Las Vegas Set a New Record for Super Bowl Betting

This is something people are going to be talking about for a while. With the 2024 Super Bowl being played at Allegiant Stadium this year, everyone expected historic numbers to be recorded for Las Vegas sports betting stats. People were packing Sin City all week and countless wagers were placed. With that said, how great were things for the local sportsbooks? According to a report, Las Vegas set a new record for Super Bowl betting and this is something that shouldn’t be a surprise at all.

While the official numbers for the month haven’t been posted yet, it has been reported that more than $185 million was wagered on the Super Bowl, which broke the previous record of $177 million. This is exciting news and something that officials and lawmakers all over Sin City and Nevada have to be thrilled about. It was a groundbreaking week for Las Vegas as a whole, as the streets and hotels/resorts were packed with people from all over the world.

Things of course were highlighted by the Sunday showdown between the San Francisco 49ers and Kansas City Chiefs. Before the game, tons of bets were placed, but then the action only picked up in the middle of the game thanks to how close things were. San Francisco jumped out to a double-digit lead, but the Chiefs were able to make things interesting late and they were able to force the overtime session.

Then in overtime, Kansas City was able to capture a memorable win. Patrick Mahomes won Super Bowl MVP, which was obviously something that plenty of people bet on too. The fact that more than $185 million alone was wagered on this game tells you how spectacular the Super Bowl can be for betting. All in all, it was an amazing week for Super Bowl wagers in Las Vegas. Only time will tell if this record will ever be broken, but a new standard has surely been set.

Super Bowl odds are already out for next season

Think it’s too early to start thinking about the big game in 2025? Not a chance, as Super Bowl odds are already out for next season. According to the best-rated sportsbooks, which includes the reliable Bovada review, the Chiefs hold the top NFL betting odds to win the title next year. This is something that people can’t stop talking about, as Mahomes, Travis Kelce and Co. have a three-peat on their minds.

The Chiefs have now won the Super Bowl in back-to-back years, which is incredible to even think about. This was supposed to be a ‘down year’ for them, but they silenced their haters from start to finish this campaign. The Chiefs were underdogs for their final three games of the year, but that didn’t stop them from taking down the Bills, Ravens and then the 49ers in the Super Bowl. Mahomes is on top of the world right now.

With that said, this team is going to face a tall task in trying to make history. A three-peat is pretty much unheard of in the NFL, but this is now what the Chiefs are focused on. There were some rumors that Kelce could end up retiring after this season, but he didn’t waste any time after this year’s Super Bowl win over the 49ers in Las Vegas to say that he’ll be back with the AFC West powerhouse in 2024. Kelce indeed wants to try and bring home another title.

With the Super Bowl set to be played in New Orleans next year, people are already counting down the days for the big game to arrive. While it won’t be played in Las Vegas, that doesn’t mean that the wagers on the game won’t be sky-high. With the Super Bowl betting odds already released for next year, bets are already pouring in, with the Chiefs getting a lot of attention. Will they be able to make it three years in a row in bringing home the Lombardi Trophy? We can’t wait to find out.

Las Vegas is already getting ready for March Madness wagers

As big as the Super Bowl was, Las Vegas is already getting ready for March Madness wagers that will be coming sooner than you think. The regular season for NCAAB betting is going to be wrapping up soon and then it will be time to focus on conference tournaments. As soon as those come to a close too, then all the betting attention for college fans will be on the 2024 NCAA Tournament. Along with the Super Bowl, the Big Dance is one of the biggest and most fun betting events of the year.

As things stand, the UConn Huskies are the No. 1 team in the country, per the rankings, but other teams like Arizona, North Carolina and more will be ready to make a giant splash in the tourney. Don’t forget about the usual powerhouses like Duke, Kentucky and others. Soon enough, March Madness will take center stage and plenty of tourists will be making their way to Las Vegas. It will be interesting to see just how high the betting stats will be this spring.

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Peter Lewis

Peter Lewis Jr. comes from Mississippi where he and his family spend their days discussing college football, baseball and basketball. He's written sports journalism for years after studying journalism at a local university. Over time, Peter has cultivated extensive knowledge covering sports betting legislation across the country. He closely tracks the latest regulatory developments and provides key insights into their impacts. Peter also offers sharp MLB betting analysis, leveraging stats and trends to identify value on matchups.