In the race for the Super Bowl, the San Francisco 49ers (+1730) and Kansas City Chiefs (+1500) are separated by a razor-thin margin. The implied probabilities — 5.5% and 6.3% respectively — tell the story of how the market views these two contenders.
Since the start of the 2026 Offseason season, the San Francisco 49ers have drifted from +1630 to +1730, while the Kansas City Chiefs have drifted from +1440 to +1500.
The market currently gives the Kansas City Chiefs the edge at +1500, while the San Francisco 49ers sit at +1730. Both teams' full odds history across all tracked sportsbooks is charted above.