Despite the Broncos’ exclusion from the Super Bowl, Coloradoans anticipated placing large bets on Sunday.
Boulder, Colorado (KKTV) – In three days, the biggest football game of the year will take place. Coloradans anticipate placing large wagers on Sunday even if the Denver Broncos are not playing in the Super Bowl.
A record-breaking approximately 68 million Americans are anticipated to wager on Super Bowl LVIII, up 35% from 2023, according to the American Gambling Association. Of those who plan to wager, 47% will bet on the Kansas City Chiefs and 44% will wager on the San Francisco 49ers.
In Colorado, sports betting becomes legal in May 2020. According to a three-year Department of Revenue survey, professional football is the second most popular sport among the top 10 sports overall in terms of wagering, trailing only professional basketball.
Yet, according to certain statistics from December 2023, NFL football is the most popular sport to wager on, surpassing basketball. Furthermore, according to precise figures, November 2023 will have the largest handle of any month since sports betting began.
“The Division of Gaming anticipates, based on previous years, that the Super Bowl will still be one of the busiest betting days of the year, while all of us Broncos fans at the Department of Revenue will be very sad not to see our hometown team in the Super Bowl this year,” said Shannon Gray, the supervisor of communications.
“Colorado statute does not allow for bets that are completely based on chance; hence we statutorily prohibit bets on the coin flip, for example,” said Gray.
According to the American Gaming Association, the two states of California and Missouri where both teams are from do not have legal sports betting currently. However, Missouri has active legislation in place.
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