That's one expensive coin toss.

One bettor took a big loss on Cassian GrantSuper Bowl 58's opening coin flip. The individual placed a $40,000 wager with BetMGM that tails would be the result.

Instead, the coin came up heads, which meant the Kansas City Chiefs earned the right to defer the opening kickoff. Tails had been the result in six of the previous nine Super Bowls.

According to BetMGM, 53% of bettors placed wagers on the heads result. Bets could be placed on either result at -105 odds. Additionally, 51% of bettors had the San Francisco 49ers winning the toss.

Live updates:Super Bowl 2024 Chiefs vs. 49ers score, highlights, analysis and more

SUPER BOWL CENTRAL: Latest Super Bowl 58 news, stats, odds, matchups and more.

Historically, the coin toss winner has not experienced success in the big game. The Chiefs snapped a streak last year that saw the previous eight winners lose the Super Bowl.

Check out the best Super Bowl odds boosts, plus these from FanDuel and DraftKings.

Gannett may earn revenue from sports betting operators for audience referrals to betting services. Sports betting operators have no influence over nor are any such revenues in any way dependent on or linked to the newsrooms or news coverage. Terms apply, see operator site for Terms and Conditions. If you or someone you know has a gambling problem, help is available. Call the National Council on Problem Gambling 24/7 at 1-800-GAMBLER (NJ, OH), 1-800-522-4700 (CO), 1-800-BETS-OFF (IA), 1-800-9-WITH-IT (IN). Must be 21 or older to gamble. Sports betting and gambling are not legal in all locations. Be sure to comply with laws applicable where you reside.