Super Bowl odds: Latest betting futures for 2023 season
Read up on the latest futures market Super Bowl odds for the 2023-24 NFL season courteous of Caesars Sportsbook.
Check out the latest Super Bowl odds as we enter Week 8 of the NFL season. The Kansas City Chiefs currently lead the pack of frontrunners alongside the San Francisco 49ers an Philadelphia Eagles.
2023 Super Bowl winner odds
Odds courtesy of Caesars Sportsbook. Correct at time of publishing and subject to change.
Super Bowl Odds 2024: Betting Favorites
Kansas City Chiefs +475
It was no surprise to see the reigning Super Bowl champions as the favorites to go back-to-back. After all, they still have Patrick Mahomes in his age 28 season along with Andy Reid, one of the greatest head coaches in NFL history.
The Chiefs haven’t changed their roster too much from last year’s Super Bowl winning squad. Losing JuJu Smith-Schuster and swapping Orlando Brown Jr for Donovan Smith at left tackle were their only transactions on offense.
Defensively, this team remains mostly same, with Chris Jones, Willie Gay, and Justin Reid leading the charge. Jones held out for a new contract and missed Week 1, but has made his presence known in fierce fashion since returning in Week 2.
The loss of offensive coordinator Eric Bieniemy is the biggest subtraction from last year’s team. That and a lack of wide receiver options has caused the Chiefs offense to not quite be the same offensive juggernaut we’ve known them as under Mahomes.
To their credit, the Chiefs are 7-2 this year nonetheless. Although it looks different than Chiefs teams of old, this team is rightfully the favorites to win it all, especially is Travis Kelce plays well.
San Francisco 49ers +525
It comes as no surprise to see the San Francisco 49ers this high on the Super Bowl odds list.
The 49ers were hopeful Brock Purdy could prove himself as the long-term answer at the position this season. Purdy played outstandingly as a rookie and has continued that phenomenal play this year.
Christian McCaffrey, George Kittle, Deebo Samuel, and Brandon Aiyuk all remain as the best skilled position group in the NFL, contributing to their +450 price.
It also helps that their defense only got better this offseason with the additions of Javon Hargrave and rookie cornerback Deommodore Lenoir to pair with the reigning defensive player of the year, Nick Bosa.
With Kyle Shanahan as steady a head coach as there is in the NFL, it’s very possible the 49ers finally get over the hump as long as either Purdy stays healthy and right.
San Francisco is coming off three tough losses however to teams they should’ve handled. Time will tell how Purdy responds to the first couple of bad games he’s played in his career.
Philadelphia Eagles +525
After being one possession away from winning their second Super Bowl in franchise history a year ago, the Philadelphia Eagles have run it back in a major way this season and entered the campaign at +550 to win it all.
Jalen Hurts is coming off a massive contract extension and has the likes of A.J. Brown, DeVonta Smith, and Dallas Goedert to throw to for another season. Although they might not all be in sync every game, they’ve done enough to be 6-1.
The Eagles also had one of the best drafts of anyone in the NFL this year, getting pass rushers Nolan Smith and Jalen Carter to pair with their already stout defensive line. Carter in particular has paid dividends early as a frontrunner for DPOY.
In a weakened NFC, the Eagles are among the select few who can be viewed as the cream of the crop. But they’ve yet to get to the level of the 49ers, with Philadelphia’s passing attack needing to get going to help supplement their stour rush attack led by D’Andre Swift.
After coming out the gates slow, it’s apparent the Eagles are possibly the team to beat in the NFC still. As long as they stay healthy there’s little reason to doubt their ability to return to the big game.
Baltimore Ravens +900
It’s not a surprise to see the Ravens priced at +1000 given how well they’ve played with Lamar Jackson playing as well as he’s played since he won the MVP a few years ago.
In addition to Jackson’s contract being resolved, Zay Flowers and Odell Beckham Jr. were brought in to give Jackson more pass catching options. Flowers in particular has been a major positive for the team.
The offensive line for this team is one of the best in the AFC, with continuity across the board and Mark Andrews possibly being able to block more now that Flowers and Beckham are in the mix.
Even the defense has stepped up for Baltimore, with Kyle Hamilton having a big second year as the secondary works their way through injuries.
Having Justin Tucker makes this team incredibly dangerous as well, as he’s a weapon every team in the league would love to have on their roster.
Baltimore are the team to beat in the AFC North and have looked like an entirely new team on offense. As Jackson gets more comfortable in the system, the ceiling is the limit for this team.
Dallas Cowboys +1100
After making it to the playoffs for a second consecutive season last season, the Cowboys are once again a popular pick to pencil into the Super Bowl with Dak Prescott playing fully healthy this year in a new Mike McCarthy coached system.
The Cowboys have looked very different this season, as Ezekiel Elliot was let go in favor of Tony Pollard. Pollard himself is coming off an injury, but has played well. Brandin Cooks and CeeDee Lamb on the other hand have been inconsistent due to the new scheme.
Defense unquestionably remains this team’s biggest strength, with Dan Quinn being the best defensive coordinator in the NFL. Having Micah Parsons helps, as he’s had yet another unstoppable season where he’s having a DPOY run.
The Cowboys’ addition of Stephen Gilmore was huge with Trevon Diggs going down to a torn ACL, but DeRon Bland and others have stepped up to continue Dallas looking like one of the top-shelf defenses in football.
Dallas does have three losses to their name through their first eight games, but this is a team that’ll be a playoff threat all throughout the year.
Super Bowl Odds 2024: Underdogs
Cincinnati Bengals +1100
Attrition took a toll on the Cincinnati Bengals roster this offseason, as they lost notable key pieces on both sides of the ball. Despite that, this team was one of the marquee Super Bowl favorites coming into 2023 for good reasons.
Joe Burrow, Joe Mixon, Ja’Marr Chase, and Tee Higgins are all back, and Burrow’s protection was thought to have been better following the acquisition of stud left tackle Orlando Brown Jr.
But Burrow suffered a calf injury in preseason and played injured throughout the first third of the season. His lack of mobility and need to get the ball out quick has taken away the deep pass from their arsenal, leading to a stagnant offense more often than not.
While the Bengals defense has had some good moments this year and done their part, the offense held them back. But the Bengals were still worthy of being mentioned as contenders due to their sample size from past seasons, and they’ve warranted that faith by advancing to 5-3.
The AFC is ran by the Chiefs, but even teams like the Dolphins, Ravens, and Jaguars have questions. Cincinnati could pounce on an open conference and challenge the Chiefs again in January as long as they stay healthy.
Miami Dolphins +1200
Just slightly ahead of the Ravens in the latest Super Bowl odds are the Miami Dolphins, who have the fastest roster in the NFL on offense.
Tyreek Hill and Jaylen Waddle make up a dangerous duo on their own at wide receiver, with Raheem Mostert, De’Von Achane, and Salvon Ahmed being a formidable running back trio in their own right.
This team is coached by Mike McDaniel, who led Miami to a very impressive start last season before their play dipped off in the second half. McDaniel has helped Tagovailoa be an MVP frontrunner at times this year.
Miami added adding defensive guru Vic Fangio to coach up the defense, but this has been the area of their team with the most work needing to be done while they wait for Jalen Ramsey to return from injury later this season.
We’ve seen Miami make history this year with a 70 point win followed up by a blowout loss. This team is capable of the highest of highs, but they need to avoid suffering the lowest of lows. So far their 6-3 record is best in the AFC East.
Buffalo Bills +2200
The Buffalo Bills will always be a Super Bowl contender with Josh Allen and Stefon Diggs leading the charge, and they entered the year +1000 to win it all.
They didn’t add many new pieces to their team, with their lineup being nearly identical to last season’s squad minus Tremaine Edmunds, who has had replacement Terrell Bernard play outstanding thus far.
This roster remains one of the most talented in the AFC with former pro bowlers and all-pros across the entire team. But injuries have taken a severe toll with the likes of Matt Milano and Tre’Davious White seeing their seasons end to injury.
Offensively, Allen and Diggs remain as connected as ever, and James Cook has added a fantastic level of explosiveness to the ground game to help balance Buffalo’s attack. But more offensive production is needed from other players.
Buffalo has lost a couple of games recently they were more than capable of winning. This sees them sit at 5-4 and having some areas to improve on if they want to be talked about as a legitimate Super Bowl contender once again.
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