Super Bowl underdogs all-time against the spread record (Can Chiefs cover?)

Patrick Mahomes and the Kansas City Chiefs are in the Super Bowl for the third time in four seasons, but they are in an unfamiliar spot this time.

In Mahomes’ first two Super Bowl appearances, the Chiefs were favored in the game. This time, Kansas City finds itself as a 1.5-point underdog against the Philadelphia Eagles.

Both of these teams earned the No. 1 seed in their respective conferences during the regular season, but the Eagles dominated both of their opponents in the postseason while Kansas City needed a last-second field goal to advance to the Super Bowl.

Still, the Eagles faced some easier competition, especially at the quarterback position.

Do Mahomes and the Chiefs have value as underdogs? Here’s how teams in that spot have fared in past Super Bowls:

Chiefs vs. Eagles odds, spread and total for Super Bowl 57

How have underdogs fared against the spread in the Super Bowl?

Favorites and underdogs are actually tied all time through the first 56 Super Bowls with a 27-27-2 ATS record.

Kansas City covered in its first Super Bowl win over the San Francisco 49ers, but they failed to cover in their loss to Tom Brady and the Tampa Bay Buccaneers.

Mahomes and company may actually relish the chance to be underdogs, as over the last 15 years underdogs are 10-5 against the spread and 8-7 straight up in the Super Bowl.

Personally, I wagered on the Chiefs to win this game given their experience in the big game. With a spread of just 1.5 points, this is expected to be a very close game between two of the league’s best teams.

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Game odds refresh periodically and are subject to change.