As the excitement builds for the upcoming Super Bowl, the Kansas City Chiefs have emerged as the consensus favorites, holding a 1.5-point edge over the Philadelphia Eagles. The betting landscape reflects a mix of confidence in the Chiefs while showcasing a strong backing for the Eagles among bettors across various jurisdictions.
The Chiefs have garnered significant support, attracting 64.1% of the total money wagered on the “Super Bowl winner” market at ESPN BET. Despite this, the Eagles have outperformed the Chiefs in terms of money-line bets, securing more wagers in 17 out of the 20 jurisdictions where ESPN BET operates. This dynamic suggests a divided sentiment among bettors, with many favoring the Eagles to pull off an upset.
Adding to the intrigue is a notable MVP bet placed on Kansas City tight end Travis Kelce. A single bet of $25,000 on Kelce to win Super Bowl MVP has surfaced as the largest reported wager so far, indicating strong belief in his performance potential. Meanwhile, the overall MVP market reflects interesting trends, with Eagles running back Saquon Barkley receiving more money than any other player.
The betting activity is not limited to traditional wagers. In terms of novelty bets, the average size of bets on the Gatorade color market hovers around $5 to $10, according to BetMGM. Currently, yellow/green/lime is favored at ESPN BET, while purple has gained traction at multiple sportsbooks.
The odds have fluctuated slightly, with the line briefly ticking up to -2 on Monday but stabilizing since then. Craig Mucklow, vice president of trading for Caesars Sportsbook, noted that “A Chiefs win by exactly two or three points is currently our biggest liability.” This insight highlights the potential financial stakes tied to specific outcomes in the game.
Interestingly, Arizona, Kansas, and New York are the only states where bettors predominantly support the Chiefs on the money line. Conversely, the betting action shows a broader appeal for the Eagles outside these states, which may influence final outcomes as kickoff approaches.
Regarding the Gatorade color bet, it remains legal only in Illinois and New Jersey. This limitation adds an extra layer of strategy for bettors looking to capitalize on this fun market.
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