Super Bowl betting is projected to reach $35 billion in 2025, reflecting record-breaking wagering activity across legal U.S. sportsbooks. The Philadelphia Eagles vs. Kansas City Chiefs matchup on Sunday is expected to drive historic betting volume, with Kansas City favored by 1.5 points as of Monday.
The American Gaming Association reports that 72.8 million Americans plan to wager on the game, up from 68 million in 2024. Legal sportsbooks in 38 states plus Washington D.C. are processing bets on everything from the coin toss to halftime show outcomes. Nevada’s sportsbooks alone handled $179.8 million in Super Bowl bets last year.
Mobile betting apps like DraftKings, FanDuel, and BetMGM are offering aggressive promotions to capture market share. Same-game parlays and live in-game betting features are driving increased per-bettor spending. Player prop bets on Patrick Mahomes and Jalen Hurts are among the most popular wagers.
**Why it matters:** The Super Bowl has become the single largest betting event in the U.S. calendar, with legal wagering volume tripling since 2019. States collect tax revenue ranging from 6.75% (Nevada) to 51% (New York) on sports betting handle, making the game a significant revenue driver for state budgets.
**By the numbers:**
– **$35B:** Projected total U.S. Super Bowl betting volume for 2025
– **72.8M:** Americans expected to place bets on the game
– **$179.8M:** Nevada Super Bowl handle in 2024
– **1.5 points:** Kansas City Chiefs favored over Philadelphia Eagles (as of 2/3/25)
**Source:** American Gaming Association, Nevada Gaming Control Board, sportsbook odds aggregators
