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Elijah Mitchell of the San Francisco 49ers warms up before the NFC Divisional Playoffs as we look at the 2024 Super Bowl betting trends to know
Elijah Mitchell of the San Francisco 49ers warms up before the NFC Divisional Playoffs against the Green Bay Packers. Photo by Lachlan Cunningham/Getty Images via AFP.

All of our top Super Bowl betting sites listed the Kansas City Chiefs as underdogs in the 2024 Super Bowl, as the Chiefs have shown a knack for thriving in that position.

Despite the consensus among Super Bowl odds favoring the San Francisco 49ers over the Kansas City Chiefs in the 2024 Super Bowl, it was the underdogs who emerged victorious.

The Chiefs were considered the underdogs in both games leading up to the Super Bowl, but the trends were in their favor for winning and covering the spread. While the Chiefs did follow some trends for the Super Bowl, they did not all come to fruition, especially in the novelty markets.

Let’s review the Super Bowl trends of 2024 that were successful and unsuccessful for bettors.

2024 Super Bowl betting trends

Chiefs win as underdogs

Kansas City was seen as the underdog against Buffalo and Baltimore, and they embraced that role once again in the Super Bowl. The Chiefs came into the game having won six consecutive games as underdogs, and their victory on Sunday marked the seventh in a row.

Perhaps oddsmakers will reconsider labeling Patrick Mahomes as the underdog in the future. The Chiefs have now won their last four games against the 49ers. San Francisco has a record of 6-3 straight up in their last nine games following a win.

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San Francisco struggles ATS again

The 49ers came into the Super Bowl on a losing streak, failing to cover the spread in their last three games. Additionally, when playing as favorites against AFC West teams, San Francisco has lost the spread in their last seven matchups.

In contrast, Kansas City has covered five out of six games against San Francisco and an impressive nine out of ten games against teams with a winning record.

Give Purdy some props

We found two value bets we were interested in the prop market, with one being for Brock Purdy and the other for Elijah Mitchell. Mitchell had scored a touchdown in three out of four games leading up to the Super Bowl and was given odds of +650 to score at any time during the game.

Although it was tempting, the first play did not succeed. However, the second recommended play, which was for Purdy to go Under 0.5 interceptions at +115, was successful. Purdy had managed to stay under 0.5 interceptions in four out of five playoff games.

Mahomes came into the Super Bowl having thrown two or more touchdowns in six of seven games against the NFC. He surpassed the 1.5 market, throwing for two or more touchdowns in seven of eight games against the NFC.

Novelty trends miss

The novelty market was chaotic with trends that lacked definitive measurements, as expected. The coin toss was the most unpredictable.

Before Sunday’s game, Tails had won the coin toss in seven out of 10 Super Bowls. However, Kansas City broke the trend when heads won the toss for them.

Additionally, the Gatorade bath color had been “clear” or “water” in four out of five previous Super Bowls leading up to Sunday’s game. However, the favored color, purple, ultimately won and broke the streak.

Super Bowl betting odds pages

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