Each year, Covers tracks the largest wagers on the Super Bowl right up until game time.
Biggest Super Bowl 57 bets
Feb. 12: Total mayhem
With just hours to kickoff, the biggest bet yet was placed in New York. While Caesars Sportsbook didn't disclose the odds, the going rate for the Eagles -1.5 wager was -110 as of the announcement, which would yield winnings of $2 million if it hits.
The total is getting some serious attention as well as the Big Game draws nearer. According to BetMGM, one player threw down $547,000 on Over 49.5 points at -125 odds. Seven touchdowns, seven extra points, and a safety (or another combination of 50 or more points) would net that bettor $437,600. Meanwhile, the Caesars Sportsbook at Caesars Palace in Las Vegas reported taking a $550,000 bet on Over 51 at -110 odds, which would pay $500,000.
Feb. 9: Here comes the money(line)
BetMGM is seeing some serious straight-up action. The bookmaker says it has now taken a $1.25-million and $1-million bet on the Eagles to win, as well as a $500,000 play on the underdog Chiefs to emerge victorious.
Feb. 4: A big, big bet on the Birds
The seven-figure barrier has been broken, as BetMGM reported a customer wagered $1 million on the Eagles to win the Super Bowl, straight up, at odds of -125.
???? MAJOR WAGER ????— BetMGM ???? (@BetMGM) February 4, 2023
A bettor just placed $1M on the Eagles to win the Super Bowl at -125 ????
The bet would win $800,000 ????
Jan. 31: Caesars takes another major wager
Caesars Sportsbook announced it took a significant wager in Arizona (the Super Bowl's host state this year) using an alternative point spread. Via Twitter, the bookmaker said a bettor put down $314,000 on the Chiefs +3.5 at -157 odds.
Jan. 30: And so it begins...
We're back! Yes, it's another Super Bowl, and another edition of the biggest Super Bowl bets. While the lines and odds for the Big Game are still cooling on the windowsill, a few major wagers have already been placed.
Caesars Sportsbook reported Monday that within an hour of posting their Super Bowl odds, they had taken 24 spread or moneyline bets of $10,000 or more. Of those, Caesars said, 21 were on the Philadelphia Eagles, who are squaring off against the Kansas City Chiefs in this year's Super Bowl.
The biggest bet Caesars reported taking as of Monday was a $131,584.75 wager in Washington, D.C. on the Eagles -2 (at -110 odds), which would win that punter $119,622.50. Caesars took one other six-figure wager as well, on the Super Bowl's total, as a Nevada bettor placed $110,000 on the game going Over 49.5 points (-110) for a potential win of $100,000.
"Even though it was six figures and a big amount, we decided to hang with our number because we liked where we were," said Adam Pullen, assistant director of trading at Caesars. "In the Super Bowl, a six-figure wager is not always going to move the number because you’re going to handle much more on this game than any other game."
|$2,200,000||$2,000,000||Eagles -1.5 (-110)
||Eagles ML (-125)
|$1,000,000||$800,000||Eagles ML (-125)||BetMGM
|Over 51 (-110)||
Caesars (Caesars Palace)
|Over 49.5 (-125)||BetMGM||Feb. 12|
||Chiefs ML (+105)
|$314,000||$200,000||Chiefs +3.5 (-157)||Caesars||Jan. 31|
|$172,800||$157,200||Chiefs +1.5 (-110)||FanDuel||Feb. 12|
|$131,584.75||$119,622.50||Eagles -2 (-110)||Caesars||Jan. 30|
|$110,000||$100,000||Over 49.5 (-110)||Caesars||Jan. 30|
Biggest prop bets
Because it's the Super Bowl, bettors are looking to wager on anything that moves in and around the Big Game. Here are some of the biggest prop bets reported as well.
Patrick Mahomes over 1.5 passing touchdowns (-225)
No kickoff or punt returned for touchdown (-1,400)
|$10,000||$13,000.00||More points scored in first half than second (+130)||Caesars||Jan. 31|
|$5,025||$4,975.25||Coin toss is tails (-101)||Caesars||Jan. 31|
|$5,000||$3,937.01||Miles Sanders Over 55.5 rushing yards (-127)||Caesars||Jan. 31|
Last year's biggest Super Bowl bets
In what is becoming a recurring theme for major sporting events, Jim McIngvale, a.k.a. “Mattress Mack,” dropped some of the biggest bets for last year's Super Bowl. Not only that, but the Houston-based furniture store owner placed what Caesars Sportsbook called "the single-largest legal mobile sports wager of all-time."
Mack's action on last year's game ultimately added up to around $9.5 million, all of which was on the Cincinnati Bengals to win. They did not.
Per @CaesarsSports, Mattress Mack has placed another $5 million bet on the Bengals moneyline (+170).— David Payne Purdum (@DavidPurdum) February 11, 2022
The Houston furniture salesman, known to use the betting market to hedge promotional giveaways, now has ~$9.5 million riding on the Bengals for a potential net win of $16.2 mil.
|$5,000,000||$8,500,000||Bengals ML (+170)||Caesars||Feb. 11|
|$4,534,000||$7,707,800||Bengals ML (+170)||Caesars||Feb. 3|
|$1,000,000 x3||$2,752,899||Los Angeles Rams -0.5 1Q (+105), Rams -2.5 1H (-120), Rams Over 12.5 1H (-115)||BetMGM||Feb. 12|
|$1,000,000||$4,150,000||Bengals ML (+170), Under 48.5 (-110) same-game parlay||DraftKings||Feb. 10|
|$522,500||$475,000||Rams -4 (-110)||Caesars||Jan. 31|
|$400,000||$200,000||Rams ML (-200)||Caesars (made at Horseshoe Bossier City)||Feb. 7|
Where can I bet on the Super Bowl?
You can bet on Super Bowl odds at every online and casino sportsbook, including moneylines, spreads, Over/Under totals, and a variety of Super Bowl props. Head over to our best-suggested sportsbooks for the top Super Bowl betting sites in your area.