Updated Super Bowl LV odds: Bettors backing Kansas City Chiefs vs. Tampa Bay Buccaneers

Breaking down the odds and lines for Super Bowl LV between the Kansas City Chiefs and Tampa Bay Buccaneers, with a look at line movement.

The Big Game is in sight as the Tampa Bay Buccaneers and Kansas City Chiefs prepare to square off at Raymond James Stadium Sunday at 6:30 p.m. ET in Super Bowl LV. The Chiefs (-3.5) remain favored for a second consecutive Super Bowl title. Below, we take a look at the updated Chiefs-Buccaneers Super Bowl odds and lines at BetMGM Sportsbook.

Also see: $2.3M bet placed on Buccaneers to cover

Chiefs vs. Buccaneers: Odds, spread and lines

Odds via BetMGM; last updated Monday at 5:08 a.m. ET. 

  • Money line: Chiefs -175 (bet $175 to win $100) / Buccaneers +150 (bet $100 to win $150) | Bet now
  • Against the spread: Chiefs -3.5, -105 (bet $105 to win $100 / Buccaneers +3.5, -115 (bet $115 to win $100) | Bet now
  • Total: 56.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

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The Chiefs have an implied win probability of 63.64% based on their -175 money line odds. Those odds can also be seen as a fraction of 4/7 or a decimal of 1.57. Kansas City will need to win by 4 or more points in order to cover the spread.

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The Buccaneers’ implied win probability is 40%. The +150 money line odds are expressed as a fraction of 3/2 and a decimal of 2.50. Tampa Bay covers the spread either by winning outright or losing by a field goal or less.

Super Bowl LV betting trends

The spread opened at 3.5 but dipped quickly to an even 3 points last week before going back 3.5 and holding steady. The total opened at 57.5 but has dropped by a point despite larger shares of tickets and the handle coming in on the Over.

In addition to a $2.3 million bet placed on the Buccaneers (+3.5) to cover, here are some of the other big bets placed at BetMGM:

  • $180,000 to win $100,000 on Chiefs (-180) money line
  • $115,000 to win $100,000 on Chiefs -3.5 (-115)
  • $110,000 to win $100,000 on Chiefs -3.5 (-110)

Despite the Chiefs opening at just +650 on the Super Bowl LV futures odds and receiving 34% of the betting handle, the Buccaneers, who opened at +1600 on the futures odds, represent twice as much liability for BetMGM. Tampa Bay was on 9% of futures tickets and received 11% of the handle through the season.

Also see:

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