Total Amount Bet On Super Bowl

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  2. Total Amount Bet On Super Bowl Matchups

The most popular sport to bet on is the NFL, making the Super Bowl one of the most bet on individual events in all of sports each year. This was evident again this past year as the $154.7 million wagered on Super Bowl LIV at Nevada sportsbooks was the second-most all-time, only failing to beat 2018’s record $158 million. The Nevada State Gaming Control Board releases their Super Bowl numbers from 190 sportsbooks across the state around 24 hours after the game, at which point we will update our information.

Below is a table showing the total handle (total amount of all wagers taken in) and profit reported by Nevada sportsbooks on each Super Bowl since 1991.

Amount Legally Wagered on the Super Bowl Each Year

YEARSUPER BOWLAMT WAGEREDPROFITRETURNWINNERLOSER
2020LIV$154,679,241$18,774,14812.1%Chiefs49ers
2019LIII$145,939,025$10,780,3197.4%PatriotsRams
2018LII$158,586,934$1,170,4320.7%EaglesPatriots
2017LI$138,480,136$10,937,8267.90%PatriotsFalcons
201650$132,545,587$13,314,53910.10%BroncosPanthers
2015XLIX$115,986,086$3,261,0662.80%PatriotsSeahawks
2014XLVIII$119,400,822$19,673,96016.50%SeahawksBroncos
2013XLVII$98,936,798$7,206,4607.30%Ravens49ers
2012XLVI$93,899,840$5,064,4705.40%GiantsPatriots
2011XLV$87,491,098$724,1760.83%PackersSteelers
2010XLIV$82,726,367$6,857,1018.29%SaintsColts
2009XLIII$81,514,748$6,678,0448.19%SteelersCardinals
2008XLII$92,055,833($2,573,103)-2.80%GiantsPatriots
2007XLI$93,067,358$12,930,17513.89%ColtsBears
2006XL$94,534,372$8,828,4319.34%SteelersSeahawks
2005XXXIX$90,759,236$15,430,13817.00%PatriotsEagles
2004XXXVIII$81,242,191$12,440,69815.31%PatriotsPanthers
2003XXXVII$71,693,032$5,264,9637.34%BucsRaiders
2002XXXVI$71,513,304$2,331,6073.26%PatriotsRams
2001XXXV$67,661,425$11,002,63616.26%RavensGiants
2000XXXIV$71,046,751$4,237,9785.97%RamsTitans
1999XXXIII$75,986,520$2,906,6013.83%BroncosFalcons
1998XXXII$77,253,246$472,0330.61%BroncosPackers
1997XXXI$70,853,211$2,265,7013.20%PackersPatriots
1996XXX$70,907,801$7,126,14510.05%CowboysSteelers
1995XXIX$69,591,818($396,674)-0.57%49ersChargers
1994XXVIII$54,483,221$7,481,54113.73%CowboysBills
1993XXVII$56,811,405$7,174,86912.63%CowboysBills
1992XXVI$50,334,277$301,2800.60%RedskinsBills
1991XXV$40,080,409$3,512,2418.76%GiantsBills

WASHINGTON – 23.2 million Americans plan to bet a total of $4.3 billion on this year’s Super Bowl LV matchup between the Kansas City Chiefs and Tampa Bay Buccaneers, according to new American Gaming Association (AGA) research. Among Super Bowl bettors, a record 7.6 million will bet with online sportsbooks this year, up 63 percent year-over. The early action on the Super Bowl total has been lopsided at most sportsbooks, growing from a consensus opener of 51.5 up to 54.5 at many books. $2.55 billion: The amount bet on the Super.

The House Always Wins (In the Long Run)

Sports books have made out extremely well when it comes to the Super Bowl. A big reason why is that square bettors (those that don’t usually bet) are attracted to the big game and they are prone to making high-risk bets like parlays and props that are unlikely to win. There have been just two cases since 1991 when books have produced a net loss on the Super Bowl (1995 and 2008).

In 1995, the San Francisco 49ers were the biggest favorites in Super Bowl history (18 points), but that didn’t detract bettors from loading up on the obviously better team, as well as the over. The Niners covered and the total went well over the 53.5 mark (San Fran won 49-26, a 23-point victory with 75 points scored).

The 2008 Super Bowl played out much differently. The New England Patriots were 14-point favorites against the New York Giants. For this game the public did something it rarely does – it bet overwhelmingly on the underdog. Not only did the Giants cover the spread, they won the game outright, meaning a disaster for sportsbooks that had to payout moneyline bets on New York at nearly 10-to-1 as well.

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How Much is Bet Illegally on the Super Bowl

Each year there is a new study or estimate by an expert on how much is wagered offshore at online sportsbooks, or with local bookies, or between friends. Some of these estimates include office pools and international wagers taken legally, some do not.

Total Amount Bet On Super Bowl Matchups

There is no way to know for sure, but the most common educated guess (from the American Gaming Association) says that roughly 97% of all bets placed on the Super Bowl will be made in a technically illegal fashion. Using the latest numbers on the amount of legal action taken in Nevada ($154,679,241), the estimated illegal portion of the handle would come in at $5,155,974,700 (about $5.2 billion). If it follows that the expected return on illegal wagers matches that of legal wagers, using this year’s return of 12.1%, black market wagering accounted for $625,804,933 in profits last year.

Grand Total Wagered on the Most Recent Super Bowl (Estimate): $5.3 Billion

Total amount bet on super bowl wins

Combined Legal/Illegal Sportsbook Profits (Estimate): $644.6 Million