Below, bettors can find Super Bowl Odds from the BetMGM online sportsbook for teams to win Super Bowl 61.
Who is Favored to Win the Super Bowl?
The Los Angeles Rams (+700) are currently co-favorites to win Super Bowl 61. At that price, the Rams own a 12.5% implied probability to win this year’s championship.
Super Bowl Odds
Super Bowl Odds 2026: Breakdown & Analysis
Following Week 5, the Rams stayed atop the odds board at +700, despite a loss to the Buffalo Bills (+750) on MNF.
The Rams offense scored 34 points on a weak Buffalo defense, but special teams errors resigned Los Angeles to a 37-34 loss.
The main effect of LA’s loss? A narrowing between the Rams and San Francisco 49ers (+750). San Francisco (5-0) beat Seattle 32-29 in Week 5 and owns a three-game lead over Los Angeles in the NFC West.
Since the start of the NFL season, San Francisco’s odds to win the Super Bowl moved from +1700 to +750. As it stands, the Niners are +100 (50% implied probability) to earn the NFC top seed.
The AFC remains a tighter race with three teams — Buffalo, Baltimore and Kansas City — priced between +750 and +900. A fourth team (Jacksonville) remains within striking distance at +1200.
Amongst the AFC contenders, Jacksonville saw the biggest move from the start of the season. Liam Coen’s team began the season at +3000 to win the Super Bowl and, after a 4-1 start, sits at +1200.
Buffalo possesses the inside track to the #1 seed thanks to a 4-1 start. Joe Brady’s team faces both Baltimore and Kansas City later this season at home, with those matchups likely deciding home-field advantage.
In terms of evaluating the odds board, a clear picture is emerging of the realistic Super Bowl threats. Much can change in the next 12 games, but I don’t think anyone after the Seahawks (+1100) is worth considering from a betting perspective.
Much as the market views the Jaguars as a contender, I view the defense as fraudulent. Timely turnovers helped the unit mitigate points, despite a league-average red zone chances allowed benchmark.
Additionally, interest in the Chiefs is waning due to a problematic pass defense. Entering Week 6, Kansas City ranks 20th in pass defense DVOA and has relied on offensive explosives to score points.
To me, if you’re wanting to bet into the market this week, the choice is San Francisco (+750).
The 49ers defense left me impressed against Seattle. Raheem Morris currently coordinates a defense that ranks fourth in defensive DVOA, albeit against some easy/advantageous matchups.
Injuries on offense remain a concern, but the team still possesses a high ceiling. Plus, the rushing attack has shown increased potential.
In three games this year, San Francisco cleared a +11% rush offense DVOA rating. Across the entire season, the unit ranks eighth in rush offense DVOA.
Pair a balanced offense with a better-than-expected defense, and I like the Niners as a Super Bowl threat.
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