Super Bowl betting action wins casinos $7.2 million

By Anthony Curtis

POSTED: 01:30 a.m. HST, Feb 10, 2013

~~Nevada's sports books took in $98.9 million in bets on the Super Bowl, resulting in a win of $7.2 million, or 7.3 percent. The "handle," which is the total amount bet, was a record, topping the previous high of $94.5 million in 2006. The Baltimore Ravens' 34-31 win over the San Francisco 49ers meant that Baltimore and over (total points scored) bettors got the money. The house doesn't always win, but it usually does: This was the 21st time in 23 years that the casinos have won on the Super Bowl.
» Props lose: Despite having a higher casino advantage than "straight" bets, the sports books claimed a loss on proposition bets this year. The culprit was 49ers quarterback Colin Kaepernick, whose strong numbers in the game rewarded a swell of bettor backing with lots of winning tickets. The prop bets continue to increase in popularity; the most this year, as usual, were posted at LVH's "SuperBook," which had 350 different bets.
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Nevada's sports books took in $98.9 million in bets on the Super Bowl, resulting in a win of $7.2 million, or 7.3 percent. The "handle," which is the total amount bet, was a record, topping the previous high of $94.5 million in 2006. The Baltimore Ravens' 34-31 win over the San Francisco 49ers meant that Baltimore and over (total points scored) bettors got the money. The house doesn't always win, but it usually does: This was the 21st time in 23 years that the casinos have won on the Super Bowl.

» Props lose: Despite having a higher casino advantage than "straight" bets, the sports books claimed a loss on proposition bets this year. The culprit was 49ers quarterback Colin Kaepernick, whose strong numbers in the game rewarded a swell of bettor backing with lots of winning tickets. The prop bets continue to increase in popularity; the most this year, as usual, were posted at LVH's "SuperBook," which had 350 different bets. Login for more...