Super Bowl Odds 2025: Ravens Among SB59 Favorites After Thursday Night Football Thriller
The Kansas City Chiefs remain the 2025 Super Bowl odds favorites in Las Vegas, but the Baltimore Ravens are nipping at their heels.
The Ravens triumphed during a Week 10 Thursday Night Football thriller. They surged with 21 fourth-quarter points, then held on to win 35-34 over the Cincinnati Bengals when their division rival elected to go for the win on a two-point conversion attempt after a late touchdown and failed. The Ravens moved up a little more at our best Super Bowl betting sites as a result.
They still sit behind the Detroit Lions, who added pass-rusher Za'Darius Smith before Tuesday's NFL trade deadline to bolster the Lions' Super Bowl odds entering NFL Week 10.
Detroit already led my NFL Week 10 power rankings, though Baltimore could take that spot back now following another strong showing from NFL MVP odds favorite Lamar Jackson.
Here's a look at the latest 2025 Super Bowl odds and favorites as we look ahead to NFL Week 10 predictions.
Super Bowl odds 2025
Super Bowl odds from our best sports betting sites; last updated Nov. 7 and subject to change.
Super Bowl favorites
| Team | Odds (BetMGM) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Chiefs | +400 | 20% | $49 |
| Lions | +500 | 16.67% | $50 |
| Ravens | +600 | 14.29% | $60 |
| Bills | +800 | 11.11% | $80 |
| 49ers | +1000 | 9.09% | $100 |
| Eagles | +1200 | 7.69% | $120 |
| Vikings | +1800 | 5.26% | $180 |
| Packers | +2000 | 4.76% | $200 |
| Texans | +2000 | 4.76% | $200 |
- Chiefs (+400): Kansas City beat the injury-ravaged Buccaneers in overtime on Monday, and it'll try to stay unbeaten Sunday against the Denver Broncos
- Lions (+500): Detroit took care of business at Green Bay to remain atop the NFC standings, though a tricky test at the Houston Texans looms on Sunday Night Football
- Ravens (+600): Baltimore's odds shortened slightly after the Ravens' nail-biting win over the Bengals on Thursday, moving from +650 to +600
- Vikings (+1800): Minnesota bounced back from a two-game slump and will try to make it three straight Sunday against the Jacksonville Jaguars
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Super Bowl contenders
| Team | Odds (BetMGM) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Commanders | +2200 | 4.35% | $220 |
| Falcons | +2500 | 3.85% | $250 |
| Steelers | +2800 | 3.45% | $280 |
| Bengals | +4000 | 2.44% | $400 |
| Chargers | +4000 | 2.44% | $400 |
| Rams | +5000 | 1.96% | $500 |
| Jets | +6600 | 1.49% | $660 |
| Cardinals | +6600 | 1.49% | $660 |
- Commanders (+2200): Washington has won three straight ahead of Sunday's meeting with the Pittsburgh Steelers
- Falcons (+2500): Atlanta has now won five of its last six games and is favored to beat the New Orleans Saints on Sunday
- Steelers (+2800): The AFC North-leading Steelers acquired veteran receiver Mike Williams ahead of Sunday's meeting with the Commanders
- Bengals (+4000): Cincinnati withstood a must-win spot last week but needs another win tonight against the rival Ravens
Super Bowl long shots
| Team | Odds (BetMGM) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Seahawks | +8000 | 1.23% | $800 |
| Buccaneers | +10000 | 0.99% | $1,000 |
| Bears | +10000 | 0.99% | $1,000 |
| Broncos | +15000 | 0.66% | $1,500 |
| Colts | +15000 | 0.66% | $1,500 |
| Dolphins | +15000 | 0.66% | $1,500 |
| Cowboys | +25000 | 0.40% | $2,500 |
| Jaguars | +75000 | 0.13% | $7,500 |
| Saints | +75000 | 0.13% | $7,500 |
| Browns | +100000 | 0.10% | $10,000 |
| Giants | +100000 | 0.10% | $10,000 |
| Panthers | +100000 | 0.10% | $10,000 |
| Patriots | +100000 | 0.10% | $10,000 |
| Raiders | +100000 | 0.10% | $10,000 |
| Titans | +100000 | 0.10% | $10,000 |
- Seahawks (+8000): Time is running out for Seattle after another division loss dropped Mike Macdonald's group to 4-5 ahead of a bye week
- Cowboys (+25000): A miserable season was made even worse Sunday with another loss and an injury to Dak Prescott (hamstring) who'll miss several weeks
- Saints (+75000): New Orleans became the second team to make a head coaching change this season when firing Dennis Allen following a seventh straight loss
2025 Super Bowl favorites
Chiefs (+400)
There's a reason I highlighted the Chiefs in my preseason Super Bowl predictions and have continued to express faith in their title outlook all season long: they have so many ways to win.
Kansas City ranks eighth in point differential (+56) through nine weeks, but it still hasn't lost a game in its last 13 tries (including the postseason) and looks to have a stranglehold on the AFC West and potentially the No. 1 seed in the AFC.
It's easy to be disenchanted by the Chiefs' uneven start, but they still look better than they did last season. And we know how that turned out.
You won't win kudos from your friends for betting on Kansas City, but you're still more likely to cash your bet on this group than any other in the NFL. We've seen that ring true each of the last two seasons with a similar cast of characters.
This group isn't as healthy as the last two, especially on offense, but I trust Mahomes to find his safety valve in the postseason and ride that to victory. That's especially true now that the Chiefs added DeAndre Hopkins to an injury-riddled receiving corps.
If they win a third straight Super Bowl, a $10 bet at FanDuel would return a $42 profit.
Best odds: +420 via FanDuel | Implied probability: 19.23%
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Lions (+500)
Detroit just keeps stacking statement wins after another critical victory Sunday to keep the Packers at bay in the highly competitive NFC North.
After last week's 52-14 blowout win over the Tennessee Titans, the Lions relied on their defense to power them in the first half before Jared Goff and Co. took over after halftime even in subpar weather conditions in Wisconsin.
At this point, it's hard to argue with the results for Dan Campbell's group, which has proven it can win any type of game against any type of opponent.
We already know the Lions will be contenders in the messy NFC field, and a $10 bet right now at bet365 would return a $50 profit if they finish the job.
Best odds: +500 via bet365 | Implied probability: 16.67%
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Ravens (+600)
It feels like every week Jackson does something the mind struggles to comprehend, even though the eyes just watched it.
This week it was running back forever while looking lost for a second, and then surging ahead for nearly a touchdown.
That was a key moment in Baltimore's fourth-quarter explosion on Sunday, though it was an eruption that still nearly fell short, with the team's poor defense almost wasting Jackson's brilliance.
Nonetheless, Jackson shined again while throwing for 290 yards and four touchdowns without an interception. He's thrown a mere two interceptions all season, with his last one coming back in Week 6.
Voter fatigue is often real, which is one of many factors tied to why repeating as the MVP is incredibly difficult. But Jackson is putting up an even better season than last year for the now 7-2 Ravens who sit third leaguewide while boasting a plus-65 point differential.
If Jackson can lead this team to its first title in over a decade, a $10 bet at FanDuel would result in a $60 profit.
Best odds: +600 via FanDuel | Implied probability: 14.29%
My Super Bowl pick to watch
Falcons (+2500)
I've highlighted Atlanta plenty of times already this season, and our best sportsbooks continue to price the Dirty Birds as a relative afterthought even as they lead the NFC South at the halfway point of the season.
Sure, the Falcons don't grade out tremendously well by advanced metrics. But this group has all the pieces on paper to build on this 6-3 start after yet another win over the Cowboys - this team's fifth victory over the past six weeks.
At this rate, Atlanta is setting itself up to host a playoff game in January, but it still sits outside the top six in title odds in the NFC.
I've been a believer in the roster talent for the Falcons since before this season began, and I like what I've seen over the first half of the season.
If Raheem Morris can lead this group to a title in Year 1, a $10 bet at DraftKings would return a $280 profit in February.
Best odds: +2800 via DraftKings| Implied probability: 3.45%
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Vegas Super Bowl odds
Vegas Super Bowl odds from Circa Sports.
| Team | Odds (Circa) | Implied probability | Profit ($10 bet) |
|---|---|---|---|
| Chiefs | +370 | 21.28% | $37 |
| Lions | +500 | 16.67% | $50 |
| Ravens | +535 | 15.75% | $53.50 |
| Bills | +750 | 11.76% | $75 |
| 49ers | +890 | 10.10% | $89 |
| Eagles | +1400 | 6.67% | $140 |
| Packers | +1650 | 5.71% | $165 |
| Vikings | +1650 | 5.71% | $165 |
| Texans | +2000 | 4.76% | $200 |
The best sportsbooks in Las Vegas have the same consensus view as the rest of the market: it's Kansas City and then everyone else.
Only nine teams feature betting odds shorter than 20/1 at Circa Sports, and none have better odds than the two-time Super Bowl champions.
The Lions jumped into the second spot after last week's 52-14 statement win over the Titans. They're dealing just ahead of the Ravens, who also lost in last year's conference championship round like Detroit.
AFC championship odds
The Chiefs are still the team to beat in the AFC after an undefeated start. The Ravens are right behind them while the Bills loom amid their own win streak.
(AFC Conference odds via BetMGM)
| Team | Odds |
|---|---|
| Chiefs | +185 |
| Ravens | +280 |
| Bills | +400 |
| Texans | +1000 |
| Steelers | +1600 |
| Bengals | +2000 |
| Chargers | +2000 |
| Colts | +3900 |
| Jets | +4900 |
| Dolphins | +5000 |
| Broncos | +7500 |
| Jaguars | +30000 |
| Browns | +80000 |
| Raiders | +100000 |
| Patriots | +100000 |
| Titans | +400000 |
NFC championship odds
The NFC feels wide open after the first two months of the season.
The 49ers are no longer the favorites with a below .500 record. The conference seems like it will go through the NFC North with the Lions looking like the best team in football and the Vikings having corrected from a two-game slide.
(NFC Conference odds via BetMGM)
| Team | Odds |
|---|---|
| Lions | +220 |
| 49ers | +450 |
| Eagles | +600 |
| Vikings | +900 |
| Packers | +1000 |
| Commanders | +1100 |
| Falcons | +1200 |
| Rams | +2500 |
| Cardinals | +2800 |
| Seahawks | +4000 |
| Bears | +5000 |
| Buccaneers | +5000 |
| Cowboys | +8000 |
| Saints | +30000 |
| Panthers | +50000 |
| Giants | +50000 |
How to bet on the Super Bowl
Betting into the Super Bowl market is one of the most popular but challenging things to do successfully as a sports bettor. You have to carefully consider a mix between a team's viability in the regular season and its aptitude for the postseason.
First, you need to consider a team's ability to make the playoffs, which feature seven teams in each conference with a first-round bye for the No. 1 seed. That last part is key - the top seed in each conference routinely reaches (and wins) the Super Bowl, so betting on an elite regular-season team is a solid way to succeed in this market.
That said, a team's postseason success tends to be highly correlated to quarterback play, coaching, and elite defense. That's been the formula for decades, and while a top-flight defense is perhaps the least important of those three, there are only so many franchise quarterbacks and championship-level coaches around.
That's why the Kansas City Chiefs, led by Patrick Mahomes and Andy Reid, have won two straight Super Bowls and three of the last five. It's also why most Super Bowl winners tend to enter the season with odds shorter than 10/1, as the teams with those key elements in place are the ones you can expect to survive through February.
How to read Super Bowl odds
A crucial step to betting on the Super Bowl is understanding how the odds work. Put simply, American odds represent how much money you would win on a $100 wager - or, in some cases, how much money you would need to wager to return $100.
Let's refer to an example. The Kansas City Chiefs opened with +750 odds to win the 2025 Super Bowl. That means a $100 bet at those odds would return $750 in profit, or a $10 bet would return $75 in profit. You could even bet $1 for a $7.50 return if Kansas City does indeed win its third consecutive championship this February.
A team like the Houston Texans, which opened at +2500 odds, would return a whopping $2,500 in profit if they win their first Super Bowl. Of course, those odds suggest they are much less likely to do so, as those +2500 odds represent an implied probability of just 3.85% according to our odds converter.
As we get closer to the Big Game, you may see a team dealing at "negative" odds. For example, the San Francisco 49ers were priced at -125 ahead of Super Bowl 58, meaning you would need to bet $125 to win $100, or $12.50 to win $10.
You'll want to be careful staking too much on bets with minus odds, as what can seem like a "sure thing" is always vulnerable to the chaos and unpredictability of sports.
Super Bowl preseason odds for all 32 teams
| Team | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Chiefs | +500 | +550 | +500 | +575 | +550 |
| 49ers | +600 | +600 | +600 | +625 | +550 |
| Ravens | +1000 | +1100 | +1000 | +900 | +900 |
| Lions | +1200 | +1200 | +1200 | +1000 | +1200 |
| Bengals | +1300 | +1500 | +1300 | +1300 | +1200 |
| Eagles | +1400 | +1300 | +1200 | +1300 | +1400 |
| Bills | +1600 | +1700 | +1600 | +1700 | +1200 |
| Texans | +1600 | +1500 | +1600 | +1300 | +1600 |
| Packers | +1800 | +1800 | +1600 | +1700 | +1600 |
| Jets | +1900 | +1800 | +2000 | +1700 | +1800 |
| Cowboys | +1900 | +1800 | +2000 | +1600 | +1600 |
| Dolphins | +2200 | +2200 | +2500 | +2500 | +2500 |
| Rams | +3000 | +3000 | +3000 | +2500 | +3000 |
| Falcons | +3000 | +2600 | +3000 | +2800 | +2500 |
| Bears | +3500 | +3500 | +3500 | +3500 | +3000 |
| Browns | +4000 | +3500 | +4000 | +4000 | +4000 |
| Chargers | +4500 | +4000 | +4000 | +3500 | +3500 |
| Steelers | +5000 | +5000 | +5000 | +4500 | +4000 |
| Jaguars | +5000 | +4500 | +5000 | +4500 | +4500 |
| Seahawks | +6500 | +5500 | +6600 | +8000 | +6600 |
| Colts | +7500 | +5500 | +8000 | +6000 | +6000 |
| Buccaneers | +8000 | +6500 | +8000 | +9000 | +6600 |
| Vikings | +8000 | +8000 | +10000 | +8000 | +8000 |
| Cardinals | +10000 | +8000 | +12500 | +12500 | +10000 |
| Saints | +10000 | +10000 | +10000 | +10000 | +8000 |
| Raiders | +10000 | +10000 | +15000 | +6000 | +8000 |
| Commanders | +12000 | +12000 | +15000 | +15000 | +12500 |
| Titans | +15000 | +15000 | +15000 | +15000 | +15000 |
| Giants | +20000 | +15000 | +20000 | +20000 | +10000 |
| Broncos | +20000 | +25000 | +15000 | +15000 | +12500 |
| Panthers | +25000 | +25000 | +25000 | +20000 | +25000 |
| Patriots | +35000 | +30000 | +30000 | +27500 | +15000 |
Past Super Bowl winners
| Year | Team | Preseason odds |
|---|---|---|
| 2024 | Chiefs | +600 |
| 2023 | Chiefs | +900 |
| 2022 | Rams | +1200 |
| 2021 | Buccaneers | +1000 |
| 2020 | Chiefs | +600 |
| 2019 | Patriots | +600 |
| 2018 | Eagles | +4000 |
| 2017 | Patriots | +600 |
| 2016 | Broncos | +900 |
| 2015 | Patriots | +650 |
Super Bowl wins and appearances by team
| Team | Appearances | Wins |
|---|---|---|
| Patriots | 11 | 6 |
| Steelers | 8 | 6 |
| 49ers | 8 | 5 |
| Cowboys | 8 | 5 |
| Broncos | 8 | 3 |
| Chiefs | 6 | 4 |
| Giants | 5 | 4 |
| Packers | 5 | 4 |
| Commanders | 5 | 3 |
| Raiders | 5 | 3 |
Super Bowl FAQs
Who is the Super Bowl favorite?
The Kansas City Chiefs are the 2025 Super Bowl favorites with odds of +400, which imply a 20% chance they hoist a third straight Lombardi Trophy.
Who won the Super Bowl last year?
The Kansas City Chiefs won Super Bowl 58, defeating the San Francisco 49ers in a 25-22 overtime thriller to win their second straight Lombardi Trophy.
When will the 2025 Super Bowl be played?
Super Bowl 59 will be played on Feb. 9, 2025.
Where will the 2025 Super Bowl be played?
The 2025 Super Bowl will take place at the Caesars Superdome in New Orleans, La.
How to watch Super Bowl 2025
FOX will broadcast Super Bowl 59 nationally on Feb. 9, 2025. While kickoff is yet to be announced, it will likely take place around 6:30 p.m. ET.
Who has the most Super Bowl wins?
The New England Patriots and Pittsburgh Steelers have won six Super Bowls, tied for the most.
Who has the most Super Bowl appearances?
The New England Patriots have made it to the Super Bowl 11 times, the most of any team.
When was the first Super Bowl?
The first Super Bowl occurred in 1967 after the NFL and AFL merged.
Which team won the first Super Bowl?
The Green Bay Packers won Super Bowl I, defeating the Kansas City Chiefs by a score of 35-10.
How many teams haven't won the Super Bowl?
Twelve teams have never won the Super Bowl. That list includes:
- Arizona Cardinals
- Atlanta Falcons
- Buffalo Bills
- Carolina Panthers
- Cincinnati Bengals
- Cleveland Browns
- Detroit Lions
- Houston Texans
- Jacksonville Jaguars
- Los Angeles Chargers
- Minnesota Vikings
- Tennessee Titans
Super Bowl betting odds pages
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