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super bowl odds

The 2019-20 NFL season is underway, and the defending Super Bowl champion New England Patriots once again look like the team to beat. There were plenty of developments from Week 1 of the season that will affect the NFL Futures market, so at PlayPicks, we’re breaking down the weekly changes to odds to win Super Bowl 54 next February. 

Odds may vary depending on your sportsbook. In this article, we will identify Super Bowl bets based on the odds on FanDuel Sportsbook and DraftKings SportsbookThese bets will continue to shift throughout the regular season, so keep an eye on any key changes due to injuries or other news. And get ready to “buy low” if a potential Super Bowl champion sees improved odds due to a rough spell. 

Week 2 Super Bowl Odds Report

The Favorites

New England Patriots (+400)

Already the preseason favorites to repeat as Super Bowl champions, the Patriots saw their odds go from +700 to +400 at DK Sportsbook following their thrashing of the Steelers to open the season.

Of course, the addition of Antonio Brown and subtle hints that Rob Gronkowski might eventually come out of retirement only add to the notion that the Pats will compete for another ring. Taking them at +400 at DraftKings Sportsbook is still a relative bargain. Just keep an eye on the news since it’s possible Brown is suspended or cut following the rape accusations levied against him.

Kansas City Chiefs (+750)

No significant movement for the Chiefs despite Tyreek Hill suffering what appeared to be a serious shoulder injury. Kansas City had +600 odds to win the Super Bowl on Feb. 1, 2019, but the Patriots have surpassed their AFC rivals due to the Brown acquisition.

New Orleans Saints (+750)

The Saints’ odds moved to +750 at DraftKings after Drew Brees proved he still has plenty of championship mettle with his clutch performance to beat the Texans on Monday night. While the NFC seems to have more depth, the Saints are a decent bet because they won’t have to contend with the Chiefs or Patriots unless they reach the Super Bowl.

Los Angeles Rams (+1100)

The Rams looked to be just fine using Malcolm Brown in a timeshare with Todd Gurley, but any limitations on Gurley’s health bear monitoring. That is likely why their odds dipped from +900 to +1100 at DraftKings.

The Upper Tier

Philadelphia Eagles (+1200)

Despite similar odds, the Eagles are not on the same level as the Rams in terms of their postseason potential. Philadelphia lacks a steady rushing attack, a reliable secondary, and their defensive line took a major hit in losing Malik Jackson (foot) for the entire season.

Green Bay Packers (+1600)

The Packers’ odds moved thanks to their win over the Bears on Opening Night, but betting on Green Bay to win a title this year would be foolhardy.

Dallas Cowboys (+1800)

With Ezekiel Elliott back to complement a great defense, the Cowboys look to be playoff-bound once again. That has led to their dropping odds. Even more enticing is the exponential development of Dak Prescott, which makes Dallas worth consideration as a well-balanced team.

Minnesota Vikings (+2200)

An impressive defensive performance against the Falcons led the Vikings’ odds to continue dropping. Minnesota was listed at +2500 during the offseason, so this trend could continue if the Vikes play well in the upcoming weeks.

Baltimore Ravens (+2400)

Lamar Jackson and the Ravens demolished the Dolphins in Week 1, but oddsmakers aren’t reading too much into that blowout. According to the folks at The Action Network, the Ravens’ Implied Probability (to win the Super Bowl) has increased by only 0.8% following the win.

Houston Texans (+3400)

Deshaun Watson paced the Texans to a 21-10 lead in New Orleans and nearly won the game with a miraculous touchdown pass to Kenny Stills. That performance has thrust Houston into the limelight as a dark horse candidate to win the AFC, but the Texans’ odds remain exploitable.

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The Sliders

Los Angles Chargers (+1600)

Melvin Gordon doesn’t appear ready to join the Bolts until midseason, if at all. The Chargers needed overtime and a trio of missed kicks from Adam Vinatieri to down the shorthanded Colts, leading their odds to slightly increase.

Pittsburgh Steelers (+2400)

The flip side of New England’s dominant performance was a decrease in the public’s opinion of Pittsburgh’s prospects without Antonio Brown or Le’Veon Bell. The Steelers moved from +1800 to +2500 on DraftKings Sportsbook.

Cleveland Browns (+2500)

The offseason hype surrounding the Browns did nothing to translate to success on the field, as they were thrashed by a solid Titans squad. Cleveland saw movement down to +3000 odds on some books, so these odds are still not great on FanDuel or DraftKings.

Chicago Bears (+2600)

The Bears’ odds moved dramatically from +1600 to +2600 following their lackluster showing on Opening Night. They’re now regarded as true longshots to win it all given their offensive limitations.

Seattle Seahawks (+3200)

This is a big shift on the Seahawks’ odds according to FD Sportsbook, but DraftKings actually moved its odds up from +3000 to +2500. Concern is justified considering the run-heavy Hawks managed only 72 rushing yards against the Bengals’ soft defense. By missing out on the Antonio Brown sweepstakes, Seattle can be regarded as a longshot.

Jacksonville Jaguars (+10000)

Nick Foles was the most notable name to suffer a big injury in Week 1. Although he may not miss the entire season, his absence knocks the Jags down considerably on the list of favorites, according to most books.