Record 68 Million Americans to Wager $23.1B on Super Bowl LVIII

[stevenash]

Washington, D.C. – A record 67.8 million American adults (26%) are expected to bet on Super Bowl LVIII, a 35 percent increase from 2023, according to a new American Gaming Association (AGA) survey. Bettors plan to wager an estimated $23.1 billion on this year’s Big Game, up from $16 billion last year.


Source: American Gaming Association.

Record 68 Million Americans to Wager $23.1B on Super Bowl LVIII - American Gaming Association

[DonnieBrasco23]

Good I hope the books get fukked although not a 100% sure which side is a liability, educated guess is the books need the Chiefs as far as their bottom line dollar amount.

[DrunkHorseplayer]

I read that LV books are big time exposed on Kelce props, if he has a big day they could lose some cash.

[stevenash]

I read that LV books are big time exposed on Kelce props, if he has a big day they could lose some cash.

I read something like that too, I was reading where KC was getting a lot of early action.

[pavyracer]

Two things. First, this is a survey and not reported action. Second, no one knows what will people do on Sunday when the public is usually making bets. So they could be off by several billions on their prediction.

[Thefix13]

Two things. First, this is a survey and not reported action. Second, no one knows what will people do on Sunday when the public is usually making bets. So they could be off by several billions on their prediction.

Probably why they used words like estimate and expected

[stevenash]

Two things. First, this is a survey and not reported action. Second, no one knows what will people do on Sunday when the public is usually making bets. So they could be off by several billions on their prediction.

I see your point, but those are projected numbers, not predictions.

[Da Manster!]

Just my own opinion, thought, or theory (and I could be wrong) as to why these projected wagering numbers might set all-time records this year. Any chance that maybe because all of the "swifties" (both males and females alike) might be betting the game or some kind of prop because of the Taylor Swift phenomenon? All of her fans are now interested in football and she now brings that segment or audience into the whole fray of football business. and thus, as we've discussed already in other threads, ratings are going to be astronomical, viewership and revenues at all-time highs, and everything football related (including gambling) will be increased exponentially just by sheer numbers alone because of Taylor Swift.

[stevenash]

^
Good post.

This SB with Taylor Swift in the mix is a Roger Goodell wet dream.
When it's all said and done, and there is nothing left to say or do come Monday morning, everybody will be rich (except us jabroni's of course)

[freeVICK]

Good I hope the books get fukked although not a 100% sure which side is a liability, educated guess is the books need the Chiefs as far as their bottom line dollar amount.

This is interesting scenario making it very difficult to determine which side Vegas needs. It looks like the vast majority of the Super Bowl bets are on KC, but you gotta figure all the futures are on the niners.

What’s y’all’s take on this?

[stevenash]

This is interesting scenario making it very difficult to determine which side Vegas needs. It looks like the vast majority of the Super Bowl bets are on KC, but you gotta figure all the futures are on the niners.

What’s y’all’s take on this?

SF is a favorite for a reason.
If Brock Purdy does his job Sunday SF wins by ten points.

Difference of this game is SF has CMC and KC doesn't.

[Eddy Munny]

This is interesting scenario making it very difficult to determine which side Vegas needs. It looks like the vast majority of the Super Bowl bets are on KC, but you gotta figure all the futures are on the niners.

What’s y’all’s take on this?

My take is that you have to take money distribution and ticket %'s with a grain a salt nowadays. There are so many hands in the cookie jar, no one really knows what a book needs unless you're the manager at that book, and even then your intel only goes as far as your inside knowledge, you don't really know what the sum total of all books are.

There are sites that obviously profess to depict what the public is doing, but they're not legally held to any standard and seldom reveal how they arrive at their numbers. It's not like the gaming commission makes the rounds to ensure accurate reports. You have to use a good deal of intuition in conjunction with whatever mickey mouse data you glean from public reports.

[Headsterx]

Yeah, this will definitely be one of the highest SB wagered on but I doubt it will have anything to do with Swift. If you weren’t interested in sports and now you’re watching it for some non-sport related reason, I just can’t see how that would tempt someone to bet on a game.

The major reason is more people are legally gambling and it’s more readily available now. Last Sunday, 60 Minutes did a piece on the booming sports gambling. I think afterwards when so many people will lose their money after the SB, you’ll see more people calling for government intervention.

[2Sweeet]

Has to be fixed. Who is the Public on? ZZZZZZZZZZ

[raiders72001]

[Eddy Munny]

But like another poster stated, the books likely have a large futures liability with the Niners so who knows what the ledger actually looks like.

[Da Manster!]

Assuming what he says is true (if those are indeed actual figures on FD sportsbooks), then why is the line still at (+2.5)? why hasn't it dropped if all that KC money is coming in? Do books know something that we don't? Are they begging for more KC action without moving the line to a very key number of (+3)? Again I would just take it with a grain of salt. IMO, way too many gamblers lose money, bets, and wagers because they are easily spooked by line movement, which side the public is on, what team has the most $$$ being wagered on, etc. (other factors as well) instead of just trusting their instincts.

[raiders72001]

But like another poster stated, the books likely have a large futures liability with the Niners so who knows what the ledger actually looks like.

Good point, I didn't think about that. Although a SF 1 point win isn't going to be good to them.

[pavyracer]

Assuming what he says is true (if those are indeed actual figures on FD sportsbooks), then why is the line still at (+2.5)? why hasn't it dropped if all that KC money is coming in? Do books know something that we don't? Are they begging for more KC action without moving the line to a very key number of (+3)? Again I would just take it with a grain of salt. IMO, way too many gamblers lose money, bets, and wagers because they are easily spooked by line movement, which side the public is on, what team has the most $$$ being wagered on, etc. (other factors as well) instead of just trusting their instincts.

Unless he posts a screenshot of his book's bets then no one believes what he says. It's like a Seaweed claim like he bet that much without a ticket to show for.

[k13]

Future bets are never that big and doubt they have that much Niners money for futures.

[OldBill]

you cant say what Vegas or other books need IF Chiefs cover or win out right books get killed as per every watch dog in usa huge money on chiefs and money lines 68% all in on Chiefs

yes im betting on 49ers and btw huge fan of Reid and mahoomes won both superbowls with chiefs

[OldBill]

San Francisco’s games tend to devolve into shootouts, evidenced by the high-scoring NFC championship game they emerged from two weeks ago, which shattered the season-high 53.5-point total. They tend to win such games, though, as the 49ers are 20–0 all-time with Brock Purdy when scoring 20 or more points.

[Eddy Munny]

San Francisco’s games tend to devolve into shootouts, evidenced by the high-scoring NFC championship game they emerged from two weeks ago, which shattered the season-high 53.5-point total. They tend to win such games, though, as the 49ers are 20–0 all-time with Brock Purdy when scoring 20 or more points.

This has to be a cut and paste... no chance Billy can be that coherent over a span of that many words. Plus there's stuff like spacing and punctuation, also foreign concepts to Old Bill.

[stevenash]

This has to be a cut and paste... no chance Billy can be that coherent over a span of that many words. Plus there's stuff like spacing and punctuation, also foreign concepts to Old Bill.

At least Billy's making an effort.

[Da Manster!]

This has to be a cut and paste... no chance Billy can be that coherent over a span of that many words. Plus there's stuff like spacing and punctuation, also foreign concepts to Old Bill.

[bjb7223]

Don't forget $7 million for a 30 second ad.

[hehfest]

This has to be a cut and paste... no chance Billy can be that coherent over a span of that many words. Plus there's stuff like spacing and punctuation, also foreign concepts to Old Bill.

Yeah, I'd say he paid someone to write that if he didn't copy/paste it from somewhere. Hell, I would even go so far as to say that Old Billy doesn't even know how to copy and paste.