Final Super Bowl Odds, Movement, and More: Kansas City Chiefs vs San Francisco 49ers

We're just minutes away from Super Bowl 58 and while Patrick Mahomes continues to thrive in the underdog rule, oddsmakers are putting him in such a spot one last time to close out the 2024 NFL season.

Chris Gregory - Publishing Editor at Covers.com
Chris Gregory • Publishing Editor
Feb 11, 2024 • 18:00 ET • 4 min read
Patrick Mahomes Travis Kelce Kansas City Chiefs NFL
Photo By - USA TODAY Sports

The Kansas City Chiefs may not have been at their best during the regular season, but it doesn't matter. They're back for their fourth Super Bowl in five years.

Their opponent for Sunday's affair in Sin City will be the same as in Super Bowl 54, but while Kyle Shanahan's San Francisco 49ers are back in the Big Game, it's Brock Purdy at the helm this time around.

Patrick Mahomes & Co. have fared just fine as an underdog, beating both Buffalo and Baltimore whilst getting points in the NFL odds. Such will be the same in tonight's Super Bowl odds.

We break it all down in our Super Bowl 58 odds for Chiefs vs. Niners below. Be sure to check out our Chiefs vs. 49ers predictions and Super Bowl predictions for more.

Super Bowl odds

The San Francisco 49ers opened as the Super Bowl 58 betting favorites over the Kansas City Chiefs.

Super Bowl 58 odds analysis

Despite the San Fransisco 49ers needing to mount comebacks in each of their first two playoff victories, oddsmakers continue to give them the edge. 

As of 3:30 p.m. ET on Sunday, the market consensus has the Niners as slim 1.5- to 2-point favorites, with Pinnacle even moving to -2.5. That means a third straight game of the Kansas City Chiefs fetching points despite the continued underdog success of Mahomes. 

With that said, Covers Consensus has the Chiefs collecting 59% of wagers. 

As such, the 49ers are also listed as moneyline favorites between -125 and -130, with the Chiefs coming back as +110 underdogs and as long as +120 at Pinnacle. 

The total has hovered around 47.5 for much of the week but has dropped to 47 and as low as 46.5 at some shops as of Sunday afternoon.

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Chris Gregory Covers.com
Publishing Editor

In his three years on the Covers editorial team, Chris Gregory has helped bolster the site’s PGA Tour and college football coverage, though his love for Rory McIlroy and the Buckeyes is often met with disappointment. He brings a journalism and marketing background to his work as a Publishing Editor and has appeared on Jason Logan’s Sharp 600 to talk about the Masters and golf’s other majors.

His best betting advice? Stay away from betting your favorite teams; it’ll only make the hurt worse.

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