Gamblers expected to bet a whopping 4.8 billion on the Super Bowl and only about 3 will happen in Nevada

Get the Full StoryErik Kabik Photography MediaPunch IPX

The American Gaming Association estimates that approximately 4.76 billion will be bet on the Super Bowl this year.

Of all that money, just 3 of it is expected to be wagered legally in Nevada, with the rest of the bets being made through offshore books and local bookies.

Still, Las Vegas bookmakers are doing just fine 2017 was their most profitable year on record and the Super Bowl is looking like it will easily pass last year's record.

Super Bowl Sunday is the biggest gambling day of the year, and this season's matchup between the New England Patriots and the Philadelphia Eagles is expected to blow previous years out of the water in terms of how much will be bet on the big game.

According to estimates released by the American Gaming Association, an expected 4.76 billion will be bet on Super Bowl LII. But unfortunately for Las Vegas bookmakers looking to profit off the game, just an estimated 3 of that money will be bet in Nevada the rest will likely be wagered through offshore books and local bookies.See the rest of the story at Business InsiderNOW WATCH: Why Shaq turned down being on the cover of a Wheaties box twiceSee Also:The man responsible for creating over 400 Super Bowl prop bets explains how they are picked and why they are so popularFrom Justin Timberlake's outfit to the length of the national anthem These are the 17 weirdest prop bets for the Super BowlThe 27 best bets you can make on the greatest gambling day of the year Super Bowl SundaySEE ALSO: The 27 best bets you can make on the greatest gambling day of the year Super Bowl Sunday

Share: