Americans Are Expected to Bet $23.1 Billion on the Super Bowl

Americans Are , Expected to Bet , $23.1 Billion on the Super Bowl.

Two-thirds of U.S. adults live in places where sports betting is legal, ESPN reports.

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On Feb.

6, the American Gaming Association (AGA) released results of a survey conducted by Morning Consult.

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2,204 adults were surveyed to find out if they'll be placing bets on this year's big game.

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AGA president and CEO Bill Miller issued a statement about the survey results.

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As the Super Bowl comes to Las Vegas for the first time, this year's record interest in wagering marks a full circle moment for the U.S. gaming industry.

, AGA president and CEO Bill Miller, via statement.

Our priority remains getting this opportunity right by providing the consumer protections only a regulated market can guarantee and investing in responsible gambling tools, safeguards and education, AGA president and CEO Bill Miller, via statement.

26% of adult Americans could end up betting a combined total of $23.1 billion as the Chiefs take on the 49ers at Super Bowl LVIII.

Eilers & Krejcik Gaming, a research firm, predicts that $1.25 billion worth of bets will be placed with American sportsbooks.

While 25% will be same-game parlays, and 15% of bets will be made after kickoff.

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Last week, Caesars Sportsbook said that it received a $1 million bet that the 49ers will win and a $100,000 bet that the coin flip to start the game will be tails.

Last week, Caesars Sportsbook said that it received a $1 million bet that the 49ers will win and a $100,000 bet that the coin flip to start the game will be tails.

Super Bowl LVIII kicks off Feb.

11 at 6:30 p.m.

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