Las Vegas books win on SB Sunday - Ingles

The Super Bowl XLVI rematch between Eli Manning's New York Giants and Tom Brady's New England Patriots generated heavy gambling action in Las Vegas, resulting in the second biggest "handle," or betting total, in Nevada over the past 10 years.

Gamblers wagered $93,889,840 across the state's 184 legal sports books, according to Frank Streshley of the Nevada Gaming Control Board.

Despite widespread predictions that the wiseguys in Sin City would take a big financial loss on the game after installing the Pats as 3 point favorites, the state says Nevada's legal sports books won $5,064,470 on the game.

Those sports books lost $2,573,103 when the Giants' upset previously unbeaten Pats at Super Bowl XLII in 2008, the only time the state's sports books lost money on the Big Game over the last 10 years.

This year's $93,889,840 handle tops the $87,491,098 wagered on the Green Bay Packers' win over the Pittsburgh Steelers in last year Super Bowl XLV.

But it still trails the $94,534,372 bet on the Steelers win over the Seattle Seahawks in Super Bowl XL in 2006, before the bottom dropped out of the U.S. economy and a lingering economic recession wiped out millions of jobs.

Of course, the nearly $100 million bet legally on the Big Game is just a fraction of the money that actually changed hands. Billions of dollars were bet on the game online, across offshore sports books and in office pools and betting boxes.

This article was written by Michael McCarthy and appeared in USA Today.

Posted by Necesitamos Mas Football on 10:03. Filed under , , . You can follow any responses to this entry through the RSS 2.0

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