The Super Bowl is one of the biggest gambling events of the year, with nearly $7 billion expected to be wagered when the Kansas City Chiefs take on the San Francisco 49ers. While the majority of bets are small dollar amounts, several six and seven-figure wagers have been placed in recent days.

According to data compiled by ESPN, a $1 million bet was placed on the 49ers moneyline on Jan. 29 at +120 odds at the MGM Mirage in Las Vegas. If the 49ers were to win the game outright, the person who placed the wager would win $1.2 million on top of their initial $1 million bet, walking away with $2.2 million.

Four of the top 10 largest bets have been placed on the 49ers, including the aforementioned $1 million bet and a $684,000 wager placed in New Jersey on Draftkings Sportsbook on Jan. 21, at -114 odds.

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The Chiefs accounted for the next two largest bets, a $550,000 wager at the Bellagio (-110 odds) on Jan. 28 expecting the Chiefs to win by at least one point and a $200,000 bet at MGM placed on Jan. 25, also expecting the Chiefs to win by at least one point.

A record 26 million Americans are expected to bet $6.8 billion on Super Bowl LIV, as more states legalize online gambling and the public becomes comfortable with it, according to newly released data from the American Gaming Association.

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Here are the top ten largest wagers, according to ESPN, including odds, sportsbook and date:

$1 million, 49ers moneyline (+120) at MGM Mirage in Las Vegas placed on Jan. 29

$684,000, 49ers +2 (-114) at DraftKings Sportsbook in New Jersey placed on Jan. 21

$550,000, Chiefs -1 (-110) at Bellagio in Las Vegas placed on Jan. 28

$200,000, Chiefs -1 at MGM book in Las Vegas placed on Jan. 25

$187,000, 49ers moneyline (+107) at Hollywood Casino at Charles Town Races in West Virginia placed on Jan. 21

$150,000, Chiefs moneyline (-125) at MGM book in Las Vegas placed on Jan. 20

$120,000, 49ers moneyline (+120) at Rampart Casino in Las Vegas placed on Jan. 24

$120,000, Chiefs -1 (-110) at CG Technology book in Las Vegas placed on Jan. 28

$115,000, Chiefs moneyline (-115) at Rampart casino in Las Vegas placed on Jan. 24

$110,000, over 52.5 points at SuperBook at Westgate Las Vegas placed on Jan 19

The matchup between the Kansas City Chiefs and San Francisco 49ers is expected to be a tight one, with most oddsmakers favoring Kansas City by just 1.5 points.

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