SPORTS BETTING

Super Bowl 54 Betting, State's Racking In The Money

February 3, 2020

Super Bowl Prop Bet Results: Gatorade Color, National Anthem Time, Coin Toss, More article feature image
Photo: Elsa | Getty Images

The Kansas City Chiefs beat the San Francisco 49ers 31-20 in a game that was forecast to be among the most heavily wagered-on championship games ever.

The Super Bowl is arguably the best gambling day of the year, and with so many different bets to choose from, it can be pretty tough to keep track of everything.

The Chiefs won Super Bowl LIV, defeating the San Francisco 49ers by a final score of, 31-20. The Chiefs led the battle in both total yards and passing yards, while committing fewer penalties and tying the turnover battle. Damien Williams sealed the win with a 38-yard TD run in the fourth quarter.

The Chiefs both won the Super Bowl, and covered the 1.5-point spread with ease, having already cleared the spread when Williams scored the final TD.

The over/under had settled at 52.5. With a combined score of 51 points, the total ended up falling just slightly under that mark.

Interestingly, as of Jan. 19, the total was a bit higher, at 53.5, suggesting the late money was coming in on the sharp side of the bet, driving the line down as kickoff approached.

Patrick Mahomes was the first player to score in the Super Bowl. He was listed at +1900 prior to kickoff, so this netted quite the payout for anyone who bet on the Chiefs QB getting it done early with his legs.

After purple emerged as the consensus favorite earlier in the week, it was orange that ended up cashing as the gatorade color. It was offered at +400 odds at DraftKings heading into the game.

Demi Lovato took 1 minute and 50 seconds to sing the national anthem. Given that the over/under was generally set at about two minutes, Lovato ended up clearing the under easily.

More notable game props that won via WilliamHill:

  • Player to Score Last Touchdown: Damien Williams +700
  • Total Touchdowns Scored: 6 +425
  • Exact Margin of Victory: KC by 7-12 Points +350
  • Quarter to Have Most Points: Fourth Quarter +175
  • Will the Opening Kickoff be a touchback? No +150

Revenue reports began trickling in Monday evening, including the $54.2 million wagered by gamblers in New Jersey. The state whose U.S. Supreme Court victory in 2018 cleared the way for the expansion of legal sports betting to many parts of the country. That total surpassed the $34.8 million New Jersey gamblers bet on the Super Bowl last year.

New Jersey’s 10 retail sports books and 19 sports wagering mobile applications lost $4.28 million, for a negative hold percentage of 7.8%.

Football fans legally bet $5.5 million on the Super Bowl this year in Rhode Island, the state Department of Revenue said Monday. Gamblers won $4.7 million when the Kansas City Chiefs rallied to beat the San Francisco 49ers, 31-20 ,leaving about $805,000 in revenue.

The state, which gets 51% of sports betting profits, expects to clear at least $400,000 as bets are finalized.

New Hampshire’s newly-founded online sports gambling program raked in $2.31 million in bets for the Super Bowl Sunday, building on what lottery officials and Gov. Chris Sununu have called a strong start.

So far, the $20.8 million has translated into $1.2 million in net revenue for New Hampshire’s educational programs, the Commission said. The Commission estimates the new program should bring in $10 million a year to the state’s education trust fund, which is distributed to schools.

Last year, Nevada sports books took in $146 million worth of bets on the Super Bowl, down from $158 million a year earlier.

Mississippi regulators reported taking in $6.7 million worth of bets on this year’s game, but did not immediately calculate how much of that was paid out to customers who made winning bets.

Leave a Reply

Your email address will not be published. Required fields are marked *