Chiefs vs Ravens Odds Officially Announced for Week 1 

Kansas City Chiefs quarterback Patrick Mahomes (15).
Kansas City Chiefs quarterback Patrick Mahomes (15). / Geoff Burke-USA TODAY Sports

It’s never too early to start thinking about betting NFL Week 1. 

With the season-opening game between the Baltimore Ravens and Kansas City Chiefs officially announced by the NFL this morning, so too were the odds for the game. 

Unsurprisingly, the two-time defending Super Bowl champs are the favorites. 

The Chiefs opened as a 3-point favorite against the Ravens at DraftKings Sportsbook, with -110 odds on either side of the bet. The Chiefs are -155 on the moneyline to win outright vs. +130 for the underdog Ravens. The OVER/UNDER is set at 49.5. 

The Chiefs being favorites makes sense on virtually every level. Patrick Mahomes is 3-1 against the Ravens in his career, including a 17-10 upset win over Baltimore in last season’s AFC Championship. Since 2000, defending Super Bowl champions are 19-5 straight up in their season opener and 14-9-1 against the spread (ATS). 

That said, the Chiefs lost to the Lions in last season’s opening game, making it two years in a row the Super Bowl champion has lost outright (the Rams lost to the Bills in 2022). Defending Super Bowl champs have also failed to cover the spread in three straight season openers. The last defending champ to cover was the Chiefs in 2020 when they beat the Texans 34-20. 

The OVER/UNDER is 11-12-1 during that time, with the UNDER ever so slightly ahead. 

Ravens QB Lamar Jackson just won the MVP and Baltimore signed All-Pro running back Derrick Henry in free agency. Star tight end Mark Andrews was still working his way back from a leg injury in the AFC Championship, but should be available in this game. 

The Chiefs have Mahomes and Travis Kelce, of course, but have some questions at wide receiver following the car accident involving Rashee Rice, who could be suspended by the NFL for this game. But the Chiefs are 9-2 in Week 1 games since Andy Reid became head coach and he always seems to have the perfect game plan when given extra time to prepare. 

The line could move depending on injuries and other news, but it’s clear oddsmakers think this will be a close game. Unless a star gets hurt, expect the line to hover around 3 until Week 1. 

Odds refresh periodically and are subject to change.

If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.


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Brian Giuffra

BRIAN GIUFFRA

Brian Giuffra is the VP of Betting Content at Minute Media and has been with the company since 2016. He's a fan of the Knicks, Giants, wine and bourbon, usually consuming them in that order.