Super Bowl legal bets set to hit new record, Los Angeles Rams favored by 4

What promises to be the highest wagered sporting event in US history unfolds today at SoFI Stadium, with home side Los Angeles Rams as 4-point favorites against the Cincinnati Bengals. .

$7.6 billion is expected to be wagered, as more than half of the US adult population can place a bet. Sports betting is now active in 30 states and Washington, DC. Sorry, California – you’ll have to go to Las Vegas if you want to bet legitimately, as the Golden State is still among the territories where sports betting is not legal.

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The interest and accessibility of sports betting should only grow. New York State recently went online for mobile sports betting and instantly became the #1 state in the country. Media companies have taken notice, and companies such as Fox, Disney, fuboTV and WarnerMedia are among the outlets with ties to the sport.

The over/under of the game is 48.5, which means that the winning totals on the score would be higher or lower than this total. The most popular bet is the pre-match draw, with “tails” in mind currently.

The biggest legal bet ever was made on Friday, when Houston businessman Jim McIngvale, better known as ‘Mattress Mack’, deposited $5 million on the underdog Cincinnati Bengals . McIngvale has made similar big bets in the past, using them as cover for a special promotion for his mattress company, which offers customers a refund on purchases over $3,000 if McIngvale’s pick wins.

A bettor in Las Vegas placed three $1 million bets on the Rams on Saturday, betting on first-quarter results and first-half over/under, protecting himself from the high and low scores of the first half.

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