Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Gambling in the USA

Who won and who lost in the first year of Super Bowl betting

Published

on

Who won and who lost in the first year of Super Bowl betting
Photo Source: tribpub.com
Reading Time: < 1 minute

 

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.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Advertisement

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.