Super Bowl odds: Sharp money pushes 49ers vs. Chiefs point spread up

The San Francisco 49ers are small favorites against the Kansas City Chiefs in Super Bowl 58, according to odds posted at sportsbooks.

The opening point spread had the 49ers laying between 2 and 3 points. FanDuel opened San Francisco -3 but moved to -1 within a few minutes of early betting, while BetMGM adjusted from -2.5 to -1.5. By Tuesday, 49ers -1.5 was the consensus spread on odds boards.

But Tuesday saw sharp bettors lay the 1.5 at market-making books in Las Vegas, where the spread was nudged up to San Fran -2.  On Thursday, the Niners were up to -2.5 at FanDuel Sportsbook.

Live Super Bowl betting lines have San Franciso and KC . Bettors can snag the underdog Chiefs at on the moneyline and the Niners for . The total sits at .

The 49ers dispatched of the Detroit Lions in the NFC Championship Game, 34-31, but failed to cover the 7.5-point spread.

The Chiefs are returning to the Super Bowl for the fourth time in five years. KC’s 17-10 win as 4.5-point underdogs at the Baltimore Ravens on Sunday secured the AFC Championship for KC. Kansas City is 2-1 SU & ATS in Super Bowls under QB Patrick Mahomes.  

In Super Bowl 54 in 2020 — Mahomes’ first appearance in the Big Game – – the Chiefs (-1.5) beat the 49ers, 31-20, and the game stayed UNDER the total of 53.

Betting odds for 2024 Super Bowl: 49ers vs. Chiefs point spread, moneyline, total

Check out NFL betting lines for Chiefs vs. 49ers in Super Bowl 58:

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San Francisco 49ers ATS trends and betting overview

With the win over the Lions in the NFC title game, the 49ers ended a two-game NFC Championship losing streak and earned the franchise’s first trip to the Super Bowl since losing to the Ravens in Super Bowl 44.

The 49ers had one of the best records in the NFL this season at 12-5, but while they won games outright, they were not so lucky ATS, going 9-8. With two ATS losses in the playoffs, the Niners are 9-10 ATS overall this season.

But while they have struggled to cover this season, they have not had issues doing so in the postseason under Kyle Shanahan. Since the 2019 season, the 49ers are 7-3 SU and ATS in 10 playoff games.

When favored, they have gone 5-0 SU and 4-1 ATS. But as the underdog in the postseason, they’ve gone 2-3 SU and 3-2 ATS. In their one Super Bowl appearance under Shanahan, they lost outright and ATS to the Chiefs.

The 49ers’ outlook is promising, given their No. 2 scoring offense and No. 3 scoring defense in the league. 

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Kansas City Chiefs ATS trends and betting overview

With the upset of the Ravens in the AFC title game, the Chiefs now have a shot to become the first back-to-back champions since the New England Patriots won Super Bowls 38 and 39.

The Chiefs were not a great team ATS this year, going 9-7-1 during the regular season. They got off to a solid start, going 6-3 ATS in the first half. But the second was not as productive, as they went 3-4-1 ATS.

A different picture has been painted in the postseason. KC has cashed in all three of its playoff games this year, and is 14-3 SU and 12-5 ATS in the playoffs with Patrick Mahomes at quarterback.

Although the Chiefs opened as underdogs against the 49ers, Kansas City fans don’t seem to have much to worry about. Sunday’s AFC Championship Game against the Ravens marked the 12th time the Chiefs have been underdogs behind Mahomes. They are 10-1-1 ATS and 9-3 SU when spotted points on odds boards.

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