Last year, oddsmakers in Nevada took $154.68 million worth of Super Bowl wagers. They won $18.77 million on the Chiefs’ 31-20 victory over the San Francisco 49ers. The 12.1 percent hold rate was the best Super Bowl win percentage since 2014.<\/p>\n
Nationwide, approximately $270 million was wagered through lawful channels on Super Bowl 54. Only 10 states had legal sports betting at this time a year ago.<\/p>\n
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With the number of legal sports betting states doubled, and much enthusiasm surrounding reigning Super Bowl MVP Patrick Mahomes taking on the GOAT, Tom Brady, the odds are good that handle will approach the $1 billion mark.<\/p>\n<\/div>\n
Still, illegal offshore sites and underground bookies are expected to take more bets on the Super Bowl than regulated operators.<\/p>\n
The American Gaming Association estimated that $6 billion was wagered on the big game last year. If that figure is correct, it means that just four percent of the Super Bowl action was bet through a legal book.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"An online sportsbook in Nevada last night took a $2.3 million wager on the underdog Tampa Bay Buccaneers upsetting the defending champion Kansas City Chiefs in Super Bowl LV. BetMGM, the online mobile sports betting platform of MGM Resorts, confirmed being the sportsbook this morning. Super Bowl 55 is set to kick off on Sunday, […]<\/p>\n","protected":false},"author":25,"featured_media":162910,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,1074],"tags":[],"acf":[],"yoast_head":"\n
Nevada Online Sportsbook Takes $2.3M Super Bowl Wager<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n