AFC Championship Odds, Favorites to Win, Best Bets: Ravens and Bills at the Top of the Oddsboard

The AFC Championship is the title game of the American Football Conference, serving as one of the two semifinal matchups in the NFL playoffs to determine who advances to the Super Bowl.

To win, a team must first qualify for the postseason - either as a division winner or a wild-card seed - and then win two consecutive elimination games (the Wild Card and Divisional rounds) to reach the conference final.

Let's check out the latest odds and standings below.

AFC Championship Odds

Odds from FanDuel Sportsbook. Place your bets at FanDuel and claim the following promo offer: Up to $3,000 in Bonus Bets.

AFC Championship Winner - My Pick

Buffalo Bills (+550) at FanDuel Sportsbook

The Buffalo Bills are positioned to capitalize on a massive "market correction" following their transition year in 2025. Currently valued at roughly +550, the Bills offer significant ROI potential as they enter the inaugural season of the New Highmark Stadium with a refreshed coaching staff led by Joe Brady. The primary value driver is Josh Allen’s health; having successfully undergone surgery to repair a foot injury he played through during his 3,668-yard, 25-touchdown campaign last season, a fully mobile Allen remains the highest-ceiling asset in a conference where veteran icons like Patrick Mahomes are navigating roster attrition.

Furthermore, by finishing second in the AFC East behind the Patriots, Buffalo avoids a "first-place schedule," drawing a favorable 2026 slate that includes home matchups against a regressing Kansas City and transition-heavy Ravens. With elite young targets like Dalton Kincaid and Keon Coleman entering their prime and a defense reinforced by extensions for Greg Rousseau and Terrel Bernard, Buffalo possesses the most stable roster-to-quarterback infrastructure in the AFC, making them the safest bet to dethrone the Patriots.

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How to Bet on the AFC Championship

The AFC Championship market is great to target because your wager lasts all season. If you take one of the top teams in the conference, they likely end up in the playoffs. 

You can root for the team all year to make the postseason with a high seed and contend for a championship. It’s always smart to pick a couple of teams to win the AFC Championship, and since the odds are long, you can still profit with this approach. 

FanDuel adds AFC Championship markets throughout the year. These include exact matchups and outcomes as well as playoff seeding markets. 

The FanDuel traders work tirelessly to create these great markets for bettors, a perk of using the sportsbook. The other way to bet on the AFC Championship is by taking the game’s MVP. 

This market isn’t currently up, but as playoff seeds are clinched, FanDuel will post an MVP market. This type of bet is considered a future prop. 

How to Read AFC Championship Odds

We use the American odds to read AFC Championship odds. The AFC odds are long currently, and all are plus money. However, the odds may become negative as the season develops, so knowing how to read the sportsbook is essential. 

If the odds show a minus (–), that amount must be wagered to win $100. (e.g., $150 means you must bet $150 to win $100).

If the odds show a plus (+), you will earn that money on a successful $100 bet. (e.g., +300 means you make $1300 on a $100 wager.)

Where to Bet on AFC Championship Winner

FanDuel Sportsbook isn’t the only place you can bet on the AFC Championship winner. We love FanDuel for their welcome bonus: Up to $3,000 in Bonus Bets. But there are plenty of online sportsbooks that offer odds. 

Caesars Sportsbook and BetMGM Sportsbook have been industry leaders for NFL betting. They started as retail sportsbooks before expanding online. 

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If you are looking for a different type of welcome bonus, register at BetMGM with our promo code WSNSPORTS and claim: Get Up to $1,500 in Bonus Bets*.

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AFC Championship Winner History

The NFC and AFC were formed in 1970 when the NFL merged with the American Football League (AFL), splitting the league into two distinct conferences. The Baltimore Colts (now the Indianapolis Colts) defeated the Oakland Raiders (Las Vegas Raiders) 27-17 in the first AFC Championship Game.

The Chiefs have been the dominant force in the AFC the past few seasons. They have won five of the last six championships, with Joe Burrow’s Bengals being the only team to stop them in 2021. 

The winner of the AFC Championship Game earns a bid in the Super Bowl against the NFC champion and also takes home the Lamar Hunt trophy, named after the founder of the AFL.

AFC Champions in Recent Years