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Odds to Win Super Bowl 54: With Ravens Eliminated, Chiefs Are the New Favorites

Prior to Week 7, the Tennessee Titans were 2-4 and looked to be heading toward a lost season. Three months later, the Titans are one win away from reaching Super Bowl 54 in yet another example of how unpredictable the NFL has become.

With only four teams remaining in the hunt for the Lombardi Trophy, Bovada has the Kansas City Chiefs as the +135 favorites to garner the hardware. The San Francisco 49ers (+165), Tennessee Titans (+600) and Green Bay Packers (+650) trail Patrick Mahomes and company at the shop.

Titans Continue to Raise Eyebrows

The Titans, who were +4500 long shots before the playoffs began, continue to rise above expectations. Tennessee pulled off the biggest upset in recent postseason history in the divisional round, knocking out regular-season MVP favorite Lamar Jackson and the top-seeded Baltimore Ravens 28-12.

Derrick Henry had a stunning 195 yards on the ground and Ryan Tannehill threw two touchdowns to lead the Titans to a date with the Chiefs in the AFC championship game. These teams have already met this season, with the Titans collecting a 35-32 victory in Week 10. The Titans opened as 7.5-point underdogs with a total of 52.

The Chiefs pulled off an improbable comeback from an early 24-0 deficit to beat the Houston Texans 51-31 on Sunday and reach the AFC title game for the second year in a row.

Packers, 49ers Set to Face Off in Santa Clara

In the NFC, the 49ers are set to play host to the Packers as touchdown favorites at Levi’s Stadium. San Fran took care of business in a 27-10 triumph over Minnesota, while the Packers edged out Seattle 28-23 in the divisional round.

Considering these teams already met in Week 12 – a 37-8 blowout by the 49ers – the Packers will have to erase those memories and start fresh. It won’t be easy to take down the 49ers’ vaunted defense, but this is not Aaron Rodgers’ first rodeo.

Despite beating the Seahawks, the Packers’ Super Bowl odds have held firm at +650. The 49ers’ chances improved from +290 to +165 after dispatching the Vikings.

For more pro football betting content, head over to our NFL page.

Odds to Win Super Bowl 54
Kansas City Chiefs+135
San Francisco 49ers+165
Tennessee Titans+600
Green Bay Packers+650

Odds as of January 17 at Bovada

How to Bet on Super Bowl Odds

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 a Futures Bet for NFL?

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 would look something like this:

New England Patriots +240

New Orleans Saints +550

Green Bay Packers +900

Kansas City Chiefs +950

San Francisco 49ers +1000

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