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. Super Bowl 57 had record-high projections and with the sports betting industry continuing to grow at a rapid pace, Super Bowl 58 could look to break that record once again.

As sports betting in the United States slowly legalizes on a state-by-state basis, that number grows on a yearly basis. 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 Super Bowl 58 betting sites. The estimated figure was reported by the American Gaming Association. Now with so many legal options to bet on the big game, there are several different online sportsbooks that the betting handle comes from.

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Super Bowl Betting Handles By Year

Fans can see the increase in Super Bowl betting handle year over year. Every season the previous record is shattered in large part due to more regulated markets going live each year. The Super Bowl is the most wagered on single sporting event in the country so major betting handles are expected every year. Fas can expect to see this trend continue with the next Super Bowl as well.

2023 Super Bowl 57

Super Bowl 57 Kansas City Chiefs 38 vs. Philadelphia Eagles 35 – $1.175 Billion

2022 Super Bowl 56

Super Bowl 56 Los Angeles Rams 23 vs. Cincinnati Bengals 20 – $588.1 Million

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 Super Bowl 58 betting, it can be expected that these figures continue to rise in the coming years.

2023 Super Bowl Betting Handles

Each of the states listed below released official Super Bowl 56 betting handle data.

  • Nevada: $152.3 Million
  • New Jersey: 109.3 Million
  • Pennsylvania: 84.3 Million
  • New Hampshire: $9.2 Million
  • New York: $123.8 Million
  • Colorado: $37.9 Million
  • Montana: $747,805

Projected Super Bowl Betting Handles Each Year

The Super Bowl betting handle has risen every year since 2020 and with sports betting a fast-growing industry, it is sure to continue down that route. With the first billion-dollar handle coming in 2023, there is nowhere to go but up from there, and with different states continuing to offer regulated NFL betting, those numbers could fly even higher.

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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.

Super Bowl 57: Mack surprisingly sat out of the Super Bowl 57 after an up and down betting streak. He cashed the largest sports betting payout of $75 million on the Houston Astros World Series and lost a few million on the 2023 college football playoffs and the Dallas Cowboys in the 2022-23 NFL Playoffs.