Biggest Super Bowl Bet Sets Big Expectation

So many betting records have fallen this past NFL season it can be hard to keep track. However, the sport’s showcase event, the Super Bowl, may take online sports betting in the US to new heights. Expectations for the Cincinnati Bengals vs. the Los Angeles Rams are already sky-high. Still, the largest-ever mobile sports bet has been placed on the game, and that will make bettors anticipate this game more than in previous years. 

Although this is very exciting, there are many more reasons why this could be the biggest wagering year the Super Bowl has seen. That means there could be plenty of betting opportunities, even for those not ready to drop millions on the game! So read on to discover why this could be the US’ largest betting handle and what that excitement means for bettors like you. 

Millions of Dollars in a Super Bowl Bet

You may have heard of Jim McIngvale, a famous furniture salesman from Houston better known as ‘Mattress Mack’. Well, his bet has caught the attention of national media. The Texan local followed legal regulations in his state and drove to neighboring Louisiana to place the recording-breaking bet with Caesars Sportsbook. 

How much was that bet? $4,534,000 million! He placed the wager on the Bengals to triumph against the Rams. Caesars has since released that if this wager were to come through, Mattress Mack would receive $7,707,800. That’s a huge payout! 

This is the largest mobile bet ever placed and, like a big lottery win, has captured a lot of coverage. Many people will see this wager and consider whether to bet on the Super Bowl themselves. Mattress Mack’s brave bet could pave the way for many casual bettors to get involved. Probably with less money!

New Legal US Betting Markets

It’s not just the largest bet in mobile history that is getting experts excited for the Super Bowl. It is well known that the NFL is the most popular wagering market in the US, and the Super Bowl is the showpiece of the sport. Based on this alone, plenty of bets are expected on the game. 

However, a few new states have welcomed online sports betting since the last Super Bowl. These include Arizona, Louisiana, and New York. New York is already posting incredibly high betting handles, and Arizona has toppled a number of its own betting records since September. 

Sports betting is also becoming more and more integrated with the NFL, with franchises signing partnerships with sportsbooks. Not only that, but some sports broadcasters have started working NFL odds like moneylines into broadcasts. All of this means that NFL betting has never been more popular. Considering how many casual fans tune in to the Super Bowl, you can expect some surge of casual bettors registering for a wager too!

Sportsbooks have gained thousands of new customers as a result. Despite the rush, sportsbooks will be trying to attract more customers to get involved in betting on the Super Bowl. Many betting opportunities and bonuses will be available at sportsbook sites like BetMGM. That means you can find features like boosted odds, free bets, and more when you register with an online sportsbook for the first time. That’s not just for new customers. Regulars can expect their fair share of exciting offers.

Legal Super Bowl Betting in the US

As mentioned above, online sports betting in the US is legalized state-by-state. That’s because when the US Supreme Court struck down the PASPA in 2018, it gave each state the right to legislate online sports wagering. Many states have chosen to do so, including New Jersey, Iowa, and more. 

If you want to take advantage of the many offers available for Super Bowl betting, all you have to do is be within the borders of one of these states. You don’t have to be a resident as long as you are of legal gambling age. Then you’re all set to download a sportsbook app and place wagers on the Super Bowl!

Author: Brandy Simmmons