Super Bowl 59 Betting Results: Eagles Win a Massive Boon for New York Sportsbooks

Patrick Everson Sports Betting Expert

4 minute read

Super Bowl 59 betting results were nothing like pregame action. Prior to kickoff, there was a lot of two-way wagering. But once play commenced, success was pretty much a one-way street.

The Philadelphia Eagles stunningly steamrolled the two-time defending champion Kansas City Chiefs 40-22. Behind the counter, it was generally a good result, and especially so for New York and Nevada sportsbooks, which won a record amount.

Here’s everything you need to know about Super Bowl betting results: how the bookmakers and bettors did on Super Bowl 59 odds and action. And if you're already looking ahead to next season, be sure to use our BetMGM bonus code to get the most out of your action.

Super Bowl 59 Betting Results

Record-Setting Win

Four days post-Super Bowl, the state of New York released its numbers on the game. And they were big.

Between all bets on the game and in the futures market, New York sportsbooks took in $154.9 million. That's actually only slightly ahead of Nevada's $151.6 million total, despite the Empire State's massive population advantage.

But New York books retained massive $47.43 million, for a win rate of 30.6 percent. Much to the chagrin of Super Bowl bettors.

For comparison, even after New York's massive 51% tax rate on sports betting, state books will still retain about $23.25 million. That's $2 million more than Nevada books won before state taxes.

All that said, it was a great Super Bowl for Nevada sportsbooks, as well. Two days after Philadelphia's blowout win over Kansas City, the Nevada Gaming Control Board reported a blowout win for sportsbook operators.

The state's sportsbooks netted a record win of $22.134 million, beating the haul of $19.673 million on the 2014 Super Bowl, another blowout in which the Seattle Seahawks drubbed the Denver Broncos 43-8.

Nevada books recorded $151.618 million in Super Bowl 59 handle – the total amount of money wagered on all facets of the game. That was a far cry from last year's state record of $185.612 million and in fact ranks sixth overall.

But sportsbook operators had a hefty hold of 14.6%, the fifth-highest hold percentage in state history. BetMGM Nevada generated a good chunk of the hold percentage and the money win.

"The best-case scenario happened for the house: Eagles outright win and Over. And Eagles futures were our second-best scenario, behind the Bills," BetMGM Nevada director of trading Lamarr Mitchell said.

On the flip side, Pennsylvania sportsbooks took a bath on the outcome, no surprise. A total of $101.55 million in Super Bowl wagers landed in the Keystone State. Sportsbooks gave all that back and then some, losing $6.5 million on heavy regional bias in favor of the home-state Eagles.

Fly Eagles Fly

Philadelphia closed as either a 1- or 1.5-point underdog, depending on where you bet. But the Eagles looked nothing like a 'dog Sunday night in New Orleans.

Jalen Hurts & Co. led 24-0 at halftime and stretched that to 34-0 before finally allowing a Chiefs TD late in the third quarter. The Eagles went on to win 40-22, and it wasn't as close as the final score. It was a blowout, through and through.

And much like BetMGM in Las Vegas, BetMGM national was good with that.

"Super Bowl 59 was the single biggest betting event in the history of BetMGM. It took the most bets and was one of the best single-game results in company history," BetMGM trading manager Christian Cipollini said.

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Added Jeff Benson, Circa Sports director of operations:

"We did well to the game. The Over hurt. Props turned out decent. It was a great day overall."

Circa's total closed at 48, and the only reason the Over hit was because the Chiefs got two otherwise meaningless touchdowns in the final three minutes.

As for the hundreds of Super Bowl props, bettors certainly picked up some money in spots. But in general, sportsbooks did well, largely thanks to ...

No Saquon Score

Saquon Barkley took boatloads of tickets and money for every market he was in. In particular, bettors were all over the Eagles running back to score the first touchdown or have an anytime touchdown.

Surprisingly, Barkley got neither. That was key for BetMGM.

"Super Bowl bettors cashed in on Eagles moneyline and Jalen Hurts Super Bowl MVP. But [the] defenses slowing down Saquon Barkley and Travis Kelce netted a great result for us," Cipollini said.

Said Tristan Davis, Cipollini's peer in BetMGM's trading room: "We were satisfied with the day. It's a good result, with Saquon not scoring. We will sign for it."

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Added Caesars Sports head of football trading Joey Feazel: "There were a variety of touchdown scorers, which would usually be favorable to the customers. But Saquon Barkley was the most popular single-game-parlay leg, and he did not see the end zone."

Again, Super Bowl prop bettors got there in some spots, but not nearly enough to damage the sportsbooks.

"Our worst results: Alternate point spreads, first half, MVP, Cooper DeJean scoring a touchdown. Kelce Unders and Barkley Unders were good," Benson said.

Big Money Backs Both Sides

BetMGM took a lot of large Eagles bets early, particularly in Las Vegas. There were moneyline wagers of $800,000 and $750,000 on Eagles +110, so those customers pocketed profit of $880,000 and $825,000, respectively.

However, there were several big Chiefs plays, too, including two massive ones Sunday: $750,000 K.C. moneyline -120, $750,000 K.C. -1.5 (-105). And BetMGM had hefty Kansas City Super Bowl futures liability.

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"We [were] getting more Eagles action. But it's still [wasn't] eclipsing our Chiefs futures liability," BetMGM trading manager Christian Cipollini said.

Caesars Sports' Joey Feazel sang a similar tune Sunday night.

"Overall, Super Bowl 59 was a decent result for the sportsbook. More customers backed the Chiefs in this game and in the futures pool than the Eagles," Feazel said.

Patrick Everson

Patrick Everson is a senior reporter for VegasInsider. Based in Las Vegas since 1994, he's worked in the sports betting journalism/content space for more than a decade. He's most known for his deep roster of contacts behind sportsbook counters, providing readers and viewers with the ins-and-outs of how events are being bet. He's also a thought leader in the sports betting space, often appearing on or moderating panels at national conferences. More from Patrick Everson