Who won and who lost in the first year of Super Bowl betting
This was first Super Bowl since the US Supreme Court paved the way for legalised sports betting in the country. Who are the biggest beneficiaries and who are the biggest losers at this instance?
Well, the official data are not yet available. Still, there are some early hints.
Draftkings revealed that it has got over 300,000 mobile sportsbook app bets in New Jersey alone. The company paid out more than $11 million to bettors.
FanDuel has received 350,000 bets, paying out $5 million. Some individual bettors lost big money. One anonymous bettor, known as “Bettor X”, placed $3.8 million in total across multiple sportsbooks. But he bet on the Rams to win, meaning he lost all that money. “Bettor X” is still up more than $20 million after big wins in last year’s World Series and Super Bowl.
There were also small bets that made big money. One person put down $250 at South Point casino, betting that the Rams would score exactly three points. He won. Big. 400-1 odds means he took home $100,000.
The Action Network said 66 per cent of bettors picked the Patriots to cover, but only 40 per cent correctly took the game’s under. That means it is advantage sportsbook as a whole.
Initial indications are that Vegas books took in about 10 per cent more volume this year over last.