In the race for the Super Bowl, the San Francisco 49ers (+1590) and Kansas City Chiefs (+1430) are separated by a razor-thin margin. The implied probabilities — 5.9% and 6.5% respectively — tell the story of how the market views these two contenders.
Since the start of the 2024-25 season, the San Francisco 49ers have drifted from +615 to +1590, while the Kansas City Chiefs have drifted from +535 to +1430.
The market currently gives the Kansas City Chiefs the edge at +1430, while the San Francisco 49ers sit at +1590. Both teams' full odds history across all tracked sportsbooks is charted above.