Top Super Bowl Odds: Clear Favorites for Super Bowl LIX Emerging

7 min read
Jul 26, 2024, 6:26 PM
Author
Nick Ashbourne
Nick Ashbourne
Senior Writer
Last Updated: Sep 12, 2024, 1:44 PM

Super Bowl LIX Favorites

The race for the Vince Lombardi Trophy will be intense for the 2024 season. The Super Bowl odds fluctuate based on team performance, injuries, and other factors. Currently, several teams stand out as top contenders for Super Bowl LIX.

Kansas City Chiefs: Current Odds and Analysis

The Kansas City Chiefs, led by quarterback Patrick Mahomes, remain a strong favorite in the Super Bowl odds.

Their consistent performance in recent seasons has established them as a perennial contender. However, the NFL landscape is ever-changing, and the Chiefs face stiff competition.

Other Top Contenders

The Baltimore Ravens, with dynamic quarterback Lamar Jackson, have emerged as a formidable force.

NFL Playoffs

Lamar Jackson has been named NFL MVP in two of the last five seasons. Credit: Flickr

Their odds to win have improved significantly in recent years The San Francisco 49ers and Buffalo Bills also feature prominently in the Super Bowl odds, reflecting their roster strength.

Understanding NFL Odds

Interpreting odds is a crucial aspect of sports betting.

They represent the probability of specific outcomes and determine potential payouts for wagers. Understanding how to interpret odds is essential for informed betting. 

Making any bet without clear knowledge of the odds to win is inadvisable.

How to Read and Use NFL Odds

Odds can be presented in different formats, including American, decimal, and fractional. 

For example, +300 in American odds indicates a $300 profit on a $100 bet if successful. 

Bettors should familiarize themselves with these formats to make informed decisions.

Super Bowl LIX Betting Strategy

Developing a strategy for betting on the big game involves research, analysis, and understanding various betting options. Futures bets, point spreads, and win totals odds are among the choices available to bettors.

Below is a list of the team's with the best odds to win the next Super Bowl according to BetMGM:

  1. Kansas City Chiefs +550
  2. San Francisco 49ers +650
  3. Baltimore Ravens +1000
  4. Detroit Lions +1200
  5. Cincinnati Bengals +1400
  6. Philadelphia Eagles +1400
  7. Buffalo Bills +1500
  8. Houston Texans +1500
  9. Green Bay Packers +1600
  10. Dallas Cowboys +1800

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The 2007 New York Giants are a reminder to keep an open mind. They entered the playoffs with long odds but ended up shocking the undefeated Patriots in the Super Bowl. Always consider the underdogs.

Tips for Betting on the Big Game

When considering Super Bowl odds, it's important to analyze team statistics, head-to-head records, and playoff performance.

Injuries to key players can significantly impact a team's chances and should be factored into betting decisions.

Possible Matchups and Their Odds

Rematches between the Kansas City Chiefs and the San Francisco 49ers or Philadelphia Eagles could be an intriguing possibilities. Other potential matchups, such as the Baltimore Ravens versus the San Francisco 49ers, also generate interest among bettors.

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The Chiefs-Eagles Super Bowl LVII was widely considered to be a classic. A rematch would be highly anticipated, especially with the improvements both teams have made.

Historical Trends and Stats

Historically, favorites have won the majority of Super Bowls, but underdogs have provided some notable upsets.

The New England Patriots' multiple Super Bowl victories in recent years have significantly influenced betting patterns, but the team has not been a significant factor in the post-Tom Brady era.

Top Sites for Betting on Super Bowl LIX

Popular NFL sportsbooks include established names in the industry like BetMGM, BetRivers and Bet365.

These platforms offer secure betting environments and a variety of wagering options for the Super Bowl. 

The Super Bowl is the biggest betting event of the year for a number of sportsbooks.

Final Thoughts on Super Bowl LIX

Getting closer to Super Bowl LIX means the excitement among NFL fans and bettors is sure to build.

There is plenty of uncertainty before the regular season, but the anticipation surrounding the event will be significant regardless of the participants. Fans will either have the pleasure of watching the Kansas City Chiefs go for a threepeat, or get a fresh Super Bowl champion.

Teams like the Baltimore Ravens, Detroit Lions, Houston Texans and Cincinnati Bengals enter the season with high could see their Super Bowl Odds fluctuate based on their performances.

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The emergence of C.J. Stroud has given the Texans new life. His performance could significantly impact their future odds.

Even teams with longer odds, such as the Pittsburgh Steelers, Indianapolis Colts, and Atlanta Falcons, can still impact the playoff picture.

As the postseason approaches, bettors and fans alike will be closely monitoring the odds and performances of top teams like the Dallas Cowboys and Philadelphia Eagles. 

NFL Playoffs

Some team no one expects to make a deep run like the Arizona Cardinals, New England Patriots, or Carolina Panthers may even shock the world.

The journey to Super Bowl LIX promises to be filled with excitement and potential betting opportunities for those who closely follow betting odds and trends.

NFL Playoff FAQ

Host City
Where will Super Bowl LIX be held?
Scheduling
When do the NFL playoffs begin?
Odds
How are Super Bowl odds determined?
Super Bowl Futures
How do futures bets work for the Super Bowl?
NFL Draft Betting
Can I place bets on the NFL Draft?

Everything You Need on NFL Betting

Meet our Authors

Paruyr Shahbazyan began his business career in 2000 as a private entrepreneur. Over thirteen years, he developed a deep understanding for business and leadership, laying a solid foundation for his professional journey.

In 2013, Paruyr stepped into the sports and betting industry as the founder and president of Bookmaker Rating. This online mass media platform, which he led until 2020, focused on providing in-depth analysis and insights in sports betting, earning a reputation for its quality content. 

Continuing his innovative approach in 2022, Paruyr co-founded Azuro, a decentralized betting protocol. This venture showcases his dedication to integrating advanced technology in the evolving landscape of sports betting. Through these diverse experiences, Paruyr has continuously influenced and shaped the betting industry, driving new trends and setting high standards.

 ExperienceYear
Engaged in private entrepreneurship2000-2013
Founder and President at Bookmaker Rating, an online platform focused on sports and betting2013-2020
Co-founder at Azuro, a decentralized betting protocol2022

"Innovation in sportsbetting comes from a deep understanding of both technology and the human element of sports." 

- Paruyr Shahbazyan, Founder, RG

 

Principles and Ethics

Paruyr Shahbazyan's core beliefs lie in the power of informed decision-making and integrity in the betting industry. He understands that the foundation of successful betting is not just about odds and predictions, but also about the trust and reliability of the information provided. Paruyr advocates for a betting environment where transparency and knowledge are paramount, ensuring that bettors are well-equipped with accurate data and insights.

Strategic Vision

Paruyr's vision is to revolutionize the sports betting industry through the integration of technology. He sees the future of betting as a blend of traditional sports knowledge with innovative tech solutions, like decentralized protocols, to enhance user experience and fairness. His aim is to create platforms that are not only user-friendly but also uphold the highest standards of ethical betting, contributing to a more responsible and enjoyable betting culture.

Future Perspectives

Looking towards the future, Paruyr envisions a betting landscape that is more inclusive, technologically advanced, and globally connected. He anticipates a significant shift towards more decentralized and transparent betting systems, driven by blockchain technology. Paruyr is committed to being at the forefront of this change, continuously exploring new possibilities and innovations that can redefine what it means to engage in sports betting in a digital world. His focus is on building systems that prioritize user empowerment, fairness, and the global growth of the sports betting community.

 

Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief

Sol has over 20 years of experience in writing for diverse industries including sports, gambling, regulation, technology, and startups. As the Editor-in-Chief at RG.org, Sol brings a wealth of knowledge and expertise to the role, focusing on delivering transparent, evidence-based content grounded in thorough research. Sol's mission is to empower readers to enjoy gambling responsibly and make informed decisions, enhancing their overall experience through insightful and engaging content. Under Sol's leadership, RG.org prioritizes the highest standards of integrity and reliability, ensuring that all information provided is accurate and trustworthy. Sol's dedication to transparency and research-based writing helps create a responsible gambling environment where readers can truly benefit from the content. This commitment to excellence has positioned RG.org as a leading source of information in the gambling industry.

Experience:

  • Over 20 years in writing and editing across multiple industries
  • Former head of regional innovation at BMO Finanacial Group
  • Senior Writer, Online Casino Reports
Cristina Varela Galan
Cristina Varela Galan
Problem Gambling Expert

Cristina used to work as a Psychology Assistant in the Bizkaia Pathological and Risky Gamblers Association. She was also part of a research team in Deusto University, specializing in pathological gambling area. While working there, she managed to develop her own project 

 “Exploring the association between emotional regulation, alexithymia, stressful life events and gambling in adolescent and young adult women”.

Nick Ashbourne
Nick Ashbourne
Senior Writer

Nick has been fascinated with sports since he was first taken to a Toronto Maple Leafs game back in 1998, and he's written about them professionally since 2014.

Nick has covered baseball and hockey for outlets like The Athletic, Sportsnet, and Yahoo Sports, and his sports betting expertise has grown since its legalization in Ontario in 2022. 

Between 2022 and 2023 he worked for a betting startup called NorthStar Bets, and in 2024 he contributed to Oddspedia before joining the Responsible Gambling team.

Sergey Demidov
Sergey Demidov
Head of News Department

Sergey has been in sports journalism since 2007 as a reporter, editor, and manager. He has covered the Olympic Games, soccer World Cups, the World Cup of Hockey in 2016, the European championships, the Stanley Cup Finals, IOC events, and many others. Sergey interviewed the sport's greatest athletes, coaches, and executives. Since 2016, he has been an Independent Senior Editor of NHL.com/ru.

Anna Kravtcova
Anna Kravtcova
Problem Gambling Expert

Ph.D. in organizational psychology, an internationally certified psychologist (EuroPsy 2022, Cognitive behavioural therapy of mindfulness 2020, International Society for Emotional Intelligence 2017, Russian Psychological society 2014, American Psychological Association(Society for Industrial and Organizational Psychologist) 2011), speaker of many international conferences (USA, Brazil, Portugal, Czech Republic, Russia, etc.). TEDx speaker.

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