Las Vegas Sun

May 3, 2024

Nevada sports books eke out win on Super Bowl betting

CARSON CITY – Betting on the Super Bowl reached $87.4 million, the highest in three years, but it wasn’t a good day for Nevada sports books.

Mark Lipparelli, chairman of the Nevada Gaming Control Board, said unaudited figures show sports books kept only $724,176, the second lowest total since 2002.

Only the 2008 game in which the New York Giants upset New England 17-14 produced a lower result. The books actually lost $2.5 million on that game.

The board said the sports books had a win percentage of 0.83 on the amount wagered on this year’s game. The sports book win on the last two Super Bowls was slightly more than 8 percent.

The $87.4 million wagered in Green Bay’s win over Pittsburgh was the highest in the last two years. The total was $82.7 million in 2010 and $81.5 million in 2009.

From 2005 to 2008, the amount wagered was always more than $90 million.

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