Super Bowl betting sets records for sportsbooks

It was a record-breaking Super Bowl for sportsbooks arsenic gamblers ponied up crossed the United States.

Super Bowl LVII was the archetypal 1 to beryllium played successful a authorities wherever sports gambling is legal, and aboriginal information shows the enthusiasm for betting connected the large game.

GeoComply, a institution that verifies the locations wherever gamblers are betting, saw 100 cardinal sports betting transactions this Super Bowl weekend, an summation of 25% implicit past year. In and astir State Farm Stadium successful Glendale, Arizona, much than 100,000 transactions were verified connected Sunday.

FanDuel expected to grip much than 17 cardinal Super Bowl bets. At its peak, the sportsbook told CNBC, it accepted 50,000 bets per 2nd and averaged 2 cardinal progressive users connected its level passim the game.

The wagering was aggravated adjacent successful Las Vegas, the nation's astir mature sports betting market. MGM Resorts said it acceptable a caller institution grounds for Nevada: the highest Super Bowl grip successful history, combining the wealth stake successful its 9 retail sportsbooks connected the Strip and bets placed done the BetMGM app.

"This was BetMGM's astir palmy Super Bowl and astir stake connected azygous crippled sporting lawsuit ever," the institution told CNBC.

BetMGM took 1 stake for fractional a cardinal dollars connected the Chiefs that paid retired $525,000. Another crisp stake $547,000 to triumph $437,000 connected the over, which was 49.5 points. The teams combined to people 73 points.

At DraftKings, 1 bettor enactment $1.68 cardinal connected the Chiefs. That paid retired a whopping $2.68 million.

Among a slew of prop bets that paid off, the "Octopus" – a subordinate who scores a touchdown and instantly scores a two-point conversion, totaling 8 points. Eagles backmost Jalen Hurts delivered connected the longshot prop stake successful the 4th quarter, for a payoff of +1400.

For those viewers that stake connected the accepted Gatorade bath (which was not shown connected TV this year), longshot purple was the victor astatine 9/1 odds. Only 10% of the wealth astatine BetMGM was connected purple.

The American Gaming Association, the commercialized radical representing the casino industry, projected a grounds 50.4 cardinal American volition person wagered $16 cardinal connected this year's Super Bowl, treble past year's estimate. That includes not lone bets placed with ineligible sportsbooks, which AGA estimates astatine astir $1 billion, but besides wagers with unregulated, offshore sites, bookies and societal bets among friends oregon coworkers. If that proves true, that would beryllium treble past year's estimates.

Already, sportsbooks are accepting wagers for adjacent year's Super Bowl, which, for the archetypal time, volition instrumentality spot successful America's gambling superior – Las Vegas.

DraftKings has opened betting with Chiefs astatine 6/1 odds.