Super Bowl Sunday is unlike any other day in sports. The game itself is only one part of the overall event. There is a star-studded half-time show, those multimillion-dollar ads and the national anthem. All that extravaganza happens on a cold, winter Sunday.
To top it all off, bettors in Colorado have the opportunity to wager on the big game. Due to law changes, CO bettors will be able to wager on the 2021 Super Bowl.
You’ll find everything you need to enjoy betting on the Super Bowl in Colorado on this page. We cover the best Super Bowl betting sites operating in Colorado along with the bonus offers you can expect to receive when you join.
Also, we explain the full range of Super Bowl bets available, including some entertaining prop bets.
Think you have a good handle on which NFL team is going to win the next Super Bowl? You don’t have to wait for the next edition of the Big Game to weigh in from a betting perspective.
That’s thanks to the futures market, an incredibly active segment of the sports betting landscape which continues to grow by leaps and bounds.
As the name implies, futures are wagers you can place on something that will happen at a later date. For NFL purposes, there are futures markets for things such as team regular season win totals, winners of the individual player awards, and division and league champions.
The Super Bowl is perhaps the biggest attraction when it comes to futures, and it’s really simple for you to get involved. Let’s take a look.
As the futures market currently sees it, the defending Super Bowl champion Kansas City Chiefs are among the favorites to take down Super Bowl LV.
Other teams seeing a good deal of betting action include the Baltimore Ravens, led by reigning MVP Lamar Jackson, and the Tampa Bay Buccaneers, fresh off of their free agent signing of Tom Brady.
Here’s what the odds board looks like for each of the league’s 32 teams.
Super Bowl futures offer bettors the opportunity to bet on the winner of the next NFL champion at virtually anytime. Odds are released for each of the league’s teams in the offseason, and the market stays active from that point through the playoffs.
One of the great things about betting in the futures market is that you can take either a passive or an active approach. For the former, there are bettors who will pace their wagers soon after odds are released while taking a long-term view.
It’s a different story for other handicappers who like to remain engaged with the market all season long. They may place some bets early, but they’ll also keep a constant eye on the odds board in a bid to spot attractive opportunities as they come up.
The Super Bowl futures market also makes for a great way to gauge the season as a whole at a glance from a betting perspective. The favorites to win the next Big Game will be listed up top, followed by the mid-range selections, and all the way down to the longshots at the bottom.
Here’s what the odds might look like for a handful of favorites.
So let’s say you glance at the odds and decide that the Ravens are going to break through this season and win the Super Bowl. You place a $100 wager at odds of +750 and hope for the best.
The season plays out, and it turns out you were quite prescient as the Ravens do in fact go on to win the Lombardi Trophy. Your bet of $100 will return a total of $850 once the result is in the books. That’s not too shabby, and you had some additional rooting interest all season long to boot.
Super Bowl futures bets are simple to make and easy to understand. They make for a great addition to the overall betting portfolio of both new and seasoned sports bettors as a result.
A number of prominent sports betting sites are now available in Colorado.
Here are some of the most popular CO sportsbook that will offer Super Bowl betting:
Sportsbooks generally offer a wide range of markets on any NFL game. These dramatically increase when it is Super Bowl time.
While there are several standard bets on offer, e.g., point spreads, there is a whole industry built around prop bets. You will often find sportsbooks competing to come up with the most outrageous new markets.
What sets the Super Bowl apart from any other NFL game is the range of potential prop bets.
These can be wagers on events within the game and happenings during the overall show. For example, there will be many prop bets based around the half-time show and the national anthem.
In 2018, Justin Timberlake performed the half-time show. Bettors could wager on what color shoes he would wear, whether he would wear a hat, whether members of NSYNC and more would join him.
Similarly, Pink performed the national anthem. Bettors could wager on the exact length of her performance. Then this tied in with the on-field action with a bet on whether any scoring drive would take less time than that performance.
Other unusual Super Bowl prop bet can include:
As well as these nonsporting prop bets, there is a range of unusual wagers you can place on the real action.
Good examples include:
While the range of prop bets are relatively new in Super Bowl betting, it is the classic bets that attract the most money.
No wager is more popular than the point spread. Here’s a rundown of those classic bet types you can place during any football game:
There is always a lot of talk about the point spread and exactly where those early lines will be set. For example, in the 2019 running of the game, the New England Patriots were installed as the 2.5 point favorites.
If you’d bet on the Patriots on the point spread, you would only win if they won the game by 3 points or more. Conversely, a wager on their opponents, the LA Rams, would win with any other result, either a Rams’ victory or a Patriots’ victory by 1 or 2 points. The point spread line can move, so get in early if you think the sportsbook has got it wrong.
If you like your betting to be straightforward, the moneyline is the way to go. This is simply a wager on which team will win. The more favored a team is, the lower the odds, while you’ll receive longer odds on the underdog. This can be a good wager if you think the underdog will pull off a shock win, as you’ll receive longer odds than on the point spread.
This time, you’ll be betting on the total amounts of points scored by both teams combined. In 2019, the line was set at 56, and under backers were happy due to the low 13-3 score line. Totals betting can be an exciting market, especially if you’ve got a real feeling that either defenses or offenses will dominate the game.
In addition to these classic bets, you can also find a range of wagers for the games. Good examples are:
As the only NFL franchise in Colorado, there is greater interest in betting on the Broncos when they play in the Super Bowl. The Broncos have won the Super Bowl three times in their history:
The Broncos came into the game as underdogs, facing the reigning Super Bowl champs, the Green Bay Packers. Sportsbooks had the Packers favored by a massive 11 points on the spread. This was the fifth appearance for the Broncos (who were 0-4). The game was close throughout until Terrell Davis scored the game-winning touchdown with just 1:45 left on the clock.
It was a different story the following year, as the Broncos came into the game as strong favorites as defending champs.
The sportsbooks considered them 7.5 points better than the Atlanta Falcons. In John Elway’s final game as the Broncos’ quarterback, he would bomb an 80-yard touchdown pass and 17 consecutive points to see the Broncos ease to a 34-19 victory.
It was a long wait of 17 years before the Broncos would once again get their hands on the Vince Lombardi Trophy.
The 12-4 Broncos would face the 15-1 NFC champs the Carolina Panthers, who were rightly installed as the 5-point favorites by the sportsbooks. However, the Broncos took the lead early and never gave it up in Peyton Manning’s last game.
The Broncos tied the record for most defeats in the Super Bowl with five.
Their first appearance was at Super Bowl XII when they beat the favored Cowboys. Then a run of three defeats in four years between 1987 and 1990 saw Broncos’ fans wondering if they’d ever win the contest.
Their only other appearance was in 2014 when the favored Broncos suffered a heavy defeat to the Seattle Seahawks.
The laws surrounding sports betting have changed dramatically over the last couple of years. A federal ban on sports betting was in place until May 2018. Once this was lifted, it left the individual states to set their own laws regarding gambling.
A growing number of states are now regulating sports betting, along with Colorado passing a bill in summer 2019. Proposition DD was passed in 2019 following a statewide referendum. Both retail and online betting started on May 1, 2020.
While this is not in time for the 2020 Super Bowl, there will be futures bets available for the 2021 game.
To place bet the Super Bowl at a Colorado sportsbook, you have to be physically within the state and 21 years or older. You do not have to be a CO resident.
Colorado is sure to attract a lot of betting action, with four major sports franchises in the state. Alongside the Broncos, there’s the Denver Nuggets in the NBA, the Colorado Avalanche in the NHL, and the Colorado Rockies in MLB.
It’s a good time for football fans in Colorado, with the opportunity to place wagers on the most significant event in sports.
The Super Bowl attracts bets like no other game. Bettors get the chance to wager on a lot of game and non-game markets each year. Fun props appeal to people who are not football experts, thus allowing bets on the entertainment and media aspects of the Super Bowl.