2021 Super Bowl Prop Bets: Breaking Down the Prop Betting Markets

2021 Super Bowl Prop Bets: Breaking Down the Prop Betting Market
Betting on the Super Bowl is great for a bunch of reasons. It’s the biggest sporting event in the country, there’s tons of hype surrounding the game and you get to watch the league’s two best teams go head to head.
But, the best part about betting on the Super Bowl is the Super Bowl props that are available at sportsbooks for the big games. Over the years, they’ve taken on a mind of their own, growing from a niche category for hardcore bettors to some of the most popular markets for the entire game.
So, for Super Bowl LV between the Kansas City Chief and Tampa Bay Buccaneers, what are the most popular Super Bowl props and how are people betting them? Let’s take a look and break it down.
Super Bowl Prop Bets 2021
Coin Toss Results Prop Bet
Yup, sportsbooks have come up with a way for you to get in on the action before a single play has even taken place by betting on head or tails for the opening coin toss.
In theory, this is a 50/50 guess, but it’s actually been a bit lopsided, especially of late. Of the 54 previous Super Bowl coin toss results, 29 have gone tails and 25 have turned up heads. Not to mention that six of the last seven Super Bowl coin tosses have come up tails.
The odds are dead even, as they should be, with both possible outcomes sitting at -103, but the betting public seems to know that tails never fails. According to PointsBet, 61% of bets on the Super Bowl coin toss prop market have come in on tails.
Tails @ -103 (Click to bet)
Heads @-103 (Click to bet)
Coin Toss Winner Prop Bet
Not only can you bet on the outcome of the toss, but you can also make a Super Bowl prop bet wager on which team will win the toss. This is yet another completely luck-based, 50-50 wager, but that hasn’t stopped people from betting on it.
The odds are, once again, -103 for both sides, but 51% of all bets in this Super Bowl prop market have come in on the Chiefs, compared to 49% on the Bucs.
This one actually goes against recent trends, as six of the last seven Super Bowl coin tosses have been won by the NFC.
Chiefs to win toss @ -103 (Click to bet)
Buccaneers to win toss @ -103 (Click to bet)
Outcome of First Drive Prop Bet
If you crave instant results and don’t want to wait for the game to be over, the outcome of the first drive prop bet may be for you. It doesn’t matter who gets the ball first, you’re just wagering on what will happen on the opening drive.
As far as the odds are concerned, “Punt” is the favorite at -125, followed by “Touchdown” (+190), “Field Goal” (+450) and “Turnover” (+750).
Despite the 55.6% implied probability of a punt based on its odds, it’s the least popular selection with just 2% of bettors backing it, according to PointsBet. Field Goal is the most popular pick, with 62% of bettors riding it. 24% of bets have been on Turnover and 12% are on Touchdown.
Opening Drive Result | Odds (Click to bet) | % Public Betting |
---|---|---|
Punt | -125 | 2% |
Touchdown | +190 | 24% |
Field Goal | +450 | 62% |
Turnover | +750 | 12% |
Color of Gatorade Poured on Winning Coach Prop Bet
This one is my personal favorite. The amount of time I’ve spent in the past studying previous Gatorade showers from the participating teams is way more than I’d like to admit.
This year, our friends over at PointsBet have six available options on the table. Orange (+125), Red (+250), Yellow/Green (+400), Clear (+700), Blue (+900) and Purple (+1000). And, just a week away from the game, Yellow/Green is running away with it.
41% of all bets in this market are on Yellow/Green. 24% of bettors are backing Red while 11% are on Orange.
Orange @ +125 (Click to bet)
Red @ +250 (Click to bet)
Yellow/Green @ +400 (Click to bet)
Clear @ +700 (Click to bet)
Blue @ +900 (Click to bet)
Purple @ +1000 (Click to bet)