Super Bowl Odds 2024 – 49ers and Ravens Advance to Conference Championship


The NFL playoffs enter Sunday with six teams remaining in the playoff race. Following both the 49ers and Ravens taking care of business at home in Saturday’s action, each contender saw their odds shorten in the latest betting markets.

In the famous words of Bill Belichick, “We’re on to… [the Divisional Round].”

We’ve already seen the San Francisco 49ers and Baltimore Ravens take care of business at home, and bettors are now getting ready for the Kansas City Chiefs visiting the Buffalo Bills on Sunday for another installment of Patrick Mahomes vs. Josh Allen. 

Join me as I run down the latest NFL odds to win the Super Bowl below — plus check out our early Super Bowl predictions and picks as well.

2024 Super Bowl odds

The San Francisco 49ers (+175) are the Super Bowl 58 betting favorites. The Baltimore Ravens (+190), and Buffalo Bills (+550) are also fighting for the top spot.

Super Bowl odds over time

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2024 Super Bowl favorites

San Francisco 49ers (+165 to +210)

Other than a few blips along the way, the San Francisco 49ers were the class of the NFC and marched into the postseason with a 12-5 record, clinching a bye before Week 18 even got underway.

After licking their wounds and getting healthy, the 49ers survived a scare against the Green Bay Packers on Saturday night, hanging on for a 24-21 win following a go-ahead Christian McCaffrey touchdown in the final stages of the 4th quarter.

Baltimore Ravens (+190 to +290)

The Baltimore Ravens, meanwhile, finished with the best record in the NFL at 13-4 and were the only team with a scoring differential above 200. 

Lamar Jackson cemented himself as the NFL MVP odds favorite as he and the rest of the team looked no worse for wear coming off the bye week, dismantling the Houston Texans 30-14 in the Divisional Round. 

Buffalo Bills (+450 to +600)

The Buffalo Bills pulled off the, if not impossible, the very unlikely task of winning the AFC East after winning five straight games to finish the season, ending with a 21-14 win over the Miami Dolphins in Week 18. Sure, they left some points on the field and Josh Allen threw a pair of interceptions and lost a fumble, but the Bills still managed to win.

In the Wild Card game, Allen redeemed himself, throwing three touchdown passes and running it in for a 52-yard rushing touchdown. The outcome was never in doubt, and now the Bills welcome Patrick Mahomes and the Kansas City Chiefs to town on Sunday night.

Vegas odds to win Super Bowl 58

Odds as of January 17, 2024

Teams with the best Super Bowl odds

Odds courtesy of DraftKings — January 20, 2024.

Who is going to the Super Bowl?

Odds as of January 17, 2024.

Unsurprisingly, the 49ers are expected to secure a spot in the top three potential Super Bowl matchups.

Entering the playoffs as favorites at +175 to hoist the Lombardi Trophy, San Francisco has notched 11 victories this season by a winning margin of double-digits.

A Baltimore vs. San Francisco Super Bowl matchup currently tops the list at DraftKings, which would bring us a rematch from Super Bowl XLII in 2013 when John Harbaugh’s Ravens prevailed over Colin Kaepernick and the 49ers in New Orleans.

(If that’s the case, let’s just hope Usher doesn’t cause a power outage following halftime.)

Super Bowl Contenders

49ers San Francisco 49ers (+150)

Pros: 
Elite offense. Plethora of options including Christian McCaffrey. Innovative head coach. Great schemes. Top 10 defense. Home field until SB58. 

Cons: 
Stumbled into the postseason. Uncertainty surrounding Brock Purdy. 

Ravens Baltimore Ravens (+195)

Pros: Dynamic offense. Lamar Jackson NFL MVP. Emergence of Zay Flowers. Defensively sound. Home field until SB 58. 

Cons: Lamar Jackson’s history of falling short. 

49ers Buffalo Bills (+550)

Pros: Josh Allen. Emergence of Dalton Kincaid. Top 10 units on both sides of the football. 

Cons: Josh Allen’s decision-making. Path to SB 58 (vs. Chiefs then vs. Ravens [likely]). Decimated by injuries on defense. 

Chiefs Kanas City Chiefs (+800)

Pros: Patrick Mahomes. Travis Kelce. Andy Reid. Top 5 defense. 

Cons: Underwhelming recievers. First road playoff game in the Mahomes era. 

Chiefs Detroit Lions (+950)

Pros: Playmakers on offense. QB with Super Bowl experience. Dan Campbell’s tenacity. 

Cons: Total defense (23rd). Pass defense (25th). 

Chiefs Tampa Bay Buccaneers (+3,500)

Pros: Playing with house money. Rejuvenated Baker Mayfield. Stout against the run — good matchup vs. Lions. 

Cons: Poor pass defense. One dimensional offense. 

Super Bowl line movement (Wild Card to Divisional Round)

Odds courtesy of BetMGM as of January 20

Super Bowl History

Early line movement

Those looking for an inside edge when betting the Super Bowl might want to follow the early line moves. Sharp professional players are most often the first ones to bet the Big Game odds the second they hit the board, and they’ve been right more often than they’ve been wrong in recent years.

Over the last 14 Super Bowls, the early money has been on the right side on 11 occasions (with one game resulting in a push).

Super Bowl Teams Opening Spread Early Move Closing Spread Early Money ATS
57

Chiefs vs. Eagles

Eagles -1.5 Eagles -2 Eagles -1

Eagles (Loss)

56

Bengals vs. Rams

Rams -3.5 Rams -4.5 Rams -4.5

(Rams) Loss

55

Chiefs vs. Buccaneers

Chiefs -3.5 Chiefs  -3 Chiefs -3

(Bucs) Win

54 Chiefs vs. 49ers Pick’em Chiefs -1 Chiefs -1.5  (Chiefs) Win
53 Patriots vs. Rams Patriots -1.5 Patriots -2 Patriots -2.5 (Patriots) Win
52 Patriots vs. Eagles Patriots -5.5 Patriots -3.5 Patriots -4.5 (Eagles) Win
51 Patriots vs. Falcons Patriots -3 Patriots -3 (-120) Patriots -3 (Patriots) Win
50 Broncos vs. Panthers Panthers -3.5 Panthers -4.5 Panthers -4.5 (Panthers) Loss
49 Patriots vs. Seahawks Patriots -1 No move Patriots -1 Draw
48 Broncos vs. Seahawks Pick’em Seahawks -1 Seahawks -1.5 (Seahawks) Win
47 49ers vs. Ravens 49ers -4 49ers -3.5 49ers -4.5 (Ravens) Win
46 Patriots vs. Giants Patriots -3.5 Patriots -3 Patriots -3 (Giants) Win
45 Packers vs. Steelers Packers -2 Packers -3 Packers -3 (Packers) Win
44 Colts vs. Saints Colts -3.5 Colts -6 Colts -4.5 (Colts) Loss
43 Steelers vs. Cardinals Steelers -6.5 Steelers -5.5 Steelers -6.5 (Cardinals) Win
42 Patriots vs. Giants Patriots -13 Patriots -11.5 Patriots -11.5 (Giants) Win

Previous Super Bowl Winners

Below we’ve listed all the Super Bowl winners since 2000 and their preseason odds.

Year Winner Preseason Odds
2022 Kansas City Chiefs +1,020
2021 Los Angeles Rams +1,200
2020 Tampa Bay Buccaneers +1,000
2019 Kansas City Chiefs +600
2018 New England Patriots +600
2017 Philadelphia Eagles +4,000
2016 New England Patriots +600
2015 Denver Broncos +900
2014 New England Patriots +650
2013 Seattle Seahawks +800
2012 Baltimore Ravens +1,800
2011 New York Giants +2,200
2010 Green Bay Packers +1,100
2009 New Orleans Saints +2,200
2008 Pittsburgh Steelers +1,800
2007 New York Giants +3,000
2006 Indianapolis Colts +600
2005 Pittsburgh Steelers +1,200
2004 New England Patriots +600
2003 New England Patriots +1,500
2002 Tampa Bay Buccaneers +1,200
2001 New England Patriots +6,000
2000 Baltimore Ravens +2,200

Super Bowl wins and appearances by team

The New England Patriots have the most Super Bowl appearances at 11 and are tied with the Pittsburgh Steelers for most wins with six.

Team Appearances Wins
New England Patriots 11 6
Pittsburgh Steelers 8 6
Dallas Cowboys 8 5
Denver Broncos 8 3
San Francisco 49ers 7 5
Washington Commanders 5 3
Green Bay Packers 5 4
Miami Dolphins 5 2
New York Giants 5 4
Las Vegas Raiders 5 3
Los Angeles Rams 5 2
Buffalo Bills 4 0
Minnesota Vikings 4 0
Indianapolis Colts 4 2
Kansas City Chiefs 5 3
Philadelphia Eagles 4 1
Seattle Seahawks 3 1
Cincinnati Bengals 3 0
Carolina Panthers 2 0
Atlanta Falcons 2 0
Baltimore Ravens 2 2
Chicago Bears 2 1
Tampa Bay Buccaneers 2 2
New Orleans Saints 1 1
Arizona Cardinals 1 0
Tennessee Titans 1 0
Los Angeles Chargers 1 0
New York Jets 1 1
Jacksonville Jaguars 0 0
Cleveland Browns 0 0
Detroit Lions 0 0
Houston Texans 0 0

Popular NFL futures markets

• An NFC East team has won the Super Bowl 13 times, the most of any division.

• Ten wild-card teams have gone on to win the Super Bowl.

• The New England Patriots are the only franchise to win back-to-back Super Bowl titles since 2000.

Where to bet on the Super Bowl

If you’re in a state that allows mobile, or online betting, make sure you know which ones are the best Super Bowl betting sites. Great betting sites offer sharp odds, quick payouts and are safe and secure when it comes to depositing and withdrawing your money.

Super Bowl betting bonuses and promo codes

Taking advantage of bonus bets and promotions is a great way to maximize your potential winnings when wagering on the Super Bowl. Check back closer to the big game for our comprehensive list of the best Super Bowl 58 betting bonuses and promos available at legal online betting sites in the U.S. and Canada.

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