2023’s super Bowl LVII saw an estimated 50 million adults placing sports bets.
32 teams fight it out each year in the NFL regular season (September-December), with the best twelve teams making it to the playoffs in January – where the top two teams are selected to meet at the Super Bowl.

Super Bowl lines will continue to move in response to betting action, team performance and injuries and trades in the second half of the regular season.

This page covers the latest Vegas Odds for each team to win the 2025 Super Bowl and everything you need to know about different bet types for the “Big Game”.

Super Bowl 59 Winner

Super Bowl 59 (2025): Super Bowl 59 Winner
Team Odds
Kansas City Chiefs +425
San Francisco 49ers +700
Houston Texans +1000
Baltimore Ravens +1100
Cincinnati Bengals +1500
Philadelphia Eagles +1300
Buffalo Bills +1600
Detroit Lions +1200
Dallas Cowboys +2000
Green Bay Packers +1500
Atlanta Falcons +2800
New York Jets +2200
Los Angeles Rams +3500
Los Angeles Chargers +4000
Miami Dolphins +2500
Pittsburgh Steelers +3000
Cleveland Browns +4500
Chicago Bears +4500
Jacksonville Jaguars +5000
Minnesota Vikings +8000
Indianapolis Colts +7000
Tampa Bay Buccaneers +7500
Seattle Seahawks +7500
Las Vegas Raiders +9000
Arizona Cardinals +10000
New Orleans Saints +10000
Denver Broncos +20000
New York Giants +13500
Washington Commanders +15000
New England Patriots +18000
Tennessee Titans +20000
Carolina Panthers +30000

Understanding Super Bowl Odds

In the lead-up to the 2023 Super Bowl, the American Gaming Association predicted that Super Bowl wagers would soar beyond $16 billion, more than doubling the prior year’s projection of $7.6 billion.

Vegas Odds or American betting odds, often represented with + and – signs, are a common way to indicate the likelihood of various outcomes in sports betting. Here’s a breakdown of how these odds work, along with an example using the Kansas City Chiefs’ odds to win the Super Bowl at +475.

  1. Minus (-) Sign: The Favorite
    • The minus sign (-) is used to show the favorite in a matchup. The number following the minus sign indicates how much you need to bet to win $100.
    • For example, if a team has odds of -150, you need to bet $150 to win $100 (plus your original $150 back).
  2. Plus (+) Sign: The Underdog
    • The plus sign (+) indicates the underdog. The number following it shows how much you would win if you bet $100.
    • For example, if a team has odds of +200, a $100 bet would return $200 in winnings, plus your original $100.

If you prefer, refer to the odds conversion table on our odds calculator page.

Types of Super Bowl Bets

Once the Super Bowl 58 teams are confirmed, online sportsbooks and betting exchanges quickly show various types of betting options for the big game.

Bettors can bet the moneyline, the spread, or the points total (known as the ‘over/under’) pre-game.

  • Moneyline Bet: a bet on which team will be the outright winner of the game.
  • Spread: The spread sets one team as the favorite (and the opposing team as the underdog) – and sets a ‘line’ that is subtracted from the favorite’s points total to level the playing field. Example: Team A is the +1.5 underdog in the Super Bowl – meaning odd-smakers believe they will lose, but only by one point. To win a point spread bet on Team A, the team would need to win the Super Bowl outright or lose by one point exactly. If they lost by two points or more, this bet would be graded as a loser.
  • Over/Under: Bet on the total points scored in the Super Bowl game.