Way-Too-Early Odds for Super Bowl LIX

Article ByKyle Garlett

February 2, 2024

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Posted in: US Sports Betting News, US Gambling News

Super Bowl LVIII doesn’t kick-off in Las Vegas until February 11. But you can already place bets on the winner of Super LIX, kicking off on February 9, 2025 in New Orleans.

Legal sports betting on next week’s Super Bowl is poised to break the record for most money wagered at an estimated $1.3 billion. The biggest share of that money will be placed at Nevada retail sportsbooks. Even with sports betting spreading across the country, Nevada is still the king of the U.S. market, and as the host of this year’s game, it will remain so for at least another year.

But Louisiana and Super Bowl LIX are already getting a jump on the competition more than a year out.

San Francisco 49ers are the Favorites

NFL online sportsbooks have made the San Francisco 49ers the favorites for Super Bowl LVIII against the Kansas City Chiefs, and they are the favorites to win the game next year, too.

Odds for the 49ers are +450, which are shorter odds than what they began this season with. At this time last year, when looking ahead to Super Bowl LVIII, the 49ers were at +850. When the 2023 season kicked off, those odds were at +675.

Kansas City Chiefs are Next

The Chiefs are in their fourth Super Bowl in five years, and they are looking for their third win. According to Bovada.lv, the Chiefs are the second betting favorite to also win next year’s Super Bowl. They are paying +800 on a win next year, more than 12 months before it might happen.

As for next week’s game, the Chiefs moneyline is +110, as they look to become the first back-to-back Super Bowl winner since the New England Patriots did it in 2003/2004.

Baltimore Ravens

It was a disappointing end to the season for the Baltimore Ravens, losing in the AFC Championship at home. But next week, some of those sores will be soothed when they get to celebrate the second MVP win for quarterback Lamar Jackson. He’s such a heavy favorite to win that most retail sportsbooks have taken the bet off the board.

After that, the Ravens can get about the business of the 2024 regular season, which is expected to be another good one. Maryland online sportsbooks are paying +900 on a Ravens win in Super Bowl LIX, which makes them the third betting favorite in the NFL.

Detroit Lions

There are 15 online sportsbooks operating in Michigan, and all of them are ready to turn the page on the Detroit Lions loss in the NFC Championship Game and look ahead to next season.

The Lions were in the NFC Championship for the first time in 32 years, and for the first time in the history of the franchise, they won multiple games in the same playoffs. The Lions have an estimated $61 million in cap space next year, which is the seventh-most in the NFL.

Detroit is +1200 to win Super Bowl LIX. Last year at this time, they were +2750 to win Super Bowl LVIII.

Buffalo Bills

The Buffalo Bills are in a much more tenuous position than the Lions. They are currently over next year’s salary cap, and will likely have to move on from some of their more expensive veterans, like Von MIller.

But as long as this team has quarterback Josh Allen – one of the MVP finalists this year – the Bills will be in the mix at the end of the year. LIke the Lions, they are paying +1200 to win Super Bowl LIX. 

New York online sportsbooks are expected to handle $140 million in wagers for this year’s Super Bowl, and that would go up exponentially if the Bills were to play in the game a year from now.

Cincinnati Bengals

The Cincinnati Bengals were a last-place team in 2023. But they were the best last-place team in the league, finishing the season 9-8, and they were without Joe Burrow for seven games.

Burrow will be back when the season kicks off in September, and Ohio online sportsbooks are already looking ahead to a much better season in the Queen City. The Bengals are paying +1500 to win Super Bowl LIX, which ranks them fourth in the AFC.

Dallas Cowboys 

Jerry Jones says the Dallas Cowboys are “all-in” on the 2024 season. We don’t exactly know what that means, but we do know that the Cowboys will be without defensive coordinator Dan Quinn, who is now the head coach in Washington.

Jones also is not committing to an extension for quarterback Dak Prescott, who only has one more year on his contract.

So the Cowboys will begin the new league year with a little bit of uncertainty, but still with loads of talent. That has them at +1500 to win Super Bowl LIX in 53 weeks.