AFC Championship Odds, Favorites to Win, Best Bets 2024/25: Chiefs Going for 5th Title in Six Years

Written by: Tanner Kern
Fact-checked by: James Whitelock
Updated May 28, 2024
14 min read
  • The Chiefs are favored to win the AFC Championship at +370

  • Chiefs receiver Rashee Rice is expected to be suspended prior to the season

  • The Ravens (+490) and Bengals (+700) round out the top five 

The Kansas City Chiefs are favored to win the AFC once again heading into the 2024/25 season. The Chiefs don’t have the best roster in football, but they have the best quarterback, and this has been the reason they have won four championships in five years. 

Last season, Patrick Mahomes completed 77% of his passes in the AFC Championship as the Chiefs beat the Ravens 17-10 to advance to the Super Bowl. They went on to win the big game for the second consecutive season and are now looking to make more history. 

However, the road won’t be easy this season as the AFC is the best we’ve seen in years. The season is approaching and it’s time to start placing futures for the conference. Here, we will break down our best bets for the conference, and examine if the Chiefs have the team to win their fifth championship in six seasons.

AFC Championship Odds

Odds from FanDuel Sportsbook. Click on the odds below and head to FanDuel to place your bets: Bet $5, Get $200 in Bonus Bets.

TeamOdds
Kansas City Chiefs+370
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Baltimore Ravens+490
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Cincinnati Bengals +700
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Buffalo Bills +700
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Houston Texans+850
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Miami Dolphins+1200
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New York Jets +1300
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Cleveland Browns +2100
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Los Angeles Chargers+2100
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Jacksonville Jaguars+2100
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Indianapolis Colts +2500
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Pittsburgh Steelers+2500
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Las Vegas Raiders+4500
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Tennessee Titans +6000
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Denver Broncos +7000
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New England Patriots+9000
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Afc Championship Predictions

AFC Championship Predictions - AFC Favorites

Kansas City Chiefs (+370) at FanDuel

The Kansas City Chiefs don’t have the best roster in the league, but this doesn’t matter. They have a tremendous quarterback in Mahomes who is now being referred to as the GOAT. 

Mahomes has won three Super Bowl rings and four AFC Championships. He finished the season sixth in passing yards with 4,183. He threw 27 touchdowns and had the eighth-best QBR in the NFL at 63.1. 

Kansas City was scrutinized last season for not having enough downfield weapons. However, Travis Kelce delivered as Mahomes' primary target, and they received a ton of production out of rookie wide receiver Rashee Rice. 

Yet, Rice was in the news for the wrong reason this offseason. He is facing one count of aggravated assault, one count of collision involving serious bodily injury and six counts of collision involving injury. 

Rice is expected to be suspended for at least eight games, which will be a dagger for the Chiefs offense. Despite this, Kansas City drafted Xavier Worthy at the end of the first round to help fill the void. 

The speedy wide receiver out of Texas will help the offense. He had 75 receptions for 1,014 yards and five touchdowns. The Chiefs should be favored to win the AFC Championship, but even with Mahomes, it’s always tough to stay at the top of the mountain. 

Kansas City has been the class of the AFC for years, but there are teams with the capability to upset the defending champions. Yet, it’s never a bad bet to take the Chiefs because they have won four conference championships in five seasons, and it seems like the team is hungry for a Super Bowl three-peat. 

Bet on Chiefs (+370) at FanDuel 

Baltimore Ravens (+490) at FanDuel

The Baltimore Ravens were heavy favorites to win the AFC Championship at the conclusion of the 2024 regular season. Baltimore was a 4.5 point favorite against Kansas City in the AFC title game, and they lost outright. 

Many people in the football world believed Lamar Jackson and the Ravens had a chance against the Chiefs, but this wasn’t the case. 

Kansas City’s defense shut down Jackson, and it continued the narrative that the quarterback can’t win the big game. Jackson won MVP in 2023-24, but fell short in the biggest moment. 

Despite this, the Ravens have a better overall roster than the Chiefs. It’s widely regarded as the best roster in the AFC and they improved in the offseason. 

The team added Derrick Henry at running back, who is one of the best at the position in the NFL. Henry will be a perfect power counterpart in the backfield to Jackson because the quarterback beats defenders with speed. 

The offense will score points, and the defense should torment the opposition. Yet, their odds should be longer considering Jackson is 0-5 against Mahomes and the Chiefs over his career. 

Bet on Ravens (+490) at FanDuel 

Cincinnati Bengals (+700) at FanDuel

The Chiefs have been the enforcers in the AFC for years, but the one quarterback to beat Mahomes in the AFC Championship during their recent run is Joe Burrow. 

Burrow is Mahomes’ kryptonite, and even though the Chiefs got the best of the Bengals in their most recent AFC Championship battle, Cincinnati still can beat Kansas City. 

We can’t say the same about Baltimore because the Chiefs have dominated the Ravens. The Bengals had a difficult season in 2023-24. Burrow was injured in training camp, and when he found a rhythm during the regular season, he suffered a season ending injury to his throwing arm. 

Yet, Burrow is currently healthy and if the Bengals protect him, they will have a solid team. It starts with their elite group of receivers in Ja’Marr Chase and Tee Higgins. 

Chase is the primary receiver and Higgins is on the franchise tag, so this is a contract year. Both receivers should be dominant. 

Cincinnati no longer has Joe Mixon, but he will be replaced by Zack Moss who is a solid option. However, Burrow and the passing game will be at the forefront of Cincinnati’s offense. 

Bet on Bengals (+700) at FanDuel 

Buffalo Bills (+700) at FanDuel

The Buffalo Bills are slight favorites to win the AFC East, and this shouldn’t be an issue for Josh Allen and company. However, it’s a much tougher ask for Buffalo to win the Super Bowl because they have come up short in big moments over the years. 

Mahomes has owned Allen in the big game, and this was clear in last year’s divisional round. The Bills were in a position to easily win the game, but a few missed throws and failed kick led to the Chiefs advancing to the AFC Championship. 

The offense is built around Josh Allen, who posted massive numbers last year. He threw for 4,306 yards, 29 touchdowns, and added another 15 on the ground. 

Stefon Diggs has departed for Houston, so Allen’s primary receiver is gone. Yet, the team added Keon Coleman out of Florida State who has a lot of promise. They also have Khalil Shakir leading the way as their primary receiver, and he was great down the stretch of the 2023-24 season. 

Injuries hurt the Bills on defense last season, but they have a lot of talent. It starts with Matt Milano, who tore his ACL last season. The linebacker sets the tone, and him being healthy in 2024 will be a relief for Sean McDermott’s team. 

Bet on Bills (+700) at FanDuel 

My Pick -Cincinnati Bengals (+700) at FanDuel

The Bengals value at 7-1 is tough to beat in the AFC. The team was crippled by injuries last season, but the core of their Super Bowl team is still present. 

The AFC North prepares teams for the playoffs, and while they have to go through Baltimore in the division, they have the talent to make it happen. 

The Chiefs are the easy pick to win the AFC, but the value is too short to take Kansas City.

Bet on Cincinnati Bengals (+700) at FanDuel 

Who Won the AFC Championship in 2023-24?

The Chiefs won the AFC Championship Game in 2023, defeating the Ravens 27-20. Kansas City’s defense was fantastic throughout the entire game. 

Lamar Jackson won the MVP in 2023-24, and Kansas City’s defense made him look silly. Jackson turned the ball over multiple times and was held to 54 yards rushing. Considering he was the Ravens' leading rusher, this limited result was a massive success for Kansas City. 

Travis Kelce delivered for the Chiefs on offense, catching 11 passes for 116 yards with one touchdown. This marked the second straight AFC Championship victory for Kansas City and their sixth consecutive year in the title game. 

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 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.

History of Past AFC Champions

YearChampion
2023Kansas City Chiefs
2022Kansas City Chiefs
2021Cincinnati Bengals
2020Kansas City Chiefs
2019Kansas City Chiefs
2018New England Patriots
2017New England Patriots
2016New England Patriots
2015Denver Broncos
2014New England Patriots
2013Denver Broncos
2012Baltimore Ravens
2011New England Patriots
2010Pittsburgh Steelers
2009Indianapolis Colts
2008Pittsburgh Steelers
2007New England Patriots
2006Indianapolis Colts
2005Pittsburgh Steelers
2004New England Patriots
2003New England Patriots
2002Oakland Raiders
2001New England Patriots
2000Baltimore Ravens
1999Tennessee Titans
1998Denver Broncos
1997Denver Broncos
1996New England Patriots
1995Pittsburgh Steelers
1994San Diego Chargers
1993Buffalo Bills
1992Buffalo Bills
1991Buffalo Bills
1990Buffalo Bills
1989Denver Broncos
1988Cincinnati Bengals
1987Denver Broncos
1986Denver Broncos
1985New England Patriots
1984Miami Dolphins
1983Los Angeles Raiders
1982Miami Dolphins
1981Cincinnati Bengals
1980Oakland Raiders
1979Pittsburgh Steelers
1978Pittsburgh Steelers
1977Denver Broncos
1976Oakland Raiders
1975Pittsburgh Steelers
1974Pittsburgh Steelers
1973Miami Dolphins
1972Miami Dolphins
1971Miami Dolphins
1970Baltimore Colts

Popular NFL Futures Bets

NFL bettors can place wagers on a variety of futures markets, both long-term and short-term, depending on when the bets are placed.

Futures bets are available for team and player performances. The closer the finish line on the bets, the more lopsided the bets usually are in favor of the prospective winner. Betting futures far away from the completion date is, therefore usually more profitable, unless there is a huge upset or reversal in fortunes late into the season.

Here are different kinds of futures bets that are available.

Regular Season Wins

Bettors can find project win totals for every team in the league and wager on whether or not the team will exceed that total. Win totals are usually set at x.5 so that there are no pushes (draws). For example, the Bengals have a projected win total of 11.5, so 11 wins or fewer would be under, and 12 or more would be over.

Record Breakers

There is a selection of record-breaker bets available at the start of every season. They target players that are either close to historical achievements or have shown a propensity or ability to challenge for all-time marks. 

An example of a record-breaker bet is Patrick Mahomes to throw for the most yards in a single NFL season. In 2022, he threw for 5,250 last season, which is just about 13.3 yards per game off the all-time mark.

Player Totals

Bettors can also bet on player single-season totals in different areas, including passing and rushing totals, sacks, interceptions, and more. These are correlated to but still distinctly different from awards betting (which we discuss below).

Award Winners

Players can also throw down bets on which athletes will win different awards, including Regular Season MVP, Offensive Player of the Year, Defensive Player of the Year, Offensive Rookie of the Year, Defensive Rookie of the Year, and more. These bets can be placed from the first day post-Super Bowl all the way until the end of the season, but the odds are constantly changing.

How to Choose the Best Sportsbook for Betting on the AFC Championship

Choosing the best online sportsbook can seem like a daunting process, but it is actually not all that bad. We have provided a guide on how to pick the best sportsbook for your NFL betting pleasure, which we encourage you to read.

Make sure to try out different sportsbooks and find the one that you are the most comfortable with before making any long-term commitments.

BetMGMCaesarsFanDuel
AFC Championship Winner Odds+350+330+370
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AFC Championship Winner Odds

There’s a very simple way to remember how odds work.

If the odds value starts with a “-,” that means that bettors have to risk the listed amount to win $100. For example, -400 odds means that a $400 bet will result in a $100 profit. Lines with “-” are usually (but not always) the favored outcome, or the one that is expected to occur.

If the odds value is preceded by a “+,” that means that a $100 bet will win the listed amount. So, +400 odds means that a $100 bet will result in $400 of profit.   

Welcome Bonus

NFL betting sites offer constant welcome bonuses to new users to make the sign-up process more enjoyable and profitable. Bonuses can result in all sorts of prizes, including money-back in bet credits if the first bet loses, guaranteed bonus bets, odds boosts, deposit matches, and much more.

Payment Options

Every sportsbook will accept different forms of payment, although almost all of them have the same basic options. You can find more information about what payment methods are available at a particular sportsbook by consulting our sportsbook reviews or navigating to the deposit section of your sportsbook.

2024 AFC Championship FAQ

What is the AFC Championship?

When is the AFC Championship Game?

Who Is Favored to Win the AFC?

Which Team Has Won the Most AFC Championship Games?

Which Team Has Lost the Most AFC Championship Games?

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Tanner Kern

Sports Betting Analyst & On-Air Host

Expertise:
MLB
NCAAB
NCAAF
NFL
Online Sports Betting
Tanner Kern has been working in the betting industry since 2020. He currently is a social media content creator at DraftKings and contributes to multiple sites in addition to WSN, including Forbes and VSiN. He is also the cohost of the podcast Ride the Line at WSN.
Nationality: American
Education: M.S in Sports Journalism
Favourite Sportsbook: Fanatics Sportsbook
Favourite Casino: Caesars Palace
Experience:
4 years
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