Early Betting Action Report for Super Bowl 58
January 29, 2024
The matchup became a fixture last night as the 49ers put the finishing touches on the Lions. San Francisco will play the Kansas City Chiefs in Super Bowl 58. The betting line saw SF open as 2 point favorites and a total of 47.5 points. The public instantly started betting this game and the line moved as a result.
Bets on Kansas City started streaming in as soon as the line was posted. This moved the line down to SF -1 within the first 30 minutes at SportsBetting.ag. The total has remained firm at 47.5
As of writing this article on Monday afternoon, the sportsbooks we monitor have taken in 26,000 bets on this game. 70% of tickets are on KC and 75% of the money is as well. Even after the line move the books are taking more action on the Chiefs than the Niners.
What We Can Expect
There is 50% chance this line will crawl down to a PK by game start. There is also a good chance that balancing action will come in on San Francisco. The sharps have yet to cast their vote in the matter.
The total will most likely remain the same as the game is being played indoors. If anything, it may crawl upward by a half point because the betting public loves to bet Overs on games they watch.
