Super Bowl 55 online sportsbook bet dollars up, total wagers down: AGA

Three days shy of Super Bowl Sunday, all is quiet around the abandoned office water cooler. The pandemic forced millions of Americans to trade their cubicle and co-worker camaraderie for a work-from-home lifestyle that will now impact one of the betting industry’s most popular events. While the American Gaming Association’s research found that 23.2 million Americans will wager roughly $4.3 billion dollars on the Kansas City-Tampa Bay Super Bowl 55 matchup, those numbers are down significantly year-over-year due to COVID’s impact on annual office pools and super squares in addition to fewer people placing bets at retail brick and mortar sportsbooks due to social distancing guidelines. Only 1.4 million Americans plan to bet at a sportsbook in-person, which is down 61 percent YOY, while 4.5 million plan to bet via pool, squares, or casual bet, which is down nearly 20 percent.

As you can see in the graphic, AGA projected 26 million Americans wagered $7-billion on Super Bowl 54 last year. So, yeah, the year’s long pandemic continues to find ways to negatively impact economic growth in every sector. However, with the bad comes a bit of promising betting news. AGA’s survey found that more than 7-million people will bet on Super Bowl 55 with an online sportsbook, up 63% year-over-year. As more and more individual states legalize sports gambling within their borders – both online and inside brick n mortar sportsbooks – Americans appear to trust the sports betting process more. To date, 25 states and Washington, D.C. have legalized sports betting in some fashion with 13 more pending legislation.

Of the nearly 2,220 surveyed, 56 percent are backing the Chiefs to beat the Buccaneers Sunday night.

Online Sportsbooks Super Bowl 55 Odds and Prop Bets

If you’re not interested in betting against the spread (Chiefs -3), the moneyline (Buccaneers +145) or point total OVER/UNDER (56), online sportsbooks like Bovada and BetOnline have cooked up some pretty creative prop bets ahead of Super Bowl 55.

Chiefs head coach Andy Reid isn’t known for his stylish ways, but BOL bookmakers do offer a face mask design prop.

In related facial coverings betting news, BOL also posted this hysterical prop bet. Remember, you’re suppose to keep the mask over your mouth and nose, but how will the refs hear you chewing them out if you don’t pull it down? Duh.

And because the lines between sports and politics often blur these days, why not debate total points and President Joe Biden’s approval rating.

It’s worth noting that another Super Bowl prop bet sets Biden’s approval rating on February 7th at O/U 53.5, while the game total over/under has been locked in around 56 since it originally posted. So, context clues suggest that the point total should be higher than Biden’s approval rating.

For everything else Chiefs-Buccaneers, be sure to check out our Super Bowl 55 Super Page where you’ll find the latest up-to-the-minute odds, stats, betting trends and information you need to be prepared for super Sunday on February 7th.