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Patrick Mahomes #15 of the Kansas City Chiefs celebrates after defeating the San Francisco 49ers as we look at the Super Bowl odds
Patrick Mahomes #15 of the Kansas City Chiefs celebrates after defeating the San Francisco 49ers 25-22 in overtime. Photo by Jamie Squire/Getty Images via AFP.

The Kansas City Chiefs may have secured back-to-back Lombardi Trophies, but the San Francisco 49ers are the favorite in the early 2025 Super Bowl odds from our best Super Bowl betting sites.

Some of the biggest names in the NFL are headed elsewhere for the 2024-25 season, and free agency has already shaken up the 2025 Super Bowl odds. We're now in the middle of annual league meetings, and rule changes are coming down the pipe.

The new league year kicked off on March 13, and with it comes familiar names in new places as teams load up for a Super Bowl run. The next moves may be coming on April 25 when the draft gets underway and Super Bowl odds at our best sports betting sites may jostle ahead of training camps starting in July.

While the San Francisco 49ers and Kansas City Chiefs - led by NFL MVP odds favorite Patrick Mahomes - sit atop the oddsboard, new additions across the league have already shifted the odds. The Philadelphia Eagles bringing in running back Saquon Barkley and the Atlanta Falcons adding QB Kirk Cousins are the most noteworthy additions thus far.

Here are the early 2025 Super Bowl odds from our best NFL betting sites with our NFL picks.

Super Bowl odds 2025

(Super Bowl odds updated March 25)

TeamDraftKingsFanDuelBetMGMCaesarsbet365
49ers+550+500+550+550+500
Chiefs+600 +650+650+650+600
Ravens+900 +900 +900+900+900
Bills+1100 +1200 +1200+1000 ❄️+1200
Lions+1200 +1300 🔥+1200+1200+1200
Bengals+1300+1500 🔥+1400+1200 ❄️+1400
Eagles+1700 +1600 +1600+2000 🔥+1800 
Cowboys+1700+1300 ❄️+1800 +1800 +1400
Dolphins+1900 ❄️  +2300  +2500 🔥 +2000+2200
Packers+1900 +2200+2000+1800 ❄️+2200

Who is the 2025 Super Bowl favorite?

49ers (+550 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 FanDuel)

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 as the Chiefs won 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 championship is theirs until we see otherwise. The team already retained pass rusher Chris Jones with a megadeal and added receiver Hollywood Brown via free agency.

Super Bowl odds 2025: Contender

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 are the most by any player in the NFL.

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. More difficult decisions still lie ahead, too, with the likes of Kevin Zeitler and Jadeveon Clowney hitting free agency. 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.

Super Bowl odds 2025: Long shot

Falcons (+4000 via Caesars)

A new coach and quarterback can change everything, and that's just what the Atlanta Falcons are hoping for heading into the 2024-25 season. After hiring Los Angeles Rams defensive coordinator Raheem Morris as head coach, owner Arthur Blank opened his checkbook and signed former Minnesota Vikings signal-caller Kirk Cousins to a four-year, $180 million deal.

While Cousins tore his Achilles eight games into last season, the 35-year-old is coming off arguably the best three-year stretch of his career. He joins a Falcons offense stockpiled with playmakers like running back Bijan Robinson and wide receiver Drake London, and a veteran offensive line in place. Maybe most importantly is Morris' offensive coordinator hire of Zac Robinson. The former Oklahoma State quarterback is a Sean McVay disciple and will run a scheme Cousins is familiar with, having played for Kevin O'Connell and Kyle Shanahan.

Perhaps swinging on a team with a whole new staff and a mid-30s quarterback coming off a major injury is bold, but the Falcons have talent and play in the lowly NFC South. Atlanta has already seen its odds shift from +3500 or longer to as short as +2500 at DraftKings. Of our best sports betting sites, Caesars is the only one offering odds longer than +3000.

Super Bowl odds 2025: Fade

Eagles (+2000 via Caesars)

If Cousins joining the Falcons was the biggest move of the offseason thus far, the Eagles giving Barkley a three-year, $37.7 million deal has to be the most shocking. Eagles general manager Howie Roseman has long been known for devaluing running backs and he just helped hand out the second-highest per-year average to a running back in NFL history ($15.833M).

The addition of Barkley, and former New York Jets pass rusher Bryce Huff, has already had an impact at some of our best sports betting apps with the Eagles' odds shortening to +1600 at FanDuel and BetMGM. While Barkley joining Philly is a huge move, the Eagles got Pro Bowl production out of D'Andre Swift last season. With Swift off to the Chicago Bears, how much bigger of an impact can Barkley make for this Eagles team?

The NFC East is set to be even more competitive this season - with the Dallas Cowboys among the Super Bowl favorites, the Washington Commanders set to draft a QB at No. 2, and the New York Giants likely healthier - making it a tougher road to the Super Bowl for the Eagles than the previous two seasons. 

Super Bowl odds for all 32 teams

TeamDraftKingsFanDuelBetMGMCaesarsbet365
49ers+550 +500+550+550+500
Chiefs+600 +650+650+650+600
Ravens+900 +900 +900+900+900
Bills+1100 +1200 +1200+1000 ❄️+1200
Lions+1200 +1300 🔥+1200+1200+1200
Bengals+1300+1500 🔥+1400+1200 ❄️+1400
Eagles+1700 +1600 +1600+2000 🔥+1800 
Cowboys+1700+1300 ❄️+1800+1800 +1400
Packers+1900 +2200+2000+1800 ❄️+2200
Dolphins+1900 ❄️+2300 +2500 🔥+2000+2200
Jets+2200 ❄️+2800   +2800+2500+2800
Falcons+2200 ❄️+3000   +3000+4000 🔥+2800
Texans+2500 🔥+2000 +2000+2200+2000
Chargers+3000+4000 🔥+3000+2500 ❄️+3500
Bears+3000 ❄️  +4000+4000+4000 +4000 
Rams+3500+3200 +3000+3500 +3000
Jaguars+4000+4000+4000+3500 ❄️+4000 
Browns+4000+4000   +4000+4000+3500 ❄️
Steelers+5000+6000 +5000 +7000 +4000 ❄️
Colts+6000   +5000+6600 🔥+5000+5000
Buccaneers+7500 🔥  +5500+6600+7000+5000 ❄️
Seahawks+7500 +7500+6600+7000+6600
Saints+8000+8500 🔥+8000   +8000+8000 
Vikings+8000+8500 🔥+8000+5000 ❄️+6600
Commanders+10000 ❄️  +15000 +15000 +12500+12500 
Cardinals+10000+10000 +10000   +8000+8000 
Giants+10000+10000 +15000 🔥+8000 ❄️+10000 
Raiders+10000 🔥  +8000+8000+8000+8000
Broncos+12000+15000 🔥+10000 +10000 +10000
Titans+15000+13000 ❄️+15000 +15000+15000
Patriots +15000+17000 🔥+12500+12500+15000
Panthers+25000+30000 🔥+25000+25000 +25000

Super Bowl odds over time

There hasn't been much shifting atop the 2025 Super Bowl odds at our best sports betting sites as of yet. The Eagles and Falcons have seen the most movement.

More line movement will surely come as teams continue to attack free agency and the 2024 NFL Draft inches closer. Teams that sit atop the NFL draft odds could move a little depending on how their rosters fill out in the coming weeks. 

The most notable moves up top right now are connected to the two favorites, with the 49ers' odds lengthening very slightly at some of our best sportsbooks, and the Chiefs doing the same in the opposite direction. The Miami Dolphins and Green Bay Packers have similarly seen modest movement, with the Dolphins' odds lengthening and the Packers' shortening.

Super Bowl opening odds

TeamOdds
49ers+500
Chiefs+750
Ravens+850
Bills+1200
Lions+1200
Bengals+1400
Cowboys+1600
Eagles+1600
Dolphins+2000
Packers+2500
Texans+2500
Chargers+2500
Jaguars+3000
Rams+3000
Jets+3000
Bears+4000
Vikings+4000
Falcons+5000
Browns+5000
Colts+5000
Saints+6600
Cardinals+8000
Raiders+8000
Seahawks+8000
Buccaneers+8000
Broncos+10000
Steelers+10000
Giants+15000
Titans+15000
Commanders+15000
Patriots+20000
Panthers+25000

NFL key dates 2024

  • March 24-27: Annual league meeting
  • April 1: Clubs that hired a new coach may begin offseason workouts
  • April 15: All clubs may begin offseason workouts
  • April 17: Deadline for clubs to visit draft-eligible players at club facility
  • April 19: Deadline for restricted free agents to sign offer sheets
  • 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

Recent Super Bowl winners

YearTeamPreseason odds
2024Kansas City Chiefs+600
2023Kansas City Chiefs+900
2022Los Angeles Rams+1200
2021Tampa Bay Buccaneers+1000
2020Kansas City Chiefs+600
2019New England Patriots+600
2018Philadelphia Eagles+4000
2017New England Patriots+600
2016Denver Broncos+900
2015New England Patriots+650
2014Seattle Seahawks+800
2013Baltimore Ravens+1800

Super Bowl betting analysis

The 49ers and Chiefs are far ahead up top. They're generally listed between +500 and +650 before a sizeable dropoff to the Ravens at +900. The gap between the top tier and the rest is shown further when we zoom out a little and see that only three teams are commonly listed below +1000.

There's plenty of consensus throughout the field, though FanDuel is offering three standalone best prices in the top 10. If it's a long shot you seek, the only note for now is to steer far away from Caesars. That book is posting eight of the worst prices across all 32 teams, three of which come in the middle tier.

Super Bowl FAQs

Who is the Super Bowl favorite?

The San Francisco 49ers are the 2025 Super Bowl favorites with odds of +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:

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