• Fri. Feb 26th, 2021

Nevada On-line Sportsbook Takes $2.3M Tremendous Bowl Wager on Underdog Bucs

BySpeed Casino

Jan 30, 2021

Posted on: January 29, 2021, 11:08h. 
Final up to date on: January 29, 2021, 01:52h.

Devin O’Connor Learn Extra

A web-based sportsbook in Nevada final evening took a $2.3 million wager on the underdog Tampa Bay Buccaneers upsetting the defending champion Kansas Metropolis Chiefs in Tremendous Bowl LV.

A bettor in Nevada utilizing a web-based sportsbook feels assured to the tune of $2.3 million that Tom Brady will win a file seventh Tremendous Bowl. If he does on February 7, it will be his first Vince Lombardi Trophy not with the New England Patriots. (Picture: AP)

BetMGM, the net cellular sports activities betting platform of MGM Resorts, confirmed being the sportsbook this morning.

🚨 Main Wager Alert 🚨
A bettor in Vegas simply positioned a $2,300,000 wager on the Bucs (+3.5)
The wager would win $2 mil 😳 pic.twitter.com/Es8JdFXugi
— BetMGM 🦁 (@BetMGM) January 29, 2021

Tremendous Bowl 55 is about to kick off on Sunday, February 7 at 6:30 pm ET. The sport is being performed within the Bucs’ dwelling stadium.
The Chiefs stay the consensus favourite at round 3.5 factors. The over/beneath is 56.5 factors.
Oddsmakers Welcome Bucs Bets
The defending champions have attracted the overwhelming majority of the early Tremendous Bowl motion. That’s why BetMGM execs gladly welcomed the large $2.3 million wager on Tampa Bay.

This was a wager we have been very blissful to obtain,” mentioned Jason Scott, vice chairman of buying and selling for BetMGM, to ESPN.

“We had beforehand written a number of different six-figure bets, all on Kansas Metropolis, and the general public is actually behind [Chiefs coach] Andy Reid and [Chiefs QB] Patrick Mahomes,” he continued.
Regardless of the wager, BetMGM saved its line at 3.5 factors within the Chiefs’ favor. If the Bucs pull off the upset, the bettor will internet $2 million.
DraftKings and FanDuel mentioned within the 24 hours following the AFC and NFC championship video games, round 75 % of the bets and cash was on the Chiefs. Caesars and its sportsbook accomplice William Hill took a $120,000 wager on Kansas Metropolis quickly after they made their second consecutive Tremendous Bowl.
2021 Document Tremendous Bowl Betting
Tremendous Bowl 55 will nearly actually be probably the most legally bet-upon NFL sport within the historical past of the game. Some 20 states, plus DC, have regulated sports activities betting operational.
Gaming analysts consider a whole bunch of thousands and thousands of {dollars} can be wagered legally on the large sport.
Final yr, oddsmakers in Nevada took $154.68 million value of Tremendous Bowl wagers. They gained $18.77 million on the Chiefs’ 31-20 victory over the San Francisco 49ers. The 12.1 % maintain charge was the very best Tremendous Bowl win share since 2014.
Nationwide, roughly $270 million was wagered by lawful channels on Tremendous Bowl 54. Solely 10 states had authorized sports activities betting presently a yr in the past.

With the variety of authorized sports activities betting states doubled, and far enthusiasm surrounding reigning Tremendous Bowl MVP Patrick Mahomes taking up the GOAT, Tom Brady, the chances are good that deal with will strategy the $1 billion mark.

Nonetheless, unlawful offshore websites and underground bookies are anticipated to take extra bets on the Tremendous Bowl than regulated operators.
The American Gaming Affiliation estimated that $6 billion was wagered on the large sport final yr. If that determine is right, it implies that simply 4 % of the Tremendous Bowl motion was wager by a authorized guide.

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