Legal sports betting in the US is licensed and regulated on a state-by-state basis. Nevada sportsbooks’ long-running monopoly came to an end in June of 2018 when New Jersey sportsbooks first entered the market.
With the recent launch of online sportsbook apps in Virginia, close to half the states in the country now offer legal sports betting in one form or another. Since states are the regulatory body, how you can bet on sports and what you can bet on varies across the US.
As the oldest betting market in the country, Nevada has become known for having the widest range of betting options for any number of different sports and sporting events.
Next to the host city for each season’s NFL Super Bowl, Las Vegas has gained the reputation for being the next-best place to be for the big game.
Along with betting lines for the game itself, Las Vegas sportsbooks will routinely post a grocery list of propositional or prop bets for the Super Bowl. These options can range from which team scores first to the actual margin of victory in the final score.
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Heading into this year’s Super Bowl between the Kansas City Chiefs and the Tampa Bay Buccaneers, sportsbooks in the following states have been given the green light to add props to their betting board:
The respective gaming boards in each of these states are allowing licensed sports betting venues to expand their betting offerings to include a host of different prop options covering just about every aspect of Super Bowl LV.
This pertains to licensees in land-based retail books as well as those offering online sports betting through their website or mobile sports betting app.
Not that long ago, any sort of prop bet option was considered to be a gimmick bet. Over the past few years, props have grown into their own sports betting category.
They have also grown in popularity with sports bettors looking to add even more excitement to all the action on the field, court, or ice. Leading the way is the NFL’s Super Bowl as the biggest single-game betting event of the year.
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Where regulatory controls are a bit looser, such as Nevada and New Jersey, sportsbooks have more leeway to expand their list. One of the most basic Super Bowl props is which team wins the coin toss ahead of the opening kickoff? This also happens to be one of the most heavily bet options.
Props for the Super Bowl can be broken down into three basic categories. The first covers the game itself. A good example of this is the game’s first score in terms of a touchdown, field goal or safety.
The next set of betting options are geared towards team props. For example, which team kicks the longest field goal of the game.
The final group of props deal with individual players. You can bet on which team’s quarterback, Patrick Mahomes or Tom Brady, will throw the most touchdown passes in Super Bowl LV.