Super Bowl 58 Odds: Why You Should Bet 49ers Spread or Chiefs Moneyline

Super Bowl 58 Odds: Why You Should Bet 49ers Spread or Chiefs Moneyline article feature image
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Robin Alam/Icon Sportswire via Getty Images. Pictured: Kansas City Chiefs defensive line lines up across from the San Francisco 49ers offensive line at the line of scrimmage in game action during Super Bowl LIV.

Super Bowl 58 Odds

Sunday, Feb. 11
6:30 p.m. ET
CBS
49ers Odds
SpreadTotalMoneyline
+2.5
-110
45.5
-110o / -110u
+125
Chiefs Odds
SpreadTotalMoneyline
-2.5
-110
45.5
-110o / -110u
-150
Odds via bet365. Get up-to-the-minute NFL odds here.

The spread doesn't matter in the Super Bowl and that rings true for the latest Super Bowl 58 odds.

Casual bettors have likely heard the term "spreads don't matter" while professional bettors have likely tried to debunk it. But evidence suggests that the spread truly does not matter in the Super Bowl. What does it mean for the spread to not matter? Novice bettors may be wondering how to interpret the betting expression as they figure out what to bet this Sunday.

Here's we'll explain what it means and how it impacts what you should bet when looking at Super Bowl 58 odds.

Why You Should Bet 49ers Spread or Chiefs Moneyline

Favorites tend to cover the spread when they win and underdogs tend to win outright. In other terms, the underdog rarely covers the spread and loses the game.

With the 49ers as 2.5-point favorites in the Big Game, this will almost definitely be the 31st Super Bowl where the spread is six or fewer points. The straight-up winner has covered the spread in 29 of the past 30 Super Bowls. The lone time the winner failed to cover the spread was when the Los Angeles Rams beat the Cincinnati Bengals by three points as 4.5-point favorites in 2022.

Before that, 28 straight spreads were covered when the line was six or fewer points. In those 30 games, the underdog has won 15 games and the favorite has won 15 games.

To take it a step further, 22 Super Bowls have closed with a spread of four or fewer points. The outright winner has covered in all 22 games with 11 underdogs winning and 11 favorites winning.

If you're going to bet on the spread or moneyline for the Super Bowl, history would tell us that you should be taking the 49ers to cover the spread or the Chiefs on the moneyline. As of this writing, the best value on the 49ers -2 is at DraftKings, which has a -102 vig, while Bet365 has the Chiefs moneyline listed at +110. (You can compares the best odds here on our NFL odds page.)

Ready to place your bet on Super Bowl 58? Maximize your 49ers vs. Chiefs bet with our bet365 bonus code.

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