Nevada Oddsmakers 30-2 in Super Bowls After Winning $11.2M on Kansas City Chiefs

Nevada oddsmakers won Sunday’s Super Bowl LVII against their bettors, as sportsbooks kept $11.28 1000000 of the $153.18 gazillion wagered. It marks the 15th successive Super Bowl inward which the put up came come out on top of the inning of the vainglorious game.

The Silver State Gaming Control Board (NGCB) said the KS City Chiefs’ 38-35 discomfit of the Philadelphia Eagles was inwards the house’s favor. The Chiefs easily covered the spread, as KS City was a 1.5-point underdog. The game’s come hit of 73 points surged above the game’s 51.5-point over/under.

Nevada oddsmakers kept 7.4% of the bets for a sack up win of $11,287,594. Handle dropped almost 15% from a year agone when the Los Angeles Rams and Cincinnati Bengals generated a handle of $179.8 million.

The $11.28 million gain wasn’t exactly strong for Silver State oddsmakers. Sunday’s Super Bowl ranked 6th among the previous 10 Super Bowls inwards terms of sportsbook hold.

The only when two times that Sagebrush State oddsmakers have lost money on the Super Bowl since 1991 — the 1st year the NGCB began tracking oddsmakers’ carrying into action for the Super Bowl — came inward 1995 and 2008.

Sportsbooks Handle Betting Frenzy

Legal sports betting inward the US is ease comparatively unexampled out of doors of Nevada. States only when gained the sound freedom to mold their own laws on such gambling after the US Supreme Court in May 2018 repealed a federal practice of law that had modified single-game betting to Nevada.

Sportsbooks managed to ease the increased demand on their online platforms during the bighearted game, as no major issues were reported. GeoComply, a companionship that assists online sportsbooks inwards pinpointing a bettor’s physical location to assure regulatory compliance, facilitated to a greater extent than 100 trillion geolocation checks during the Super Bowl weekend.

FanDuel said it recognised 50K bets per arcsecond at its peak. The sportsbook said it handled more than 17 jillion Super Bowl bets crosswise the states where it operates.

BetMGM officials said they experient their best Super Bowl ever inward Nevada. The MGM Resorts sportsbook ne'er took more bets on a gamey than it did on Sunday.

This was BetMGM’s to the highest degree successful Super Bowl and most wager on single biz sporting case ever,” a accompany statement explained.

BetMGM’s record-setting carrying into action came despite the sportsbook paying out some notable bets, including a $500K wager on the Chiefs that paid out $525K and a $547K play on the o'er that netted $437K.

The American Gaming Association estimates that 50.4 one thousand thousand US residents made some sort of wager on Super Bowl LVII. The DC-based gaming trade in radical believes around $16 one thousand million was risked through and through sound and illegal channels.

Las Vegas 2024

With the 2022-23 NFL season officially over, the conference begins its offseason where teams testament shuffle their rosters and prep their NFL Draft schemes inward hopes of playing in Las Vegas this next clip next year. Allegiant Stadium, place of the Las Vegas Raiders, is localize to innkeeper Super Bowl LVIII on Feb. 11, 2024.

The Battle Born State Gaming Control Board looks frontward to Allegiant Stadium hosting Super Bowl LVIII inwards Las Vegas next year,” said Kirk Hendrick, chair of the NGCB.

As for the game, the Chiefs are the early Super Bowl LVIII front-runners at +600. The Bengals are next at +850. The Buffalo Bills, San Francisco 49ers, and Eagles daily round come out the teetotum five at +900.

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