The NFL Super Bowl is the most-watched sporting event of the Year. Over 100 million people tend to tune into the big game next month, and with sports gambling becoming legal across the United States, I would expect that number to grow.
As sports betting becomes legal and more popular, more people will bet on the Super Bowl. Last Year, an estimated 31.4 million Americans bet on Super Bowl LVI, a 35% increase from 2021.
So that got us thinking, what are some of the most insane bets in Super Bowl History?
When the Super Bowl comes around every year, the most popular bets are the exotic props that sportsbooks offer. These props are items that don't affect the actual game. These props bets are more for entertainment purposes.
It is a tradition that when the Super Bowl is coming down to the final seconds, the winning team player pours a giant Gatorade on their coach. It's become one of the most popular props bets during the Super Bowl.
One way to make the night great is to bet on the coin toss before the Super Bowl starts. There are only two outcomes: HEADS or TAILS.
Since the first Super Bowl, HEADS has come up 26 times and Tails 29 times. More recently, TAILS also have come up more often. Over the past 10 Super Bowls, TAILS has won 60% of the time.
Recently, betting the over/under the time it takes to sing the National Anthem has become very popular. There have been reports that fans will hang out outside the stadium the day before to try to catch the rehearsal to gain an edge.
Last year's oddsmakers set the line at 106 seconds. Mickey Guyton's rendition of the National Anthem lasted 110 seconds, allowing the over-bettors to cash in.
The halftime show is one of the main attractions during the Super Bowl. If you are not a football fan, you still watch the halftime show because nine out of 10 times, it is usually an epic performance.
But from a betting perspective, the halftime show offers bettors yet another chance to wager on something. Props could vary from year to year, but you bet on the first song that will be sung or even as crazy as a wardrobe malfunction.
This year Rihanna will step onto the stage in Glendale, Arizona, and perform at Halftime.
The odds for the first song to be performed are already up.
What are some of the most insane bets in Super Bowl History?
Even when the Super Bowl is not on, you can still bet on crazy props. Some sportsbooks will offer the opportunity to bet on the first beer brand commercial. Choices range from Bud Light, Budweiser, Michelob Ultra, and many more.
Below are 5 of the biggest bets on the NFL Super Bowl. In no particular order.
In October of 2015, Vegas Dave had a futures bet On the Kansas City Royals to win the World Series; then, in November of that same year, he predicted the Holly Holm upset over Rousey. He finished off that fantastic run with a Denver Broncos Super Bowl Future. In total, he came close to cashing out $10 million combined.
In trying to attract more action on Super Bowl XXVI, Gaughan invited bettors to "middle" him. His oddsmakers set the Redskins line at -6.5 and the Bills' at +7.5. The gamble was if Washington could win by precisely seven points, the person with the point spread for both teams would cash in on both bets.
According to The Sports Geek, both Barbary Coast and Gold Coast accounted for 30% of Nevada sportsbook's $50 million of total betting action for that Super Bowl. Essentially Gaughan was on the hook for $10 million if the Redskins won by precisely seven points. Lucky for him Washington beat the Bills by 13 points.
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