Last year was not a great Super Bowl for the Las Vegas Sportsbooks, but it’s hard to feel bad when they still made $3.2 million in profit.  The 2.8% return though was the lowest since 2011 and the amount wagered actually dipped from the record-setting previous year.

2014 Was a Record Year

In 2014, Las Vegas made a killing during the big game.  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.

Most betting during the season is done on the spread and total, but prop bets and exotic wagers get a lot more action during the Super Bowl.  There are always some incredible stories 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
2015 $115,986,086 $3,261,066 2.8% New England 28, Seattle 24
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. $79,193,214 $6,009,143 7.59%
Last 5 $103,142,764 $7,191,234 6.97%

Non-Vegas Super Bowl Betting

So those numbers are just in Las Vegas.  Numbers vary widely on the reports of legal, Las Vegas betting and illegal betting but most estimates think Nevada only pulls in 2.5% of the total action!  So if this is correct then you can assume there is about 40x as much bet on the Super Bowl as what the numbers state above!

That is a lot of wagers that are being placed through bookies and online sports books.

If you aren’t in Vegas but want to get action in on the big game, then I recommend you take a look at our 5Dimes review and our Bovada Sportsbook review as these are two of our favorites.