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Super Bowl 57 Odds: Chiefs Overtake Bills as Title Favorites

As the Bills and Josh Allen have floundered, the Chiefs and Patrick Mahomes have surged ahead — and finally overtook Buffalo as Super Bowl favorites after Week 12. Check out the full odds to win the Super Bowl below.

Last Updated: Nov 29, 2022 12:29 PM ET Read Time: 5 min
Travis Kelce Kansas City Chiefs NFL
Photo By - USA TODAY Sports

With at least a group of four trustworthy teams, the top of the Super Bowl odds board has settled a little, even while the rest of the league remains in flux... and is maybe just not very good.

The very top changed hands after Week 12, however, with the Bills' long-standing status as Super Bowl favorites no longer the case.

Week 13 is here, with the Chiefs the new favorite to win the Super Bowl. Ahead of this week's action, let's look at the full odds to win Super Bowl 57.

Super Bowl 57 odds

Here’s a look at the current odds and favorites to win the Big Game in Arizona on February 12, 2023.

Odds over time

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Super Bowl favorites

Kansas City Chiefs (+400)

Other than a hard-fought loss to the Bills in Week 6, the Chiefs have spent most of the last two months easily handling everyone in their path. Their complete games, combined with Patrick Mahomes' brilliance, has made them a compelling Super Bowl favorite. 

Buffalo Bills (+450)

Quarterback Josh Allen spent two months lighting the league on fire but nerves have gotten a little more prominent in Buffalo as of late. Allen's looked a little like his younger, mistake-prone self over the last several weeks and is carrying an elbow injury. 

Though Buffalo was able to string together two wins in four days — both in Detroit, oddly — it was displaced from atop the Super Bowl odds board. 

Philadelphia Eagles (+600)

The Eagles looked so good, so deep, and so complete on paper ahead of the season that it would seemingly come down to QB play. Well, Jalen Hurts is firmly in the Top 3 in NFL MVP odds, so it's fitting to see Philly's Super Bowl odds in the Top 3.  

Philly is currently the class of the NFC and, despite its loss to the Commanders, holds a comfortable lead in the hunt for conference supremacy — and the postseason bye that comes with it.

San Francisco 49ers (+625)

San Francisco is healthy again and got to trot out its quartet of Deebo Samuel, Brandon Aiyuk, George Kittle, and Christian McCaffrey for the first time in Week 10 — in a 22-16 win over the Chargers. The 49ers' newfound offensive depth shined on MNF in Week 11, as the Niners blew the Cardinals out. 

A shutout win over the Saints followed, and it is looking increasingly certain they're the Eagles' biggest challenger in the NFC.  

Dallas Cowboys (+900)

The Cowboys moved into the Top 5 after they took Minnesota's lunch money and pride in a 40-3 win, and another marvelous Dak Prescott showing on Thanksgiving has reinforced the Cowboys' status as a player in the NFC. 

Odds to win the Super Bowl: Top 10

Team Odds
Bills Buffalo Bills +400
Chiefs Kansas City Chiefs +400
Eagles Philadelphia Eagles +500
49ers San Francisco 49ers +600
Cowboys Dallas Cowboys +900
Dolphins Miami Dolphins +1,400
Ravens Baltimore Ravens +1,600
Vikings Minnesota Vikings +1,600
Bengals Cincinnati Bengals +1,800
Buccaneers Tampa Bay Buccaneers +2,200

Odds courtesy of bet365 as of November 29, 2022.

Super Bowl 57 point spread

The Super Bowl point spread is a market that is available all throughout the NFL season. Of course, we don't yet know which teams will play in the Big Game, but we can bet on which conference will win. 

After Week 8, the AFC is a 3-point favorite over the NFC with the total set at 49.5.

Latest Super Bowl game odds

-3 (-103) Spread +3 (-114)
-147 Moneyline +125
Over 49.5 (-109) Total Under 49.5 (-109)

Odds courtesy of Coolbet Canada

Early line movement

Those looking for an inside edge when betting the Super Bowl might want to follow the early line moves. Sharp professional players are most often the first ones to bet the Big Game odds the second they hit the board, and they’ve been right more often than they’ve been wrong in recent years.

Over the last 14 Super Bowls, the early money has been on the right side on 11 occasions (with one game resulting in a push).

Super Bowl Teams Opening Spread Early Move Closing Spread Early Money ATS
Bengals vs. Rams
Rams -3.5 Rams -4.5 Rams -4.5
(Rams) Loss
Chiefs vs. Buccaneers
Chiefs -3.5 Chiefs  -3 Chiefs -3
(Bucs) Win
54 Chiefs vs. 49ers Pick'em Chiefs -1 Chiefs -1.5  (Chiefs) Win
53 Patriots vs. Rams Patriots -1.5 Patriots -2 Patriots -2.5 (Patriots) Win
52 Patriots vs. Eagles Patriots -5.5 Patriots -3.5 Patriots -4.5 (Eagles) Win
51 Patriots vs. Falcons Patriots -3 Patriots -3 (-120) Patriots -3 (Patriots) Win
50 Broncos vs. Panthers Panthers -3.5 Panthers -4.5 Panthers -4.5 (Panthers) Loss
49 Patriots vs. Seahawks Patriots -1 No move Patriots -1 Draw
48 Broncos vs. Seahawks Pick'em Seahawks -1 Seahawks -1.5 (Seahawks) Win
47 49ers vs. Ravens 49ers -4 49ers -3.5 49ers -4.5 (Ravens) Win
46 Patriots vs. Giants Patriots -3.5 Patriots -3 Patriots -3 (Giants) Win
45 Packers vs. Steelers Packers -2 Packers -3 Packers -3 (Packers) Win
44 Colts vs. Saints Colts -3.5 Colts -6 Colts -4.5 (Colts) Loss
43 Steelers vs. Cardinals Steelers -6.5 Steelers -5.5 Steelers -6.5 (Cardinals) Win
42 Patriots vs. Giants Patriots -13 Patriots -11.5 Patriots -11.5 (Giants) Win

How to read Super Bowl odds

Sportsbooks release NFL futures odds pretty much as soon the confetti is falling to mark the end of the previous football season. There are many ways to wager on NFL futures, but picking the outright winner of the Super Bowl is definitely the most popular. During the offseason and preseason, you'll be able to get a nice plus-money price on basically any team in the NFL, as there is so much uncertainty around what will happen next year.

Super Bowl Futures odds will usually look like this:

  • Cincinnati Bengals +170

This means that on a $100 bet, you'll stand to win $170 should Joe Burrow win in his sophomore season. As San Francisco is the favorite, you will see a minus sign (-) ahead of its odds. 

  • Los Angeles Rams -200

This means that if you wagered on the 49ers at that price, you would need to bet $200 to profit $100 on Stafford & Co. winning the big one.

Of course, futures odds are a fluid market. They can change every day based on news, injuries, trades, etc. And they will certainly change based around big NFL events, such as free agency and the draft. For example, a devastating injury to a starting quarterback on any of the top teams in the league would likely cause them to plummet down the futures odds board.

All the odds seen above are in American format. Should you find decimal format or fractional format easier to read, simply convert the odds using our simple odds converter tool.

Learn more about how to bet on the Super Bowl with our comprehensive guide.

Where to bet on the Super Bowl

If you're in a state that allows mobile, or online betting, make sure you know which ones are the best Super Bowl betting sites. Great betting sites offer sharp odds, quick payouts and are safe and secure when it comes to depositing and withdrawing your money.

Super Bowl Odds FAQs

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