NFL betting snapshot: Chiefs enter another season as Super Bowl favorites

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A Super Bowl loss hasn't stopped the excitement for a potential Kansas City Chiefs dynasty. 

The Chiefs lost in the Super Bowl to the Tampa Bay Buccaneers at the end of last season, and even though the Bucs bring back all 22 starters, it's the Chiefs who are Super Bowl favorites at BetMGM to start the season. 

As long as Patrick Mahomes and Andy Reid are on the Chiefs together, it probably won't be the last time. 

The Chiefs are favored to win their second Super Bowl in three years. (AP Photo/Reed Hoffmann)
The Chiefs are favored to win their second Super Bowl in three years. (AP Photo/Reed Hoffmann)

Chiefs win total: 12.5

It's always hard to take the over on the largest win total on the board, even if it's the Chiefs. Kansas City went 14-1 last season before sitting starters in the regular-season finale. However, many of those wins in the last half of the season were close. Seven straight wins were by six or fewer points. The Chiefs failed to cover in six of their last seven regular-season games. It's hard to poke holes in a team that lost one regular-season game Patrick Mahomes started, but there's reason to believe there could be some regression. 

Add it all up and it's hard to take the over, even though the Chiefs are clearly one of the best teams in the NFL. 

Super Bowl odds: +450

The Chiefs aren't just favored, they're significantly ahead of anyone else. The Buccaneers, who have the second-lowest odds, are +700. I couldn't fault anyone for taking the Chiefs. There's a good reason they're favored. But at those odds, in a tough AFC, there are better values on the board. 

Best prop bet: Travis Kelce receiving yards

Posting a receiving yardage total of 1300.5 for a tight end is aggressive, but Kelce is special. He hit 1,416 yards last season. Still, that's a big number for any player. It's hard to fade the Chiefs' passing game with Patrick Mahomes, but it's even tougher to bet over 1,300 yards for a tight end. Take the under, even though it will be a nervous ride fading the best tight end in the game. 

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