Super Bowl 59 Odds Report, Trends: Everything You Need to Know
For the latest Super Bowl odds updates, check out Super Bowl 59 Odds, Trends: Everything You Need To Know
Super Bowl odds for 2024-25 were on the board even before the Kansas City Chiefs' stirring victory over the San Francisco 49ers to close out the 2023-24 season. No surprise, those two teams are again right at the top.
The two-time defending champion Chiefs are favorites in odds to win the Super Bowl. But the 49ers are in hot pursuit as the second choice.
Here's everything you need to know about 2024-25 Super Bowl odds: action, line movement and betting trends. Check back regularly for updates and use our Caesars Sports bonus code to get the most out of your action.
Super Bowl 59 Odds
Market Leaders
Kansas City had to come from behind multiple times to win Super Bowl 58 vs. San Francisco. The last time, trailing 22-19 in overtime, Patrick Mahomes and Co. got a touchdown as time expired to secure a 25-22 victory.
"Last year, I was a big proponent of the 49ers, and I still believe that was the right side in the Super Bowl," Caesars head of football trading Joey Feazel said. "But Patrick Mahomes and Andy Reid find ways to get it done."
With that in mind, Caesars Sports now has K.C. as the +575 favorite in the Super Bowl futures odds market for 2024-25. San Fran is right behind at +625. That represents a flip from the opening odds in February, when the 49ers were +575 and the Chiefs +650.
"The most money is on the Chiefs, Niners, Lions and Packers, in that order. Ticket-wise, it's the Chiefs, Lions, Niners and Packers," Feazel said.
NFC North Gets Noticed
Detroit fell just a game short of making the Super Bowl last season. The Lions had a 24-7 halftime lead at San Francisco, but lost 34-31 on a last minute Niners touchdown.
A week before that, in the Divisional Round, the Packers nearly ended the 49ers' season. Green Bay fell short 24-21, again on a late touchdown.
Detroit is the +1000 co-third choice at Caesars, joined by Baltimore. Back in February, the Lions opened as the +1300 sixth choice.
Green Bay is a few slots further down the board, at +1800 in odds to win the Super Bowl, which is right where the Packers opened.
Feazel is intrigued by the entire division.
"Green Bay is really interesting, and that whole NFC North could be the class of the league," he said. "Out of all the NFC North teams, Super Bowl bettors are liking the Packers the most."
More Contenders
The Ravens reached the AFC Championship Game last season, and in fact were home favorites vs. Kansas City. But Baltimore lost in a 17-10 slog.
Still, as noted above, the Ravens are the +1000 co-third choice in Caesars' Super Bowl odds market, down a tick from the +900 opener. Feazel believes there's some value in Baltimore, after the Ravens added running back Derrick Henry.
Buffalo normally generates a lot of betting interest. But that hasn't been the case so far this offseason.
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"One team we're offering value on, but no one is interested in, is the Buffalo Bills," Feazel said. "We're well longer than the market on the Bills, and it's not attracting action. The window might be closing on the Bills."
For those who think that window isn't closing, Buffalo is the +1700 eighth choice at Caesars. Back in February, before the Bills shipped wideout Stefon Diggs to Houston, Buffalo opened as the +1000 fourth choice.
Longer Shots
Feazel pointed to two teams making noise further down the Super Bowl odds board.
"We've seen a lot of Steelers money and a lot of Raiders money. I think that's more fan-faithful action," he said. "The Raiders wanted a quarterback in the draft and didn't get one. The Steelers are another team dealing with a QB identity crisis.
"But they're both getting some action."
After opening +7000, Pittsburgh is into +4500 in Caesars' odds to win the Super Bowl. The Steelers have both Russell Wilson and Justin Fields on the roster, moving on from Kenny Pickett.
Las Vegas opened +8000 and is now at +6000. Second-year QB Aidan O'Connell No. 1 on the depth chart, followed by popular journeyman Gardner Minshew.
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