It’s Super Bowl Sunday and you’re looking to get a little action on the game. But placing those Big Game bets with so many betting options can be a bit overwhelming.
It’s pretty simple to get started, and you don’t have to bet big on the game, either. Minimum bets at online sportsbooks are as little as $1 (sometimes even lower), so don’t feel like this is a rich man’s game.
We’re going to show you how to bet $20 on Super Bowl 56 to make watching the Bengals vs. Rams in the Big Game even more fun.
Bet $5 on a Super Bowl same-game parlay
Same-game parlays are all the rage these days as they allow bettors to wager a little for the chance to win a lot. Sure, it’s probably a long shot, but you never know.
A same-game parlay is simply when you have multiple selections from the same game, and all of them have to win for you to win your parlay.
For example, you might bet the Bengals to win along with Joe Burrow to run for a touchdown and the longest field goal to be longer than 45.5 yards. In a parlay, every selection has to come true for you to win – even if one is wrong, you lose the entire bet. But when you’re right, your payout is multiplied.
Traditionally, same-game parlays were not allowed by sportsbooks as there are correlations. For example, if the Bengals win, it’s more likely that Burrow runs for a touchdown and vice-versa, so that impacts the odds. However, they now allow these bets, and they’re super popular.
Scan the board and build your own same-game parlay. A $5 bet can pay out huge if you have enough selections in there – and they come to fruition.
Bet $10 on your best Super Bowl bet
If you’re breaking up your $20 into multiple selections, it’s best you take $10 and put it on your best bet.
Think of this as a portfolio: You have a few risky dart throws, but you also want something that represents a blue chip.
In the case of the Super Bowl, put $10 on your best bet. What’s your best bet going to be? That’s up to you, but make it a single selection. Do your homework, evaluate the matchup and study the trends.
Crunch the numbers and then determine what’s your one, best bet. Is it the Bengals to win outright? The Rams to win on an alternate point spread at -6.5? Is there value betting the over or under? Figure out what your best bet is and get $10 on it.
That way, if you win this bet but lose your other two $5 ones, you’re probably close to break even or maybe even still profit depending on what you bet on. And if you’re asking us, the Bengals on the moneyline looks like a juicy proposition.
Bet $5 on the best Super Bowl prop
One of the coolest aspects of the Super Bowl is that the oddsmakers really go all out in terms of props for the Big Game. That means you’ll be able to bet on almost every aspect of the game from various player stats to team performances and much more.
If you’re not familiar with props, think of them as bets relating to various stat categories. Oftentimes with betting, you’re deciding who is going to win the game. But with props, that’s not really relevant. All you’re trying to determine is who is going to perform well or poorly during the game.
Some examples of props might be Joe Burrow over/under 274.5 passing yards. Will he throw for more or less than that mark? Will Cam Akers score a touchdown? What will be the result of the coin toss? Unfortunately, in New York, wagering on the MVP is off-limits.
There are all sorts of options from will there be a score in the final two minutes of the first half to how many combined touchdowns there will be in the game to whether any wide receiver will surpass the 100-yard mark.
If you’re looking for a prop that we like, it’s the ‘No’ on ‘Will the Rams score a rushing touchdown?’ The Rams finished the year tied for 30th in rushing touchdowns as they had just 10 of them on the season. They’re a pass-first team, and they still focus on the pass in the red zone – even in those tight quarters.
In the Super Bowl, they’re going up against a Bengals run defense that was fifth-best in terms of run defense, allowing 102.5 rushing yards per game. They’re tough to run on. That being the case, the Rams NOT to score a rushing touchdown could be a good value play at +140.
Take advantage of a deposit bonus
If you’re new to online sports betting in New York, you might not be aware that every company out there offers you a welcome bonus.
When you open an account and make a deposit, you’re going to get some kind of sweetener to boost your bankroll. If you’re betting on the Super Bowl, make sure you take advantage of that.
Many sportsbooks will offer you a 100% deposit bonus or some kind of risk-free bet. So, if you deposit $20, they’ll give you $20 in free bet credits or maybe a $20 risk-free bet. It doesn’t cost you anything but it can raise your bottom line. You might as well take advantage of these juicy offers as they won’t be around forever.
Just be sure to be vigilant and read the fine print for each Super Bowl promotion.
Take advantage Of various other Super Bowl bonuses
Sportsbooks always offer a welcome bonus, but one thing that’s not always around are these generous Super Bowl offers. You might see various contests or odds boosts or promos that you can participate in.
It’s the biggest day of the sports betting year, so the sportsbooks roll out the red carpet.
For example, if the Cincinnati Bengals or Los Angeles Rams score at least one touchdown (yes, it’s a very obvious bet), you’ll get 20 times your money at BetMGM. A $10 bet will pay $200. Take a look at the details to see if you qualify.
Some other competitors like FanDuel and DraftKings will have similar offers for new customers, and then they also have odds boosts where if you bet specific things, they’ll boost your payout if it wins.
There are a lot of incentives at this time of year, so if you’re looking for ways to maximize your money, make sure you take advantage of these.