NFL Super Bowl Odds 2022: Packers Still Alone At The Top

We’ve made it through the NFL regular season and have the field of Super Bowl contenders narrowed to eight teams with the NFL Divisional Round matchups set. But, that doesn’t necessarily make it any easier to predict who will actually win the big game. 

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 Green Bay Packers are at the top with +350 odds. The Kansas City Chiefs (+400), Buffalo Bills (+525), Tampa Bay Buccaneers (+600) and Los Angeles Rams (+800) round out the top five teams. 

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


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Super Bowl Odds 2022

Odds as of January 18 at Bovada

Packers’ Super Bowl 56 Odds Soar

This season may be somewhat of a “last dance” situation for Green Bay Packers quarterback Aaron Rodgers. The reigning NFL MVP made it pretty clear prior to the season that he did not intend on committing to playing for the Packers this year, or ever again, but he did eventually report to the team.

Following a COVID-19 related controversy that forced Rodgers to miss Week 9, the Packers won six of their last eight games (including a Week 18 loss to Detroit in a meaningless game) to clinch the No. 1 seed in the NFC and earn the all-important bye to start the playoffs. The Packers will face the 49ers in the divisional round.

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The Pack finished tied for the best record in the NFL at 13-4 and are +350 in Super Bowl odds 2022, which represent an implied win probability of 22.22 percent according to Odds Shark’s Super Calculator.

They’re still decent value at that number.

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Can The Super Bowl 55 Champion Buccaneers Go Back To Back?

The Buccaneers had a couple of iffy moments this season, but as a whole were pretty dominant – particularly on offense – in most of their games. The Bucs finished second in total offense this season, first in passing, first in sack percentage, second in the red zone and second on third down.

They were either first or second in the Super Bowl odds 2022 through much of the campaign, but fell to third or fourth in the last few weeks of the season.

However, they earned the No. 2 seed in the NFC and got to face the 9-8 Eagles, a squad that had not beaten a playoff team all season, in their wild-card matchup.

The Bucs took care of business and will now face the L.A. Rams in the divisional round. 

The health of several key Bucs players (All-Pro tackle Tristan Wirfs, CB Sean Murphy-Bunting, RB Leonard Fournette and others) will be worth watching heading into next weekend, but the defending champs are still good value at +600 (14.29% implied odds).

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Buffalo Bills (+525)

The Bills were either first or second in Super Bowl odds 2022 for much of the season, and became a tremendous value at +1200 before their huge Week 16 win over the Patriots.

The Bills ended up earning the No. 3 seed in the AFC and another date with those Patriots on Wild Card Weekend and the result was their most impressive win of the season.

The Bills smoked their rivals 47-17 in a game in which the Buffalo offense did not punt, commit a turnover or kick a field goal. It was quite literally a perfect offensive performance for the Bills, who will now visit the Chiefs in the divisional round. 

The Bills are down to +525 in Super Bowl odds and third on the odds table, and we’re still betting them despite their tough matchup against the Chiefs next week. 

Few teams possess Buffalo’s combination of an elite quarterback and top-notch defense.

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Kansas City Chiefs (+400)

The AFC would appear to be the much easier conference to win this year and it’s hard to argue the Chiefs aren’t the best team on that side of the bracket.

Kansas City got a dream matchup in the wild-card round against dead-armed Ben Roethlisberger and the Steelers, who wouldn’t have made the dance had the Colts not lost to Jacksonville in Week 18.

They will now host the Bills, who are probably either the best or second-best team in the AFC along with the Chiefs themselves, but a win in that game would make the Chiefs heavy favorites to advance to the Super Bowl playing either Tennessee or Cincinnati in the AFC championship game.

+400 odds (20.0% implied odds) aren’t as attractive as those for some of the other teams on the list, but they have to be a consideration based on the quality of the roster, quarterback, weapons and coach.

Los Angeles Rams (+800)

The Rams are a good bet at +800, fifth-best out of the eight remaining teams, based on their talented roster and path to the Super Bowl.

The Rams will have to go on the road on a short week to beat the defending Super Bowl champions to advance to the NFC championship game, but the matchup on paper is a pretty good one. 

The Bucs will likely be without All-Pro right tackle Tristan Wirfs for this matchup and his backup Josh Wells is also banged up. That is music to the ears of Rams pass rushers Von Miller and Leonard Floyd, who will now command extra attention, likely freeing up Aaron Donald to terrorize the rest of the Bucs offensive line.

With Tom Brady not exactly fleet of foot, it could be tough for the Bucs to play offense the way they’d like to.

That matchup alone gives the Rams a good chance to win this game, and that’s without mentioning Cooper Kupp, the likely NFL Offensive Player of the Year, and the other stars on the Rams offense. 

They have to be a consideration at +800.

Best Bet: Cincinnati Bengals (+1600)

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 now will head to Tennessee to take on a Titans team that might be the worst No. 1 seed in recent memory.

The Bengals are coming in hot with quarterback Joe Burrow playing at an MVP level and that divisional-round matchup is a very winnable game. So, it makes sense that Cincy’s Super Bowl odds dropped from +2000 before Wild Card Weekend to +1200 after their win. But they have since moved up to +1600 in Super Bowl odds, which is fantastic value relative to the other teams left in the playoffs.

The Bengals opened as only 3.5-point underdogs for their game against the Titans, so oddsmakers clearly believe they have a great chance to move on to the semifinals. Given the Bengals’ path and how well they’re playing, +1600 is a smash bet.

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:

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.