Super Bowl LIX: Major Bets Surge on Chiefs and Eagles
Super Bowl LIX is only a few days away but the betting odds for the match between Kansas City Chiefs and Philadelphia Eagles are currently on the move. Bettors are splitting into the two teams with early wagering despite divided opinions, bringing a stability of the points spread.
This article will give you an overview of the point spread, moneyline bets, betting trends, notable bets placed, and other expert predictions and analysis, so that punters can make well-informed decisions while betting on the two teams.
Point Spread and Moneyline Overview
The Chiefs opened as 1.5 point favorites and -130 on the moneyline odds which have shifted towards the Philadelphia Eagles by Wednesday 5 February. The Eagles opened at +110 on moneyline betting odds that is currently set at even money of +100 to be able to win Super Bowl LIX.
Even at -120, The Chiefs are favored to 3 -peat. However, the betting odds for the game is moving in favor of the Eagles. Additionally, spread odds for the Chiefs are currently at -105 which has reduced from -110 although they are at 1.5 point favorites.
As for totals, the over/under bet is set at 48.5 points with several huge bets coming from the Under.
You can get the latest betting odds on NFL betting sites like SportsLine Consensus and BetMGM.
Betting Trends and Public Sentiment
Generally, there are slight movements on games that have the maximum bets in a year, but the common scene involves bettors nearly splitting on the two sides. Even for the Chiefs vs Eagles, of all the spread bets, the Chiefs had 54% while the Eagles secured 46%. There is no clarity on who has a majority of the bets, which is why the line has not moved at all.
The wagers have reached 6 figures for both sides on moneyline odds, according to BetMGM. The Eagles took wagers worth $800,000 at +110 odds while the Chiefs secured a $300,000 bet at -130 odds.
Money bets generally occur when the Super Bowl comes in before the kickoff, and so there is adequate time for point spreads to move depending on the moneyline bets. However, so far, bookmakers have not found a strong majority, therefore, there is no reason to shift the lines of the game.
Expert Predictions and Analysis
The Super Bowl LIX has the most popular bets, predicting a close win for the Chiefs. They are mostly taking the 1 ½ points with Patrick Mahomes controlling the lever of the game. The American football quarterback is 3-1 outright in the Super Bowl and all of his games have featured lines of 3 points or less. His presence brings coaching advantages to the Chiefs.
However, many also believe that the Super Bowl LIX will have the Eagles winning at a more favorable price than the points spread.
With a more balanced team, a majority of the Super Bowl bets are being placed on the Eagles on various platforms. Between the top two teams who are most likely to win the Super Bowl, BetVictor Canada AI projection gives a 52% chance to the Philadelphia Eagles of winning the Super Bowl over the Kansas City Chiefs who hold 48%.
Notable Bets Placed
So far, large moneyline bets have been placed on both teams with $800,000 based on the Eagles and $326,000 on the Chiefs. There are countless future bets placed earlier in the season on both clubs winning the Super Bowl with betting odds of +275 for the Eagles and +650 for the Chiefs.
Sizeable bets were placed on the total as well and the largest bets reported were on the Vegas Strip at BetMGM. A total of $150,000 was put on under 49.5, which showed money flowing into the platform.
There were interesting MVP wagers as well since early in the postseason. The largest longshot bets were placed on two kickers – with a modest $550 bet on Chiefs’ player Harrison Butker and another $550 wager on Eagles’ Jake Elliott.
Parlay Bets and Longshots
Countless futures parlays were involved with the Super Bowl winner. The essence of Parlay bets is that they are offered very little to win. Kansas City witnessed a few noteworthy futures bets in 2024 when a DraftKings Sportsbook user placed a bet worth $22,000 on the Chiefs, who had +650 odds to win the Super Bowl LIX.
Since then, it has been a very long wait, but if Kansas City pulls off their 3 peat, then the bettor is likely to gain $143,000. More recently, a bettor on Caesars Sportsbook placed a bet worth $50,000 on the Chiefs with betting odds of +210 to win the Super Bowl, and he will gain $105,000 if KC beats Philadelphia. Another customer could potentially win $13,513 from a modest wager of $25 on Kansas City.