Tom Brady might be playing in his record 10th Super Bowl, but he and his Tampa Bay Buccaneers are getting no respect in the betting market.
Since the Super Bowl LV betting line opened at Chiefs -3.5 and quickly moved to -3, bettors can’t get enough of Kansas City.
BetMGM and DraftKings each reported most of the early wagers were on the Chiefs. At BetMGM, 76 percent of bets and 80 percent of the money are on Kansas City. DraftKings reported similar numbers with 77 percent of bets and 81 percent of money on the defending Super Bowl champions.
At PointsBet, it was even more drastic. Eighty-two percent of bets and 90 percent of the money is on Kansas City.
Bettors are clearly impressed with Kansas City coming off a win and cover over the Buffalo Bills in the AFC Championship Game. Still, the Chiefs have only covered twice in their last 10 games.
Tampa Bay has covered four of its last five games, including its last two playoff games as underdogs.
This is only second time that Brady, who is 6-3 straight up and 4-5 ATS in Super Bowls, is an underdog. The other time? In 2002, when the Patriots were 14-point underdogs against the then-St. Louis Rams. Brady and the Patriots won 20-17 to give the Patriots their first Super Bowl ring.
BetMGM’s biggest bets are all on the Chiefs:
- $180K to win $100K on Chiefs -180 moneyline
- $115K to win $100K on Chiefs -3.5 (-115)
- $110K to win $100K on Chiefs -3.5 (-110)
