The Tampa Bay Buccaneers and Kansas City Chiefs are set to play in the 2021 Super Bowl Sunday with kickoff scheduled for 6:30 p.m. ET at Raymond James Stadium in Tampa, Fla. SportsbookWire has you covered with picks and predictions for all the best bets in Super Bowl LV. Below, we’ll look at the updated odds and lines for the Big Game, break down the line movement at BetMGM Sportsbook and highlight some of the biggest bets placed on Super Bowl 55.

This is expected to be one of the most-heavily bet Super Bowls ever with the spreading legalization of online and mobile sports betting at legal sportsbooks in the United States.

Kansas City Chiefs Betting Profile It had been exactly 50 years since the Kansas City Chiefs won their first and only Super Bowl, a title in 1970 over the Minnesota Vikings. That is until last season, when the team broke through and head coach Andy Reid finally got his first championship ring. The one game that Kansas City covered during that span was by a 1/2 point, winning by 3, 32-29 as a 2 1/2 point favorite against New Orleans. Only 2 of those last 8 games were against playoff teams. Super Bowl LV Betting Trends: Kansas City Chiefs (2021) by Mike Wagenman January 29, 2021. Patrick Mahomes and Andy Reid have led the Chiefs back to the Super Bowl, and for the third time in four years, one of the two Super Bowl representatives will be making consecutive appearances. Last year, in Super Bowl LIV, Kansas City took down a former Patriots quarterback on their way to their second title in.

Also see:Chiefs vs. Buccaneers odds, picks and prediction

2021 Super Bowl odds and lines

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Saturday at 3:40 p.m. ET.

Money line: Chiefs -160 (bet $160 to win $100) Buccaneers +135 (bet $100 to win $135)Against the spread/ATS: Chiefs -3 (-115) Buccaneers +3 (-105)Over/Under: 56.5 (O: -110 U: -110)

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2021 Super Bowl line movement

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Super Bowl spread

The Chiefs are the public’s favorite for Super Bowl 55 with 60% of against the spread bets placed on Kansas City. The Chiefs opened as 3.5-point favorites but some big bets placed on the Buccaneers have dropped the line to a flat 3 points with 52% of the 2021 Super Bowl betting handle placed on Tampa Bay.

The Chiefs still need to win by at least 4 points in order to cover the spread. A win by exactly 3 points now results in a push and all ATS bets being refunded instead of a 3-point loss counting as an ATS win for the Buccaneers.

Super Bowl Over/Under

Unlike the spread, sharps and the public are aligned with the total. BetMGM reports 66% of O/U tickets and 62% of the handle are both on the Over; however, the line has dropped from an opener of 57.5 to 56.5.

The Chiefs and Buccaneers combining to score 57 or more points is a win for those holding Over tickets on the current total and a final score adding up to 56 or fewer points is a win for the Under.

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2021 Super Bowl notable bets

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

$2.3 million to win $2 million on Buccaneers +3.5$345K to win $300K Buccaneers +3.5 (-115)$205K to win $186,363.65 Chiefs/Bucs under 56.5$180K to win $100K on Chiefs (-180) money line$115K to win $100K on Chiefs -3.5 (-115)$110K to win $100K on Chiefs -3.5 (-110)

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Also see:

How to bet the 2021 Super Bowl2021 Super Bowl MVP odds, picks and prediction

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It wasn’t the end to the season that the Kansas City Chiefs had hoped, but there’s no reason to believe they’re going anywhere. Down both starting offensive tackles, Patrick Mahomes was pressured by the ferocious Tampa Bay defense all night long and his team failed to score a touchdown. Despite the rough statline, Mahomes made some incredible plays to escape sacks and ultimately missed out on two touchdowns due to drops from his receiving corps.

Although the Chiefs open 2021-22 as the favorites to win Super Bowl LVI, there is some urgency in the organization. For one, coach Andy Reid isn’t getting any younger nor farther away from potential retirement. Focus this offseason will undoubtably be around re-working their defense that finished worst in the NFL in the red zone this year. Daniel Sorenson, Alex Okafor, and Bashaud Breeland are staring down free agency as are starting linemen Kelechi Osemele, Austin Reiter, and Mike Remmers.

As long as Mahomes is behind center and their corps of Mahomes, Travis Kelce, and Tyreek Hill stay put, the Chiefs will be contenders. They’ll be back in the mix in 2021-22, even if this offseason leaves a sting.

Kansas City Chiefs odds

Best Chiefs betting site(s)

Chiefs prop bets

Prop bets are based on individual performance, typically surrounding players. The Chiefs had one of the most explosive offenses in 2020 and therefore were one of the most popular targets for prop bets. For example, Patrick Mahomes had a projected passing total of 285.5 yards in the Chiefs’ Week 13 matchup with the Denver Broncos. That game, Mahomes passed for 318 yards, giving those who bet the over on his passing prop the win.

Search below for Kansas City Chiefs team or player props currently being offered at sportsbooks. You can also look around at other teams and players using this tool. Happy shopping!

Chiefs futures odds

Futures are long-term bets that can range from an offseason to a full season (or beyond). Team win totals, award winners, and player performance are common futures. For example:

2020 Odds to win NFL MVP

• Patrick Mahomes +350
• Lamar Jackson +600
• Russell Wilson +800
• Deshaun Watson +1400

This line for the league MVP would often be bet before the season starts. Futures allow for bettors to capitalize on players they think are favorites to win awards long before the odds shift away from their favor. For example, Aaron Rodgers opened with odds of +2500 to win the MVP award; his odds quickly shifted as the season developed and Rodgers was the eventual winner of the award.

Chiefs Super Bowl LVI odds

After being beaten 31-9 by the Tampa Bay Buccaneers in their second straight Super Bowl appearance, the Kansas City Chiefs opened as +550 favorites to win Super Bowl LVI.

Chiefs AFC West odds

The Chiefs clinched the AFC West in 2020 and are expected to be heavy favorites to win their sixth straight division title.

Cheifs win totals

NFL win totals will be released later this offseason. Keep your eyes on this page for the latest NFL projected win totals.

Kansas City Chiefs 2021 schedule and betting odds

Check back for the complete Chiefs 2021 schedule along with the opening spreads for every game.

How to bet on the Kansas City Chiefs

Moneyline

The moneyline is the simplest of bets, decided by the straight-up winner and loser of each game. Consider the following example:

• Chiefs -185
• 49ers +310

The Chiefs are considered heavy favorites in this matchup (indicated by -185), requiring a $185 bet to win $100 (plus the initial bet back). The 49ers are the underdog in this matchup, paying out $410 total for a $100 bet ($310 in winnings). How much either team wins or loses by does not matter in moneyline betting, the payout remains the same.

Point spread

Betting on the point spread is determinant on how many points a team wins or loses by. Take the following example:

• Chiefs -7.5 (-110)
• Patriots +7.5 (-110)

In this example, Kansas City is favored by 7.5 points, indicated by “-7.5.” If the Chiefs win the game 30-21, the Chiefs (-7.5) win the bet and would have a total payout of $19.09 on a $10 bet ($9.09 in profit). If the Patriots keep the game within eight and lose 28-24, the Patriots (+7.5) would win, and the payout would be the same as listed above.

Point total (over/under)

The point total refers to the over/under line set by books. This number projects the total number of points scored in a game and, like prop betting, is bet whether one thinks the score will go over or under the set point total. For example, the Chiefs’ Week 6 matchup with the Buffalo Bills had a projected point total of 59.5 points. Kansas City won the game 26-17, totaling 43 points. Those who bet under the point total in this game would have cashed out.

The Chiefs’ explosive offense and ability to score bunches of points in a short amount of time often gave them a higher than league average for over/unders. In 2020, it wasn’t uncommon to see point totals like the aforementioned 59.5 points and that’s expected to continue into 2021 as long as Patrick Mahomes plays at an elite level.

In-play and live betting

Sometimes, the most thrilling and rewarding bets are bets made while games are being played. These are referred to as live bets or in-play bets. Odds are ever-changing during games, which would prove to be fruitful for sharp and prepared bettors. For example, if the Chiefs (-255) were heavily favored against the Giants (+190) before kickoff, a payout on a $10 bet on the Chiefs to win would win just $3.92.

However, say the Chiefs fell to a big 17-3 deficit in the first half despite controlling the overall game (due to a costly turnover or special teams gaffe). Odds may swing in favor of the Giants, who may be a -110 favorite at halftime. Taking the Chiefs to come back and win the game could present plus-odds (say, +130). Should a bettor take Kansas City (+130) at halftime and the Chiefs pull off the comeback, winners would win $13 instead of $3.92 (plus the initial $10 bet).

This could also be an effective way to “hedge” your bet; say a bettor took the Giants (+190) in that game, but Kansas City jumps out to a 21-0 first quarter lead and is controlling the overall feel of the game, bettors could hedge by throwing some money down on Kansas City (-320) to return some of the inevitably-lost bet.

Parlays and teasers

You can always string bets together in the form of parlays or teasers. Usually during busy Sundays, bettors can parlay several teams to win or cover against the spread and if all bets are successful, the payouts are multiplied. Teasers function similarly, except they allow bettors to move each point spread to a more favorable line in exchange for diminished odds.

Chiefs 2020 recap

Record: 14-2

Record ATS: 7-9

Over/under record: 8-8

14-2 has become a sort of expectation for Patrick Mahomes and the Chiefs after they’ve dominated the NFL for the past three seasons. Kansas City’s trademark one-play offense was ever-present under Andy Reid and it took them all the way to another Super Bowl. However, there was talk all season long that KC was letting their opponents stick around longer than they should have. Examples of this reside in Week 16 against the Falcons (17-14), in Week 13 against the Broncos (22-16), in Week 8 against the Panthers (33-31), and a handful of other weeks. This resulted in their 7-9 record against the spread.

Chiefs 2021 offseason moves

Key free agents: Sammy Watkins (WR), Daniel Sorenson (S), Bashaud Breeland (CB), Demarcus Robinson (WR), Austin Reiter (C), Mike Remmers (RG), Tanoh Kpassagnon (EDGE), Andrew Wylie (LG), Charvarius Ward (CB)

Draft pick position needs: OL, WR, LB

The Chiefs are in danger of losing a lot of their defensive players that played key roles in the past few seasons. Headlining the group are safety Daniel Sorenson and corners Bashaud Breeland and Charvarius Ward; all come with a reasonable price tag, though Sorenson is 31 years old. Expect Austin Reiter, Mike Remmers, and Andrew Wylie to return to the team as the Chiefs were exposed as needing all the offensive line help they can get.

Tampa Bay Vs Kansas City Chiefs Betting Line

Super Bowl LV showed that Kansas City’s biggest weakness is their offensive line and its lack of depth come the postseason. With the 31st pick in the first round, the Chiefs could be looking at players like Notre Dame’s Liam Eichenburg, Clemson’s Jackson Carman, or Ohio State’s Wyatt Davis. However, plenty of pass catchers are tantalizing at 31, especially with the expected departure of Sammy Watkins. LSU’s Terrace Marshall Jr. and Florida’s Kadarius Toney both fit the Chiefs’ offensive system (albeit in different ways) and have been mocked to KC plenty of times this offseason.