Super Bowl 58 odds for the 2023 NFL betting season have already been released by many sportsbooks. Below you can find current odds to win and best bets, including favorites and sleepers.
All betting lines are provided by BetMGM Sportsbook.
Prediction: Who will win Super Bowl 58?
The Philadelphia Eagles (+400) are the favorite to win Super Bowl LVIII based on betting markets, followed by the San Francisco 49ers (+400), Kansas City Chiefs (+450), Baltimore Ravens (+750), and Miami Dolphins (+800).
Where will Super Bowl 58 be?
Super Bowl LVIII will be played in Las Vegas, Nevada on Sunday, February 11, 2024 at Allegiant Stadium. This will be the first time Nevada has hosted a Super Bowl, making it the 11th state to host the big game.
Super Bowl 58 Odds
|Team||Current Super Bowl Odds||Opening Odds|
|San Francisco 49ers||+400||+900|
|Kansas City Chiefs||+450||+600|
|New Orleans Saints||+8000||+3000|
|Green Bay Packers||+10000||+2500|
|Los Angeles Chargers||+12500||+2000|
|Los Angeles Rams||+12500||+3000|
|Tampa Bay Buccaneers||+25000||+8000|
|Las Vegas Raiders||+30000||+4000|
|New York Jets||+75000||+2500|
|New England Patriots||+150000||+5000|
|New York Giants||+150000||+4000|
Best Bet: Favorite to win Super Bowl 58
San Francisco 49ers +400
After a three-game slip, the 49ers have dominated after the bye to reestablish themselves as one of the best teams in the league.
Best Bet: Sleeper team to win win Super Bowl 58
Baltimore Ravens +750
Despite several key injuries, the Ravens have looked like one of the best teams in the league all year.
Betting Trends for Past Super Bowl Winners
- The AFC has won 7 of the last 11 Super Bowls
- The AFC’s top seed has advanced to the Super Bowl in 7 of the last 11 seasons
- The AFC’s No. 2 seed has advanced in 2 of the last 4 seasons
- 6 of the last 10 NFC teams to play in the Super Bowl were the top seed in the conference
- The NFC West has sent a team to the Super Bowl in 7 of the last 11 years
Past Super Bowl Winner Preseason Odds
- 2022: Kansas City Chiefs +800
- 2021: Los Angeles Rams +1400
- 2020: Tampa Bay Buccaneers +1000
- 2019: Kansas City Chiefs +600
- 2018: New England Patriots +600
- 2017: Philadelphia Eagles +4000
When Should you bet on the Super Bowl 58 Winner?
If you’re betting on Super Bowl LVIII favorites, you should place bets closer to the start of the season — that way you’ll keep funds in your account for an extra couple of months or possibly use a risk-free bet that does not tie up cash for months.
Identify teams that could have volatility in their odds with a single trade or signing, take a chance on those teams, and gain closing line value.
When placing a future bet like the Super Bowl 58 winner an important concept to understand is the time value of money, the idea that money is worth more now than the same sum will be worth in the future due to its earning potential in the interim.
Wagering now comes at an opportunity cost as the Super Bowl 58 bet will not be graded until February 2024, tying up funds wagered for many months.