How Much Money Will Be Bet On The Super Bowl
They say scared money don’t make money, and that’s certainly true.
But when you have enough money to bet $2.3 million on a single thing, what is there to really be scared of?
That’s what someone bet on the Tampa Bay Buccaneers on Sunday. They’re +3.5 on the spread. Someone bet $2.3 million that they’d be able to cover against the Chiefs, according to Bet MGM.
And if they do cover, the person who placed that bet will get a cool $2 million back. Talk about getting a bang for your buck. Or…your Bucs.
Don’t worry. I’ll see myself out.
When you’re already betting $2.3 million, another $2 million is certainly not life-changing money for this bettor. But it’s still a lot. Good luck, I guess.
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.
Many fans would be keen to use risk-free bet offers for a free shot at the Super Bowl winner at advantageous odds. For instance, if you bet on the Buccaneers to win the Super Bowl before they. For the most part, each and every year, more and more money is bet on the Super Bowl. In 2020, $154,703,640 was the total amount wagered on the Super Bowl. In 2019, $145,939,025 was bet on the NFL’s biggest game. And in 2018, $158,586,934 was wagered on Super Bowl 52. Over the past three years, on average $153,076,533.
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.
“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.
How Much Money Is Bet On The Super Bowl Worldwide
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.
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 Was Bet On The Super Bowl 2021
“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.”