In the 2019-20 NFL season, the Kansas City Chiefs defeated the San Francisco 49ers in Super Bowl 54 to cash in at +700. Kansas City captured their second Lombardi Trophy, and behind Patrick Mahomes, they looked very capable of racking up a few more soon, which is why they topped the early Super Bowl 55 odds.
Only eight teams remain in the race for Super Bowl LV. The Chiefs still remain favorites to go back-to-back. Mahomes and company are 2o0 points above their closest competition, the Green Bay Packers.
The Packers are the Chiefs closest competition so far, but several teams are right on their tails. The Buffalo Bills, New Orleans Saints, and Tampa Bay Buccaneers are all within 250 points of the Pack.
For now, sportsbooks and bettors world wide have designated the Chiefs as the most likely champion of Super Bowl 55.
Below are the current 2021 Super Bowl odds for every team, updated weekly.
Super Bowl 55 Odds
|Kansas City Chiefs||+200|
|Green Bay Packers||+400|
|New Orleans Saints||+550|
|Tampa Bay Buccaneers||+650|
|Los Angeles Rams||+2,000|
|Washington Football Team||OUT|
|New York Giants||OUT|
|San Francisco 49ers||OUT|
|Las Vegas Raiders||OUT|
|New England Patriots||OUT|
Additional Eliminated Teams: Atlanta Falcons, Houston Texans, Los Angeles Chargers, Cincinnati Bengals, Jacksonville Jaguars, New York Jets, Carolina Panthers.
Analyzing SB 55 Odds
The first step in selecting which team to bet on is to analyze if the payoff is worth the risk.
If you decide that the Chiefs (+175) have the best chance to win the championship, then you can bet $100 on them to win $175.
Even if you think the Chiefs have a better chance to win the championship than any other team, it could still be worth it to bet on a different team for the chance of a much higher payout.
It is more likely that the Chiefs win Super Bowl 55 than the Rams, but the Rams’ payout is significantly higher than Kansas City.
While $100 pays off $180 for a Chiefs victory, $100 would pay off $1,400 if the Rams (+1,400) triumph.
Weigh your odds, and select which team gives you the most bang for your buck.