Super Bowl 2021 Betting: Odds Update, Prop Bets, Line Moves, Betting Patterns And More For Super Bowl LV

Super Bowl LV Odds Update
Super Bowl LV is officially here and thousands of Americans are opening up their sports betting apps to place what might be their first online wager on the Super Bowl.
The Super Bowl will be one of the biggest/if not the biggest online betting event globally, with millions expected to be wagered on Kansas City Chiefs vs Tampa Bay Buccaneers. We’ve already reported a gigantic $2.3 million wager placed on The Buccaneers with BetMGM.
However, we understand that the rest of the legal sportsbook are actually very much preying for a Buccaneers win.
The Chiefs are the Super Bowl betting favorites to win on Sunday, with the moneyline currently sitting at -159. Which means, if you placed a $100 wager on the Chiefs winning the Super Bowl, you would be set to return $163.
Tampa Bay Buccaneers odds of winning the Super Bowl have been set at +145, which means a $100 wager on the Bucs would return $245.
Latest Super Bowl LV Odds
Kansas City Chiefs -159
DraftKings Sportsbook currently have the best odds on the Chiefs winning the Super Bowl - Click here to bet with DraftKings
Tampa Bay Buccaneers +145
William Hill Sportsbook currently have the best odds on the Buccaneers winning the Super Bowl – Click here to bet with William Hill
Super Bowl LV Lines
The line has been set at -3 for Chiefs, however, online sportsbooks are offering very different odds. BetAmerica for example of offering odds of -110 for this result, whereas BetMGM are offering odds of -125.
It’s a similar story for Buccaneers +3, BetMGM are offering odds of +105, whereas Bet365 are offering odds of -115.
Super Bowl Lines
Kansas City Chiefs -3
BetAmerica currently have the best odds on Chiefs -3 for the Super Bowl – Click here to bet with BetAmerica
Tampa Bay Buccaneers +3
BetMGM currently have the best odds on Bucs +3 for the Super Bowl – Click here to bet with BetMGM
Super Bowl Total Points
DraftKings sportsbook has the total points line at 56.5, but again the price is pretty different with sportsbooks. DraftKings themselves have the best odds for the over line, they currently have the odds set at -106.
BetMGM have the best odds for the under line, they currently have this set at -110.
Super Bowl LV Betting Update
The Chiefs have been the most popular wager in the Super Bowl betting market this month, but only marginally. So far in February, 53.7% of wagers have been placed on the Chiefs winning the Super Bowl.
Tampa Bay Buccaneers have accounted for 46.4% of wagers in the Super Bowl betting market in the same period.
However, Tampa Bay have accounted for 56% of the actual money wagered on the Super Bowl.
Super Bowl MVP Odds & Betting
As expected Patrick Mahomes heads the Super Bowl MVP betting market, sportsbooks have made Mahomes the favorite, and he’s currently priced at -105 with FanDuel.
Tom Brady is the second favorite in the MVP betting market, FanDuel have also got the best odds on Brady, he’s priced at +200.
The market is a lot more open once you get the two key men out of the way, Travis Kelce is the third favorite, he’s priced at +1400 with FOX Bet.
Super Bowl MVP Odds
Patrick Mahomes -105 (Click here to bet at best odds)
Tom Brady +200 (Click here to bet at best odds)
Travis Kelce +1400 (Click here to bet at best odds)
Tyreek Hill +1600 (Click here to bet at best odds)
Click here to see the full Super Bowl MVP betting market
Super Bowl MVP Betting
It may come as a shock that Mahomes hasn’t been the most wagered player in the Super Bowl MVP betting market. That accolade goes to Jason Pierre-Paul, who has accounted for 20.5% of bets placed this month.
Patrick Mahomes has been the second most backed in the market, accounting for 20.4% of all wagers this month.
The third most wagered in the MVP betting market has been Shaquil Barrett, who has accounted for 13.9% of bets this month.
Super Bowl Coin Toss Betting
What about the big one though? Yep, I know you’ve all been waiting to here the odds and betting of the Super Bowl coin toss.
It will come as no surprise that DraftKings has both Heads and Tails at the same price, the odds for the both of them are currently sat at -103.
What is interesting, just over 80% of wagers in the market have been placed on Tails being the outcome.