Michigan Online Sportsbooks Cash In On Super Bowl LVI

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Written By Drew Ellis on February 14, 2022Last Updated on February 18, 2022
Aaron Donald celebrating at Super Bowl LVI

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It seems that online sportsbooks in Michigan had a successful day at the office with the conclusion of Super Bowl LVI.

Despite the state’s divergence from the national trend by placing higher bets on the Los Angeles Rams, oddsmakers ultimately emerged victorious.

In a tight contest with a final score of 23-20, the Cincinnati Bengals successfully secured a win, resulting in disappointment for most sports bettors who were left with empty pockets.

Golden Nugget Sportsbook MI cleans up on Super Bowl LVI

Sunday night was the ultimate outcome for Golden Nugget Sportsbook, as it marked their largest betting event of the year since their entry into the Michigan market.

The Bengals moneyline and Rams -4.5 or -4 were the top two bets of the night, as per the sportsbook. Following closely behind was the Over 48.5 points. Unfortunately, all of these bets resulted in losses.

Although Cooper Kupp’s victory in the Super Bowl MVP was somewhat surprising, it prevented more significant disappointments as Aaron Donald, Odell Beckham Jr., and Von Miller had lower chances of winning.

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Several prop bets that were popular among bettors ended up being successful.

  • Will both teams kick field goals of 35 yards or more?
  • The Bengals are expected to have less than 20.5 total 1st downs.
  • Both teams will score 20 points.
  • The player who will score the first touchdown and the team that will win is Odell Beckham Jr. and the Rams.

Seven-leg Super Bowl LVI parlay hits at BetRivers Sportsbook MI

There were some notable wins for the bettors on Sunday night, and BetRivers Sportsbook also had a pretty good day.

According to the sportsbook, 58% of the total bets were placed on the Rams for the moneyline, while 67% of the total bets were placed on the Rams to cover the spread. However, the Rams did not end up covering the spread.

At BetRivers, 70% of the handle was placed on the over of 48.5 when considering the total.

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At BetRivers in Michigan, the biggest victory didn’t involve much risk. A single bettor wagered $7,210 on the Rams +5, which had odds of -345, resulting in a payout of only $9,301.

A fortunate bettor successfully achieved a 7-leg parlay with odds of +8000, resulting in a $810 payout from their $10 wager. The following combination emerged as the triumphant sequence:

Scary start, strong finish for BetMGM

Despite a nerve-wracking start with Beckham Jr. scoring the opening touchdown, BetMGM Sportsbook reports a remarkable performance for the most bet on Super Bowl ever at a national level.

According to Jason Scott, the VP of Trading at BetMGM, the Super Bowl began with some difficulties for the company. Odell Beckham Jr. scored the first touchdown, and the results in the first quarter and first half were not in their favor. However, things turned around in the second half, much to the book’s advantage. Fortunately, the Rams won the game in regulation, which was a relief for BetMGM as overtime would have been the most undesirable outcome, considering it was the most bet on Super Bowl ever.

In summary, BetMGM accounted for 71% of the moneyline bets and 58% of the handle placed on the Bengals. Furthermore, 60% of the total bets and 59% of the handle were placed on the over.

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On Sunday, several remarkable winning bets were recorded at BetMGM.

One bet on the Rams to win the Super Bowl for $10,000 ended up earning $120,000 with odds of +1200. Similarly, another person won $100,000 by placing a $10,000 bet on Beckham Jr. scoring the first touchdown.

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