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How Much Money is Bet on the Super Bowl
The totals are in for Super Bowl XLII betting, so I
thought I would take this opportunity to tell you guys
how much money is bet on the Super Bowl. Since
the Super Bowl is the
single biggest game of the year, it is also the biggest
event on the betting calendar with more action on it
than any other game. While many have heard this, most
people don’t really know how much money we’re talking.
Just try to wrap you head around 90 million on one game.
I have listed a chart below that highlights the amount
bet, the amount won, and the winning percentage from
1991 to the present to give you a better perspective on
how betting the big game has changed.
Despite a crackdown in some internet gambling markets,
this year’s Super Bowl still totaled the third most
action of all time with $92,055,833 wagered. 2005 marked
the first year that the 90 million dollar amount was
eclipsed. The following year, when the Pittsburgh
Steelers took on the Seattle Seahawks, we saw our
highest amount of action in Super Bowl betting history
at $94,534,372. There has been a slight decline each of
the past two seasons, but we don’t expect this pattern
to continue. As you can see in this chart, there have
been drop offs before. For example, action on the Super
Bowl reached a new high in 1998 with $77,253,246 wagered
on the big game. Each of the next five years, this
amount was never matched and one year, action even sunk
down into the 60 milling dollar range, where it hadn’t
been since 1995. In 2004, the action came back, going
over the 80 million dollar mark for the first time. We
are confident that you will see Super Bowl bets total
over 100 million in the very near future.
Notice that from 1991 to the present, the amount bet on
the Super Bowl has more than doubled. When Scott Norwood
missed his field goal wide right to solidify a Super
Bowl win for Bills Parcells’ Giants, only $40,080,409
was on the line for the big game. That seemed like a lot
back then and now we have been over the 90 million
dollar mark four straight years.
While Sportsbooks
always seem to clean up on Super Bowl Sunday because of
the large percentage of the population that bets
blindly, make sure that you do your best to cash in on
your wagers. Betting with Jimmy Boyd of Locksmith Sports
is your best option as no one spends more time in the
research room. We may have lost our side on the Patriots
this season, but we cashed in the total and advised
clients on a ton of props, which we gave away for free,
for an overall profitable
Super Bowl betting
year. Jimmy Boyd always makes sure his clients don't pay
their bookie's bills.
Super Bowl Betting Chart
YR BETS W/L W% FINAL SCORE
2008 $92,055,833 $ 2,573,103 -2.8 New York Giants 17,
New England 14
2007 $93,067,358 $ 12,930,175 13.9 Indianapolis 29,
Chicago 17
2006 $94,534,372 $ 8,828,431 9.3 Pittsburgh 21, Seattle
10
2005 $90,759,236 $ 15,430,138 17.0 New England 24,
Philadelphia 21
2004 $81,242,191 $ 12,440,698 15.3 New England 32,
Carolina 29
2003 $71,693,032 $ 5,264,963 7.3 Tampa Bay 48, Oakland
21
2002 $71,513,304 $ 2,331,607 3.3 New England 20, St.
Louis 17
2001 $67,661,425 $ 11,002,636 16.3 Baltimore 34, New
York Giants 7
2000 $71,046,751 $ 4,237,978 6.0 St. Louis 23, Tennessee
16
1999 $75,986,520 $ 2,906,601 3.8 Denver 34, Atlanta 19
1998 $77,253,246 $ 472,033 0.6 Denver 31, Green Bay 24
1997 $70,853,211 $ 2,265,701 3.2 Green Bay 35, New
England 21
1996 $70,907,801 $ 7,126,145 10.1 Dallas 27, Pittsburgh
17
1995 $69,591,818 $ 396,674 -0.6 San Francisco 49, San
Diego 26
1994 $54,483,221 $ 7,481,541 13.7 Dallas 30, Buffalo 13
1993 $56,811,405 $ 7,174,869 12.6 Dallas 52, Buffalo 17
1992 $50,334,277 $ 301,280 0.6 Washington 37, Buffalo 24
1991 $40,080,409 $ 3,512,241 8.8 New York Giants 20,
Buffalo 19
February 9th, 2008
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