NFL Super Bowl Winner Odds
Table Of Contents:
With the NFL season comes the chance to place Super Bowl futures. This can lead to some huge payouts, especially if done before the season starts. This article will break down the NFL Super Bowl odds and provide you with some Super Bowl favorites that may be worth betting on. On top of that, we will also give you some history of past Super Bowl results.
Super Bowl odds & futures for 2023-2024
The table below will list the latest Super Bowl odds for the 2023-2024 season and all of these odds are provided by DraftKings Sportsbook:
| Team | Current Odds | Opening Odds |
| Kansas City Chiefs | +600 | +600 |
| Philadelphia Eagles | +650 | +900 |
| Buffalo Bills | +900 | +700 |
Betting on the 2023-2024 Super Bowl
The table below will provide you with additional sportsbooks where you can find Super Bowl 58 odds. This is important because not all sportsbooks offer the same Super Bowl odds, so by shopping around, you can find the most value for your bet.
Different sportsbooks also offer different welcome offers, which are highlighted below. These offers can help you make your Super Bowl futures with the guarantee of earning back bonus bets or receiving bonus bets if your Super Bowl futures were to lose.
Super Bowl favorites for 2023-2024
Having already listed the Super Bowl favorites in our table above, below we have gone into further detail for each of these teams:
Kansas City Chiefs (+600)
The Kansas City Chiefs would probably be Super Bowl favorites even if they were not the defending Super Bowl champions. The Chiefs relatively have the same team with the best quarterback in the league under center. With an improving defense and a potent offense, the Chiefs could be the rare repeat Super Bowl winners.
Philadelphia Eagles (+650)
The Philadelphia Eagles were so close last season, as they lost the Kansas City Chiefs in Super Bowl 57. The Eagles only got better over the offseason, drafting rookies like Jalen Carter and Nolan Smith. With Jalen Hurts leading the offense, the Eagles are legit contenders.
Buffalo Bills (+900)
The Buffalo Bills seem to be one of the Super Bowl favorites every year now, but have not been able to get past the Kansas City Chiefs. This season, the Bills bring back their core group of players, and could be ready to take the next step with Josh Allen under center and their elite defense on the other side of the ball.
Super Bowl point spread history
The Super Bowl point spread is the most common way to bet on the Super Bowl betting odds. The point spread gives you a number of points that the favorite must win by, while the underdog must win or lose by less than that given number. The table below will outline some of the Super Bowl point spread history.
| Super Bowl | Game | Spread | Total | Score | Against the Spread Winner | Over/Under |
| LVII (2023) | Kansas City Chiefs vs. Philadelphia Eagles | Eagles -1.5 | 49.0 | KC 38-35 | Chiefs | Over |
| LVI (2022) | Los Angeles Rams vs. Cincinnati Bengals | Rams -4.5 | 48.5 | LAR 23-20 | Bengals | Under |
| LV (2021) | Kansas City Chiefs vs. Tampa Bay Buccaneers | Chiefs -3 | 56.0 | TB 31-9 | Buccaneers | Under |
| LIV (2020) | Kansas City Chiefs vs. San Francisco 49ers | Chiefs -1 | 54.5 | KC 31-20 | Chiefs | Under |
| LIII (2019) | New England Patriots vs. Los Angeles Rams | Patriots -2.5 | 57.5 | NE 13-3 | Patriots | Under |
| LII (2018) | New England Patriots vs. Philadelphia Eagles | Patriots -4 | 49.0 | PHI 41-33 | Eagles | Over |
| LI (2017) | New England Patriots vs. Atlanta Falcons | Patriots -3 | 57.0 | NE 34-28 | Patriots | Over |
| L (2016) | Carolina Panthers vs. Denver Broncos | Panthers -5 | 43.5 | DEN 24-10 | Broncos | Under |
| XLIX (2015) | Seattle Seahawks vs. New England Patriots | Pick ‘em | 47.5 | NE 28-24 | Patriots | Over |
| XLVIII (2014) | Seattle Seahawks vs. Denver Broncos | Broncos -2.5 | 47.5 | SEA 43-8 | Seahawks | Over |
Super Bowl Trends & Statistics
There are not a ton of trends when it comes to predicting the Super Bowl winner. Sometimes teams just get hot at the right time and go on to win, while the team that was a clear favorite, crashes and burns. One trend is that there has recently not been any back-to-back winners. In fact, over the past 10 years, no team has won the Super Bowl in consecutive seasons. Several teams have been close or they may have won multiple times over this stretch, but usually there is a gap year in between their wins. If this trend holds true, one team to consider avoiding would be the Kansas City Chiefs.
Teams with most Super Bowl wins
| Team | Super Bowl wins |
| Boston/New England Patriots Pittsburgh Steelers | 6 times |
| Dallas Cowboys San Francisco 49ers | 5 times |
| Green Bay Packers New York Giants | 4 times |
| Denver Broncos Oakland/Los Angeles/Las Vegas Raiders Washington Redskins/Football Team/Commanders Kansas City Chiefs | 3 times |
| St. Louis/Los Angeles Rams Miami Dolphins Baltimore/Indianapolis Colts Tampa Bay Buccaneers | 2 times |
| Philadelphia Eagles Seattle Seahawks Chicago Bears New Orleans Saints New York Jets | 1 win |
| Buffalo Bills Minnesota Vikings Cincinnati Bengals Atlanta Falcons Carolina Panthers San Diego/Los Angeles Chargers St. Louis/Phoenix/Arizona Cardinals Houston/Tennessee Oilers/Titans Cleveland Browns Detroit Lions Houston Texans Jacksonville Jaguars | 0 wins |
Past 10 Super Bowl winners
| Year | Team | Runners-up | Season record | Odds at beginning of season |
| 2022-2023 | Kansas City Chiefs | Philadelphia Eagles | 14-3 | +1020 |
| 2021-2022 | Los Angeles Rams | San Francisco 49ers | 12-5 | +1200 |
| 2020-2021 | Tampa Bay Buccaneers | Kansas City Chiefs | 11-5 | +1000 |
| 2019-2020 | Kansas City Chiefs | San Francisco 49ers | 12-4 | +600 |
| 2018-2019 | New England Patriots | Los Angeles Rams | 11-5 | +600 |
| 2017-2018 | Philadelphia Eagles | New England Patriots | 13-3 | +4000 |
| 2016-2017 | New England Patriots | Atlanta Falcons | 14-2 | +600 |
| 2015-2016 | Denver Broncos | Carolina Panthers | 12-4 | +900 |
| 2014-2015 | New England Patriots | Seattle Seahawks | 12-4 | +650 |
| 2013-2014 | Seattle Seahawks | Denver Broncos | 13-3 | +800 |
Given the table above, the current trend is that Super Bowl winner odds are usually below +1500 in the preseason. So, in terms of Super Bowl odds 2023-2024, bettors should look at the Super Bowl favorites instead of long-shot Super Bowl odds.
What happened in last year’s Super Bowl?
The Super Bowl 57 odds opened with the Kansas City Chiefs as a -2.5 favorite over the Philadelphia Eagles. However, the closing line for Super Bowl 57 had the Philadelphia Eagles as a -1.5 favorite over the Kansas City Chiefs pretty much across the board.
Unfortunately for those that bet on the Eagles, the Kansas City Chiefs ended up winning the game by a score of 38-35.
How do sportsbooks calculate Super Bowl betting odds?
The NFL Super Bowl odds can be decided by a number of factors. First and foremost, Super Bowl odds can be influenced by the previous season for each team. New players acquired during the offseason and players that were drafted can also play a major role in determining the Super Bowl odds for each team.
How to read Super Bowl betting odds
Reading the latest Super Bowl odds may seem difficult, but is really not. Below we will list some examples of different odds and how to read them:
- +600
In this example, +600 means that a $100 bet would win you $600.
- -110
If you were betting on the point spread and the odds were -110, that means a $110 bet would win you $100. Essentially, whatever number is behind a “–”, means that you must bet more to win less, while betting on odds with a “+” means you can bet less and win more.
How to calculate Super Bowl betting odds
Calculating Super Bowl odds purely comes down to math. The easiest way to calculate betting odds would be to plug the numbers into an odds calculator. This will give you your potential winnings based on the odds you enter. You can also calculate the implied probability by following the formulas below for American odds:
Favorites
- odds/(odds + 100) x 100
Underdogs
- 100/(odds +100) x 100
