Super Bowl Odds 2025: Mahomes and Co. Tabbed as Early Favorites

With NFL Free Agency and the NFL Draft a thing of the past, NFL odds are on the move ahead of schedule release day on Wednesday! Join me as I break down which teams are favored to win Super Bowl 59 in 2025.

May 16, 2024 • 19:28 ET • 4 min read
Patrick Mahomes Kansas City Chiefs NFL
Photo By - USA TODAY Sports

With the NFL schedule officially set the Super Bowl odds are once again on the move. 

The Kansas City Chiefs will host the Baltimore Ravens on Thursday Night Football in a rematch of last year's AFC Championship game, while the Philadelphia Eagles and Green Bay Packers will play a Friday game in Sao Paulo, Brazil. 

Unsurprisingly, the NFL odds favor the Chiefs to defend their Lombardi Trophy, with the 49ers and Ravens hot on their heels. 

Let's break down the NFL futures for the 2025 Super Bowl, slated for Sunday, February 9, at the Caesars Superdome in New Orleans, Louisiana.

2025 Super Bowl odds

The Kansas City Chiefs are the Super Bowl 59 betting favorites with the San Francisco 49ers and Baltimore Ravens close behind in the latest NFL odds.

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2025 Super Bowl favorites

San Francisco 49ers

The San Francisco 49ers ultimately came up short against the Chiefs in Super Bowl 58 but they are still considered one of the league's elite and have the shortest odds to win Super Bowl 59. They added a really good wide receiver in Ricky Pearsall at the Draft which not only solves an immediate need but gives a glimpse into the future.

Kansas City Chiefs

Kansas City Chiefs are officially a dynasty with their second consecutive Super Bowl and third in five years. Still, they will enter the offseason behind the opponents they just vanquished in the 2025 Super Bowl odds. They are the first team in two decades to win back-to-back championships. However, no team has ever won three in a row. They did their best at the draft to keep the offense humming, adding speedy wide receiver Xavier Worthy to their collection of weapons for Patrick Mahomes to utilize. 

Baltimore Ravens

While Lamar Jackson & Co. ultimately disappointed in the AFC Championship, the Baltimore Ravens are one of the favorites to go all the way in 2025. Jackson just won his second NFL MVP award and the defense was among the league's elite. The addition of Derrick Henry will only bolster the league's top run-unit but there are lingering questions about the losses on the defensive side, with no notable replacements. 

On the Move: Chicago Bears

The Chicago Bears made very good use of their two Top 10 Draft picks by selecting Caleb Williams (No. 1) and Rome Odunze (No. 9). 

With the selections, the Bears odds have shortened from +4,500 to +4,000 to win the Super Bowl and while that may not seem like a massive jump, this Bears team finally has players that can give the franchise the jolt it needs to contend in the near future. 

Caleb Williams should see immediate success in the NFL, while Rome Odunze is about as consistent as they come. 

With a quality defense in tow, the Bears will be a tough matchup for anyone this season. 

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Super Bowl History

Early line movement

Those looking for an inside edge when betting on 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
Chiefs vs. 49ers
49ers -2.5 49ers -1 49ers -2
(Chiefs) Win
Chiefs vs. Eagles
Eagles -1.5 Eagles -2 Eagles -1
(Eagles) Loss
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

Previous Super Bowl Winners

Below we've listed all the Super Bowl winners since 2000 and their preseason odds.

Year Winner Preseason Odds
2023 Kansas City Chiefs +600
2022 Kansas City Chiefs +1,020
2021 Los Angeles Rams +1,200
2020 Tampa Bay Buccaneers +1,000
2019 Kansas City Chiefs +600
2018 New England Patriots +600
2017 Philadelphia Eagles +4,000
2016 New England Patriots +600
2015 Denver Broncos +900
2014 New England Patriots +650
2013 Seattle Seahawks +800
2012 Baltimore Ravens +1,800
2011 New York Giants +2,200
2010 Green Bay Packers +1,100
2009 New Orleans Saints +2,200
2008 Pittsburgh Steelers +1,800
2007 New York Giants +3,000
2006 Indianapolis Colts +600
2005 Pittsburgh Steelers +1,200
2004 New England Patriots +600
2003 New England Patriots +1,500
2002 Tampa Bay Buccaneers +1,200
2001 New England Patriots +6,000
2000 Baltimore Ravens +2,200

Super Bowl wins and appearances by team

The New England Patriots have the most Super Bowl appearances at 11 and are tied with the Pittsburgh Steelers for most wins with six.

Team Appearances Wins
New England Patriots 11 6
Pittsburgh Steelers 8 6
Dallas Cowboys 8 5
Denver Broncos 8 3
San Francisco 49ers 8 (incl. SB LVIII) 5
Kansas City Chiefs 5 (incl. SB LVIII) 3
Washington Commanders 5 3
Green Bay Packers 5 4
Miami Dolphins 5 2
New York Giants 5 4
Las Vegas Raiders 5 3
Los Angeles Rams 5 2
Buffalo Bills 4 0
Minnesota Vikings 4 0
Indianapolis Colts 4 2
Philadelphia Eagles 4 1
Seattle Seahawks 3 1
Cincinnati Bengals 3 0
Carolina Panthers 2 0
Atlanta Falcons 2 0
Baltimore Ravens 2 2
Chicago Bears 2 1
Tampa Bay Buccaneers 2 2
New Orleans Saints 1 1
Arizona Cardinals 1 0
Tennessee Titans 1 0
Los Angeles Chargers 1 0
New York Jets 1 1
Jacksonville Jaguars 0 0
Cleveland Browns 0 0
Detroit Lions 0 0
Houston Texans 0 0

• An NFC East team has won the Super Bowl 13 times, the most of any division.

• Ten wild-card teams have gone on to win the Super Bowl.

• The New England Patriots are the only franchise to win back-to-back Super Bowl titles since 2000.

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 betting bonuses and promo codes

Taking advantage of bonus bets and promotions is a great way to maximize your potential winnings when wagering on the Super Bowl. Check back closer to the big game for our comprehensive list of the best Super Bowl 58 betting bonuses and promos available at legal online betting sites in the U.S. and Canada.

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