The Denver Broncos were heavily bet on by a majority of the country in Super Bowl XLVIII, which means bookies made out like bandits when the Seattle Seahawks blew out the Broncos 43-8. The improbable win took gamblers by surprise and could lead to a record profit in Vegas for Super Bowl betting.
According to Sporting News, Vegas may end up with over $15.4 million in profit, a mark that was set back in 2005.
“We’re grading our props right now, but I can tell you already that we have never won as much in the Super Bowl since I’ve been here,” said Golden Nugget sports book director Tony Miller, who was booking his eighth Super Bowl for the downtown property. “We had a 20 percent increase in handle overall, and I think that’s a great indication for the state to set a record. People were excited about this game.”
It wasn’t a good night to be betting against the Seahawks and while not everyone who placed a bet went with the Broncos, more than enough people did for Vegas to be excited about the profit.
The numbers are still being tallied, but it’s looking like the Broncos devastating loss was Vegas’ massive gain in Super Bowl XLVIII.