The Super Bowl odds 2024 have landed. Following two exhilarating Conference Championship games, the bookies have released their prices for the final showdown of the NFL season.
On Sunday, February 11th, the San Francisco 49ers and Kansas City Chiefs will battle it out for the Vince Lombardi Trophy at Allegiant Stadium in Las Vegas. What do the opening Super Bowl odds 2024 tell us about the matchup? Let’s find out.
Super Bowl Odds 2024
- Moneyline: San Francisco 49ers (-118) / Kansas City Chiefs (-102)
- Point Spread: San Francisco 49ers -1 (-110) / Kansas City Chiefs +1 (-110)
- Game Total: Over 47.5 Points (-110) / Under 47.5 Points (-110)
As you can see, San Francisco is the bookies’ favorite to win the Super Bowl, but there is very little between the two teams in terms of the moneyline odds. The 49ers are priced at -118, while the Chiefs are priced at -102.
Due to the tight moneyline odds, the point spread is also notably narrow. San Francisco has been given a -1 handicap, while Kansas City has been handed a +1 advantage.
The game total wraps up the opening Super Bowl odds 2024. Standing at 47.5 points, the total is bound to attract plenty of attention from bettors. Only four of the Chiefs’ 20 games have produced over 47.5 points this season (20%), compared to eight of the 49ers’ 19 games (42%).
In the previous round, San Francisco failed to cover the spread, defeating the Detroit Lions by just three points. Meanwhile, Kansas City upset the odds against the Baltimore Ravens, triumphing as the +154 underdog.
Super Bowl Odds 2024 – Betting Trends
The bookies expect the 49ers to edge the Chiefs this time around, but the Super Bowl rarely goes to plan. In fact, multiple underdogs have upset the odds in recent years.
Now that you’re up to speed on the Super Bowl odds 2024, let’s take a closer look at some important betting trends from past seasons. The following information could help you when it comes to placing your Super Bowl wagers.
- The betting underdog has covered the spread in each of the last three Super Bowls. In 2023, Kansas City defeated the Philadelphia Eagles by three points to claim the Lombardi Trophy.
- The betting underdog has also covered the spread in five of the previous eight Super Bowls.
- Across the past 10 seasons, the betting favorite has covered the spread on only three occasions.
- Between 2019 and 2022, four consecutive Super Bowls went under the bookies’ game total. However, that trend was bucked last season.
- Across the past 10 seasons, the game total for the Super Bowl has been split evenly, with five overs and five unders landing.
- The 49ers lost their last two Super Bowl appearances, failing in 2012 and 2019.
- The Chiefs have featured in three of the previous four Super Bowls, triumphing in 2019 and 2022.