| Hércules beat Castellón 3-0 (H) on 9 Oct 1949 |
| Castellón beat Albacete Balompié 2-0 (H) on 4 Sep 1949 |
| Albacete Balompié beat Cartagena 3-0 (A) on 18 Sep 1949 |
| Cartagena beat Elche 2-0 (H) on 9 Oct 1949 |
| Elche beat RB Linense 2-0 (H) on 2 Oct 1949 |
| RB Linense beat Atlético Tetuán 5-1 (H) on 4 Sep 1949 |
| Atlético Tetuán beat Plus Ultra 2-0 (H) on 25 Sep 1949 |
| Plus Ultra beat Mestalla 6-1 (H) on 18 Sep 1949 |
| Mestalla beat Alcoyano 3-2 (H) on 25 Sep 1949 |
| Alcoyano beat RCD Mallorca 3-1 (H) on 18 Sep 1949 |
| RCD Mallorca beat Levante 6-1 (H) on 25 Sep 1949 |
| Levante beat Salamanca 4-2 (H) on 18 Sep 1949 |
| Salamanca beat RCD Córdoba 3-1 (H) on 25 Sep 1949 |
| RCD Córdoba beat Granada 2-1 (H) on 4 Sep 1949 |
| Granada beat Real Murcia 1-0 (H) on 18 Sep 1949 |
| Real Murcia beat Hércules 4-2 (H) on 2 Oct 1949 |
HWC: Thick arrows show the earliest chain of wins that passes through every team and returns to its start.