Michigan online sports betting launched just in time for the most wagered on event of the year, the 2021 Super Bowl.
With online sportsbooks up and running, Super Bowl LV on Feb. 7 in Tampa, Fla., provides the perfect opportunity for Michigan bettors to kick off betting in style. Unlike with March Madness and the retail sports betting launch in 2020, these bets will count.
The Tampa Bay Buccaneers play the Kansas City Chiefs for the Vince Lombardi Trophy. It’s already expected to be a close game, with oddsmakers giving about a field goal edge to KC.
Betting on the Super Bowl in Michigan can be both exciting and daunting. So we here at PlayMichigan wanted to give you a few tips and tricks to get started. Here are five things to know:
1. Best Super Bowl bonuses in Michigan
First of all, keep an eye on all sorts of Super Bowl-related promotions, odds boosts, and other specials Michigan’s 10 sportsbook apps load up on their sites. New customers and existing customers can usually find a boost or free bet.
Here’s are a few Super Bowl bonuses available in Michigan so far:
- For DraftKings Sportsbook, new users can double their money if there’s a touchdown — any touchdown (minimum $5 deposit).
- At FanDuel Sportsbook, they are offering a 55/1 odds boost for new users. A $5 max bet wins $275 on either team you choose. Use promo code FD SBK when you sign up.
- PointsBet Michigan offers all players a little Super Bowl insurance. PointsBet will refund any losing moneyline wager with up to $50 in free bets, so long as your team loses by a margin of 43 points or less.
Odds boosts and specials are common as well. Odds boosts function like promotions in that they take the odds you normally see and make them more favorable for winning bettors. You get more bang for your buck. Specials can include bets on Tom Brady and Patrick Mahomes completing X number of passing touchdowns.
William Hill, for example, includes a long list of specials for the Super Bowl including the following:
- Tom Brady Over 299.5 Passing Yards & Tyreek Hill To Score A Touchdown: +190
- Tom Brady Over 299.5 Passing Yards & Patrick Mahomes Over 299.5 Passing Yards: +200
- Patrick Mahomes Over 331.5 Passing Yards & Darrel Williams To Score A Touchdown: +450
The point is, be on the lookout in your sportsbook app for these bonuses and specials. The Super Bowl is where a sportsbook can really show off.
2. When can I place my Super Bowl bet?
This is a trick question, but in general, a Super Bowl bet can be placed anytime up until kickoff at 6:30 p.m. ET. This means you can get your bets in place right now and sit pretty waiting for Tom Brady and Patrick Mahomes to take the field.
A pre-game bet includes both traditional lines and prop bets of all sorts. Let’s start with the three most common bets.
- Moneyline: A wager on who will win.
- Point spread: A bet on the difference between a winning side and the losing side of an event.
- Total: The total points expected during the game. Also called over-unders.
Now, to see these odds in action, here are the current Super Bowl 55 odds between Tampa Bay and Kansas City:
You can wager on any of these odds anytime up until the big game on Sunday. Tampa Bay is considered the underdog in the Super Bowl, indicated by the plus sign before the moneyline. Kansas City is favored to win by more than 3 points at DraftKings, or 3.5 points at BetMGM Michigan. The total points are at or near 56.5.
3. Tons of prop bets at MI online sportsbooks
Prop bets are the fun side of Super Bowl betting. By this we mean that the big game usually has sportsbooks offering up a bevy of additional betting options for users — from the simple to the clever to the downright amusing.
And like the traditional bets listed above, you can bet on props anytime up until kickoff. Bets like the team to commit the first turnover, whether the game will go into overtime, and total yards of longest successful field goal are among the options.
Michigan allows several prop bets for the Super Bowl including (but not limited to):
- Player to score first points
- Player to score a touchdown
- Jersey number of first TD scorer
- Team with more penalties wins game
- Team to miss first field goal
- Defensive player with two or more interceptions?
- Player to score two or more touchdowns
- Will a player scored two or more touchdowns?
- Player to score three or more touchdowns
- Player to score a touchdown
- Will any player have 25 or more rushing attempts?
- Will a player score in both halves?
Can I bet on the Super Bowl coin toss in Michigan?
Yes, you can! The coin toss is a popular prop bet available at most regulated sportsbooks. It usually involves a simple question: Heads or tails?
BetMGM had it posted Monday afternoon, with -105 juice on both sides. FanDuel had it listed with just -103 juice on each.
4. Live betting on the Super Bowl
You can bet on the Super Bowl anytime up until kickoff, but live betting or in-game betting lets you place bets anytime during the game, too. You bet on the action as it unfolds.
When you visit an online sportsbook in Michigan right now, you won’t see any live bets available for the Super Bowl. But once the game starts, options will pop up with shifting odds. Those options include common wagers like the moneyline and total points.
But there can also be shifting odds for points scored during the first quarter or first half. Each book will have a variation of in-game bets at any given time.
5. Cashout option and same-game parlays
As you place your bets and watch the Super Bowl, be aware that sportsbooks give you the option to cash out early. However, not every bet is eligible for cashout.
At FanDuel, an icon located near a bet indicates whether that bet is available for early cash out. The cash-out value is displayed on your betslip, but once a bet is cashed out, it cannot be reversed. Almost every app in Michigan offers this option. Familiarize yourself with the sportsbook’s rules of play beforehand.
It’s a handy tool to use when you see or believe your active bet is going south. Or just want to close out early and concentrate on those nachos in front of you.
Same game parlays, however, are a relatively new option at online sportsbooks. A few books offer it including BetMGM, and FanDuel. A same-game parlay or SGP allows you to combine multiple bets from the same game in a single parlay. If one bet loses, the whole parlay is a loss.
For the Super Bowl, this gives you near limitless options. Not all bets are allowed to be included in a same game parlay, and the book will note which bet is which.
On FanDuel, the SGP tab at the top of the Super Bowl odds helps you figure out what bet is included and what’s not:
At BetMGM, an orange highlighted “One Game Parlay” button indicates that the game is eligible for SGP:
Knowing all of the above, are you ready for some football? Or, better yet, are you ready to bet on the 2021 Super Bowl?