Super Bowl Betting Tips & Strategy: How to Bet the 49ers vs. Chiefs Spread & Over/Under
Photo by Thearon W. Henderson/Getty Images. Pictured: Jimmy Garoppolo #10 speaks with head coach Kyle Shanahan of the San Francisco 49ers
The Super Bowl is the most popular sporting event of the year. The NFL championship game not only attracts sports fans, but parties, funny commercials, pools, etc. bring something for everyone, and the TV ratings reflect that.
Not only will Super Bowl 54 be the highest-rated sporting event of the year, but it will also be the most heavily bet.
With its wide array of interesting props and the chance to wager on the eventual champion, casual bettors everywhere flock to get down on this game.
As a result, I’ve put together a handful of tips to help bettors find value in Super Bowl 54 between the San Francisco 49ers and Kansas City Chiefs.
Super Bowl Betting Tips & Strategy: 49ers vs. Chiefs
Odds as of Jan. 22 at 4 p.m. ET and via FanDuel, where Action Network users get a risk-free bet up to $500.
Super Bowl 54 Spread Betting Strategy
If you like the 49ers …
Wait. I personally lean San Francisco in this matchup, but with the line in a dead zone at 1.5, I’m in no rush to bet it.
Be patient and willing to wait to see if this number continues pushing toward +3, which is the most important number in football betting. Since 2003, nearly 15% of all NFL games have finished with a margin of three points, showing just how key this number is.
But be warned, there’s a good chance that if the 49ers vs. Chiefs spread hits +3 it won’t last long.
If you like the Chiefs …
Because short spreads that bounce around zero aren’t all that important, I wouldn’t worry about laying 1.5 points and having it move to a pick’em or even 1.
As a Chiefs bettor, you want to avoid waiting too long in the event this spread travels to -3. Again, if you want to employ patience, make sure to monitor this line and if it starts moving toward 3, grab it before it gets there.
Super Bowl 54 Over/Under Betting Strategy
If you like the over …
The 49ers vs. Chiefs total has attracted nothing but over action. The Action Network’s public betting data is reporting 84% of all bets hitting the over.
In fact, as recently as Tuesday afternoon, the Westgate Las Vegas SuperBook’s Jay Kornegay tweeted that his book had written just one (!) ticket on the under.
Unsurprisingly, oddsmakers across the market have had no choice but to move this total from an opener of 51.5 to 54 to account for such heavy, one-sided money.
If you bet the over now, you’re taking the worst of the number. Sure, it may go up even further, but at that point it’s unlikely there is value in that wager anyway.
According to our Bet Labs data, which offers the ability to quickly and accurately analyze archived NFL betting data since the start of the 2003 season, a Super Bowl under has never received less than 34% of over/under action.
So it’s very unlikely that the Super Bowl 54 under closes with just 16% of tickets. Therefore, it’s reasonable to assume that more under money will hit the market from now through kickoff and pull this number back toward the opener.
At that point, the over becomes a playable line once again.
If you like the under …
Bet it now.
As I mentioned above, sportsbooks have seen nothing but over money and the current line reflects that. It is likely that the betting percentages even out and bring the total back down.
Since the AFC Championship Game sailed so far over the total, it’s reasonable to assume 54 is an overreaction to a one-game, high-profile sample.
The Action Network’s Sean Koerner projects the true line to be 50.5, not only suggesting value at under 54, but also that there could be a correction coming.