With tomorrow’s Super Bowl XLVII, even the non-sports fans in the office have become interested in the financial aspects of American football’s biggest game, which also happens to be the single biggest-gambling day of the year—last year, more than $93 million was on the line in the United States, and some estimate that world-wide gambling on the game could be as much as $8 billion.


With tomorrow’s Super Bowl XLVII, even the non-sports fans in the office have become interested in the financial aspects of American football’s biggest game, which also happens to be the single biggest-gambling day of the year—last year, more than $93 million was on the line in the United States, and some estimate that world-wide gambling on the game could be as much as $8 billion.
We’re not football experts over here, however, so if you really want to wager your hard-earned lucre, listen to this guy. But we can compare the Las Vegas odds of various Super Bowl happenings with the InTrade odds of real world events to put everything in perspective. Note that sports gambling markets are far more liquid than InTrade and thus provide more accurate odds. With apologies to Nate Silver and professional gamblers everywhere, here we go:
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And the comparison to the the odds that the United Kingdom’s economy will go into recession in 2013 (77%)? No one will take odds like that gambling on sports.