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The Weeknd is set to headline the Super Bowl halftime show (Picture: Getty Images) The Weeknd is ploughing $7 million (£5 million) into his Super Bowl performance, with hopes that it'll be one. The Weeknd plans to embark on his After Hours tour next year, and in the past, StubHub traffic has jumped at least 50% for halftime acts following the Super Bowl, according to the ticketing site. Brady won 6 Super Bowl rings with his former team the New England Patriots, while Mahomes is looking to win a second successive title after claiming Super Bowl glory with the Chiefs last year.
The Weeknd is about to do the Super Bowl - and it's going to be expensive.
The 30-year-old After Hours star is set to hit the stage for the halftime show performance on Sunday (February 7) during the big game.
And the superstar himself is putting tons of his own money into the performance, apparently: The Weeknd spent $7 million of his own money on production costs for his Super Bowl halftime show, his manager Wassim 'Sal' Slaiby told Billboard last week.
He's doing so to 'make this halftime show be what he envisioned,' his manager added in the story, going on to explain that the NFL will cover production costs as usual.
'But in general for Super Bowl performances, according to top managers and major-label sources, labels and sponsors offset some of the costs, and the amounts vary from year to year,' the outlet went on to report.
The halftime show can cost more than $10 million to put on even though the musical artist isn't paid, Reuters reported.
'We cover expenses and production costs,' an NFL spokesperson previously told Forbes.
That amount of coverage, however, seems to change.
'The NFL allows you a production budget -- it's almost never enough to satisfy what the actual production costs are. However, usually the label will step in and provide the shortfall. That seems like an extravagant number for [The Weeknd] to be out of pocket, unless the label's going to participate.' business manager Lou Taylor told Billboard, who works with previous halftime-show performers like Jennifer Lopez.
According to Bruce Springsteen's manager Jon Landau, when he performed in 2009, the NFL gave him a $1 million production budget.
'They gave me 10 minutes worth of bullet points about how big the Super Bowl is, it's the No. 1 show on Jupiter and Mars, it's No. 1 with women, it's No. 1 with people who don't brush their teeth. There's $1 billion transacted -- I remember them saying that,' he explained.
'I have one question: What do you get paid to be part of the biggest show in the history of the universe? What does the artist get...earnings for the show for Bruce and the band: zero. But it was beautifully produced, Bruce and the band were sensational and we loved it. Until you're there, you can't comprehend how many people work on that show.'
The Weeknd's show is going to be longer than ones in the past - find out how long!
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Looking for the easiest Super Bowl 55 bets? You've come to the right place.
Betting on the Super Bowl is one of the best places to begin betting on football. There are many different types of wagers available, making it a great opportunity to get the lay of the full betting landscape with a single event.
We won't let you wander into the football betting wilderness alone, of course. We've developed this handy Super Bowl betting guide to help you get acquainted with NFL betting odds, generally, and lay some simple wagers on Super Bowl 55.
Patrick Mahomes and the Kansas City Chiefs will take on Tom Brady and the Tampa Bay Buccaneers at the Raymond James Stadium in Tampa Bay on February 7, 2021. Now that the match-up is set, we can use some concrete examples to make things clearer.
But first things first. Let's start with some classification.
We won't let you wander into the football betting wilderness alone, of course. We've developed this handy Super Bowl betting guide to help you get acquainted with NFL betting odds, generally, and lay some simple wagers on Super Bowl 55.
Patrick Mahomes and the Kansas City Chiefs will take on Tom Brady and the Tampa Bay Buccaneers at the Raymond James Stadium in Tampa Bay on February 7, 2021. Now that the match-up is set, we can use some concrete examples to make things clearer.
But first things first. Let's start with some classification.
Types of Bets
Every football bet can be classified in one of three categories: moneyline, against the spread, and over/under.
1. Moneyline Betting
Betting on the moneyline is the easiest Super Bowl bet you can make. Quite simply, you bet on which team will win the game 'straight up.' You don't have to worry about margin of victory. If the team you bet on wins, you win your bet!
Current Super Bowl 55 Moneyline Odds
Kansas City Chiefs | Tampa Bay Buccaneers |
---|---|
-180 | +152 |
-171 | +145 |
-165 | +145 |
You might be saying to yourself: 'That's very simple. Why doesn't everyone bet on the moneyline?'
Because the payout is lower if you bet on the favorite, and you don't get the advantage of the spread if you bet on the underdog. Sportsbooks aren't going to reward you the same way for picking a massive favorite to win. They will, however, reward you handsomely if you correctly pick an underdog.
Let's use this year's Super Bowl as an example again.
The Chiefs' moneyline is -180 at the moment. (Hey, that style of number looks familiar!) That -180 number indicates that, if you bet Kansas City to win, you have to wager $180 to win $100 for a total payout of $280. The Buccaneers' moneyline, on the other hand, is +152.
The plus-sign changes everything! When preceded by a plus-sign, the moneyline indicates how much you'll get back if you bet $100.
So, if you wager $100 on Tampa Bay at +152 and they upset the Chiefs (by whatever score), you'll walk away with $252 — your original $100 bet plus $152. (For all intents and purposes, the favorite is always listed at a negative number and the underdog at a positive number.)
You don't have to wager $100, of course. You can wager any amount (though sportsbooks do have upper and lower limits). If you cut your bet in half and put $50 on the Bucs +152, you'd go home with $126 if they win — your original $50 bet plus $76 (i.e. half of $152).
2. Against the Spread
Against the spread betting (commonly abbreviated as ATS) is probably the most common type of football betting. In Super Bowl 55, the Chiefs are three point favorites over the Buccaneers. On paper, this is written out as 'Chiefs (-3)' or 'Buccaneers (+3)'. The three point spread means that, if you bet on the Chiefs (-3), you only win your bet if the Chiefs win by four points or more. If the Chiefs win 25-23, for example, you're outta luck.
The flip side is that if you bet on the Buccaneers (+3), you'll still win your bet even if the game is a tie.
If the Chiefs win by exactly three points, it's called a 'push,' and both sides get their money back.
Simple enough, right?
Bettors are often confused to see the spread change a couple of days after they've placed a bet. If a lot of money is being wagered on one team compared to the other, sportsbooks will shift the spread to encourage equal betting on both sides and reduce their potential for loss.
This happened just before Super Bowl 53 in 2019. When the betting lines first opened, the LA Rams were a small favorite. But so much money was immediately bet on the New England Patriots that the spread shifted all the way to Patriots (-3).
These changes do not impact any bets that have already been placed.
The payout on spread betting is typically $1 for every $1.10 you wager, but can vary within a range. You'll often see the payout listed as '-110,' which indicates that you must bet $110 to win $100.
Use the same approach outlined above for moneyline bets to calculate your payout when betting against the spread.
3. Over/Under Betting
Over/under betting (O/U) differs considerably from spread and moneyline betting in that it doesn't involve picking the winner. The most common over/under bet is the game total, which involves predicting the total number of points that will be scored in the game.
As of January 25, 2021, the total for Super Bowl 55 is 56.5. Bettors can opt that the game will feature more than 56.5 points (taking the over) or fewer than 56.5 points (taking the under).
If you bet the over and the Chiefs win 33-25, you win your bet since the teams combined for 58 points. (That's more than 56.5.) If the Chiefs win 30-22, you lose everything, since the total score of 52 is less than the total set beforehand by the sportsbooks.
Like with ATS betting, the game total can and will shift over time, depending on which side is receiving the majority of the money wagered. Pushes are also possible when betting the game total. Obviously, a push can only occur when the total is not a half number.
Just like the spread, O/Us have odds specific to each side of the line, meaning the payout isn't always equal between the over and the under. As long as the action coming in on each side is roughly even, you're likely to see odds of -110 on the Super Bowl totals line (bet $1.10 to win $1).
Super Bowl Props
The wager types discussed so far focus on the outcome of the game itself. The Super Bowl, however, is just as famous for its litany of prop bets. Some of these Super Bowl props can be downright bizarre, and many have nothing to do with football.
Prop bets feature any interesting propositions the sportsbooks can think of.
Prop bets touch on almost every aspect of the Super Bowl, from which team will win the opening coin toss to which player will score the first touchdown. Many of them focus on the performance of individual players. For example, who will have the most receiving yards? And how many yards will Patrick Mahomes throw for? Will Mahomes have more touchdowns than Brady?
The really fun ones have almost nothing to do with the game. Here are a few favorites from this year's props:
- Will Bill Belichick be mentioned at least once?
- Will Blinding Lights be the first song played by The Weeknd at halftime?
- Will Tom Brady's wife, Gisele Bundchen, be shown on TV more than 1.5 times?
- The color of the Gatorade poured on the winning head coach (orange is the favorite). Historical reference here.
Props can be constructed as moneyline or over under-style bets. Let's look at a couple of examples to clarify.
'Who will score the first touchdown?' is a moneyline-style prop bet. Travis Kelce is currently the favorite at +600. (Remember what that plus-sign means? If you bet $100 on Kelce and he does score the first TD in the game, you'll win $600.)
'How many songs will be played during the halftime show?' is an over/under style prop. The O/U is at 8. If seven songs are performed in total, the under will cash in. If nine lovely tunes are sung, the over wins. For a full guide on Super Bowl prop bets, be sure to check out this comprehensive guide.
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Where Can I Bet on the Super Bowl?
How To Put Money On The Super Bowl 2019
Go look at your finances and see if you have some disposable income. If things are looking good, it's time to explore this list for the best places to bet on NFL games online , and get in on the action!