How much have Coloradans bet on the Super Bowl in previous years?

DENVER (KDVR) — Betting is big business, and that becomes all too clear when the Big Game rolls around.

Colorado legalized sports betting three years ago and it has led to millions in winnings and wagers from players. The Colorado Division of Gaming reported Friday that it is anticipating a “significant betting activity” ahead of Super Bowl LVIII.

The announcement follows a record-setting December when Coloradans bet over $716.43 million, a 38.3% increase from December 2022. Of that, almost $200 million was for professional football wagers.

The NFL is Colorado’s second-favorite sports league for betting, with the first being the NBA.

“While the majority of bettors gambling can do so responsibly, it’s important to remember that problem gambling can be an issue for some,” Christopher Schroder, Colorado Division of Gaming director, said in a release.

Toward this end, the Division of Gaming hired a Responsible Gaming Manager to assist with responsible gaming plans. Colorado also maintains a self-exclusion list for individuals to be removed from gaming activities in the state for one, three or five years.

“These efforts are vital to protect the integrity of gaming in Colorado and get help to those who need it,” Schroder said.

According to the Colorado Division of Gaming, Centennial State residents bet quite a bit on the 2022 and 2023 Super Bowls.

In 2023:

2023 total handle: $37,961,228 7% decrease over 2022
Online wagers: $36,313,016
Retail wagers: $1,648,212
Game Day Bets: $23,993,086
Future Bets (place before game day): $13,966,086
Win percentage: 9.62%
Figures provided by the Colorado Division of Gaming.

In 2022:

Total handle: $41,026,795 31% increase over 2021
Online wagers: $39,801,727
Retail wagers: $1,460,253
Game Day Bets: $21,513,472
Future Bets (placed before game day): $16,791,822
Win percentage: 10.87%.
Figures provided by the Colorado Division of Gaming.

The Division of Gaming will release the figures from Super Bowl LVIII after the game.

The division also reminded gamblers that while they can bet on certain outcomes of the game, bets based “purely on chance” are against Colorado’s statutes. The division gave examples of the coin flip or the color of the Gatorade.


Source: Rocky Mountain News

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