How Much Is Bet On The Super Bowl
How much is bet on the Super Bowl each year? Well considering it is the biggest day all year for sportsbooks, the number is pretty high. Football is arguably (an argument you'll lose if you do not agree) the best and biggest sport in the world. It's only fitting that the championship game results in an enormous number of wagers among sports betting operations everywhere. At Super Bowl 56, there are expectations that this is going to be the most bet game in history. The estimated betting handle for Super Bowl 56 is set at $7.61 billion with 31.4 million Americans planning on betting on the game.
As sports betting in the United States slowly legalizes on a state-by-state basis, that number is expected to grow for Super Bowl 56. People in the U.S. that do not reside in states where they have legalized sports wagers, they can still legally wager on the Super Bowl with the use of licensed Super Bowl sportsbooks. The estimated figure was reported by the American Gaming Association. Now with so many legal options to bet on the big game, fewer people are engaging in offshore wagers which only helps that figure become more specific.
Super Bowl Betting Handles By Year
Super Bowl betting handles by the year are coming from the records of Nevada rather than multiple states. Before 2018 – when PASPA was overturned and states were allowed to begin offering legal sports betting if they chose to – Nevada was number one for the needs of those looking to wager on the Super Bowl. Over the years, the Super Bowl handles have only increased, showing the overall popularity of the sport and the hobby of wagering on it. Listed below are handles for the last decade of Super Bowls.
2021 Super Bowl 55
Tampa Bay Buccaneers 31 vs. Kansas City Chiefs 9 - $486.4 million
2020 Super Bowl 54
Kansas City Chiefs 31 vs San Francisco 49ers 20 - $270 Million
2019 Super Bowl 53
New England 13 vs Los Angeles 3 - $308.7 million (after PASPA overturned)
2018 Super Bowl 52
Philadelphia 41 vs New England 33 - $158.6 million
2017 Super Bowl 51
New England 34 vs Atlanta 28 - $138.5 million
2016 Super Bowl 50
Denver 24 vs Carolina 10 - $132.5 million
2015 Super Bowl 49
New England 28 vs Seattle 24 - $115.9 million
2014 Super Bowl 48
Seattle 43 vs Denver 8 - $119.4 million
2013 Super Bowl 47
Baltimore 34 vs San Francisco 31 - $98.9 million
2012 Super Bowl 46
New York Giants 21 vs New England 17 - $93.9 million
2011 Super Bowl 45
Green Bay 31 vs Pittsburgh 25 - $87.5 million
2010 Super Bowl 44
New Orleans 31 vs Indianapolis 17 - $82.7 million
2009 Super Bowl 43
Pittsburgh 27 vs Arizona 23 - $81.5 million
Super Bowl Handles By State
Each state reports their own sports betting financial figures; some of these states are more detailed in their reports and provide Super Bowl betting handle data. For other states, the figures are mere estimates extrapolated from overall monthly betting handles. With sports betting becoming more deeply ingrained into the public consciousness as more states begin regulating and legalizing mobile sports betting, it can be expected that these figures continue to rise in the coming years.
2022 Super Bowl Betting Handles
Each of the states listed below released official Super Bowl 56 betting handle data.
- Nevada: $179.8 million
- New Jersey: $143.7 million
- Pennsylvania: $68.04 million
- Illinois: $54.79 million
- Tennessee: $23 million
- Iowa: $16.3 million
- Montana: $695,838
Jim 'Mattress Mack' McIngvale Super Bowl Bets
Sports betting celebrity, Jim 'Mattress Mack' McIngvale, is possibly the face of Super Bowl gambling. Mack has placed huge wagers on Super Bowl 54 and 55, but really stepped up his game with his record setting bet on Super Bowl 56.
Super Bowl 54: When the Kansas City Chiefs took on the San Francisco 49ers, Mattress Mack was already down bad. Mack had bet against the Chiefs in the first two rounds of the playoffs, and must have felt that the third time was the charm when he wagered $1 million against them. The Chiefs would end up winning 31-20, costing McIngvale another cool million.
Super Bowl 55: Jim 'Mattress Mack' McIngvale was ready to dance with fire again in Super Bowl 55, betting against Patrick Mahomes and the Kansas City Chiefs again, but this time to the toon of $3.4 million! Mattress Mack took the Tampa Bay Buccaneers to cover the spread (+3.5), and they rewarded him by telling him to keep the points.
Super Bowl 56: After his big win in Super Bowl 55, Mack had no shortage of money under his mattress when he decided to break the all-time mobile betting record with his $4.5 million dollar bet on the Cincinnati Bengals to beat the Los Angeles Rams. He was not going to drive from Texas to Louisiana just to place a "normal" bet, he made sure this one was spectacular. With +170 odds, Jim 'Mattress Mack' McIngvale's bet on the Bengals could pay him $7,707,800. After another week, Jim placed another $5 million on the Bengals bringing his total SB 56 risk up to $9.5 million to potentially win $16.2 million.