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This week we’re talking about sports gambling and the number of Americans who are expected to bet on the Super Bowl this Sunday. We talked about this topic two years ago (just after the Super Bowl) after over 30 million Americans placed a bet on the Super Bowl. This was a record number. But this year, that number is projected to be nearly 68 million! So I thought it would be good to revisit this topic today.
STORY – The Super Bowl Is Expected to Smash Betting Records – Nearly 68M US Adults Plan to Wager
“Nearly 68 million American adults — about 1 in 4 — plan to bet on this year’s Super Bowl, setting a record by a wide margin, according to the gambling industry’s national trade association.
“Figures released Tuesday by the American Gaming Association include bets placed with legal outlets, as well as with illegal bookies and online operations in other countries.
“The volume of betting participation is projected to be 35% higher than last year, which was the previous record.
“Bettors plan to wager an estimated $23.1 billion on this year’s Super Bowl, up from $16 billion last year, the group predicted.”
[…]
“‘There’s a good chance that every Super Bowl for the next ten or so years will be the most bet Super Bowl thanks to the underlying growth of regulated sports betting in the U.S.,’ said gambling analyst Chris Grove, a partner at Eilers & Krejcik Gaming.” (Associated Press)
Related material:
- Sports Betting and the Growing Acceptance of Gambling (02.17.22) – podcast
- Is Gambling Wrong?
- The Application of Wisdom: Teachings about Women (Part 1)
- You Are a Peculiar People
- Church Services vs. The Super Bowl
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