Sports Gamblers Expected To Wager A Record $7.6 Billion On Super Bowl LVI

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Sports Gamblers Expected To Wager A Record $7.6 Billion On Super Bowl LVI
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Gamblers across the country are getting their bankrolls ready for what will be a record-setting Super Bowl for sports betting.

Danny, an avid gambler from Colorado, says he’s planning to wager $1,500 on Super Bowl LVI. He’s rooting for the Cincinnati Bengals, who are the underdogs, to beat the Los Angeles Rams.this year is because the two teams that haven’t played the championship in decades.,” he says. “We want new blood. I think this Joe Burrow kid, the Bengals’ quarterback, can turn into an alpha killer in front of our eyes, and it’s exciting stuff.

by the American Gaming Association, 31.4 million Americans plan to bet on Super Bowl LVI, a 35% increase from 2021. Bettors will wager an estimated $7.61 billion, up 78% from last year. where sports betting is legal, including 19 that allow online sports wagering. This means more than 45 million Americans can place a legal wager where they live. Last year, during Super Bowl LV, only 20 states had legal sports betting.

“Without a doubt, the Super Bowl handle is going to be unbelievable,” says Krackomberger, who is also the founder of sports betting app KrackWins. “I've never had a Super Bowl when I didn’t make five figures,” he says. “I'm literally betting my whole bankroll and I should get a 5% to 7% return on everything I bet.”

There are two other forces at play that is driving more people to bet than ever before. Avello says the legalization of mobile sports betting across 30 states has changed the image of gambling. When he was at his last job running the Wynn’s sportsbook in Vegas, Johnny never thought sports betting would go national, mostly because the NFL and other sports leagues wanted nothing to do with sportsbooks.

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