98 Million Bet In Vegas On Superbowl
Tuesday February 5,2013 : NEVADA REGULATOR RELEASES SUPER BOWL BETTING STATS
Hold percentage was 7.3 percent for Nevada bookies
Sunday's monumental Super Bowl clash between the Baltimore Ravens and the San Francisco 49ers generated wagering of almost $94 million, giving Nevada bookies a hold of 7.3 percent, according to official numbers from the Nevada Gaming Control Board.
Board chairman A.G. Burnett said late Monday: "Unaudited figures show a sports book win of $7,206,460 was recorded on wagers totalling $98,936,798. This resulted in a hold percentage of 7.3 percent."
Comparative numbers from 2012 show wagering at $93,899,840, giving bookies a win of $ 5,064,470 or 5.4 percent when the N.Y. Giants beat New England 21 to 17.
This year the 49ers started out as 5-point favourites, but gamblers bet the line down to 3 ½ points, and the 65 points scored in New Orleans easily exceeded the over/under of 49. Late money poured in for the “over” wager and for the 49ers, who have built a reputation as a second-half team, but they were pipped at the post by the Ravens in a 34 vs. 31 win.
Nevada sports books have lost only twice on the Super Bowl in the past 20 years, most recently in 2008, when New York beat the Patriots, costing bookies a record $2.6 million.
