In the lead-up to Super Bowl LVIII, early bettors have shown a strong preference for the Kansas City Chiefs, who are currently slight underdogs to the San Francisco 49ers. According to BetMGM, as of Tuesday morning, a significant majority of the early money and bets have been placed on the Chiefs.

Of all the early wagers made on the Super Bowl point spread, a staggering 78% of the money and 71% of the bets have been placed on the Chiefs, highlighting a notable imbalance in favor of the reigning champions. This significant gap in betting support for a game as prestigious as the Super Bowl comes as no surprise given the Chiefs' impressive postseason performance and their star quarterback, Patrick Mahomes.

The Chiefs have been on a hot streak, defeating the Buffalo Bills and the Baltimore Ravens on the road in consecutive weeks to secure their spot in the Super Bowl. Coupled with their victory in last year's Super Bowl, it is evident that the Chiefs have captured the attention and confidence of bettors who are drawn to their underdog status in this matchup.

However, the movement of the betting line has come as a surprise. Initially opening at 49ers -2 on Sunday night, the line quickly shifted to 49ers -1.5. This sudden change in the spread, usually influenced by bettor activity or injury reports, is puzzling considering there have been no notable injury updates for either team.

Despite the majority of wagers being placed on the Chiefs, the line has since moved back to 49ers -2, indicating a potential shift in sentiment or a calculated adjustment by the sportsbooks. With the Super Bowl still two weeks away, it is highly likely that the spread will undergo multiple changes before kickoff.

For now, early bettors who have placed their faith in the Chiefs can take solace in knowing that their favored team is obtaining significant support in the betting world. As the anticipation builds, the Super Bowl LVIII line will undoubtedly continue to fluctuate, leaving bettors intrigued and eager to see how the final spread shapes up before the big game.