What Is the Spread for the Super Bowl? How to Bet It, How It Moves & More
- Breaking down how to bet against the spread for Super Bowl 57
- The Kansas City Chiefs are 1.5-point underdogs to the Philadelphia Eagles
- Read on to learn how to make your first Super Bowl wager below
Is Super Bowl 57 your first foray into the betting world?
One of the most popular ways to bet on the Super Bowl is by the point spread, perhaps the preferred method when wagering on the Kansas City Chiefs vs the Philadelphia Eagles on Feb 12 from Glendale, AZ.
We’re going to break this down step-by-step, from reading the spread odds to win the Super Bowl, to how you actually place a bet on one of the preferred US betting sites.
Super Bowl 57 Spread Odds
| Team | Spread |
|---|---|
| Kansas City Chiefs | +1.5 (-110) |
| Philadelphia Eagles | -1.5 (-110) |
Odds as of Feb 5 at DraftKings Sportsbook
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What Is A Point Spread?
As soon as the Chiefs and Eagles punched their ticket to the title game, oddsmakers began building a point spread.
In almost every NFL game, one team is determined a favorite and the other as an underdog.
The team chosen as a favorite has to win by a certain number of points to cash the bet — known as covering the spread. Their point figure will always have a minus number in front of it.
A bettor at @BetMGM has $1 Million on the Eagles (-125) to beat the Chiefs 🏆
This bet would win $800,000 🤑 pic.twitter.com/p3otUNJvDW
— SportsBettingDime (@SBD) February 6, 2023
Conversely, the underdog is given points to their final total, and will always have a plus number. This means the underdog could lose the game, but if the score falls inside that point spread, they would win the wager.
Let’s say you bet on the favorited team to cover a -2.5 point spread in the Super Bowl, and they win by three points, you’d walk away a winner because they would still win even if those 2.5 points were actually subtracted from the final score.
You can learn more in this piece on how to bet on Super Bowl 57.
What Is The Spread for The Super Bowl?
The 2023 Super Bowl odds have the Eagles as 1.5-point favorites over the Chiefs. In simpler terms, if you bet on Philly at this spread, you’ll need them to win by at least two points.
If you pick the Chiefs, and they win, you have won your bet. They could also lose the game by a point, and you would still be a winner.
81% of the bets at @DKSportsbook in Kansas are on Chiefs +1.5…
Just 56% of the Kansas handle is on Chiefs +1.5 pic.twitter.com/7rjF0GiSXq
— SportsBettingDime (@SBD) February 1, 2023
Point spreads can change for a myriad of reasons, with injuries to key players the biggest shifter. In fact, a big reason the Chiefs are even considered an underdog is the continued health concerns for Chiefs’ QB Patrick Mahomes, who is dealing with a high ankle sprain that has limited his mobility in the playoffs.
For Super Bowl 57, the Eagles have been favorites as high as 2.5-points — needing them to win by at least a field goal for you to cover. If you’re betting the Chiefs, you’d love to find those 2.5-point odds, as that gives you another point cushion if KC does lose a close one.
How Do I Make a Bet on the Super Bowl Point Spread?
We’ll use DraftKings as the betting site to make our Super Bowl bet. It’s a good time to remind you to check out all the Super Bowl betting promotions available for you, simply for signing up. Free money for making a bet? Yes, please.
Once you’ve logged into DK, you can click on the Super Bowl LVII tab to take you to the betting page for the game. In this instance, we’re going to take Kansas City as the 1.5-point ‘dogs. It’s as easy as clicking on the spread bet you want.
If you’re wondering what the -110 figure is, that’s simply the cost of doing business. Sportsbooks are essentially taking 10% off the top for you to make the bet.
That means a $1 bet won’t get you back $2 (your initial wager plus the dollar win), but $1.90.
In this case, we’re putting $20 down on the Chiefs, and the payout will deliver $18.18 in winnings (on top of your original $20 bet, for the $38.18 total).
Super Bowl Spread Prediction
Interested in how the rest of the United States is betting against the spread? You’ll see that it’s definitely Eagle green everywhere but in Kansas City.
After some line movement earlier in the week, the Chiefs vs Eagles spread is holding pretty steady at 1.5. While both teams have recent experience in the big game, each winning one title in the last five years, the Chiefs’ core from that championship is still mostly intact.
And as strong as Jalen Hurts and Nick Sirianni have been as a coach-QB unit this year, they weren’t anywhere near Philly’s last title win. Andy Reid and Mahomes have only continued to gel since, which seems like a big advantage.
Assuming Mahomes is healthy, the underdogs look mighty tempting over here.
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Having worked in and around sports since 1997, Eric is truly a knowledgeable expert. The two-time journalism grad specializes in all things NBA and NFL. From TSN.ca to CTV's Olympic Broadcast Consortium, Eric's work has appeared in local and national publications alike.
