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The Kansas City Chiefs enter the postseason as No. 1 seed in the AFC as they attempt to become back-to-back Super Bowl champs. They finished the regular season 14-2. Below, we analyze the Chiefs’ 2021 Super Bowl LV odds, how they stack up against other NFL playoff teams and look at their 2020 regular-season betting trends. Check out SportsbookWire.com for more NFL betting predictions.

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Latest Kansas City Chiefs 2021 Super Bowl LV odds

NBA Odds Update: Bet on the Jazz to Win It All: The Utah Jazz have the league's best record and sit atop numberFire's Power Rankings. Are they a value bet to win the title this season?

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Thursday at 10:50 a.m. ET.

+240 A $10 bet returns a profit of $24

The Chiefs have odds of +240 to win the 2021 Super Bowl. These odds return a profit of $24 on a $10 bet and represent an implied win probability of 29.41%. The odds can be expressed as a fraction of 12/5 or a decimal of 3.40.

They are the favorites to win the Super Bowl. The Washington Football Team is the biggest long shot at +10000. A $10 bet would return a profit of $1,000.

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Kansas City Chiefs’ 2020 betting trends

Money line (?)

The Chiefs finished the season 14-2. They went 6-2 at home at Arrowhead Stadium, where they will play all of their playoffs teams until the Big Game, as they are the No. 1 seed. They went 10-2 in the conference.

Against the spread (?)

The Chiefs went 7-9 ATS, failing to cover the spread in their final eight games. They were 3-5 ATS at home and 6-8 ATS when favored.

Over/Under (?)

Kansas City had the league’s No. 1 offense but the Chiefs’ games split the Over/Under evenly in their 16 games this season. They split it at home and on the road, going 4-4 O/U at home and away from Arrowhead.

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Also see:

Chiefs OC Eric Bieniemy has completed HC interviews with 5 teams3 Chiefs players earn PFF First-Team All-Pro selections

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Two teams from the NFC West made the playoffs last season, but the entire division was fairly competitive throughout the year. The Rams got a good taste of that by going 3-3 in the division, losing both of their games to the 49ers and splitting with the Seahawks.

Looking ahead to 2021, the Rams and 49ers are viewed as the top teams in the NFC West – at least based on the betting odds. At DraftKings Sportsbook, the Rams and 49ers are tied as the betting favorites to win the division at +175, followed by the Seahawks +300 and Cardinals +700.

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It’s not really surprising that the Rams are viewed as the favorites after acquiring Matthew Stafford, but the 49ers have some things to sort out. Jimmy Garoppolo isn’t certain to be the team’s quarterback, which could leave a hole at the most important position in football.

And even if Garoppolo does remain, he’s not exactly a quarterback who’s going to A) put up huge numbers or B) necessarily stay healthy for all 16 games. Both defenses look stout heading into 2021, while their rushing attacks should both be potent, too.

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It could just come down to quarterback play and overall health of the team, which both derailed the 49ers last season.