The betting numbers from the Super Bowl are in, and a number of records were set by sportsbooks and sports betting markets. Las Vegas, Nevada continues to be a market that dominates Super Bowl betting, and that was the case yet again.
The Nevada Gaming Control Board recently announced that the Super Bowl betting handle was $179.8 million, making it the most-bet Super Bowl in history. This shattered the previous mark that was set back in 2018. That year, nearly $159 million was wagered on the Super Bowl won by the Philadelphia Eagles.
This was not the most profitable year for sportsbooks, but they still recorded $15.4 million in net revenue. Nevada started keeping records of this back in 1991 and this was the fourth-highest total since that time.
Not every state in the U.S. has announced Super Bowl betting handle totals yet, but Nevada is currently the leader. Nevada should remain at the top or at least in second place, as most top markets already announced totals.
Nevada was once the top sports betting market in the U.S, but it’s now slipped to third on the list.
GeoComply Reports Other Records
GeoComply tracks sports betting transactions throughout the United States, and it also announced that several records were set. According to the report, 5.6 million different accounts saw action with mobile sportsbooks during Super Bowl weekend.
Not only is this the most all-time, but it was also an increase of 95% from what took place during the Super Bowl in 2021. DraftKings Sportsbook is one of the market leaders for online sports betting; that site was busy during the Super Bowl.
According to a report from Draftkings, an average of around 21,000 bets per minute that were placed in the few minutes leading up to kickoff. Last year, DraftKings reported a number of issues during the Super Bowl, but those were not reported this year.
As states start to announce sports betting totals from February, that’s when it’ll be clear to see just how many bets were placed.
More States Looking to Launch, Legalize
Since the amount of money poured into legal sports betting continues to increase, additional states are looking to legalize. As big a year as 2021 was this industry, it appears that 2022 could see just as much growth.
Arkansas is set to launch mobile sports betting in March. That will happen just before the start of the NCAA Tournament. Ohio has already legalized sports betting, and there is a chance that the industry could launch in 2022.
Missouri and California are trying to find a way to get sports betting legalized. GIven their populations, each could become large sports betting markets. Since the Super Bowl is the biggest sporting event in the U.S., launching before Super Bowl LVII is the goal for many.
