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Betting moves point total another half point for Super Bowl 54

The 49ers had been getting a decent chunk of money vs. the Chiefs in Super Bowl 54, but that’s evening out. However, the point total is on the move.

Chris Jones of the Kansas City Chiefs gestures after making a second quarter tackle in the AFC Championship game against the Tennessee Titans at Arrowhead Stadium on January 19, 2020 in Kansas City, Missouri. Photo by David Eulitt/Getty Images

The San Francisco 49ers and Kansas City Chiefs return to practice on Wednesday for the first time since arriving in Miami for Super Bowl 54. The teams have been meeting and preparing, but Wednesday will provide the first practice reports of the week, including updated injury news.

Both teams are in relatively good shape health wise, with Chiefs defensive tackle Chris Jones and 49ers running back Tevin Coleman the two names to watch this week. Otherwise, injuries shouldn’t move the point spread or point total much between now and Sunday.

The Chiefs are still 1.5 point favorites at DraftKings Sportsbook. The line has remained the same through the bye week and into game week. We’ve got a split in betting on the point spread, with 69 percent of tickets bet on the Chiefs and 63 percent of the money bet on the 49ers.

The money line changed briefly early on, but has settled in for most of the past week at Chiefs -122 and 49ers +108. The 49ers have had the edge in betting, but it’s narrowing as game day approaches. 55 percent of tickets bet on the money line are on the underdog 49ers, but we have an even split of the handle.

The big change is in the point total. It opened at 53 and moved to 54 within a couple days. On game week Wednesday, we started to see more movement as it climb 0.5 to 54.5. Betting continues to heavily back the over. 80 percent of tickets bet and 85 percent of the handle on the point total is on the over. At some point there might be value on the under, but most bettors are not finding it yet.