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The Takeaway: Proceed With Caution DraftKings Another strategy is to manage your bankroll effectively. Set a budget for your Super Bowl betting and stick to it. Avoid chasing losses or betting more than you can afford. By managing your bankroll wisely, you can minimize the risk of significant losses and ensure that your betting experience remains enjoyable. Point spreads and money lines are the two most common types of Super Bowl bets. A point spread is a handicap that bookmakers assign to each game, aiming to level the playing field between the favorite and the underdog. When betting on the point spread, you're essentially wagering on whether the favorite will win by a certain margin or if the underdog will lose by less than the given spread..
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