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2024 Super Bowl LVIII Live Betting Tips for Rookies: A Whole New World

LAS VEGAS, NEVADA - FEBRUARY 05: A general view of the field during Super Bowl LVIII Opening Night at Allegiant Stadium on February 05, 2024 in Las Vegas, Nevada. Ethan Miller/Getty Images/AFP (Photo by Ethan Miller / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

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Live betting is one of the best things that’s ever happened to football. Being able to bet on games while they’re in progress? Fantastic. Betting on the outcome of not just the full game, the half or the quarter, but the very next play as well? Now we’re cooking with gas.

The temperature’s about to go up this Sunday. Thanks to the latest technological advances, many online sportsbooks will be offering their first-ever live Super Bowl props for the Big Game between Kansas City and San Francisco. This will almost certainly push Super Bowl LVIII props over the top, making them the No. 1 way to bet on the biggest game of the year.

Don’t worry, point spread fans: There’s still a giant pool of casuals waiting to throw their money at the Super Bowl, probably at Kansas City as 2-point underdogs on the NFL odds board at Caesars Sportsbook (check our Caesars Sportsbook Review). But they’ll also be pouring into the live betting market. Here are three very important tips to help you make the most out of it this Sunday.

1. Separate Your Work Bets From Your Fun Bets

All your Super Bowl bets should be fun, of course, but if you’re also trying to make a buck, be careful with those “exotic” wagers you’ll find on the live Super Bowl props market. True, you’ll usually find higher profit margins with props than you will with NFL point spreads, moneylines and totals, but some props are more exotic than others. As a general rule, the further away you get from actual football, the less you should bet.

This goes double when you’re just starting out. If you’re interested in NFL live betting, it’s probably because you know something about football, and you want to put that knowledge to good use. But how much do you know about Taylor Swift? If it’s a lot, then yes, check out those live Taylor Swift props – there will be dozens for this year’s Big Game – and see if you can find a bargain price. Otherwise, place those non-football exotics for entertainment purposes only.

2. Don’t Overload Yourself

With literally thousands of different ways to bet live on Super Bowl LVIII, it’s all too easy to tackle more bets than you can handle. If you’re in the middle of the game and you’re betting live on who will cover the spread, that’s one thing – you can still use the handicapping you did pre-game to inform your wagers. If you’re trying to bet on the outcome of each play, you’ll put yourself in danger of information overload.

This is when you’ll be most likely to make a big mistake. Try to spin too many plates at once, and they’ll all come crashing down; protect yourself from this by planning ahead of time to make a certain maximum number of live bets. Again, if you stick to your areas of expertise, you’ll be less likely to suffer a brain cramp and press the wrong button with your smartphone, tablet or mouse.

3. Don’t Spoil The Party

Are you going to watch the Super Bowl with friends and/or family this Sunday? Then don’t spend the whole night staring at your phone, and cursing the skies every time your bet fails to cash in. It’s even easier with live betting to lose focus on the most important part of a Super Bowl party: your loved ones.

This is where our first two tips become even more important. You might be one of several people at your event this Sunday getting in on the live Super Bowl betting action; this means you and your cohort will have plenty to talk about, which is great for socializing – as long as your attention isn’t split between them and your phone.

Even if you’re watching the Big Game by yourself, it’s still a party. You love football, right? Don’t ruin Super Bowl Sunday by putting too much emphasis on making money. You’ll have more mental bandwidth for live betting if you’re flying solo, but as they say, if you’re not having fun betting on football, you’re doing it wrong.

One last bonus tip for Super Bowl live betting noobs: Make sure to check out all the informative articles here at OddsTrader. Our panel of experts will show you all the ins and outs of NFL betting, and they’ll help point you in the right direction for Super Bowl LVIII and beyond. Good hunting!

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