Super Bowl 2022 Odds, Line Movement and Betting Preview

Super Bowl 2022 Odds, Line Movement and Betting Preview

The stage is set and odds are in full swing for the scintillating showdown between the Los Angeles Rams and the Cincinnati Bengals at the brand-spanking-new, $5 billion-dollar SoFi Stadium in Los Angeles on Sunday, February 13, 2022. 

Who will be crowned as the champion of the 2021-22 NFL season? Will it be the plucky Bengals, who’ve scripted a Cinderella run to Super Bowl 56? Will it be the Rams, who’ve delivered on the promise of their star power to play for the right to lift the Lombardy trophy at their home stadium? 

Both sides are deserving finalists, but only one can be declared the winner. And as one might imagine, the answer to this heady question is driving the market for SBLVI with the public putting down a ton of money betting on the outcome, hoping to cash in big with their bets. 

Only days remain before the game kicks off, but more money is still expected to come down the wire and especially on the very day of the game itself when the markets are anticipating a tsunami of last-minute bets and late sharp money to come in. 

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Opening Super Bowl 2022 Odds 

The action up to this point has had an impact on the NFL odds board with the lines and odds moving in response to the volume of action. The biggest mover and shaker so far is the moneyline and the game total. Whereas the point spread has oscillated between two main numbers.

At the close of the AFC and NFC Championship games two weeks ago, markets opened for Super Bowl 56 with the Rams favored at -4 and the total projected to 50 points. The money line opened with the Rams tipped at -169 and the Bengals at +140 (odds as per DraftKings). 

Since then, the lines have moved in all three markets. Below we look at each market individually and map the relevant movement that has occurred thus far. Keep in mind that there's likely to be more movement in the last few days and hours before Super Bowl 56. So, deciding when to bet – betting now or later – can make a difference as a result.

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Moneyline Odds Movement 

Arguably, the moneyline has seen the biggest jump since open doors. The Rams have been bet up over the first week from a low of -169 (DraftKings) to a high of -210 (Bet365). Most operators have settled between -190 (FanDuel) and -200 (BetMGM), but these numbers are likely to fluctuate further. 

This substantial move in moneyline odds has a lot to do with consensus betting, which shows almost 80% of the public is jumping on Los Angeles’ glittering bandwagon. Betting on the outcome of a game is the most straightforward of all the betting options available. The simplicity of it is appealing mainly to square bettors.

Half-Point Swing

The point spread has hopped from -4 to -4.5 and at different intervals depending on the choice sportsbook. The relevance in moving between these numbers is debatable because 4 is a dead number in NFL betting, and the hook is just well-added bait that is there to attract bettors to the underdogs. 

According to consensus betting reports, approximately 60% of early bettors are grabbing the points with the Bengals to cover. This is a rather interesting trend that stands in contrast to the lopsided moneyline betting in the first week. 

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Totally Down

The total, in the meanwhile, has dropped substantially, going from 50 points down to 48.5 points almost unanimously across the board. The total dropped within hours of going to press. A flood of betting going towards the under pushed the line down.

For the better part of the week, the total has held firm on 48.5 points with many operators. However, a few operators have shuffled back up to 49 points in the last few days, including DraftKings. There the over 49 is juiced to -105 and the under at -115.