2022 Super Bowl odds: Rams favored by more than a field goal over Bengals against the spread

The Los Angeles Rams are now 4.5-point favorites in this year’s Super Bowl. After not seeing much movement in the odds this week, many bookmakers moved the line to 4 on Thursday as the money continues to pour into the underdog Cincinnati Bengals. While many sharps already bet on the Rams, the public loves Joe Burrow and the underdog Bengals in this game.

The Cincinnati Bengals and Los Angeles Rams weren’t expected to get to the Super Bowl for much of the NFL season. Now the Rams and Bengals will meet in Los Angeles’ SoFi Stadium, home of the Rams, in Super Bowl LVI. The Rams are favored, opening as 3.5-point favorites on BetMGM and the spread is now at 4.5. The Bengals will be underdogs for the third straight game in the 2022 NFL Playoffs.

The Bengals were 10-7 against the spread in the regular season and covered in all three AFC playoff games. Cincinnati was also 6-3 against the spread as an underdog in the regular season.

Meanwhile, the Rams were 8-9 against the spread in the regular season and 2-1 in the playoffs. All four Rams playoff games have had similar spreads. LA was a 3-point favorite against the Arizona Cardinals, a 2.5-point underdog against the Tampa Bay Buccaneers, and a 3.5-point favorite against the San Francisco 49ers.

This isn’t a typical home game, but it is in the Rams’ home stadium. The Rams were 4-4 against the spread at home in the regular season and 1-1 against the spread at home in the playoffs. The Bengals were an impressive 6-2 against the spread on the road with two more covers on the road in the playoffs.

Team	Spread	Total	Moneyline
Rams	-4.5	48.5	-200
Bengals			+175

All odds from BetMGM. Odds updated at 9 a.m. ET Saturday. Click here for live odds.

The spread moved from Rams -3.5 to Rams -4.5 in the 24 hours after the line opened. The total is now at 4 at some sportsbooks on Thursday morning. That’s the first movement since Monday last week. The total has been at 48.5 since last week.

Super Bowl spread history and trends

Note: The first four Super Bowls were AFL vs. NFL and not AFC vs. NFC. In this table the AFL teams are listed under AFC and the NFL teams are listed under NFC.

Favorites are 28-24 against the spread in Super Bowl history with two pushes and one pick ’em game. Straight up, favorites are 36-18.

Favorites have covered in three of the past five Super Bowls, but since Super Bowl XXXVI (aka Tom Brady’s first Super Bowl), underdogs are 12-6 ATS.

Teams favored by 10 points or more are 0-4-1 against the spread in the last five such games. Double-digit favorites are 7-6-1 in Super Bowl history.

Entering this year, the last 12 Super Bowls featured a spread of five points or fewer. The underdogs are 7-4 straight up (Super Bowl XLIX had no favorite, closing as a pick ’em game) in that span.

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(Photo of Cooper Kupp and Matthew Stafford: Christian Petersen / Getty Images; The Athletic may receive an affiliate commission if you open an account with BetMGM through links contained in the above article.)