How Much Money is Bet on the Super Bowl

Posted by on

Money Bet on Super Bowl

In last year’s Super Bowl Las Vegas sportsbooks made a killing.  For the first time in history, over $100 million dollars was wagered on the Super Bowl, and with the Seahawks blowout win (43-8) over the favored Denver Broncos, books also posted a record $19.7 million in profit.  These numbers are obviously impressive, but the return on the handle was only the second-highest in history at 16.5%.  The biggest return since 1991 still belongs to the 2005 Super Bowl between the Patriots and Eagles where sportsbooks returned 17% on their handle.

There have been a lot of reports of wild prop bets being won, like players who won at 100-to-1 odds on the first score of the game being a Seahawks safety, but don’t let those numbers fool you.  Those exotic wagers don’t really mean much to the books when they are turning millions in profit on the game.

After a brief lull from 2008 to 2009, the amount wagered on the Super Bowl has steadily increased for six-straight years.  In fact, the 21% growth in the amount wagered from 2013 to 2014 is the biggest since 1995, which saw a 28% spike in the amount of wagers taken.

Las Vegas Sportsbooks Super Bowl Performance

YEAR AMT WAGERED BOOK W/L RETURN FINAL SCORE
2014 $119,400,000 $19,700,000 16.50% Seahawks 43, Broncos 8
2013 $98,936,798 $7,206,460 7.30% Ravens 34, 49ers 31
2012 $93,899,840 $5,064,470 5.40% Giants 21, Patriots 17
2011 $87,491,098 $724,176 0.83% Green Bay 31, Pittsburgh 25
2010 $82,726,367 $6,857,101 8.29% New Orleans 31, Indianapolis 17
2009 $81,514,748 $6,678,044 8.19% Pittsburgh 27, Arizona 23
2008 $92,055,833 ($2,573,103) -2.80% N.Y. Giants 17, New England 14
2007 $93,067,358 $12,930,175 13.89% Indianapolis 29, Chicago 17
2006 $94,534,372 $8,828,431 9.34% Pittsburgh 21, Seattle 10
2005 $90,759,236 $15,430,138 17.00% New England 24, Philadelphia 21
2004 $81,242,191 $12,440,698 15.31% New England 32, Carolina 29
2003 $71,693,032 $5,264,963 7.34% Tampa Bay 48, Oakland 21
2002 $71,513,304 $2,331,607 3.26% New England 20, St. Louis 17
2001 $67,661,425 $11,002,636 16.26% Baltimore 34, New York Giants 7
2000 $71,046,751 $4,237,978 5.97% St. Louis 23, Tennessee 16
1999 $75,986,520 $2,906,601 3.83% Denver 34, Atlanta 19
1998 $77,253,246 $472,033 0.61% Denver 31, Green Bay 24
1997 $70,853,211 $2,265,701 3.20% Green Bay 35, New England 21
1996 $70,907,801 $7,126,145 10.05% Dallas 27, Pittsburgh 17
1995 $69,591,818 ($396,674) -0.57% San Francisco 49, San Diego 26
1994 $54,483,221 $7,481,541 13.73% Dallas 30, Buffalo 13
1993 $56,811,405 $7,174,869 12.63% Dallas 52, Buffalo 17
1992 $50,334,277 $301,280 0.60% Washington 37, Buffalo 24
1991 $40,080,409 $3,512,241 8.76% New York Giants 20, Buffalo 19
Avg. $77,660,178 $6,123,646 7.70%
About the Author: Jimmy Boyd is known for his consistency. He's a proven winner in college and pro football, college and pro basketball and pro baseball. He finished as the No. 1 ranked MLB handicapper in 2007 by earning $1,000/game bettors $50,050. He also finished as the No. 1 ranked basketball handicapper in the 2008-09 season, profiting $1,000/game bettors 38,530. His basketball plays have banked $1,000/game bettors nearly $80,000 the last five years. Check out Jimmy's premium picks for tonight!
Connect with the author via: Twitter - Google+