Super Bowl Odds 2025: Chiefs, Ravens Separate From 49ers as Favorites
The Baltimore Ravens are the biggest threat to the Kansas City Chiefs' three-peat bid by the latest Las Vegas Super Bowl odds entering the NFL's Week 8.
The Chiefs head to Las Vegas next week as the Super Bowl 59 favorites after a 28-18 win in San Francisco over the previous NFC favorites. The Ravens throttled the Tampa Bay Buccaneers, 41-31, on Monday Night Football to move past the 49ers and right behind the Chiefs.
Andy Reid's team left its last trip to Vegas with a second straight Lombardi Trophy, and our best Super Bowl betting sites give them a 19.05% chance of pulling off a historic three-peat on February 9 in New Orleans.
Here's a look at the latest 2025 Super Bowl odds and favorites as we look ahead to the NFL Week 8 odds.
Super Bowl odds 2025
Super Bowl odds from our best sports betting sites; last updated Oct. 22 and subject to change.
Super Bowl favorites
| Team | Odds (BetMGM) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Chiefs | +425 | 19.05% | $42.50 |
| Ravens | +600 | 14.29% | $60 |
| Lions | +750 | 11.76% | $75 |
| 49ers | +900 | 10% | $90 |
| Bills | +1000 | 9.09% | $100 |
| Packers | +1400 | 6.67% | $140 |
| Vikings | +1400 | 6.67% | $140 |
| Texans | +1500 | 6.25% | $150 |
| Eagles | +1600 | 5.88% | $160 |
- Chiefs (+425): Kansas City is the lone unbeaten team after a double-digit win in San Francisco behind three interceptions of Brock Purdy
- Ravens (+600): Baltimore sits behind only the Chiefs after demolishing the Buccaneers on Monday Night Football
- 49ers (+900): Another loss to Kansas City drops the Niners below .500, and they could be without Brandon Aiyuk (ACL) for the rest of the season
- Lions (+750): A gutsy win in Minnesota has Detroit back on top in the NFC North and into the top four in the title odds
- Bills (+1000): The trade for Amari Cooper immediately paid dividends for Buffalo in a blowout win over the Titans to move to 5-2
Bonus bets will expire in 7 days. One new customer offer only. Additional terms and conditions apply.
Super Bowl contenders
| Team | Odds (BetMGM) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Bengals | +2500 | 3.85% | $250 |
| Steelers | +3000 | 2.23% | $300 |
| Falcons | +3500 | 2.78% | $350 |
| Commanders | +3500 | 2.78% | $350 |
| Bears | +4000 | 2.44% | $400 |
| Seahawks | +4500 | 2.17% | $450 |
| Buccaneers | +4500 | 2.17% | $450 |
| Cowboys | +5000 | 1.96% | $500 |
| Chargers | +5000 | 1.96% | $500 |
| Jets | +5000 | 1.96% | $500 |
- Commanders (+3500): Washington's title odds keep getting shorter with each passing win, this one a 40-7 beatdown over the Panthers
- Falcons (+3500): Atlanta was one of the biggest fallers this week after getting blown out by the Seahawks, but injuries to the rival Buccaneers improved the Falcons' outlook
- Jets (+5000): New York's odds shortened after trading for Davante Adams but lengthened considerably after a Sunday night loss to the Steelers
Super Bowl long shots
| Team | Odds (BetMGM) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Broncos | +8000 | 1.23% | $800 |
| Colts | +10000 | 0.99% | $1,000 |
| Cardinals | +10000 | 0.99% | $1,000 |
| Dolphins | +12500 | 0.79% | $1,250 |
| Saints | +12500 | 0.79% | $1,250 |
| Rams | +15000 | 0.66% | $1,500 |
| Jaguars | +25000 | 0.40% | $2,500 |
| Raiders | +50000 | 0.20% | $5,000 |
| Browns | +75000 | 0.13% | $7,500 |
| Giants | +75000 | 0.13% | $7,500 |
| Titans | +75000 | 0.13% | $7,500 |
| Panthers | +100000 | 0.10% | $10,000 |
| Patriots | +100000 | 0.10% | $10,000 |
- Broncos (+8000): Denver survived a 16-for-26 night from rookie QB Bo Nix to beat the Saints and improve to 4-3, but this team looks nothing like a Super Bowl threat
- Saints (+12500): Injuries can take their fair share of the blame but this is not the team that started the season 2-0 as an offensive juggernaut
- Browns (+75000): Deshaun Watson is out for the year after an Achilles injury; can a backup QB save the season for Cleveland after a 1-6 start?
2025 Super Bowl favorites
Chiefs (+425)
There's a reason I highlighted the Chiefs in my preseason Super Bowl predictions and have continued to express faith in their title outlook all season long: they have so many ways to win.
Kansas City is tied for sixth in point differential (+43) through seven weeks, but it sits a perfect 6-0 for the third time in franchise history (2003, 2013) after beating the 49ers by 10 points in a title rematch.
Four of those wins came in the final minute, though Sunday's victory was the most impressive of the season as the defense forced Brock Purdy into three interceptions:
That comes a year after the Chiefs limped through the regular season before sprinting to the finish line in typical champion form.
You won't win kudos from your friends for betting on the Chiefs, but you're still more likely to cash your bet on them than any other team in the NFL. We've seen that ring true each of the last two seasons with a similar cast of characters.
This group isn't as healthy as the last two, especially on offense, but I trust Mahomes to find his safety valve in the postseason and ride that to victory. If that happens, a $10 bet at FanDuel would return a $45 profit.
Best odds: +450 via FanDuel | Implied probability: 18.18%
New customers only. Deposit min. $5. Place first bet of $5+ and win $300 in Bonus Bets (within 72 hours).
Ravens (+600)
Three weeks ago, the Ravens were dealing at +1400 even after blasting the Dallas Cowboys on the road. Then they beat the Bills and Bengals in consecutive weeks to cement their worth in the AFC and take the second spot in the Super Bowl odds.
Their latest triumph was a resounding 41-31 victory over the Tampa Bay Buccaneers on Monday Night Football. QB Lamar Jackson became the NFL MVP odds favorite with his prime-time performance.
Another big week for Derrick Henry (182 yards, 1 TD) should concern the rest of the NFL, as this Baltimore offense looks like a well-oiled machine after tearing up the league a season ago without its prized new free-agent back.
At this point, a $10 bet would return $60 in profit if the Ravens finally win it all with their dynamic QB.
Best odds: +600 via BetMGM | Implied probability: 14.29%
49ers (+750)
As if losing a title rematch wasn't enough for the Niners, they also likely lost Brandon Aiyuk (ACL) for the season after he went down with injury in Sunday's 28-18 loss to the Chiefs.
With Christian McCaffrey (Achilles) still facing an uncertain timeline to return and Deebo Samuel leaving Sunday's game due to illness, the 49ers are running out of weapons offensively. And we saw the result of that in Week 7 in one of Purdy's worst games as a pro.
We'll see better days from San Francisco than we did on Sunday, but the truth remains that this group is under .500 more than one-third the way through the season with two of its best offensive players on the sidelines.
Regardless, the best sports betting apps seem undeterred while still pricing the 49ers among the favorites to win it all. And it's easy to understand why given this team's penchant for deep playoff runs under Kyle Shanahan.
If they turn things around and finally win it all, a $10 bet at DraftKings would return a $120 profit. At that price, I'd be tempted to buy low.
Best odds: +1200 via DraftKings | Implied probability: 12.50%
My Super Bowl pick to watch
Bengals (+2500)
As the field narrows more than one-third of the way through the season, the market is coalescing around nine primary contenders.
The Bengals aren't included in that group, even though Joe Burrow remains the only active quarterback to beat Patrick Mahomes in the postseason.
He's quietly thrown 14 touchdowns with two interceptions over the last six weeks, and Cincinnati's defense (and special teams) looks better as of late, too.
The Bengals' schedule is incredibly favorable over the rest of the regular season, and they remain one of the favorites to clinch a wild-card spot by the latest NFL playoff odds.
Don't be scared off by the initial 1-4 start; this is one of the better teams in the NFL when considering Super Bowl upside, and a $10 bet now could turn into a nice $280 reward in February.
Best odds: +3000 via BetMGM | Implied probability: 3.23%
Vegas Super Bowl odds
Vegas Super Bowl odds from Circa Sports; last updated Oct. 20.
| Team | Odds (Circa) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Chiefs | +475 | 17.39% | $47.50 |
| Ravens | +550 | 15.38% | $55 |
| 49ers | +625 | 13.79% | $62.50 |
| Bills | +1000 | 9.09% | $100 |
| Texans | +1050 | 8.70% | $105 |
| Lions | +1100 | 8.33% | $110 |
| Vikings | +1100 | 8.33% | $110 |
| Packers | +1300 | 7.14% | $130 |
| Eagles | +1900 | 5.00% | $190 |
The best sportsbooks in Las Vegas have the same consensus view as the rest of the market: it's Kansas City and then everyone else.
Only nine teams feature betting odds shorter than 25/1 at Circa Sports, and none have shorter odds than the two-time Super Bowl champions.
The Chiefs are priced just ahead of the Ravens, whom they beat in last year's AFC Championship and again in Week 1.
The most notable difference between Vegas' odds and elsewhere entering Week 7? Circa has the Packers at +1300 even with their title price as high as +2000.
That suggests that folks in the desert have been laying big wagers on Jordan Love and Co., and it's easy to see why with the way the QB is playing.
AFC championship odds
The Chiefs are still the team to beat in the AFC after a perfect 6-0 start. The Ravens are right behind them after four straight wins, while the Bills loom after trading for Amari Cooper.
(AFC Conference odds via BetMGM)
| Team | Odds |
|---|---|
| Chiefs | +210 |
| Ravens | +280 |
| Bills | +500 |
| Texans | +550 |
| Bengals | +1400 |
| Steelers | +1600 |
| Jets | +2500 |
| Chargers | +2500 |
| Colts | +4000 |
| Dolphins | +5000 |
| Broncos | +5000 |
| Jaguars | +15000 |
| Browns | +50000 |
| Titans | +25000 |
| Raiders | +25000 |
| Patriots | +50000 |
NFC championship odds
The NFC feels wide open after four weeks.
The 49ers are no longer the favorites with a below .500 record, while the Lions and Eagles each face their own major concerns. The Vikings might be the best team in the conference after a 5-1 start.
(NFC Conference odds via BetMGM)
| Team | Odds |
|---|---|
| Lions | +400 |
| 49ers | +450 |
| Vikings | +600 |
| Eagles | +700 |
| Packers | +700 |
| Falcons | +1200 |
| Cowboys | +1600 |
| Commanders | +1600 |
| Buccaneers | +1800 |
| Bears | +2000 |
| Seahawks | +2500 |
| Saints | +6600 |
| Cardinals | +8000 |
| Rams | +5000 |
| Giants | +25000 |
| Panthers | +50000 |
How to bet on the Super Bowl
Betting into the Super Bowl market is one of the most popular but challenging things to do successfully as a sports bettor. You have to carefully consider a mix between a team's viability in the regular season and its aptitude for the postseason.
First, you need to consider a team's ability to make the playoffs, which feature seven teams in each conference with a first-round bye for the No. 1 seed. That last part is key - the top seed in each conference routinely reaches (and wins) the Super Bowl, so betting on an elite regular-season team is a solid way to succeed in this market.
That said, a team's postseason success tends to be highly correlated to quarterback play, coaching, and elite defense. That's been the formula for decades, and while a top-flight defense is perhaps the least important of those three, there are only so many franchise quarterbacks and championship-level coaches around.
That's why the Kansas City Chiefs, led by Patrick Mahomes and Andy Reid, have won two straight Super Bowls and three of the last five. It's also why most Super Bowl winners tend to enter the season with odds shorter than 10/1, as the teams with those key elements in place are the ones you can expect to survive through February.
How to read Super Bowl odds
A crucial step to betting on the Super Bowl is understanding how the odds work. Put simply, American odds represent how much money you would win on a $100 wager - or, in some cases, how much money you would need to wager to return $100.
Let's refer to an example. The Kansas City Chiefs opened with +750 odds to win the 2025 Super Bowl. That means a $100 bet at those odds would return $750 in profit, or a $10 bet would return $75 in profit. You could even bet $1 for a $7.50 return if Kansas City does indeed win its third consecutive championship this February.
A team like the Houston Texans, which opened at +2500 odds, would return a whopping $2,500 in profit if they win their first Super Bowl. Of course, those odds suggest they are much less likely to do so, as those +2500 odds represent an implied probability of just 3.85% according to our odds converter.
As we get closer to the Big Game, you may see a team dealing at "negative" odds. For example, the San Francisco 49ers were priced at -125 ahead of Super Bowl 58, meaning you would need to bet $125 to win $100, or $12.50 to win $10.
You'll want to be careful staking too much on bets with minus odds, as what can seem like a "sure thing" is always vulnerable to the chaos and unpredictability of sports.
Super Bowl preseason odds for all 32 teams
| Team | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Chiefs | +500 | +550 | +500 | +575 | +550 |
| 49ers | +600 | +600 | +600 | +625 | +550 |
| Ravens | +1000 | +1100 | +1000 | +900 | +900 |
| Lions | +1200 | +1200 | +1200 | +1000 | +1200 |
| Bengals | +1300 | +1500 | +1300 | +1300 | +1200 |
| Eagles | +1400 | +1300 | +1200 | +1300 | +1400 |
| Bills | +1600 | +1700 | +1600 | +1700 | +1200 |
| Texans | +1600 | +1500 | +1600 | +1300 | +1600 |
| Packers | +1800 | +1800 | +1600 | +1700 | +1600 |
| Jets | +1900 | +1800 | +2000 | +1700 | +1800 |
| Cowboys | +1900 | +1800 | +2000 | +1600 | +1600 |
| Dolphins | +2200 | +2200 | +2500 | +2500 | +2500 |
| Rams | +3000 | +3000 | +3000 | +2500 | +3000 |
| Falcons | +3000 | +2600 | +3000 | +2800 | +2500 |
| Bears | +3500 | +3500 | +3500 | +3500 | +3000 |
| Browns | +4000 | +3500 | +4000 | +4000 | +4000 |
| Chargers | +4500 | +4000 | +4000 | +3500 | +3500 |
| Steelers | +5000 | +5000 | +5000 | +4500 | +4000 |
| Jaguars | +5000 | +4500 | +5000 | +4500 | +4500 |
| Seahawks | +6500 | +5500 | +6600 | +8000 | +6600 |
| Colts | +7500 | +5500 | +8000 | +6000 | +6000 |
| Buccaneers | +8000 | +6500 | +8000 | +9000 | +6600 |
| Vikings | +8000 | +8000 | +10000 | +8000 | +8000 |
| Cardinals | +10000 | +8000 | +12500 | +12500 | +10000 |
| Saints | +10000 | +10000 | +10000 | +10000 | +8000 |
| Raiders | +10000 | +10000 | +15000 | +6000 | +8000 |
| Commanders | +12000 | +12000 | +15000 | +15000 | +12500 |
| Titans | +15000 | +15000 | +15000 | +15000 | +15000 |
| Giants | +20000 | +15000 | +20000 | +20000 | +10000 |
| Broncos | +20000 | +25000 | +15000 | +15000 | +12500 |
| Panthers | +25000 | +25000 | +25000 | +20000 | +25000 |
| Patriots | +35000 | +30000 | +30000 | +27500 | +15000 |
Past Super Bowl winners
| Year | Team | Preseason odds |
|---|---|---|
| 2024 | Chiefs | +600 |
| 2023 | Chiefs | +900 |
| 2022 | Rams | +1200 |
| 2021 | Buccaneers | +1000 |
| 2020 | Chiefs | +600 |
| 2019 | Patriots | +600 |
| 2018 | Eagles | +4000 |
| 2017 | Patriots | +600 |
| 2016 | Broncos | +900 |
| 2015 | Patriots | +650 |
Super Bowl wins and appearances by team
| Team | Appearances | Wins |
|---|---|---|
| Patriots | 11 | 6 |
| Steelers | 8 | 6 |
| 49ers | 8 | 5 |
| Cowboys | 8 | 5 |
| Broncos | 8 | 3 |
| Chiefs | 6 | 4 |
| Giants | 5 | 4 |
| Packers | 5 | 4 |
| Commanders | 5 | 3 |
| Raiders | 5 | 3 |
Super Bowl FAQs
Who is the Super Bowl favorite?
The Kansas City Chiefs are the 2025 Super Bowl favorites with market-best +450 odds, which imply an 18.18% chance they hoist a third straight Lombardi Trophy.
Who won the Super Bowl last year?
The Kansas City Chiefs won Super Bowl 58, defeating the San Francisco 49ers in a 25-22 overtime thriller to win their second straight Lombardi Trophy.
When will the 2025 Super Bowl be played?
Super Bowl 59 will be played on Feb. 9, 2025.
Where will the 2025 Super Bowl be played?
The 2025 Super Bowl will take place at the Caesars Superdome in New Orleans, La.
How to watch Super Bowl 2025
FOX will broadcast Super Bowl 59 nationally on Feb. 9, 2025. While kickoff is yet to be announced, it will likely take place around 6:30 p.m. ET.
Who has the most Super Bowl wins?
The New England Patriots and Pittsburgh Steelers have won six Super Bowls, tied for the most.
Who has the most Super Bowl appearances?
The New England Patriots have made it to the Super Bowl 11 times, the most of any team.
When was the first Super Bowl?
The first Super Bowl occurred in 1967 after the NFL and AFL merged.
Which team won the first Super Bowl?
The Green Bay Packers won Super Bowl I, defeating the Kansas City Chiefs by a score of 35-10.
How many teams haven't won the Super Bowl?
Twelve teams have never won the Super Bowl. That list includes:
- Arizona Cardinals
- Atlanta Falcons
- Buffalo Bills
- Carolina Panthers
- Cincinnati Bengals
- Cleveland Browns
- Detroit Lions
- Houston Texans
- Jacksonville Jaguars
- Los Angeles Chargers
- Minnesota Vikings
- Tennessee Titans
Super Bowl betting odds pages
Don't miss our all of our other NFL futures.
Here are our best Super Bowl betting sites:
- Caesars Promo Code: SBRBONUS1000
- BetMGM Bonus Code: SBRBONUS
- bet365 Bonus Code: SBRBONUS
- FanDuel Promo Code
- DraftKings Promo Code
- Hard Rock Bet Promo Code
- Fanatics Sportsbook Promo Code
(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.
Not intended for use in MA.
Each betting site featured on SBR has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
Related Articles
