Betting on the favorite to win Super Bowl LVII is already underway, and the sportsbooks have released the odds of hoisting the Lombardi Trophy for every NFL team. This page is designed to serve as a valuable resource for information about how Super Bowl futures work, when a football futures bet is most advantageous, or football championship bets can legally be placed online.
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Early Odds On Super Bowl LIII
The odds of every team change over the course of a season. The current odds for each team can be found in the table below. Currently, our featured sportsbooks have the New England Patriots as the favorites to win Super Bowl LIII at +650. The NFL preseason started on August 2, 2018, and the NFL regular season kicks off on September 6, 2018.
Betting Early On The Underdog Could Lead To A Big Payout
The Philadelphia Eagles upset over the defending champion New England Patriots in Super Bowl LII proved there can be a big payoff when placing a future bet on a team winning the Super Bowl if the timing is right.
Before the 2017 NFL season began, the bookmakers had the Eagles at +4000 odds to win the Super Bowl. However, after Week 9 of the regular season, the Eagles had an 8-1 record and these same sportsbooks presented the Eagles favored to win the Super Bowl at +400 odds. After the season-ending injury to starting QB Carson Wentz, the Eagles odds fell to +1000. These are three vastly different odds that took place over the course of just three months, with the best odds for the bettor occurring early in the cycle. The team that the bet is placed on is most important, but the timing of the bet is almost just as important.
Super Bowl 53 Odds
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|Los Angeles Rams||
|New England Patriots||
|New Orleans Saints||
Who And When To Place A Futures Bet
There is a general rule when it comes to NFL futures betting: Place an early bet if on an underdog but bet later when on the favorite.
But why do this? The reason for using this strategy is because if the underdog team with longshot odds begins to heat up, the sportsbooks will change the odds to reflect less risk, making the potential payout much less as the above example above with the Eagles illustrates. However, if the bet is placed on a favorite, their odds of winning have a very small ceiling to increase.
Take the 2017 Patriots team as an example. Before the beginning of the regular season, oddsmakers had the Patriots as the favorites to win Super Bowl LII with odds at +325. Now fast forward to Week 15 of the 2017 regular season and their odds got marginally better at +225. At no point during the entire regular season were the Patriots, not one of the top favorites to the win the Super Bowl. The favorite bet was less risk and therefore yields less payout. Betting early on the favorite does yield more return (+100 in this scenario), but only by a small margin.
My Safe and Risky Futures Bet on Super Bowl LIII
Safe Bet: In the 16 seasons where Tom Brady has taken most of the snaps under center, the Patriots have only missed the playoffs and had less than 10 wins once (2002). The Pats have made the playoffs 15 times (93.75%), the Super Bowl 8 times (50%), and won the Super Bowl 5 times (31.25%). The Patriots are the surest bet to win the Super Bowl in NFL history, and I don’t see that changing this year.
Risky Bet: Currently sitting at +2500, the Los Angeles Chargers return a top 5 offense from last year, led by the always consistent Philip River at QB. Their total defense ranked 15th last year but their run defense was anemic to say the least, finishing 31st in the league. Drafting Derwin James, a run-stopping, hard-hitting safety should sure up this hole. The Chargers seem to have been cursed in years’ past, but maybe it’s finally Philip Rivers year to win it all with so much talent on both sides of the ball.
2022 Super Bowl F.A.Q.’s
Q: How often do sportsbooks update the current odds to win the Super Bowl?
A: Odds on winning the Super Bowl can change every day, but typically these are very minor differences. The biggest changes occur at the end of each week of the regular season. After the game on Monday Night Football ends, sportsbooks will begin to assess the performance of every team and post new odds within a day.
Q: Is it legal to place a Super Bowl futures bet in the United States?
A: There are no U.S. federal gambling laws that prohibit sports betting at legally licensed and regulated offshore betting sites. Domestic sports betting is governed by the individual state gambling laws thanks to the repeal of PASPA.
Q: Where and when is Super Bowl LIII?
A: Super Bowl LIII will be held on February 3, 2019, at the Mercedes-Benz Stadium in Atlanta, Georgia and will be broadcast on CBS.