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• If you placed your risk-free bet on the Chiefs your $500 bet would profit $3,000 if Kansas City followed up with another Super Bowl win in 2021. Just days after Kansas City’s Super Bowl LV loss, DraftKings Sportsbook set the Cheifs as the favorite to win Super Bowl 56.
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2019/20 Kansas City Chiefs Season Betting Info. The Chiefs seem to be on a mission for the Super Bowl this year. The Kansas GM, Brett Veach has a unique look into the NFL Draft and the players he signs on. 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. One of the world's leading online gambling companies. The most comprehensive In-Play service. Deposit Bonus for New Customers. Watch Live Sport. We stream over 100,000 events.

The Big Game is in sight as the Tampa Bay Buccaneers and Kansas City Chiefs prepare to square off at Raymond James Stadium Sunday at 6:30 p.m. ET in Super Bowl LV. The Chiefs (-3.5) remain favored for a second consecutive Super Bowl title. Below, we take a look at the updated Chiefs-Buccaneers Super Bowl odds and lines at BetMGM Sportsbook.

Also see:$2.3M bet placed on Buccaneers to cover

Chiefs vs. Buccaneers: Odds, spread and lines

Odds via BetMGM; last updated Monday at 5:08 a.m. ET.

Money line: Chiefs -175 (bet $175 to win $100) / Buccaneers +150 (bet $100 to win $150) | Bet nowAgainst the spread: Chiefs -3.5, -105 (bet $105 to win $100 / Buccaneers +3.5, -115 (bet $115 to win $100) | Bet nowTotal: 56.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

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The Chiefs have an implied win probability of 63.64% based on their -175 money line odds. Those odds can also be seen as a fraction of 4/7 or a decimal of 1.57. Kansas City will need to win by 4 or more points in order to cover the spread.

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The Buccaneers’ implied win probability is 40%. The +150 money line odds are expressed as a fraction of 3/2 and a decimal of 2.50. Tampa Bay covers the spread either by winning outright or losing by a field goal or less.

Super Bowl LV betting trends

The spread opened at 3.5 but dipped quickly to an even 3 points last week before going back 3.5 and holding steady. The total opened at 57.5 but has dropped by a point despite larger shares of tickets and the handle coming in on the Over.

In addition to a $2.3 million bet placed on the Buccaneers (+3.5) to cover, here are some of the other big bets placed at BetMGM:

$180,000 to win $100,000 on Chiefs (-180) money line$115,000 to win $100,000 on Chiefs -3.5 (-115)$110,000 to win $100,000 on Chiefs -3.5 (-110)

Despite the Chiefs opening at just +650 on the Super Bowl LV futures odds and receiving 34% of the betting handle, the Buccaneers, who opened at +1600 on the futures odds, represent twice as much liability for BetMGM. Tampa Bay was on 9% of futures tickets and received 11% of the handle through the season.

Also see:

Standout players for Chiefs from Senior Bowl (Chiefs Wire)Could J.J. Watt land with Tampa Bay? (Bucs Wire)

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