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NEW YORK, NEW YORK - OCTOBER 01: A view of NFL’s The Vince Lombardi Trophy  at PaleyWKND outside the Paley Museum on October 01, 2022 in New York City. PaleyWKND is a festival for all things media, gaming, sports and entertainment related offering immersive attractions and experiences for the public. (Photo by Alexi Rosenfeld/Getty Images)
NEW YORK, NEW YORK - OCTOBER 01: A view of NFL’s The Vince Lombardi Trophy at PaleyWKND outside the Paley Museum on October 01, 2022 in New York City. PaleyWKND is a festival for all things media, gaming, sports and entertainment related offering immersive attractions and experiences for the public. (Photo by Alexi Rosenfeld/Getty Images)Alexi Rosenfeld/Getty Images

Super Bowl Odds 2024: Early Payout Breakdown and Over/Under Breakdown

Erik BeastonJan 29, 2024

The San Francisco 49ers and Kansas City Chiefs will play in Allegiant Stadium in Las Vegas in Super Bowl LVIII.

The Niners defeated a hungry Detroit Lions team 34-31 in the NFC Championship Game on Sunday evening, while the Chiefs punched their ticket to their fourth Super Bowl in the last six years by way of their 17-10 victory over the Baltimore Ravens.

The showdown is a rematch of the 2021 game, where Kansas City came from behind to beat the 49ers 31-20.

The Chiefs will be looking to become the first team to win back-to-back Super Bowls since the New England Patriots accomplished the feat in 2003 and 2004.

Ahead of the clash for professional football's most prestigious prize, the Lombardi Trophy, these are the early odds, moneyline and spread for the big game.


Odds via DraftKings.

TV and Streaming Info

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LAS VEGAS, NV - DECEMBER 23: Confetti flies all over  the SRS Distribution Las Vegas Bowl played between the Utah Utes and the Northwestern Wildcats on December 23, 2023 at Allegiant Stadium in Las Vegas, Nevada. (Photo by Steve Nurenberg/Icon Sportswire via Getty Images)
LAS VEGAS, NV - DECEMBER 23: Confetti flies all over the SRS Distribution Las Vegas Bowl played between the Utah Utes and the Northwestern Wildcats on December 23, 2023 at Allegiant Stadium in Las Vegas, Nevada. (Photo by Steve Nurenberg/Icon Sportswire via Getty Images)

Date: Sunday, February 11

Stadium: Allegiant Stadium

City: Las Vegas

Time: 6:30 p.m. ET

Halftime Performer: Usher

Television: CBS

Streaming: Paramount+

Over/Under Breakdown

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BALTIMORE, MARYLAND - JANUARY 28: Patrick Mahomes #15 of the Kansas City Chiefs holds the Lamar Hunt Trophy with Travis Kelce #87  after the AFC championship game against the Baltimore Ravens at M&T Bank Stadium on January 28, 2024 in Baltimore, Maryland. (Photo by Kara Durrette/Getty Images)
BALTIMORE, MARYLAND - JANUARY 28: Patrick Mahomes #15 of the Kansas City Chiefs holds the Lamar Hunt Trophy with Travis Kelce #87 after the AFC championship game against the Baltimore Ravens at M&T Bank Stadium on January 28, 2024 in Baltimore, Maryland. (Photo by Kara Durrette/Getty Images)

Over/Under: 47.5

The Kansas City defense held an explosive Ravens offense to 10 points Sunday in Baltimore. They finished second in the NFL in points allowed this season and completely shut down one of the league's most explosive offenses, thanks to a well-executed game plan from defensive coordinator Steve Spagnuolo.

The 49ers ranked third in points allowed in the regular season. They gave up 31 in the NFC Championship Game to Detroit but have the playmakers on that side of the ball to shut down any team at any time.

There will be plenty of big-time playmakers on the field in Super Bowl LVIII, all with the potential to break a big play and find the end zone, but do not be surprised if the game ends up being one of the lower-scoring in recent memory.

Two of the last three Super Bowls have failed to have a point total higher than the 47.5 oddsmakers have placed on this game, and it is a safe bet that, with the defenses involved and the sometimes inconsistent offenses, this year's game will struggle to as well.

Take the under, currently sitting at -108.

Money Line and Early Spread

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SANTA CLARA, CALIFORNIA - JANUARY 28: George Kittle #85 of the San Francisco 49ers reacts after defeating the Detroit Lions 34-31 in the NFC Championship Game at Levi's Stadium on January 28, 2024 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)
SANTA CLARA, CALIFORNIA - JANUARY 28: George Kittle #85 of the San Francisco 49ers reacts after defeating the Detroit Lions 34-31 in the NFC Championship Game at Levi's Stadium on January 28, 2024 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)

Spread

49ers: -1 (-108; bet $100, win $192.59)

Chiefs: +1 (-112; bet $100, win $189.28)


Moneyline

49ers: (-118; bet $100, win $184.74)

Chiefs: (-102; bet $100, win $198.03)


The early odds for the game are about as even as it gets.

The 49ers open as a one-point favorite over the Chiefs, the slightest of margins, suggesting oddsmakers believe the two teams to be as evenly matched as possible. It is not difficult to see why, either.

Both possess quality offenses, even better defenses and head coaches who have been in Super Bowls before. Kansas City has the best tight end in the game in Travis Kelce and San Francisco has All-Pro Greg Kittle, who is just behind him on the list of best in the sport.

The Niners have the slight edge at running back with Christian McCaffrey, but Isiah Pacheco has run hard and mean in these playoffs and has as much to do with the Chiefs' success as anyone.

The difference is at quarterback, where the Niners enter the game with second-year man Brock Purdy, former Mr. Irrelevant. He showed up and showed out in the NFC Championship Game, guiding his team back from a 17-point deficit to win, and is a legitimate MVP candidate.

He has exhibited some bad tendencies, though, which have led to questions about his ability to win his team a Lombardi Trophy. The guy across the field has not.

There is not much left to say about Patrick Mahomes, who will be playing in his fourth Super Bowl in six years, with a chance to win his third ring. He has repeatedly proved an ability to play at the highest level when it counts the most, as seen by his extraordinary game-sealing pass to Marquez Valdes-Scantling on Sunday against Baltimore.

Bettors should trust Mahomes more than his opponent, but oddsmakers still slightly prefer the Niners.

Perhaps they are enamored with all of the recognizable names on the NFC squad's roster rather than the blue-collar defenders who helped get Kansas City back to the grand stage.

Whatever the case, the early lines have the Super Bowl LVIII match-up as essentially a toss-up.


*Odds, lines and betting splits refresh periodically and are subject to change. 21+ (19+ CA-ONT) (18+ NH/WY). AZ, CO, CT, IA, IL, IN, KS, LA (select parishes), MA, MD, MI, NH, NJ, NY, OH, OR, PA, TN, VA, WV, WY, CA-ONT only. Eligibility restrictions apply. See terms at draftkings.com/sportsbook. DraftKings operates pursuant to an Operating Agreement with iGaming Ontario. Please play responsibly.

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