Super Bowl Odds
Tracking The Super Bowl 57 Betting Odds
After the dust settled in SoFi stadium at the end of Super Bowl LVI, the Los Angeles Rams were crowned NFL Champions. They were able to earn that honor on their home field. Leading up to Super Bowl LV, that had never happened in 54 Super Bowls. Now it has happened in consecutive years with the Rams following up on the Buccaneers win on their home field.
Super Bowl LVII Potential Home Field Advantage
Now that teams have won the Super Bowl on their home field in consecutive years, it certainly warrants a look ahead to see which team has that opportunity in 2023. That team is the Arizona Cardinals. Super Bowl LVII will be played at State Farm Stadium in Glendale, Arizona. The Super Bowl comes to Phoenix for the fourth time.
The Cardinals are the team that will have the opportunity to win a championship on their home field. On the surface, oddsmakers do not believe that to be a likely scenario. The Cardinals are +2000 on Sportsbooks such as BetMGM and DraftKings. There is even more value to be had on the Cardinals at Caesar’s, where they sit at +2500. Do not be deterred by the wider betting line if you believe in that outcome. It was just this past year the Rams sat at +2000 in nearly identical fashion.
With COVID protocols appearing to be a thing of the past, we should have a return to normalcy in the 2022 NFL season. After a couple of oddball seasons, we should have few to no worries on player availability when it comes to mild to moderate illness. The Combine took place sans restrictive protocols and we are on the same path for the draft.
Teams To Look At To Win Super Bowl LVII
When looking at betting odds for Super Bowl LVII, oddsmakers and bettors alike believe the champion will come from the AFC. There are just two teams with betting lines inside of +1000, and those are the Kansas City Chiefs and the Buffalo Bills. Those two AFC powerhouses sit at +750. An AFC Championship Game between these teams with the winner also winning the Super Bowl would be the least surprising outcome of Super Bowl LVII.
The next two teams are the Green Bay Packers and Los Angeles Rams. They bring some representation for the NFC atop the odds board. The Packers are hovering around +1000 while the Rams are in the +1100 to +1200 range. The Rams are the certainly the better value of the two.
Sticking with our AFC heavy betting odds, that is where the next two teams come from. The Cincinnati Bengals and Denver Broncos check in in the +1200 neighborhood. However it should be noted shopping sportsbooks could be important here. Using the Bengals as an example, some sportsbooks are offering a much higher return. In this case, DraftKings is offering the best value on the Bengals at +2200.
Rounding out the teams at the top of the odds board to win Super Bowl LVII, we have the Dallas Cowboys and San Francisco 49ers. Both of these teams are in the neighborhood of +1400 across the board. More importantly, they are better values than the Packers, who have the shortest odds of NFC teams.
Looking a bit farther down the board, there is one team presenting nice longer shot value. That is the Los Angeles Chargers, sitting at +2500 across the board. They will be another year into the progression of Justin Herbert. Herbert has a very strong chance to lead an elite offense in 2022.
ATS NFL Odds Explanation: Understanding Odds to Win the Super Bowl
Betting on the Super Bowl winner means placing a wager on the team that will win the Lombardi Trophy, not just go to the Super Bowl. Your team must be crowned the champion in the month of February.
No matter how long the odds seem, all 32 teams are going to be listed with a chance to win the Super Bowl until they are mathematically eliminated. As you can see, we have sorted the odds from shortest to longest.
The teams that had the most success the previous season, unless they experienced a good deal of personnel losses in the offseason, are going to be among the favorites. Super Bowl odds are up for the entire NFL season and will constantly be changing based on transactions, injuries, and, of course, wins and losses. As the playoff picture takes shape, the teams with an inside track on playoff berths are going to see their plus prices decrease. Losing teams will see their odds increase until eliminated form contention and ultimately taken off the board.
Any championship bet in any sport is a futures bet. That means that you can place the bet at any time and the sportsbook will hold your money until the outcome for that particular team is decided. If you pick the correct team to win the Super Bowl, your winnings will be available. If you did not pick the winner, then your bet will be graded a loser and no longer show as pending.
The beauty of our odds page here at ATS is that you can compare the Super Bowl odds across multiple sportsbooks in the industry. You never want to settle for +2000 when you could have +2500 or +4000 when you could have +5000. By seeing all of them side-by-side, you can see exactly which sportsbook you want to use in order to place your bet.
For the most part, up until there is a Super Bowl line with a favorite and an underdog, all teams are going to return plus prices. The plus and minus figures used at sportsbooks are based on a $100 wager. For example, +1000 would mean a 10:1 return on that $100 wager. If you turn the odds into a decimal, like turning +2800 into 28.00 or +750 into 7.5, you can calculate your potential payout very easily relative to your bet amount.