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Sunday's Super Bowl is expected to be a record-setter for sports betting, raising alarm

Usher shows the Super Bowl LVIII ring during the Super Bowl LVIII Pregame & Apple Music Super Bowl LVIII Halftime Show Press Conference at the Mandalay Bay Convention Center on February 08, 2024 in Las Vegas, Nevada.
Jeff Kravitz / FilmMagic
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Getty
Usher shows the Super Bowl LVIII ring during the Super Bowl LVIII Pregame & Apple Music Super Bowl LVIII Halftime Show Press Conference at the Mandalay Bay Convention Center on February 08, 2024 in Las Vegas, Nevada.

About 1 in 4 Americans plan on betting a staggering $23 billion on the Super Bowl this weekend . The record-setting amount has raised alarm nationally, and in 海角换妻, where online betting continues to grow.

鈥淭he brain is complex,鈥 said Dr. Marc Potenza, a psychiatrist and the director at the Center of Excellence in Gambling Research at Yale. 鈥淭here are some features that seem to cut across gambling disorder and substance use disorders, particularly with respect to how people process rewards.鈥

Potenza said he鈥檚 not worried about who鈥檚 going to win this year鈥檚 Super Bowl. He鈥檚 worried about who鈥檚 going to bet on the game and how much.

The volume of betting participation this year is projected to be 35% higher than last year, which was the previous record.

In 海角换妻, more than 100,000 people have a gambling disorder, which adversely affects more than a quarter of a million family members each year, according to the 海角换妻 Council on Problem Gambling.

Since 海角换妻 legalized online gambling in 2021, the organization said contact with its problem gambling helpline surged 90%.

鈥淕ambling helplines throughout the United States, including within 海角换妻, have been reporting increases in people seeking help for gambling problems, particularly young adult males,鈥 Potenza said.

CT stands to profit off Super Bowl

Sports betting is legal in 38 states, plus Washington, D.C. States can make money off of it by licensing third-party operators to take bets.

In 海角换妻, so far, those sportsbooks report that the Kansas City Chiefs are getting much more action from bettors than their opponents, the San Francisco 49ers.

When bettors lose, the operators get their money. The state of 海角换妻 also wins because it taxes that money, at a rate of 13.75%. But when a majority of bettors win, operators have to pay out a lot of bets 鈥 and that鈥檚 money the state can鈥檛 tax.

Barring a dramatic betting shift, a Kansas City win would cost 海角换妻, similar to the way Rhode Island was impacted by a New England Patriots win in 2019. The state鈥檚 sportsbooks , when the hometown Patriots beat the Rams in the Super Bowl that year.

Federal bill could help fund gambling addiction programs

Potenza said people choosing to gamble this weekend should set limits on how much they bet.

Nationwide, millions of American adults suffer from gambling addiction, according to The National Council on Problem Gambling. The agency says that number could grow as more states legalize sports gambling.

Potenza is hopeful federal lawmakers will pass a recently introduced bill called the 鈥,鈥 which would fund more programs for gambling addiction prevention, treatment and research.

鈥淚f it gets passed, [it] should provide much needed help for the estimated 7 million U.S. citizens experiencing gambling problems,鈥 he said.

Currently, about 10% of people with a gambling problem seek help, he said.

If you need help with gambling disorder, call the at 1-888-789-7777 or at 855-222-5542.  

The Associated Press contributed to this report.

Sujata Srinivasan is 海角换妻 Radio鈥檚 senior health reporter. Prior to that, she was a senior producer for Where We Live, a newsroom editor, and from 2010-2014, a business reporter for the station.
Frankie Graziano is the host of 'The Wheelhouse,' focusing on how local and national politics impact the people of 海角换妻.

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If that matters to you, now is the time to give. Join the 50,000+ members powering honest reporting and a more connected 鈥 and civil! 鈥 海角换妻.

SOMOS CONNECTICUT is an initiative from 海角换妻, the state鈥檚 local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de 海角换妻, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programaci贸n que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para m谩s reportajes y recursos. Para noticias, suscr铆base a nuestro bolet铆n informativo en ctpublic.org/newsletters.

Fund the Facts

You just read trusted, local journalism that鈥檚 free for everyone, thanks to donors like you.

If that matters to you, now is the time to give. Join the 50,000+ members powering honest reporting and a more connected 鈥 and civil! 鈥 海角换妻.

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海角换妻鈥檚 journalism is made possible, in part by funding from Jeffrey Hoffman and Robert Jaeger.