Gamblers Getting Ready to Lay it All on the Line for the Super Bowl

A lot of things are going to be flying around on Sunday; footballs, hats, hot dogs, and if the game gets particularly heated, maybe a few fists. But one...

A lot of things are going to be flying around on Sunday; footballs, hats, hot dogs, and if the game gets particularly heated, maybe a few fists. But one new element will be coating the skies during the Super Bowl: cash.

As sports gambling becomes legal in an increasing number of states, more and more gamblers, career and hobbyist, are planning to put money down on the biggest football game of the year. Either in casinos or from the comfort of the living room, a lot of people stand to gain (and lose) a lot money. According to an official estimate by the American Gaming Association, over 22 million people are projected to place some kind of wager on the game, with the grand total of those wagers amounting to a few stones shy of $6 billion dollars.

Of course, sports gambling is only 100% legal in a handful of states, such as Nevada, Delaware, New Jersey, and Rhode Island. Many gamblers have been flocking to these states in order to place legal bets, with Rhode Island in particular overloaded with Patriots fans looking to get a piece of the action. Most folks, however, can’t be bothered to journey to a legalized state. As such, according to an estimate from USA Today, an overwhelming percentage of gamblers, as high as 95 percent, will be placing bets through not-so-legal avenues like off-shore bookies and private acquaintances.

However you place that bet (though I hope it’s a legal way), you’ve got a fifty-fifty shot of making some serious dough.

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