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This page tracked the Super Bowl 58 odds for all 32 teams in the NFL over the course of the 2023-24 NFL season. The Chiefs beat the 49ers in Super Bowl 58 on February 11, 2024 at Allegiant Stadium in Las Vegas, Nevada. It was the first time Las Vegas played host to the big game.

The graph below was generated by averaging the odds to win the Super Bowl from multiple sports betting apps and was updated after each week of the 2023-24 season.

Super Bowl Odds

The San Francisco 49ers were the Super Bowl favorites, as they prepared to take on the Kansas City Chiefs in Super Bowl 58.

Kyle Shanahan’s team became the favorites after beating the Seahawks in Week 12, ending Philadelphia’s one week reign as favorites. They really broke away from the pack after embarrassing the Eagles in Philadelphia in Week 13. The 49ers have even remained Super Bowl favorites after losing to the Ravens on Christmas night. San Francisco really overcame adversity after falling down 24-7 to the Lions entering halftime of the NFC Championship. A red hot second half gave Brock Purdy and company a 34-31 victory, punching their ticket to Las Vegas.

The Chiefs opened the season as the favorites to win Super Bowl 58, spent the entire offseason as the favorites, but saw the San Francisco 49ers take over as the Super Bowl favorites after Week 1. The Chiefs, however, took back over as the favorites following Week 7, but gave that up with a loss to the Eagles at home in Week 11.

The Chiefs and Eagles, who were favorites most of the season saw their odds fall off significantly over the final few weeks of the regular season as they continued losing / showing signs of weakness. The struggles ultimately led to a first-round playoff exit for the Eagles, but Kansas City has gotten hot at the right time and will represent the AFC in the 2024 Super Bowl. The Chiefs managed to outlast the Ravens in the AFC Championship, winning 17-10.

You can see the closing Super Bowl odds for 2024 below, and see how all 32 teams’ odds changed throughout the course of the 2023-24 NFL season with the graph above.

Team DraftKings Odds FanDuel Odds BetMGM Odds Caesars Odds bet365 Odds
San Francisco 49ers -122 -130 -130 -130 -130
Kansas City Chiefs +102 +110 +110 +110 +110

The 49ers were listed as the favorites to win Super Bowl 58 with -130 odds.

Super Bowl 58 Odds Movement

Here are some notes on the movement of the top contenders for Super Bowl 58:

  • [February 11] The Chiefs beat the 49ers 25-22 in the second Super Bowl to go to OT.
  • [January 28] The Super Bowl 58 matchup is set, as the San Francisco 49ers will take on the Kansas City Chiefs in a rematch of Super Bowl 54. The 49ers have opened as 2.5-point favorites, and are given -135 odds just to win the game.
  • [January 21] The 49ers enter the Conference Championships as the Super Bowl favorites with +145 odds. The Ravens are not far behind with +200 odds, but they’ll have to deal with the reigning champs in the AFC Championship.
  • [December 26] Even after losing handily to the Ravens on a Christmas edition of Monday Night Football, the 49ers remained the favorites to win Super Bowl 58.
  • [December 10] For the first time this season, neither of the Chiefs or Eagles are among the top two favorites to win the Super Bowl. Both teams lost in Week 14 and we have seen Miami move behind the 49ers for the second-best odds.
  • [December 5] The 49ers created some separation between themselves and the rest of the field when it comes to odds to win the Super Bowl after hammering the Eagles 42-19 in Week 13. We also saw the Chiefs lose in Week 13 as well.
  • [November 28] In spite of the Eagles winning again in Week 12, moving their record to 10-1, they are no longer the favorites to win the Super Bowl. Philadelphia failed to put together a complete game yet again, and the sportsbooks are obviously feeling that won’t cut it against top competition. The 49ers, on the other hand, looked very good in a win over the Seahawks, and have moved back to Super Bowl favorites.
  • [November 21] For the first time this season, the Philadelphia Eagles are Super Bowl favorites. This comes after beating the Chiefs at Arrowhead on Monday Night Football of Week 11.
  • [November 17] Prior to their TNF matchup with the Ravens, the Bengals’ Super Bowl odds were listed at +1600. With the news today of Joe Burrow being done for the season with a torn ligament in his wrist, which comes with all sorts of concerns (specifically from the betting world) due to Burrow not being listed on the Bengals’ injury report, Cincinnati’s odds have plummeted to +10000. I suspect we will see these odds continue to worsen before they play their next game as well.
  • [November 6] After fading to as long as +3000 in early October, the Bengals have moved back into the top eight Super Bowl contenders. This comes after their Week 9 win over the Bills, which has resulted in their odds improving from +1750 to +1200.
  • [October 23] The 49ers had already seen their Super Bowl odds slip after being upset by the Browns in Week 6, but were no longer seen as the favorites after their Week 7 loss to the Vikings. Kansas City is back to being favored to win the Super Bowl.
  • [October 3] The Bengals suffered another bad loss in Week 5, this time to the Tennessee Titans. Cincinnati’s Super Bowl odds took a bigger hit after this loss, moving from +1800 to +2900.
  • [September 25] After scoring 70 points in a Week 3 win over the Broncos, the Dolphins see their Super Bowl odds continue to improve, going from +1300 to +900. This ties them with the Cowboys, who faded from +750 to +900 after being upset by the Cardinals, for the fourth-best odds.
  • [September 18] After a concerning 0-2 start to the 2023-24 NFL season, the Bengals have seen their Super Bowl 58 odds fall to +1800, which still puts them in a tie for the eighth-best odds on the board.
  • [September 12] As we all await the likely and very unfortunate confirmation that Aaron Rodgers tore his Achilles four plays into his Jets debut, sportsbooks moved the Jets’ Super Bowl 58 odds from +1800 to +2500 Monday night. *Now that it is confirmed to be a torn Achilles, they are down to +6000*. The Bills, who lost to the Aaron Rodgers-less Jets in Week 1, have seen their odds fade from +800 to +1100.
  • [September 10] The San Francisco 49ers have taken over as Super Bowl 58 favorites after Sunday of Week 1. Their Super Bowl 58 odds improved from +1000 to +475 after a truly dominant performance against the Steelers. Dallas also put forth an incredible performance in Week 1, shutting out the Giants 40-0, and saw their odds improve from +1400 to +1000. Miami also saw notable improvement to their Super Bowl odds, as they moved from +2500 to +1700 after a thrilling win over the Chargers. On the other end, we saw the Bengals only fade from +1100 to +1400 after looking awful in a bad loss to Cleveland.
  • [September 8] After losing to the Lions in the 2023-24 NFL season opener, the Chiefsare now co-favorites to win the Super Bowl alongside the Eagles. We did not see their odds fade until Friday morning, as they remained the favorites throughout Thursday night. It should be noted Kansas City was without Travis Kelce and Chris Jones. Plus, Kadarius Toney played one of the worst games we’ve seen from a wide receiver in recent memory. The Lions, on the other hand, saw their Super Bowl 58 odds improve from +2200 to +1700 with the win.
  • [August 16] The Jets’ Super Bowl odds haven’t moved much at all after signing free agent running back Dalvin Cook.
  • [July 24] Despite signing free agent wide receiver DeAndre Hopkins, the Titans odds actually got worse, going from an average of +7750 to +8120. Sportsbooks and bettors obviously don’t feel Hopkins moves the needle in Tennessee.
  • [May 10] Heading into the NFL Draft, the Seahawks saw their Super Bowl odds improve dramatically, going from +6500 to +4250. Without any major move of their own to point to, I believe this was just due to the Rams trading off Jalen Ramsey, and potentially preparing for a bit of a rebuild, as well as the uncertainty around San Francisco QB Brock Purdy’s availability for Week 1 (and beyond). After Seattle landed both Devon Witherspoon and Jaxon Smith-Njigba in the first-round of the 2023 NFL Draft, their Super Bowl odds continued to improve, landing at +3500.
  • [April 28] The Ravens and Lamar Jackson have agreed to a five-year extension, keeping the 2019 NFL MVP in Baltimore. Their Super Bowl odds opened at +2800 due to the uncertainty around whether Jackson would remain in town, but are now continuing to steadily improve at +2150.
  • [April 24] The Jets’ Super Bowl odds improved from +1500 to +1400 after finalizing a trade to acquire Aaron Rodgers. The odds only shifted slightly because sportsbooks had already made the adjustment based on Rodgers being a Jet. After the former Packers QB said he wanted to be traded to the Jets, sportsbooks adjusted, knowing it was only a matter of time before the trade was official. The Packers saw more significant movement after the trade, fading from +3500 to +5000 with Jordan Love now taking over under center.
  • [March 13] An early report has suggested Aaron Rodgers has been traded to the Jets, but the news has yet to be confirmed. That has not stopped the Jets’ Super Bowl odds from continuing to improve, though, as they have now gone from +1800 to +1500. A fellow AFC East team also made a splash, as Miami traded for cornerback Jalen Ramsey. The Dolphins’ odds to win the Super Bowl went from +3000 to +2500 after the move.
  • [March 10] The Chicago Bears’ Super Bowl odds improved from +7000 to +5500 after trading the first-overall pick in the 2023 NFL Draft to the Panthers for a massive haul that included two first-round picks (one from this year’s draft), two second-round picks, and receiver DJ Moore. They’re not seen as contenders yet, but sportsbooks felt this was a strong move in the right direction, especially with Aaron Rodgers reportedly leaving the division.
  • [March 8] The Jets’ Super Bowl odds opened at +4000 but have since improved to +1800 after the Packers have granted Aaron Rodgers permission to speak with New York.
  • [March 6] The Saints’ Super Bowl odds went from +4250 to +3750 after signing Derek Carr.
  • [February 12] After winning Super Bowl 57, the Chiefs’ odds moved from +550 to +600 to win Super Bowl 58. They open the favorites yet again.
  • [February 1] Tom Brady has again announced his retirement from the NFL, this time saying it is for real. Tampa Bay’s Super Bowl odds had opened at +3500, but have now plummeted to as long as +6500 following Brady’s announcement.
  • [January 31] Denver’s 2024 Super Bowl odds opened at +4000, but improved to as short as +2800 after trading for former Saints head coach Sean Payton. The new head coach will be tasked with fixing Russell Wilson and the pitiful offense the Broncos put on the field last season.
  • [January 23] Early Super Bowl 58 odds opened with the Chiefs listed as +550 favorites, followed by the Bills, 49ers, and Eagles.

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After working in TV, Matt turned his focus towards numbers, specifically odds. He has been with us since 2016 and serves as SBD's Editor-in-Chief, credited with creating our futures trackers, SBD's score predictor, SBD Sharp, and his own model for calculating NFL SOS, among other products.