It wasn’t the end to the season that the Kansas City Chiefs had hoped, but there’s no reason to believe they’re going anywhere. Down both starting offensive tackles, Patrick Mahomes was pressured by the ferocious Tampa Bay defense all night long and his team failed to score a touchdown. Despite the rough statline, Mahomes made some incredible plays to escape sacks and ultimately missed out on two touchdowns due to drops from his receiving corps.
Although the Chiefs open 2021-22 as the favorites to win Super Bowl LVI, there is some urgency in the organization. For one, coach Andy Reid isn’t getting any younger nor farther away from potential retirement. Many of the pieces that led the Chiefs to two straight Super Bowls were re-signed and star guard Joe Thuney was added in free agency. The trick to running back another year under this team is keeping the crew together and most of the same players are still in place moving forward.
As long as Mahomes is behind center and their corps of Mahomes, Travis Kelce, and Tyreek Hill stay put, the Chiefs will be contenders. They’ll be back in the mix in 2021-22, even if this offseason leaves a sting.
Kansas City Chiefs odds
Best Chiefs betting site(s)
Chiefs prop bets
Prop bets are based on individual performance, typically surrounding players. The Chiefs had one of the most explosive offenses in 2020 and therefore were one of the most popular targets for prop bets. For example, Patrick Mahomes had a projected passing total of 285.5 yards in the Chiefs’ Week 13 matchup with the Denver Broncos. That game, Mahomes passed for 318 yards, giving those who bet the over on his passing prop the win.
Search below for Kansas City Chiefs team or player props currently being offered at sportsbooks. You can also look around at other teams and players using this tool. Happy shopping!
Chiefs futures odds
Futures are long-term bets that can range from an offseason to a full season (or beyond). Team win totals, award winners, and player performance are common futures. For example:
2020 Odds to win NFL MVP
- Patrick Mahomes +350
- Lamar Jackson +600
- Russell Wilson +800
- Deshaun Watson +1400
This line for the league MVP would often be bet before the season starts. Futures allow for bettors to capitalize on players they think are favorites to win awards long before the odds shift away from their favor. For example, Aaron Rodgers opened with odds of +2500 to win the MVP award; his odds quickly shifted as the season developed and Rodgers was the eventual winner of the award.
Chiefs Super Bowl LVI odds
After being beaten 31-9 by the Tampa Bay Buccaneers in their second straight Super Bowl appearance, the Kansas City Chiefs opened as +550 favorites to win Super Bowl LVI.
Chiefs AFC West odds
The Chiefs clinched the AFC West in 2020 and are expected to be heavy favorites to win their sixth straight division title.
Cheifs win totals
12 wins (-110 over)/(-110 under)
The back-to-back AFC champions lead the NFL in projected wins. They didn’t lose much, added Pro-Bowl guard Joe Thuney, and retained all the skill players that Kansas City has hung their hat on for the past three years.
Kansas City Chiefs 2021 schedule and betting odds
Check back for the complete Chiefs 2021 schedule along with the opening spreads for every game.
How to bet on the Kansas City Chiefs
The moneyline is the simplest of bets, decided by the straight-up winner and loser of each game. Consider the following example:
- Chiefs -185
- 49ers +310
The Chiefs are considered heavy favorites in this matchup (indicated by -185), requiring a $185 bet to win $100 (plus the initial bet back). The 49ers are the underdog in this matchup, paying out $410 total for a $100 bet ($310 in winnings). How much either team wins or loses by does not matter in moneyline betting, the payout remains the same.
Betting on the point spread is determinant on how many points a team wins or loses by. Take the following example:
- Chiefs -7.5 (-110)
- Patriots +7.5 (-110)
In this example, Kansas City is favored by 7.5 points, indicated by “-7.5.” If the Chiefs win the game 30-21, the Chiefs (-7.5) win the bet and would have a total payout of $19.09 on a $10 bet ($9.09 in profit). If the Patriots keep the game within eight and lose 28-24, the Patriots (+7.5) would win, and the payout would be the same as listed above.
Point total (over/under)
The point total refers to the over/under line set by books. This number projects the total number of points scored in a game and, like prop betting, is bet whether one thinks the score will go over or under the set point total. For example, the Chiefs’ Week 6 matchup with the Buffalo Bills had a projected point total of 59.5 points. Kansas City won the game 26-17, totaling 43 points. Those who bet under the point total in this game would have cashed out.
The Chiefs’ explosive offense and ability to score bunches of points in a short amount of time often gave them a higher than league average for over/unders. In 2020, it wasn’t uncommon to see point totals like the aforementioned 59.5 points and that’s expected to continue into 2021 as long as Patrick Mahomes plays at an elite level.
Sometimes, the most thrilling and rewarding bets are bets made while games are being played. These are referred to as live bets or in-play bets. Odds are ever-changing during games, which would prove to be fruitful for sharp and prepared bettors. For example, if the Chiefs (-255) were heavily favored against the Giants (+190) before kickoff, a payout on a $10 bet on the Chiefs to win would win just $3.92.
However, say the Chiefs fell to a big 17-3 deficit in the first half despite controlling the overall game (due to a costly turnover or special teams gaffe). Odds may swing in favor of the Giants, who may be a -110 favorite at halftime. Taking the Chiefs to come back and win the game could present plus-odds (say, +130). Should a bettor take Kansas City (+130) at halftime and the Chiefs pull off the comeback, winners would win $13 instead of $3.92 (plus the initial $10 bet).
This could also be an effective way to “hedge” your bet; say a bettor took the Giants (+190) in that game, but Kansas City jumps out to a 21-0 first quarter lead and is controlling the overall feel of the game, bettors could hedge by throwing some money down on Kansas City (-320) to return some of the inevitably-lost bet.
You can always string bets together in the form of parlays or teasers. Usually during busy Sundays, bettors can parlay several teams to win or cover against the spread and if all bets are successful, the payouts are multiplied. Teasers function similarly, except they allow bettors to move each point spread to a more favorable line in exchange for diminished odds.
Chiefs 2020 recap
Record ATS: 7-9
Over/under record: 8-8
14-2 has become a sort of expectation for Patrick Mahomes and the Chiefs after they’ve dominated the NFL for the past three seasons. Kansas City’s trademark one-play offense was ever-present under Andy Reid and it took them all the way to another Super Bowl. However, there was talk all season long that KC was letting their opponents stick around longer than they should have. Examples of this reside in Week 16 against the Falcons (17-14), in Week 13 against the Broncos (22-16), in Week 8 against the Panthers (33-31), and a handful of other weeks. This resulted in their 7-9 record against the spread.
Chiefs 2021 offseason moves
Key re-signings: T Mike Remmers (one year, $6.8 million), G Andrew Wylie (tender), CB Charvarius Ward (one year, $3.4 million), WR Byron Pringle (one year, $2.1 million)
Key free agent losses:
Key free agent signings: G Joe Thuney (five years, $80 million)
Draft pick position needs: OT, WR, LB