In the race for the Super Bowl, the San Francisco 49ers (+1690) and Kansas City Chiefs (+1530) are separated by a razor-thin margin. The implied probabilities — 5.6% and 6.1% respectively — tell the story of how the market views these two contenders.
Since the start of the 2026 Offseason season, the San Francisco 49ers have shortened from +1780 to +1690, while the Kansas City Chiefs have shortened from +1580 to +1530.
The market currently gives the Kansas City Chiefs the edge at +1530, while the San Francisco 49ers sit at +1690. Both teams' full odds history across all tracked sportsbooks is charted above.