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Super Bowl Gambling Explosion Sees $185 Million in Las Vegas Sportsbook Bets

As expected, legal wagers on the Super Bowl exploded, with more than $185 million in bets flowing into Las Vegas sportsbooks before the game.

Las Vegas Gambling Outlet Saw $185.6 million Bets placed before the NFL championship game shattered the previous record of $179.8 million. new york post report.

However, despite the large total, it appears that “The House” did not win this year. Las Vegas sportsbooks won only $6.8 million of the $186.6 million, or about 3.7% of the total, according to the Nevada Gaming Control Board.

Super Bowl 50 Carolina Panthers vs. Denver Broncos betting lines and approximately 400 propositions at the Races & Sports Superbook at Westgate Las Vegas Resort & Casino in Las Vegas, Nevada on February 2, 2016・Some of the bets are on display. . (Ethan Miller/Getty Images)

Super Bowl 58 will be one of the few Super Bowls where a Las Vegas gambling establishment did not end up being the big winner. In fact, Las Vegas has only finished in second place twice since 1991, the paper added.

Jeffrey Benson, Director of Operations at Circa Sportsbook, was quoted as saying, “It was very disappointing for the Chiefs and OT.” fox sports. “But the lights come on in the morning like always. No one feels bad if the house loses, including my own mother,” Benson added.

Unfortunately for sportsbooks, most players favored the Chiefs in OT. And, you know, they got that prediction right. The much-anticipated result sent sportsbooks to the safe multiple times and customers were paid out.

Kansas City Chiefs wide receiver Mecole Hardman Jr. #12 and quarterback Patrick Mahomes celebrate after a game-winning...

Kansas City Chiefs wide receiver Mecole Hardman scores the game-winning touchdown in overtime against the San Francisco 49ers during Super Bowl III at Allegiant Stadium on February 11, 2024.・Junior #12 and quarterback Patrick Mahomes #15 are happy. Las Vegas, Nevada. (Ethan Miller/Getty Images)

Superbook executive director John Murray added: “The return of the Chiefs is a tough day for us.” “The game going into OT was costly in many ways. And of course we wanted the 49ers to win.”

The game had already broken betting records a week before it took place, with sportsbooks reporting a whopping $23.1 billion in bets across the United States.

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