BetMGM Super Bowl Odds: Complete Breakdown of the Latest Chiefs vs. 49ers Odds at BetMGM
The Super Bowl is only four days away! Jason Radowitz takes a closer look at BetMGM Super Bowl odds. Read on to find out the latest BetMGM Super Bowl LVIII odds.
Jason Radowitz - February 7, 2024, 11:08 AM EST
5 minBetMGM Super Bowl Odds: Complete Breakdown of the Latest Chiefs vs. 49ers Odds at BetMGM
The Super Bowl is one of the world's most heavily bet-on events every year.
If you're not a football fan, chances are, you'll still be watching the big game at a party with friends and family.
There are many people who have bet the football season throughout the year. However, others might just be joining the hype train in the sports betting world.
You'll want to shop around for the best prices and odds for the specific bet you wish to wager on.
Therefore, we've added multiple articles with Super Bowl odds from all the notable and legal sportsbooks in the United States.
Take a look at the latest BetMGM odds for Super Bowl LVIII between the Kansas City Chiefs and San Francisco 49ers.
BetMGM Super Bowl Odds
Team | Spread | Moneyline | Total |
|---|---|---|---|
San Francisco 49ers | -2 (-110) | -130 | O 47.5 (-110) |
Kansas City Chiefs | +2 (-110) | 110 | U 47.5 (-110) |
Here are the three most bet markets in the NFL.
The 49ers are projected to win this game, with a higher probability. San Francisco is -2, meaning if the 49ers win this game by three points or more, you'd win your bet with a -2 49ers ticket.
However, if the Chiefs win the game outright, you'd lose. If the Chiefs also lost by just one point, you'd also lose your -2 wager.
The rule of thumb is to bet the short favorite with the moneyline and the slight underdog with the points. You don't want to have the 49ers at -2 and then lose the bet when the 49ers win by one!
BetMGM Super Bowl Point Spread
Team | Spread | Implied Probability |
|---|---|---|
San Francisco 49ers | -2 (-110) | 52.40% |
Kansas City Chiefs | +2 (-110) | 52.40% |
The 49ers are two-point favorites heading into the Super Bowl. Earlier in the season, this number would've been higher. However, the public and oddsmakers have been impressed with the Chiefs recently.
Kansas City has made four of the last five Super Bowls and is looking for its third Super Bowl in those five seasons.
The Chiefs didn't have a bye week and played three consecutive weeks in the playoffs. They never looked outmatched and won back-to-back games on the road against the Bills and Ravens. Those are tough environments, but Mahomes and the Chiefs never flinched.
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BetMGM Super Bowl Moneyline Odds
Team | Spread | Implied Probability |
|---|---|---|
San Francisco 49ers | -2 (-110) | 52.40% |
Kansas City Chiefs | +2 (-110) | 52.40% |
It feels like the 49ers have been outplayed by their opponents in the playoffs. The Lions had a substantial lead against the 49ers in the NFC Conference Championship but made some poor decisions down the stretch to allow San Francisco back in the game.
But even in the NFC Divisional Playoffs, the 49ers had to escape the Green Bay Packers at home. It felt like the Packers deserved to win that game more.
Still, the 49ers are favorites at -130 to beat the Kansas City Chiefs. They've got an implied probability of 56.5%, which is obviously greater than Kansas City's implied probability of 47.6%.
BetMGM Super Bowl Total
Total | Odds | Implied Probability |
|---|---|---|
Over 47.5 | -110 | 52.40% |
Under 47.5 | -110 | 52.40% |
The total is currently set at 47.5. It hasn't moved since the total opened.
The Chiefs and 49ers are both known for having solid defenses. However, the 49ers just allowed more than six yards a carry to the Lions in the NFC Championship Game.
On the other hand, the Chiefs held the Baltimore Ravens to 10 points, thanks to a timely turnover against Zay Flowers around the end zone.
Meanwhile, the 49ers have many quality skill players around quarterback Brock Purdy, and the Chiefs have one of the best quarterbacks in NFL history in Patrick Mahomes.
Deciding on the total this year is tough. That's ultimately why the line hasn't moved since opening.
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NFL ODDS
