Opening 2024 Super Bowl Odds – Chiefs and Bills Favored to Win Super Bowl 58

By John Perrotto in NFL Football
Published:

- The Chiefs have opened as +600 favorites to be the Super Bowl 58 champions
- The Chiefs won this year’s Super Bowl, beating the Eagles 38-35 on Sunday night
- A look at the 2024 Super Bowl champion odds can be found below with analysis
This year’s NFL season has just come to an end and a favorite has already been installed the win the 2024 Super Bowl – the Kansas City Chiefs at +600.
The Chiefs will go into next season as the defending champions. They beat the Philadelphia Eagles 38-35 in Super Bowl 57 on Sunday at State Farm Stadium in Glendale, Ariz.
Opening Super Bowl 58 Champion Odds
Team | Odds |
---|---|
Kansas City Chiefs | +600 |
Buffalo Bills | +850 |
Philadelphia Eagles | +900 |
Cincinnati Bengals | +900 |
San Francisco 49ers | +900 |
Dallas Cowboys | +1500 |
Baltimore Ravens | +1600 |
Los Angeles Chargers | +2000 |
Green Bay Packers | +2500 |
Jacksonville Jaguars | +2500 |
Detroit Lions | +2500 |
New York Jets | +2500 |
Los Angeles Rams | +3000 |
Miami Dolphins | +3000 |
Cleveland Browns | +3500 |
Denver Broncos | +3500 |
New Orleans Saints | +3500 |
Minnesota Vikings | +4000 |
Las Vegas Raiders | +4000 |
New York Giants | +4000 |
Pittsburgh Steelers | +5000 |
Carolina Panthers | +5500 |
New England Patriots | +5500 |
Washington Commanders | +5500 |
Seattle Seahawks | +6000 |
Chicago Bears | +6500 |
Tennessee Titans | +7000 |
Atlanta Falcons | +7500 |
Tampa Bay Buccaneers | +7500 |
Arizona Cardinals | +28000 |
Houston Texans | +28000 |
Indianapolis Colts | +28000 |
Odds as of February 12th at FanDuel Sportsbook.

Chiefs tache Favorite
That the Chiefs are the top choices to win it all next season is not surprising.
For openers, they have the 2022 NFL MVP in quarterback Pat Mahomes. He passed for an NFL-leading 5,250 during the regular season, over 500 more than the Los Angeles Chargers’ Justin Herbert, who was second with 4,739.
PATRICK MAHOMES AND THE KANSAS CITY CHIEFS TAKE THE LEAD!
(via @NFL)pic.twitter.com/Ms9N6AOZ8Y
— Sports Illustrated (@SInow) February 13, 2023
The Chiefs traded star wide receiver Tyreek Hill to the Miami Dolphins last offseason but still got back to the Super Bowl. Mahomes had a lot to do with that and so did tight end Travis Kelce, who had 110 receptions for 1,338 yards.
The Chiefs had a 14-3 record in the regular season and won their seventh consecutive AFC West title. They led the league in scoring with 29.2 points a game but were 16th among the 32 teams in scoring defense with a 21.7 average.
The Next Tier
Following the Chiefs on the board are the Buffalo Bills at +850. Listed at +900 are the Eagles, Cincinnati Bengals and San Francisco 49ers.
The Bills captured the AFC East title for the third year in a row with a 13-3 record but lost to the Bengals at home in a divisional-round playoff game. They have dual-threat quarterback Josh Allen and his favorite target, wide receiver Stefon Diggs, who had 1,429 receiving yards.
The Bengals lost to the Chiefs in the AFC Championship Game after going 12-4 in the regular season and winning their second straight AFC North title. Joe Burrow’s 4,475 passing yards were fifth in the NFL.
The 49ers reached the NFC Championship where they lost to the Eagles in Philadelphia while down to their fourth-string quarterback. San Francisco allowed just 16.3 points a game, tops in the league.
– 7 sacks
– 1 pick-6
– 1 fumble recovery
– 9 points allowedThat @49ers defense looked unstoppable on SNF. 😤 (by @CourtyardHotels) pic.twitter.com/PuP1qVvgMT
— NFL (@NFL) October 6, 2022
Longshot to Watch
The New England Patriots have opened at +5500 after going 8-9 and missing the playoffs for the second time in three games.
Worrisome for the Patriots is that quarterback Mac Jones regressed in his second NFL season. However, the addition of former Houston Texans head coach Bill O’Brien as offensive coordinator should do wonders for Jones’ development.
Bill Belichick is the second-winningest coach in NFL history with 298 regular-season victories and is a six-time Super Bowl winner. A team coached by Belichick at such long odds provides value.
The Best Bet
The 49ers’ season ended in ugly fashion with the 31-7 loss to the Eagles and fourth-string QB Josh Johnson leaving the game with an injury.
However, playing good defense still matters in the increasingly wide-open NFL, and the 49ers are better than anyone on that side of the ball. That’s why San Francisco is the way to go when betting on the 2024 Super Bowl champion.
Pick: 49ers +900
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Sports Writer
John Perrotto has been covering and writing about sports for various outlets for over 40 years. His work has appeared in the likes of USA TODAY, ESPN.com, SI.com, Forbes.com, The Associated Press, Baseball Digest, and more. John is based out of Beaver Falls, PA.