There are no months off in the NFL betting cycle. Shortly after the Patriots clinched their sixth title in Super Bowl 53, bettors were already looking ahead at futures prices for next season.
The opportunity to wager on the winner of the 2020 Super Bowl was available in mid-January for bettors in Nevada at the Westgate SuperBook in Las Vegas. New Jersey operators like DraftKings Sportsbook and FanDuel Sportsbook followed two weeks later with their own early odds for the Super Bowl 54 champ.
The Westgate opened the Los Angeles Rams (6/1) as the early favorite to capture next year’s Vince Lombardi Trophy on Jan. 15. However, the Kansas City Chiefs shifted into the favorite spot as of Feb. 4.
Jeff Sherman, the vice president of risk management at the SuperBook, sent out the updated odds after the Super Bowl came to a close.
NFL Super Bowl LIV (2020) updated
LAR, NO, NE 8/1
LAC, Chi, Pit 14/1
Min, GB, Dal 16/1
Phi, Bal, Ind, Cle, Hou 20/1
Atl, Jax, NYG 40/1
Car, Ten, Den 60/1
TB, NYJ 80/1
Wsh, Det, Buf, Cin, Oak, Ari 100/1
— Jeff Sherman (@golfodds) February 4, 2019
In New Jersey, the Patriots (+800) opened as the favorite to win at FanDuel Sportsbook a week before the big game. That didn’t change after they won their sixth Super Bowl. New England has opened at 10/1 odds or less every season this decade.
At DraftKings, the Patriots, Chiefs, Rams and Saints were all listed with the shortest odds at +750 (15/2). That means the four teams who advanced to the conference championships in 2019 are the early favorites in the 2020 Super Bowl futures market.
2019-20 Super Bowl 54 Futures Odds
A shot of optimism
The biggest longshot to win the 2020 Super Bowl heading into next season is the Miami Dolphins (300/1 at Westgate). But 100-1 longshots and fans from Washington, Detroit, New York (Jets), Buffalo, Cincinnati, Oakland and Arizona can hold out hope that their team can be the next 1998 St. Louis Rams, who went 13-3 and won Super Bowl XXXIV after opening at 300-1 odds following a 4-12 season in 1997.
Those teams can look at this year’s Chicago Bears as another example of optimism going into next season. The Bears were 100-1 odds to win the 2019 Super Bowl prior to the regular season. Chicago went from five wins the previous season to a 12-4 record and division title before losing in the playoffs on a last-second, “double doink” missed field goal — a bad beat for moneyline bettors but not for those who bet at FanDuel Sportsbook.
The Bears (+1,700 at DraftKings Sportsbook) and LA Chargers (+1,400) are expected to be Super Bowl contenders next season after both made the playoffs this year with 12-4 records. The Indianapolis Colts (+1,400) are among the top 10 favorites to win Super Bowl LIV next year after catching fire late in the year. And even the Cleveland Browns (+2,000) are picking up a lot of steam following a 7-8-1 season.