Week 5 Monday Night Football Odds: Saints vs. Chiefs

Monday Night Football prepares to chill out a bit this week, as we take a break from the overlapping double-headers. I personally love the two MNF games, but I’ll be okay with just one MNF contest to focus on from a betting perspective.

The week 5 Monday Night Football odds are live at the top NFL betting sites, so now is the time to see which team you should back – and what MNF props look good. I have you covered across the board, as I’ll inspect the latest odds for when the New Orleans Saints take on the Kansas City Chiefs, and wrap things up with my favorite MNF bets.

Want to get an early start on Week 5 NFL betting in general? Check out our week 5 TNF odds and predictions. With that, let’s dive into this week’s Monday Night Football showdown.

What Channel is Monday Night Football On?

• Monday Night Football Channel: ESPN and ABC
• Monday Night Football Time:  8:15 pm ET
• Monday Night Football Announcers: Joe Buck and Troy Aikman

You don’t need to worry about keeping tabs on two different MNF broadcasts in week five. There is just one game to follow, with the New Orleans Saints vs. Kansas City Chiefs being displayed on ESPN and ABC.

Joe Buck and Troy Aikman will have the call and the game will kick off at 8:15 pm EST.

Monday Night Football Betting

I’ve had some nice MNF betting hits to open up the 2024 NFL season, and last week was no different. My top pick was for the Detroit Lions to get the win, and they did just that.

I was close to getting a DK Metcalf touchdown prop to hit, too, but his catch was ruled incomplete. Overall, it was a fine week for betting on MNF, and week 5 presents another opportunity to get in some winning bets.

Unsure as to how to bet on MNF this week? You can rely on this post, but I also suggest checking out what the top sports betting handicappers have to say.

In addition, be sure to shop for the best pricing. Naturally, that leads me to a breakdown of the week 5 MNF betting odds.

Monday Night Football Odds

Here are the latest NFL odds for this week’s MNF showdown.

The Monday Night Football odds for week five shouldn’t shock anyone. KC is 4-0 to start the season, and they’re historically tough to beat at home.

They’re the logical home favorite, even though they lost star wide receiver Rashee Rice to a knee injury. Patrick Mahomes and co. also tend to perform well under the bright lights, while it’s no secret by now that the referees for whatever reason tend to favor the Chiefs.

New Orleans is an understandable road underdog, but this point spread feels a bit long. The Saints are 2-2 on the year, but they’ve been in both of their losses until the very end, and could quite easily be undefeated right now.

This game total feels a bit light, all things considered. New Orleans put up a ton of points through the first two weeks, and we know Mahomes is capable of throwing several touchdowns in any given game.

I could probably stop there; Chiefs to win, Saints to beat the spread, and the total to go Over. But if you want a little more insight and reasoning, I’ll gladly break down the MNF betting trends and go over some more Monday Night Football picks I like for week 5.

Monday Night Football Betting Trends

Before you place your week 5 MNF bets, consider the following Saints vs. Chiefs trends:

Saints vs. Chiefs Betting Trends

• Chiefs are 7-5 in the all-time series SU
• Chiefs have won 3 straight in the series

New Orleans Saints Betting Trends

• Saints are 3-1 ATS in 2024
• Saints are 4-1 ATS as road underdog since 2023
• Over is 3-1 in Saints games in 2024

Kansas City Chiefs Betting Trends

• Chiefs are 3-1 ATS overall in 2024
• Chiefs are 6-5 ATS as home favorites since 2023
• Over is 7-14 in Chiefs games since 2023

Monday Night Football Predictions

This is a very interesting game, seeing as we have an undefeated team that the NFL loves, and a team that could easily be 4-0 right now. Let’s see how they measure up:

New Orleans Saints Outlook

The New Orleans Saints were not expected to be very good coming into the season. They’ve made everyone look silly, as they had two dominant wins to get off to a shocking 2-0 start.

That dominance was short-lived, of course, as they’ve dropped each of their last two contests. Those losses did come against solid teams in the Tampa Bay Buccaneers and Philadelphia Eagles, respectively, and they were very close games.

Quarterback Derek Carr has largely played well in 2024, posting a 103.9 quarterback rating with six touches and 824 yards. He has nice weapons to work with, as Chris Olave and Rasheed Shaheed have both flashed explosive ability down the field.

Kansas City’s pass defense was tough last year, but so far in 2024 they’ve been a bottom-10 unit, giving up 940 yards through the air. Their secondary has also picked off just one pass, so if they can’t dictate what Carr will do, it could be a long night.

On the ground, Alvin Kamara has been cooking. He is averaging 4.5 yards per carry on the season and has already found paydirt five times. Kamara may not find a ton of success in this matchup, however, as only the Baltimore Ravens have allowed fewer yards to running backs through four weeks.

Defensively, the Saints have held their own. Even though they didn’t crush their opponents (or win) the last two games, they still held two potent offenses relatively in check. On the year, the Saints rank 6th in terms of fewest points allowed per game, while they rank 3rd against the run.

Overall, the Saints have a chance to find success if they can make some plays down the field. They also are equipped with a defense capable of containing a KC offense that hasn’t been particularly explosive and will be without two key offensive starters.

Kansas City Chiefs Outlook

It’s tough to bet against Patrick Mahomes with any sort of confidence. He’s kept his team in every game so far in 2024, and despite their best efforts, the Chiefs are undefeated at 4-0.

There’s no denying that Kansas City has benefited from some flags going their way, while literally every game they’ve played has gone down to the wire. More specifically, each game has been decided by a touchdown or less.

Mahomes can still get it done, even if it’s ugly, but it’s worth noting that he will have his work cut out for him here. Kansas City is 16-5 straight up at home dating back to the beginning of 2022, which illustrates that this team typically finds a way.

However, they are severely under-manned at this point. The team already lost deep threat Hollywood Brown for the year before the season started. Then top running back Isaiah Pacheco went down, and this past week wide receiver Rashee Rice suffered a knee injury.

Kansas City welcomed back a surprisingly effective Kareem Hunt, but they are turning to an aging Travis Kelce and a rookie (Xavier Worthy) in a less than favorable matchup.

Luckily, Mahomes still exists, and KC’s defense has continued to be useful.

The Chiefs haven’t lit the world on fire offensively, but their defense ranks 7th in points allowed per game, and they’re 8th against the run as a whole.

The numbers and injuries combine to give the Saints a real shot at the upset, but as noted, it’s never easy to put money down against Patrick Mahomes – especially at home.

Who Will Win: Saints or Chiefs

This rendition of the Kansas City Chiefs simply isn’t scary. I’m not sure they’d be striking fear into the hearts of bettors even with a healthy Rashee Rice. In games he finished this year, KC still maxed out at 27 points and never won by more than seven.

Now Rice is sidelined for week 5 at the very least, and KC is stuck searching for answers. I do think Mahomes will respond and elevate his team, but it shouldn’t lead to a blowout win.

New Orleans looks to be a squad of substance. The matchup in front of them isn’t easy, and it’s only amplified by being on the road at Arrowhead Stadium under the bright lights of Monday Night Football.

Still, everything points to a close game. I’d shop around for +6 or better if you can find it, but five points will do. I think the Saints can keep it close, even if it still leads to a Chiefs win at home.

Bet: Kansas City Chiefs -220

Monday Night Football Prop Bets

Want to bet on Saints vs. Chiefs props? I’ve compiled a list of my favorites for week 5:

Travis Kelce Anytime TD Scorer

• Yes +110

Is Travis Kelce officially washed? It is certainly possible, as the 34-year old tight end is trending toward one of his worst seasons in years.

More specifically, he’s yet to score a single touchdown through four weeks. I’m aware that things haven’t gone well for him, but there’s reason for optimism, as he earned a season-high nine targets last week and turned that into seven catches for 89 receiving yards.

His role is returning, while KC flat out needs him now that Rice is on the shelf. Kelce is a TD machine when he’s a featured player in this offense, too, and the Saints haven’t exactly stifled the tight end position (6th most yards allowed to TEs) in 2024.

Given the matchup and his rediscovered role in Kansas City’s passing game, I expect him to score in week 5.

Bet: Yes +110

New Orleans Saints Over 1.5 Total Touchdowns

• Over 1.5 (-227)

It’s early in the week, so almost all of the Monday Night Football props you find will only be scoring related. Rather than try to predict every player that might find the end-zone in week five, let’s focus on a team MNF prop.

New Orleans has scaled it back offensively a bit in recent weeks, but they were virtually unstoppable in weeks one and two. It isn’t crazy to hope for something more in between, while they have enough playmakers to get the job done.

Bet: Over 1.5 -227

Kansas City Chiefs Total Field Goals

• Over 1.5 (-125)

For all intents and purposes, this is a Harrison Butker made FGs prop bet, disguised as a Chiefs prop. Still, it feels like a no-brainer, as KC still moves the ball well enough to give him opportunities, but the matchup is tough enough that the Chiefs won’t just score endless touchdowns.

To this point, Butker has attempted at least two field goals in every single game. He did miss one last week, but as a career 89% kicker, a repeat of that doesn’t seem likely.

If Butker gets two cracks at field goals in this game – and I don’t see why he wouldn’t – he’s an awesome bet to deliver at his -125 price.

Bet: Over 1.5 -125

Best Bets for Monday Night Football

I am sure there are even more MNF props to target, but I’d prefer to wait for more appealing options to drop. 

Forcing the issue doesn’t help anyone, but luckily there are three I do think are worth going after at your favorite online sportsbook.

Overall, I’ve created a shortlist of my favorite week 5 MNF bets:

• New Orleans Saints +5 -108
• Kansas City Chiefs -220
• Chiefs Over 1.5 FGs Made -125

Want more bets? You can roll with my other two Monday Night Football props, and if you want to bet on the game total, I do lean towards the Over. This game has two good defenses and KC is hurting, but the offensive potential is still pretty solid and the total is simply too low.

My preferred bets are the Saints ATS, the KC moneyline, and the Chiefs to knock in two field goals or more. New Orleans has been in every game this year and appears to be an underrated crew, so I expect them to keep it close.

That said, the Chiefs are a tough out at home and I don’t like to fully bet against Mahomes. You can target both bets and the beauty is they leverage each other, and yet there’s enough wiggle room for them both to hit.

You can use my other insight and any other data on this page to formulate other MNF bets once more prop to win on the road against a (very) good team, but there’s enough here to absolutely consider the upset pick.