How to bet Current Super Bowl Odds
Many sports bettors might not know how online bookie agents are turning a profit via futures betting.
After all, there are no payouts or collections on future events until those future events have completed.
Just because the collections and payouts are later, it doesn’t mean bookies won’t collect mass amounts of profit from future bets.
Check out current Super Bowl 52 future bet odds. Then, keep reading to find out how bookies are ensuring profit.
NFL Super Bowl Futures: Updated Odds
New England Patriots +310
Philadelphia Eagles +400
Pittsburgh Steelers +600
New Orleans Saints +800
Minnesota Vikings +1200
Seattle Seahawks +1400
L.A. Rams +1600
The odds imply that only 4 teams have an excellent shot of winning Super Bowl 52. New Orleans, Philadelphia, Pittsburgh, and the favorite, New England, all offer less than double-digit odds.
The Vikings, Seahawks, and Rams offer the next set of double-digit odds.
Although not listed, odds for teams that haven’t yet been eliminated from the playoffs are also offered.
The odds go up incrementally so that the team with the least chance of making the playoffs offers the highest Super Bowl 52 odds.
How can bookmakers ensure profit on Super Bowl futures? By setting max betting limits.
Max Betting Limits Stagger Method
A great way that agents ensure profit is to stagger max betting limits. For example, agents could set max betting limits like such:
New England Patriots +310
$200 max betting limit
Philadelphia Eagles +400
$200 max betting limit
Pittsburgh Steelers +600
$200 max betting limit
New Orleans Saints +800
$200 max betting limit
Minnesota Vikings +1200
$150 max betting limit
Seattle Seahawks +1400
$150 max betting limits
L.A. Rams +1600
$150 max betting limits
With this method, per head agents stagger down as the odds go up. For any NFL team offering +2000 odds or higher, agents might set a max betting limit of $100.
Odds of +2500 to +2900 might ensure a max betting limit of $75. Odds of +3000 might ensure a max betting limit of $50.
By staggering max betting limit odds, bookies control potential future payouts. The ultimate fail-safe kicks for agents by setting total max-betting limits on each future proposition.
See It In Play
New England Patriots +310
Total Max Betting Limit: $3,000
What this means is that the bookie won’t accept a single dollar more than $3,000 in total bets on the New England Patriots to win Super Bowl 52.
At a $200 limit, this requires 15 separate players to bet the limit on the Patriots to win Super Bowl 52.
If the Patriots do win Super Bowl 52, the total profit paid out to those players is $9,300. The bookies’ hope is, like using his or her layoff account, at least $3,000 has been placed on other teams offering Super Bowl 52 odds.
In most future event situations, this is going to be the case. Bookies want players to make future bets. Only one proposition from a myriad of future event propositions will ever be the winner.
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