Las Vegas Favorites & Each Teams Odds to Win Super Bowl 55 in 2021

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NFL futures odds are best described as the “odds to win the Super Bowl”.  These are the odds given to each team based on the probability they will win the Super Bowl.  As the season progresses the lines are updated to give a clear picture of who the favorite or favorites to win are.

After 50 years of waiting, the Kansas City Chiefs are the Super Bowl LIV Champions! The Chiefs came back from a 10-20 deficit in the fourth quarter to defeat the San Francisco 49ers.  Almost immediately after the game, the odds per posted for next year’s big game. It should come as no surprise that the Chiefs are listed as the favorites. They have a great young quarterback in Patrick Mahomes, plus a ton of young, fast talent around him that should make them contenders for years to come.

Here’s a look at the projected division winners and playoff matchups given the current market odds.

2020 Projected Division Winners

AFC Division Winners

AFC East:  Patriots
AFC North:  Ravens
AFC South:  Titans
AFC West:  Chiefs

NFC Division Winners

NFC East:  Eagles/Cowboys [Tie]
NFC North:  Packers
NFC South:  Saints
NFC West:  49ers

AFC Championship

Chiefs vs Ravens

NFC Championship

Saints vs 49ers

Super Bowl

Super Bowl Matchup

Chiefs vs Ravens

Projected Winner

Kansas City Chiefs

NFL Futures: Odds to Win Super Bowl 55 (LV)

The Chiefs are set as the odds-on favorites, with the Ravens being their top contenders out of the AFC. The defending NFC Champion 49ers are the favorites to get back to the Super Bowl next season, with their top contenders listed as the Saints. These odds are very likely to change with free agency and the results of the NFL Draft, so be sure to check back and see how those events impact the market.

The change column represents how much the odds have moved since the last time they were updated.  The MOV included is that team’s average margin of victory, which is sometimes helpful in creating your own spread on a game.  The Odds column are the latest odds from BetOnline.  The Super Bowl column represents the implied no-vig probability that each team will win the big game.

Team 2019 Record Division 2019 MOV Odds Change Super Bowl
Chiefs 12-4-0 AFC West 9.7 +600 -100 10.98%
Ravens 14-2-0 AFC North 13.7 +700 None 9.61%
Patriots 12-4-0 AFC East 11.1 +1000 -100 6.99%
49ers 13-3-0 NFC West 11.3 +1000 -200 6.99%
Saints 13-3-0 NFC South 6.5 +1200 +400 5.91%
Eagles 9-7-0 NFC East 1.4 +1400 +400 5.13%
Packers 13-3-0 NFC North 4.0 +1600 +200 4.52%
Cowboys 8-8-0 NFC East 7.1 +2000 -200 3.66%
Texans 10-6-0 AFC South -1.3 +2000 +1300 3.66%
Seahawks 11-5-0 NFC West 0.6 +2000 +200 3.66%
Chargers 5-11-0 AFC West -0.5 +2500 +300 2.96%
Rams 9-7-0 NFC West 1.9 +2500 None 2.96%
Titans 9-7-0 AFC South 5.2 +2500 None 2.96%
Bills 10-6-0 AFC East 3.1 +3300 +700 2.26%
Bears 8-8-0 NFC North -1.1 +3300 None 2.26%
Browns 6-10-0 AFC North -3.6 +3300 None 2.26%
Raiders 7-9-0 AFC West -6.6 +3300 None 2.26%
Vikings 10-6-0 NFC North 5.2 +3300 -800 2.26%
Steelers 8-8-0 AFC North -0.9 +3300 -1100 2.26%
Falcons 7-9-0 NFC South -1.1 +4000 -700 1.88%
Colts 7-9-0 AFC South -0.8 +4000 -700 1.88%
Buccaneers 7-9-0 NFC South 0.6 +4000 +2600 1.88%
Cardinals 5-10-1 NFC West -5.1 +5000 +3000 1.51%
Giants 4-12-0 NFC East -6.9 +5000 +1600 1.51%
Jets 7-9-0 AFC East -5.2 +5000 +1600 1.51%
Broncos 7-9-0 AFC West -2.1 +6600 -1600 1.15%
Lions 3-12-1 NFC North -5.1 +6600 None 1.15%
Panthers 5-11-0 NFC South -8.1 +8000 -1400 0.95%
Bengals 2-14-0 AFC North -8.8 +10000 -2000 0.76%
Jaguars 6-10-0 AFC South -6.1 +10000 -2000 0.76%
Dolphins 5-11-0 AFC East -11.8 +10000 None 0.76%
Redskins 3-13-0 NFC East -10.6 +10000 None 0.76%

What Were the Vegas Odds on the Most Recent Super Bowl?

The term “Vegas Odds” has come to encompass any betting line on the game, but it is important to remember that Vegas odds can differ from lines you might see online or from a local bookie.

Super Bowl LIV Opening Betting Line

The “opener” is represents the first crack that oddsmakers take at giving what they think is a fair market price on each team.  Once this is set and money starts to come in on different bets, books adjust and the lines eventually settle in.

Opening Point Spread:  Chiefs -1 -105 / 49ers +1 -115
Opening Total:  Over 51.5 -115 / Under 51.5 -105
Opening Moneyline: Chiefs -115 / 49ers -105

Current Vegas Odds

For the Vegas odds we took a look at the major sportsbooks and found the the majority agreed with the odds at Caesar’s Palace, but that a few books (e.g. Westgate & Station Casino) have adjusted by a half point.  The total has moved significantly all the way up to 55 in a lot of spots.

Caesar’s Palace (consensus):  Chiefs -1.5 -110
Westgate/Station:  Chiefs -1 -110
Consensus Over/Under:  54.5 -110
Westgate/Station Over/Under: 55 -110
Moneyline:  49ers +100 / Chiefs -120

Current Offshore Odds

You won’t find much more variety at offshore books right now. Granted, there isn’t much difference between a 1 and 1.5 line in the NFL, so it’s not surprising to see. The only number that really matters here is if anyone posts the spread at 3 points, which is virtually guaranteed not to happen in this situation.

Pinnacle:  Chiefs -1 -112 / 49ers +1 +102 || Over 54.5 -102/Under 54.5 -110
5Dimes: Chiefs -1.5 -110 / Under 54 -110
Bovada:  Chiefs -1.5 -105 / 49ers +1.5 -115 || Over 54.5 -105/Under 54.5 -115
Moneyline: Chiefs -120 to -130 / 49ers +105 to +110

1st Half Spread & Total

First half odds allow you to bet only on the first half of the game.  The results are based on the score at halftime, regardless of what the final score ends up being.

1st Half Spread:  Pick ’em (Chiefs -119/49ers -101)
1st Half Total:  Over 27 -101/ Under 27 -119
1st Half Moneyline:  Chiefs -119 / 49ers -101

Super Bowl Props

By now everyone is familiar with the crazy props available on the Super Bowl each year.  You can bet on just about anything.  The length of the National Anthem, the coin flip, how many passing yards each quarterback will have, how many times the announcers will say certain words, etc., etc.  I’ve posted some of my favorites from Bovada below, however, there are simply too many to list here.

Will Andy Reid eat a cheeseburger on camera before the end of the broadcast?
Yes (+1200)
No (-7500)

Will the FOX broadcast mention the point spread or total?

Yes (+155)
No (-220)

Will there be a flea flicker attempted by either team?

Yes (+185)
No (-280)

How many TikToks will Patrick Mahomes’s brother Make on Feb. 2nd?

Over 4.5 (-155)
Under 4.5 (+115)

And so on…Sign up for an account and you can bet on any of these props, and many, many more, should you feel you have and advantage on any of them.

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