AGA Predicts $6.8 Billion in U.S. Wagering for Upcoming Super Bowl

According to the American Gaming Association (AGA), it is estimated that 26 million Americans, more than 10 percent of the adult population, will have a bet in some form on Super Bowl 54.

How they come up with estimates of this nature is beyond our intellects, but the number jumps out at us as being a bit beyond the entire population of Australia.

Our other observation is that this Super Bowl will be a coin-flip punt.

Most Australian bookies we checked with seem to have the Kansas City Chiefs as slight favourites, but we are seeing one and 1.5-point lines.

The game could come down to a missed post-touchdown extra point kick or a rare two-point safety.

To emphasise, this is not the 2019 AFL Grand Final, where Richmond almost erased the part of Sydney known as Greater Western from the map.

In terms of dollars, the AGA is estimating that $6.8 billion we be wagered on the game, just in the United States.

Estimates supplied by AGA for Super Bowl 52 were placed at $4.76 billion.

A rise of about $4 billion seems fantastic, but since 2017, many U.S. states have legalized sports wagering that was previously limited to sportsbooks in Las Vegas.

The list of states with legal sportsbooks has grown to 14 and several more states are set to open for business in 2020.

The distinction lies in that outside of what was punted in Las Vegas during 2017, the balance was punted illegally with underground bookies or in casual settings with friends and workplace pools.

Another source listed the legal U.S. wagering on last year’s Super Bowl as something a little under $150 million.

Talk about a growth industry.

We were thwarted in several attempts to find an estimate for the amount wagered on the Super Bowl on a worldwide basis, but if we could be permitted to make an extrapolation based on the number of 26 million for the U.S., roughly one-in-ten, and apply that one-in-ten figure to the world population, which we are arbitrarily giving as seven billion, we arrive at these figures.

That would mean 700 million punters. With the U.S. average-per-punter coming out to $261.00, multiplying that figure by 700 million punters returns a figure above $18 billion.

That unscientific estimate has made our heads throb, so enough maths for the day.