Home » Super Bowl 2023 betting line swiftly shifts to Philadelphia as the Eagles enter as underdogs over the Chiefs

Super Bowl 2023 betting line swiftly shifts to Philadelphia as the Eagles enter as underdogs over the Chiefs

Publish Date: February 1, 2023

After securing their first Super Bowl title, the Philadelphia Eagles quickly became a formidable force in football – defying expectations and leading with determination. After a dominating performance in the NFC championship game, most bettors quickly took note of the Philadelphia Eagles and made them favorites over Kansas City. 

The line moved twice within minutes after opening at BetMGM with Kansas City as 1.5-point underdogs to eventually favor Philadelphia by 2.5 points for Super Bowl Sunday. Fortunately for fans, this year’s game provides amazing super bowl odds and the opportunity to place bets and predict the game’s final score with an over/under line at 49.5 points. 

Betting action is abuzz in the leadup to Super Bowl LVII, with bettors responding almost immediately when lines opened up, with most of them heavily siding with the Eagles. With two weeks left until kickoff and plenty of money riding on this matchup, keeping up with the game’s changing odds will be worth the effort.

Super Bowl History For The Teams

The Philadelphia Eagles soared to victory in the NFC championship game, achieving a resounding 31-7 win over the San Francisco 49ers, comfortably covering a 2.5 point spread. This spectacular display of athleticism and fortitude secured them a place in Super Bowl history as early 40/1 underdogs.

The Philadelphia Eagles’ Super Bowl record is an interesting one. In their first three trips to the big game, they were underdogs twice and favorites once. However, they seemed determined when facing New England in Super Bowls XXXIX and LII – the former ending with a Patriots victory despite Philly covering the 7-point spread. Tom Brady’s fourth-quarter rally attempt was foiled as his team fell short of overcoming a 4-point deficit in Super Bowl LVII.

The Kansas City Chiefs are no stranger to the Super Bowl, having made three trips in four seasons. In two of those appearances – with star quarterback Patrick Mahomes at the helm – they were favored and won one against the San Francisco 49ers. However, their most impressive display is their victory against Minnesota Vikings as a 12-point underdog in 1970’s Super Bowl IV. This victory was even more remarkable than being 14-point underdogs and losing to Green Bay Packers during Super Bowl I five years prior.

Favorites have Super Bowl Edge

Historically, Super Bowl favorites are barely edging out the competition – 28 wins and 25 losses. But, remarkably, one game ended in a tie. In 2015’s thrilling matchup between the Patriots and Seahawks, we saw even odds for each team en route to New England’s win by just four points.

Last season was a major surprise for Super Bowl bettors, as the favorite won but did not cover the spread. This was a rare event, having occurred seven times in Super Bowl history and not since 2008’s Steelers-Cardinals showdown. Nevertheless, underdog gamblers still came out of it with something to show despite their team losing.

This Super Bowl could be historic. A mere 1.5-point spread between the Chiefs and Buccaneers is one of only five times in history that such a tight score has been seen before kickoff – including the time Kansas City was a favorite against San Francisco.

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