After the Chiefs opened as a +110 underdog at DraftKings and BetMGM, oddsmakers are a bit more confident that Kansas City can win its second title in four seasons when it faces the Philadelphia Eagles in Super Bowl LVII on Sunday.
Just hours before opening kickoff in Glendale, Ariz., the Chiefs went to +100 at both books after previously being listed at +105 on Saturday.
The Kansas City moneyline accounted for just over half of the bets (51 percent) placed on an outright winner, also making up 56 percent of the handle at DraftKings. BetMGM revealed similar action — 59 percent of the bets are on Chiefs moneyline — and 52 percent of the outright winner market handle. The spread for the game has shifted only slightly in the two weeks since the opening line was released with Philadelphia as 2.5-point favorites on BetMGM and a 2-point favorite at DraftKings after the conference championship games.
As of Sunday morning, the Eagles are favored by 1.5 points as a virtual consensus with BetMGM, DraftKings, Caesars and BetRivers posting an identical line.
The point total opened at 49.5 on Jan. 29 and is up slightly. DraftKings offered a 50.5 total on Monday, and 54 percent of bettors took the over. Since then, the total has gone up a half-point to 51. As of Sunday morning, 57 percent of the money was on the over. BetMGM bettors are more confident the teams will put up points; 59 percent were riding on the over at 50.5 on Saturday, which increased to 61 percent by Sunday morning. Philadelphia and Kansas City had no problem scoring this season. The Chiefs led the NFL in that category in the regular season (29.2) and the Eagles put up the third most points per game at 28.1.
Two of the main contributors to their respective team’s success have been quarterbacks Jalen Hurts and Patrick Mahomes, who are currently the frontrunners to take home Super Bowl MVP honors. Hurts (+120) was the favorite to take home the award over on DraftKings, while Mahomes (+125) was a close second on Feb. 4. Since then, the quarterbacks swapped places, and Mahomes sits at +120 while Hurts was at +135.
Line movement regarding the MVP race over on BetMGM has been staggering. Hurts opened at +650, went down to +135 by Tuesday and is now listed at +140, while Mahomes opened +400 and moved to +135 by Tuesday before settling into his current odds at +130.
One of BetMGM’s most-bet rushing props as of Tuesday was Miles Sanders’ rushing total, which was set at 59.5 yards (-115). The line has now moved to 61.5 yards, with the over at -110 and the under at -120. As of last Sunday, Mahomes to throw for over 1.5 touchdowns was the player prop with the most bets at DraftKings. The line was -210 at the time, but Mahomes’ TD total jumped to 2.5, and the odds were posted at +170. A bettor over at BetMGM made a potential splashy wager on Tuesday, putting $1 million on the Eagles to win the Super Bowl at -125 odds. –Field Level Media
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