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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 is 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 gambling done worldwide.

2023 Was Below Average in Profit for Sportsbooks

Super Bowl 57 between the Kansas City Chiefs and the Philadelphia Eagles ranked as the fourth most wagered on contest of all-time with $153.1 million in wagers taken. It was a solid turnout for Vegas sportsbooks, but a significant drop from last season’s record-breaking $179.8 million figure.

It’s also worth noting that while books certainly didn’t lose money, it was their worst return since 2018 at just 3.6%.

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.

How Much Las Vegas Sportsbooks Make on the Super Bowl Wagers

2023$153,183,002$5,455,3753.6%Kansas City 38, Philadelphia 35
2022$179,823,715$15,413,2288.6%Los Angeles Rams 23, Cincinnati 20
2021$136,096,460$12,574,1259.2%Tampa Bay 31, Kansas City 9
2020$154,679,241$18,774,14812.1%Kansas City 31, San Francisco 20
2019$145,939,025$10,780,3197.4%New England 13, LA Rams 3
2018$158,586,934$1,170,4320.7%Philadelphia 41, New England 33
2017$138,480,136$10,937,8267.9%New England 34, Atlanta 28
2016$132,545,587$13,314,53910.0%Denver 24, Carolina 10
2015$115,986,086$3,261,0662.8%New England 28, Seattle 24
2014$119,400,000$19,700,00016.5%Seahawks 43, Broncos 8
2013$98,936,798$7,206,4607.3%Ravens 34, 49ers 31
2012$93,899,840$5,064,4705.4%Giants 21, Patriots 17
2011$87,491,098$724,1760.8%Green Bay 31, Pittsburgh 25
2010$82,726,367$6,857,1018.3%New Orleans 31, Indianapolis 17
2009$81,514,748$6,678,0448.2%Pittsburgh 27, Arizona 23
2008$92,055,833($2,573,103)-2.8%N.Y. Giants 17, New England 14
2007$93,067,358$12,930,17513.9%Indianapolis 29, Chicago 17
2006$94,534,372$8,828,4319.3%Pittsburgh 21, Seattle 10
2005$90,759,236$15,430,13817.0%New England 24, Philadelphia 21
2004$81,242,191$12,440,69815.3%New England 32, Carolina 29
2003$71,693,032$5,264,9637.3%Tampa Bay 48, Oakland 21
2002$71,513,304$2,331,6073.3%New England 20, St. Louis 17
2001$67,661,425$11,002,63616.3%Baltimore 34, New York Giants 7
2000$71,046,751$4,237,9786.0%St. Louis 23, Tennessee 16
1999$75,986,520$2,906,6013.8%Denver 34, Atlanta 19
1998$77,253,246$472,0330.6%Denver 31, Green Bay 24
1997$70,853,211$2,265,7013.2%Green Bay 35, New England 21
1996$70,907,801$7,126,14510.0%Dallas 27, Pittsburgh 17
1995$69,591,818($396,674)-0.6%San Francisco 49, San Diego 26
1994$54,483,221$7,481,54113.7%Dallas 30, Buffalo 13
1993$56,811,405$7,174,86912.6%Dallas 52, Buffalo 17
1992$50,334,277$301,2800.6%Washington 37, Buffalo 24
1991$40,080,409$3,512,2418.8%New York Giants 20, Buffalo 19
All-Time Averages$96,338,317$7,231,7757.5%
Average Last 5 Years$153,944,289$12,599,4398.2%

How Much is Bet by State (Legally)

While Vegas didn’t see as much action as they did last year, it was a record year in other states where sports betting is now legal. Notably, this was the first year a Super Bowl has been held in a state (Arizona) where betting is legal.
There are state-by-state numbers out there for some states if you care to look, however, not all data is available publicly, which makes it hard to get a full picture of just how much money the big game brings in.
The American Gaming Association (AGA) does provide estimates based on all of the available data and they place the amount of legal wagers through traditional sportsbooks around $1 billion.

Many More Millions Gambled On the Super Bowl Illegally

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!  Most recently, the AGA’s research estimates that nearly $16 billion dollars in total was wagered on this year’s Super Bowl, more than double their estimate for last year!

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

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