2013 Super Bowl: Nevada casinos set betting record

Christian Petersen

There was no shortage of action on Super Bowl XLVII, with a large amount of it coming from 49er fans.

Super Bowl XLVII may not have set television ratings records, but it did set the record for the most money wagered in Nevada casinos. According to the Nevada Gaming Control Board, a record $98.9 million was wagered on the Super Bowl.

The fact that the 49ers were one of the participating teams likely played a role in the record betting. One sports book director said casinos in Northern Nevada were flooded with people betting on San Francisco, according to a report from the San Jose Mercury News. Some have speculated that the high betting totals were also impacted by San Francisco quarterback Colin Kaepernick, who was a popular star when he played for the University of Nevada.

The 183 sports books that took action on the game combined to make $7.2 million in profit. This was the 18th time in the last 20 years that sports books have combined to turn a profit on the Super Bowl. While the casinos made money, they could have made more if not for a couple of odd occurrences. The Ravens' decision to take an intentional safety at the end of the game cost the oddsmakers dearly. Betters who wagered a safety would occur at any point in the game were paid at 9-to-1 odds. A bet that San Francisco's final score of the game would be a safety paid at 50-to-1.

Even though Super Bowl XLVII has been in the books for less than 24 hours, casinos have already started to take wagers for next season. The Patriots are the early Super Bowl favorites with 7-to-1 odds, but the 49ers are once again expected to be contenders. After coming up just short this season, San Francisco is an 8-to-1 favorite to win Super Bowl XLVIII.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Bay Area

You must be a member of SB Nation Bay Area to participate.

We have our own Community Guidelines at SB Nation Bay Area. You should read them.

Join SB Nation Bay Area

You must be a member of SB Nation Bay Area to participate.

We have our own Community Guidelines at SB Nation Bay Area. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.