TAMPA, Fla. — While not legal in Florida, people across the country are placing sports bets on the Super Bowl LV. Sportsbooks in Las Vegas are heating up with people placing bets on Tampa Bay Buccaneers Quarterback Tom Brady facing off against the Kansas City Chiefs Quarterback Patrick Mahomes II.
"That's a big matchup," said Howard Stutz, who is executive editor of CDC Gaming Reports, based in Las Vegas. "There will be a lot of action."
When it comes to proposition bets, the William Hill Sportsbook in Las Vegas has odds on Kansas City to pull off a win. They also have Mahomes as the current favorite to win MVP.
But there is some good news for Bucs fans. The odds favor Brady to throw a touchdown before throwing an interception, according to the list of William Hill Sportsbook Prop Bets.
Other prop bets have less to do with the players and more to do with other aspects of the game.
The Superbook at The Westgate Las Vegas has even odds for the coin toss coming up heads or tails.
Stutz also said you may also see a prop bet related to the Tampa Bay Lighting game on the Friday before the big game.
"You may see a wager tied to the number of touchdowns in the game versus the number of goals scored in the lightning game who will have more in that game," Stutz said. "So those are some of the fun bets you'll see."
While some lawmakers have tried to legalize sports betting in Florida, a recent bill never made it out of the state's legislature in 2020.
However, Stutz said 2021 is the first year a total of 20 states and the District of Columbia will be placing legal bets on the Super Bowl. But Stutz said it's difficult to make a projection what will happen ahead of this year's game.
For the first time in more than a decade, Nevada sportsbooks saw a decline in overall wagers. In 2020, sportsbooks took in total wagers of $4.3B, a drop of 18.4% from 2019. Sports betting revenues of $262.8M, down 20.2%.https://t.co/kTAIg8xBvZ @CDCNewswire #sportsbetting— Howard Stutz (@howardstutz) January 28, 2021
"We don't know how much is going to be bet this year because of the pandemic," he said.
The American Gaming Association said 23.2 million Americans plan to bet a total of $4.3 billion on this year’s Super Bowl LV matchup between the Kansas City Chiefs and Tampa Bay Buccaneers.
Among Super Bowl bettors, a record 7.6 million will bet with online sportsbooks this year, up 63 percent year-over-year.
“This year’s Super Bowl is expected to generate the largest single-event legal handle in American sports betting history,” said AGA President and CEO Bill Miller. “With a robust legal market, Americans are abandoning illegal bookies and taking their action into the regulated marketplace in record numbers.”
Super Bowl LV, will decide the league champion for the 2020 NFL season. The AFC champion Kansas City Chiefs will play the NFC champion Tampa Bay Buccaneers on Sunday, Feb. 7 at 6:30 p.m.