How Much Did Vegas Lose On Super Bowl 53 Average ratng: 4,8/5 1302 votes

They did it twice, 17-14 in Super Bowl 42 and 21-17 in Super Bowl 46. The formula was constant and wicked pressure from the D front four. Can the Rams do the same? Wade Phillips was Denver’s D coordinator in 2015 and 2016. The Broncos played the Patriots three times, won twice, lost once. Many More Millions Gambled On the Super Bowl Illegally. So those numbers are just in Las Vegas. Numbers vary widely on the reports of legal, Las Vegas betting and illegal betting but most estimates think Nevada only pulls in 2.5% of the total action! So if this is correct then you can assume there is about 40x as much bet on the Super Bowl as.

  1. How Much Did Vegas Lose On Super Bowl 53 Date
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The unnamed bettor who took Las Vegas sportsbooks for more than a reported $10 million on the World Series was back at it for Super Bowl LII -- and he potentially won more on Super Bowl LII with the Philadelphia Eagles.

Over the course of the two weeks leading up to the Super Bowl, the customer known as Bettor X (whose name hasn't been revealed) spread big bucks across town, all on the Eagles.

The New England Patriots closed as consensus 4.5-point favorites over the Eagles, with a total of 49.

All of those tickets cashed when the Eagles defeated the Patriots 41-33 on Sunday night.

Covers.com reported that he made a $3 million bet on the Eagles at the MGM, their second-largest Super Bowl wager ever. It was a moneyline bet.

William Hill U.S. was the second sportsbook to report taking a $1 million bet on the Eagles from Bettor X. Director of trading Nick Bogdanovich said his book accepted a $1 million money-line bet on Philadelphia at plus-165 odds.

Sportsbook operator CG Technology and the South Point both took six-figure money-line wagers on the Eagles for $700,000 and $500,000, respectively, from him. A source told ESPN's David Purdum that Bettor X put down an additional $500,000 on the Eagles moneyline.

Johnny Avello, executive director for Wynn Race & Sports, told Purdum that he also took a 'good-size, six-figure' money-line bet on the Eagles from Bettor X, adding to what had already been lopsided action on Philadelphia.

'He's one of the guys who was floating around betting all that money on the World Series,' veteran Las Vegas bookmaker Jimmy Vaccaro, now of the South Point, told the Associated Press. 'I don't think he lost a bet then. We'll see how he does now.'

'Yeah, I've got him, too,' Avello said to ESPN, regarding the return of the World Series bettor.

ESPN spoke to multiple bookmakers who have taken Bettor X's action and were scratching their heads Monday, trying to figure out he has an edge or if it's all just a run of luck.

Vegas

Purdum confirmed the $3 million money-line bet at MGM. It was made on Jan. 24. On that day, the money-line for Philadelphia ranged from +155 to +185, according to VegasInsider. Rood declined to specify what price the bettor got.

It's unknown if Bettor X hedged at all with bets on the Patriots.

There were a reported five $1 million wagers for this year's Super Bowl. Last year's Super Bowl between New England and the Atlanta Falcons had only one such wager.

A record $138.4 million was bet on last year's Super Bowl at Nevada's sportsbooks. Many books are projecting this year's handle to surpass last year's amount.

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ESPN's David Purdum contributed to this report.

The house wins again.

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Nevada sportsbooks won $18.7 million off $154.6 million in bets on Super Bowl LIV, according to figures released Tuesday by gaming control officials. Both the win and the amount wagered were near-records for Nevada's bookmakers and stand as evidence that Las Vegas remains the epicenter for American sports betting.

The Kansas City Chiefs rallied in the fourth quarter to knock off the underdog San Francisco 49ers 31-20 on Sunday. The Chiefs covered the 1.5-point spread, the game stayed under the 53.5 total and Nevada cleaned up.

The $18.7 million win is behind only the $19.6 million Nevada sportsbooks won on Super Bowl XLVIII between the Seattle Seahawks and Denver Broncos, and the $154.6 million bet is just behind the record $158.5 million that was wagered on Super Bowl LII between the Philadelphia Eagles and New England Patriots.

This was the second Super Bowl since a 2018 Supreme Court decision opened a path for states outside of Nevada to offer regulated sports betting. Since the ruling, legal sportsbooks have opened in 14 states, with several more poised to get into the bookmaking business this year. The expansion hasn't slowed down the action in Nevada, though. A record $5.3 billion was bet with Nevada sportsbooks in 2019.

'The overall picture in Nevada [since the Supreme Court decision] remains positive,' Michael Lawton, senior research analyst for Nevada Gaming Control, said in an email to ESPN. 'Nevada has set annual records in 10 consecutive years for sports pool volume and won $329.1 million in 2019, which is an all-time record and up 9.5% over last year. In fact, since 2010, sports betting volumes in Nevada have increased 92.6% or $2.555 billion.'

Bettors had more success on the Super Bowl in some of the new states offering sports betting. New Jersey sportsbooks reported a $4.2 million net loss on the $54.2 million bet on the Super Bowl, although some of that loss can be attributed to promotions offered by Garden State bookmakers. Pennsylvania sportsbooks reported a $3.3 million loss on the $30.6 million bet on the Super Bowl.

Kip Levin, president and chief operating officer of FanDuel, pointed to in-play wagering as a big factor in the book's Super Bowl loss in New Jersey.

'With their knack of playoff comebacks, there was a lot of interest in the Chiefs when their odds peaked in the fourth quarter,' Levin told ESPN.

He emphasized, though, that FanDuel was still pleased with the betting interest on the Super Bowl, despite the loss.

'I think we have a lot of years to go before revenue, instead of customer acquisition, is the primary metric for success on days like Super Bowl Sunday,' Levin said.

How Much Did Vegas Lose On Super Bowl 53 Date

Vegas

How Much Did Vegas Lose On Super Bowl 53 Box

Rhode Island sportsbooks fared better, winning $804,000 off $5.5 million bet on the Super Bowl, according to state lottery officials. The Oregon state lottery did not report a net result but said more than 90,000 bets totaling more than $2 million were placed on the Super Bowl between the Chiefs and 49ers.