When the Super Bowl wagering starts, keep one thing in mind: it is not always the favorites who win. It only took the third Super Bowl for the underdogs to pull off a stunning upset when the 18-point underdog Jets beat the Colts by 9 points. The parity in the NFL means that betting on the underdogs and taking the points is a pretty good wagering strategy. Parity in the league occurred when the NFL implemented their own strategy to make it easier for weaker teams to succeed in the league. This was done by a combination of a salary cap, making it harder for wealthy teams to hoard all of the talent in the league, and giving teams with a poor record an easy schedule, and successful teams a hard schedule.
A look at the teams who have made the Super Bowl in the past since parity was implemented will give you a pretty good idea that the strategy is working. Before parity, the teams who made the Super Bowl were always the same cast of characters: the Dolphins, Steelers, 49ers, Cowboys, Broncos, Giants, Redskins, and Raiders, just to name a few.
However, since the NFL put parity into play it has been common to see teams who had a terrible year and had never been in the Super Bowl, making an appearance. The historically woeful Saints, Ravens, Falcons, Titans, and Panthers not only made it to the big game, but with the exception of the Falcons, won the Super Bowl. Before parity when there were often huge blowouts in the game, a good Super Bowl wagering strategy was to take the over, or bet that the favorite would win by more than the point spread indicated. However, these days, if you do some simple research, the most popular wagering strategy is to take the underdog and the points. When you look at how many staggering upsets have occurred in the 45-year history of the Super Bowl, and most of them in more recent times, you can see it makes sense to wager in such a manner.
Of course there are countless other betting opportunities that require less research and are quite fun in their own right. You can wager on the opening coin toss, or who makes the first tackle, scores the first touchdown, and you can even bet on the halftime entertainment. This year Madonna is the halftime entertainment, and you can be sure that if you want to place a bet on what song she sings first, you will be able to. In fact, there was even wagering taking place when The Who played at halftime several years ago on how many times guitarist Pete Townsend would windmill his arm when striking huge chords on his guitar. No matter who makes it to the big game on February Fifth, the only sure bet is that there will be heavy Super Bowl wagering taking place again this year, adding to the fun and pageantry of the event.