Super Bowl Odds 2023: Bills Betting Favorites

NFL Super Bowl Odds have see some big movement in Week 4 as Philadelphia Eagles remain undefeated putting them second behind current favorites, the Buffalo Bills.  Tampa Bay Buccaneers have slid out of the top 3 in recent weeks, putting them at +1000 from their opening odds at +750.

Thousands of bettors across the US already placed bets on the Current Super Bowl 2023 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.

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

Current Super Bowl Odds 2023 – NFL Futures

On Mobile? Swipe Left.
 
+700 +400 +400 +400 +400 +450 +400
+900 +700 +650 +700 +700 +700 +650
+4000 +800 +800 +750 +800 +750 +750
+1100 +1000 +1000 +1000 +1000 +1000 +900
+750 +1200 +1000 +1200 +1200 +1000 +1100
+1200 +1400 +1400 +1400 +1400 +1400 +1300
+2200 +1800 +1600 +1500 +1600 +1700 +1400
+1600 +1600 +2000 +2200 +2500 +1800 +2200
+3500 +2500 +2000 +2000 +2000 +2100 +2000
+2500 +2200 +2500 +2000 +2200 +2400 +2000
+2200 +2500 +2500 +2200 +2000 +2200 +2000
+4000 +2200 +2200 +2500 +2000 +2300 +2200
+1700 +2500 +2500 +2500 +2000 +2400 +2500
+1700 +3500 +3000 +3000 +2800 +2700 +3300
+2200 +6000 +5000 +5000 +5000 +4800 +5000
+10000 +6000 +5000 +5000 +6000 +4800 +4500
+5000 +5000 +5000 +6000 +5000 +5000 +5500
+2500 +6000 +5000 +6000 +5000 +4800 +5500
+2500 +6000 +6600 +6000 +5000 +5500 +5500
+3000 +7000 +6600 +5000 +6000 +6000 +6000
+4000 +8000 +8000 +8000 +7000 +7500 +7000
+8000 +10000 +10000 +8000 +10000 +11000 +10000
+2800 +15000 +12500 +12500 +10000 +12000 +12500
+10000 +15000 +15000 +20000 +15000 +13000 +10000
+9000 +15000 +20000 +20000 +15000 +18000 +12500
+12500 +20000 +20000 +30000 +15000 +21000 +20000
+5000 +20000 +20000 +25000 +20000 +21000 +25000
+5000 +20000 +20000 +30000 +20000 +22000 +25000
+15000 +30000 +30000 +20000 +20000 +28000 +20000
+10000 +50000 +30000 +25000 +20000 +37000 +25000
+3300 +50000 +30000 +30000 +25000 +42000 +40000
+30000 +100000 +100000 +100000 +50000 +85000 +100000

Odds are automatically updated 1 time per day.

3 Best Super Bowl 2023 Sportsbook Promos

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 and risk-free betting:

For sports fans in New York and Louisiana, there are special bonus offers as well. Check out our NY sports betting bonus offers available to celebrate the launch of mobile betting in the state, or the Louisiana bonus offers to get on the action from there.

While online sportsbooks have tons of winning opportunities during the regular season as well as throughout the NFL Playoffs, odds on Super Bowl 2022 will bring in the most betting action and promotions so far this year, guaranteed.

Latest Super Bowl News And Betting Odds Updates

  • The Eagles impressive start to the season (4-0) has put them as early Super Bowl favorites.  Opening odds had the Eagles sitting at +4000 and they now sit at +800 (BetMGM).
  • Tua Tagovailoa suffered a head injury during Thursday Night Football in Week 4.  Tagovailoa is believed to have suffered a head injury 4 days earlier in Week 3 but Dolphins are calling it a back injury. The handling of these events is expected to have impact on concussion protocol throughout the league.
  • Mac Jones suffered a high ankle sprain in Week 3 and is expected to be out for several weeks.
  • Second-year San Francisco 49ers quarterback Trey Lance is out for with season with a broken ankle in Week 2.
  • Tagovailoa joined elite company in Week 2 by becoming the one of three Dolphins franchise quarterbacks to toss six touchdowns in a single game. He’s now in the history books with former legends Bob Griese and Dan Marino.
  • Dallas Cowboys QB Dak Prescott is expected to be out four-to-eight weeks with a hand injury he suffered in Week 1.
  • Rather than wait to see how the NFL’s appeal would play out, Deshaun Watson and the NFLPA came to a settlement agreement with the NFL– 11 games and a $5 million fine. Cleveland’s Super Bowl 57 odds went up more at some sportsbooks than others, i.e., DraftKings– from +2500 to +3000; PointsBet– +2000 to +5000.

Odds To Win The Super Bowl 2023 – Whose Odds Are Improving?

Super Bowl odds always change throughout the season. 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.

Miami Dolphins: From +4000 to +1600

We needed to see it before we believed it. Well, the Miami Dolphins are starting to make believers out of all of us. After rallying from a 21-point deficit to beat Lamar Jackson and the Ravens 42-38 in Week 2, Tua Tagovailoa helped lead the Dolphins to a win over the preseason Super Bowl favorite, the Buffalo Bills. Miami is gaining confidence, and major US sportsbooks are following suit.

Jacksonville Jaguars: From +10000 to +5000

The Jacksonville Jaguars might be the surprise team of the NFL through the first three weeks of the season. The team destroyed the Los Angeles Chargers in an impressive win. Trevor Lawrence is proving why he was the No. 1 overall pick in the 2021 NFL Draft. Head Coach Doug Pederson has the team clicking on all cylinders, and the Jags could become a significant threat in the AFC.

Philadelphia Eagles: From +4000 to +850

If you took a preseason bet on the Philadelphia Eagles to win the Super Bowl, you are sitting pretty right now. Philly might be the best team in the league. They have the best odds to win the Super Bowl out of all the teams in the NFC. Jalen Hurts has thrust himself into the MVP debate. The Eagles play the Jags in Week 4 in what should be an entertaining matchup.

Baltimore Ravens: From +2200 to +1400

Jalen Hurts has worked himself into the MVP discussion, but Lamar Jackson is the clear leader of the pack. The 2019 NFL MVP is literally carrying the Baltimore Ravens to a 2-1 record. Two factors are helping to improve Baltimore’s odds. One, the AFC North hasn’t looked great so far, and two, Lamar is playing out of his mind right now. Pay that man.

Odds To Win The Super Bowl – Whose Odds Are Getting Longer?

Things that would typically influence an odds decrease in the off-season are major injuries or trades. Big money coming in on teams will rarely influence a team’s odds to decrease dramatically. 

Tampa Bay Buccaneers: From +750 to +1000

This is a bit of a surprise. Tom Brady and the Tampa Bay Buccaneers offense have not looked great so far this year. However, that is primarily due to injuries and an unnecessary suspension to a star wide receiver. The expectation is that Brady will get this offense back on the right track while the Bucs’ defense carries the load early. This might be a time to buy low on the Bucs.

Denver Broncos +1700 to +2000

This was supposed to be the Russell Wilson show. But so far, the Denver Broncos are being led by their defense. Their Sunday Night game against the 49ers was unwatchable at times. Despite their 2-1 record, this team is not gaining faith from sports betting sites.

San Francisco 49ers +1600 to +2500 (Caesars)

The San Francisco 49ers came crashing back to earth in Week 3. Jimmy Garoppolo, with one small step, has sent the 49ers’ odds plummeting on some sportsbooks. This is likely an overreaction to one ugly performance. But we’ll all need to see what San Fran does in Week 4 before we hop back on the ‘Jimmy G’ hype train.

Las Vegas Raiders +5000 to +8000

The slow start for Las Vegas Raiders might be the shock of the NFL season so far. They are the only 0-3 team in the league. Reports indicate that star addition Davante Adams is angry and frustrated with his role in the offense thus far. They already were facing an uphill climb in a tough AFC. Now they are in a major hole. Dating back to the 1979 NFL playoff expansion, only six teams have started 0-3 and were able to make the playoffs that season.

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:

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. 

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, MI, NH, NJ, NY, PA, TN, VA, WV & WY
BetMGM Super Bowl Promo:Risk-free bet up to $1,000 with bonus code PLAYSPORTSAZ, CO, DC, IL, IN, IA, KS, LA, MI, MS, NJ, NV, NY, PA, TN, VA, WV & WY (risk-free 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, MI, NJ, NY, PA, TN, VA & WV
FanDuel Super Bowl Promo:Risk-free bet up to $1,000AZ, CO, CT, IL, IN, IA, KS, LA, MI, NJ, NY, 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 For $1,000 Risk-Free

If you haven’t already joined, the BetMGM bonus code is PLAYSPORTS for a risk-free bet up to $1,000. A lost wager is refunded in free 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.

Up To $1,000 No Sweat From FanDuel Sportsbook

Your first bet at FanDuel Sportsbook is no sweat up to $1,000 back. If the bet loses, it’s refunded in betting credits that can be used on any combination of wagers, including bets as low as $0.09 each. If the wager wins instead, the payout and any remaining balance is immediately available for cashout via online bank transfer, PayPal, or whatever payment method you choose. 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 a promo code,  you are given a $1,000 risk-free bet. If you place your risk-free 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

NFL Super Bowl Odds And Betting

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.

Season-Long NFL Prop Bets 

My official NFL season-long prop bets will be selected when the odds come out. I consistently put these out for readers, and in 2020 took the Buccaneers to win the Super Bowl at +2800. The bet obviously cashed and was a huge profit for all of us. Check back later for these picks!

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.

Betting Odds For The Super Bowl FAQ 

The favorites to win Super Bowl 2023 are the Buffalo Bills (+400), Philadelphia Eagles (+800), and Kansas City Chiefs (+650).

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
  • Michigan
  • Mississippi
  • Nevada
  • New Jersey
  • New York
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • 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. 

About the Author

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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