49ers vs. Ravens was biggest bet Super Bowl ever

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Television ratings for the Super Bowl may have been off from the last two years, but the 49ers versus Ravens game was the biggest bet Super Bowl in Nevada history with almost $99 million wagered. This amount tops the 2006 record of $94.5 million in action on the Seahawks vs. the Steelers.

Nevada bookmakers won $7.2 million on the Super Bowl, the most since the 2007 match-up of Bears vs. Colts. Vegas has won money on the Super Bowl 21 of the last 23 years; bettors have won money on the Super Bowl only 2 of the last 23 years.

Keep in mind that Nevada accounts for less than 1% of the worldwide handle on the Super Bowl. Assuming that sportsbooks worldwide won at the same rate as Nevada, bettors conservatively lost over $720 million on Super Bowl XLVII.

Here’s another way to explain how big the action is worldwide: Pregame.com estimates that more money was at risk on the coin flip worldwide than on the entire game (any bet type) in Nevada!

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.