Super Bowl Odds 2023 Predictions, Picks, Best Bets

• Check out our best Super Bowl Odds 2023 to help you make the smartest wagers
• This season, Jalen Hurts’ Philly Eagles (+250) are the odds on favorites to win it all
• Watch Super Bowl LVII live on Sunday, February 12, 2023, at 6:30 p.m. ET on FOX

With the NFL’s 2022 regular season ended and the postseason well on its way, the odds makers have readjusted who they choose as their favorite teams to win the Big Game in 2023, so here we share our best Super Bowl Odds 2023 to help you make the smartest wagers.

This postseason, Jalen Hurts’ Philly Eagles (+250) are the odds on favorites to win it all, but QB Patrick Mahomes (ankle) and his KC Chiefs (+260) are next in line, followed by Joe ‘Cool’ Burrow’s Cincy Bengals (+275), and finally rookie Brock Purdy’s San Francisco 49ers (+330).

Those are the four exciting teams left in the postseason Super Bowl hunt, and there is still plenty of time to do your research before you bet on the upcoming Big Game, so here are our predictions, odds, and picks for a Super Bowl LVII winner – good luck, win big!

2023 NFL Super Bowl LVII Winning Team Odds

Odds taken from DraftKings Sportsbook

With a top-3 offense and the #2 defense, the Philadelphia Eagles (+250) are the odds on favorites to win Super Bowl LVII, and QB Jalen Hurts will continue to use his legs to earn first downs and more, his favorite target WR A.J. Brown with 11 receiving TDs (so far) this season.

Next up are the KC Chiefs (+260) who are always in the Super Bowl conversation now that QB Patrick Mahomes is working miracles from under center, but his high ankle sprain might affect how HC Andy Reid calls his offensive plays, a factor that could affect their Super Bowl chances.

Third on the list is Joe Burrow’s Cincinnati Bengals (+275) whose front line has been protecting him long enough to get the deep balls to speedy WR Ja’Marr Chase, while last on the list are the San Fran 49ers with their abundance of playmakers and rookie QB Brock Purdy who can’t seem to lose.

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 LVII winner, the next part is easy though it does take a few moments since you will be signing up with at least one mobile sportsbook that services your area.

First, make sure you are in a state where sports betting has been made legal, and with over thirty of them now in play chances are you are in one, then choose your favorite sportsbook and register with them, prove your identity, and then link a bank account so you can place wagers.

That’s also where your winnings will be deposited once you find the best odds for whatever wager you have in mind, and we always recommend shopping around to see what action the different sportsbooks are offering so you make sure 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.

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, and season specials, 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 types 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.

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 is you do some research before you put any of your hard earned money down.

For example, take a look at which team you think has the best quarterback since they tend to win more championships, and 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 Arizona where the Super Bowl will be played this year, 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 Rams and Bengals Are Not the Super Bowl Odds Favorites?

Neither of last year’s Super Bowl teams are favorites to win again this year, the 5-12 Los Angeles Rams out because they were eliminated from the playoffs during the regular season and the Cincinnati Bengals because repeat contenders are rare and the odds makers know this.

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)

So, chances are the Bengals will not be hoisting the Lombardi Trophy again this next February, though ask any of their fans (and every man in that locker room) and they will certainly tell you different.

How to Watch Super Bowl LVII in 2023

Super Bowl 2023 FAQ

That makes 11 total Super Bowl games for the Patriots (2018, 2017, 2016, 2014, 2011, 2007, 2004, 2003, 2001, 1996, 1985) and it could be a long time before any one QB does that again, though Brady already has yet another Super Bowl win with his new team, the Tampa Bay Bucs.