Football fans everywhere spent money on the 51st Super Bowl
On Sunday February 5, 2017 the New England Patriots defeated the Atlanta Falcons in the 51st Super Bowl. Football fans across the country tuned into the festivities and likely spent money, whether they were at the game, at home throwing a party, or at a local sports bar. Companies also spent big on spots for their commercials.
Fans traveled to the NRG Stadium in Houston for the Super Bowl. The average list price for tickets as of Wednesday February 1st was $4,243, according to ticket sales aggregator website tiqiq.com. Roundtrip flights to Houston cost more than $1,044 from Boston (Patriots’ territory) for a Feb. 3 departure and Feb. 6 return, and about $806 for the same trip from Atlanta (from where the Falcons hail). Flights from New York cost $976, while those from Los Angeles cost $785 and from Chicago, $937, according to Priceline.com.
For fans that did not travel to Houston, they may have ended up at a local bar or at a friend’s party, if not throwing one themselves. About 12.4 million people planned to go to a nearby bar or restaurant to watch the game, according to National Retail Federation, a retailer industry group, and 27% of those surveyed said they planned to go to a party. Americans were expected to spend about $14.1 billion in total for Sunday night, on food, decorations and team apparel, with each person spending an average of $75, the NRF found, which is less than what they spent last year, at $15.5 billion. There are ways to save, Exantus said, such as asking friends to bring dishes, getting color-coordinated but non-branded decorations and searching the web for deals.
A large amount of money spent on the Super Bowl comes from gambling. Americans are expected to bet $4.7 billion on the game this year, according to an estimate by the American Gaming Association (AGA), a trade group based in Washington, D.C. Almost all of them (97%) will be illegal because of the 1992 federal law known as the Professional and Amateur Sports Protection Act, with only four states exempted: Nevada, Oregon, Delaware and Montana. Still, Super Bowl betting is on the rise — this year’s estimate is an 11% increase since last year. In the legal capacity, betting is done with sports books, said Whit Askew, vice president of government relations at AGA, but illegal betting is done through bookies or wagers made online on offshore sites. Fans bet on multiple things during the game. For example, they bet on the coin toss, which team will pick which side and which team will win the toss.
However fans spent their time watching the Super Bowl, they were most likely spending money on it.