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SportsTranscript
00:00 [MUSIC]
00:05 >> Tell us Sam, was the Super Bowl the most bet event of all time?
00:09 [BLANK_AUDIO]
00:11 >> It's looking like that's a yes.
00:13 Now, not all the numbers are totally in, but so far, returns from states like
00:18 New York and Nevada are projecting that it smashed forecasts.
00:23 And so far you got about $1.3 billion expected to have been bet on the game,
00:28 which is just huge when you think about it.
00:30 Obviously, that's a lot of money, but when you put it in the perspective of where
00:33 money comes from, that's more than a state like Connecticut,
00:36 more than a state like West Virginia took all last year in all of sports betting.
00:41 So just smashing last year's record by about 20%,
00:45 that was the Super Bowl between the Chiefs and the Eagles.
00:48 And the numbers keep coming in, so so far ahead of all the forecasts,
00:52 Nevada led the way with $186 million, which is a record for
00:57 the most state of any Super Bowl ever, they beat their record.
01:01 They've never sort of tailed any other state, Nevada's always held the record.
01:05 And but Sportsbooks only kept about $6.8 million of that in Nevada.
01:10 So if you wanna do the math real quick, pull out the calculator,
01:13 that's about 3.7% of every dollar wagered Sportsbooks actually won in Nevada,
01:18 which is symbomatic, I think, of the outcome of the game.
01:22 Obviously, the Chiefs were underdogs, but
01:25 really backed by the public pretty heavy at some Sportsbooks like bet 365,
01:29 about 75% of the money was on Chiefs Moneyline, 75% of the money was on Chiefs
01:34 Plus Two, those both hit obviously the total kind of landed right on the nose.
01:39 Meaning that it could have gone three ways depending on which book you're
01:43 talking about.
01:44 So really a lot of money for the Super Bowl.
01:48 We kind of initially thought that, because of the game outcomes,
01:50 maybe the books got hit really hard.
01:52 But I think the story here is really same game parlay is kind of save the day for
01:56 everybody.
01:58 One outlet is reporting that 34% of all the bets that they tracked on
02:03 the Super Bowl were some kind of parlay, some sort of same game parlay.
02:07 Which if you know anything about how parlays work is they're higher odds for
02:10 a reason and Sportsbooks cleaned up there.
02:13 Which is really interesting to see them use that as a way to offset
02:16 bad sporting outcomes.
02:18 It's allowed them to be a little more flexible with what they've been able to
02:21 offer.
02:22 The Chiefs were plus two for a while and
02:24 despite all the money coming in on them, they held them right there.
02:28 I think they kind of knew that everyone's gonna really be looking forward to
02:31 the same game parlay is obviously Travis Kelsey was a huge bet.
02:35 I think at that 365, he had twice as much money to score a touchdown than
02:40 the Niners did to win the game.
02:42 Obviously he didn't score a touchdown.
02:43 So when you dig into the nuances of beyond the box score,
02:48 get into some of the stats, you kind of figure out why they didn't make out as bad
02:51 as they did at downloads were actually down compared to last year,
02:55 which is interesting to see money up so much but downloads less.
02:58 I think that kind of speaks to the nature of sports betting in the modern day
03:03 landscape where people are betting more and more or doing more of these parlays and
03:07 betting smaller amounts, but the money keeps going up while less users are hopping
03:11 on board.
03:12 So it's pretty significant.
03:15 >> I think you're talking about the most bet single day sporting event ever.
03:18 When you have to parse it out that way,
03:20 you're gonna talk about events like March Madness,
03:23 which obviously attract more money because it's like a month long.
03:26 So I think it's gonna be really interesting to see how do the March Madness numbers
03:30 once those come out in a few months after the tournament's done.
03:33 How do those correlate with what happened during the Super Bowl?
03:36 Obviously less parlays there because of rules and colleges.
03:38 So yeah, it's good news for the industry overall,
03:41 more money is always good for the gambling industry.
03:43 [MUSIC]