Super Bowl 58 appears to have broken sports betting records, and not just because the game took place in Las Vegas.
As the bounty of online sports betting continues, millions of football fans, in addition to those who placed bets in person, made their way to the Kansas City Chiefs' 25-22 overtime victory over the San Francisco 49ers on Sunday night. bets on mobile phones and laptops. Sportsbooks in Las Vegas and other cities where sports gambling is now legal.
The specific size and scope of bets related to the Super Bowl was unknown as of Monday morning, but some sports betting companies indicated record amounts of bets were exchanged due to Sunday night's thriller event. Published data.
GeoComply Solutions, a Canadian company that monitors location data for some of the major online sportsbooks in the United States, said in a news release Monday that its system experienced a “significant spike in traffic” in the minutes before kickoff. It recorded nearly 15,000 transactions per second. . His GeoComply, which counts DraftKings and FanDuel among its most prominent customers, said this is the highest transaction rate the company has ever recorded.
The company also noted a 15% increase in the number of active accounts it monitored and a 22% increase in the number of location checks it conducted compared to the same period around last year's Super Bowl. These numbers show a significant increase in the number of people placing online bets at regulated sportsbooks. GeoComply said it extracted data from 28 states, plus the District of Columbia and Puerto Rico. According to the American Gaming Association, 38 states currently have legal sports betting markets.
Super Bowl Central: The latest news, stats, odds, matchups and more for Super Bowl 58.
“The continued transition to the legal market set the stage for a historic first Super Bowl in Las Vegas, and the record-breaking results we saw did not disappoint.” said Anna Sainsbury, CEO and co-founder of Comply.
FanDuel announced in a news release that it placed $14 million in bets on the Super Bowl and had a total handle of $307 million. Both are Super Bowl records for the company. These numbers are also a staggering 40% increase from last year's match, which saw him bet close to $10 million worth $215 million on FanDuel.
DraftKings and BetMGM were among the sportsbooks that did not immediately release figures for the number of bets placed on their platforms and stakes during the Super Bowl, but BetMGM reported that most sports bettors released data showing they support the Chiefs. The company said 74% of the game's total handle was on the Chiefs winning, which also accounted for 63% of the bets.
“It was a bad Super Bowl for sportsbooks,” BetMGM senior trader Tristan Davis said in a statement provided to the press. “Many bettors had the Chiefs win or over by propping popular players.”
The exact amount traded on Sunday will never be known. That's simply because there are various forums where American sports fans prefer to bet on the Super Bowl. Sportsbooks allow you to bet not only on the final outcome of a match, but also on what Davis referred to as “player props.” This is a bet on whether an event will occur, such as a certain player scoring a touchdown or rushing for more or less than a certain number of yards. . But there are also more casual bets that take place each year among groups of families and friends, like the Super Bowl square.
Ahead of Sunday's game, the AGA surveyed U.S. adults about their anticipated Super Bowl gambling activity and found that 67.8 million Americans will bet approximately $23.1 billion on Super Bowl 58. estimated.
“This year's record gambling interest marks a full-circle moment for the U.S. gaming industry as the Super Bowl is held in Las Vegas for the first time,” AGA President and CEO Bill Miller said in a statement. “There is,” he said.
Some bettors ended the night more satisfied than others. BetMGM suggested the 49ers needed at least two bets of $200,000 or more to win Sunday night, and at least one $300,000 bet to win on the Chiefs.
caesars sportsbook We highlighted one bettor who placed $5 as a so-called parlay bet, expect the Los Angeles Lakers to win the NBA's in-season tournament, the Texas Rangers to win the MLB World Series, and the Chiefs to beat the 49ers in the Super Bowl. With Sunday's win, bettors turned that $5 into $12,745, Caesars said.
BetMGM is one of several major sportsbooks already looking ahead to next year. The paper lists the 49ers as the favorites to win Super Bowl 59 in New Orleans at 5-to-1 odds.
Contact Tom Schad at firstname.lastname@example.org or on social media @Tom_Schad.