Super Bowl Betting Trends 2024: Which Trends Hit, Miss for 49ers vs. Chiefs?

Our NFL odds from our best Super Bowl betting sites all had the Kansas City Chiefs as underdogs in the 2024 Super Bowl, as the Chiefs continue their successful trends in that role.

The Super Bowl odds all agreed on having the San Francisco 49ers as favorites against the Kansas City Chiefs in the 2024 Super Bowl, but it was the underdogs who prevailed. 

The Chiefs were underdogs in both games leading into the Super Bowl, and the trends pointed in the direction of them winning and covering the spread. Although the Chiefs hit on trends for the Super Bowl, some trends missed, most notably those in the novelty markets. 

Let's go through the 2024 Super Bowl trends that hit and missed for bettors. 

2024 Super Bowl betting trends

Chiefs win as underdogs

Kansas City served as the underdog against Buffalo and Baltimore, and it once again filled that role in the Super Bowl. The Chiefs entered the Super Bowl winning six straight games as the underdog, making Sunday's victory the seventh in a row.

Maybe oddsmakers will think twice before making Patrick Mahomes the underdog again. The Chiefs also entered the game winning their last three against the 49ers, so now it's four in a row. San Francisco drops to 6-3 SU over its last nine games when coming off a win.

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San Francisco struggles ATS again

The 49ers entered the Super Bowl failing to cover the spread in three straight games. Not only that, but the Niners have now dropped the spread in seven straight games when facing the AFC West as favorites.

Kansas City, on the other hand, has now covered five of six games when taking on San Francisco. The Chiefs have also covered the spread in a very impressive nine of 10 games when facing teams with a winning record. 

Give Purdy some props

There were two value bets we liked in the prorp market, one for Brock Purdy and the other for Elijah Mitchell. Mitchell entered the Super Bowl scoring a TD in three of four games, given odds to score anytime at +650.

That seemed very enticing, but it didn't hit. The other recommended play did hit, however, and that was for Purdy to go Under 0.5 interceptions at +115. He'd gone Under 0.5 interceptions in four of five playoff games.

Mahomes also entered the Super Bowl with two or more TDs thrown in six of seven games against the NFC. He hit the Over 1.5 market, as he has now thrown for two or more TDs in seven of eight against the NFC. 

Novelty trends miss

The novelty market was a dumpster fire for the trends, which is to be expected for something with no definitive measurements to back. The coin toss is the most uncertain.

Tails had hit in seven of 10 Super Bowls entering Sunday's game. However, heads won the toss for Kansas City to go against the trend.

Also, the Gatorade bath color was "clear" or "water" in four of five Super Bowls entering Sunday's game. However, the favorite, purple, ended up winning and snapping the trend. 

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