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Super Bowl Betting Breaks Sportsbook Records

February 14, 2023 3


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Super Bowl Betting Breaks Sportsbook Records

The expectations were right as new numbers show Super Bowl 57 was the most wagered on Super Bowl in history. Numbers from GeoComply show 100 millions sports betting transactions were placed of Super Bowl weekend, a 25% increase on last year. Arizona saw great numbers as the host of the big game, totaling over 100,000 transactions around State Farm Stadium and the Glendale area. FanDuel was estimated to handle over 17 million bets with  its peak repacking 50,000 bets placed a second with 2 million users on its app through the course of the game. Betting was just as packed in Las Vegas with MGM Resorts breaking a company record for Super Bowl handle across its nine retail sportsbooks and the BetMGM app. DraftKings posted the largest bet placed with one bettor putting $1.68 million on the Chiefs which paid out $2.68 million. The American Gaming Association (AGA) projected that over 50.4 million U.S. citizens would place a total of $16 billion over the weekend, doubling last years estimate with the AGA estimating around $1 billion to wagered on unregulated or offshore sites, bookies, and social bets. With the Kansas City Chiefs winning Super Bowl 57, DraftKings has already opened new wagers for next years big game, giving the Chiefs 6/1 odds.

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