{"id":25948,"date":"2024-02-11T12:16:21","date_gmt":"2024-02-11T17:16:21","guid":{"rendered":"https:\/\/www.wagertalk.com\/news\/?p=25948"},"modified":"2024-02-11T12:16:24","modified_gmt":"2024-02-11T17:16:24","slug":"how-much-money-will-be-bet-on-super-bowl-58","status":"publish","type":"post","link":"https:\/\/www.wagertalk.com\/news\/nfl\/how-much-money-will-be-bet-on-super-bowl-58\/","title":{"rendered":"How Much Money Will Be Bet on Super Bowl 58?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Total Money Bet on Super Bowl 58 Will Be Huge, But How Huge? <\/h2>\n\n\n\n<p>Look, nobody knows.  <strong>Nobody has any idea how much money will be bet on Super Bowl 58.<\/strong>  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. <\/p>\n\n\n\n<p><strong>We&#8217;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.<\/strong>  And the answer is, via any estimation methodology: a lot.  <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Kansas City Chiefs vs San Francisco 49ers Super Bowl 58 Overview<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Sunday, February 11<\/th><th>Super Bowl Betting Notes (Courtesy of <a href=\"https:\/\/wlwilliamhillus.adsrv.eacdn.com\/C.ashx?btag=a_11692b_2550c_&amp;affid=299&amp;siteid=11692&amp;adid=2550&amp;c=\" target=\"_blank\" rel=\"noreferrer noopener\">Caesars<\/a>)<\/th><\/tr><tr><td>Spread:<\/td><td>Kansas City Chiefs +2.5 vs San Francisco 49ers<\/td><\/tr><tr><td>Total:<\/td><td>47.5 (Over -110 \/ Under -110)<\/td><\/tr><tr><td>Game Time:<\/td><td>6:30pm ET \/ 3:30pm PT<\/td><\/tr><tr><td>Arena:<\/td><td>Allegiant Stadium in Las Vegas, NV<\/td><\/tr><tr><td>TV:<\/td><td><strong>CBS<\/strong><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Super Bowl 58 Information<\/figcaption><\/figure>\n\n\n\n<p><strong>What US States Allow Legal Betting on the Super Bowl?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Arizona<\/li>\n\n\n\n<li>Arkansas<\/li>\n\n\n\n<li>Colorado<\/li>\n\n\n\n<li>Connecticut<\/li>\n\n\n\n<li>Delaware<\/li>\n\n\n\n<li>Florida<\/li>\n\n\n\n<li>Illinois <\/li>\n\n\n\n<li>Indiana<\/li>\n\n\n\n<li>Iowa<\/li>\n\n\n\n<li>Kansas<\/li>\n\n\n\n<li>Kentucky <\/li>\n\n\n\n<li>Louisiana<\/li>\n\n\n\n<li>Maine<\/li>\n\n\n\n<li>Maryland<\/li>\n\n\n\n<li>Massachusetts<\/li>\n\n\n\n<li>Michigan<\/li>\n\n\n\n<li>Nevada<\/li>\n\n\n\n<li>New Hampshire<\/li>\n\n\n\n<li>New Jersey<\/li>\n\n\n\n<li>New York<\/li>\n\n\n\n<li>Ohio<\/li>\n\n\n\n<li>Oregon<\/li>\n\n\n\n<li>Pennsylvania<\/li>\n\n\n\n<li>Rhode Island<\/li>\n\n\n\n<li>Tennessee<\/li>\n\n\n\n<li>Vermont<\/li>\n\n\n\n<li>Virginia<\/li>\n\n\n\n<li>Washington<\/li>\n\n\n\n<li>West Virginia<\/li>\n\n\n\n<li>Wyoming<\/li>\n<\/ul>\n\n\n\n<p>However, legal sportsbooks only tell part of the story of how much money will be bet on Super Bowl<strong> <\/strong>58.  That doesn&#8217;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. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Estimates for Total Money Bet on Super Bowl 2024:<\/h2>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>This total number is quite an increase over the estimated $16 billion bet on Super Bowl 57, in 2023.  <\/p>\n\n\n\n<p><a href=\"https:\/\/ekgamingllc.com\/\" target=\"_blank\" rel=\"noopener\">Eilers &amp; Krejcik Gaming<\/a>, 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.<\/p>\n\n\n\n<p>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.   <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Super Bowl 58 EXPERT PICKS: <\/h2>\n\n\n\n<p>Going to Bet the Super Bowl? Check out incredible free Super Bowl Picks and amazing expert premium picks &#8211; from all the legendary handicappers on WagerTalk. <\/p>\n\n\n\n<p><em>PREMIUM, <\/em>expert picks for the Super Bowl from professional football handicappers.   <\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-black-color has-luminous-vivid-amber-background-color has-text-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/www.wagertalk.com\/picks\/NFL\"><strong>BUY EXPERT PREMIUM SUPER BOWL PICKS<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p>Free Super Bowl Picks.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-black-color has-text-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/www.wagertalk.com\/free-sports-picks\/nfl\" style=\"background-color:#00ff00\"><strong>FIND FREE NFL PICKS<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">49ers vs Chiefs 2024 Super Bowl Best Bets &amp; Picks From WagerTalk &#8211; How Much Money Will Be Wagered?<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Get $15 Free from WagerTalk<\/h2>\n\n\n\n<p><a class=\"anchor\" id=\"newsletterfrm\"><\/a>\n<div class=\"hottest_play_area\">\n  <div id=\"newsletter_widget\" class=\"hottest_play_third_area newsletter_widget\">\n    <div class=\"hottest_play_third_area_content\">\n      <div class=\"sign-up-offer-text\">\n        <p>SPECIAL OFFER FOR FIRST TIME SUBSCRIBERS<\/p>\n      <\/div>\n      <div class=\"newsletter-thank new\" style=\"display: none;\">\n        <a class=\"anchor-newsletter\"><\/a>\n        Thanks for signing up! 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Track the run spreads, totals and betting percentages for all <a href=\"http:\/\/nfl.com\" data-type=\"link\" data-id=\"nfl.com\" target=\"_blank\" rel=\"noopener\">NFL<\/a> games including Kansas City Chiefs and San Francisco 49ers. <\/p>\n\n\n\n<p><strong>**************************************************<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Looking for more free sports picks and sports betting tips?<\/h4>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Latest Betting Odds and Public Action<\/strong><strong>:&nbsp;<\/strong><a href=\"http:\/\/wt.buzz\/odds\" rel=\"noreferrer noopener\" target=\"_blank\">Vegas lines<\/a>&nbsp;updated in real time, including who the public is betting on.<\/li>\n\n\n\n<li><strong>Last Minute Handicapping Advice<\/strong>: Check out our extensive library of&nbsp;<a href=\"https:\/\/www.wagertalk.com\/sports-betting-guide\" target=\"_blank\" rel=\"noreferrer noopener\">handicapping tips<\/a>&nbsp;and advice from professional Vegas handicappers (we also recommend taking the time to look over our&nbsp;<a href=\"https:\/\/www.wagertalk.com\/videos\" target=\"_blank\" rel=\"noreferrer noopener\">sports betting tips video library<\/a>)<\/li>\n\n\n\n<li><strong>Want an expert opinion?<\/strong>&nbsp;Check out the latest&nbsp;<a href=\"https:\/\/www.wagertalk.com\/free-sports-picks\" target=\"_blank\" rel=\"noreferrer noopener\">Free Sports Picks<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/www.wagertalk.com\/picks\" target=\"_blank\" rel=\"noreferrer noopener\">Best Bets<\/a>&nbsp;from our team of expert sports handicappers.<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Make sure to bookmark all the above!<\/strong><\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">WagerTalk Daily Free Picks: <\/h2>\n\n\n\n<p>Wagertalk is the home of <a href=\"https:\/\/www.wagertalk.com\/free-sports-picks\/nfl\" target=\"_blank\" rel=\"noreferrer noopener\">free NFL picks<\/a>! You can also find, each day: <\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.wagertalk.com\/free-sports-picks\/nba\">Free NBA Picks<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.wagertalk.com\/free-sports-picks\/college-basketball\">Best College Basketball Bets Today<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.wagertalk.com\/free-sports-picks\/NHL\">Free NHL Picks<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.wagertalk.com\/free-sports-picks\/college-football\">Free College Football Picks<\/a><br><br><br><br><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5638,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[510,8723,8760,8755,2213,8756,8757,8759,8758,8761],"class_list":["post-25948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nfl","tag-super-bowl","tag-super-bowl-58","tag-super-bowl-betting","tag-super-bowl-channel","tag-super-bowl-odds","tag-super-bowl-radio","tag-super-bowl-streaming","tag-super-bowl-time","tag-watch-super-bowl","tag-what-time-is-the-super-bowl"],"basic_html":"\n<h2 class=\"wp-block-heading\">Total Money Bet on Super Bowl 58 Will Be Huge, But How Huge? <\/h2>\n\n\n\n\n\n<p>Look, nobody knows.  <strong>Nobody has any idea how much money will be bet on Super Bowl 58.<\/strong>  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. <\/p>\n\n\n\n\n\n<p><strong>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.<\/strong>  And the answer is, via any estimation methodology: a lot.  <\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Kansas City Chiefs vs San Francisco 49ers Super Bowl 58 Overview<\/h2>\n\n\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Sunday, February 11<\/th><th>Super Bowl Betting Notes (Courtesy of <a href=\"https:\/\/wlwilliamhillus.adsrv.eacdn.com\/C.ashx?btag=a_11692b_2550c_&amp;affid=299&amp;siteid=11692&amp;adid=2550&amp;c=\" target=\"_blank\" rel=\"noreferrer noopener\">Caesars<\/a>)<\/th><\/tr><tr><td>Spread:<\/td><td>Kansas City Chiefs +2.5 vs San Francisco 49ers<\/td><\/tr><tr><td>Total:<\/td><td>47.5 (Over -110 \/ Under -110)<\/td><\/tr><tr><td>Game Time:<\/td><td>6:30pm ET \/ 3:30pm PT<\/td><\/tr><tr><td>Arena:<\/td><td>Allegiant Stadium in Las Vegas, NV<\/td><\/tr><tr><td>TV:<\/td><td><strong>CBS<\/strong><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Super Bowl 58 Information<\/figcaption><\/figure>\n\n\n\n\n\n<p><strong>What US States Allow Legal Betting on the Super Bowl?<\/strong><\/p>\n\n\n\n\n\n<ul>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n<\/ul>\n\n\n\n\n\n<p>However, legal sportsbooks only tell part of the story of how much money will be bet on Super Bowl<strong> <\/strong>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. <\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Estimates for Total Money Bet on Super Bowl 2024:<\/h2>\n\n\n\n\n\n<p>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.<\/p>\n\n\n\n\n\n<p>This total number is quite an increase over the estimated $16 billion bet on Super Bowl 57, in 2023.  <\/p>\n\n\n\n\n\n<p><a href=\"https:\/\/ekgamingllc.com\/\">Eilers &amp; Krejcik Gaming<\/a>, 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.<\/p>\n\n\n\n\n\n<p>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.   <\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Super Bowl 58 EXPERT PICKS: <\/h2>\n\n\n\n\n\n<p>Going to Bet the Super Bowl? Check out incredible free Super Bowl Picks and amazing expert premium picks - from all the legendary handicappers on WagerTalk. <\/p>\n\n\n\n\n\n<p><em>PREMIUM, <\/em>expert picks for the Super Bowl from professional football handicappers.   <\/p>\n\n\n\n\n\n<div class=\"wp-block-buttons\"><\/div>\n\n\n\n\n\n<p>Free Super Bowl Picks.<\/p>\n\n\n\n\n\n<div class=\"wp-block-buttons\"><\/div>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">49ers vs Chiefs 2024 Super Bowl Best Bets &amp; Picks From WagerTalk - How Much Money Will Be Wagered?<\/h2>\n\n\n\n\n\n<h2 class=\"wp-block-heading\"><\/h2>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">Get $15 Free from WagerTalk<\/h2>\n\n\n\n\n\n<p><a class=\"anchor\" id=\"newsletterfrm\"><\/a>\n<div class=\"hottest_play_area\">\n  <div id=\"newsletter_widget\" class=\"hottest_play_third_area newsletter_widget\">\n    <div class=\"hottest_play_third_area_content\">\n      <div class=\"sign-up-offer-text\">\n        <p>SPECIAL OFFER FOR FIRST TIME SUBSCRIBERS<\/p>\n      <\/div>\n      <div class=\"newsletter-thank new\" style=\"display: none;\">\n        <a class=\"anchor-newsletter\"><\/a>\n        Thanks for signing up! 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Track the run spreads, totals and betting percentages for all <a href=\"http:\/\/nfl.com\" data-type=\"link\" data-id=\"nfl.com\">NFL<\/a> games including Kansas City Chiefs and San Francisco 49ers. <\/p>\n\n\n\n\n\n<p><strong>**************************************************<\/strong><\/p>\n\n\n\n\n\n<h4 class=\"wp-block-heading\">Looking for more free sports picks and sports betting tips?<\/h4>\n\n\n\n\n\n<ul>\n\n\n\n<\/ul>\n\n\n\n\n\n<p><em><strong>Make sure to bookmark all the above!<\/strong><\/em><\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">WagerTalk Daily Free Picks: <\/h2>\n\n\n\n\n\n<p>Wagertalk is the home of <a href=\"https:\/\/www.wagertalk.com\/free-sports-picks\/nfl\" target=\"_blank\" rel=\"noreferrer noopener\">free NFL picks<\/a>! You can also find, each day: <\/p>\n\n\n\n\n\n<ul>\n\n\n\n\n\n<\/ul>\n","_links":{"self":[{"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/posts\/25948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/comments?post=25948"}],"version-history":[{"count":9,"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/posts\/25948\/revisions"}],"predecessor-version":[{"id":26079,"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/posts\/25948\/revisions\/26079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/media\/5638"}],"wp:attachment":[{"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/media?parent=25948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/categories?post=25948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wagertalk.com\/news\/wp-json\/wp\/v2\/tags?post=25948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}