Super Bowl LVIII Odds Label Bears Long Shots to Win

Oddsmakers say Bears are long shots to win Super Bowl LVIII originally appeared on NBC Sports Chicago

The Super Bowl is in the books and all attention for every NFL team but the Kansas City Chiefs turns towards next season.

The Chicago Bears have a ton of cap space and the No. 1 overall pick in the 2024 NFL Draft and as a result, Bears fans are optimistic the team can re-build on the fly to make a quick return to contention.

But the oddsmakers aren't as optimistic.

PointsBet's early odds for Super Bowl LVIII have the Bears' tied for the second-worst odds at winning, at +8,000. (Bet $10 to win $800).

The Arizona Cardinals and Indianapolis Colts have the same odds as the Bears and the Houston Texans have the worst odds at +10,000.

It's understandable, the Bears had the worst record in 2022. It's how they landed the No. 1 overall pick. And odds move and adjust over the course of the offseason and a lot of those opportunities for the Bears to improve the roster haven't come and gone yet.

And odds are also made partly based on expected bettor behavior, not entirely on analysis projecting the outcomes of the season.

What the Bears do with that cap space and in free agency will cause the odds to move one way or another. If the Bears make some big signings in free agency and land some plug-and-play prospects in the NFL Draft, they could shoot up in the odds.

And better odds of the Bears winning the Super Bowl means less winnings for the bettor.

But here is a fuller way-too–early look at Super Bowl LVIII odds.

Who is the favorite to win Super Bowl LVIII?

The Chiefs were listed as slight underdogs against the Eagles, but they are now the favorites to lift the Lombardi Trophy at Allegiant Stadium in 2024. Patrick Mahomes and Co. lead the pack with +550 odds to win Super Bowl LVIII, according to our partner, PointsBet.

The rest of the top six includes teams that made it to the divisional round this postseason. The Buffalo Bills are next on the list at +600, while the San Francisco 49ers have the best number of any NFC team at +750. Those teams are followed by the Eagles (+800), Cincinnati Bengals (+900) and Dallas Cowboys (+1500).

Two other teams that reached this year’s divisional round missed out on the top 10 for Super Bowl LVIII odds. The Jacksonville Jaguars are 12th at +3300. The New York Giants, meanwhile, are tied for 16th with the Minnesota Vikings, who lost to the Giants in the wild card round, Pittsburgh Steelers and Cleveland Browns with +4500 odds.

The highest odds among teams that didn’t make it past the first weekend of the postseason belong to the Los Angeles Chargers. Justin Herbert and Co. have +2200 odds to win it all next February after collapsing against the Jaguars in the wild card round. 

As for teams that didn’t reach the playoffs at all in 2022, the Detroit Lions lead with a +2800 figure, followed by the Green Bay Packers and New York Jets at +3000. Those odds could swing dramatically if Green Bay and New York make a trade involving the Packers’ four-time MVP quarterback.

Full Super Bowl LVIII odds

Here is where every team stands in Super Bowl LVIII odds:

  • Kansas City Chiefs: +550
  • Buffalo Bills: +600
  • San Francisco 49ers: +750
  • Philadelphia Eagles: +800
  • Cincinnati Bengals: +900
  • Dallas Cowboys: +1500
  • Los Angeles Chargers: +2200
  • Baltimore Ravens: +2500
  • Detroit Lions: +2800
  • Green Bay Packers: +3000
  • New York Jets: +3000
  • Jacksonville Jaguars: +3300
  • Miami Dolphins: +3500
  • Las Vegas Raiders: +4000
  • Los Angeles Rams: +4000
  • Cleveland Browns: +4500
  • Minnesota Vikings: +4500
  • New York Giants: +4500
  • Pittsburgh Steelers: +4500
  • Denver Broncos: +5000
  • New England Patriots: +5500
  • Carolina Panthers: +6000
  • New Orleans Saints: +6000
  • Tampa Bay Buccaneers: +6600
  • Seattle Seahawks: +7000
  • Tennessee Titans: +7000
  • Washington Commanders: +7500
  • Atlanta Falcons: +7500
  • Arizona Cardinals: +8000
  • Chicago Bears: +8000
  • Indianapolis Colts: +8000
  • Houston Texans: +10000

Editor's note: All odds are provided by our partner, PointsBet. PointsBet is our Official Sports Betting Partner and we may receive compensation if you place a bet on PointsBet for the first time after clicking our links.

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