The regular season is about to begin and the Vegas odds for Super Bowl 2023 are already available. In addition to knowing what the current odds for Super Bowl LVI are, you will also need to know how to read and navigate them. We’ll lay out all the differences between Super Bowl line odds and odds for Super Bowl prop bets. This is your one-stop shop for Super Bowl odds 2023.

The date is set for the 12th of February. We head to the SoFi Stadium in Inglewood, California for Super Bowl 57, with the Eagles and Chiefs due to meet to play for the 2023 Championship. Let’s check to see who’s winning the Super Bowl in 2023.

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Who will win the Super Bowl? – Las Vegas Odds

The Vegas favorites to win the Super Bowl are KC Chiefs for the 2021-22 season. The Kansas City Chiefs opened the season with a +600 odds of winning Super Bowl LVI. Those are not the highest odds, because Super Bowl futures odds are always a bit riskier, but they were still the best of the league.

The odds for Super Bowl futures bets will always carry more risk and be worth more money. This is something to keep in mind when betting on the Super Bowl. When looking at the Vegas odds on the Super Bowl, keep in mind how far away you are from the big game. This is a moving train.

If you’re not sure who is favored to win the Super Bowl, be sure to check out the latest odds from our recommended bookmakers which make it easy to see who’s going to win the Super Bowl in the bookmaker’s eyes. The early Vegas odds for the NFL Super Bowl favor the Buffalo Bills, although this may shift as we get into the post season.

These Vegas Super Bowl odds swept from all the top-tier providers available in the United States. We cover all the best Vegas lines for the Super Bowl on this page. The Vegas odds to win the Super Bowl was last updated January 30, 2023:

2023 Super BowlBovadaBetOnline ReviewMyBookie Review
Kansas City Chiefs+110+110+115
Philadelphia Eagles-173-180-175

Super Bowl 2023 Favorites

To pick an outright Super Bowl favorite is difficult. But, the bookmakers’ odds will certainly give you a good idea as to who it might be. Who’s favored in the Super Bowl is dependent on league form and the potential of the team, which is assessed by bookmakers before and during the season. In terms of who is the favorite in the Super Bowl right now,  it’s going to be the Buffalo Bills. But the Super Bowl favorites change all the time, so stay tuned!

  • Kansas City Chiefs (+110)

The Chiefs looked unstoppable in recent years. But things slipped over the last couple of seasons, especially after losing out to Tom Brady and his Buccaneers a year back. Now that they’ve overcome the Bengals, they’re back to the Super Bowl to claim the top prize and show who is the best football team in the world.

  • Philadelphia Eagles (-173)

The Philadelphia Eagles were not one of those teams you expected to compete with the top teams this season. But, a string of consistent performances at the start of the season gave them the confidence they needed, and the results have continued to flow since then.

AFC favorites to win the Super Bowl

The Kansas City Chiefs won the AFC title 2023. The AFC winners’ odds were last updated on February 8, 2023:

AFC Winners Odds 2023BetOnline ReviewMyBookie ReviewBetUS Review
Kansas City ChiefsTBATBATBA
Cincinnati BengalsTBATBATBA

NFC favorites to win the Super Bowl

The NFC Conference title was won by the Philadelphia Eagles. The NFC winners’ odds were last updated on February 8, 2023:

NFC Winners Odds 2023BetOnline ReviewMyBookie ReviewBetUS Review
Philadelphia EaglesTBATBATBA
San Francisco 49ersTBATBATBA

Who’s going to the Super Bowl?

The Eagles and the Chiefs, have been the standout teams, and we didn’t expect anything less than one of those two to clinch Super Bowl 57. But, things rarely work as you’d expect in the NFL. There is a lot of quality in the league this season, and we had our eyes on teams like the Eagles, Cowboys, and 49ers who fell off in the postseason.

Kansas and Philadelphia both have solid teams, and the momentum is definitely with them now. The Super Bowl is just a few weeks away. Sport, especially the NFL, is about belief and understanding how much you can push yourself and your team. From a betting perspective, these teams are certainly fairly even, but it’s the Eagles that have blown their opponents out of the water in the postseason and look clear favorites.

Where to Find Live Super Bowl Odds

Betting on the Super Bowl live is one of the most exciting betting experiences you can have. In order to make it the best it can be, you will need to find a great online sportsbook that will rapidly update their live Super Bowl odds.

While almost all sportsbooks will have a section for live betting, there can be a whole football field of differences between the features and assets they offer. Some will provide live updates. Some will provide visual updates such as a digital field. They will update their live Super Bowl odds more or less frequently.

If you are looking for sportsbooks with great live odds and in general live betting experience, we can help. Our guide to live-betting sportsbooks will point you in the right direction.

Odds for Different Super Bowl Bets

Super Bowl betting comes with lots of different bets, and we should know how to read a variety of Super Bowl odds. Whether we are looking at odds tow in the Super Bowl outright, finding the odds for the Super Bowl spread, or any number of other bet types available during the final match.

Let’s look at some of the most common and fun Super Bowl Vegas odds for different bet types.

Odds to Win the Super Bowl

The odds to win the Super Bowl outright are the simplest and most common of all. You are simply betting on the winner, and that’s it. These are also known as single, moneyline, or straight bets. In American odds, the lower the number, the more likely the team is to win.

Of course, the second you combine this type of bet with another bet, you can set up a parlay, accumulator, or multiple bet. Here your odds will get slimmer, but your profits will skyrocket if you manage to pull it off. Remember, in these circumstances, all bets on your bet slip have to come out your way, otherwise you lose the whole thing.

Super Bowl Betting Lines

When looking at the odds for Super Bowl betting lines, you might be struck by something: they will always be nearly evenly matched. That’s because the sportsbooks engage in handicapping to make the odds to win the Super Bowl bet even. They do this by adding points and saying that the favorite has to win by, say, 7.5 points, in order for them to be considered a winner for this type of wager.

Super Bowl Spread

When looking at Super Bowl spread odds, keep in mind exactly what you are betting on. The sportsbooks normally do a pretty good job of handicapping these to make them less than obvious.

You are betting on the total number of points scored between the two teams. So let’s say the Kansas City Chiefs go up against the Green Bay Packers. The sportsbook may offer a spread of 42.5. You would then bet on if the total number of points is more or less than that. Given the focus on offense amongst these two teams, I would go with over in this case.

Super Bowl Prop Betting Lines

Looking at odds for Super Bowl prop betting can be quite strange. It is very hard to predict the outcome of events that are not related to the outcome of the game. For example, will the coin toss land on heads (+105) or tails (+105)? Well, there really is no educated guess or pick for these Super Bowl prop odds.

Other odds for Super Bowl prop bets are more navigable. For example, if the longest touchdown will be run in or thrown in. This is an example of something you can research and make an educated bet on.

Super Bowl Futures

Vegas odds for Super Bowl futures will change over time. Right when Super Bowl LV ends, you will find future odds for Super Bowl LVI. The earlier you get your bet in, the more money you are likely to make. That is because odds for futures bets calculate the risk inherent in the passing of time between the event and the bet.

For example, the Chief’s odds to win Super Bowl LV have gone from +700 to +200.

How to read Super Bowl odds

Super Bowl odds will be displayed in American format, one of three odds formats (including Decimal and Fractional). You will always see the American format on our top-tier provider’s list and the bookmakers we recommend on this page.

You can easily recognize American odds by the plus (+) and minus (-) signs displayed next to the numbers. That may seem unclear, so let’s use an example to make things more transparent. If we use a potential Super Bowl matchup between The Kansas City Chiefs and the Buffalo Bills, you might see odds displayed like this:

  • Kansas City Chiefs (-200) vs Buffalo Bills (+170)

In this example, you can see that the chiefs are the favorite over the Bills, although it is relatively close. Let’s use a bet to make things even more straightforward. If you put $100 on the Bills, you will win $170, which is a reasonably good return. However, if you wager $100 on the Chiefs at -200, you will win $150. So, although one is the favorite, the odds are, in fact, fairly even.

With all this information, you are more than ready to get started at a trusted online sportsbook.

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