For the third straight game, they’ll be underdogs by around three points. After championship Sunday, Vegas opened the Super Bowl betting line at KC -3.5. But due to a recent influx of public money. The Super Bowl is the most popular sports betting event in the U.S, with over $100 million bet only on game day. Within the past four years, the underdogs have taken the Lombardi Trophy 2 out of 5 times. In Super Bowl 54 the Kansas City Chiefs Beat the San Fransisco 49ers 31-20, The NFC owns a 27-25 edge over the AFC in Super Bowl wins.

• Super Bowl 2021 Bet Line
• Super Bowl Vegas Line 2021

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How to read Super Bowl 56 Odds

The Kansas City Chiefs lost to the Tampa Bay Buccaneers in Super Bowl 55. However, the Chiefs remain the favorites to win Super Bowl 56 at SoFi Stadium in Inglewood, California.

The Chiefs are listed at 6/1 odds (Bet $100 to win $600), while the defending champion Buccaneers are the third-betting choice at 10/1.

In between Kansas City and Tampa Bay are the Green Bay Packers, who are currently at 9/1 odds.

Here is a quick reference on Super Bowl odds for the upcoming 2021 NFL season.

How to read NFL Las Vegas Odds

The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.

The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.

Ex. Favorite -10, Underdog +10

On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.

Ex. Bet $110 to win $100 (10% juice)
Ex. Bet $100 to win $90.91 (10% juice)

It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.

Super Bowl 2021 Bet Line

The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.

Another number that’s posted on the NFL Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.

All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.

NFL Open Line

One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NFL or any other sport, it’s a great idea to view the open line first.

VI Consensus NFL Line

The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.

How do I bet on the Super Bowl?

We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.

Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.

Ex. Green Bay (8/1) to win the Super Bowl

The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).

The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.

If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.

The Tampa Bay Buccaneers and Kansas City Chiefs will battle Super Bowl LV. The game takes place Sunday at 6:30 p.m. ET at Raymond James Stadium in Tampa, Fla. It would be the Chiefs’ second straight title and for the Bucs, it would be their first since Super Bowl XXXVII in February 2003. Buccaneers QB Tom Brady is in his 10th Super Bowl and seeking his seventh championship. Below, we analyze the Super Bowl 55 odds and lines at BetMGM with picks and predictions for the first-half money line.

Super Bowl Vegas Line 2021

2021 Super Bowl prop bet: 1st-half money line odds and picks

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Friday at 11:50 a.m. ET.

First-half money line: Chiefs -150 (bet $150 to win $100) Buccanners +125 (bet $100 to win $125)

While people will remember the second halves of games and how things ended, having a lead in the first half of the Super Bowl matters. Now, last year’s game between the Chiefs and San Francisco 49ers was the fourth first-half tie in the Big Game, but teams going into the half with the lead are 38-12 in the Super Bowl.

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The Chiefs held the halftime lead in both of their games this postseason, leading the Cleveland Browns19-3 at the half in the divisional round and holding a21-12 lead at the half over the Buffalo Bills in the AFC Championship. In last year’s championship run, the Chiefs led at the half in one game, trailed in another and were tied in the Super Bowl.

Tampa Bay led at the half in the wild-card round and the NFC Championship but was tied at the half in the divisional round. When the Bucs and Chiefs met in Week 12, the Chiefs led 20-7 after one half, en route to a 27-24 win.

Also see:

Chiefs vs. Buccaneers odds, picks and predictionBet Slippin’ PodcastSuper Bowl Prop Bets

If we look at Tom Brady’s New England Patriots teams in the Super Bowl, they led at halftime only five times, although they trailed only twice.

2021 Super Bowl first-half money line prediction

You have to like how the Chiefs are playing right now. The Bucs have the defense and the edge rushers to cause QB Patrick Mahomes trouble, especially with LT Eric Fisher out with an Achilles tear, but Kansas City has been here before and is playing at a high level. The Chiefs have played with the lead all postseason and did it against the Bucs in the regular season.

The question is whether they can stave off a comeback.

As for the first half, bet the CHIEFS (-150).

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Want action on NFL bets? Sign up and bet at BetMGM. If you’re looking for more sports betting picks and tips, visit SportsbookWire.com. Please gamble responsibly.

Also see:

Chiefs pass rushers cognizant of Brady’s elite … shoulders? (Chiefs Wire)Could Bucs already be targeting extension for Brady? (Bucs Wire)

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