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NFL Super Bowl Odds 2022: Chiefs Take Over At The Top

The Kansas City Chiefs are now the favorites in Super Bowl odds.

The field of Super Bowl contenders has narrowed to just four teams for the conference championship round after both No. 1 seeds and a No. 2 seed were eliminated in a wild NFL Divisional Round. 

Oddsmakers at Bovada have updated their odds to win Super Bowl 2022 list to reflect who they think has the best chance to win Super Bowl 56 in Los Angeles, and the Kansas City Chiefs are now at the top with +125 odds.  

Here’s a look at the Super Bowl 56 odds for the four NFL clubs still in the hunt:

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Super Bowl Odds 2022

Odds to Win Super Bowl 56
TeamCurrent OddsOpening Odds
Kansas City Chiefs+125+600
Los Angeles Rams+200+1200
San Francisco 49ers+425+1200
Cincinnati Bengals+900+8000

Odds as of January 24 at Bovada

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Kansas City Chiefs (+125)

After a dream matchup in the wild-card round against dead-armed Ben Roethlisberger and the Steelers, the Kansas City Chiefs took on the Buffalo Bills in an all-time classic NFL Divisional Round game and escaped with an overtime victory.

They now face a theoretically worse opponent in the AFC championship game and opened as touchdown favorites at home against the high-flying Bengals.

The +125 odds (44.44% implied odds) aren’t as attractive as those for some of the other teams on the list, but they have to be a consideration as the team with the “easiest” path to Super Bowl 56 and the one that also happens to have the best quarterback among the four remaining teams.

Los Angeles Rams (+200)

The Rams were at +800 before beating the Buccaneers on the road in the divisional round and have opened as 3.5-point favorites at home to beat their divisional rival, the San Francisco 49ers, in the NFC championship game.

The Rams have already lost twice to the Niners this season and are certainly no lock to win this game, which makes the +200 odds (33.33% implied odds) a little less appetizing than those of the other teams.

But the Rams have the talent to win it all, with a combination of mostly high-level quarterback play, the best wide receiver in the league this season and a trio of pass rushers that is downright scary. The combo of Von Miller, Aaron Donald and Leonard Floyd was a big reason the Rams took down Tom Brady and the Bucs and it is almost a prerequisite that the Super Bowl-winning team have a great pass rush in this era of NFL football. 

We like other teams’ odds more, but L.A. has to be a consideration at +200.

Cincinnati Bengals (+900)

The Bengals ended up with a pretty great draw in the NFL playoffs. They took care of the Raiders for their first playoff win in 31 years and then beat Tennessee, one of the worst No. 1 seeds in recent memory, to advance to the AFC championship game.

The Bengals are coming in hot with quarterback Joe Burrow playing at an MVP level, but they will have to win at Kansas City to advance and understandably have the longest odds of the four remaining teams. 

However, the Bengals did beat the Chiefs just over three weeks ago (in Cincinnati) and are playing well enough to win this game. +900 (10.00% implied odds) is a very attractive number, but we aren’t that confident that the Bengals can keep their magic alive and win in Kansas City.

Best Bet: San Francisco 49ers (+425)

Having already beaten the Rams twice this season, we already like the Niners’ odds of making it to the big game. And though they would be underdogs against the Chiefs in the Super Bowl, the Niners would likely be slight favorites against the Bengals if Cincy were to pull off the upset in the AFC title game. 

The Niners have the worst quarterback of the remaining teams, but they also might be playing the best all-around football. The Niners defense is probably the best of the four and they have the strongest running game. It’s pretty clear what the Niners want to do to win games, but we’re not sure if anyone can stop them right now.

The 49ers are our best bet with more attractive odds than the Chiefs or Rams, and a better path to Super Bowl 56 than the Bengals.

When it comes to betting on the NFL, odds are available before teams take their first regular-season snaps. You can even bet on a potential Super Bowl winner in August. Certain squads will always be contenders, especially if they won the previous year. When bookmakers set the lines, they look at offseason roster moves, coaching changes and past on-field performance. To bet on the odds for the Super Bowl, you’d make a futures bet.

What Is An NFL Futures Bet?

This is a bet in which you would look at the odds for the Super Bowl, weeks or sometimes months in advance of the big game, and decide which team you think will win. Let’s say you want to make a futures bet today. At your sportsbook of choice, the odds might look something like this:

  • Kansas City Chiefs +300
  • New Orleans Saints +550
  • Green Bay Packers +900
  • Buffalo Bills +1000
  • Tampa Bay Buccaneers +1100

If this were a moneyline bet, you’d be able to see which team is the clear favorite because it would have a minus sign beside its odds (-). For Super Bowl futures, the team with the lowest odds is favored to win the NFL championship, and the rest are underdogs.

Let’s say you feel strongly about the Saints and believe they’re going to win it all. If you were to bet $100 on them and they did triumph, you’d get a payout of $650 – your original $100 is returned along with your winnings of $550. Our Odds Calculator will show you how much you’d win based on the odds and amount bet.

The odds change throughout the season as key players get injured, trades happen and coaches get fired. Line movements for NFL futures happen weekly, so if you see odds you like, it’s best to bet on them ASAP. The Packers may be +900 to win the Super Bowl in October but after a surge in November their odds could jump to +400 and you’ll make less money than you would if you’d bet them at +900.