ByTim Heaney

Feb 8, 2024

2024 Super Bowl Betting Guide: How To Bet On Super Bowl 58

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The 2023-2024 NFL betting season concludes — fittingly, in Las Vegas — with Super Bowl 58 on Sunday. The marquee matchup will feature the San Francisco 49ers and the Kansas City Chiefs, who also won last year’s Big Game and have reached four of the last five NFL Championship Games.

At the approximate Super Bowl kickoff time of 6:40 p.m. ET, the Las Vegas Raiders’ Allegiant Stadium will host a rematch of Super Bowl 54. In 2020, Chiefs head coach Andy Reid and quarterback Patrick Mahomes won their first Super Bowl together by defeating the 49ers.

This year presents a reversed script, though: Super Bowl odds favor the NFC’s No. 1-seeded 49ers, who won seven of their last nine regular-season games before defending their homefield advantage in the postseason, albeit in tough games versus the Green Bay Packers and Detroit Lions.

The Chiefs, meanwhile, endured a rougher road as the third seed in the AFC, but the defending Lombardi Trophy winners dispatched the Miami Dolphins, Buffalo Bills, and Baltimore Ravens to earn a fourth trip to The Big Game in five seasons.

The amount of wagers that Super Bowl sportsbooks offer will again prove dizzying. Let us at The Game Day guide you through the best sportsbook promos, betting tips, and SB 58 betting lines.

Super Bowl 58 Betting Odds For 49ers-Chiefs

Early Super Bowl 58 sports betting markets peg the 49ers as favorites, though many sportsbooks have swung lines toward making the Chiefs a value bet.

Best Super Bowl Betting Picks

The Game Day’s resident Super Bowl betting experts gathered their best tips and strategies to use when laying your money down on The Big Game:

How To Bet On Super Bowl 58

From newbies to experienced players, anyone betting on the Super Bowl should first take time for a lesson or fresher on the different bet types and the strategies behind them.

Betting on the Super Bowl Moneyline

To begin learning how to bet ahead of The Big Game, start with the simple winner or loser pick.

Playing the Super Bowl 58 moneyline is the most basic way to bet on the NFL’s final game of the season.

Simply bet on the winning team, either the 49ers or Chiefs. If your squad winds up victorious, you win. If the team loses, so does your wager.

Opening Super Bowl Moneyline Odds

DraftKings’ straight bet lines for the Super Bowl opened with favorite San Francisco (-155) and underdog Kansas City (+130).

Betting on the Super Bowl Spread

New to this hobby and wondering how spread betting works? Betting against the spread (ATS) is one of the most popular ways to wager on sports because it offers an additional way to win beyond the straight moneyline.

You can bet on a team losing by a certain given amount of points; even if they lose but have a margin of defeat within your number, you win.

The favorite will be listed with a “minus" spread, which means that squad is “taking" points that they must cover. The underdog will be listed with a “plus" spread, to note that team will be given points, meaning they cannot lose by more than the nearest whole number above or equal to their amount of points.

Opening Super Bowl Odds ATS

DraftKings’ spread for Super Bowl 58 started with the 49ers favored at -2.5, and the Chiefs conversely listed at +2.5.

Betting on the Super Bowl Over/Under Total

If you want another bet or care to ignore wagering on the result, you can make a ticket for the Super Bowl Over/Under.

Wager whether the total points scored between both teams will finish higher or lower than the figure given by the sportsbook.

Opening Super Bowl Over/Under Total Odds

The Super Bowl 58 Total opened at 49 points. If you can nab a total that’s a whole number, you can at least get a push (your stake returned to you) if you match it.

Betting Super Bowl Props

Arguably the fastest-growing bet type are prop bets — short for proposition bets — which allow us to bet on many facets of the game. The most popular bet markets for props involve player performance and other game elements (first-half spreads, etc.).

The endless parade of Super Bowl props give plenty of chances to bet on just about anything revolving around The Big Game.

Super Bowl Player Props

A player prop typically involves betting on a particular competitor’s statistical output in a game.

For example, a popular prop will be Travis Kelce’s receiving yards over or under a certain total.

Super Bowl TD Props

Betting on a player to score a touchdown will remain one of the most bet-on markets for this game.

The most common bet is Anytime TD, meaning you’ll win if the Super Bowl player will score at any point during the game. A more difficult wager — and, in turn, offering longer odds — would mark a wager on First TD Scorer, Last TD Scorer, or multiple TD scorers (2+ TD, 3+ TD).

Super Bowl Game Props

Bet on more SB58 prop categories, including first-half spreads; what jersey number will score the first touchdown; and other team- and stat-based benchmarks.

Super Bowl Exotic Props

Maybe the most fun activity for betting on the Super Bowl involves placing bets on exotic props — or novelty props.

Many of the most popular markets available include the Super Bowl Gatorade Bath Color for the winning team; the pregame Coin Toss bets (heads or tails, plus the winning team); and National Anthem length props (though these are only available in Canada unless the sportsbook pairs it with a game-centered market).

For Super Bowl 58, though, we’ve entered a new era of prop betting:

Super Bowl Taylor Swift Props

Kelce’s famous significant other will likely attend Super Bowl 58, despite performing concerts in Tokyo the days before. Arguably the most popular pop music star going following her successful “Eras Tour," Swift would attend the game in a luxury box to support the Chiefs tight end and his teammates.

Sportsbooks are capitalizing on her likely presence by giving Swiftie-themed names to many player prop bets.

For instance, DraftKings Taylor Swift props list many song- and album-inspired props, including the “Shake It Off" prop: 49ers Score First, Chiefs Win (+350).

Super Bowl Halftime Show Props

U.S. bettors can’t write a ticket for Usher’s extravaganza unless bets are paired with in-game action.

Regardless, we broke down Super Bowl Usher Halftime Show predictions in case you want to tell your friends and family to Watch This when you guess the first song correctly.

Betting Super Bowl Parlays

Another one of the most popular tickets to place is a parlay. This more advanced wager requires you to place two or more bets on a single ticket — and every “leg," or step in the overall bet, must hit for you to win.

Of course, the higher the risk, the higher the reward, though if you have the funds available, placing a Super Bowl parlay bet could add more fun to your Sunday.

Top 2024 Super Bowl Promos & Bonuses

With the annual increased interest in wagering on the game, online sportsbooks bring out some of their best sportsbook promotions for the Super Bowl.

Knowing which offers to claim and use could provide the best Super Bowl betting experience for bettors of all experience levels.

2024 Super Bowl Betting Promo Codes

One of the ways to maximize the return on your Super Bowl picks promotional offers the top sportsbooks will provide on the busiest action day of the year.

Here’s a list of The Game Day’s top Super Bowl bonus codes:

BetMGM Super Bowl Promo Code

Our exclusive BetMGM bonus code GAMEDAY offers new users $158 in bonus bets for their first wager of $5 for San Francisco vs. Kansas City.

Click here to download BetMGM’s mobile app or visit them on Desktop. Then, go to Register Now, enter your personal information, deposit at least $5, and start betting.

Fanatics Super Bowl Promo Code

One of the world’s biggest sports apparel companies, Fanatics, has launched its sports betting platform. Fanatics Sportsbook is active in Connecticut, Ohio, Massachusetts, Maryland, Tennessee, Colorado, Virginia, West Virginia and Kentucky.

Sign up today for the Fanatics Super Bowl promo and you’ll get up to $1,000 in bonus bets. Just bet $100 each day for 10 days and you’ll get $1,000 in bonus bets - win or lose. (You can bet a minimum of $5 to qualify for the matching bets.)

bet365 Super Bowl Promo Code

The UK-based operator continues to thrive in the United States and offers a whopping $2,150 in available betting bonuses for The Game Day’s bet365 Super Bowl promo.

With the code GAMEDAY, new players can sign up to bet365 and choose their preferred reward: (1) “Bet $5, Get $150 in Bonus Bets” or (2) “First Bet Safety Net Bonus For $2000."

Sign up with bet365 bonus code GAMEDAY make a bet of at least $5 on any of your favorite sport, and when the game is over, you will get $150 deposited back into your bet 365 account. Nothing like starting a new bankroll with on-the-house funds.

Caesars Super Bowl Promo Code

With promotional code GAMEDAY1000, new Caesars Sportsbook players can land a deal: If your first cash bet loses, you’ll get it back as a bonus bet up to $1,000.

Claim this Caesars Super Bowl promo: Get your first bet back by clicking here to sign up for Caesars.

DraftKings Super Bowl Promo Code

The DraftKings Big Game betting promo rewards $200 in bonus bets. Just bet $5, and you get $150 in bonus bets instantly.

No code required: Just go here to claim the offer before SF-KC kickoff.

FanDuel Super Bowl Promo Code

New FanDuel players who sign up before the big Sunday event will get our exclusive offer — no promotional code required.

Want to start betting at FanDuel for SF vs. KC? Sign up for the FanDuel Super Bowl promo and deposit $10+. Then, place at least a $5 bet on that matchup. If that wager wins, you’ll receive $200 in bonus bets.

Super Bowl 58 Contests & Fantasy Games

Super Bowl Squares Contests

Super Bowl Box Pool

Super Bowl squares offer more ways to play pools for the Super Bowl. A squares box has 100 blank spots, representing all possible numbers at the end of a team’s score from 0-9.

Super Bowl Squares Betting

Many betting outlets also now offer Super Bowl squares sportsbook contests, where you can wager on a square with correlated odds befitting the odds of the pair of numbers hitting.

Super Bowl DFS & Player Stat Picks

  • Sleeper Picks DFS: Get up to $100 free match on your first deposit with the code GAMEDAY.
  • Underdog Fantasy & DFS: Get up to a $100 free match on your first deposit. Draft a team in their lobby or build a Pick ‘Em ticket to multiply your chances to win.
Promo TypeNew User Promo
SportsBookDraftKings Sportsbook
How to EnterSign Up & Bet On Super Bowl 56
Promo CodeNone Needed

Author

Tim Heaney

Before joining The Game Day, Tim spent more than a decade in the fantasy sports and betting industry. Having written for ESPN, RotoWire, and USA TODAY, Tim earned an FSWA award nomination for Best MLB Print Article and multiple Top-5 finishes in fantasy baseball rankings contests. Tim has competed in Tout Wars (1 championship), LABR, Scott Fish Bowl, NFBC/NFFC, TGFBI, and RazzBowl (recent 4th-overall finish out of 200+). Drop him a line about TV, music, craft beer & pro wrestling.

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