Super Bowl Futures Betting Update: Week 15
Week 14 is in the books, and the most recent NFL action has made its mark on the betting markets. The results from last week mean that the Super Bowl odds now has Super Bowl-winning odds for just 24 teams, with eight squads officially eliminated from postseason contention.
In terms of the frontrunners, there were some small adjustments made. The Kansas City Chiefs remain favorites and saw their odds decrease slightly. The Pittsburgh Steelers, following their second straight loss after an 11-0 start, dropped from +750 down to +1300. They now trail not only the Chiefs in the betting but also three NFC teams -- the Green Bay Packers, New Orleans Saints, and Los Angeles Rams. The Saints are now behind the Packers after their loss to the Philadelphia Eagles and the Packers NFC North-clinching victory over the Detroit Lions.
You can check out the odds for all the teams at Super Bowl odds. But below are the top five teams in victory odds (and implied probability) along with their numberFire title odds.
| TEAM | Odds | Implied Probability | nF Odds |
|---|---|---|---|
| Kansas City Chiefs | +195 | 33.9% | 18.9% |
| New Orleans Saints | +700 | 12.5% | 12.0% |
| Green Bay Packers | +700 | 12.5% | 13.6% |
| Los Angeles Rams | +1000 | 9.1% | 8.8% |
| Pittsburgh Steelers | +1300 | 7.1% | 12.0% |
There's no betting value on KC, per our numbers. We give them an 18.9% chance to win it all while the +195 line implies odds of 33.9%. Going by our algorithm, the Steelers offer the most betting value among these five, and there's a sliver of value on the Packers.
Outside of these leading contenders, people looking for value in the market should consider the Tampa Bay Buccaneers. They are available at +1400 (6.7%) while our numbers give them a 7.9% chance of winning it all.
