Projection: $500 million-plus in Super Bowl LV bets in regulated in U.S. markets

Projection: $500 million-plus in Super Bowl LV bets in regulated in U.S. markets

Article brief provided by PlayUSA
  • Eric Ramsey, PlayUSA
January 29, 2021 7:04 AM
  • Eric Ramsey, PlayUSA

If US sports betting had its own national holiday, it would no doubt be a commemoration of Super Bowl Sunday. Millions of fans around the world wager billions of dollars on the annual NFL football championship, making it the most anticipated day of the year for bookmakers and bettors alike.

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PlayUSA projects that Americans will legally wager more than $500 million on Super Bowl LV across all regulated US markets, representing a substantial uptick from the estimated $300 million in 2020.

This year’s grand gambling celebration lands on Feb. 7 with an epic quarterback matchup between Tom Brady and Patrick Mahomes. While Brady’s Tampa Bay Buccaneers will be the first team in league history to host the Big Game in their home stadium, they remain a consensus three-point underdog to the Kansas City Chiefs.

Sportsbooks expect a shootout too, with the total brushing up against a Super Bowl record 57 points.