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Super Bowl Odds – Opening Point Spread, Moneyline, and Total for 49ers vs Chiefs

Robert Duff

by Robert Duff in NFL Football

Updated Jan 28, 2024 · 9:09 PM PST

The 49ers are 1.5-point favorites over the Chiefs in the opening Super Bowl odds.
October 23, 2022; Santa Clara, California, USA; San Francisco 49ers defensive end Nick Bosa (97) sacks Kansas City Chiefs quarterback Patrick Mahomes (15) during the fourth quarter at Levi's Stadium. Mandatory Credit: Kyle Terada-USA TODAY Sports
  • The San Francisco 49ers are 1.5-point favorites over the Kansas City Chiefs in the opening Super Bowl odds
  • Kansas City beat San Francisco 31-20 in the 2020 Super Bowl game
  • See the opening Chiefs vs 49ers odds, point spread and game total

The San Francisco 49ers (14-5, 10-9 ATS) were the betting favorites to win the Super Bowl entering the conference championship games and as they ready to face the Kansas City Chiefs (14-6, 12-7-1 ATS) in the big game, oddsmakers are sticking with the Niners as the chalk.

San Francisco is set as 1.5-point favorites over the Chiefs in the opening Super Bowl odds for the 2024 game.

The Chiefs were 1.5-point favorites over the 49ers when Kansas City beat San Francisco 31-20 in the 2020 Super Bowl. Underdogs are 3-0 against the spread in the Super Bowl since that game.

Last season, the reigning Super Bowl champion Chiefs won 38-35 as 2-point underdogs to the Philadelphia Eagles. The 49ers are 0-2 straight up and ATS in their last two Super Bowl appearances.

49ers vs Chiefs Odds

Team Moneyline Spread Total
San Francisco 49ers -120 -1.5 (-110) Over 47.5 (-110)
Kansas City Chiefs +100 +1.5 (-110) Under 47.5 (-110)

The 49ers are also -120 moneyline favorites in the NFL odds, giving them a 54.55% implied win probability. The total is set at 47.5 points. Four of the last five Super Bowl games have gone under.

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Kickoff for the 2024 Super Bowl game at Allegiant Stadium on Sunday, February 11, is set for 6:30pm ET. The broadcast is being carried by CBS, as well as by DAZN in Canada.

Super Bowl Rematches Favor Previous Winner

This will be the eighth Super Bowl rematch in the history of the big game. So far, the team that won the first game has won the second meeting on five of seven occasions. That includes the 49ers twice beating the Cincinnati Bengals.

The Chiefs will also be looking to become the eighth team to record back-to-back Super Bowl victories. The 49ers also previously did this, winning Super Bowl games in 1989 and 1990.

After beating San Francisco in 2020, the Chiefs failed to turn two when they lost the 2021 Super Bowl to the Tampa Bay Buccaneers by a 31-9 count.

Underdogs Dominant in Recent Games

Along with their current 3-0 ATS run, underdogs have ruled the day most days in recent years in the NFL’s big game. Underdogs are 9-3 ATS over the past 12 Super Bowl games.

The last four times the AFC has been the betting underdog, it’s turned out quite well for them. AFC teams are 4-0 ATS and 3-1 straight up in the past four games in which their conference’s representative has kicked off without the favor of the oddsmakers.

Chiefs On ATS Roll

Sunday’s 17-10 AFC Championship Game win over the Baltimore Ravens marked the fifth time in six games that the Chiefs had covered the spread. They’ve won outright the past two weeks as road underdogs.

The Chiefs are also 6-1 SU in their last seven games and 12-2 SU in the past 14 games they’ve played away from Kansas City.

In previous Super Bowl play, the Chiefs are 3-2 SU and 3-2 ATS. Kansas City is 2-1 SU and ATS in Super Bowl games they’ve played as the betting underdog.

49ers Fare Well As Super Bowl Favorites

The best news for the 49ers might be that they won’t be playing the Super Bowl at San Francisco. The 49ers are 0-7 ATS in their past seven home games, including an 0-2 slate in the NFL postseason. San Francisco is 1-3 ATS in the past four games against AFC opponents.

Overall, the 49ers are 5-2 SU in seven previous Super Bowl appearances. As a betting favorite in the big game, San Francisco is 5-1 SU and 4-2 ATS.

49ers vs Chiefs Early Prediction

In comparison to their previous five trips to the AFC Championship Game, Kansas City’s ride to a sixth consecutive appearance in the NFL final four was a rough ride. However, since the bright lights of the NFL postseason illuminated, the Chiefs have looked like a much different team – one that’s been there and done that.

You could say that the Chiefs have swiftly evolved back into what we expect them to be – a tailor-made Super Bowl contender. The 49ers better be bringing their A-game to the big game. They won’t get away with spotting Kansas City a 24-7 lead like they did in the NFC Championship Game against Detroit.

49ers vs Chiefs pick: Kansas City Chiefs +1.5 (-110)

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