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The 2023 season should be a major year for NFL betting as the pro football betting handle for the upcoming 2023 season is predicted to be around $24 billion.
Almost $1 billion of that handle is expected to come from Super Bowl wagers alone. One of the top factors with this increasing number is the growing number of states with legal sports betting, with some states offering NFL wagering for the first time.
Keep in mind that there are special daily offers to check out. Upcoming action includes tennis, golf, boxing, auto racing, and MMA action are open. Major League Baseball offers daily action with new rules that have increased interest. Meanwhile, you can get futures on college and pro football. NFL preseason football is coming, and the Canadian Football League season is on fire. And the Super Bowl of Cycling, the Tour de France, is running now through July 23. It’s all underway and coming in hot, with action available now. This is the best time of year for sports betting activity in overdrive. BetRivers for these daily offers!
With the pro football season kicking off on September 7th, 2023, with a showdown between the Super Bowl champion Kansas City Chiefs and the Detroit Lions, many are wondering what the betting numbers for the upcoming year could look like. Sportsbooks recently released its projected betting handle for the 2023 NFL season, and some records could be shattered.
Industry insiders predict that throughout the 2023-24 NFL season, over $24 billion could be wagered on different pro football events. Around 70% of this number, or $17 billion total, is expected to come from straight pro football wagers. The rest, meanwhile, looks to come from parlay bets that include NFL wagers alongside other leagues such as the NHL, NBA, and MLB.
Unsurprisingly, the Super Bowl is projected to be a major contributor to this total handle, with nearly $900 million expected to be wagered throughout the week of Super Bowl 58. This makes sense, as last season’s Super Bowl between the Kansas City Chiefs and Philadelphia Eagles was expected to exceed $1 billion in total wagering handle.
Since the 2022 NFL season kickoff, numerous states have launched sports betting markets. Some of these states rolled out legal sports wagering during the NFL season, with Maryland sports betting going live on November 23rd, 2022, just in time for wagers on Thanksgiving NFL games.
New Year’s Day of 2023 saw another major market launch, with Ohio sports betting becoming available. The first month alone for the state’s betting industry was huge, with $1.1 billion in January handle and $209 million in revenue. Additionally, $20 million in taxes were collected for the state to start the year.
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