Economy Causes Less Gambling On Super Bowl At Nevada Sportsbooks

Nevada sportsbooks live for this day. Millions upon millions of dollars are wagered every year on the Super Bowl. This year was no exception, but the figures were down over ten percent from last year.

The Pittsburgh Steelers are always a good draw when it comes to gamblers. Arizona has been a team for years that have become a sportsbook favorite because they always are the underdogs. When they met this year in the Super Bowl, people did not know what to expect in terns of gambling.

The economy was factored into projections in Nevada, and it may have been the economy that caused only $81.5 million to be bet on this year's game. Although that is not a small number, it still is down considerably from last years Giants, Patriots game.

There is another outlet that is pulling people away from Nevada sportsbooks. The Internet. Online gambling has become a popular choice for many people in the US. It is illegal to bet on sports online, but millions of people ignore those laws and bet online anyway.

The overall news was not bad for sportsbooks this year. They ended up with a $6.7 million win. That is in contrast to last year when they lost $2.5 million on the big game. The highest amount ever wagered on the game was the last time Pittsburgh won the Super Bowl back in 2005. That year $94.5 million was bet.

Now that the Super Bowl has ended Nevada sportsbooks have turned their attention to college basketball. Gamblers have shown to be extremely interested in March Madness, which is less than a month away.

February 4, 2009
Posted By Vincent Tapoglia III
Staff Editor, CasinoGamblingWeb.com
Submit News!