Patrick Mahomes has spent the better part of his career as the NFL’s ultimate safety net, the player who ensures Kansas City is never counted out.

Yet for only the second time since he became the Chiefs‘ starter in 2018, oddsmakers have tilted the scales against him at Arrowhead Stadium.

In a twist that has stunned both fans and bettors, the Philadelphia Eagles have been installed as slight favorites heading into Sunday’s Super Bowl rematch.

The line is small, just 1.5 points, but the symbolism is massive. The last time Mahomes entered a home game as an underdog was back in October 2022, when Josh Allen and the Buffalo Bills left Arrowhead with a 24-20 win.

Now, the Eagles, who embarrassed Kansas City in February’s Super Bowl, are being positioned as the better team again, a reflection of both their strong start and the Chiefs’ unexpected stumble out of the gate.

The Chiefs‘ 27-21 loss to the Chargers in Brazil last week wasn’t just surprising, it was unsettling. The offense looked disjointed, Mahomes was forced to run far more than he’d like, and a defense that was supposed to be revitalized couldn’t deliver key stops.

A defeat on Sunday would leave Kansas City at 0-2 for the first time in the Mahomes era. In fact, the franchise hasn’t opened a season with consecutive losses since 2014, a year that ended with no playoff berth.

Given the team’s gauntlet of an AFC schedule, another slip would bring genuine questions about whether the defending champions can keep pace in a conference brimming with contenders.

Injuries have only deepened the uncertainty. Rookie receiver Xavier Worthy, who injected much-needed speed into the offense, is sidelined with a shoulder injury.

His absence leaves Travis Kelce, JuJu Smith-Schuster, and Marquise “Hollywood” Brown as Mahomes’ primary weapons, but the unit lacks the explosive dimension Worthy provided.

For the Eagles, this matchup feels less like a crisis and more like an opportunity. They’re fresh off a convincing Week 1 victory over the Cowboys and still riding the confidence of February’s Super Bowl demolition of the Chiefs.

Even if they stumble at Arrowhead, the implications are minimal, a non-conference loss won’t do much to hurt playoff tiebreakers.

That freedom may allow Jalen Hurts and new addition Saquon Barkley to lean aggressively into their strengths. Barkley, who logged more than 2,000 total yards last season, gives Philadelphia a ground threat Kansas City struggled to contain last time.

With A.J. Brown and DeVonta Smith stretching defenses outside, the Eagles’ offense has every tool to replicate its dominance.

Defensively, coordinator Vic Fangio is aware Mahomes thrives on improvisation. “You can’t stop every play he makes off-script, but you can limit how often those moments happen,” Fangio told reporters last week. “That’s the challenge.”

Betting markets reveal shifting perception

Sportsbooks initially pegged the game as a pick’em before bettors pushed the line toward Philadelphia. The over/under sits at 47.5, though many analysts are leaning toward the under, expecting two defenses capable of disrupting rhythm.

Mahomes‘ passing line has been set at 235.5 yards, while Hurts is listed at 208.5. Both quarterbacks are expected to run, with Mahomes projected for 25.5 rushing yards and Hurts at 40.5.

The player prop generating the most debate? Barkley‘s rushing total of 87.5 yards, especially after Kansas City held him in check in February.

Oddsmakers give the Eagles about a 55 percent implied chance to win, numbers that still leave the game essentially a coin flip. But in perception terms, it’s striking: Mahomes is no longer the automatic favorite at home.

More than just Week 2 on the line

For the Chiefs, Sunday isn’t only about revenge for the Super Bowl or evening their record. It’s about preserving the aura of inevitability that has followed them for half a decade.

A 0-2 start would open the door for AFC rivals – Baltimore, Buffalo, Miami – to seize early control of playoff positioning.

Philadelphia, meanwhile, has the chance to underline its status as the NFL’s most balanced team.

Barkley gives them offensive flexibility they lacked a year ago, and a win at Arrowhead would serve as another statement that this group isn’t just capable of winning a title, it’s built to dominate.

Kickoff is set for 4:25 p.m. ET on FOX. The betting line may be narrow, but the stakes are anything but.

For Mahomes, it’s a chance to remind the league that Kansas City doesn’t crumble under pressure. For the Eagles, it’s a chance to prove that February was no fluke. And for fans, it’s one of the rarest sights in modern football: the Chiefs as home underdogs with everything to lose.

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