Super Bowl Odds: Eagles (+650) Favorites to Repeat

Below, bettors can find opening and current Super Bowl Odds from the BetMGM online sportsbook for all teams to win Super Bowl 60. 

Who is Favored to Win the Super Bowl? 

After a blowout win in Super Bowl 59, the Eagles (+650) opened as the market favorites to repeat as Super Bowl champions. 

Oddsmakers price five teams at +1000 or shorter, including the Ravens (+700) and Bills (+750). The Chiefs opened at +750 to win Super Bowl 60 with the Lions priced at +1000. 

Since 2013, all but one Super Bowl winner started the season at +1200 or shorter. The 2017 Eagles (+4000) proved an exemption to the rule.

Notables just outside that number include the Commanders, Bengals, Rams and 49ers.

The Commanders sit at +1800 to win the Super Bowl while the Bengals, Rams and 49ers sit at +2000.

Super Bowl Odds

Super Bowl 2026 Date

Super Bowl 60 will be played on Sunday, Feb. 8 at Levi’s Stadium in San Francisco, California.

It marks the first time since the 2016 Super Bowl that the 49ers’ home stadium hosts the Super Bowl. In Super Bowl 50, the Denver Broncos defeated the Carolina Panthers.

NFL Super Bowl Odds: Favorites Analysis

Standing out amongst the group of contenders – in this instance, teams listed at +800 or shorter – are the Bills and Ravens. 

If forced to pick amongst the group, I’d elect for the Buffalo Bills (+700)

Buffalo faces a very easy schedule in 2025. Based on preseason NFL win totals, the Bills face the sixth-easiest schedule in 2025.

Plus, all their difficult games come at home. Next season, the Bills face only five games against teams with win totals set at 9.5 or higher, all of which will be played in Buffalo.

Compared to the Ravens and Chiefs, Buffalo simultaneously faces an easier division with home games against those two teams.

Buffalo finished second in offensive DVOA last season to the Ravens and should see an increase in defensive production. Based on 2024 offensive DVOA ratings, the Bills face the league’s seventh-easiest set of opposing offenses.

As a result, I like backing the Bills at a short price to win Super Bowl 60.

NFL Super Bowl Odds: Mid-Tier Analysis

Two teams jump out from the group priced between +1600 and +3500: the 49ers (+1600) and Packers (+2500). 

While my love for San Francisco has softened as free agency has begun, I remain bullish on a Packers team primed for some positive regression. 

Green Bay finished third in total DVOA last year against the seventh-hardest schedule in the league, per ftnfantasy.com. 

At 12.7 expected wins, Green Bay finished 1.7 wins under expected. 

That’s a result of bad luck within the division: Green Bay finished 1-5 in divisional games with four losses coming by three or fewer points. 

In the offseason, Green Bay bolstered both sides of the ball via signing guard Aaron Banks and corner Nate Hobbs. 

In a division where  Detroit and Minnesota could expect negative regression, Green Bay should experience a strong campaign in 2025-26. 

NFL Super Bowl Odds: Potential Sleepers

I’m considering teams in the +4000 to +6600 range for this group, and the Broncos (+4000) are the only team worth consideration

Denver’s true profile is difficult to evaluate given the strength of opponents last year. They finished 16th in offensive DVOA against the 25th-hardest set of opposing defenses. 

Defensively, the Broncos ranked fourth in DVOA against the 20th-hardest set of offenses. 

Quality free agent additions on defense – Dre Greenlaw and Talanoa Hufanga – gives the Broncos a chance to retain that record. 

If Bo Nix improves on his rookie season – he plays behind a line that led the league in pass blocking – this team could outperform their win equity at +4000.