Super Bowl betting sites: get the best offers from FanDuel, BetMGM, Caesars and more

With the NFL’s biggest game approaching, Chicago Tribune readers can review the best betting options for Super Bowl LVII. The biggest books in the country offer great odds on moneyline wagers, spread bets, parlays and player props.

Take a look at the best offers and get a preview of the game below.

• New customers only. Must be 21+. Welcome offer not available in NY & PA. Full T&C apply.

• New customers only. Must be 21+. Welcome offer not available in NY & PA. Full T&C apply.

• New customers only. Must be 21+. Welcome offer not available in NY & PA. Full T&C apply.

• 21+. New customers only. T&C apply

• New users only, 21+. Full T&C apply.

Super Bowl LVII, and by extension every Super Bowl, is one of the biggest events in sports betting. Online casinos, retail locations and all of the country’s sportsbooks are keyed in to the nuances of the NFL’s biggest games.

Any subtleties about injuries, any player advantages or any updated information will all be fleshed out in the days and hours before the country’s biggest sporting event.

With that in mind, take a look at some of the best offers from the biggest sportsbooks in the country before you place your wagers.

BetMGM currently offers new customers two different promotions depending on where they are located. The first is an evergreen offer that is valid in a variety of states, except Ohio.

Buckeye state bettors needn’t worry though as BetMGM has an exclusive offer there as part of the January, 1, 2023 launch of online gambling there.

The evergreen promotion gives new bettors a first bet offer of up to $1,000 back in bonus bets if their first wager doesn’t win. Similarly, the Ohio promotion is a first bet offer of the same amount, in bonus bets, for new customers.

Both of these offers are accessible with the bonus code TRIBUNEMGM. New users should review the additional terms and conditions before signing up.

These bonus bets need to be used within seven days of being awarded for both promotions, or they will expire.

Claim these offers for all your best bets on Super Bowl LVII.

FanDuel’s popularity has increased dramatically following its partnership with the NFL prior to the start of this regular season. The wide variety of markets and excellent welcome offer has also increased its popularity among sports bettors.

Currently, FanDuel offers new bettors up to $3,000 in bonus bets as part of the No Sweat First Bet promotion. This offer is available for all new customers and is accessible without a promo code.

These bonus bets must be used within 14 days or they will expire.

This is a great promotion for Super Bowl bettors whether you’re interested in player props, parlays or classic moneyline and spread bets.

Caesars Sportsbook has one of the most robust offers around as their welcome bonus amount, $1,250, is higher than most sportsbooks’ and bettors get an additional 1,000 Reward Credits and 1,000 Tier Credits that can be used for casino and sportsbook betting.

Currently, the evergreen offer from Caesars Sportsbook is a sign up amount of up to $1,250 in bonus bets, 1,000 Reward Credits and 1,000 Tier Credits. This promotion is redeemable using the promo code TRIBUNEFULL.

Additionally, Caesars Sportsbook currently has an exclusive promotion for Ohio bettors. Buckeye state bettors can get up to $1,500 in bonus bets using the code TRIBUNE1BET.

The bonus bets from the evergreen offer should be used in at least seven days or being awarded, or they will expire. Similarly, the bonus bets from the Ohio offer will expire 14 days after being awarded.

Caesars Sportsbook’s promotions give bettors a great option for betting on Super Bowl LVII.

After an exciting and somewhat unexpected NFL season, Super Bowl LVII is finally here. While some teams underperformed this season, the Broncos and Rams were both expected to be contenders but both failed to make it to the postseason, the Eagles and Chiefs appeared to be locked in from the start.

The Eagles came out scorching, winning their first seven games before dropping to the Commanders. Despite that loss, they won another five in a row after that and finished with a regular season record of 14-3.

The Chiefs played well the majority of the season, averaging the most points per game of any team in the league. Mahomes was superb, putting up more than 5,200 yards and 40 touchdowns in the regular season.

Coming into the playoffs, both teams were tested by solid opponents with the Eagles squaring off against the Giants and 49ers, wining both games easily, and the Chiefs beating out the Jaguars in the Divisional Round before squeaking by the Bengals in the AFC Conference Championship.

A huge factor in this one will be the Mahomes ankle injury. He sustained a high ankle sprain against the Jaguars but continued to play, and played well.

He’s obviously a very mobile quarterback so an ankle injury like that has the potential to slow down his game dramatically.

The Eagles have been one of the most impressive defensive teams this year, allowing the second fewest total yards and the fewest passing yards of any team. They also had the fifth highest takeaways during the regular season as they were able to shut down receivers on the edge and force quarterbacks into bad decisions.

The crux of the Philly defense, though, was the defensive line and the pressure on the passer. The Eagles recorded an astounding 68 sacks during the regular season, finding a way to pressure quarterbacks in virtually every defensive set.

The Philly offense is nothing to scoff at either as they put up the third highest total yards and points on average. Jalen Hurts has been excellent, putting up over 3,700 yards passing and 760 yards rushing with 22 scores through the air and 13 on the ground.

He’s proved that he is an effective mobile passer and a threat with his arm or his legs.

The line movement on this one has been interesting.

The Chiefs opened as two point favorites before the line moved in favor of the Eagles. At the time of this writing, Philly is a one and a half point favorite with the O/U at 50.5.

That total seems a bit high. Despite how good these offenses were in the regular season, the Super Bowl is an entirely different animal.

Look for an under bet here as both defenses will be locked in.

For player props, look for Travis Kelce and Dallas Goedert to each put up some solid numbers and a score a piece. Hurts and Mahomes have been relying on the big guys in critical situations and this game is no different.

Overall, back the Birds here as the injury will hamper Mahomes in the pocket and the Philly defense will keep him from getting comfortable.

Unfortunately, online sports betting is not legal in every U.S. state. In 2018, the Supreme Court ruled in Murphy vs. NCAA that state laws prohibiting online gambling were illegal and as such, kicked regulation down to the state level.

Since then, several states have legalized online gambling with certain caveats or specifics. Many states have barred player props on collegiate betting or limited collegiate betting to out of state teams only.

In regards to professional sports betting, the table below details which states have gambling and in what context, be it retail or online.

The states that are listed as having legal online gambling also have several retail locations. For the states that simply have “Retail” listed, that means bettors are required to go to a casino or sportsbook to place a wager.

A moneyline bet is among the most common professional sports bets, and is especially common for NFL betting as the outcome of most football games is much easier to determine. Betting the moneyline is a bet on the outcome of the game.

For Super Bowl LVII, the Eagles are narrow favorites due, in part to Mahomes’ ankle injury. As displayed below, the moneyline odds on the Eagles is -118 which means a bettor would need to wager $118 to win $100. Conversely, since the Chiefs are +100, a bettor could win that much with a $100 bet.

Spread bets are very common among football bettors, as NFL games are easier to predict that other major sports like the NBA or even the MLB. A spread wager is a bet on the amount of points between the two teams, betting on a team to cover the spread doesn’t mean the bettor thinks that team will win but rather that they will win or lose by more than the expected amount by sportsbooks.

For example, in Super Bowl LVII the spread is -1.5 in favor of the Eagles. A bet on the Chiefs to cover means that a bettor is wagering that the Chiefs will lose by one point. Conversely, a wager on the Eagles to cover the spread means the bettor is putting money on the Eagles to win by more at least two points.

Given how narrow the spread is in the big game and how evenly matched both teams are, a wager of this nature doesn’t make much sense unless bettors are very confident in the Eagles.

A totals bet, sometimes referred to as an over/under bet, is a wager on the total amount of points scored in a game. Rather than a wager on the difference between each team’s points or the outcome in general, a totals bet is wager on the complete number of points scored by both teams.

Totals bets are very common in football betting because the score is relatively uniform and often predictable.

Traditionally, totals bets were exclusively on the outcome of the game, but with innovations in sports betting you can bet on yards totals, touchdowns scored and more. These type of totals are somewhat similar to player props but presented as simple over/under bets.

There is also betting on quarter or half totals now. Bettors can wager on the total points scored in one quarter or one half and double down to increase their winnings.

Parlays are becoming increasingly common as several sportsbooks offer parlay insurance on different sports. A parlay wager essentially combines multiple bets, which increases the risk, for potentially a larger payout.

Each individual bet within a parlay is called a leg, many sportsbooks offer parlay insurance on bets with three legs or more where bettors can recoup their stake if they hit on some of their legs but not all of them.

Naturally, the more legs to a parlay bet, the more risk and the bigger the potential payout.

Despite the increasing popularity, parlays are still incredibly risky and are not recommended for novice bettors.

Proposition bets are also becoming increasingly popular among younger bettors. A proposition bet, or prop bet, is more specific and detailed than the above bets.

Where a moneyline, spread or totals bet focusing on the outcome of the game, or the game in general, a prop bet focuses on the statistics of a specific player.

For example, in the big game, a common prop bet focuses on how many yards Patrick Mahomes will run for. Since his ankle injury he’s naturally been less mobile, so the yard total for a potential player prop on Mahomes is set low.

Another potential player prop for Super Bowl LVII may be on Travis Kelce catching at least one touchdown. There are dozens of different player props offered for every game and this one is no different in that respect.

If you’re feeling confident about a player, take a stab a prop bet for the big game.

Futures are much more common at the start of the season. Bettors can place future bets on virtually any event.

Essentially a future bet is a wager on the outcome of an event that will be determined later, often at the end of the season.

It can be on a team to win their division, the conference championship or the Super Bowl. It could also be on a specific player to win the MVP or pass for the most yards that season.

At the start of every season, sportsbook will release odds on every team’s chances to make or win the Super Bowl. This year, the Chiefs had solid odds to make it this far.

A future bet can be very exciting but requires a bettor to have plenty of capital to spare, as your wager often takes weeks or even months to pay out. Futures can be influenced by a variety of factors and as such can be risky.

Often the odds on futures are very favorable so some bettors will place a small futures bet on their favorite team at the start of the season and if it pays out, you could win big.

That’s a tough question as it depends on what you’re looking for. Overall, the most straightforward bet is always the moneyline or the spread.

The bets with the highest potential payout are almost always parlays, however the increased risk from parlays is often not worth it for novice bettors.

Player props are another excellent way to boost your winnings. Props are not always predictable but they in big games like this one, you can often count on the familiar names to show out. Travis Kelce and Dallas Goedert have played very well throughout the postseason and are each slated for big games.

Overall, betting on the Super Bowl, or any other big game, comes down to statistics and luck. No matter how much you research your Super Bowl parlay, a little luck is always needed to come out a winner.

In short, if it’s legal to bet on sports in your state, then it’s legal to bet on the Super Bowl. Some states have specific restrictions around collegiate betting but all the states that allow online sports betting permit betting on the NFL.