2026 Super Bowl Odds: Eagles, Ravens Enter NFL Draft as Title Favorites
We're still more than four months away from the start of the 2025 NFL season, but all eyes are on the NFL draft tonight as we break down the latest 2026 Super Bowl odds.
The Philadelphia Eagles are the betting favorites to repeat as Super Bowl champions after beating the Kansas City Chiefs in February. Those two join the Baltimore Ravens and Buffalo Bills as the clear front-runners after free agency.
Yet all 32 teams have the chance to improve their roster in a big way tonight and over the next few months, especially if they swing a blockbuster trade to add to their title-worthy core.
📊 2026 Super Bowl odds
Live 2026 Super Bowl odds via our best Super Bowl betting sites; odds update in real time.
🏆 2026 Super Bowl betting favorites
There hasn't been a ton of odds movement since the Eagles hoisted the Lombardi Trophy in February, though we did see the Chiefs briefly open as favorites before Philly knocked them off their perch.
After retaining nearly all of their key contributors, the Eagles and Chiefs remain the Super Bowl favorites in the months before the 2025 regular season - followed by a few familiar faces looking to break through for the first time with their current cast of characters.
🦅 Eagles (+650)
The Chiefs have the best head coach and QB in football, but the best GM in the NFL is in Philadelphia. As long as Howie Roseman is calling the shots, the Eagles have a chance. They should once again be the most feared team in the NFC after winning the Super Bowl with a star-studded roster in 2025.
Coming off an all-time year, Saquon Barkley is back, as are A.J. Brown and DeVonta Smith. Meanwhile, the defense is as loaded as it gets with young stars like Jalen Carter, Cooper DeJean, Quinyon Mitchell, and Nolan Smith Jr. However, the unit did lose former All-Pro cornerback Darius Slay to the in-state rival Pittsburgh Steelers.
The Eagles also have eight picks in this year's draft, including the No. 32 overall pick and four selections in the fifth round. Knowing Roseman's history as a talent evaluator, those picks could prove critical to another deep run.
Best odds: +650 via BetMGM | Implied probability: 13.33%
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🐦⬛ Ravens (+700)
While Lamar Jackson didn't win his third MVP this past season, he had arguably the best year of his career and Baltimore looks poised to be back near the top of the league again. The team extended offensive coordinator Todd Monken and has Rashod Bateman, Zay Flowers, and Derrick Henry back around Jackson.
The defense looks to be in good shape too with Kyle Hamilton, Marlon Humphrey, and Roquan Smith leading the way. However, the Ravens continue to disappoint in the postseason, so adding experienced veteran help in the offseason may be the key to taking that next step.
This team could also use some help in the trenches, and this year's draft class is heavy on impact linemen on both sides. Don't be surprised to see Baltimore draft one of this year's premier pass-rushers to be an early contributor.
Best odds: +700 via bet365 | Implied probability: 12.50%
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🔴 Chiefs (+750)
So long as Mahomes is under center and Reid is on the sideline, the Chiefs will be among the favorites to capture the Lombardi Trophy.
Similarly to prime Tom Brady and Bill Belichick, it almost doesn't matter who else is on the roster because the Chiefs have proven capable of making anything work - even if they didn't look great in Super Bowl 60.
The Chiefs will also get key players like Creed Humphrey, George Karlaftis, Trent McDuffie, and Rashee Rice back. Nonetheless, Brett Veach and Reid have built a roster around Mahomes that should have Kansas City competing for the Super Bowl for years to come.
That's especially true if they use any of their draft picks - they have eight, including the No. 31 pick - to swing a trade for an impact veteran.
Best odds: +750 via BetMGM | Implied probability: 11.76%
🦬 Bills (+750)
It feels like the Bills have been a few plays away from the Super Bowl for years now, which is what happens when you have an MVP quarterback in Josh Allen and a rotating cast of aging veterans and unproven youngsters around him.
That will once again be the case in 2025, especially after doing little to upgrade the roster during free agency. Josh Palmer was the biggest signing (3 years, $36 million), though he's never proven to be an alpha receiver, while Joey Bosa (1 year, $12.6 million) could make an impact after losing Von Miller on the edge.
We'll see what the Bills do with their 10 picks over the three-day NFL draft. This regime has a habit of trading premium picks to amass volume later, but this roster could use an injection of talent to support what should be another elite season from Allen under center.
Best odds: +750 via BetMGM | Implied probability: 11.76%
🗓️ When is Super Bowl 2026?
Super Bowl 2026 is on Feb. 8, 2026, at Levi's Stadium in Santa Clara, Calif. Follow all NFL key dates for the 2025-26 season.
- Date: Sunday, Feb. 8
- Time: 6:30 p.m. ET
- Location: Levi's Stadium (Santa Clara, Calif.)
- Favorite: Eagles (+650 via BetMGM)
- TV: NBC
🔢 2026 opening Super Bowl odds
Here are the 2026 Super Bowl odds from DraftKings as of Sunday, March 9.
- Eagles +650
- Chiefs +700
- Bills +700
- Ravens +700
- Lions +900
- 49ers +1400
- Bengals +1900
- Commanders +1900
- Packers +1900
- Chargers +2500
- Rams +2500
- Texans +3000
- Broncos +3500
- Buccaneers +3500
- Vikings +4000
- Bears +4000
- Cowboys +6000
- Seahawks +6500
- Falcons +6500
- Dolphins +6500
- Steelers +7000
- Cardinals +7000
- Patriots +8000
- Raiders +8000
- Colts +11000
- Jaguars +11000
- Giants +13000
- Jets +18000
- Browns +18000
- Saints +18000
- Panthers +18000
- Titans +20000
💰 Super Bowl betting history
Here's a look at the last 10 Super Bowl winners, along with their preseason odds to win the NFL championship. The Eagles have been the biggest surprises to win over the last 10 years, including cashing as 40/1 long shots in 2018.
| Year | Team | Preseason odds |
|---|---|---|
| 2025 | Eagles | +1400 |
| 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 |
💡 How to bet on the Super Bowl
Looking to place bets on the Super Bowl? You'll need to check out our best Super Bowl betting sites as well as the best Super Bowl betting promos.
Betting on the Super Bowl is legal in these 34 states:
- Arizona
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- Louisiana
- Maine
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- Nevada
- New Hampshire
- New Jersey
- New York
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- Ohio
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- Wisconsin
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📖 Super Bowl betting guide
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.
Most people bet on the Super Bowl once the matchup is announced, which narrows the options available to two teams and reduces your risk when betting either one. Both the Chiefs and Eagles featured better than a 45% implied probability entering the Super Bowl, and a bet on either would have returned a fairly similar profit for the winner.
That said, the best time to get the most return on your Super Bowl bets is before the season, when teams are regularly priced from +500 (bet $10 to win $50) all the way to +35000 (bet $10 to win $3,500) or even longer. Clearly, teams with those potential returns don't tend to fare well in the regular season, hence the long odds to win it all.
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, won two straight Super Bowls and three of the last six championship games. It's also why most Super Bowl winners tend to enter the season with odds shorter than +1000, 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 Chiefs opened with +500 odds to win the 2025 Super Bowl. That means a $100 bet at those odds would return $500 in profit, or a $10 bet would return $50 in profit. You could have even bet $1 for a $5 return if Kansas City won its third consecutive championship.
Meanwhile, the Eagles opened with +1400 odds, and a $100 bet before the season would have paid $1,400 after they won it all. Those odds carried an implied probability of 6.67%, according to our odds converter. Compare that to their +100 moneyline odds entering the Super Bowl, which would have turned a $100 bet into a $100 profit with a 50% implied probability.
When we get close to the Big Game, you'll see one team dealing at "negative" odds. For example, the Chiefs opened as -125 favorites to win Super Bowl 59 after the matchup was announced, meaning you would have needed to bet $125 to win $100, or $12.50 to win $10. That's much shorter than the +500 odds they featured before the season.
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 FAQs
Who is predicted to win Super Bowl 2026?
The Philadelphia Eagles are the 2026 Super Bowl favorites with +650 odds, which implies a 13.33% chance to win the Super Bowl, according to our odds calculator.
What is the 2026 Super Bowl matchup?
We don't yet know the Super Bowl 2026 matchup. The Kansas City Chiefs and Philadelphia Eagles have met twice in the last three years, though the Baltimore Ravens are trading slightly ahead of the former in the AFC. The Eagles are betting favorites to win the Super Bowl.
When is the 2026 Super Bowl?
Super Bowl 60 will be played on Feb. 8, 2026, with kickoff set for 6:30 p.m. ET.
Where is the 2026 Super Bowl?
The 2026 Super Bowl will take place at Levi's Stadium at Santa Clara, Calif.
How to watch Super Bowl 2026
NBC will broadcast Super Bowl 60 nationally on Feb. 8, 2026, at 6:30 p.m. ET.
🏟️ NFL betting odds pages
Here are some of our other NFL betting odds pages to help you with your NFL futures ahead of the 2025-26 NFL season. Don't miss our guide on how to bet on the NFL.
💵 Best NFL betting sites
Ready to bet on the Super Bowl? Check out our best NFL betting sites and the best sportsbook promos for the NFL season:
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