49ers-Chiefs Super Bowl LIV odds: Kansas City slight favorite over San Francisco

Super Bowl LIV is here, and the Kansas City Chiefs are slight favorites over the San Francisco 49ers. What do these sports betting odds and lines mean?

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Get your popcorn ready, Super Bowl LIV is here. Sports bettors rejoice at what should be the largest sports betting day of the year, while the oddsmakers have made this year’s Super Bowl odds very, very close across the board.

The Kansas City Chiefs are the ever-so-slight 1.5-point favorite entering the matchup with the San Francisco 49ers. The two teams meet Sunday, Feb. 2, at 6:30 p.m. ET at Hard Rock Stadium.

Oddsmakers at BetMGM sportsbook haven’t changed the odds much around this game since it hit the board over a week ago. The Chiefs, with a moneyline of -121, have implied odds of 54.75% to win Super Bowl LIV. The 49ers, meanwhile, are at +105, making them slight underdogs from a betting point of view. San Francisco has an implied 47.78% win probability.

In other words, this one has some razor-thin margins to work around on the base sports betting odds.

Just as interesting is the projected points total. BetMGM oddsmakers have the base line at 54.5 points scored, with a steady -110 tax on both sides.

Also see: Super Bowl LIV Betting Guide

Super Bowl LIV Betting Odds

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A $100 moneyline wager on the Chiefs would return a profit of $82.64 with a Kansas City Super Bowl LIV championship. The same $100 wager on the 49ers would return a profit of $105 should they come out on top.


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If you’re betting against the spread, the 1.5-point margin basically puts you in a moneyline-like betting situation because there’s next to no wiggle room. For the Chiefs, at -1.5 (-106), a $100 wager is almost at even money, paying a profit of $94.34 with a Kansas City victory over San Francisco by 2 or more points.

On the flip side, San Francisco +1.5 (-112) would pay $89.29 profit if the Niners lose by just 1 point or win the game outright as underdogs. If you’re considering betting the spread, utilizing one of many alternate lines BetMGM offers would be the route to go to find a better return for either team. After all, it’s tough to bank on a one-point loss, as that doesn’t provide you much insurance. If you think the 49ers win outright, you’re better off placing your bet on the ML, which is at plus-money ($105 ML profit vs. $89.29 ATS profit on a $100 bet).

As for the Over/Under, at -110 juice on the 54.5 points, a $100 wager on either side of the line returns a $90.91 profit. For the Over to hit, both teams would need to combine to score at least 55 points during Super Bowl LIV. For an Under wager to win, both teams would need to combine to score 54 points or less.

Want some action on this game? Visit BetMGM and place your bets on the big game now.

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Gannett may earn revenue from audience referrals to betting services.  Newsrooms are independent of this relationship and there is no influence on news coverage.

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