Super Bowl 58, which will take place in Las Vegas, the gambling hub of the United States, is predicted to break betting records. Experts anticipate that the total amount wagered will surpass an astonishing $1.6 billion. This event holds significance not only for the game itself but also for sports betting enthusiasts in North Carolina.

There has been an unprecedented increase in sports betting and daily fantasy sports (DFS) app downloads during this year’s Super Bowl. On Super Bowl Sunday, these apps are being downloaded twice as much compared to any other day of the year. Chris Cylke from the American Gaming Association highlights the consistent growth of this sector year after year. Although online sports betting is not yet legalized in North Carolina for the Super Bowl, preparations are underway for a significant launch on March 11.

While bettors from North Carolina may miss out on participating in this Super Bowl’s betting frenzy, it’s worth noting the leading online sports betting apps dominating the market;

FanDuel;Leading the way with 29% of the download share, FanDuel is a dominant player in the American sports betting scene, controlling almost 47% of the market’s net gaming revenue.

DraftKings; Close on FanDuel’s heels, DraftKings captures 25% of the download share and holds a significant portion of the gross gaming revenue in the United States.

BetMGM; Aspiring to significantly increase its market share by 2026, BetMGM currently holds 14% of the download share and ranks as the third largest platform in the country.

ESPN Bet; Despite experiencing a decline in promotional offers, ESPN Bet remains a strong contender in the sports betting app market with an 11% download share.

Caesars, Fanatics and Bet365; With each platform holding a 6% download share, these providers are well positioned for growth due to their resources and esteemed reputation within the industry.

Once online sports betting becomes available in North Carolina, these apps are expected to dominate the market for Super Bowl betting. Daily fantasy sports offer North Carolina residents an alternative way to participate in Super Bowl wagering.
The prop style platforms have a stronghold on the DFS market, overshadowing traditional players such as DraftKings and FanDuel.

PrizePicks; This platform takes the lead with 48% of app downloads, providing a wide range of prop style wagers.

Underdog Fantasy; Holding an 18% market share, Underdog Fantasy is another significant player in the prop style DFS arena and plans to introduce its North Carolina sportsbooks.

Sleeper; With 12% of downloads, Sleeper combines traditional fantasy elements with its new prop style Picks feature.

Betr Picks; Capturing 10% of the market, this platform offers unique over/under markets with substantial multipliers for accurate picks.

Super Bowl 58; An Exciting Betting Event

The Super Bowl holds great significance in the world of sports betting, comparable to March Madness in terms of wagering volume. It is estimated that legal online sportsbooks will handle between $1.5 billion and $1.6 billion in bets for this year’s Super Bowl, marking a significant increase from last year’s $1.08 billion.

For bettors in North Carolina, attention now turns to March Madness. Once the tournament begins, North Carolina betting apps will go live, offering enticing promos specifically tailored for North Carolina sportsbook fans.
Sports enthusiasts are eagerly awaiting the arrival of offerings like the FanDuel North Carolina promo code, which will open up a whole new realm of online sports betting. The world of sports betting in North Carolina is on the verge of undergoing a substantial transformation, promising fresh prospects and a surge of excitement for residents of the Tar Heel State.

✅ Updated on February 7, 2024 by Frank Sutton