How Super Bowl Odds Have Changed Throughout The Offseason

  • The Buffalo Bills(+600), Tampa Bay Buccaneers(+700), Green Bay Packers(+1000), Kansas City Chiefs(+1000), and the Los Angeles Rams(+1100) have established themselves as Super
  • Bowl betting favorites, with their odds rarely changing over the offseason.
  • Contending teams such as the Denver Broncos, Cleveland Browns, and Indianapolis Colts have all seen their odds change dramatically since their trades for Pro Bowl quarterbacks.

GLENDALE, Ariz – The first NFL preseason game kicks off on Thursday when the Jacksonville Jaguars travel to Nevada to take on the Las Vegas Raiders. With preseason games signaling the start of the season and the end of the offseason, now is the time to highlight how Super Bowl betting odds have changed over the past few months.

How The Super Bowl Favorites Odds Have Changed Throughout The Offseason

The five teams that have distanced themselves from all other Super Contenders according to Super Bowl sportsbooks have been the Buffalo Bills(+600), Tampa Bay Buccaneers(+700), Green Bay Packers(+1000), Kansas City Chiefs(+1000), and the Los Angeles Rams(+1100).

Those five favorites have now been the favorites for almost four months now.

Team April 12th May 13th July 27th Current
Buffalo Bills +650 +625 +625 +600
Tampa Bay Buccaneers +700 +725 +725 +700
Green Bay Packers +1050 +1100 +1100 +1000
Kansas City Chiefs +975 +975 +975 +1000
Los Angeles Rams +1050 +1050 +1100 +1100

The only two large fluctuations amongst those teams came from the Tapa Bay Buccaneers and the Green Bay Packers either directly after the Super Bowl or just before the start of free agency on March 16th:

  • Tampa Bay Buccaneers: To begin the offseason it was apparent that oddsmakers were skittish at the thought of the Tampa Bay Buccaneers bringing back all their key players. Tom Brady retired on February 1st, causing the Buc’s odds on February 14th to grow to +2400, and then eventually +2800 on March 8th. The latest shortening of the Buccaneer’s odds from +725 to +700 can likely be attributed to Julio Jones signing with the team.
  • Green Bay Packers: The Packer’s Super Bowl odds have been all over the place from the start of this offseason. The day after the Super Bowl(February 14th) the Pack were +1450, before dropping all the way down to +750 on March 14th(the day that Aaron Rodgers signed his new contract and confirmed his commitment to the team), and then rose to +1050 in April following the Davante Adams trade.

Other Notable Super Bowl Odds Changes Throughout The Offseason

The Bills, Buccaneers, Packers, Chiefs, and Rams are not the only team in the league competing for the Super Bowl. 27 other teams are as well, meaning their Super Bowl odds have shifted as well. Specifically, the largest shifts occurred because of the quarterback offseason movement:

  • Russell Wilson Trade: Prior to trading for Russell Wilson, the Denver Broncos had been given +2100 odds to win the Super Bowl in February. The day the Wilson trade was announced(March 8th), the Bronco’s Super Bowl odds shifted to +1200 before eventually settling in at +1600.
  • Deshaun Watson Trade: The Cleveland Brown’s Super Bowl odds were nearly cut in half after for trading for Deshaun Watson on March 20th. Their odds went from +3250 on March 8th to +1750 on April 12th and now sit at +2500 following the news of his six-game suspension.
  • Matt Ryan Trade: Perceived by many to be a quarterback away from contention, the Indianapolis Colts traded for Matt Ryan on March 25th. Before the trade, the Colts’ Super Bowl odds were +2900 before going to +2300 and now rest at +2200 to win the Super Bowl.
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