Super Bowl wagering up in Nevada

Posted Feb. 06, 2012 @ 9:49 p.m.
Posted By PFW staff

Nearly $94 million was wagered on Super Bowl XLVI at Nevada sportsbooks, the state's gaming control board said Monday.

For the record, the state's sportsbooks cleared a profit of about 5.1 percent on total wagers of close to $93.9 million, according to unaudited data from the gaming control board. That's the second-most money legally wagered on the big game in state history. State sportsbooks handled about $94.5 million on Super Bowl XL between the Steelers and Seahawks in 2006.

The Giants, who were three-point underdogs, defeated New England 21-17 Sunday for their second Super Bowl title in five seasons. The game went Under the total of 53.

Overall, wagering on this year's Super Bowl was up 7.3 percent from a season ago. Betting has increased in each of the last three years. By contrast, the handle fell in 2007, '08 and '09, plummeting all the way to about $81.5 million when the Steelers defeated the Cardinals in Super Bowl XLIII.

Nevada sportsbooks collectively made a little more than $5 million on Super Bowl XLVI wagers, compared to close to $725,000 on Super Bowl XLV, when the sportsbooks' win percentage was just a mere 0.83 percent.