Super Bowl 2024, hosted in Las Vegas for the first time, was not just a spectacle of sports but also a landmark event in the world of betting . The Nevada Gaming Control Board reported that sportsbooks in Nevada broke the state record for Super Bowl wagering, with a staggering $185.6 million bet on the game. This surpassed the previous record of $179.8 million set in 2022. Despite the high stakes, the sportsbooks’ win percentage was relatively low at 3.7%, marking it as the fourth-lowest over the past decade.
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While these figures highlight the immense popularity of betting on events like the Super Bowl, they also serve as a reminder of the risks associated with gambling. Here are a few reasons why gambling is often considered one of the worst investments:
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