Super Bowl 52 is Drawing Billions of Dollars in Bets

posted by Jason Taylor -

There is a lot of money riding on Super Bowl 52 -- the most ever, according to the American Gaming Association.

Americans are expected to bet $4.76 billion on the big game. Only three percent of those wagers will take place in Nevada, where sports betting is legal, which means that the rest of the betting will be done through offshore sportsbooks and local bet-takers, including the popular Super Bowl box pools.

The betting line in Las Vegas currently has the Patriots as four-and-half-point favorites over the Eagles. So far most of the money is on the Eagles.

It's kind of a shame that so much money is going out of the country with these bets. If sportsbooks were allowed in all states, that money could stay here.

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Jason Taylor

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