Tag: super bowl betting

AGA releases Super Bowl estimate for legal market only; projects record spend

This year’s projected figure for ‘legal handle’: $1.39 billion.

The American Gaming Association (AGA) released its annual Super Bowl betting handle estimate on Tuesday (4 February) morning – but took a different approach than in past years.

The headline news: American sports bettors are projected to legally wager a record $1.39 billion (£1.11 billion/€1.34 billion) on Super Bowl LIX. The game between the Kansas City Chiefs and Philadelphia Eagles at Caesars Superdome is set for Sunday (9 February).

But it is difficult to put that number in context relative to AGA estimates in prior years. Previously, the AGA estimated how many American adults would be betting and how much they would be risking across all regulated and unregulated options. The organisation did this for each of the post-PASPA Super Bowls. This included off-the-books “Super Bowl Squares” pools with family and friends.

Those projections, by year:

2019: 22.7 million adults, $6.0 billion
2020: 26 million adults, $6.8 bi..

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