How Much Betting Revenue is Behind the Super Bowl?

The Super Bowl is – without doubt – one of the biggest events in the global sporting calendar, with millions and millions of people tuning in to watch the grand finale of the National Football League (NFL) from all four corners of the globe.

And just as most major sports are extremely popular, when it comes to sports betting, the NFL Super Bowl is no exception to this – with billions of US dollars spent each year by people looking to try their luck at betting on this major sporting spectacle. If you are looking to find the best ways to bet on the Super Bowl 2022 then click on the following link to find out more.

So, how much is being spent on betting on the Super Bowl?

With there being an ever-increasing number of legal betting markets now operating throughout the United States of America, those looking to have a flutter on the Super Bowl do not have to look far to find a reputable betting company to bet with.

The 2021 Super Bowl – Tampa Bay Buccaneers v Kansas City Chiefs

Super Bowl LV – which saw the Tampa Bay Buccaneers defeat the champions of the American Football Conference, the Kansas City Chiefs – turned out to be a record-breaker, with an eye-watering amount of money being generated by those placing a bet on the NFL season finale.

A figure in excess of US$4.3 billion was taken by betting companies around the US for the 2021 Super Bowl – which made it the biggest single-event legal handle in the history of American Sports Betting.

The bets were believed to have been made by a staggering 23.2 million Americans, which certainly shows just how popular the event is to the nation’s people.

Why is the Super Bowl so popular when it comes to sports betting?

Well, first and foremost, American Football is the most popular sport amongst Americans – with millions of people drawn to the sport’s National Football League.

With the Super Bowl being broadcasted across the globe – including in pretty much every household in the US alone – there is no doubt that it becomes an attractive spectacle to sport bettors. And it is not just the NFL fans that look to the game as an opportunity to place a bet, as plenty of casual sports bettors – including those that may have never placed a bet before – are keen to try their luck.

The Super Bowl of 2021 even saw two of the biggest wins at one of the nation’s major sports betting companies, BetMGM – with two individuals winning US$2 million and US1.35 million from the bets that they placed on the game.

In fact, the ten most-bet sporting events in the US last year (2021) all came from the National Football League (NFL). And with American football continuing to build its fanbase – there is little to doubt that this trend will continue into 2022. Other major sports that are also a hit when it comes to sports betting in the US, include the likes of hockey, basketball, soccer, golf and horse racing.

In conclusion

It is clearly evident that the National Football League’s season finale, the Super Bowl, is continuing to grow in popularity – not only with fans of American football itself, but also with those that enjoy sports betting.

Year-on-year the amount of money being spent on betting on the Super Bowl has increased – with an even bigger number expected to be placed on betting on the 2022 Super Bowl final. With Super Bowl LVI – due to take place next month (13 February) – now is the time for people to start doing their research, and to find out all they need to know about the front runners that are hoping to get their hands on the coveted Super Bowl trophy.

You can find out more about the 2022 Super Bowl Final – which is due to take place at the SoFi Stadium in Los Angeles – including how to watch the game, as well who the competition’s frontrunners are by checking out this Yahoo! Sports article.