Super Bowl Odds 2026: Bills, 49ers Co-Favorites After Week 9

Buffalo Bills quarterback Josh Allen (17) celebrates his touchdown pass during an NFL football game against the Baltimore Ravens in Orchard Park, N.Y., Sunday, Nov. 1, 2026.
(AP Photo/Jeffrey T. Barnes)

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 Buffalo Bills and San Francisco 49ers (+550) are co-favorites to win Super Bowl 61. At that price, both teams own a 15.4% implied probability to win this year’s championship.

Super Bowl Odds

 

Super Bowl Odds 2026: Breakdown & Analysis

Buffalo won and covered in Minnesota on MNF to maintain their status atop the Super Bowl odds board. The 49ers dipped slightly from +600 to +550 after throttling the Raiders out of their Week 9 bye.

Freshly rising up the odds board are the Jacksonville Jaguars (+750) and Chicago Bears (+800). Before each team’s win last week, oddsmakers priced the two up-and-coming franchises at +1000 and +900.

Jacksonville easily took care of their Week 9 trip to Baltimore, beating the Joe Fagnano-led Ravens as a 9.5-point road favorite. The team then executed three defensive trades, acquiring Jordan Davis, Davon Godchaux, and Jessie Bates III.

No team has seen as big a price jump compared to Week 1 as Jacksonville. Before the season started, oddsmakers priced Liam Coen’s team at +3000 to win Super Bowl 61.

Chicago overcame five turnovers to beat the Buccaneers 27-24 on Sunday Night Football. The win moved Chicago to 7-2 in a loaded NFC North. Entering Week 10, all four NFC North teams have at least six wins.

Teams seeing their Super Bowl price decline include the Rams (+1100 to +1300) and Chiefs (+1000 to +1100). Denver, despite a win over the Panthers, stayed at +1600 to win the Super Bowl.

Finally, the Bengals (+1200) and Lions (+1700) saw price increases after beating the Falcons and Dolphins, respectively. Compared to Week 1, oddsmakers have shifted the Bengals’ price down from +2000.

In terms of evaluating the odds board this week, I’m intrigued by the price on the Kansas City Chiefs (+1100). Patrick Mahomes is currently questionable for a trip to Atlanta, but I like how the team profiles, save for a lack of a pass rush.

Kenneth Walker III is currently the second choice to win NFL Offensive Player of the Year. Steve Spagnuolo’s defense features a shutdown corner in Mansoor Delane and a volatile Chris Jones. However, Jones looked like his usual self against the Jets in Week 9.

Kansas City finished as the better team in both games against Denver, even if they lost one due to Denver’s sustained luck. We’ll also learn more about this team when they travel to face the Bills and Bengals in upcoming games.

The defense ranks 11th in DVOA, but it has shown a strong ability to stop the run. Currently, only the Jaguars and Chiefs find themselves ranked eighth or better in rush defense DVOA amongst the current AFC playoff teams.

If you assume the Chiefs’ path to another Super Bowl runs through teams like Buffalo, Cincinnati and Jacksonville, I like their profile. Kansas City should run the ball effectively against those defenses and keep their defense off the field for lengthy periods.

Plus, Kansas City offers the most statistically relevant profile of a potential Super Bowl winner. Entering Week 10, Kansas City sits second to the Bears in red zone delta at +11.

It places them miles ahead of the Bengals (+4), Bills (+3) and Jaguars (+1). If the defense continues to improve, I predict the Chiefs offer bettors a viable Super Bowl option.

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About the Author Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.