super bowl sports betting
| Illegal Bets Percentage | Two-thirds of Super Bowl bets were illegal |
|---|---|
| Total Illegal Bets | 228m |
| Total Bets Predicted for Super Bowl 2024 | $23.1 billion |
| Change From Last Year | $7.1 billion increase from last year |
| Overtime Betting Swing | Underdog Chiefs’ rally in overtime resulted in a blow to sportsbooks |
| Overtime Winning Team | Chiefs |
| Overtime Losing Team | 49ers |
| Overtime Result | Chiefs won 25-22 |
| Overtime Betting Impact | Blow to sportsbooks |
Projected Betting Amount for Super Bowl 2024
| Projected Betting Amount for Super Bowl 2024 | Estimated $23.1 billion | Up from $16 billion last year | Group predicted the betting amount for Super Bowl 2024 | |
|---|---|---|---|---|
| Illegal Betting on Super Bowl 2024 | 228m bets on illegal platforms | Despite legalization, illegal betting thrives | ||
| Impact of Super Bowl Overtime on Betting | 2024\u201312\u2013 | Underdog Chiefs’ rally in overtime to pull out a 25\u201322 win over the 49ers | Resulted in a blow to sportsbooks | Big swing for betting public |
Best Betting Promotions for Super Bowl 58
| Subtitle | Illegal Betting on Super Bowl LVIII |
|---|---|
| Percentage of Illegal Bets | Two-thirds |
| Total Bets Placed | 228m |
| Legalization Status | Despite legalization |
| Source | New analysis |
| Context | Sports betting is exploding. |
Legalization of Sports Betting
| Category | Details |
|---|---|
| Super Bowl Betting Legalization | Despite legalization, a significant portion of Super Bowl bets are still placed on illegal platforms. |
| Illegal Bets on Super Bowl LVIII | Approximately 228 million bets were placed on illegal platforms for Super Bowl LVIII. |
| Sports Betting Growth | Sports betting is rapidly growing, with an estimated $23.1 billion to be wagered on Super Bowl 2024, up from $16 billion last year. |
| Impact of Underdog Win | The underdog Chiefs’ rally in overtime resulted in a significant swing against sportsbooks, affecting the betting public’s winnings. |