Live betting is a great way to make multiple NFL picks for Sunday’s Super Bowl LVII matchup – if you follow these five helpful tips.
NFL fans from the Show Me State looking to make a wager on Super Bowl LVII be sure to check out our top-rated Missouri betting sites.
Kansas City Chiefs vs. Philadelphia Eagles
Sunday, February 12, 2023 – 06:30 PM EST at State Farm Stadium
Welcome to the wonderful world of live NFL betting.
Of all the innovations we’ve seen in the sports betting world over the past decade, live betting has to be at the top of the list; thanks to the power of the internet, you can bet on games while they’re in progress, with the NFL odds updated instantly in real-time so you can load up between plays.
This is like betting on Super Bowl props, only on steroids. Live betting gives you hundreds more ways to bet on Sunday’s Super Bowl LVII matchup between Kansas City and Philadelphia; with so many options at your fingertips, you might need a guide to help you through it all.
So here we are. Follow these five helpful tips for live betting Super Bowl LVII, and you’ll get the most bang for your buck at the Big Game.
1. Respect Your Environment
Where are you going to be this Sunday? Are you going to be at a Super Bowl party watching the game with friends and/or colleagues? Or will you be flying solo?
This makes all the difference in the world; if you’re at a party, you won’t be able to pay the Big Game the kind of close attention it requires for serious live betting success.
This is fine. Don’t cancel that party – you can still sprinkle in some fun live betting opportunities while the Super Bowl is in progress, but don’t be that one nerd in the corner who’s staring at their smartphone the whole time, trying to get a good price at the just right time before the NFL lines get refreshed.
2. Hammer Favorites While They’re Behind
We should call this the Tom Brady Rule. There will be times when a favored team gets off to a slow start, like Brady’s New England Patriots did so many times at the Big Game.
They didn’t always come back to win (as the Eagles can tell you), but when they did, live bettors cashed in handsomely on odds that were more forgiving than they were at the open.
Underdogs still have more betting value overall at the Super Bowl, but this is where live betting lets you jump into a game mid-stream and take advantage of the shifting betting dynamic. Use this power wisely.
3. Hedge Your Bets
It’s not easy finding arbitrage opportunities heading into Super Bowl Sunday.
But live betting changes all that; if you’re on Philadelphia at -1.5 right now, and you get the chance to bet Kansas City at, say, +7.5 during the Big Game, that might be as close to a solid “middle” as you’re going to get.
Choosing the right bet sizes to lock in arbitrage is easier when you’re dealing with Moneylines, so if you’re planning on doing some Super Bowl live betting, consider taking Philly now at (–120) on the NFL odds board at Bovada Sportsbook (visit our Bovada Review), or Kansas City (+105) at Bookmaker (visit our Bookmaker Review) if you prefer.
Then whip out the unerring BMR Hedging Calculator to see how much you should bet when the lines move mid-game.
4. Keep Track of Injuries/Suspensions
Changes in personnel give sharp bettors a chance to take advantage of the marketplace.
Let’s say Patrick Mahomes gets hurt during the first half and cannot return; casual bettors are likely to undervalue backup QB Chad Henne, moving the lines too far in Philadelphia’s direction and opening the door for you to pounce.
I’d normally say the same for Eagles QB Jalen Hurts, but he’s a more undervalued commodity than Mahomes, although backup Gardner Minshew is also better than Henne on paper.
Bet accordingly.
5. Keep Track of Your Bankroll
Bankroll management is the least sexy part about betting on the Super Bowl, but it’s more important than ever when you’re live betting.
You could easily fire off hundreds of bets during the Big Game and completely lose track of your account balance; a bad run of events could leave you wiped out before you even reach halftime.
This is yet another reason to stay at home and watch the game by yourself if you’re serious about betting on Super Bowl LVII.
But even if you’re going to socialize, you can prepare yourself ahead of time by sticking with a simplified game plan of wagering one unit of your bankroll on every NFL pick you do make.
Keep it simple, keep it fun, and you’ll be a Super Bowl live betting party machine, just like nature intended.
Make sure to check out these great Super Bowl betting sites for your 2023 NFL Championship betting needs.
*The line and/or odds on picks in this article might have moved since the content was commissioned. For updated line movements, visit BMR’s free betting odds product.
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