The Kansas City Chiefs are the betting favorites to win the Super Bowl for the second year in a row, the defending champions currently at just 4/1.
The Super Bowl LIV champs are the odds-on favorites at William Hill, the sportsbook reporting that eight percent of all tickets are on the Chiefs. Kansas City is, by far, leading in terms of total money wagered, the team accounting for 23 percent of the handle to date.
Tom Brady’s new home Tampa Bay (14/1) is second in money at a distant seven percent. The Buccaneers are also second in the number of tickets at seven percent.
With no sports happening in the US, last week’s NFL Draft saw a surge in viewership and betting, as Americans partially quenched their thirst for sports. Las Vegas oddsmakers reported a surge in betting activity, and TV viewership soared 37 percent, nearly 16 million viewers watching the ESPN coverage.
Nevada’s handle for this draft is around five times bigger versus other years,” said William Hill Sportsbook Director Nick Bogdanovich. “It’s the equivalent of a ‘Thursday Night Football’ game.”
Three teams have the longest Super Bowl odds at 200/1: the Jacksonville Jaguars, Washington Redskins, and Cincinnati Bengals.
Odds Adjust Following Draft
The consensus opinion among NFL analysts was that teams that emerged as “winners” from the NFL Draft included the Bengals, New York Giants, Dallas Cowboys, and Cleveland Browns.
Losers included the New England Patriots and Green Bay Packers – two teams that always receive considerable futures activity prior to the regular season. The Patriots didn’t impress analysts, nor bettors, in the Draft. As a result of losing Brady, the team’s Super Bowl odds have lengthened from 12/1 in January to 20/1.
The Packers made a head-scratcher of a pick in the first round when it traded up to land quarterback Jordan Love out of Utah State. Green Bay’s title odds have gone from 15/1 to 18/1.
Following the Chiefs at 4/1, the Baltimore Ravens have the second-shortest odds of winning the Vince Lombardi Trophy at 13/2 (+650). Rounding out the top five are the San Francisco 49ers (7/1), New Orleans Saints (11/1), and Dallas Cowboys (12/1).
LSU superstar Joe Burrow went No. 1 in the Draft to the Bengals, a pick that netted just 10 cents for every $100 wagered. The quarterback is now the strong favorite to be named NFL Offensive Rookie of the Year.
Burrow is at +220 to win the offensive rookie award. His former teammate, running back Clyde Edwards-Helaire, is next at +550.
While Burrow is the betting frontrunner for the best rookie on the offensive side of the ball, he’s a longshot at winning the NFL Most Valuable Player Award. The 23-year-old is at +20000. On that line, a $100 bet would win $20,000.
Mahomes, the 2019 NFL MVP, is the favorite at +380. Baltimore’s Lamar Jackson, the current MVP, is next at +600.