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Super Bowl 54 Exact Outcome Odds: Oddsmakers are Predicting Chiefs to Beat the 49ers

Super Bowl 54 Exact Matchup Odds

With two playoff rounds in the books and the conference finals here, sportsbooks offering odds on the exact outcome of Super Bowl 54 are giving the edge to the Kansas City Chiefs to beat the San Francisco 49ers on February 2.

The Chiefs triumphing over the 49ers is the +200 favorite as the likeliest outcome at  Bovada, with the 49ers beating the Chiefs (+225), Chiefs beating the Green Bay Packers (+650), Packers beating the Chiefs (+700), 49ers beating the Tennessee Titans (+800), Titans beating the 49ers (+1000), Titans beating the Packers (+1600) and Packers topping the Titans (+2000) also available to wager on.

Upsets Continue to Be the Theme of the Playoffs

The wild-card round featured no shortage of upsets, as the Vikings upended the New Orleans Saints as 7.5-point underdogs and the Tennessee Titans ousted the New England Patriots as +4.5 dogs at Gillette Stadium.

The divisional round didn’t disappoint in that regard either, with the Baltimore Ravens receiving an early playoff exit at the hands of the Titans in one of the biggest postseason upsets we’ve seen in years. Baltimore’s elimination has shaken up the oddsboard, with the Chiefs becoming the new Super Bowl favorites in their place.

Patriots Won’t Represent the AFC This Year

New England’s loss is significant for a number of reasons, as Tom Brady and company won’t play in February for the first time since 2016. In the Brady/Bill Belichick era, the Pats have made nine Super Bowl appearances, yet New England’s dynasty is seriously up in the air right now with Brady about to hit the unrestricted free-agent market for the first time in his career. To find out which NFL teams have the best chance to land Brady in free agency, click here.

Looking for more information on how to bet the Super Bowl? To learn about the various betting opportunities available for the biggest sporting event in North America, we have you covered. Our best NFL sites page will help to find the sportsbook that’s right for you as you prepare to get your action in on the gridiron.

Which squads do you think are going to collide in Miami on February 2? Voice your opinion in the comment section below. Here’s a look at the book’s full list of Super Bowl matchups:

Super Bowl 54 Exact Outcome Odds
Chiefs defeat 49ers+200
49ers defeat Chiefs+225
Chiefs defeat Packers+650
Packers defeat Chiefs+700
49ers defeat Titans+800
Titans defeat 49ers+1000
Titans defeat Packers+1600
Packers defeat Titans+2000

Odds as of January 17 at BetOnline

How to Read Super Bowl Matchup Odds

When you check out an NFL betting site, you’ll see odds displayed like this:

Patriots vs Saints +475

Patriots vs 49ers +550

Patriots vs Packers +1175

Unlike a moneyline bet where the favorites are represented by the minus sign (-), and the underdogs with the plus sign (+), here the fave is the matchup with the lowest odds (Pats vs Saints). Generally, the team that won the Super Bowl the previous year will find itself at the top of the oddsboard.

If you were to bet $200 at +475, you’d get a payout of $1,150 – your original $200 is returned along with your winnings of $950. Our Odds Calculator will tell you what you’d win based on the odds and amount bet.

What is a Prop Bet on the NFL?

A prop bet is a wager you make on the occurrence or non-occurrence of team or player milestones that may not correlate to the outcome of a particular game. In this case, you’d be betting on the exact Super Bowl lineup.

As the season progresses and more games are played, oddsmakers will adjust the lines. A surging squad in November would see their odds to make it to the big game change to reflect their on-field performance. For instance, if the Chiefs had a rough start but then spend the next 10 weeks destroying their opponents, the odds will shift in their favor.