Chiefs vs. Ravens Week 1 Odds Prove AFC is Chiefs' to Lose

The Chiefs will host the Ravens in Week 1 of the 2024-25 NFL season after an early schedule leak. A full schedule release is scheduled for Wednesday, though sportsbooks already have betting odds for Kansas City vs. Baltimore ready to roll.

These are the AFC's two best teams on paper, with the Chiefs sitting at +300 to win the conference and the Ravens at +475 over at DraftKings Sportsbook. It's a worthy Week 1 matchup and oddsmakers justifiably have Kansas City favored with opening odds.

Take a look below at the first official NFL schedule odds for the new year.

Chiefs vs. Ravens Week 1 Opening Odds Give Kansas City Edge

The Chiefs open as three-point favorites and -155 on the moneyline with a total set at 49.5. Moneyline odds of -155 mean you'd need to bet $15.50 on Kansas City to profit $10, while a $10 profit on Baltimore at +130 odds would profit $13 if the Ravens won.

Frankly, these odds could be viewed as slightly disrespectful to the Chiefs. Kansas City won 17-10 in Baltimore in the AFC Championship game and has five wins in its last six games against the Ravens. The Chiefs are 4-2 against the spread in those six contests, beating the Ravens by an average of 9.8 points per game in the victories.

Lamar Jackson and his squad will be hungry for revenge after letting a golden opportunity to make the Super Bowl slip through their fingers last year. Kansas City is trying to become the first franchise in NFL history to win three consecutive Super Bowls and this is the perfect time to prove they haven't lost a step.

The fact that these two teams are heavy favorites in the AFC is notable. If the Chiefs win, they'll seemingly have a stranglehold on the conference from a betting perspective through just one week. They'd have the tie-breaker over the Ravens in the standings and with the Bengals and Bills both at +700 to win the AFC, Kansas City would have considerably shorter odds than any other team in the conference.

In 2023, the Chiefs lost in Week 1 21-20 to the Lions in an ugly offensive contest. Kansas City doesn't want to repeat the mistakes of last year, even though things ended in a Super Bowl win, so I'd bet the coaching staff ensures the team is ready and focused to start hot.

Odds have plenty of time to change before the season gets underway on September 5th, but for now, it looks like the Chiefs once again have a clear path to a deep playoff run.

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Odds refresh periodically and are subject to change.