Chiefs Odds to Win Super Bowl 58 (Kansas City is an Underdog Once Again)

Breaking down the Chiefs' odds to win their second-straight Super Bowl.

Kansas City Chiefs tight end Travis Kelce (87) celebrates with teammates after catching a touchdown
Kansas City Chiefs tight end Travis Kelce (87) celebrates with teammates after catching a touchdown / Michael Chow/The Republic / USA TODAY

The Kansas City Chiefs will return to the Super Bowl for the fourth time in the last five years. This time around, the Chiefs are set as an underdog by the same margin last year's Super Bowl.

In Super Bowl 57 against the Eagles, the Chiefs were set as 1.5-point underdogs. Now, against the 49ers in Super Bowl 58, Kansas City is once again set as a 1.5-point underdog.

But, who care about a point spread? All that matters is winning the big game, am I right? Let's take a look at their odds to win Super Bowl 58.

Chiefs Super Bowl 58 odds

The Chiefs are listed as the ever-so-slight underdog in Super Bowl 58, set at +106 to win the game. If you translate those odds to implied probability, the Chiefs have a 48.54% chance of winning their second straight Super Bowl.

If you were to bet on the Chiefs to get the job done, you'd win a profit of $106 on a $100 bet.

If you want to place a bet on the Chiefs to lift the Vince Lombardi Trophy, be sure to sign up for an account at FanDuel Sportsbook. If you do so by clicking the link below, you'll receive $200 in bonus bets when you place your first $5 wager.

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Will the Chiefs win the Super Bowl?

It's hard to argue against the Chiefs successfully winning back-to-back championships. They got hot at the perfect time and have played near flawless football throughout the playoffs, beating the Dolphins, Bills, and Ravens with the two most recent wins coming on the road.

That doesn't mean the Chiefs don't have any weaknesses. They've struggled to stop the run this season and their receiving core, despite playing better lately, still leaves a lot to be desired.

With that being said, the Chiefs have the great equalizer and his name is Patrick Mahomes. The best QB in the NFL gets even better when he plays in the postseason and plays mistake-free football on a weekly basis when their playoff hopes are on the line. The Chiefs are also 10-1-1 and 9-3 straight up when set as the underdogs in the Mahomes-era, including winning last year's Super Bowl against the Eagles as a 1.5-point 'dog.

Odds refresh periodically and are subject to change.