MyBookie!

 
A Look at the Past 7 Super Bowl Betting Underdogs
 

Previous Betting News

A Look at the Past 7 Super Bowl Betting Underdogs

Who Let the Dogs Out?

I love that one-hit wonder song, who let the dogs out by the little known Baha Men, but seriously. Who let the dogs out, because, over the last seven Super Bowls, they’ve been barking like you wouldn’t believe. The Underdog has brought home the bacon in five of the last seven Super Bowls.

While Matt Ryan and the Atlanta Falcons failed to cash in as a 3-point dog in last season’s memorable Super Bowl 51 second-half collapse against Tom Brady and the New England Patriots, Peyton Manning and the Denver Broncos did cover the chalk as a 5-point underdog in Super Bowl 50.

The Seattle Seahawks and Patriots were a Pick ‘Em the year before in Super Bowl 49, but underdogs covered the spread in each of the three previous Super Bowls.

Russell Wilson and the Seahawks cashed in as a 2.5-point dog by blowing the Broncos off the field 43-8 in Super Bowl 48 and San Francisco narrowly covered the chalk as a 4.5-point dog in their 34-31 Super Bowl 47 loss to Ray Lewis and the Baltimore Ravens.

Eli Manning may be in the news for all the wrong reasons lately (stupid Giants), but he led the Giants to a thrilling 21-17 win over Brady and the Pats in Super Bowl 46. However, Ben Roethlisberger and the Pittsburgh Steelers failed to cover the spread as a 3-point underdog in their 31-25 Super Bowl 45 loss to Aaron Rodgers and the Green Bay Packers almost seven years ago.

 

Underdog? I don’t think so

As a matter of fact, three of the last six underdogs have shown NFL bettors they should have never been underdogs in the first place – by winning outright!

Eli Manning and the G-Men hoisted the Vince Lombardi Trophy in Super Bowl 45 while Wilson and the Seahawks did likewise in Super Bowl 48 and Peyton Manning and the Broncos pulled off the feat two years later by ripping that ‘S’ off of Cam Newton’s chest in Super Bowl 50.

 

On Average

The last six underdogs have combined to average 29.1 points per game while the last six favorites have combined to average just 21.8 points per game, thanks mostly to Denver’s pitiful 8-point performance against Seattle in Super Bowl 48.

Here is a look at the last seven Super Bowl Betting results (underdog on the left):

  • LI (2017 Houston, TX): Atlanta Falcons 28 – New England Patriots 34
  • L (2016 Santa Clara, CA): Denver Broncos 24 – Carolina Panthers 10
  • XLIX (2015 Glendale, AZ): Seattle Seahawks 24 – New England Patriots 28
  • XLVIII (2014 East Rutherford, NJ): Seattle Seahawks 43 – Denver Broncos 8
  • XLVII (2013 New Orleans, LA): Baltimore Ravens 34 – San Francisco 49ers 31
  • XLVI (2012 Indianapolis, IN): New York Giants 21 – New England Patriots 17
  • XLV (2011 Arlington, TX): Pittsburgh Steelers 25 – Green Bay Packers 31
 

Super Bowl LII Information

  • Date: February 4, 2018
  • Stadium: U.S. Bank Stadium, Minneapolis, Minnesota
  • Network: NBC
  • Halftime Show: Justin Timberlake
 
More Past 7 Super Bowl Betting Underdogs
 

Being the history buff and research lover that I am, I love going backward in an effort to help bettors moving forward! With the end of the 2017 NFL regular season quickly approaching and Super Bowl 52 a whole lot closer than you think, this look back at the last seven Super Bowl betting underdogs could help you cash in on this year’s Super Bowl, long before it ever gets underway! Be sure to check out for the odds to win Super Bowl LII at MyBookie!

 

A Look at the Past 7 Super Bowl Betting Underdogs

Who Let the Dogs Out?

I love that one-hit wonder song, who let the dogs out by the little known Baha Men, but seriously. Who let the dogs out, because, over the last seven Super Bowls, they’ve been barking like you wouldn’t believe. The Underdog has brought home the bacon in five of the last seven Super Bowls.

While Matt Ryan and the Atlanta Falcons failed to cash in as a 3-point dog in last season’s memorable Super Bowl 51 second-half collapse against Tom Brady and the New England Patriots, Peyton Manning and the Denver Broncos did cover the chalk as a 5-point underdog in Super Bowl 50.

The Seattle Seahawks and Patriots were a Pick ‘Em the year before in Super Bowl 49, but underdogs covered the spread in each of the three previous Super Bowls.

Russell Wilson and the Seahawks cashed in as a 2.5-point dog by blowing the Broncos off the field 43-8 in Super Bowl 48 and San Francisco narrowly covered the chalk as a 4.5-point dog in their 34-31 Super Bowl 47 loss to Ray Lewis and the Baltimore Ravens.

Eli Manning may be in the news for all the wrong reasons lately (stupid Giants), but he led the Giants to a thrilling 21-17 win over Brady and the Pats in Super Bowl 46. However, Ben Roethlisberger and the Pittsburgh Steelers failed to cover the spread as a 3-point underdog in their 31-25 Super Bowl 45 loss to Aaron Rodgers and the Green Bay Packers almost seven years ago.

 

Underdog? I don’t think so

As a matter of fact, three of the last six underdogs have shown NFL bettors they should have never been underdogs in the first place – by winning outright!

Eli Manning and the G-Men hoisted the Vince Lombardi Trophy in Super Bowl 45 while Wilson and the Seahawks did likewise in Super Bowl 48 and Peyton Manning and the Broncos pulled off the feat two years later by ripping that ‘S’ off of Cam Newton’s chest in Super Bowl 50.

 

On Average

The last six underdogs have combined to average 29.1 points per game while the last six favorites have combined to average just 21.8 points per game, thanks mostly to Denver’s pitiful 8-point performance against Seattle in Super Bowl 48.

Here is a look at the last seven Super Bowl Betting results (underdog on the left):

  • LI (2017 Houston, TX): Atlanta Falcons 28 – New England Patriots 34
  • L (2016 Santa Clara, CA): Denver Broncos 24 – Carolina Panthers 10
  • XLIX (2015 Glendale, AZ): Seattle Seahawks 24 – New England Patriots 28
  • XLVIII (2014 East Rutherford, NJ): Seattle Seahawks 43 – Denver Broncos 8
  • XLVII (2013 New Orleans, LA): Baltimore Ravens 34 – San Francisco 49ers 31
  • XLVI (2012 Indianapolis, IN): New York Giants 21 – New England Patriots 17
  • XLV (2011 Arlington, TX): Pittsburgh Steelers 25 – Green Bay Packers 31
 

Super Bowl LII Information

  • Date: February 4, 2018
  • Stadium: U.S. Bank Stadium, Minneapolis, Minnesota
  • Network: NBC
  • Halftime Show: Justin Timberlake
 
 

 

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