Kansas City Chiefs Super Bowl Odds 2024: Latest Super Bowl 58 Odds

The current Kansas City Chiefs Super Bowl odds are . The Chiefs entered the season as a top 2 team in the Super Bowl odds market. While they struggled at times this season and fell a few spots in the odds, they still managed to advance to the AFC Championship Game for the sixth consecutive season by once again defeating the Buffalo Bills in the Divisional Round. After an ugly game, the Chiefs triumphed over the Ravens to reach the Super Bowl for the fourth time in five seasons, a truly remarkable and nearly-unparalleled accomplishment. As such, they have shorter odds than ever to win the Super Bowl, as they are one of just two remaining teams.

Kansas City Chiefs Super Bowl Odds 2023-2024

The Chiefs are set as narrow underdogs to win Super Bowl 58. They were among the top 5 teams in the odds for most of the season, even during a rough stretch when they lost five out of eight games. After Patrick Mahomes picked up his first road win of his playoff career in a tough game against Buffalo, and did it again in Baltimore, he’ll have to defy the odds once more to take down a fantastic 49ers team and earn his third Super Bowl ring.

Kansas City Chiefs Super Bowl Odds Analysis

One of the biggest differences with this year’s Chiefs team compared to the teams that won two of the last four Super Bowls is the absence of longtime offensive coordinator Eric Bieniemy. The offense has looked markedly different this year, and not in a good way. It’s hard to say how much of that is due to an erosion of offensive skill talent on the roster, and how much has to do with Bienemy’s exit, but the change in leadership is certainly still something to note.

Even without Bieniemy and with issues at the wide receiver position, Patrick Mahomes continues to be the reason the Chiefs are well positioned to compete for another championship. His arm talent hasn’t gone anywhere, and he still has Travis Kelce as his go-to target, while rookie wide receiver Rashee Rice has really begun to break out over the second half of the season.

While the Chiefs have often been an offense-first unit under Mahomes, things are different this year. This is the first time in the Chiefs’ Mahomes era where they have an elite defense that is top 5 in DVOA. Their much-improved defense makes them in some ways even scarier than their recent Super Bowl-winning teams, which usually relied almost entirely on offense while dragging along a mediocre defense. Their front seven still struggles to defend the run, but their pass coverage grades out very well in DVOA, EPA, and success rate.

With the best defense of the Andy Reid era and Mahomes still at the helm, it’s not a huge surprise that the Chiefs are one of the final teams standing once more. Even with a very challenging matchup against the San Francisco 49ers in Super Bowl 58, the Chiefs are still a solid value for this year’s Super Bowl. They have championship DNA and have proven they know how to win in the playoffs, as they showed by upsetting the favored Buffalo Bills and Baltimore Ravens on the road. At the end of the day, betting on Reid and Mahomes is almost always a solid decision, and you can get great value as they are underdogs once more.