Millions of Americans will bet over $16 billion in this year's Super Bowl, according to projections.

Closing Bell

Millions Projected to Bet $16B On Super Bowl

Sunday is gonna mark the first time an NFL Super Bowl will be played in a state with legalized sports betting and analysts betting that Americans will place a record number of wagers, according to a sports betting trade group. More than 50 million Americans are projected to place more than $16 billion Sunday's match between the Kansas City Chiefs and Philadelphia Eagles. According to the projections, some 30 million of the 50 million expected to place bets will do so online, both legally and illegally. The game is being played at State Farm Arena in Glendale Arizona or just last year gambling giant Bet MGM opened a sports book on the stadium grounds. Ah, this is gonna be huge, something just tells me.