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.
AFC East: Bills
AFC North: Steelers
AFC South: Titans
AFC West: Chiefs
NFC East: Redskins
NFC North: Packers
NFC South: Saints
NFC West: Seahawks
Chiefs vs Bills
Packers vs Bucs
Packers vs Chiefs
Kansas City Chiefs
The Chiefs are currently the odds-on favorites to win the Super Bowl this season. They will face the Tom Brady-led Tampa Bay Buccaneers.
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 | 2020 Record | Division | 2020 MOV | Odds | Change | Super Bowl |
|---|---|---|---|---|---|---|
| Chiefs | 14-2-0 | AFC West | 6.9 | -165 | +365 | 59.91% |
| Buccaneers | 11-5-0 | NFC South | 9.7 | +140 | +760 | 40.09% |
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.
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.
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. Almost every book has settled into the Chiefs -3 with -120 juice on that side. There are some slight differences in the total at spots like FanDuel, who have posted it at 55.5, where the consensus is 56.
You won’t find much more variety at offshore books right now, either. The only number that really matters here is if anyone posts the spread at 3.5 points, which we could still see by game time.
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.
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.