- What Is The Current Line On The Super Bowl Game
- What Is The Latest Line On The Super Bowl
- What Is The Latest Betting Line On The Super Bowl
- What Is The Current Las Vegas Line On The Super Bowl
- The latest 2020 Super Bowl Odds are updated with the favorites to win, our predictions for Super Bowl 54 and Super Bowl betting history.
- After the 49ers destroyed the Packers in the NFC championship game to set up the Super Bowl matchup, the Chiefs opened as 1.5-point favorites, and that line has held over the last two weeks.
The model enters the 2021 Super Bowl on an incredible 120-78 run on top-rated NFL picks that dates back to the 2017 season. The model also ranked in the Top 10 on NFLPickWatch four of the past five years on straight-up NFL picks and beat more than 95 percent of CBS Sports office pool players four times during that span.
For the first time in almost a decade, two teams that have met in the regular season will contest the Super Bowl.
When the Kansas City Chiefs and the Tampa Bay Buccaneers cross path in Super Bowl LV on Sunday, they will become the first two franchises to collide in the NFL championship game after meeting in the regular season since the New York Giants defeated the New England Patriots in Super Bowl XLVI.
In the 13 times the rematch of a regular season meeting has taken place in the Super Bowl, the teams that won the regular season matchup have won on six occasions. That bodes well for the Bucs, who lost 27-24 when the Chiefs visited Raymond James Stadium in Week 12 of the regular season.
Here's a look at the main betting trends ahead of Super Bowl LV.
The Chiefs are the consensus favorites, with odds ranging from 3-5 at BetMGM to 8-13 at DraftKings, while the Bucs are 7-5 with both sportsbooks.
Kansas City is 16-1 with Patrick Mahomes as a starter this season and hasn't lost a playoff game since the 2018 AFC Championship Game, when a certain Tom Brady led the New England Patriots to a 37-31 win at Arrowhead Stadium.
According to data from BetMGM, 12 percent of tickets—the number of total bets—and 34 percent of the handle the total amount of money staked—ahead of Super Bowl LV has gone on the Chiefs, while the Bucs have commanded nine percent of the tickets and 11 percent of the handle respectively.
'The public loves Patrick Mahomes and the Chiefs but sharp bettors have not wagered on either team,' Jason Scott, VP of Trading at BetMGM, told Newsweek.
Worryingly for the Bucs, favorite teams are 35-19 straight up in Super Bowl history and AFC teams have won four of the last five Super Bowls.
Kansas City opened as a 3.5-point favorite, but the line has since moved and the Chiefs are consensus three-point favorite and 19-20 to cover the spread with BetMGM and 5-6 with DraftKings respectively.
Bookmakers, however, have indicated the line could move again towards the reigning Super Bowl champions.
'Despite seeing most of the early action we moved the line to -3 after significant action from our sharpest football players,' Pat Morrow, Head Oddsmaker at Bovada, told Newsweek.
'Since the move, betting trends have remained the same with the Chiefs -3 seeing 75 percent of the action. If we continue to see this one way betting on the Chiefs, I would not be surprised if the line moved back to -3.5.'
The Chiefs have won 16 of the 18 games they have played this season, but they are a modest 8-10 against the spread and 7-9 against the spread in games they entered as favorites.
Mahomes, however, is 27-13-1 against the spread in games in which the Chiefs were not a double-digit favorite.
Tampa Bay, meanwhile, is 11-8 against the spread, covering by an average of 4.2 points per game.
More significantly, the Bucs are 4-1 against the spread—the NFL's joint-best winning percentage this season—as the underdog and Brady is 40-17-2 in the same scenario in his career.
Tom Brady, however, is 4-5 against the spread in his nine appearances in the Big Game and while betting against six-time Super Bowl champion remains a risky exercise, some bookmakers don't expect Brady's first season in Tampa to have a fairytale end.
'With the Chiefs outright favourites from the start of the season and now 1-2 to win on Sunday, the 'Tom Brady effect' could be a red herring,' a Unikrn spokesperson told Newsweek.
'The market [is] suggesting this game is a bridge too far for Brady to cross.'
Super Bowl LV marks the first time Brady enters the NFL championship game as an underdog since the Patriots were 14-point underdogs against the St. Louis Rams in 2002, Brady's first appearance in the Super Bowl.
Favorites are 27-25-2 against the spread in the Super Bowl and have covered in the last two and three of the last four.
The over/under line in terms of total points scored opened at 57—the second-highest in Super Bowl history behind only Super Bowl LI—but has since moved down to 56.
Picking the over/under is historically difficult when it comes to the Super Bowl, where the record stands at 26-26-1—no over/under data is available for Super Bowl I. In the past 20 years, 10 Super Bowls have gone over and 10, including the last two, have gone under.
The picture has been similarly balanced for the Chiefs and the Bucs this season, with the over hitting in nine of Kansas City's 18 games and in 11 of the Bucs' 19 games.
The Bucs and the Chiefs have the second-best and fifth-best offense in the NFL in terms of points scored this season, at an average of 30.7 and 29.6 points per game respectively.
Tampa Bay has scored at least 24 points in its last 10 straight games—including the 27-24 loss at home to Kansas City in Week 12 of the regular season—and arrives in Super Bowl LV on the back of a franchise-record streak of scoring at least 30 points in six consecutive games, while the Chiefs have scored at least 30 points in six of their last seven playoff games.
On the other side of the ball, the Bucs have allowed 22.3 points per game, while the Chiefs have allowed and 22.4, respectively the ninth- and tenth-lowest total in the NFL.
Dig a bit deeper, however, and the gap between the defenses is wider than those figures suggest. According to Football Outsiders, the Bucs are third in DVOA defensive ratings, while the Chiefs rank 22nd.
- Where to Bet:
How to read Super Bowl 56 Odds
The Kansas City Chiefs lost to the Tampa Bay Buccaneers in Super Bowl 55. However, the Chiefs remain the favorites to win Super Bowl 56 at SoFi Stadium in Inglewood, California.
The Chiefs are listed at 6/1 odds (Bet $100 to win $600), while the defending champion Buccaneers are the third-betting choice at 10/1.
In between Kansas City and Tampa Bay are the Green Bay Packers, who are currently at 9/1 odds.
Here is a quick reference on Super Bowl odds for the upcoming 2021 NFL season.
How to read NFL Las Vegas Odds
The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
Ex. Favorite -10, Underdog +10
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as vig or what many in the sports betting industry call vigorish. Another common term is called juice and its technically the price the bettor has to pay on a straight wager.
Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)
What Is The Current Line On The Super Bowl Game
It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.
Another number thats posted on the NFL Las Vegas is the total or over/under for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
NFL Open Line
What Is The Latest Line On The Super Bowl
One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If youre betting on the NFL or any other sport, its a great idea to view the open line first.
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VI Consensus NFL Line
The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a Median Line since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
How do I bet on the Super Bowl?
What Is The Latest Betting Line On The Super Bowl
We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but whats the process? The future wager or the Odds to Win bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, youre not a winner or loser until you see zeros on the clock in the final game.
Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.
What Is The Current Las Vegas Line On The Super Bowl
Ex. Green Bay (8/1) to win the Super Bowl
The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.
If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.