We are still four months away from the start of the 2021-22 NFL season, but the top sportsbooks in the US have had Super Bowl odds up since late January. Wagering on who will win the Lombardi Trophy months in advance can have its benefits. For instance, the Tampa Bay Buccaneers were around +1200 to win it all at most sportsbooks last off-season. A $20 bet at that number last summer would have netted you $240.
Of course, the challenge is in selecting the right team. But now that the NFL free agency frenzy and the Draft are in the rearview mirror, we are starting to get an understanding of how each team will look this coming season. Here, we will look at the odds for all 32 teams to win the Super Bowl, breakdown their chances, and look at NFL futures betting strategy.
Super Bowl odds 2022
Here is a live look at Super Bowl odds from the top US sportsbooks.
Where to bet Super Bowl 2022
Futures Report (May 3)
Super Bowl odds listed below are from DraftKings Sportsbook.
Kansas City Chiefs (+450): The Chiefs continued to reshape their offensive line after it cost Patrick Mahomes a fair shot to beat the Bucs in the Super Bowl. They’ve acquired Joe Thuney, Kyle Long, and Orlando Brown, plus standout guard Laurent Duvernay-Tardiff is expected to return after opting out last year. And they continued to invest in the draft by taking Oklahoma center Creed Humphrey and Tennessee guard Trey Smith to add depth.
Tampa Bay Bucs (+700): Instead of pursuing any free agents, the defending champs prioritized re-signing key players including Shaq Barrett and Lavonte David to retain arguably the best LB corps in the NFL. Then they drafted Washington OLB Joe Tryon in the first round and snagged Auburn LB K.J. Britt in the sixth round.
Green Bay Packers (+900): Aaron Rodgers leaked his displeasure with the Packers organization on the first day of the draft in the hopes that Green Bay might trade him for a first-rounder or two. But the Packers stood pat and used a third round pick on Clemson WR Amari Rodgers while adding offensive linemen Josh Myers and Royce Newman to help protect the reigning MVP.
Buffalo Bills (+1000): Between Stefon Diggs, Cole Beasley, and veteran Emmanuel Sanders, the Bills have the savviest group of route runners in the NFL to work with MVP candidate Josh Allen (+1200). Drafting EDGE dynamos Gregory Rousseau and Carlos Basham in the first two rounds gives their defense a bit more pop.
Baltimore Ravens (+1200): Lamar Jackson needs to improve significantly as a pocket passer, but he didn’t have much to work with last year. So the Ravens drafted some potential weapons in WRs Rashod Bateman and Tylan Wallace and added LB Odafe Oweh late in the first round.
Los Angeles Rams (+1200): After trading for Matt Stafford and re-signing LB Leonard Floyd, the Rams were already a complete team. So GM Les Snead seemed to prioritize depth during the draft with the potential to get Louisville WR Tutu Atwell involved within the next couple seasons.
San Francisco 49ers (+1400): Jimmy Garoppolo was almost expected to be traded on draft day, but he’s still on the Niners roster and will return from injury along with Nick Bosa, Dee Ford, George Kittle, Raheem Mostert, and Solomon Thomas. Jimmy G will be competing with No. 3 overall pick Trey Lance and should have good protection with OT Trent Williams and Notre Dame OG Aaron Banks ready to contribute.
Cleveland Browns (+2000): Odell Beckham Jr. (ACL) will give the Browns offense a lift, but Jadeveon Clowney and Malik Jackson could be even bigger additions on the defensive side of the ball. Cleveland GM Andrew Berry snared both Troy Hill and John Johnson from the Rams’ league-leading secondary and continued to bolster that group by drafting Northwestern CB Greg Newsome II.
New Orleans Saints (+2000): In retirement, Drew Brees helped the Saints stay afloat by spreading his remaining cap hit over two years. New Orleans still had to let go of Trey Hendrickson among other key defenders, and will hope rookie DE Payton Turner can help fill that void.
Seattle Seahawks (+2000): Retaining Russell Wilson after he was mired in trade rumors helped the Seahawks move from +2800 to +2000 in the Super Bowl futures market. Their draft capital was sapped by trades from the past few seasons and they were only able to add offensive line help in the sixth round (Florida OT Stone Forsythe).
Dallas Cowboys (+2500): Dak Prescott returns on a four-year mega deal that accounts for $57.7M against the cap when combined with the contracts Ezekiel Elliott and Amari Cooper. So Jerry Jones clearly wanted to offset that imbalance through the draft and he took six defensive players in the first four rounds, including Penn State LB Micah Parsons and Kentucky CB Kelvin Joseph.
Indianapolis Colts (+2800): The Colts have a system and they employ it well, so it makes sense that GM Chris Ballard didn’t make many splash signings beyond trading for Carson Wentz. And he stuck to his guns in the draft by taking EDGE specialists Kwity Paye and Dayo Odeyingbo in the first two rounds.
New England Patriots (+3000): Bill Belichick and the Krafts underwent a record-setting spending spree by dropping nearly $200M in the first week of free agency and the Patriots Super Bowl odds briefly rose to +2800 with expectations that they would also upgrade at QB. But their fanbase was disappointed to see Cam Newton return and drafting Mac Jones at No. 15 overall doesn’t move the needle much with oddsmakers.
Los Angeles Chargers (+2800): With other teams prioritizing their need at QB, the Chargers grabbed a steal at No. 13 in OT Rashawn Slater. Then they took Asante Samuel Jr. in the second round and will be much better on defense under new HC Brandon Staley as long as Derwin James and company stay healthy.
Tennessee Titans (+3300): The Titans took a risky approach in the first couple rounds of the draft by taking CB Caleb Farley and North Dakota OL Dillon Radunz. They already struck out on OT Isaiah Wilson last year and are hurting for help on the defensive side of the ball.
Pittsburgh Steelers (+3300): For the first time since 2008, the Steelers spent a first round pick on a running back. Will Alabama product Najee Harris fix their anemic rushing attack? Perhaps not without better blocking, but they addressed that with their next three picks starting with hard-nosed TE Pat Freiermuth.
Miami Dolphins (+3300): With Ryan Fitzpatrick gone, Tua Tagovailoa has the keys to the franchise and he’ll be working with injury-prone WR Will Fuller as well as former college teammate Jaylen Waddle, who was taken sixth overall.
Arizona Cardinals (+4000): A.J. Green and J.J. Watt joined a Cardinals team that is loaded on paper and will also get EDGE rusher Chandler Jones back from injury. Arizona GM Steve Keim looks to shore up the mid-level of its defense by drafting LB Zaven Collins, but probably reached for Purdue WR Rondale Moore in the second round.
Washington Football Team (+5000): Washington was very aggressive this offseason and their odds have moved from +6000 to +5000 as they look to return to the playoffs. Ryan Fitzpatrick can win the starting job and make Washington’s young receiving corps look good, while LB David Mayo and DB William Jackson bolster Ron Rivera’s steady defense.
The Long shots
Carolina Panthers (+3300): The Panthers were competitive without Christian McCaffrey for most of last season, but Teddy Bridgewater was a huge reason for that success. Sam Darnold is not necessarily an upgrade under center.
Denver Broncos (+3300): Von Miller (Achilles) is set to return opposite Bradley Chubb and the Broncos secondary will be above average again with Alabama CB Patrick Surtain added to the fold. Bridgewater can make their offense far more consistent than Drew Lock.
Chicago Bears (+5000): The Bears finally moved on from Mitchell Trubisky and have Andy Dalton as a stopgap on a one-year $10M deal. Justin Fields could very well wind up dominating once he becomes the starter and make fans forget about the mistake of trading up for Trubisky.
Atlanta Falcons (+5000): The Falcons snagged an explosive playmaker in TE Kyle Pitts and he should make a big difference right away for an offense that lacked options over the interior.
Minnesota Vikings (+5000): The Vikings struck gold by drafting WR Justin Jefferson last year, but had limited draft capital this year and lost several key players in free agency.
Las Vegas Raiders (+6600): There were flashes from the Raiders last season, including a win and close loss to the Chiefs, but they showed little discipline under Jon Gruden.
Philadelphia Eagles (+6600): Jalen Hurts is simply a winner and he will be reunited with teammate Devonta Smith under new head coach Nick Sirianni.
New York Giants (+6600): Joe Judge is a solid NFL coach, the Giants are getting Saquon Barkley back, and have another WR with upside in No. 20 overall pick Kadarius Toney.
New York Jets (+10000): It’s a new era for gang green under Robert Saleh and we’ll see what No. 2 overall pick Zach Wilson can do with talented WRs Corey Davis and Keelan Cole.
Jacksonville Jaguars (+10000): With Urban Meyer at the helm and Trevor Lawrence under center, the Jags are trending up, but they still have a long way to go.
Cincinnati Bengals (+10000): Joe Burrow (ACL) gives this listless franchise some hope and drafting his former teammate Ja’Marr Chase is a nice story, but it won’t help him avoid getting ravaged by defensive pressure.
Houston Texans (+12500): The Texans are trying to pull out of a nosedive by signing a number of mid-tier free agents. With Deshaun Watson in the news for the wrong reasons, they might have waited too long to trade their franchise QB.
Detroit Lions (+15000): Moving from LA to Detroit and from Sean McVay to Dan Campbell is going to seriously test Jared Goff. The Lions unsurprisingly have the longest Super Bowl odds.
NFL team pages
Super Bowl odds 2022: Opening odds vs. current
Super Bowl odds shown below are from DraftKings Sportsbook.
|Team||Opening odds||Current odds|
|Kansas City Chiefs||+600||+450|
|Green Bay Packers||+800||+1600|
|Tampa Bay Buccaneers||+1300||+550|
|New Orleans Saints||+1500||+2500|
|San Francisco 49ers||+1500||+1400|
|New England Patriots||+2800||+3000|
|Las Vegas Raiders||+6000||+6600|
|Washington Football Team||+6000||+4000|
|New York Giants||+6600||+6600|
|New York Jets||+9000||+15000|
How to bet Super Bowl futures
Futures bets are a great way for diehard sports fans to get themselves a little more involved in the upcoming success of their favorite teams and/or players. They can also be a good way for the maligned hometown fan to shift focus a little bit and worry more about the success (or failure) of rival teams.
Fans can put their prediction skills to the test by placing wagers on things such as the Super Bowl LVI champion, division and conference winners, win totals for each team, and individual player awards such as MVP and Offensive and Defensive Rookies of the Year.
Additionally, many books offer over/under lines on certain yardage or touchdown numbers for specific players or head-to-head options between two stars of a shared position. These are often referred to as “specials.”
Odds on certain futures will often be updated throughout the offseason as players change teams or suffer injuries. Once the season starts, odds can change wildly based on injuries, and fast or slow starts with bettors having to know the difference between pretenders and contenders.
There’s nothing like placing a wager on a longshot early in the offseason and watching the year play out in their, and your, favor. It can be ill-advised to bet on a favorite in the offseason with so much time for things to go against them.
All online sportsbooks come in slightly different layouts, but futures sections are typically in the same general area.
Simply click the “NFL” or “Pro Football” tab on your book of choice. The default screen is generally the Week 1 schedule with all 16 games listed, but in a dropdown menu or separate menu bar, there should be several other options, including futures and specials.
Peruse these sections at your whim, looking for the teams, players, or odds which matter most to you. A wager such as Super Bowl Champions or MVP will have money options listed, whether it be all 32 teams or 30-50 of the league’s biggest stars. Each option will have odds listed next to it.
Betting Super Bowl odds on the Kansas City Chiefs to repeat as champions at +550 means a $100 wager returns $550. A safer bet such as the Chiefs to win the AFC West comes with diminished -500 odds.
Win totals and player specials typically come in the form of over/unders on a number set by the sportsbook. Each side of the bet will have odds for any result coming in above or below the line.
Super Bowl odds: Other ways to bet
The point spread will be one of the most popular methods of placing a wager on Super Bowl LVI. The point spread is the projected margin of victory set by oddsmakers for the favored team. If a bettor wagers on the favorite to “cover” the point spread, the favorite must not only emerge victorious, but must do so by more than the point spread for the bet to be a winner. If the favorite wins the game but does so by less than the spread – or if it loses the game altogether – the bettor will have lost his/her money wagered.
A moneyline wager is a bet on which team will win the game outright, regardless of margin. A moneyline wager is essentially the same type of bet that has been placed among family and friends for decades. When placed with a sportsbook, a moneyline wager pays winning bets based on the odds attached to the wager.
For example, a moneyline wager on the favorite may carry odds of “-110”, meaning a bettor wins $100 for every $110 wagered. Conversely, a moneyline wager on the underdog may carry odds of “+112”, meaning a bettor wins $112 for every $100 bet.
A totals wager is one that hinges on whether the bettor correctly bet the game’s combined final score would finish over or under the number projected by the sportsbook at the time of the wager. For example, say Super Bowl odds carry a projected total of 49 points. If one wagers the “under” on that figure and the game finishes with a 30-21 final score, the bet is a losing one, since the combined total of that score is 51 points. However, if the game instead finishes 24-21 – a combined score of 45 – then that bet would be a winner.
Player Prop bets are wagers that are based on whether the individual player that’s the subject of the bet falls short of or exceeds certain statistical benchmarks. Sportsbooks typically offer an extensive array of such bets for an event of the magnitude of the Super Bowl. Player prop bets are based on the statistics usually accrued by players at different positions.
For example, a prop bet for a quarterback would be whether the player throws for less or more than 250 yards in the game. For a running back, an example would be whether the player receivers less or more than 20 carries. For a receiver, an available prop wager could be based on whether the player falls below or exceeds a certain number of receptions during the game.
Even non-skill position players such as kickers or even an entire defensive unit can be the subject of prop bets. A standard prop bet for a kicker could be based on whether the player will successfully hit more or less than a certain number of field goals, or whether they will miss an extra point. For a defense, prop bets could be based on whether that unit will give up a certain amount of points, or whether it will score a touchdown on an interception or fumble return.
Player prop bets are most often graded on full-game statistics, but there are also prop bets that are based on statistics accrued during a specific quarter or specific half of a game.
Prop bets for major events such as a Super Bowl can also center on outcomes that aren’t based on traditional in-game statistics. For example, a prop bet can be placed on whether the game-opening coin toss comes up as heads or tails or which team will win the toss; the color of the Gatorade that is dumped on the winning team’s coach; and what the jersey number of one of the players who scores during the game might be.
There are even prop wagers based on the two flagship non-sports events associated with the game – the National Anthem and the halftime show. Bettors can place wagers on contingencies such as the length of time of the National Anthem, whether the performer will omit a word, whether a certain celebrity will make an unexpected appearance during the halftime festivities or how many songs will be performed by the halftime act.
The most prestigious individual Super Bowl-related award is that of Most Valuable Player. While any player is technically eligible for the distinction, the best odds by and far lie with the quarterback position, which has taken home 29 of the 54 MVP awards in Super Bowl history. That outpaces the next closest positions – wide receiver and running back – by 22. Five quarterbacks have won the MVP award on multiple occasions. The Patriots’ Tom Brady leads the way with four. The 49ers’ Joe Montana follows with three. Meanwhile, the Packers’ Bart Starr, the Steelers’ Terry Bradshaw and the Giants’ Eli Manning each garnered two apiece.
Even when a future Hall of Famer like Brady is on the winning side, it’s important to remember there is no such thing as a surefire bet. In the Patriots’ win over the Rams in February of 2019, receiver Julian Edelman earned MVP honors with a 10-reception, 141-yard tally.
Alternate lines are those offered by sportsbooks as secondary options to the official point spread that has been set. These lines feature an extensive array of different point spreads for both the favorite and underdog side of the game. These lines typically begin at points well above the number associated with each team in the official game line and range well into the other side of the bet, i.e. allowing for a heavy favorite to be bet as a heavy underdog and vice versa.
To cite an example from this season’s Chiefs – Bucs Super Bowl matchup, Kansas City entered the game as 3-point favorites at many sportsbooks. Alternate lines offered could have included a wagering opportunity on the Chiefs as seven-point favorites instead. Moreover, that bet would have included a very favorable “price” – the preset ratio at which the bet would pay out – due to the much lower probability of the Chiefs not only winning, but winning by more than a touchdown.
Live betting offers bettors the opportunity to place wagers on the point spread, moneyline or projected total of a game as odds on each fluctuate depending on the flow of a game. With a live betting option, a bettor doesn’t have to be locked into just the wagers they placed prior to the start of the game or at halftime. Rather, if, for example, the favored team unexpectedly falls behind by a two-touchdown margin in the first half, the bettor can hedge his original wager by investing in a new line with odds that reflect how the game is unfolding.
A teaser bet is based on multiple games and enables the bettor to adjust the official point spread anywhere between four and 10 points, depending on sport. For football, the allowable range if six, 6.5 or seven points. For a teaser bet to pay out, each leg of the wager must be a winner.
An example of a teaser bet would be as follows:
- The Chiefs are teased from 7.5-point favorites over the Titans down to 1.5-favorites (six-point tease)
- The 49ers are also teased from 7.5-point favorites over the Packers to 1.5-point favorites
If both Kansas City and San Francisco win their games by at least two points, respectively, the teaser bet is a winner. The appeal of teaser bets is the ability to manipulate the spread, and in the process, significantly increase the odds of the wager being successful.
Super Bowl 56 details
Super Bowl LVI will officially kick off Sunday, Feb. 13 at 6:30 p.m. ET in Inglewood, California.
The game will be televised through broadcast television on NBC. Super Bowl odds for the 57th big game will likely be posted at top sportsbooks in January 2022.
Best Super Bowl betting sites and bonuses
Legal sports betting is progressively expanding across the United States.
Bettors should particularly be aware of these sportsbooks, which all have Super Bowl odds posted:
DraftKings Sportsbook — Available in NJ, PA, IN, NH, MI, VA, IA, CO, WV, TN and IL
FanDuel Sportsbook — Available in NJ, PA, IN, MI, VA, CO, WV, TN and IL
BetMGM — Available in NJ, IN, CO, TN, MI, VA, PA, IA and WV
All three sportsbooks will have a wide selection of special offers and promotions for Super Bowl LV aimed at both first-time and existing customers.
Super Bowl betting tips and strategies
Line shopping and getting the best number
With any purchase, shopping for the best price is advisable. Sports betting is no different. The “prices” associated with sports betting are the odds attached to each wager that determine the payout if the bet is a winner. Other sportsbook-to-sportsbook variables that are important for a better to also be conscious of include possible differences in the point spread and projected total posted for a particular game.
The original lines set by oddsmakers when a game is first posted can often be the “sharpest”, i.e. most difficult to consistently beat over time. Therefore, the biggest edge can often come from waiting things out and seeing what way the betting public’s wagers move a point spread as a game draws closer. Factors such as faulty “groupthink” can sometimes alter a team’s projected advantage to the extent it creates a tangible edge for a sharp bettor.
One caveat about the Super Bowl is that no one NFL game sees its line affected more by “sharp money.” Therefore, line movement for this particular game is often the byproduct of bets placed based on an effective process more than any other during the season.
Fading the public
The strategy of betting against the most popular side of a bet can pay off on occasion. However, it’s not a strategy that’s necessarily advisable to be utilized with great frequency. But, as discussed in the prior section, there are certain instances when the general public’s infatuation with a certain team’s reputation (or in some cases, even certain superstar players such as Brady) can lead to a notable amount of money being wagered on that team. In turn, the line could move to a point where a team is favored by an increasingly unrealistic amount of points.
By “fading the public” in such an instance, a bettor could exploit the situation and place a winning bet on the underdog to slide in under the spread. The same could hold true for a projected total that gets bet up to a certain level due to the offensive reputations of one or both of the teams.
Using advanced metrics
While many bettors likely put only a modest amount of what could accurately be termed “research” before placing a wager, there’s certainly no shortage of metrics available to be evaluated for those who wish to avail themselves. For team-based wagers such as moneylines, point spreads and projected totals, bettors can review the history of each team’s performance in each category.
However, where advanced metrics can be particularly helpful is when making individual- or team-based prop wagers. Statistical trends can certainly help a bettor make an informed decision on whether a certain receiver is likely to exceed a certain amount of catches versus a certain opponent’s defense, for example. The same could apply to countless other such prop wagers, such as a quarterback reaching the 300-yard threshold and a running back eclipsing the 100-yard mark, to cite just two other examples.
A good example from last season’s Super Bowl LIV matchup between the Chiefs and 49ers involves San Francisco star tight end George Kittle. Say a sportsbook offered a prop wager on Kittle making over/under five catches. A bettor evaluating this wager might have gone with the Over when considering Kansas City faced the second-most tight end targets (141) in the league last season and tied for the third-most catches (96) allowed to the position. Kittle finished the game with four catches, just slightly under the number – a win for Under bettors.
“Middling” a game is defined as a bettor placing wagers on both sides of the contest. Football is considered the most popular sport to utilize this strategy. Because it involves placing more than one wager on a game, middling can be a strategy that’s rarely used by novice bettors. However, it ironically helps mitigate the risk involved by significantly upping the chances of one of the two bets being a winner.
Middling is typically made possible when there is notable line movement on a game within a week. Using an example from the Super Bowl LV Chiefs-Bucs matchup, hypothetically, say Kansas City opened up as a three-point favorite. A bettor initially places a wager on this line, but over the course of the two weeks, the line is bet up even further to a seven-point projected advantage for KC. That same bettor then places a bet on the Bucs +7, i.e. San Francisco to lose by six points or less or win outright.
In this example, the bettor is a winner on both bets if either:
- The Chiefs win by four points or more.
- The Bucs lose by six points or less or win outright.
Taking advantage of free bets and promotions
Legal, regulated sportsbooks typically offer a variety of enticing promotions, for both first-time and existing customers. Those offers are even more prominent for an event the magnitude of the Super Bowl. Bettors should therefore be on the lookout for such offers as soon as the participants for Super Bowl LIV are decided in this coming weekend’s conference championship games.
Examples of special offers and promotions include:
- Risk free bets up to a certain amount. This year, DraftKings Sportsbook offering first-time depositors up to $500 worth of risk-free bets on the game by matching a first bet up to $500. New accounts will also get $25 in free bets just for signing up — no deposit necessary!
- Special odds boosts on certain wagers.
- A variety of potential special offers involving prop bets, parlays, teasers and other bet types.
Where can I bet on the Super Bowl legally?
Those physically located within a total of 18 states will have the option of placing wagers on Super Bowl LV at a legal, regulated sportsbook. Of those jurisdictions, eight of them offer bettors the option of placing a bet through either a sportsbook’s website/mobile wagering app or its physical retail location. Another five currently only allow wagering at physical sportsbooks.
By Super Bowl LVI in February 2022, several more states should have legal sports betting options available. That number is expected to increase based on a certain amount of sports betting bills across the country gaining passage during 2021.
The following states already offer legal online sports betting options:
|State||Law Passed?||Launch Date||Mobile Launch|
|Colorado Sports Betting||Yes||May 2020||May 2020|
|Delaware Sports Betting||Yes||June 2018||Still pending|
|Illinois Sports Betting||Yes||March 2020||August 2020|
|Indiana Sports Betting||Yes||September 2019||October 2019|
|Iowa Sports Betting||Yes||August 2019||August 2019|
|Michigan Sports Betting||Yes||March 2020||January 2021|
|Montana Sports Betting||Yes||March 2020||March 2020|
|New Jersey Sports Betting||Yes||June 2018||August 2018|
|Oregon Sports Betting||Yes||August 2019||October 2019|
|Pennsylvania Sports Betting||Yes||November 2019||May 2019|
|Rhode Island Sports Betting||Yes||November 2018||Still pending|
|Tennessee Sports Betting||Yes||November 2020||November 2020|
|Virginia Sports Betting||Yes||January 2021||January 2021|
|West Virginia Sports Betting||Yes||August 2018||September 2019|
The above list will be growing longer before too long. An additional four states have passed legislation to offer retail or sports betting online, but the official launch is still pending.
The following states currently only offer retail sports betting options:
How much money is wagered on the Super Bowl?
The Super Bowl is annually the most lucrative single-event sports betting opportunity. The American Gaming Association (AGA) estimated bets on last year’s Chiefs-49ers game would reach approximately $6.8 billion worldwide in both legal and illegal wagers.
At many sportsbooks, proposition bets constitute more than half of the wagers and amount placed for the Super Bowl. With the ongoing expansion of legalized, regulated sports wagering across the United States, the total “handle” – the cumulative amount wagered on the game – should continue to edge upward for several years based solely on the increase in legal betting opportunities for sports fans. For this year’s Super Bowl LV, those physically located within 13 states will have access to either online and/or retail sports betting (a physical sportsbook) for the big game.
Who is favored to win the 2022 Super Bowl?
The Kansas City Chiefs opened as the favorites for the 2021-22 season at most major sportsbooks. KC was +500 at FanDuel Sportsbook on the Monday after Super Bowl LV.