The sports books in the USA ended one of the most profitable football seasons in the world, with a great victory in the Super Bowl.
Over $ 136 million was wagered on Super Bowl LV with Nevada sports cards. State books earned $ 12.6 million net of angering Tampa Bay chefs over Kansas City bosses, according to figures released Tuesday by the Nevada Gaming Control Board.
$ 136 million bets fell 12 percent from last year’s Super Bowl, in part due to occupancy restrictions at Las Vegas casinos amid the coronavirus pandemic. However, it was the fifth most since the state began pursuing gambling in 1991. Five of the six $ 1 million bets reported at the Super Bowl were placed in Nevada.
Illinois, New Jersey and Pennsylvania have also been among the states that have reported Super Bowl victories, as the betting handle has grown in many of the jurisdictions that have launched legal sports betting markets in recent years. Data from geolocation company GeoComply showed a 267% year-over-year increase in online betting over the Super Bowl weekend – despite several sports cards facing service interruptions in the hours before and during the game.
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About $ 117.4 million was wagered on the Super Bowl with New Jersey sports cards – a 116% increase over last year’s game. After suffering a net loss in the first two Super Bowls, the New Jersey books won $ 11.3 million.
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Illinois sportsbooks took $ 45.6 million in Super Bowl bets – 94% of them placed online – and won $ 7.7 million net on the state’s first Super Bowl with a legal betting market.
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Pennsylvania sports books bet $ 53.6 million on the Super Bowl and won a net income of $ 9.4 million. The sports cards did well with the Bucs who turned their heads and covered the 3-point difference in a 31-9 game, which recorded a lower score than expected.
“Overall, a solid day,” Adam Pullen, assistant director of trading for William Hill USA, told ESPN. “It simply came to our notice then [the total] and Tampa [covering the spread] was the preferred result. Not many crazy photos happened that the public likes to bet on, which was good for us. “
One of the long shots that took place was the quarterback of the boss Patrick Mahomes, who threw zero touchdown steps. A New Jersey bettor placed a $ 3,000 bet with William Hill US on Muhammad who did not throw for a score at 15-1 and won a net of $ 45,000.
In 2020, Nevada sports books won a net worth of $ 122.4 million in football betting – both college and professional – making it the most profitable football year ever for state bookmakers.
Over the course of the season, the amount bet on the chances of winning the Super Bowl has dropped significantly, and bookmakers have prepared for a possible big drop in Super Bowl bets, especially with casinos limited to 25% capacity.
Jay Kornegay, vice president of racing and sports operations for the SuperBook at Westgate Las Vegas, said the Super Bowl betting handle at his store is similar to how much he bet on last year’s game between the Chiefs and the San Francisco 49ers.
“In fact, we did better in this year’s game than last year,” Kornegay said. “But the total number has decreased compared to last year, but mainly because of [Super Bowl] The futures pool is much shorter than last year. “
In normal times, Kornegay says that the Super Bowl on Sunday in the book of bets feels that there will be a heavy fight. This year, he said he felt more like a “welterweight” fight.