How Much Money Will Ohio Bet on Super Bowl 57?
- Super Bowl 57 Chiefs vs. Eagles kicks off in Glendale, AZ on Sunday, Feb. 12
- Ohio has legal sports betting access to a Super Bowl for the first time
- See how much money Ohio could bet on Super Bowl LVII
Sports bettors across the US are gearing up for the biggest betting event of the year, and Ohio online sportsbooks have launched in time to bring Super Bowl 57 betting access to the Buckeye State.
The Cincinnati Bengals failed to get through to the big game this year, but Ohio sports bettors are still preparing their bet slips for Super Bowl LVII between the Kansas City Chiefs and Philadelphia Eagles.
Ohio has quickly become one of the busiest sports betting markets in the country, and the figures will go through the roof on Super Bowl Sunday. Here’s an estimate of how much money Ohio will wager on this year’s championship game.
- DRAFTKINGS SPORTSBOOK
GET UP TO $1,050 IN BONUSES!
- FANDUEL SPORTSBOOK
NO SWEAT FIRST BET UP TO $2,500!
- CAESARS SPORTSBOOK
GET UP TO $1,250 ON CAESARS
- BETMGM SPORTSBOOK
FIRST BET OFFER: UP TO $1,000 PAID BACK
Super Bowl 57 Betting Volume Expected to Double Records
The top five states with the highest Super Bowl betting handles like Nevada, New York, New Jersey, and Illinois typically record between $80-$100 million each in total wagers, and as one of the hottest sports betting markets in the US, Ohio projects to enter the top five and record anywhere from $80 million to $100 million in Super Bowl Bets.
Estimated OH Super Bowl 57 Betting Handle: $80 – $100 million
The American Gaming Association (AGA) released the results of their annual Super Bowl wagering survey earlier this week, estimating that 50.4 million Americans will wager up to $16 billion on Super Bowl LVII. These massive figures represent a 61% increase in the number of bettors and more than double last year’s total betting volume of approximately $7 billion.
Ahead of the #SuperBowl on Sunday, the #Eagles are the slight favorite to win, but the real winner may be the #sportsbetting companies, with more Americans than ever planning to bet big bucks on the game. @contessabrewer reports. pic.twitter.com/anp6rLJY6A
— Worldwide Exchange (@CNBCWEX) February 7, 2023
With a population of 11,756,058, Ohio accounts for approximately 3.5% of the entire US population. If we take the AGA estimate of $16 billion at face value, 3.5% of the US population in Ohio accounts for roughly $560 million of the total betting volume.
That figure is likely too high, as the 36 states with legal sports betting are projected to generate just over $1 billion in total wagers for Super Bowl 57.
The $16 billion estimation from the AGA takes into account both legal sportsbooks, offshore sports betting sites, bookies, and party activities like Super Bowl squares. Legal sports betting figures alone are estimated to break $1 billion this year, and with legal US betting sites now live in places like Ohio, the Buckeye State could see over $100 million in Super Bowl bets this year.
New Legal Sports Betting Markets Like Ohio Help Boost Handle
Newly legalized sports betting markets like Kansas, Maryland, and Ohio are expected to help drive the Super Bowl betting volume to new heights this year. Even though the Bengals didn’t make it through this year, this won’t have too much of an impact in Ohio as the Super Bowl is the biggest betting event of the year by far.
Many new sports bettors in Ohio have yet to sign up with legal sportsbooks and take advantage of some can’t-miss Super Bowl betting promos. GeoComply, a trusted geolocation and cybersecurity company, recorded over 11 million transactions and over 780,000 new sportsbook account creations during the opening weekend of Ohio sports betting, breaking records previously set by New York a year earlier.
Check out Ohio’s citizens legally betting on sports for the first time during NFL Sunday on New Year's Day! 🏈
Learn more: https://t.co/AB2hDH45Iq pic.twitter.com/NCk3uSnw7k
— GeoComply (@GeoComply) January 4, 2023
Betting handle figures for the first full month of Ohio sports betting have yet to come in, but chances are the Buckeye State saw nearly $1 billion in total wagers through the first 30 days. As one of the newest legal sports betting markets with a diehard culture of sports fans, $80-$100 million in Super Bowl 57 bets from Ohio is virtually a lock.