Super Bowl Odds 2024: Chiefs Betting Favorites

The Kansas City Chiefs have been crowned 2023 Super Bowl champions after a thrilling game against the Philadelphia Eagles in Arizona.  Super Bowl odds for the 2023-24 season are already starting to take shape with the Chiefs (+600) are favorites to repeat. However, the Philadelphia Eagles (+650) aren’t far behind.

Current Super Bowl Odds 2024 – NFL Futures

Let’s review the Vegas odds for Super Bowl 2024 favorites from the top online sportsbooks in the US.

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	Opening Odds	Bet Now	Bet Now	Bet Now	Bet Now	Bet Now
KC Chiefs	+600	+600	+600	+600	+600	+600
PHI Eagles	+800	+650	+700	+700	+800	+700
BUF Bills	+900	+900	+800	+900	+900	+800
SF 49ers	+800	+1000	+900	+1000	+1000	+800
CIN Bengals	+900	+1100	+900	+1000	+1000	+1000
DAL Cowboys	+1600	+1400	+1600	+1500	+1400	+1400
NY Jets	+2800	+1800	+1600	+2000	+1600	+1600
BAL Ravens	+2000	+2000	+2000	+2200	+1800	+2000
DET Lions	+2500	+2200	+2000	+2200	+2200	+1800
JAX Jaguars	+2200	+2500	+2500	+2200	+2500	+2500
MIA Dolphins	+3000	+2200	+2500	+2500	+2500	+3000
LA Chargers	+2000	+2500	+2500	+2800	+2500	+3000
SEA Seahawks	+7000	+3000	+3000	+3300	+3500	+3000
CLE Browns	+4000	+4000	+3500	+3500	+2800	+3500
NO Saints	+3000	+3500	+3500	+3300	+4000	+3500
MIN Vikings	+4000	+3500	+5000	+4000	+3500	+5000
DEN Broncos	+3000	+4000	+4000	+5000	+4500	+4000
GB Packers	+3500	+6500	+5000	+6000	+4000	+3500
NY Giants	+4000	+6500	+5000	+5000	+4500	+4000
PIT Steelers	+5000	+5000	+6000	+5000	+4500	+5000
CHI Bears	+6600	+5000	+5000	+6000	+6000	+5000
NE Patriots	+6000	+6500	+5000	+6600	+5500	+5000
ATL Falcons	+7500	+6500	+8000	+6000	+5500	+8000
LA Rams	+3000	+6500	+8000	+7500	+6000	+8000
WAS Commanders	+7000	+6500	+8000	+8000	+6000	+8000
LV Raiders	+4000	+6500	+6600	+8000	+6000	+10000
CAR Panthers	+5000	+8000	+8000	+7000	+6000	+10000
TEN Titans	+7500	+8000	+10000	+8000	+7500	+15000
TB Buccaneers	+7500	+8000	+10000	+10000	+7500	+15000
IND Colts	+20000	+10000	+10000	+10000	+10000	+8000
HOU Texans	+30000	+20000	+15000	+20000	+18000	+20000
ARI Cardinals	+20000	+20000	+20000	+20000	+18000	+20000

**Odds are automatically updated daily.

Best Super Bowl Sportsbook Promos

Thousands of bettors across the US have 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 will typically arrive in the form of deposit-match bonuses or bonus bets, but sportsbooks have great promotions for existing customers as well.

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 in the upcoming season, guaranteed.

Early 2024 Super Bowl Odds

The Kansas City Chiefs won Super Bowl LVII and are the champions of the 2022 NFL season. After their 38-35 victory over the Philadelphia Eagles, they played host to another entertaining Super Bowl parade held in Kansas City.

However, for the fans of the other 29 other teams, all the focus is on the next season. Many factors go into determining the early 2024 Super Bowl Odds, including the below:

• The best available free agents, and how recent free agent signings affect the upcoming season.
• The impact newly drafted players may have in the upcoming season.
• Whether or not successful teams can continue building off their momentum after the lengthy offseason.
• Injury recovery for existing players and avoiding injuries in training camp and offseason programs.

Those points are worth considering, but they’re just the beginning. Overall, every fan wants to know one thing: can we make it to Super Bowl LVIII in Las Vegas? These are all questions that have been or will be answered this offseason, before any team even takes the field.

Super Bowl Odds 2024: Favorites and Long Shots

Super Bowl odds for the 2023-24 season are already available. 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.

Favorites to watch

Kansas City Chiefs: +600

Patrick Mahomes has been a starting QB for five seasons. He has made it to the AFC Championship game in each of those five seasons. He has made it to the Super Bowl three times, winning two of them. Currently, there is no proof that the Chiefs can’t be one of the final four teams. That logic alone makes this a good bet. Kansas City also has a load of young players on both sides of the ball that now have the experience of winning a championship and they are only going to get better. I expect the 2023 Chiefs to be better than the 2022 Chiefs and that is a scary reality for the rest of the league.

Philadelphia Eagles: +650

There is a history of the team that loses the Super Bowl having a “Super Bowl Hangover.” However, that wasn’t the case for the Cincinnati Bengals last season, and I do not expect it to be the case for the Eagles. Jalen Hurts has officially signed a five-year, $255 million contract extension, so the Eagles retain their young and impressive quarterback. They have also signed A.J. Brown, Haason Reddick, and other impressive players, but they have 18 pending free agents on the board. That being said, as long as the core of that offense stays intact, the Eagles should the favorites to win the NFC East next season.

San Francisco 49ers: +1000

If you looked up the definition for the statement, “Only a QB away,” there would be the team photo of the 2022 San Francisco 49ers. This team had three different QB start games for them this season and still made it to the NFC Championship game. But then the backup to the backup got hurt and then the backup’s … backup’s … backup got hurt. The 49ers’ defense is elite. There is talent all over the offense. All they need is a QB. Brock Purdy and Trey Lance are both coming off of major injuries and Jimmy G is on his way out of town. If this team is able to get decent QB play, they might be the best bet to win the whole thing.

Cincinnati Bengals: +1200

The Buffalo Bills and San Francisco 49ers are listed ahead of the Bengals on most major US Sportsbooks. However, we just witnessed Cincinnati destroy the Bills in Buffalo in the playoffs. It feels like the championship window for the Bills is closing. Meanwhile, the window for the Bengals is wide open. According to Joe Burrow, it will be open his entire career. Cincinnati has made it to two straight AFC Championship games. It would not be shocking at all to see them make it three in a row.

Our Long Shot picks

New York Jets: +1800

Aaron Rodgers is officially a New York Jet. Aside from that being an obvious good sign, there’s more. Like the 49ers, they are loaded with talent on both sides of the ball. They just need solid QB play to steady the ship, and although Aaron Rodgers isn’t the youngest anymore, he can provide it.

Detroit Lions: +2200

The Detroit Lions will be a very trendy pick in the 2023 season. They might wind up the preseason favorites to win the NFC North, with Aaron Rodgers headed to the AFC East. No matter what, the Lions will be a solid team. Their offense is loaded with weapons with a good QB running the operation. I don’t know why the world has seemingly soured on Jared Goff, but when he had a good offense with the Rams, he helped guide that team to a Super Bowl. If the Lions’ defense can ride that momentum they built up toward the end of the season, Detroit will be a tough out for any of the NFC contenders.

Jacksonville Jaguars: +2500

The Jacksonville Jaguars could be in for a breakout season. They will no doubt be the preseason favorites to win the AFC South, Trevor Lawrence will have his second year under head coach Doug Pederson and have all kinds of draft capital and cap space to add to their roster. If Lawrence is able to take another step forward, he could put himself right in the MVP discussion.

Los Angeles Rams: +6500

Every season, there is one team that has their season destroyed by the injury bug. That team was the Rams in 2022. Matthew Stafford was never healthy, and once Cooper Kupp went down the season went off the rails. They still have Aaron Donald and Jalen Ramsey on that defense. Sean McVay is coming back as head coach. There is no way this team is not going for it again. Expect the Rams to figure out ways to add talent to this team. I think they will be the second-best team in the NFC West and if Stafford and Kupp stay healthy, we could see a team much closer to the 2021 Rams than we got in 2022.

Latest Super Bowl Odds News

• The Kansas City Chiefs have won Super Bowl LVII against the Philadelphia Eagles.
• 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.

Where Can I Bet on the 2024 Super Bowl Odds?

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, MA, MD, MI, NH, NJ, NY, OH, PA, TN, VA, WV & WY.
• BetMGM Sportsbook in AZ, CO, DC, IL, IN, IA, KS, LA, MA, MD, MI, MS, NJ, OH, NV, NY, PA, TN, VA, WV & WY - Note: Offer not available in DC, MS, NV or NY.
• Caesars Sportsbook in AZ, CO, IN, IA, IL, KS, LA, MA, MD, MI, NJ, NY, OH, PA, TN, VA & WV.
• FanDuel Sportsbook in AZ, CO, IL, IN, IA, KS, LA, MA, 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.

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 bonus bet offers for a shot at the Super Bowl winner at advantageous odds.

For instance, if you bet on the Rams to win the 2022 Super Bowl in 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 a $500 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. 

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 54, 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. For example, you can bet on if a RB will go over/under 1,000 yards, who will lead the league in sacks, etc.

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.

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

How To Find the Best Offers 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:

$50 Bonus Bet From DraftKings Sportsbook

The DraftKings Sportsbook promo gets new signups a $50 bonus bet 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 bonus bet. Terms and conditions apply, but you can use the bonus bet on any NFL, NBA, college basketball, NHL, or soccer wager, or whatever other 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 up to $1,250 back on your first bet.  If it doesn’t cash, you receive bet credit in the amount of your wager. Click to lock in the deal.

New Customers get up to a $2,500 No Sweat First Bet From FanDuel Sportsbook

With FanDuel, simply make your first wager of $5 or more, and get up to a $2,500 No Sweat First Bet Back in Bonus Bets if your bet loses. You cannot 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.

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.

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 your Super Bowl bet.

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.

Super Bowl Odds 2023 FAQ