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Super Bowl handle of $138.5 million is another Nevada record

February 6, 2017 06:23 PM
Super Bowl LI set the record for the wagering handle in Nevada (USA Today Images).

By Matt Youmans
VSiN senior editor

It’s a storyline that might hold true each year for the foreseeable future: Another record Super Bowl wagering handle was set in Nevada.

A day after the first overtime game in Super Bowl history, the Nevada Gaming Control Board announced $138.5 million was wagered in the state. The sports books held $10.9 million for a 7.9 win percentage.

Jimmy Vaccaro, a South Point oddsmaker and VSiN analyst, predicted last year’s record handle of $132.5 million would fall.

“I thought it would smash the record, and we’re still not at the top,” Vaccaro said. “We’re adding customers. It’s an industry that’s still growing.”

Tom Brady led an improbable comeback Sunday, pulling the New England Patriots out of a 25-point deficit to stun the Atlanta Falcons 34-28.

The Patriots closed as 3-point favorites and minus-137 on the money line at the South Point. The total closed 57 after sitting at 59 for most of last week.

“It would have been a real pain if it was 31-28 and landed on 3 and the total of 59,” Vaccaro said.

The best-case scenario for most bookmakers was a New England win with the score going over the total. The books took hits on teasers and several popular propositions that cashed for bettors.

“We kept getting pounded with money-line tickets on the Falcons, and obviously the teasers won, no matter which side you bet,” Vaccaro said.

“It was an unbelievable Super Bowl, and people remember what they saw last, so it wipes out any negativity from the NFL playoffs being boring.”

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