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$1M bet placed on Super Bowl, $100K wager on coin toss

Updated January 30, 2024 - 9:43 am

And they’re off.

The first $1 million bet on the first Super Bowl in Las Vegas was placed Tuesday by a Caesars Sportsbook bettor in Michigan.

The gambler wagered $1 million on the 49ers on the money line (-120) to win Super Bowl 58 at Allegiant Stadium.

If the Niners beat the Chiefs, the bettor will profit $833,333.33.

Caesars also took a $200,000 wager to win $480,000 on San Francisco quarterback Brock Purdy to win the Super Bowl MVP award (+240), and a $100,000 bet on the coin toss to land on tails.

“Tails never fails, and a customer is all in on the coin flip,” Caesars vice president of trading Craig Mucklow said in a text message.

The 49ers are consensus 1½-point favorites over Kansas City, and the consensus total is 47½. The Niners are -125 at Caesars on the money line, and the Chiefs are +105.

Kansas City quarterback Patrick Mahomes is the +130 favorite at Caesars to be named Super Bowl MVP, and Purdy is now the 2-1 second choice.

The coin toss odds are a toss-up, with heads and tails each priced at -105.

Contact reporter Todd Dewey at tdewey@reviewjournal.com. Follow @tdewey33 on X.

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