How Much Money Is Bet On The Super Bowl
Posted By admin On 13/04/22According to Action Network's Darren Rovell, it was the biggest bet placed on this year’s Super Bowl, supplanting a $2.3 million wager someone placed on the Bucs at BetMGM last week. The Nevada State Gaming Control Board releases the total amount bet on the Super Bowl about 24 hours after the game. These numbers are courtesy of 200 sportsbooks from across the state. This data goes back to 1991 – that year, bettors placed $40,080,409 worth of wagers on the Super Bowl. That’s equivalent to about $75,000,000 today. Super Bowl Public Betting Data 2021 According to OddsFire, 68% of the spread bets for Super Bowl LV have come in on the Chiefs, with a whopping 82% of the money bet on the spready going toward KC. That leaves 32% of the bets and just 18% of the money going toward Tom Brady and the Tampa Bay Buccaneers.
We’re still waiting on more states to report, but legal Super Bowl betting already topped 2020‘s total.
Feb 02, 2021 The American Gaming Association is estimating that over 23 million people in the US will wager over $4 Billion dollars($4.3 Billion) on this year’s Super Bowl. 51% of Americans will make some type of Super Bowl-related bet this year. 67% of millennials plan to make a bet, as does 62% of Generation Z, while just 26% of baby boomers will do.
So far, handle from 13 states plus Washington DC reporting full or preliminary results on Super Bowl 55 totaled $443.7 million:
Legal betting states reported more than $280 million in handle last year with the full US estimated around $300 million. PlayUSAexpects more than $500 million in legal US Super Bowl bets this year.
Not every state will break out details specifically for the game. States that will not do so include:
There were seven additional legal jurisdictions taking bets this year, which led to more than three times the online betting transactions over Super Bowl weekend compared to last year. That number could have been higher had multiple sportsbooks not struggled with outages before and during the game.
| State | 2021 Handle | 2020 Handle | 2021 Revenue | 2021 Hold | 2021 Tax/State Revenue |
|---|---|---|---|---|---|
| Colorado* | $31,200,000 | N/A | N/A | N/A | N/A |
| Delaware | $1,900,000 | $2,100,000 | $226,000 | 11.9% | N/A |
| Illinois | $45,610,513 | N/A | $7,659,269 | 16.8% | $1,148,890 |
| Iowa* | $16,300,000 | $6,500,000 | N/A | N/A | N/A |
| Mississippi* | $8,000,000 | $6,700,000 | N/A | N/A | N/A |
| Montana* | $493,000 | N/A | $11,000 | 2.2% | N/A |
| Nevada | $136,096,460 | $154,679,241 | $12,574,125 | 9.2% | $848,753 |
| New Hampshire | $7,100,000 | $2,310,000 | -$1,700,000 | -23.9% | N/A |
| New Jersey | $117,400,000 | $54,300,000 | $11,300,000 | 9.6% | N/A |
| Oregon | $3,465,472 | $2,000,000 | $696,230 | 20.1% | N/A |
| Pennsylvania | $53,634,680 | $30,693,942 | $9,394,271 | 17.5% | N/A |
| Rhode Island* | $6,500,000 | $5,500,000 | N/A | N/A | N/A |
| Tennessee* | $15,427,000 | N/A | $2,801,000 | 18.2% | N/A |
| Washington DC | $544,292 | N/A | -$9,546 | -1.8% | N/A |
| Total | $443,671,417 | $264,783,183 | $42,952,349 | N/A | N/A |
*Denotes preliminary results
Nevada leads Super Bowl betting handle
How Much Money Is Bet On The Super Bowl Each Year
Even with travel and casino occupancy limited by the coronavirus pandemic, Nevada looks like it will again lead states in Super Bowl handle.
Nevada’s sportsbooks took $136.1 million in bets on the game, holding 9.2% for $12.6 million in revenue.
Handle fell 12% with revenue down 33% compared to 2020.
NJ, PA rank second & third
New Jersey‘s 12 retail and 21 online sportsbooks took $117.4 million in bets on the game, up 116% over last year’s total.
Sports betting revenue was $11.3 million, good for a 9.6% hold.
Even though online Pennsylvania sports betting transactions over Super Bowl weekend outpaced New Jersey by about 14%, PA’s handle was less than half of New Jersey’s.
Pennsylvania’s sportsbooks reported $53.6 million, up nearly 75% from 2020. Revenue was $9.4 million for a 17.5% hold.
Illinois takes vast majority of action online
Surprisingly, Illinois was the first state to report Super Bowl stats. That caught many off-guard considering the state’s gaming regulator is usually about two months behind others reporting sportsbook stats.
The legal IL sports betting market took $45.6 million in handle with 93.7% of all wagers coming online.
Sportsbooks made $7.7 million in revenue, good for an atypical 16.8% hold. That hold could be boosted by overconfident Kansas City Chiefs fans crossing into Illinois from neighboring Missouri to place their bets.
Delaware’s handle dips, but positive hold
Delaware took a total of $1.9 million in bets this year, according to Delaware Lottery Director Vernon Kirk.
That’s down from $2.1 million bet last year, though the Lottery turned a profit in 2021. Total win was $226,000, up from a loss of $229,000 last year.
Delaware’s three casinos reported $1.4 million in straight wagers with $132,000 in revenue. Prop parlay cards at lottery retail locations saw $264,000 in handle with revenue of $108,000.
Futures wagers at both casinos and lottery retailers totaled $217,000 with a loss of $15,000.
Oregon Lottery adds nearly 1,500 customers
There was $3.5 million bet through the Oregon Lottery‘s Scoreboard platform, operated by DraftKings-ownedSBTech.
The sportsbook reported $696,230 in revenue, or a gaudy 20.1% hold.
Nearly 1,500 new accounts were registered on Super Bowl Sunday alone.
Others share Super Bowl betting numbers
Some states didn’t have formal reports ready with all the stats but shared some of their initial results:
- Colorado sportsbooks took $31.2 million in bets, according to a Department of Revenue spokesperson. That includes $16.9 million in game day bets and $14.3 million in futures bets.
- Sports betting in Iowa was live for Super Bowl 54, but the market looked much different. Iowa’s in-person registration law finally expired in January, which helped last month’s handle jump 42.7% over the prior year. Super Bowl handle also jumped in part to remote registration. Iowa’s sportsbooks took $16.3 million in bets, up from $6.5 million last year, Iowa Racing and Gaming Administrator Brian Ohorilko said.
- Mississippi, which only offers retail betting and has rejected a full mobile expansion for years, took $8 million in Super Bowl bets, according to a Mississippi Gaming Commission spokesperson.
- SportsbookRhode Island took around $6.5 million in bets, which is up from $5.5 million last year but flat on 2019‘s Super Bowl, which also included a Tom Brady appearance.
The Super Bowl is the most popular sporting event of the year. Millions of people watch the Big Game on TV and plenty of people wager on it, legally and illegally. It is expected that Super Bowl betting this year will once again smash records, as since last year’s NFL season finale 36 million more American adults have the opportunity to place legal bets in their home state.
The American Gaming Association (AGA) estimates that 23.2 million people in the US will wager around $4.3 billion on this year’s game between the Kansas City Chiefs and Tampa Bay Buccaneers. A record 7.6 million people will bet with an online sportsbook, according to the survey. That’s a 63 percent increase year-over-year.
How Much Money Is Bet On The Super Bowl Coin Toss
“This year’s Super Bowl is expected to generate the largest single-event legal handle in American sports betting history,” said AGA President and CEO Bill Miller in a press release. “With a robust legal market, Americans are abandoning illegal bookies and taking their action into the regulated marketplace in record numbers.”
Betting on the Super Bowl around the US
This year, more states than ever will take legal sports wagers on the Super Bowl. In addition to gambling on the Super Bowl in Nevada, sports fans can legally wager on the Super Bowl in the following US states:
And here is a state-by-state breakdown of if you can legally wager online and/or at a retail location.
| State | Online | Retail |
|---|---|---|
| Alabama | No | No |
| Alaska | No | No |
| Arizona | No | No |
| Arkansas | No | Yes |
| California | No | No |
| Colorado | Yes | Yes |
| Connecticut | No | No |
| Delaware | No | Yes |
| Florida | No | No |
| Georgia | No | No |
| Hawaii | No | No |
| Idaho | No | No |
| Illinois | Yes | Yes |
| Indiana | Yes | Yes |
| Iowa | Yes | Yes |
| Kansas | No | No |
| Kentucky | No | No |
| Louisiana | No | No |
| Maine | No | No |
| Maryland | No | No |
| Massachusetts | No | No |
| Michigan | Yes | Yes |
| Minnesota | No | No |
| Mississippi | Yes | Yes |
| Missouri | No | No |
| Montana | Yes | Yes |
| Nebraska | No | No |
| Nevada | Yes | Yes |
| New Hampshire | Yes | Yes |
| New Jersey | Yes | Yes |
| New Mexico | No | Yes |
| New York | No | Yes |
| North Carolina | No | No |
| North Dakota | No | No |
| Ohio | No | No |
| Oklahoma | No | No |
| Oregon | Yes | Yes |
| Pennsylvania | Yes | Yes |
| Rhode Island | Yes | Yes |
| South Carolina | No | No |
| South Dakota | No | No |
| Tennessee | Yes | No |
| Texas | No | No |
| Utah | No | No |
| Vermont | No | No |
| Virginia | Yes | No |
| Washington | No | No |
| West Virginia | Yes | Yes |
| Wisconsin | No | No |
| Wyoming | No | No |
More money is legally wagered on the Super Bowl than ever before in the US and expansion outside of Nevada is still just getting started. Twenty-five states have legalized sports betting so far, with 21 markets currently taking wagers. Thirteen states have active or pre-field legislation to legalize sports betting.
This should continue to see wagerings on the Big Game increase as more states legalize sports gambling.
It’s all on the up and up
More and more, Americans are flocking toward legal sports betting options over oft-shady off-shore offerings and local bookies. The AGA reports that 65% of expected Super Bowl bettors say it is important for themselves to use a legal, regulated sportsbook to place their wagers.
How Much Money Is Being Bet On The Super Bowl
In addition, 34% of Americans recall seeing responsible gaming messaging in the past year – up five points from 2020 – and 53% of Super Bowl bettors remember seeing responsible gaming messages.
How Much Money Is Bet On The Super Bowl
“This data is an encouraging sign that our efforts to ground the expansion of sports betting in responsible gaming is taking hold,” Miller said. “Responsible gaming is core to legal sports betting’s long-term success, and this is borne out by continued demand for consumer protections only available in the legal market.”