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 two teams now remain in the race for Super Bowl LV. The Chiefs are the favorite to triumph over the Buccaneers in the final matchup of the season.

After starting the season with five digit odds, Tampa Bay is currently +190 to win it all.

Below are the current 2021 Super Bowl odds for every team, updated weekly.

Super Bowl 55 Odds

Packers, Chiefs
CP
TeamOdds
Kansas City Chiefs-165
Tampa Bay Buccaneers+190
Buffalo BillsOUT
Green Bay PackersOUT
New Orleans SaintsOUT
Baltimore RavensOUT
Los Angeles RamsOUT
Cleveland BrownsOUT
Pittsburgh SteelersOUT
Seattle SeahawksOUT
Tennessee TitansOUT
Indianapolis ColtsOUT
Chicago BearsOUT
Washington Football TeamOUT
Miami DolphinsOUT
Minnesota VikingsOUT
Arizona CardinalsOUT
New York GiantsOUT
Dallas CowboysOUT
Philadelphia EaglesOUT
San Francisco 49ersOUT
Las Vegas RaidersOUT
New England PatriotsOUT
Detroit LionsOUT
Denver BroncosOUT

Additional Eliminated Teams: Atlanta Falcons, Houston Texans, Los Angeles Chargers, Cincinnati Bengals, Jacksonville Jaguars, New York Jets, Carolina Panthers.

Analyzing SB 55 Odds 

Andy Reid, Chiefs, Super Bowl championship ring

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.

RECOMMENDED (Article Continues Below)
In an appearance on the "Up & Adams" show, 49ers star Deebo Samuel kept it real on the team's Super Bowl 58 loss to the Chiefs

Randall Barnes ·

Mecole Hardman (Chiefs) as the guy with Taylor Swift

Rexwell Villas ·

Bills coach Sean McDermott with the Super Bowl trophy

Tim Crean ·

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 Buccaneers, but the Bucs' payout is significantly higher than Kansas City.

While $100 pays off $200 for a Chiefs victory, $100 would pay off $375 if the Rams (+375) triumph.

Weigh your odds, and select which team gives you the most bang for your buck.