Each year there are a handful of NFL teams viewed as the Super Bowl favorite at different times during the year. Who is the Super Bowl LV favorite in the eyes of sportsbook oddsmakers?
In tracking BetMGM Sportsbooks‘ odds, the Kansas City Chiefs have been the Super Bowl favorite dating back to winning last year’s championship.
Who is the Super Bowl Favorite?
January 19, 2021 – With just four teams remaining in the NFL playoffs and only two games left to decide who will play in Super Bowl LV, the Chiefs (+210) have some new competition as the Super Bowl favorite.
The Green Bay Packers (+210) have entered the mix on even-footing, odds wise, with the Chiefs as the Super Bowl favorite.
New to the world of sports betting and Super Bowl odds? Odds of +210 represent a 32.26 percent chance of winning the Super Bowl, or 21/10 fractional odds. A $100 wager on the Packers or Chiefs at +210 would profit $210 with a Super Bowl victory.
Bet on the NFL legally online!
Place your legal, online football bets in CO, IA, IN, NJ, PA, TN and WV at BetMGM Sportsbook. New customer offer: Risk-free first bet! Terms and conditions apply. Bet now.
Michigan residents, BetMGM is coming to your state soon! Register now to secure early promotions!
September 29, 2020 – The 3-0 Chiefs remain in the pole position as the team to beat in the NFL, per the oddsmakers at BetMGM sportsbook.
The Chiefs odds sit at +450 to repeat as Super Bowl Champions.
September 15, 2020 – The Ravens (1-0) remain tied with the Chiefs (1-0) at the top of the shortest-odds list, both sitting at +550 after a week of NFL action.
August 4, 2020 – With the NFL season a little more than a month away, the Chiefs and Ravens lead the pack of NFL hopefuls. Both teams odds sit at +650 as most likely to win Super Bowl LV in February, 2021.
The San Francisco 49ers (+800), New Orleans Saints (+1200) and Tampa Bay Buccaneers (+1400) round out the top five entering the 2020 NFL season.
Also see:
April 30, 2020 – With the NFL Draft completed, the Chiefs (+600) remain the Super Bowl LV favorite.
While they remain as the NFL team with the shortest odds, teams like the Ravens (+750) and 49ers (+900) are nipping at their cleats.
February 3, 2020 – Fresh off winning Super Bowl LIV, the Kansas City Chiefs entered the offseason as the team to beat in Super Bowl LV, too.
The initial odds from BetMGM Sportsbook have the Chiefs at +650 odds to go back-to-back winners.
The other early favorites are the Baltimore Ravens (+700), San Francisco 49ers (+900), New Orleans Saints (+1200), New England Patriots (+1400), Green Bay Packers (+1800), Philadelphia Eagles (+1800), Pittsburgh Steelers (+1800), Seattle Seahawks (+1900) and Dallas Cowboys (+2000).
Follow SportsbookWire on Twitter and like us on Facebook.
Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.