• contact@thenewscastle.com
  • The Castle, Palace Green, Durham DH1 3RW, United Kingdom

Tremendous Bowl Betting to Entice 50.4M US Adults, $16B in Wagers

Posted on: February 7, 2023, 09:46h. 

Final up to date on: February 7, 2023, 09:46h.

This Sunday’s Tremendous Bowl LVII would be the most-bet recreation in NFL historical past based on the American Gaming Affiliation (AGA), the nationwide commerce group representing the US on line casino business.

Super Bowl sports betting wagering NFL sportsbook
The BetMGM Sportsbook outdoors State Farm Stadium would be the place to be earlier than Tremendous Bowl LVII this Sunday, Feb. 12. The 2023 Tremendous Bowl is anticipated to draw greater than 50.4 million US adults into making a wager on the massive recreation. (Picture: State Farm Stadium)

The AGA every February releases its Tremendous Bowl betting forecast, and this 12 months’s estimates are bigger and richer than ever earlier than. The lobbying agency believes a document 50.4 million US adults — or about 20% of the inhabitants — will place some form of wager on the title match between the Philadelphia Eagles and Kansas Metropolis Chiefs.

The findings had been based mostly on a survey of two,199 US adults. The evaluate was performed by the analysis company Morning Seek the advice of.

These 50.4 million Tremendous Bowl bettors are anticipated to wager $16 billion — greater than double final 12 months’s estimates and likewise a brand new excessive. The numbers embrace wagering via each authorized and unlawful channels.

“Yearly, the Tremendous Bowl serves to focus on the advantages of authorized sports activities betting: bettors are transitioning to the protections of the regulated market, leagues, and sports activities media are seeing elevated engagement, and authorized operators are driving wanted tax income to states throughout the nation,” mentioned AGA President and CEO Invoice Miller.

Miller mentioned the continuing growth of authorized sports activities betting within the US helps enhance curiosity within the NFL. The AGA probe discovered that 34% of NFL followers mentioned the growth of authorized sports activities betting has made watching the NFL extra thrilling.

Greater than half of all bettors — a projected 30 million US adults — plan to put a standard sports activities wager on-line, at a retail on line casino sportsbook, or with a bookie. That’s up 66% from final 12 months. The remaining 20.4 million Tremendous Bowl bettors are anticipated to put a pleasant wager between buddies or take part in an workplace pool.

Authorized Lobbying

It’s the AGA’s mission to encourage betters to solely use regulated sportsbooks and never offshore on-line sports activities betting platforms or native bookies. Miller mentioned regulated sportsbooks present client protections, generate new federal, state, and native taxes, and don’t jeopardize the integrity {of professional} and collegiate sports activities.

As curiosity in authorized sports activities betting continues to broaden, the gaming business stays dedicated to responsibly delivering world class leisure, educating shoppers about easy methods to wager responsibly, and combating unlawful playing as we work to construct a secure, aggressive and sustainable authorized marketplace for all,” Miller defined.

There are at present 33 states and DC which have authorized sports activities betting operational. Three extra states have handed legal guidelines to control sports activities playing however books haven’t but taken their first authorized wagers.

The AGA says greater than half of the nation at this time lives in a authorized sports activities betting state.

Tremendous Bowl Sportsbook

This 12 months’s Tremendous Bowl is being performed in a authorized sports activities betting state for the primary time. State Farm Stadium, residence to the Arizona Cardinals, additionally has an on-site sportsbook.

The BetMGM Sportsbook at State Farm Stadium is situated outdoors of the ticketed space on the stadium complicated’s Nice Garden. The 17,000-square-foot sportsbook has a 265-square-foot video wall, a staffed sports activities betting cage, and 27 self-service wagering kiosks.

As for the sport itself, the Eagles stay a slight 1.5-point favourite over the Chiefs. The over/below is at 50.5 factors.