What Are the Betting Odds for the Super Bowl?

Every year, the Super Bowl attracts large audiences and sets the sports betting world on its ear. The world’s biggest game pits NFL (National Football League) champions against each other in a battle for supremacy. It’s one of the most important sporting events of the year and the fans eagerly await the outcome to see who will be crowned NFL champion.

The NFL Draft helps determine the lineup for the upcoming Super Bowl with the winner of the championship game being determined by the combined results of the draft. The order of selection in the draft is significant, with the New York Giants sitting at the top. They will host the Super Bowl against the champion of the AFC (American Football Conference) on February 5 in their own backyard.

The Odds For The Giants To Win The Super Bowl

The overall feeling among sports bettors is that the New York Giants have the best chance of winning Super Bowl XLVII. Here’s a look at the betting odds as they currently stand.

The defending Super Bowl champion New York Giants are 15.8-pts (1.58) favourites to retain the trophy this year, according to sportsbooks that track NFL odds. The line for the New England Patriots, the other team that won last year’s Super Bowl, has tightened a bit to 16.0-pts (1.61) which still makes them slight favourites. Odds Shark’s algorithm favors the defending World Champion New York Giants over the regular season champion Patriots by 1.8 points. Both teams have a 50% chance of winning the big game.

The Underdogs To Beat The Favorites

Underdogs are popular in sports betting and everyone loves an upset. It’s pretty much commonplace for the underdogs to cover the spread as they aim to bring down the house for one lucky gambler. Teams that are heavily favoured normally suffer from a letdown in the latter stages of the season as they struggle to find their groove. They are often the ones who end up losing the big games. As a result, the odds for the underdogs to win the Super Bowl normally sit at absurdly high levels. Here’s a look at the top five underdogs to beat the favorites in the 2017 NFL playoffs.

  • Seattle Seahawks (+360) over New England Patriots
  • Los Angeles Rams (+500) over New England Patriots
  • Baltimore Ravens (+425) over New England Patriots
  • Pittsburgh Steelers (+450) over New England Patriots
  • Green Bay Packers (+470) over New England Patriots

Best Bet To Win The Super Bowl

Odds Shark algorithmically generates the best bet to win the Super Bowl based on current odds, as well as the team’s history and the level of competition. The algorithm takes all of this information into account and uses it to spit out the best betting option at the current time. For the 2017 NFL playoffs, the algorithm picked the New York Giants +215 over the Pittsburgh Steelers.

The best odds to win the Super Bowl from Odds Shark are currently placed on the New York Giants (+215) with the Pittsburgh Steelers (+450) as the top choice of underdog. The Giants have covered the spread five times in the last six years and have won four of those games. They also have a chance of causing an upset as they aim to upset the odds this time around. This game pits the defending champions against each other and has all the makings of a great matchup. Plus, the temperature is definitely going to be in the 40s (-1000 C) so the game should be fairly comfortable for the fans.

Over, Under Or Both?

Depending on your betting stake, you have a choice of betting on just the game or on the team that you think will win the game. If you’re wagering on the Super Bowl, you are typically offered bets that range from simply winning the game to simply avoiding a loss. If you want to get really technical, you can also wager on the total number of points scored in the game. The reason why this last option is popular is because it is quite difficult to accurately predict the outcome of a game that is going to be decided by multiple factors (e.g. scoring, turnovers, etc.).