Super Bowl Gets Millions in Wagers for Sportsbooks in New York and New Jersey
If you want to get into sports betting and start a betting company, make sure that you prepare well for the NFL. Aside from being the most popular sports league in the country, its championship game, the Super Bowl, is one of the biggest games in sports betting. This is proven as the Super Bowl gets millions in wagers for sportsbooks in both New York and New Jersey alone.
You can also check your sportsbook’s data so long as you use an excellent bookie pay per head software. For our update, we will take a look at New Jersey, whose Super Bowl handle is $141 million, and New York, whose Super Bowl handle is $162 million.
Super Bowl Gets Millions of Wagers
These numbers seem astronomical for you, but it is not even the highest we have seen. The record (so far) belongs to Nevada, with a handle of $162.2 million for the Super Bowl. But it is also interesting to see that Super Bowl betting has increased compared to last year.
New Jersey’s $141 million grows from last year’s $109.3 million, while New York’s $162 million grows from 2022’s $143.7 million. The potential for you to earn well during the Super Bowl will depend on a few factors. Such as your skills in line management, and using reliable betting software development services.
From the total handle, payouts were at $133.1 million, leaving sportsbooks with $8.5 million in revenue. This is because the Chiefs were the underdogs and got much of the action. And since they won outright (even on OT), profits are lower since there are more payouts to be given. Certain prop bets also went haywire, giving us not just a memorable day for Super Bowl, but a very busy day for bookies as wel.