Early Super Bowl 59 Odds: Can the Chiefs Complete the Three-Peat?

The Kansas City Chiefs are the big dogs, with the best odds at +550. Right behind them, we’ve got the 49ers, fresh off an NFC championship win, sitting at +650. As soon as the Chiefs lifted the Lombardi Trophy after Super Bowl LVIII, 

Now, if you’re one of those bettors itching to place an early bet on Super Bowl 59, the market is wide open. The Chiefs are the favorites, but there’s a lot more to this story.

 

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Breaking Down the Early Favorites

Kansas City Chiefs

It’s no shocker that the Chiefs are the top pick with the odds of +550. Thanks to their recent dominance and the magic of Patrick Mahomes, they’ve got a 15.4% implied chance to take home the next Super Bowl. After back-to-back championships, they’re the team to beat.

According to various online betting platforms, the Chiefs are favorites to pull off a historic three-peat. Mahomes, not surprisingly, is also leading the pack in the NFL MVP odds. The Chiefs’ hype is at an all-time high. Canadian bettors can take advantage of this moment with a range of betting offers Canada has to offer, ensuring they get the best value for their wagers.

However, their journey last season wasn’t a walk in the park. They kicked off with a surprise loss to Detroit and had a roller-coaster regular season. Travis Kelce, now 34, showed signs of wear and tear, and the wide receiver unit struggled with drops and inconsistency. The Chiefs also faced issues in scoring during crucial second halves.

Looking ahead, receiver problems might persist. Rashee Rice, the standout rookie from 2023, is dealing with legal troubles and remains suspended. A speedy new draft pick, Xavier Worthy, has been sidelined with a hamstring issue. And while Hollywood Brown brings speed, his hands have been unreliable.

But the Chiefs are solid defensively, thanks partly to Chris Jones’ contract extension. Betting on the Chiefs means betting on a strong defense and an elite quarterback to compensate for offensive shortcomings.

Other Top Contenders

It’s not just the Chiefs in the mix. The AFC is stacked with teams ready to dethrone Kansas City. With Joe Burrow back to full health, the Bengals are a hot ticket, making a strong case with their recent AFC title game appearances. 

The Ravens, who pushed the Chiefs hard last season, hold nearly 6% of all tickets. The Bills, led by Josh Allen, hold 4.4% of tickets and 5.6% of the handle.

Over in the NFC, the 49ers and Lions are drawing significant attention. With numbers similar to the Ravens, San Francisco isn’t the most lucrative bet at +650, but they’re consistent. The Lions, however, are a fascinating case. They’re not just a public favorite; some sharp bettors are backing them, too. They’re the only team besides the Chiefs with over 10% of the ticket count, and they hold about 12.5% of all Super Bowl bets.

The Underdogs and Long Shots

While the top teams are getting the most love, don’t sleep on some of the other potential contenders. Teams like the Ravens, Eagles, and Bills have what it takes to make a deep run. The Packers, Cowboys, and Jets are also in the mix, each with their own unique set of strengths and challenges.

As we look further down the odds list, teams like the Falcons, Rams, and Bears could surprise us. Even the Chargers, Browns, and Steelers have potential if things break their way. And if you’re feeling adventurous, throwing some money on long shots like the Colts, Seahawks, or Vikings could pay off big if they catch lightning in a bottle.

Wrapping It Up

As we gear up for another thrilling NFL season, the early Super Bowl 59 odds provide plenty of talking points and betting opportunities. Whether you’re a die-hard Chiefs fan, a believer in the 49ers’ resilience, or a gambler looking for that long-shot magic, there’s something for everyone in the futures market.

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