$6 billion to be bet on Super Bowl in the US alone
Americans are going big on the Super Bowl this year, including in prop bets
This year is going to be huge for the Super Bowl. Apart from already having to overcome a possibly stolen victory during the playoffs that will almost certainly be talked about during the big game, Americans are set to place a record number of wagers on the outcome of the Patriots-Rams matchup. According to the American Gaming Association (AGA), $6 billion is expected to be bet on the game.
The AGA expects 1 in every 10 American adults to place a bet on the Super Bowl. Eight states have now legalized sports gambling, but many will still turn to illegal sportsbooks for their wagers. The AGA predicts that 1.8 million Americans will go offshore for their Super Bowl bets.
$6 billion is expected to be the most amount ever wagered on a single event for the regulated U.S. sports gambling market. Vegas Stats and Information Network CEO Brian Musburger, and nephew of famed sportscaster Brent Musburger, states, “The handle, or amount wagered on the [Super Bowl], has grown pretty steadily over the past decade, breaking records in Nevada for each of the past three years. Between that momentum and the addition of seven new states taking regulated bets, we’re expecting the amount wagered this year to dwarf everything we’ve seen in the past.”
Among the betting action this year, in addition to who will win the game, are a number of prop bets. Westgate Sportsbook out of Las Vegas has already lined up 441 different prop bets, including who will score the first and last touchdowns, who will win the coin toss and whether or not either team’s punter will throw at least one pass, among many others.