Super Bowl 48 Sets New Record in Vegas with $119 Million Handle

Super Bowl 48 is in the books, the Seattle Seahawks can now have bragging rights during the off-season and defend their title until the next Super Bowl.

Sports fans set a new record in Nevada for betting on a Super Bowl with a total handle of $119.4 million. The Nevada Gaming Control Board released its unaudited tally sheets for sports books showing a profit of $19.7 million on the action.

The game by the way, if you were one of the two or three people not to see it played, read about it or picked it up on the Internet, was won by the Seattle Seahawks by 35 points over the favored (-2.5) Broncos.

Books makers like Bovada, topbet, betonline and said they never before seen handle of $119.4 million was driven by Peyton Manning. In Vegas and other northern areas of the state, wagers of all sizes were put on Denver to win.

Many public bettors and some sharp money were waiting on a big game by Manning following his record setting 2013 regular season.

That of course never materialized as the Legion of Doom defense for the Seahawks shut down the Broncos prolific offense, holding Denver to a season low 8 points and Manning to just one touchdown pass.

The previous record in Nevada was set for the 2013 Super Bowl between Baltimore and San Francisco, when bettors created a total handle of $98.9 million.

Some of the casinos and online sites like Bovada lost on some of the prop bets, including the biggest one, which was the safety on the game’s first play. Some books had a safety as the game’s first score at 50 to 1, with one as high as 60 to 1.

Super Bowl 49 Futures

The futures have been released for Super Bowl 49, which will be played in Arizona. To no one’s surprise, the Seahawks are the co-favorites at 5 to 1 to repeat as the champions next year.

The San Francisco 49ers, the NFC West rivals of Seattle and their opponent in this year’s NFC Championship also opened at the same price of 5 to 1.

Seattle should return the majority of its roster from this season intact next season. Doug Baldwin, Golden Tate, two talented wide receivers and Michael Bennett a defensive end might try the free agent route during the offseason, but those three players are not irreplaceable.

While the Broncos will have Peyton Manning back, they face the possibility of losing a number of top players in the free agency market.

Those players include Eric Decker at wide receiver, Knowshon Moreno at running back, Shaun Phillips at defensive end and Chris Harris, Tony Carter and Dominique Rodgers-Cromartie all defensive backs.

The early futures line for Super Bowl 49 has the NFC favored by 3.5 points over the AFC, with a point total of 50.

Following the Seahawks and 49ers in the futures for Super Bowl are the Broncos at 11 to 2, Patriots 10 to 1, New Orleans and Green Bay at 15 to 1, Philadelphia and Carolina at 22 to 1 and Indianapolis and Kansas City at 25 to 1 to round out the top 10.