Super Bowl LIX betting report: 'The public is on the Chiefs'

Super Bowl LIX betting report indicates that the public is leaning towards the Kansas City Chiefs as slight favorites over the Philadelphia Eagles.

This preference is influenced by recent performances. The Chiefs are making their fifth appearance in the championship game in six seasons, boasting a 3-1 record in their previous four, including victories in the last two years. Their ability to perform under pressure is well-documented.

“The market’s perspective on the Chiefs is intriguing. They possess unique qualities,” noted Joey Feazel, head of football trading at Caesars Sports. “The clutch factor, which is often overlooked, plays a significant role in this matchup.”

Experts and seasoned bettors are sharing their analyses on the odds surrounding the Chiefs and Eagles as they approach Super Bowl 59.

NFL Rocks On FOX

For the second time in three seasons, FOX will broadcast the Super Bowl, scheduled to kick off at 6:30 p.m. ET on Sunday, February 9.

Caesars Sports initially set the Chiefs as 1.5-point favorites, and by Sunday night, the line had shifted to Chiefs -2.

“Seeing the Chiefs move to -2 is noteworthy. Will it reach -2.5?” Feazel pondered, while noting that the point spread has remained stable at K.C. -1.5 since Monday.

However, some analysts believe the Eagles could emerge as favorites in the Super Bowl betting landscape.

“The Chiefs have performed admirably in recent games. Yet, overall this season, they haven’t matched the Eagles’ level of play,” Feazel remarked.

Kansas City holds a 17-2 straight-up record (SU) but has struggled against the spread (ATS), with a 9-10 record. Notably, they went 0-7 ATS from Weeks 8 to 14. In contrast, Philadelphia stands at 17-3 SU and 13-7 ATS, with an impressive 15-1 SU and 11-5 ATS record over their last 16 games.

While early betting favored Kansas City, interest in Philadelphia has started to grow.

“We’ve observed some sharper betting trends on the Eagles, which isn’t surprising. Last year, similar patterns emerged with the 49ers,” Feazel added.

In Super Bowl LVIII, Kansas City, previously a 2.5-point underdog, triumphed over San Francisco 25-22 in an overtime thriller. Just two years ago, they clinched a narrow 38-35 victory against the Eagles in Super Bowl LVII, thanks to a last-second field goal from Harrison Butker.

NFL Sharp Side

Randy McKay, a professional bettor, has yet to place any wagers on the game regarding the point spread, moneyline, or total. However, he has already taken action on a player prop bet.

McKay placed a bet on Eagles tight end Dallas Goedert to exceed 49.5 receiving yards. Given the volatility of prop bets, this line has already shifted; BetMGM and DraftKings now list it at 51.5, while Caesars shows 52.5, and FanDuel has it at 53.5.

“Kansas City has had difficulties defending tight ends this season. Goedert is a significant asset, and he will be utilized against the Chiefs,” McKay stated. “He recorded 60 yards against them in Super Bowl LVII.”

Built For The Futures

Caesars Sports welcomed the Eagles’ commanding 55-23 victory over the Washington Commanders last week. In the Super Bowl futures market, which has been active since before last season’s championship game, the Eagles have emerged as a favorable outcome for a title win.

“As the playoffs began, the Eagles were our best-case scenario. It’s gratifying to see them advance,” Feazel remarked. “However, futures will have less impact as we approach the Super Bowl.”

Feazel explained that Caesars’ decisions regarding futures will carry less weight compared to their strategies for all other betting markets leading up to the Super Bowl.

This will ultimately determine whether the public betting community experiences a successful Super Sunday or if Caesars and numerous other sportsbooks secure a significant profit on the Big Game.

Source

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