SAN FRANCISCO 49ERS

Super Bowl LVIII: American Gaming Association projects Americans to wager $23.1B

Feb 7, 2024, 9:26 AM

Visitors walk in front of an entrance to Caesars Palace with Super Bowl LVIII signage displayed on ...

LAS VEGAS, NEVADA - FEBRUARY 03: Visitors walk in front of an entrance to Caesars Palace with Super Bowl LVIII signage displayed on February 03, 2024 in Las Vegas, Nevada. The game will be played on February 11, 2024, between the San Francisco 49ers and the Kansas City Chiefs at Allegiant Stadium in Las Vegas. (Photo by Ethan Miller/Getty Images)

(Photo by Ethan Miller/Getty Images)

The first Super Bowl in Las Vegas is expected to see Americans wager an estimated $23.1 billion on Sunday’s game between the Kansas City Chiefs and San Francisco 49ers, according to the American Gaming Association.

The AGA also estimates that 67.8 million American adults will have a financial stake in the game in some form, with the rise of online betting fueling a $16 billion increase in wagering from last year’s Super Bowl.

A total of $23.1 billion is expected to be on the line for Super Bowl LVII. The group’s survey showed that 47 percent will wager on the defending champion Chiefs, while 44 percent will have a wager on the 49ers.

According to DraftKings, as of Tuesday, the 49ers were two-point favorites, with an over/under on total points at 47.5.

The most popular access point for wagering on Sunday’s game will be to bet online, with 46 percent of the 67.8 million participants taking that route. The number is equal to 26 percent of the United States population.

Casual wagering friends is listed at 36 percent, while a mere 11 percent will wager at a physical sportsbook.

Online wagering is expected to increase by 41 percent from last year’s Super Bowl, while casual wagering is projected to be up 32 percent.

Traditional wagering (online, sportsbook, bookie) is expected to be ahead of casual wagering (friends, pools, square contests) for the second consecutive year.

Messages about responsible wagering have reached the masses, with AGA reporting that 75 percent of traditional Super Bowl betters have reported seeing a message on responsible wagering in the past year.

–Field Level Media

Thank you for reading SactownSports.com. Follow us on Twitter and Google News, and subscribe to our YouTube channel.

Newsletter

San Francisco 49ers

Deebo Samuel #19, Brandon Aiyuk #11 and Jauan Jennings #15 of the San Francisco 49ers in the locker...

Amiliano Fragoso

Brandon Aiyuk sparks trade rumors after not reporting to 49ers offseason program

The Brandon Aiyuk saga has had its' ups and downs this offseason. Now less than a week out from the draft, no end date is in sight.

4 hours ago

Caleb Williams #13 of the USC Trojans drops back and looks to throw a pass during the first half of...

Amiliano Fragoso

2024 NFL Mock Draft: Who’s the first non-quarterback drafted?

The 2024 NFL Draft is about a week away, so naturally, it's time to mock it out! Here's our 2024 Mock Draft for the entire first round.

1 day ago

Trent Taylor #81 of the San Francisco 49ers reacts after a first down against the Denver Broncos du...

Amiliano Fragoso

Reunion: 49ers sign WR/PR Trent Taylor to one-year deal

The 49ers have signed WR/PR Trent Taylor to a one-year deal Tuesday, bringing him back to The Bay after three years apart.

3 days ago

Brock Purdy #13 of the San Francisco 49ers reacts after a 42-10 victory against the Dallas Cowboys ...

Amiliano Fragoso

49ers Brock Purdy shoots down critics on The Pat McAfee Show

Brock Purdy made an appearance on The Pat McAfee Show Tuesday, having to address the haters one more time entering Year 3.

3 days ago

Brock Purdy #13 of the San Francisco 49ers talks with Tom Brady #12 of the Tampa Bay Buccaneers fol...

Amiliano Fragoso

Tom Brady lists 49ers as possible team in NFL return: ‘I wouldn’t be opposed to it’

Could Tom Brady make his way to the 49ers after all? He didn't rule out a midseason return to football if it makes sense.

7 days ago

Rock Ya-Sin #23 of the Baltimore Ravens looks on in the second quarter of a game against the Pittsb...

Amiliano Fragoso

San Francisco 49ers sign CB Rock Ya-Sin to one-year deal

The 49ers have announced that they signed CB Rock Ya-Sin to a one-year deal Thursday, adding to their secondary depth.

8 days ago

Super Bowl LVIII: American Gaming Association projects Americans to wager $23.1B