Over 30 Million U.S. Nationals Expected to Wager on Super Bowl LVI

Super Bowl LVI signage is displayed outside the Los Angeles Convention Center. Mario Tama/Getty Images/AFP.

The top-rated sportsbooks throughout America should anticipate that over 31.5 million wagers will be placed during this year’s Super Bowl, according to the gambling industry’s national trade group.

Calculations made by the American Gaming Association have projected somewhere in the region of $7.5 billion will be wagered on the National Football League’s marquee event of the season – the Super Bowl LVI, which takes place on Sunday, February 13.

While NFL records could be broken on the field, the gambling industry’s national trade group believes the most notable record-breaking moment will surface because of the 31.5 million American’s planning to bet on this year’s event.

Super Bowl Bets Everywhere

The number of Americans planning to bet could surpass the 2021 Super Bowl figures by 35%, and the predicted amount of money wagered will rise 78% from last year. 18.2 million American citizens will place traditional sports bets online, at a local sportsbook, or with a bookie; an additional 18.5 million American’s will partake in casual bets with friends, within pools, or squares contests.

Due to the accelerated rise in legalized sportsbooks across America over the previous twelve months, 76% of bettors have stressed that placing wagers with legal operators is essential – a significant 11% increase from last year.

The American Gaming Associations President and CEO, Bill Miller, commented: “The results are precise; Americans have never been more interested in legal sports wagering.”

“The growth of legal options across the country not only protects fans and the integrity of games and bets but also puts illegal operators on notice that their time is limited.”

Legal sports betting options are live throughout 30 American states and Washington DC, with the remaining states preparing for launch; this allows an extra 40-45 million Americans to place bets from the states they reside in.

Since the 2021 Super Bowl final: Arizona, Connecticut, Louisiana, Maryland, North Carolina, North Dakota, South Dakota, Washington, Wisconsin, and Wyoming have respectively legalized sports betting.

People’s Favorite Bets

Despite proving the oddsmakers wrong on countless occasions during the 2021/22 NFL season, the Cincinnati Bengals are once again being doubted, with just 45% of the tickets coming in on Zac Taylor’s squad. Los Angeles is the bookmakers’ favorite to win the trophy, and the betting public agrees with 55% of bettors expected to place their bets with the Rams.

With that said, reputable sportsbook, FanDuel, has stated that 59% of their spread bets are with the Bengals to cover the 4-point differential. In addition to 76% of wagers siding with the Bengals money line.

These conflicting pieces of information won’t matter when game day arrives, as most final wagers will be placed within the 48 hours leading up to the Super Bowl LVI.