However, that’s usually not going to be reflected in the actual odds, which typically hover around -105 as opposed to the +100 you’d get if the sportsbooks who set them weren’t trying to make some money of their own. I don’t know who needs to be told this, but this bet is both figuratively and literally a coin toss your odds of correctly calling heads or tails winning are 50/50. One of the most popular bets Super Bowl Sunday has to offer is also the one that requires the least amount of football knowledge: the opening coin toss.
Luckily for you, we put together a guide to some of the most popular (and lucrative) options out there along with some insight into how things may play out. While there’s nothing wrong with betting on a team to cover or hammering the over, I’d argue that if you wager on the Super Bowl without placing at least one prop bet, you didn’t really wager on the Super Bowl at all. Sure, it can be fun to try your luck by buying some boxes in an office pool or at a Super Bowl party, but thanks to the number of states that have legalized sports betting in recent years, it’s now easier than ever to get in on the action (and have a way to soften the blow when the person who tells everyone to shut up when the commercials come on inevitably hits the final score jackpot).