how-much-bet-super-bowl

The Super Bowl brings in a lot of betting action across the globe.  The Nevada Gaming Commission reports the total amount of wagers taken on the Super Bowl at the state’s sportsbooks each year.  Here’s a hint, it’s nearly as much as the amount wagered for the entire NCAA tournament.

This is the most accurate way to track betting on the game and the starting point for any estimates about the total amount of wagers taken worldwide.

2016 Was a Record Year

The latest reports out of Nevada show that sportsbooks took in more money in wagers on Super Bowl 50 than any Super Bowl in history at $132.5 million.

With the majority of bets coming in on the favored Panthers and the over, the Broncos winning/covering against the spread and the total staying under was the ideal situation for books.  The game result lead to a total combined return of 10.1% or $13.3 million.

These numbers are obviously impressive, but the return on the handle was only the third-highest in history at 10.1%.  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 in the 2014 Super Bowl 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.

Las Vegas Sportsbooks Super Bowl Performance

YEARAMT WAGEREDBOOK W/LRETURNFINAL SCORE
2016$132,545,587$13,314,53910.1%Denver 24, Carolina 10
2015$115,986,086$3,261,0662.8%New England 28, Seattle 24
2014$119,400,000$19,700,00016.50%Seahawks 43, Broncos 8
2013$98,936,798$7,206,4607.30%Ravens 34, 49ers 31
2012$93,899,840$5,064,4705.40%Giants 21, Patriots 17
2011$87,491,098$724,1760.83%Green Bay 31, Pittsburgh 25
2010$82,726,367$6,857,1018.29%New Orleans 31, Indianapolis 17
2009$81,514,748$6,678,0448.19%Pittsburgh 27, Arizona 23
2008$92,055,833-$2,573,103-2.80%N.Y. Giants 17, New England 14
2007$93,067,358$12,930,17513.89%Indianapolis 29, Chicago 17
2006$94,534,372$8,828,4319.34%Pittsburgh 21, Seattle 10
2005$90,759,236$15,430,13817.00%New England 24, Philadelphia 21
2004$81,242,191$12,440,69815.31%New England 32, Carolina 29
2003$71,693,032$5,264,9637.34%Tampa Bay 48, Oakland 21
2002$71,513,304$2,331,6073.26%New England 20, St. Louis 17
2001$67,661,425$11,002,63616.26%Baltimore 34, New York Giants 7
2000$71,046,751$4,237,9785.97%St. Louis 23, Tennessee 16
1999$75,986,520$2,906,6013.83%Denver 34, Atlanta 19
1998$77,253,246$472,0330.61%Denver 31, Green Bay 24
1997$70,853,211$2,265,7013.20%Green Bay 35, New England 21
1996$70,907,801$7,126,14510.05%Dallas 27, Pittsburgh 17
1995$69,591,818-$396,674-0.57%San Francisco 49, San Diego 26
1994$54,483,221$7,481,54113.73%Dallas 30, Buffalo 13
1993$56,811,405$7,174,86912.63%Dallas 52, Buffalo 17
1992$50,334,277$301,2800.60%Washington 37, Buffalo 24
1991$40,080,409$3,512,2418.76%New York Giants 20, Buffalo 19
SEGMENTAMT WAGEREDBOOK W/LRETURN
26 Year Average$81,245,228$6,290,1207.61%
Average Last 5 Years$112,153,662$9,709,3078.42%

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.

And if you want a better chance of winning see if any of our experts have a free pick on the game.