Online Super Bowl Betting Hits Record Highs, GeoComply Reports
The surge in online betting for the Super Bowl, marked by a 22% increase in verification checks, reflects the growing popularity and acceptance of legal online sports betting.
- GeoComply processed over 122 million verification checks during the Super Bowl weekend, indicating a 22% increase from the previous year.
- The Kansas City Chiefs secured their second consecutive NFL title with a 25-22 win over the San Francisco 49ers.
- Online betting activity peaked just before kickoff, with nearly 15,000 transactions per second.
- Sportsbooks faced significant losses due to the game going into overtime, a scenario that had steep odds against it.
- The surge in online betting underscores the transition to legal markets and the historic nature of the first Super Bowl held in Las Vegas.