The Kansas City Chiefs and Philadelphia Eagles are ready to kick off Super Bowl LVII, and millions of sports fans have already placed their bets!
The American Gaming Association (AGA) is expecting Super Bowl 57 to generate 61% more bets than Super Bowl 56. According to estimates by the AGA, a record 50.4 million people in the United States will wager on the game Sunday. It was projected that a total of $1 billion will be wagered on the event. That’s an average of around $20 per bettor.
Michigan sports bettors are projected to make up about $50-$55 million of the total $1 billion handle in the US for Sunday’s game. Last year, Michigan sports betting operators brought in a total handle of $50 million when Matt Stafford, prior Lions QB, led the Los Angeles Rams to victory.
For first-time Super Bowl bettors, we have all the details to ensure a great time.
How to Wager on the Game?
If it’s your first time wagering on the Super Bowl or any sporting event for that matter, we have you covered. If you are within Michigan state lines and over the legal sports betting age of 21, you can wager on the Super Bowl at an in-person sportsbook or one of Michigan’s fifteen online sportsbooks. We won’t cover what sportsbooks we recommend in this blog, but you can visit our sportsbooks page to find one that best fits your needs.
Some of the most common types of wagers involve betting on the outcome of the game itself. There are numerous options, but some of the most popular include wagering on the total score of the game or wagering on one team covering a preestablished spread.
For the big game, the total is set at 51 points for many sportsbooks, meaning you would place a bet on whether the total combined score from both teams will be over or under 51. The Philadelphia Eagles are 1.5-point favorites, meaning they’re expected to win the game by just 1.5 points or less. You would either place a bet agreeing with this, or you would place a bet predicting Kansas City will cover the 1.5-point spread and win the game. The moneyline is another common form of sports betting that involves placing your bet on the winner.
DraftKings currently has the over and under set to -110 and the spread to -110 for both teams. The moneyline is Kansas City (+105) and Philadelphia (-125).
Some players have the most fun wagering on prop bets. This style of betting is unique and gives players the ability to wager on things like the coin toss, the first player to score a touchdown, or the first team to score a field goal. You can also wager on the player props if you are feeling hopeful about the performance of a particular player. These are all forms of legal prop bets.
Illegal sportsbooks, bookies, and out-of-state sportsbooks offer even more prop options, like the color of the Gatorade the winning team will use to dump on the head coach or the length of the halftime show. It’s important to note that in Michigan, it’s illegal to participate in many of these types of wagers. It’s also illegal to gamble on negative outcome propositions, like the chance a player will be injured, thrown out of a game, or even penalty outcomes.
The Michigan Gaming Control Board is encouraging players to stick to sites regulated by the MGCB, to help protect their hard-earned money.
“If you share personal information with an unregulated gambling site, there are no guarantees your information won’t be sold to or used by criminals,” said MGCB Executive Director, Henry Williams during a press release. “Identity theft is the most common complaint received by the Federal Trade Commission. In 2020, 1.3 million identity theft reports were made in the U.S., including more than 24,000 cases of identity theft reported in Michigan. Unlike regulated gambling, there is no mechanism for the MGCB to handle a patron dispute with an unregulated, offshore gambling site. Our agency does not have the authority to pursue a dispute with an unregulated site.”
Mac Daniel is a Michigan native and freelance writer for PlayOnlineCasino and PlayOnlineSportsBetting. He has experience writing about a wide variety of topics, including healthcare, tourism, non-profit organizations, and most recently casino and sportsbetting news. To check out more of his work, visit: playonlinemichigan.com