Super Bowl Odds History: Recent Trends Favor Betting on Under & Underdog Ahead of Chiefs-Eagles is an independent sports news and information service. has partnerships with some of the top legal and licensed sportsbook companies in the US. When you claim a bonus offer or promotion through a link on this site, Gaming Today may receive referral compensation from the sportsbook company. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.

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Fortune favors the brave, and recent Super Bowl odds history sides with betting on the underdog and Under.

With the Chiefs and Eagles set to meet in Super Bowl 57 on Feb. 12 at State Farm Stadium in Glendale, Arizona, let’s examine some recent betting trends for the Big Game.

Sunday night’s opening line varied on NFL oddsboards, with some sportsbooks posting the Chiefs as the favorite, and others installing the Eagles as the chalk (the SuperBook in Las Vegas went pick ’em). But the market immediately moved toward Philadelphia, and the line shifted to as high as Philadelphia -2.5, before settling between -1.5 and -2.

The total is 49.5 throughout the sports betting marketplace as of Tuesday.

Underdogs have covered the point spread in the past two Super Bowls. Despite losing to the Rams, 23-20, the Bengals covered ATS in Super Bowl 56 as 4.5-point dogs. In Super Bowl 55, the underdog Buccaneers (+3.5) blew out the Chiefs, 31-9.

The Chiefs were actually the last favorite to cover in the Super Bowl. They beat the 49ers, 31-21, as -1.5 chalk in Super Bowl 54.

The last four Super Bowls have all stayed Under the total. The last time we witnessed an Over? It was the Eagles outlasting the Patriots, 41-33, five years ago in Super Bowl 52.

Super Bowl Betting History: ATS and Over/Under Results

Here’s a comprehensive list of odds and betting results for every Super Bowl that’s been played to date.

Super BowlTeamsWinner/Final Score
57Chiefs-EaglesChiefs 38-35
56Rams-BengalsRams 23-20
55Chiefs-BucsBuccaneers 31-9
54Chiefs-49ersChiefs 31-21
53Rams-PatriotsPatriots 13-3
52Patriots-EaglesEagles 41-33
51Falcons-PatriotsPatriots 34-28
50Broncos-PanthersBroncos 24-10
49Seahawks-PatriotsPatriots 28-24
48Broncos-SeahawksSeahawks 43-8
4749ers-RavensRavens 34-31
46Patriots-GiantsGiants 21-17
45Packers-SteelersPackers 31-25
44Colts-SaintsSaints 31-17
43Cardinals-SteelersSteelers 27-23
42Patriots-GiantsGiants 17-14
41Bears-ColtsColts 29-17
40Steelers-SeahawksSteelers 21-10
39Eagles-PatriotsPatriots 24-21
38Patriots-PanthersPatriots 32-29
37Buccaneers-RaidersBuccaneers 48-21
36Patriots-RamsPatriots 20-17
35Giants-RavensRavens 34-7
34Titans-RamsRams 23-16
33Falcons-BroncosBroncos 34-19
32Broncos-PackersBroncos 31-24
31Packers-PatriotsPackers 35-21
30Steelers-CowboysCowboys 27-17
2949ers-Chargers49ers 49-26
28Bills-CowboysCowboys 30-13
27Bills-CowboysCowboys 52-17
26Bills-RedskinsRedskins 37-24
25Giants-BillsGiants 20-19
24Broncos-49ers49ers 55-10
2349ers-Bengals49ers 20-16
22Broncos-RedskinsRedskins 42-10
21Giants-BroncosGiants 39-20
20Patriots-BearsBears 46-10
1949ers-Dolphins49ers 38-16
18Raiders-RedskinsRaiders 38-9
17Redskins-Dolphins Redskins 27-17
16Bengals-49ers 49ers 26-21
15Eagles-RaidersRaiders 27-10
14Steelers-RamsSteelers 31-19
13Cowboys-SteelersSteelers 35-31
12Broncos-CowboysCowboys 27-10
11Vikings-RaidersRaiders 34-14
10Steelers-CowboysSteelers 21-17
9Vikings-SteelersSteelers 16-6
8Dolphins-VikingsDolphins 24-7
7Redskins-DolphinsDolphins 14-7
6Dolphins-CowboysCowboys 24-3
5Cowboys-ColtsColts 16-13
4Chiefs-VikingsChiefs 23-7
3Jets-ColtsJets 16-7
2Raiders-PackersPackers 33-14
1Packers-ChiefsPackers 35-10

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Recent Super Bowl Trends for Chiefs & Eagles

In their high-scoring Super Bowl 52 win over the Patriots, the Eagles entered the game as 4.5-point underdogs. That was the same number the Rams spotted the Bengals last year. If this year’s spread remains at 2.5 or lower, it will mark the ninth time in Super Bowl history with a spread of less than a field goal.

The Chiefs are a short underdog vs. the Eagles in their third Super Bowl in the past four years. (AP Photo/Reed Hoffmann)

Kansas City head coach Andy Reid is 1-2 overall and 2-1 ATS in his three Super Bowl appearances, and the first came with Philadelphia. In 2005, the Patriots defeated the Eagles, 24-21. Philly did cover as a 7-point underdog.

The Reid-led Chiefs then competed in back-to-back Super Bowls with two very different results. KC was favored against both San Francisco (31-21 win) and New England (31-9 loss). So, the moral of Reid’s coaching story seems to be, just don’t play against the Pats with a Super Bowl title on the line.

Philadelphia head coach Nick Sirianni is making his first appearance in a Super Bowl, but Sirianni has done something Reid failed to do. He led the Eagles to winning seasons in his first two years as head coach.

Also read: Super Bowl 57 odds early movement | Super Bowl MVP odds – Don’t sleep on defenders | 2024 Super Bowl odds

Overall Super Bowl Betting Trends

Favorites are 28-26-2 in the 56 Super Bowls that have been played so far.  A closer look reveals that many successful bets on favorites came early in Super Bowl history. The betting favorite covered in 11 of the first 14 — and 15 of the first 21 — Super Bowls. Underdogs later dominated Super Bowl 36 through Super Bowl 48 during a 10-3 ATS run.

Super Bowl odds history also tells us that betting results are even closer for the total. The Under has a slim 28-27 advantage after the past four Super Bowls have finished below the total. There was no total posted for Super Bowl 1.

You always need to be mindful of sample size and different eras of competition. Just as favorites dominated in the early years of the Super Bowl, so too did the Under bet. The Under went 7-1 during the first eight Super Bowls when a total was posted.

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About the Author
Kris Johnson

Kris Johnson

Senior Writer
Kris Johnson is a senior writer at Gaming Today with more than 15 years of experience as a sports journalist. Johnson's work has appeared in Sports Business Daily, Sports Business Journal, NASCAR Illustrated, and other publications. He also authored a sports betting novel titled The Endgame.

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