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How Much Money Will Be Bet on Super Bowl 58?

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Total Money Bet on Super Bowl 58 Will Be Huge, But How Huge?

Look, nobody knows. Nobody has any idea how much money will be bet on Super Bowl 58. You can find estimates for bets placed at legal sportsbooks, estimates for bets placed on offshore sportsbooks, and even estimates including random bets with friends, office pools, and parties. But putting a concrete number on it is completely impossible.

We’ve rounded up some estimates for how much money will be bet on Super Bowl 58 from reputable places, though, and that can give you a general idea. And the answer is, via any estimation methodology: a lot.

Kansas City Chiefs vs San Francisco 49ers Super Bowl 58 Overview

Sunday, February 11Super Bowl Betting Notes (Courtesy of Caesars)
Spread:Kansas City Chiefs +2.5 vs San Francisco 49ers
Total:47.5 (Over -110 / Under -110)
Game Time:6:30pm ET / 3:30pm PT
Arena:Allegiant Stadium in Las Vegas, NV
Super Bowl 58 Information

What US States Allow Legal Betting on the Super Bowl?

  • Arizona
  • Arkansas
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Nevada
  • New Hampshire
  • New Jersey
  • New York
  • Ohio
  • Oregon
  • Pennsylvania
  • Rhode Island
  • Tennessee
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wyoming

However, legal sportsbooks only tell part of the story of how much money will be bet on Super Bowl 58. That doesn’t include how much will be bet informally or at offshore books, both of which account for huge amounts of money. Informal bettors, those not expected to use a sportsbook, but betting between friends, office pools, etc, are likely to top 30 million people.

Estimates for Total Money Bet on Super Bowl 2024:

The American Gaming Association estimate a staggering $23.1 billion will be bet on the Super Bowl this year! That figure comprises the total money wagered by an estimated 67 million Americans who will bet.

This total number is quite an increase over the estimated $16 billion bet on Super Bowl 57, in 2023.

Eilers & Krejcik Gaming, on the other hand, estimates that $1.25 billion will be bet on the Super Bowl via licensed American sportsbooks. This is interesting, as the expectation is about 7% of total bets will actually come from legal channels. They estimate 13% of that will come from Nevada, followed by 12% from New York and about 10% from New Jersey.

Casual betting, be it between friends and/or office pools may comprise up to 55-60% of the $23 billion bet, while there are estimates that suggest up to $5-$6 billion will be bet on the game via offshore sportsbooks.

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49ers vs Chiefs 2024 Super Bowl Best Bets & Picks From WagerTalk – How Much Money Will Be Wagered?

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