Americans to Spend an Estimated $4.2 Billion in Super Bowl Bets

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A general view of the Denver Broncos versus the Carolina Panthers during their game at Bank of America Stadium on Nov. 11, 2012, in Charlotte, North Carolina. (Credit: Streeter Lecka/Getty Images)

It’s the one day when many Americans gladly take a gamble: Super Bowl Sunday.

As the Denver Broncos meet the Carolina Panthers in Super Bowl 50 this Sunday, millions of people will place some type of bet on the game even if they don’t care about football.

A minority will gamble legally at Nevada’s casinos but most will make friendly, if often illegal, wagers at their workplace, corner bar or Super Bowl house party. Even those careful with a dollar often plunk down $10 for a square in the office pool.

“A lot of people bet on only one game the entire season, and this is the one,” said Jay Kornegay, director of the sports book at the Westgate Las Vegas Resort & Casino.

Click here to read the full story on LATimes.com.