Super Bowl Odds 2023: Eagles Betting Favorites

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Super Bowl 2023 has been decided.  Kansas City Chiefs (+105) of the AFC and face the Philadelphia Eagles (-125) of the NFC in Arizona at State Farm Stadium on Feb. 12, 2023. The Chiefs and Eagles have been overall favorites to win the Super Bowl for the majority of the season and rightfully so with both holding identical 14-3 winning records.

Current Super Bowl Odds 2023 – NFL Futures

Let’s review the Vegas odds for Super Bowl 2023 favorites from the top online sportsbooks in the US.

On Mobile? Swipe Left.
 
+4000 -125 -125 -125 -122 -122 -120
+900 +105 +105 +105 +108 +104 +100

Odds are automatically updated 1 time per day.

Best Super Bowl Sportsbook Promos

Thousands of bettors across the US already placed bets on the current Super Bowl odds and as the season progresses, bettors can keep tabs on weekly NFL odds via our NFL odds tracker. Doing so can help bettors maximize their win potential.

If you’re in one of the many US states with legal online sports betting, you have access to tons of welcome offers. These give players deposit-match bonuses, free bets, bonus bets, and risk-free betting:

Online SportsbookPromo Code (Click to Claim)States Operating
DraftKings Promo Code:Deposit $5, Get $50 Free + 20% deposit match up to $1,000 + Bet $5, Get $200AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, OH, PA, TN, VA, WV & WY
BetMGM Promo Code:First Bet offer up to $1,000 with bonus code PLAYSPORTS --Not valid in NY and MSAZ, CO, DC, IL, IN, IA, KS, LA, MD, MI, MS, NJ, OH, NV, NY, PA, TN, VA, WV & WY
Caesars Promo Code:Up to $1,250 on Caesars + 1000 Tier Credits + 1000 Reward Credits with promo code: SBBONUSFULLAZ, CO, IN, IA, IL, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA & WV
BetRivers Promo Code:2nd chance bet up to $500 with bonus code BONUSPLAY and FREEBONUS in NJ (2nd chance bet up to $100 in NY)AZ, CO, IL, IN, IA, LA, MD, MI, OH, NJ, NY, PA, VA & WV

FanDuel Promo Code:Sign up for a No Sweat First Bet up to $3,000AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA, WV & WY
PointsBet Promo Code:Two second chance free bets up to $2,000 total with bonus code 2000BETCO, IL, IN, IA, KS, LA, MD, MI, NJ, NY, OH, PA, VA & WV

While online sportsbooks have tons of winning opportunities during the regular season as well as throughout the NFL Playoffs, Super Bowl odds will bring in the most betting action and promotions so far this year, guaranteed.

Super Bowl Playoff Picture

And then there were four. After eight teams clashed in the Divisional round of the NFL Playoffs, we have our final four left standing with the hopes of hoisting the Vince Lombardi Trophy and winning Super Bowl LVII in Arizona.

The Philidelphia Eagles and Kansas City Chiefs secured the No. 1 seeds and first-round byes in their respective conferences. They were able to secure victories and will host the Conference Championship games in their home stadiums. But the Cincinnati Bengals and the San Francisco 49ers have their eyes on a Super Bowl title as well.

According to most sportsbooks, both games are expected to go down to the wire. Both opening lines were below three points. Max Meyer of Caesars Sportsbook says the last time the NFC title game spread was that low was in 2012; for the AFC, it goes back to 1998. Let’s take a look at this weekend’s Conference Championship matchups.

NFC Championship Game – (NFC #2) San Francisco 49ers @ (NFC #1) Philidelphia Eagles

Date: Sunday, Jan. 29, 2023
Time: 3:00 p.m. ET / Noon PT
Location: Lincoln Financial Field — Philadelphia, PA
TV Coverage: FOX

It was around mid-November when it became clear that these were the two best teams in the NFC. However, they got to this point in two very different ways.

The Eagles began the season as a juggernaut, winning their first eight games and finishing the season with a record of 14-3. Their QB Jalen Hurts got hurt late in the year and has come back looking every bit as good as he did before the injury.

Meanwhile, the 49ers are on their 3rd string starting QB. Thank goodness for that. Since Brock Purdy was named the signal caller, the 49ers have the #1 offense in the NFL. The last pick in the 2022 NFL Draft, also known as “Mr. Irrelavent” is pretty “relevant” now.

The NFL’s QB youth movement will be on full display during the NFC Championship Game. Hurts (24) and Purdy (23) will be a combined 47 years and 208 days old at kickoff on Sunday. It will be the youngest combined age of any two QBs in a Conference Championship game in NFL history.

As of Wednesday, the Eagles are a -2.5 favorite. We could be in for an instant classic.

AFC Championship Game – (AFC #3) Cinncinati Bengals @ (AFC #1) Kansas City Chiefs

Date: Sunday, Jan. 29, 2023
Time: 6:30 p.m. ET / 3:30 p.m. PT
Location: GEHA Field at Arrowhead Stadium — Kansas City, MO
TV Coverage: CBS

This is the definition of a pick ’em game. The sportsbooks can’t figure this one out. The spread has been moving all over the place since this past Sunday night. The Chiefs opened as a 1.5-point favorite, but the line flipped Monday afternoon to the Bengals being favored. Now as of Thursday morning, some books have this as a pick ’em, while others have made the Chiefs a -1 favorite.

Mahomes is 8-3 in the playoffs and has never been an underdog in his postseason career. But Bengals quarterback Joe Burrow may have his number. Burrow is 3-0 in his NFL career against Mahomes and the Chiefs.

Kansas City will have the home-field advantage on their side. However, that didn’t matter in last year’s AFC Championship game when the Bengals won at Arrowhead. Also, Mahomes is dealing with an ankle injury this time around.

Mahomes plans on playing and if he suits up, Kansas City always has a shot. But the same can be said about Burrow. This could be a legacy game and help determine who is currently the best QB in the NFL.

Super Bowl 2023 Betting Picks

Super Bowl odds will change throughout the playoffs. Be sure to check continually for updates as well as use our automated chart to track the changes in 7, 14, and 21-day intervals. The NFL futures odds are updated daily.

The consensus favorite – Philidelphia Eagles: From +4000 to -125

After a beat down of their rivals the New York Giants, the Philidelphia Eagles are now the consensus favorite to win the Super Bowl. You could say that of the remaining four teams, Philly has the most advantages heading into Conference Championship weekend. They had the 1st-round bye, they will be playing at home and they will be taking on the most inexperienced QB remaining in the field. That rabid Philly fanbase is itching for another shot at a Super Bowl title, and it could come this year.

Our favorite – Cinncinati Bengals: From +2200 to

This may come as a surprise, but I think that the Cincinnati Bengals are the best overall team remaining in the playoffs. They have great players on all three levels of their defense, and their talent on offense goes without saying. Not to mention that they are the reigning AFC Conference champions. This team still has that bitter taste of that Super Bowl LVI loss to the Rams in their mouths. And with Patrick Mahomes hobbled, this could be Cinncinati’s year to claim the franchise’s first Vince Lombardi Trophy.

Long-Shot – San Francisco 49ers: From +1600 to

Calling the San Francisco 49ers a long-shot Super Bowl pick right now seems a bit crazy. However, they currently have the longest odds of winning it all. Their odds aren’t that far off from the other teams, so seeing San Fran make it to The Big Game wouldn’t be a big surprise.

Super Bowl MVP Odds 2023

The favorites for Super Bowl MVP odds are Jalen Hurts (+290), Patrick Mahomes (+330) and Joe Burrow (+330).

PlayerFanDuel SportsbookDraftKings SportsbookBetMGM SportsbookCaesars Sportsbook
Jalen Hurts+290+300+350+350
Patrick Mahomes+330+350+325+350
Joe Burrow+330+350+350+330
Brock Purdy+650+650+650+750
Christian McCaffrey+1700+1500+1400+1500

Odds listed for four of the top sportsbooks as of Jan. 25, 2023.

What a difference a game makes. The questions surrounding the health of Jalen Hurts have appeared to be answered. He looked like his MVP-caliber self in the Eagles’ win over the Giants in the Divisional round. Philly is now the betting favorite to win the Super Bowl and Hurts has vaulted into the top position to be named Super Bowl MVP across some sportsbooks.

Now the questions about QB health are focused on Patrick Mahomes and the Kansas City Chiefs. Mahomes suffered a high ankle sprain during the Chiefs’ Divisional round win over the Jaguars. He was able to gut it out and finish the game. However, he was clearly hobbled. It is unclear how big a factor the injury will play in the AFC Championship Game, but the Chiefs’ Super Bowl hopes could be in jeopardy. He is still considered the favorite to win Super Bowl MVP on BetMGM Sportsbook at +325.

The biggest Super Bowl MVP odds movement among the Top 3 comes from Cincinnati Bengals QB Joe Burrow. He and the Bengals dominated the Bills on the road in the Divisional round. His odds were originally impacted due to the fact that sportsbooks had projected Buffalo to beat Cincinnati. But Burrow and the Bengals had something to say about that. The Bengals could very well find themselves in the Super Bowl for the second straight year. If that happens, expect Burrow to jump to the top of the Super Bowl MVP odds list.

Super Bowl Odds 2023 Weekly Movement

Curious to know how teams have been performing week over week? We’ve compiled the weekly average line odds from all sportsbooks to give a clear indication of each NFL teams’ movement on Super Bowl futures.

Super Bowl Week Conference Championships Divisional Round Wild Card Week 18 Week 17 Week 16 Week 15 Week 14 Week 13 Week 12 Week 11 Week 10 Week 9 Week 8 Week 7 Week 6 Week 5 Week 4 Week 3 Week 2 Week 1
PHI Eagles
-128 +295 +521 +525 +542 +473 +414 +429 +517 +646 +592 +517 +500 +508 +500 +629 +693 +771 +893 +1457 +1771 +2233
KC Chiefs
+109 +241 +315 +338 +443 +483 +496 +455 +443 +417 +471 +483 +583 +658 +700 +693 +686 +779 +771 +664 +764 +1000
CIN Bengals
+274 +262 +775 +775 +808 +758 +808 +1050 +1350 +1767 +2600 +2900 +2500 +2217 +2183 +2457 +2314 +2143 +2557 +3100 +2443 +2067
BUF Bills
+309 +309 +359 +415 +372 +354 +343 +363 +395 +445 +377 +361 +273 +247 +278 +294 +373 +414 +496 +471 +507 +592
DAL Cowboys
+883 +790 +1467 +1217 +1050 +983 +1033 +817 +767 +867 +950 +1417 +1400 +1500 +1850 +1829 +1871 +2414 +4071 +3929 +2086 +2067
LA Chargers
+2250 +2250 +2250 +2200 +2383 +2750 +2317 +6517 +5317 +3900 +3733 +3483 +2850 +2950 +2400 +2043 +1971 +2000 +1814 +1500 +1229 +1400
TB Buccaneers
+2633 +2633 +2750 +2750 +2217 +3317 +3067 +2383 +2317 +2133 +1750 +1667 +1967 +2283 +1550 +1114 +1021 +979 +857 +700 +750 +767
NY Giants
+2667 +2667 +2867 +5767 +6200 +8933 +14667 +15250 +12500 +13167 +7433 +6167 +6633 +6300 +3833 +4686 +6957 +9857 +5957 +5629 +9357 +11500
GB Packers
+2867 +2867 +2867 +2867 +3117 +5767 +22667 +25000 +20333 +15000 +11333 +10083 +10167 +3900 +2750 +1943 +1371 +929 +943 +1371 +1414 +1133
JAX Jaguars
+3317 +3317 +2567 +4350 +4600 +4967 +8100 +18333 +32167 +13833 +19750 +16000 +11250 +13833 +10000 +6586 +6157 +5400 +5929 +8714 +13857 +12917
MIN Vikings
+3500 +3500 +3500 +3000 +2417 +2233 +2383 +2050 +1550 +1583 +1500 +1233 +1483 +1500 +1517 +1543 +1857 +2000 +2243 +1986 +2500 +3667
SF 49ers
+4833 +438 +429 +550 +533 +617 +708 +925 +792 +654 +817 +1033 +1167 +1267 +1433 +1657 +1357 +2214 +1957 +1943 +2186 +1633
BAL Ravens
+5450 +5450 +5450 +3533 +2550 +2483 +2583 +1950 +1933 +1650 +1250 +1283 +1517 +1500 +1683 +1829 +1600 +1543 +1443 +1771 +1686 +1867
MIA Dolphins
+8500 +8500 +8500 +5333 +6267 +4067 +3300 +1800 +1633 +1467 +1617 +1567 +2133 +2967 +3767 +3771 +3171 +2129 +1557 +2229 +2943 +3917
SEA Seahawks
+10640 +10640 +10640 +11333 +12833 +18750 +11083 +6450 +5517 +5683 +4917 +4750 +4100 +6450 +9500 +23857 +42857 +32571 +35857 +27000 +24286 +18333
DET Lions
+11600 +11600 +11600 +11600 +9417 +11667 +5500 +11433 +18000 +27833 +20833 +41500 +42833 +47500 +30167 +20429 +20429 +13714 +10786 +9571 +14429 +12083
NE Patriots
+14583 +14583 +14583 +14583 +12833 +21083 +13500 +12917 +12917 +9250 +5433 +5833 +5333 +6367 +5333 +5514 +7043 +9714 +7043 +5371 +6400 +4167
TEN Titans
+15417 +15417 +15417 +15417 +12833 +14500 +5867 +4283 +3417 +3117 +2517 +3233 +4567 +3983 +4517 +5086 +4857 +5043 +6229 +4586 +4486 +3833
CAR Panthers
+19917 +19917 +19917 +19917 +19917 +14833 +27333 +25833 +41333 +33500 +68333 +49167 +80833 +57500 +41833 +63143 +37857 +18000 +14286 +19857 +15000 +11333
WAS Commanders
+22583 +22583 +22583 +22583 +22583 +14583 +7167 +8833 +8583 +8667 +9333 +26750 +24583 +18000 +20000 +37000 +36286 +22286 +13643 +7729 +6329 +7917
NY Jets
+25667 +25667 +25667 +25667 +25667 +39583 +14167 +10000 +9583 +7433 +8433 +6000 +6517 +12417 +7167 +8071 +15429 +24000 +24571 +16143 +20857 +14250
PIT Steelers
+26333 +26333 +26333 +26333 +58333 +51667 +51667 +58333 +28167 +70833 +65000 +67500 +80833 +67500 +20333 +23143 +27571 +15786 +11500 +7729 +5686 +8000
CLE Browns
+39000 +39000 +39000 +39000 +39000 +39000 +27333 +19667 +13750 +15917 +18417 +11417 +8667 +11000 +10583 +7786 +6014 +5586 +4629 +5214 +3386 +3917
NO Saints
+47000 +47000 +47000 +47000 +47000 +22583 +34833 +51667 +23833 +18000 +15083 +17083 +8083 +8350 +12000 +6486 +5857 +7443 +5443 +3957 +3386 +3883
ATL Falcons
+70000 +70000 +70000 +70000 +70000 +70000 +54167 +40667 +26000 +18417 +13750 +16000 +13250 +10667 +15833 +16429 +26857 +22286 +30857 +40000 +27857 +24167
IND Colts
+112483 +112483 +112483 +112483 +112483 +112483 +183333 +100000 +50500 +25000 +19333 +24000 +31083 +14583 +6867 +4586 +4729 +5114 +3214 +3786 +2771 +2283
LA Rams
+112500 +112500 +112500 +112500 +112500 +112500 +108333 +90833 +54000 +28083 +17667 +8500 +4733 +3250 +2367 +2114 +1943 +1357 +1329 +1386 +1414 +1117
LV Raiders
+120000 +120000 +120000 +120000 +120000 +108333 +33833 +36167 +15417 +21750 +24667 +22667 +13000 +8417 +5600 +6886 +5214 +5329 +7786 +5257 +4700 +3500
ARI Cardinals
+130000 +130000 +130000 +130000 +130000 +130000 +130000 +65833 +58333 +29833 +15000 +13750 +13500 +8683 +8017 +11071 +7514 +5871 +5514 +4286 +4571 +3583
CHI Bears
+133333 +133333 +133333 +133333 +133333 +133333 +133333 +133333 +133333 +133333 +91667 +80833 +60833 +49167 +79167 +61429 +42857 +26000 +17857 +12571 +11857 +14500
DEN Broncos
+200000 +200000 +200000 +200000 +200000 +200000 +200000 +200000 +183333 +85000 +31167 +16833 +12583 +11000 +10083 +5443 +5071 +2671 +2329 +2257 +1786 +1717
HOU Texans
+258333 +258333 +258333 +258333 +258333 +258333 +258333 +258333 +258333 +258333 +141667 +116667 +100000 +100000 +87500 +58429 +66714 +68571 +46571 +28714 +22857 +30833

Latest Super Bowl Odds News

  • The Eagles and Chiefs will compete in Super Bowl LVII on Feb. 12, 2023 in Glendale, Arizona
  • 49ers, Bengals were eliminated from conference championship games
  • Brock Purdy suffered an elbow injury in the 1st quarter of the NFC conference championship game against the Eagles
  • Patrick Mahomes suffered a high ankle sprain in the Chiefs’ divisional round matchup again the Jaguars.
  • Buffalo Bills, Dallas Cowboys, New York Giants, Jacksonville Jaguars were eliminated from the divisional round matchups
  • The Seattle Seahawks, L.A. Chargers, Miami Dolphins, Minnesota Vikings, Baltimore Ravens, and Tampa Bay Buccaneers were eliminated the wild card matchups
  • Chiefs clinched the AFC top seed and the Eagles clinched the NFC top seed.
  • Dolphins, Jaguars, and Jaguars are the final teams to clinch a playoff spot
  • Buccaneers and Giants have clinched playoff berths while the Commanders, Jets, Panthers, and Saints have been eliminated from the playoffs.
  • Bills, Chiefs, Eagles, Vikings, 49ers, and Cowboys have clinched playoff berths. Broncos, Texans, Bears, Cardinals, and Rams have been mathematically eliminated.

Why These Teams Are Super Bowl Odds Favorites

The NFL Super Bowl Odds come down between the Philadelphia Eagles (-125) and Kansas City Chiefs (+105)

Let’s look a little deeper at why these teams are leading the Super Bo.wl 2023 odds futures by looking at their team stats in key categories on offense and defense.

NFL Offense Stats

TeamTotal YDS/G RankTotal YDS/GPassing YDS/G RankPassing YDS/GRushing YDS/G Rank Rushing YDS/GPTS/G RankPTS/G
Philadelphia Eagles (-125)3384.212230.24153.9128.7
Kansas City Chiefs (+105)1407.91294.521113.5128.7

NFL Defense Stats

TeamLeast Total YDS/G RankLeast Total YDS/GLeast Passing YDS/G RankLeast Passing YDS/GLeast Rushing YDS/G Rank Least Rushing YDS/GLeast PTS/G RankLeast PTS/G
Philadelphia Eagles (-125)1290.31171.015119.3618.8
Kansas City Chiefs (+105)10328.319221.08107.31521.5

Where Can I Bet On The Super Bowl Online?

If you want to bet on the Super Bowl online, you must be located in one of the states that permit legal online sports betting. Here is where each of the best online sportsbooks are available:

  • DraftKings Sportsbook in AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, OH, PA, TN, VA, WV & WY.
  • BetMGM Sportsbook in AZ, CO, DC, IL, IN, IA, KS, LA, MD, MI, MS, NJ, OH, NV, NY, PA, TN, VA, WV & WY.
  • Caesars Sportsbook in AZ, CO, IN, IA, IL, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA & WV.
  • FanDuel Sportsbook in AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA, WV & WY.

The list of states with legal online sports betting is growing at an incredible rate. Each state with licensed sportsbooks already has live sports betting apps ready to take Super Bowl bets. Most also have retail sportsbooks for in-person betting at partnering casinos and sports stadiums.

States like New Jersey, Nevada, and Pennsylvania set the stage for online Super Bowl Betting early on. States like Colorado, Illinois, Indiana, Iowa, Tennessee, and West Virginia all launched online sports betting as well, plus Washington, D.C., which offers a handful of options within blocks of its major sports arenas.

Some of the more recent states to add online sports betting include New York, which started 2022 off right by launching four apps on January 8. Other recently legal states include Michigan, Virginia, Connecticut, and Arizona. Betting on the Super Bowl online in Louisiana arrived in late January 2022. Plus, Maryland and Ohio will likely launch sometime in 2022 as well; however, after the 2022 Super Bowl is behind us.

Each state has different sportsbooks that are legally allowed to operate in its jurisdiction. But many of the top options are available in almost every state with legal online sports betting:

Learn more in our Guide To Placing A Sports Bet Online.

How To Choose The Best Sportsbook For Super Bowl Betting

Many fans would be keen to use risk-free bet offers for a free shot at the Super Bowl winner at advantageous odds.

For instance, if you bet on the Rams to win the Super Bowl last year at +1600, you would’ve cashed in big. Those are extremely strong odds and give a $500 bet the chance to turn into $8,000.

It is important to differentiate which sportsbooks have the best odds. Sharps typically have multiple sportsbooks that they are registered with. They will flip between the sports betting apps to make a decision that is the most profitable.

For example, if PointsBet had the Buccaneers at +2900, but BetMGM had the odds at +2600, the seemingly small difference in odds is worth $1,500 on this particular bet. 

Each sportsbook is different based on the available odds. Some charge a higher vig and some odds change because big amounts of money are being thrown around. If large wagers are placed on the Chiefs to win the Super Bowl, their odds will begin to change so the books can adjust to the amount of liability. 

Sportsbook by State

For sports fans in legal sports betting states there can be special bonus offers or unique sportsbooks depending on where you’re located. Be sure to check out our sports betting state pages to get the best offer for you Super Bowl bet.

StateBest Sportsbooks
ArizonaDraftKings, Caesars, BetMGM, BetRivers, FanDuel, Unibet
ColoradoDraftKings, Caesars, BetMGM, BetRivers, FanDuel, PointsBet, Sports Illustrated
ConnecticutFanDuel, SugarHouse Sportsbook
IllinoisDraftKings, Caesars, BetMGM, BetRivers, FanDuel
IndianaDraftKings, Caesars, BetMGM, BetRivers, FanDuel, PointsBet, Unibet
IowaDraftKings, Caesars, BetMGM, BetRivers, FanDuel, PointsBet
KansasDraftKings, Caesars, BetMGM, FanDuel, PointsBet,
LouisianaDraftKings, Caesars, BetMGM, BetRivers, PointsBet, FanDuel
MarylandDraftKings, Caesars, BetMGM, FanDuel, PointsBet, BetRivers
MichiganDraftKings, Caesars, BetMGM, BetRivers, FanDuel, PointsBet, Sports Illustrated
New JerseyDraftKings, Caesars, BetMGM, BetRivers, FanDuel, Unibet, PointsBet, bet365
New YorkCaesars, FanDuel, BetMGM, BetRivers, DraftKings
PennsylvaniaDraftKings, Caesars, BetMGM, BetRivers, FOX Bet , Unibet, PointsBet, FanDuel
TennesseeDraftKings, Caesars, BetMGM, FanDuel
VirginiaDraftKings, Caesars, BetMGM, BetRivers, FanDuel, PointsBet, Unibet, Sports Illustrated
WyomingDraftKings, BetMGM, FanDuel

Types Of Super Bowl Bets Available All Season

The best online sportsbooks listed above offer all or most of these lines all season long. Here are the types of Super Bowl bets you can place pretty much anytime other than now that the matchup is determined:

  • Outright Winner: The simplest bet has players wagering on the team that wins the Championship. And, given the current Super Bowl odds, any winning bet would pay out a huge ROI (between +500 to > +10,000).
  • Correct Matchup: Bet on the odds of two teams facing each other in Super Bowl 2023.
  • Exact Outcome: Bet on the odds of two teams facing each other and which team will win, which has the biggest win potential of all the Super Bowl odds in Vegas.
  • Winning Conference: A comparatively lower payout but higher likelihood of winning makes betting on the winning NFL Conference (AFC or NFC) a solid, low-risk wager.

This is not a definitive list. For example, the Super Bowl bets at Caesars Sportsbook include the team to finish second, third, and fourth for the year. At BetMGM Sportsbook, you can bet on the state the winning team is based. The possibilities are endless when it comes to sports betting in general, but even more so when it’s the Super Bowl.

How To Bet For Free On NFL 2023 Super Bowl Odds

You can take advantage of Super Bowl 2023 betting promotions right now and any time leading up to the big game. Use these offers to take advantage of the current Vegas odds that appeal to you:

Online SportsbookPromo CodeStates Operating
DraftKings Super Bowl Promo:Deposit $5, Get $50 Free + 20% deposit match up to $1,000AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NH, NJ, NY, OH, PA, TN, VA, WV & WY
BetMGM Super Bowl Promo:Bonus bet up to $1,000 with bonus code PLAYSPORTSAZ, CO, DC, IL, IN, IA, KS, LA, MD, MI, MS, NJ, OH, NV, NY, PA, TN, VA, WV & WY (bonus bet not available in NY)
Caesars Super Bowl Promo:Up to $1,250 on Caesars + 1000 Tier Credits + 1000 Reward Credits® with promo code: SBBONUSFULLAZ, CO, IN, IA, IL, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA & WV
FanDuel Super Bowl Promo:No Sweat First Bet up to $3,000 back in Bonus Bets - Click to Claim AZ, CO, CT, IL, IN, IA, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA, WV & WY

$50 Free Bet From DraftKings Sportsbook

The DraftKings Sportsbook promo gets new signups $50 free with a $5+ deposit, plus a 20% deposit-match bonus up to $1,000. Click to claim this promo.

If you go for the $5 minimum, you essentially get 10x your deposit amount as a free bet. Terms and conditions apply, but you can use the free bet on any NFL, NBA, college basketball, NHL, or soccer wager, or whatever sport you like. Either way, you’re coming out ahead when you sign up at DraftKings Sportsbook.

BetMGM Bonus Code: PLAYSPORTS First bet get up to $1,000 back

If you haven’t already joined, the BetMGM bonus code is PLAYSPORTS for a first bet up to $1,000 paid back in Bonus Bets (if you don’t win). A lost wager is refunded in bonus bets, each equal to 20% of the lost wager. A won bet is immediately available for cashout. Other terms and conditions apply. Click to claim the BetMGM bonus code: PLAYSPORTS. Offer not available in NY.

First Bet Is On Caesars Up To $1,250 With Promo Code: SBBONUSFULL

The Caesars Sportsbook promo code is SBBONUSFULL for first bet insurance up to $1,250.  If your first bet loses, you receive a free bet credit in the amount of your wager. Click to lock in the deal.

New Customers get up to a $3,000 No Sweat First Bet From FanDuel Sportsbook

FanDuel runs a special promotion for the Super Bowl that is even better than its traditional welcome offer. Simply make your first wager of $5 or more, and get up to a $3,000 No Sweat First Bet Back in Bonus Bets if your bet loses. You simply can’t find better player-friendly terms. The first bet can be on any market (so not just the NFL), at any odds. Your bonus bets will be in your account within 72 hours of placing that bet. You don’t get to withdraw your bonus bets, but you simply play them through once, and if your wagers win, they become withdrawable.  Click to claim the FanDuel promo code.

How To Place Online Super Bowl Bets

When bettors want to wager on the Super Bowl they must first sign up for a sportsbook. It is important to take advantage of promotions that they may have going. Refer to Bonus.com’s Sportsbook Reviews to get the exclusive promotional codes and find the sportsbook right for you. Then, follow these steps: 

  • Step 1: Use our Online Sports Betting Guide to find the right sportsbook for you and to take advantage of the best promotions.
  • Step 2: Choose your sportsbook and download the app. 
  • Step 3: Go to the sign-up page and register for your account.
  • Step 4: Enter your first and last name as well as your email address and last four 4 of your social security number. 
  • Step 5: Deposit money using the promo code found in the review.
  • Step 6: Tap on Sports > NFL> NFL Futures> Super Bowl Odds> Place bet. 
  • Step 7: Once your team wins the Super Bowl, sign in to your account options, tap withdrawal, and enjoy your payday! 

Where Can I Bet On The Super Bowl In Vegas?

Vegas is known for its wide array of casinos and resorts that get herds of visitors from across the country. The plethora of options on the Vegas Strip will make the fan experience even more fun whether you are betting on live events already in progress or before gameplay. Going to Las Vegas sportsbooks to place Super Bowl bets is very common.

MGM Grand, Caesar’s Palace, and Golden Nugget are very popular Las Vegas casinos. The Westgate SuperBook, Caesars Palace, Wynn, South Point, Venetian, and many other Las Vegas casinos host sportsbooks. All of these venues offer numerous ways to bet on the NFL.

Nevada has an excellent assortment of online sportsbooks that can take bets anytime as long as you are within state lines. The best recommendation is to check here to find the best sportsbook for you!

How Are Super Bowl Betting Odds Calculated?

Bettors that understand how odds are broken down and calculated can make more educated bets. There are so many different factors that play into the Super Bowl favorites. More often than not, the best teams are going given the best odds. But this is not always the case.

Before the 2020-21 season, bookmakers placed the Chiefs and Ravens as the Super Bowl favorites, with both teams at around +600 odds. The books based Baltimore’s odds on the Ravens’ strong 14-2 regular season from the previous year, after which the Ravens were knocked out of the playoffs by the Tennessee Titans.

Other factors will include the difficulty of their regular season schedule, additions to the roster from the previous year, and of course, the overall talent on the roster. When the Chiefs won the Super Bowl in February of 2020, they were +600 before the start of the season.

If you sign up for BetMGM with promo code PLAYSPORTS, you are given up to a $1,000 bonus bet if your first bet loses. So, if you place a bet on the Chiefs your $1,000 bet would profit $4,750 if Kansas City won the Super Bowl. 

Just days after Kansas City’s Super Bowl LV loss, DraftKings Sportsbook set the Chiefs as the favorite to win Super Bowl 56. Despite the lopsided loss to the Bucs, the Chiefs clearly still held status as the league’s most respected team according to the sportsbooks. That’s something to keep in mind post-Super Bowl 56.

For more resources, check out our NFL Odds Calculator and Sports Betting Edge Table

Different Types Of Super Bowl Bets

Moneyline

Also known as a “straight bet” a Moneyline bet just chooses the winner of the game. When betting on the Moneyline, the odds are usually not exact. Typically there are favorites and underdogs. When the Chiefs and Buccaneers matched up for the Super Bowl, the Chiefs were around -171 and the Buccaneers +147. 

When comparing NFL odds, a plus symbol means that the option is an underdog. The minus symbol means the option is a favorite to win. Moneyline betting odds with a “+” notation are relatively simple to calculate. The +147 line on the Buccaneers, for example, means a $100 wager would net $147 in profit. In other words, the $100 bet would return a total of $247 (the $147 in profit and the original $100 bet).

Point Spreads

Points spread bets or “handicap bets” are when sportsbooks put teams against a number that they must win or lose by. For the Chiefs, they were -3.5 against the Buccaneers at some sportsbooks during Super Bowl LV. Had they won by three points and you bet on -3.5, the bet would lose. Conversely, if the Buccaneers lost by three and you had +3.5, your bet would win. 

Over/Under (Totals)

Betting on an Over/Under or total points bet means you are not betting on any team. If you bet over you are betting on the combined number of points between the two teams.

Bookmakers set a number, and bettors need to decide whether the game will go over or under that number. For Super Bowl LV, bookmakers set the Over/Under at 55.5, and the final combined score of 31-9 (40 total points) paid off bets on the under.

Parlays

When placing a parlay bet, you are betting on two or more things to happen. To get paid on your bet, all of the outcomes must occur in a given parlay. If you parlayed the Buccaneers to win with Under 55.5 your bet won. Conversely, if you bet Chiefs to win and Under 55.5 your bet lost, as the Chiefs losing made the parlay a losing ticket.

What Is An NFL Futures Bet?

The futures market in sports betting is a huge part of the industry. The possible bet types range from championship winners to divisional winners, and even MVP candidates. 

For instance, DraftKings Sportsbook releases odds during the playoffs of the year before the start of taking bets. Futures bets on the Super Bowl LVI champion opened with Kansas City (+550), Tampa Bay (+900), and Buffalo (+1200) among the favorites.

Super Bowl Prop Bets

Prop bets are becoming more popular in the sports betting world. And there is no more popular betting event than the Super Bowl. Super Bowl prop bets go hand-in-hand because of the creativity involved and the added excitement for a much-hyped game.

A prop bet is a bet on an occurrence or non-occurrence of an event happening in a game, match, or season. 

Past Super Bowl Prop Bets

The Westgate Las Vegas, an oddsmaker, started getting creative with prop bets on the Super Bowl. Now, every sportsbook puts out Super Bowl prop bets. Even websites like CBS Sports, which does not cover gambling regularly, cover Super Bowl prop bets. 

One popular prop bet for the Super Bowl is how long it will take the singer to complete the National Anthem. Leading up to Super Bowl LIV, singer Demi Lovato sang the National Anthem for the Conor McGregor vs Floyd Mayweather fight in 2018. She clocked in at well over 2 minutes for that performance.

The expectation would be that she would do the same at the Super Bowl. Shockingly, Demi Lovato went under 2 minutes at +180 for the performance. This bet is offered every year and will assuredly be offered this year too.

NFL Season-Long Prop Bets

In addition to Super Bowl prop bets, many sportsbooks offer season-long NFL prop bets. These can be bets on a particular team or a particular player’s performances and stats over a season. In football, many of these  NFL prop bets revolve around injuries.

For example, if at the start of last season, you bet on Dak Prescott to lead the league in passing yards, you were out of luck. He suffered a season-ending compound ankle fracture in Week 5 of 2020.

It is impossible to bet on who will or won’t get injured. However, it is best to grab a player who is rarely injured that you believe in. Avoid players who are often injured or have soft tissue injuries regularly.

Strategies For Super Bowl Betting

Alternate Lines

Using Alternate Lines can be extremely profitable when it comes to sports betting. When a line comes out from the sportsbook, it can move in many different directions. If you like the Super Bowl line at the beginning of the week, it could be wise to jump on it early with an alternate spread to increase profitability.

Fade The Public?

Super Bowl lines move all over the place because it is one of the most bet on sporting events of the year. Fading the public is a betting strategy that goes with the initial betting line that oddsmakers put out. The idea is to not follow where the public is betting and to always stick with the professionals.  

What Is Middling In Sports Betting?

A betting strategy that most casual bettors would not know, Middling is a strategy that mandates multiple wagers on a game. It is not perfect but it can be quite effective. The best way to explain middling is with an example. 

  • You place a bet on the  New York Giants  at -4 vs the Dallas Cowboys
  • *The line moves to Giants -7*
  • You then place a second wager on the Cowboys +7. 
  • It is called middling because the bettor wants the best of both outcomes. They want the Cowboys to lose by less than 7 and the Giants to win by more than 4. 

This will limit your financial risk and allow you to win in multiple different ways.

Super Bowl Odds 2023 FAQ

Super Bowl 2023 favorites are the Philadelphia Eagles (-125) and Kansas City Chiefs (+105).

Yes, in states with legalized sports betting. Currently, almost two dozen US states allow legal sports betting, with more than a dozen of those states offering legal online sports betting. States that offer online sports betting include Arizona, Colorado, Connecticut, DC, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, Mississippi Nevada, New Jersey, New York, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming.

Some of the states that offer both land-based and online sportsbooks include New York, Nevada, New Jersey, Pennsylvania, Colorado, Indiana, Illinois, Louisiana, and Michigan.

Office pools and other types of betting on the Super Bowl outside of legal sportsbooks are technically against the law.

18 or 21. In most states, you must be 21 years of age or older to bet on the Super Bowl. But in New York, Montana, and Rhode Island, you are legally allowed to wager at 18 years or older in-person at some casinos.

The top online sportsbooks include DraftKings, BetMGM, Caesars Sports, and FanDuel. Every online sportsbook in the US offers bets on the Super Bowl. The Super Bowl is the most bet-on sports event of the year, so any sportsbook that is not offering the Super Bowl is not a reliable online sports betting site.

Yes. Using any of the legal online sportsbooks found on this page will allow you to place any bet legally and safely. Be careful to only use sportsbooks that are legally licensed or partnered with a legal online casino. They are the most reliable for safe deposits and cashouts.

Yes. Live betting on the Super Bowl is an extremely popular and fun way to bet. In-game betting is not limited to the spread or moneyline either. You can bet on a host of prop bets and point totals throughout the game as the lines move.

Yes. Many sportsbooks have licenses to hold these types of bets. From the length of the National Anthem to the color of the Gatorade at the end of the game, practically everything can be bet on during the Super Bowl.

Super Bowl LVII will take place on February 12th, 2023 at State Farm Stadium in Glendale, Arizona. The State Farm Arena hosts the Arizona Cardinals and the annual Fiesta Bowl for College Football. 

Every team is given odds assigned by a sportsbook. These numbers besides a team name follow plus or minus signs, such as +1000. The bigger the number after a plus sign, the less likely that team is to win, but if they do win you would take home a bigger profit. For example, if you were to bet $100 towards a team with +1000 odds to win the Super Bowl, you would win $1,100, netting you $1,000 in profit. Conversely, if the number follows a minus sign, such as -1000, that tells you how much you’d have to bet to win $100. In this case, the team would be a strong favorite, so your profit would be very low but more likely to hit.

About the Author
Travis Pulver

Travis Pulver

Travis Pulver is a lifelong football fan, something he says comes naturally having been born in the football-crazy state of Texas. His love of sports has extended into baseball, basketball, golf, and rugby through the years. Life currently finds him in Indiana with his wife and two kids.

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