The Super Bowl didn't turn out to be all that super for Colorado sports wagers in February — the total amount bet on all sports declined from the previous month for the first time since sports betting was legalized last May.
The $266.5 million bet in February was down $60 million, or 18.5%, from January. Wagers on professional football were down $35 million during the same period, with Super Bowl 55 being the only game during the month. But interest in professional and college basketball remained strong, totaling nearly $120 million, or nearly 45% of the overall total; betting on pro basketball ranked as the top sport for the second consecutive month.
Dan Hartman, director of the Colorado Division of Gaming, said Monday in a news release that with more retail betting and online wagering options and the March Madness (college basketball) championships, "we believe all of these factors will continue the growth trajectory that we see with sports betting in Colorado."
After basketball and pro football, table tennis remained popular with bettors, ranking fourth with $13 million in wagers during February and ahead of pro hockey, soccer, college football, mixed martial arts, tennis and golf. Parlays and combination bets totaled nearly $40 million, and all other sports after the top four combined to total $48.5 million.