Nevada bettors fail to break Super Bowl wagering record
Sunday’s Super Bowl match up between the New England Patriots and the Los Angeles Rams was not exactly an exciting game. It featured two teams that aren’t exactly beloved across the country; not much in the way of scoring; and a halftime show that was dry as white toast, but none of that mattered to the betting public in Las Vegas.
Las Vegas casinos took in approximately $145.9 million worth of action on the game and its myriad of proposition wagers over the course of the weekend. That’s a massive amount of cash to be passing through Silver State sportsbooks, but it failed to hit the record of $168 million that was wagered on last year’s game. Of that $145.9 million, the casinos banked around $10 million. That’s a massive leap forward over last year’s take, which came out to just a little more than $1 million, according to the Las Vegas Review Journal.
Sunday’s low-scoring, low excitement game wasn’t the blowout that many were predicting, which played in the casinos’ favor, especially when it came to proposition bets. But that didn’t keep the public from banking big on weird wagers. One savvy Nevadan banked $100,000 on a $250 wager that the Rams would score only three points. The odds on that particular proposition were 400-1.
While Nevada casinos were hopping with regulated sports bets, New Jersey casinos didn’t see quite as much action with only about a $35 million handle. That said, Garden State sportsbooks reported a large number of new signups on their mobile apps, which has tremendous value, too.
All told, regulated sportsbooks took in a pretty decent handle for a game that was met with something less than enthusiasm by much of the American public.