Super Bowl Odds 2025: 49ers, Chiefs Still Favored as NFL Draft Nears
The Kansas City Chiefs may have secured consecutive Lombardi Trophies, but the San Francisco 49ers are the favorites in the early 2025 Super Bowl odds from our best Super Bowl betting sites.
Hoping, dreaming, and hugging. The NFL draft on April 25-27 is set to be filled with plenty of all three, and the Super Bowl odds at our best sports betting sites will surely shuffle along the way.
Caleb Williams is expected to be the first overall pick to the Chicago Bears by the NFL draft odds, with the likes of Jayden Daniels, Drake Maye, and Marvin Harrison Jr. following shortly after. The Williams pick is no doubt baked into the Bears' Super Bowl odds already, but other teams could rise and fall notably.
Training camp injuries and roster decisions could impact the odds before the season kicks off in September, too. But for now, the San Francisco 49ers and Kansas City Chiefs - with NFL MVP odds favorite Patrick Mahomes leading the way - sit atop the board.
Here are the early 2025 Super Bowl odds from our best NFL betting sites with our NFL picks.
2025 Super Bowl odds
(Super Bowl odds updated April 23)
| Team | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Chiefs | +550 ❄️ | +600 | +650 🔥 | +625 | +600 |
| 49ers | +600 | +550 | +600 | +550 | +500 ❄️ |
| Ravens | +900 | +950 | +900 | +950 | +900 |
| Lions | +1200 | +1300 🔥 | +1200 | +1200 | +1200 |
| Bills | +1200 | +1300 | +1400 | +1400 | +1200 |
| Bengals | +1300 | +1300 | +1400 🔥 | +1300 | +1300 |
| Texans | +1600 | +1600 | +1400 | +1200 ❄️ | +1600 |
| Eagles | +1700 | +1600 | +1600 | +1700 | +1600 |
| Cowboys | +1700 | +1500 | +1800 🔥 | +1700 | +1400 ❄️ |
| Packers | +1900 | +1900 | +2000 | +2000 | +1900 |
2025 Super Bowl Favorites
49ers (+600 via DraftKings)
The Niners have been regularly dominant during the Kyle Shanahan era. They've won the NFC West in three of the past five seasons and advanced to at least the NFC Championship Game four times since 2019.
The core contributors to the league's third-ranked offense (29 points per game) are all locked up, and a deep defensive front can sustain the losses of Arik Armstead, Javon Kinlaw, and potentially Chase Young. The Niners are well-positioned to remain a juggernaut.
Chiefs (+650 via BetMGM)
So long as Mahomes is at the helm of this organization, the Chiefs will have a chance.
Mahomes won his second consecutive Super Bowl MVP Award in 2024 as the Chiefs took their second straight Super Bowl. Pieces around Mahomes will undoubtedly shuffle this offseason, but he reportedly worked with the team to reduce his cap hit to help ensure sustained success.
The AFC crown is Kansas City's until we see otherwise. The team already retained pass-rusher Chris Jones with a megadeal and added receiver Hollywood Brown via free agency.
Ravens (+900 via BetMGM)
There's a playoff hump the Ravens still need to clear, and winning consistently with an athletic marvel at quarterback before falling short in the postseason is surely getting maddening.
However, reigning MVP Lamar Jackson still powers a team that's made the playoffs in five of the past six seasons, winning the AFC North twice. The offense could be even more dynamic in 2024 after the team signed star running back Derrick Henry, whose 8,268 rushing yards since 2018 lead the NFL over that time.
Roster attrition has still impacted Baltimore, with Patrick Queen signing with the Pittsburgh Steelers, Gus Edwards with the Los Angeles Chargers, and Geno Stone with the Cincinnati Bengals, joining Kevin Zeitler and Jadeveon Clowney departed, too. But the core of a team that consistently puts itself in a position to contend will return.
Now the Ravens and Jackson need to shake their playoff demons.
Team to watch: Texans (+1600 via DraftKings)
The Texans were the major movers earlier in the offseason, rising toward being favorites thanks to the Stefon Diggs trade.
Houston will now feature the wide receiver trio of Diggs, Nico Collins, and Tank Dell, and it also added running back Joe Mixon this offseason. Reigning NFL Offensive Rookie of the Year C.J. Stroud will get more weapons than he knows what to do with, and the Texans could finish the season as the league's highest-scoring team.
These odds might be hovering around Ravens territory in a few months once the hype really sets in for Houston.
Super Bowl odds for all 32 teams
Previous 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 opening odds over time
| Team | Odds on Feb. 11 | Odds on March 1 | Odds on April 1 |
|---|---|---|---|
| 49ers | +500 | +500 | +550 |
| Chiefs | +750 | +650 | +650 |
| Ravens | +850 | +900 | +900 |
| Bills | +1200 | +1200 | +1200 |
| Lions | +1200 | +1200 | +1200 |
| Bengals | +1400 | +1400 | +1400 |
| Eagles | +1600 | +1600 | +1600 |
| Cowboys | +1600 | +1600 | +1800 |
| Packers | +2500 | +2200 | +2000 |
| Texans | +2500 | +2500 | +2000 |
NFL key dates 2024
- April 25-27: NFL draft, Detroit, Mich.
- May : Deadline for clubs to exercise fifth-year option for players from 2021 draft
- May 3-6: Clubs may elect to hold three-day post-draft rookie minicamps
Super Bowl FAQs
Who is the Super Bowl favorite?
The San Francisco 49ers are the 2025 Super Bowl favorites with odds of about +550. That implies a win probability of 15.38%.
Who won the Super Bowl last year?
The Kansas City Chiefs won Super Bowl 58 defeating the San Francisco 49ers 25-22 in overtime. It was their second straight Super Bowl win.
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 the 2025 Super Bowl
Fox will broadcast Super Bowl 59 nationally.
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 | Read our Caesars Review
- BetMGM Bonus Code: SBRBONUS | Read our BetMGM Review
- bet365 Bonus Code: SBRBONUS | Read our bet365 Review
- BetRivers Promo Code: SBRBONUS | Read our BetRivers Review
- FanDuel Promo Code | Read our FanDuel Review
- DraftKings Promo Code | Read our DraftKings Review
(21+. Gambling Problem? Call 1-800-GAMBLER)
* Bonuses not applicable in Ontario.
Related pages
- Best Sports Betting Sites | Best Sportsbook Promos (U.S. only)
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