The Super Bowl is the creme de la creme for sports betting. Last year, the American Gaming Association estimates that nearly 26 million Americans wagered $6.8 billion on the game between Kansas City and San Francisco. That number is only set to grow for next weekend’s matchup as sports betting is now legal in 20 states and districts across the country. It’s easier than ever before to get skin in the game and BetMGM makes it even easier.
As Patrick Mahomes and the Chiefs gear up for their repeat bid against Tom Brady and the Buccaneers, they are favored by -3.5 points on BetMGM as of January 29. As the line currently stands, the public is largely behind the young quarterback to beat the greatest of all-time. Three six-figure bets have been placed with BetMGM on the reigning champions to win again:
- $180,000 to win $100,000 on Kansas City moneyline (-180)
- $115,000 to win $100,000 on Kansas City -3.5 (-115)
- $110,000 to win $100,000 on Kansas City -3.5 (-110)
However, the biggest Super Bowl LV bet came in on Thursday night backing the underdogs. A bettor in Nevada placed a massive $2.3 million wager on the Tampa Bay +3.5 (-115) with the BetMGM mobile sportsbook.
“This was a bet we were very happy to receive,” said Jason Scott, VP Trading, BetMGM. “BetMGM had previously written several six figure bets all on the Chiefs and the public is certainly behind Andy Reid and Patrick Mahomes. This big Buccaneers bet has helped balance our book.”
If the Buccaneers cover the spread against the Chiefs, the bet would pay out a net $2 million.
Want to get in on the Super Bowl action?
Sign up for @BetMGM using promo ‘BROBIBLE200’ to receive $25 in free bets and a deposit match up to $500.
— BroBible (@BroBible) January 29, 2021
If you’re looking to get in on the action yourself…
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VISIT BETMGM.COM FOR TERMS AND CONDITIONS. MUST BE 21+. NJ, CO, TN, IN, IA and WV ONLY. GAMBLING PROBLEM? IN NJ CALL 1-800-GAMBLER, IN WV VISIT WWW.1800GAMBLER.NET, OR IN INDIANA CALL 1-800-9-WITH-IT OR IN CO CALL 1-800-522-4700
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