in the US.
- One of the most popular bets involving the Superbowl is the initial coin toss; despite what appears to be an obvious 50/50 chance many people analyze the statistics of the coin toss by team and decade to increase their chances of winning.
- In 2002, Charles Barkley bet $500,000 on the New England Patriots, the patriots won and Charles was awarded $800,000. Barkley did not have the cash for the initial bet but bookie Mandalay Bay had accepted the bet but initially refused to pay.
- Prop or proposition bets are random bets placed on events in the Superbowl outside of the game including the length of the national anthem and which celebrities will play during the half time show. Some prop bets gain more wagers then the game itself.
- The Superbowl is the most popular sports event bet in the United States.