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Super Bowl in figures: Less Beyoncé, more betting

gambling industry sports betting super bowl

2016-08-26 13:20:25

August 26th, 2016

This year's Super Bowl may have been a disappointment for spectators, who saw little action from Carolina-side, but turned out to be even more profitable than previous years for book-makers. Sports bets on the game have increased, legal and illegal alike.

Viewers remarked that Super Bowl 50, which took place on 7th February and saw the Denver Broncos beat Carolina Panthers 24 to 10, was a relatively joyless spectacle. Besides the constant advertising breaks and Beyoncé’s somewhat outrageous performance, the game was over before the second quarter had even started. By Quarter one, the Broncos were up 10 points.

While this year’s Super Bowl was a long cry from an exciting game, a record total of wagers were placed on the game. In Nevada, sports books generated $132.5m in wagers on the game.

This figure was released by Nevada’s Gaming Control Board (NGCB). The total number was up $16.52m year-on-year. Last year, the total amount stood at $115.98m.

According to the statistics, over the past seven years, the amounts wagered have increased with exception of 2015, which saw a slight slump from 2014.

These official figures can be added to many illegal bets, which the American Gaming Association (AGA) predicted will make up for 97 % of all wagers on this year’s Super Bowl.