In the race for the Super Bowl, the San Francisco 49ers (+1610) and Kansas City Chiefs (+1440) are separated by a razor-thin margin. The implied probabilities — 5.8% and 6.5% respectively — tell the story of how the market views these two contenders.
Since the start of the 2022-23 season, the San Francisco 49ers have shortened from +1620 to +1610, while the Kansas City Chiefs have drifted from +1000 to +1440.
The market currently gives the Kansas City Chiefs the edge at +1440, while the San Francisco 49ers sit at +1610. Both teams' full odds history across all tracked sportsbooks is charted above.