Super Bowl 2024 Odds, Predictions, Best Bets

• Check out the best 2024 Super Bowl Odds for all of your futures bets on the next NFL Season.

• After walking away winners this past season, the Kansas City Chiefs are the early favorites for next season.

• Super Bowl LVIII will be on Sunday, February 11, 2024, at Allegiant Stadium in Paradise, Nevada.

The 2023 NFL season was a circus with so many ups and downs, but to the surprise of no one, the Kansas City Chiefs, led by quarterback Patrick Mahomes walked away winners of Super Bowl 57. With the NFL's 2023 season over, online sportsbooks are already sharing their 2024 odds for next year's  Super Bowl LVIII winner.

Here are the things to look out for in the upcoming NFL off-season that will affect those odds. What will teams do with players on expiring contracts? Will they resign them, find replacements in the NFL Draft or NFL free agency, or perhaps their replacement is already on the team? Several NFL teams have hired new head coaches, which will come with many changes to their team's existing approach. Also, what players will retire? 

All of the above will affect the 2024 Super Bowl Odds, and as those odds change, we here at WSN will be all over it, covering the updates as they happen. Are you looking for the best NFL bonuses? We got you covered! Check out our list of the best sportsbook promotions, codes, and bonuses across all online sportsbooks!

2024 NFL Super Bowl LVIII Winning Team Odds

Odds taken February 20, 2023 from Caesars

Which Team Has the Best Odds of Winning the 2024 Super Bowl?

The defending Super Bowl champion Kansas City Chiefs are the early favorite to win the 2024 Super Bowl. In a season where Patrick Mahomes lost his number one receiver, and his offensive number went up while winning the MVP, it is not hard to see why. As long as the Chiefs have a healthy Mahomes at quarterback, the Chiefs will likely be near the top of off-season Super Bowl Favorites.

Other teams in the NFL that find themselves in the top five of Super Bowl favorites are this year's runners-up, the Philadelphia Eagles. The Buffalo Bills, San Francisco 49ers, and Cincinnati Bengals round out the rest of the top five for 2024 Super Bowl favorites.

It is worth noting that four of the top five teams have established star quarterbacks. As long as an NFL team has a stud at quarterback, sportsbooks tend to lean toward those teams when it comes to odds.

How to Place Super Bowl Bets Online?

When you are ready to crack open your betting kitty and put some cold cash on a Super Bowl LVIII future bet, the next part is easy, and it will only take a few moments since you will be signing up with at least one of our recommended mobile sportsbooks.

First, make sure you are in a state where sports betting has been made legal, with over thirty in play. Chances are you are in one, choose your favorite sportsbook and register with them, then link a bank method so you can start placing wagers.

That's also where your winnings will be deposited once you find the best odds for whatever wager you have in mind. We always recommend shopping around to see what action at different online sportsbooks is to ensure you get the best odds available.

How to Choose the Best Sportsbook for Betting on the Super Bowl?

There are multiple factors to consider when you are shopping around for a sportsbook to work with, so be sure to take the time to do your research before you place any bets since you could save a lot of money and time with the right choice and waste a lot of both if you choose wrong. Our Sportsbook ranking page is a great place to start, with each sportsbook also having a full review.

There are multiple factors to consider when you are shopping around for a sportsbook to work with, so be sure to take the time to do your research before you place any bets since you could save a lot of money and time with the right choice and waste a lot of both if you choose wrong.

Super Bowl Winner Odds

They may look tricky, but it's relatively simple: if the odds are minus (–), then that amount of money must be wagered to win $100. (e.g. –150 means you must bet $150 to win $100.) If the odds are plus (+), then you'd earn that amount of money on a successful $100 bet. (e.g., +150 means you make $150 on a $100 wager.)

Welcome Bonus

This is the amount of money the sportsbook gives its new customers when they sign up to play, and it varies, so it pays to shop around, with some gamblers joining multiple operators and enjoying just as many bonuses, so be sure to check out for the best ones.

Payment Options

Make sure the sportsbook you choose allows for whatever payment option you prefer, as that becomes an important part of the relationship since you are not only transferring money in to gamble. You will also be transferring all your great winnings out.

NFL Super Bowl Betting Markets and Kinds of Odds

Futures Bets

These are wagers placed on an event, series, or an award that will finish in the future (like the Super Bowl!), so these are a fun way to pad your season since they take some time to hit and payoff, but when they do it's a blast.

NFL Futures Markets

There are many options here besides the Big Game, including conference winners, player totals, awards winners, season specials, and Super Bowl MVPs, all ways to take advantage of your hunch on the best in the NFL.

Money Line

This is the most basic wager you can place, and you are simply betting on which team will win the game outright with no points given to either side, so the payoff depends on whether one team is heavily favored.

Prop Bets

A prop bet, short for proposition bet, is a wager not tied to the final score or outcome of a game, so they can be as basic as whether Aaron Rodgers will throw for more than 350 yards in a game to as complex as what color Gatorade will be tossed on the winning coach.

Over/Under (Totals)

Any wagers on the total number of points in any given game, and bettors can wager on whether or not the combined points / goals / runs scored by both teams will go over or under a predetermined amount.

Parlays

Any type of wager where two or more bets are combined together to make one bet with a greater payout but to win, all the bets must win, so the odds can be more challenging, though when they do hit, the money makes it worthwhile.

Why the Kansas City Chiefs are favored to win again.

Last year's Super Bowl champion Kansas City Chiefs (+575) are favorites to win again in 2024, which is interesting given how difficult it is to win back-to-back Lombardi Trophies, though given QB Mahomes'’ skills and HC Andy Reid's top-notch game plans, it's no wonder they are favored.

Best Strategies for Super Bowl Betting

Every bettor will tell you the secret to Super Bowl betting, and they are all correct if it works for them, but there are some ways you can increase your chances to win if you do some research before you put any of your hard-earned money down.

For example, consider which team you think has the best quarterback since they tend to win more championships. Also, consider the quality of a team's defense since that can matter in the postseason when winter weather can limit what an offense can do.

For fun, bet on the underdog since you will get better odds and usually points added on, and if one of those teams happens to be based near Las Vegas, where the Super Bowl will be played next season, expect that to give them a bit of an advantage in the Big Game.

Bet on Alternate Lines

Another strategy some bettors use is to bet on alternate lines since most sportsbooks allow you to buy or sell points on the spread or total for a sporting event, but keep in mind this will change the odds, so do the math first and make sure it's worth it.

Why the Odds Favor the Chiefs in Super Bowl 58 History Says Otherwise

In the history of the Super Bowl, only seven teams have won in back-to-back years, with the Pittsburgh Steelers the only team to have done that twice:

 New England Patriots (XXXVIII and XXXIX)

 Denver Broncos (XXXII and XXXIII)

 Dallas Cowboys (XXVII and XXVIII)

 San Francisco 49ers (XXIII and XXIV)

 Pittsburgh Steelers (twice: IX and X; XIII and XIV)

 Miami Dolphins (VII and VIII)

 Green Bay Packers (Super Bowls I and II)

This is proof that even with many of the same players suiting up, a repeat performance is not guaranteed, thanks to injuries and trades and the other teams improving in the offseason with the specific goal of unseating the defending champions.

How to Watch the 2024 Super Bowl

Super Bowl 2024 FAQ