The Super Bowl is one of the biggest gambling events of the year, with nearly $7 billion expected to be wagered when the Kansas City Chiefs take on the San Francisco 49ers. While the majority of bets are small dollar amounts, several six and seven-figure wagers have been placed in recent days.
According to data compiled by ESPN, a $1 million bet was placed on the 49ers moneyline on Jan. 29 at +120 odds at the MGM Mirage in Las Vegas. If the 49ers were to win the game outright, the person who placed the wager would win $1.2 million on top of their initial $1 million bet, walking away with $2.2 million.
Four of the top 10 largest bets have been placed on the 49ers, including the aforementioned $1 million bet and a $684,000 wager placed in New Jersey on Draftkings Sportsbook on Jan. 21, at -114 odds.
The Chiefs accounted for the next two largest bets, a $550,000 wager at the Bellagio (-110 odds) on Jan. 28 expecting the Chiefs to win by at least one point and a $200,000 bet at MGM placed on Jan. 25, also expecting the Chiefs to win by at least one point.