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NFLFutures · Updated 6:15 AM ET · Nov 12

NFL futures: Super Bowl winner odds & analysis.

The full Super Bowl field with the desk’s math on it: best price per team across 7 books, the market’s hold, and the no-vig fair number every price has to beat.

Big Mike’s read on the board

the market makes San Francisco 49ers the Super Bowl favorite at +600, about 13% fair once you strip the 17% the books are holding on this field. the number i keep looking at is Tampa Bay Buccaneers: +10000 at BOL against a fair +8434. that gap is real. futures money is dead money for months, so the price has to earn it.

TeamBest priceImpliedFairEdge
San Francisco 49ersdrifting+600 FD15.1%12.9%—
Buffalo Billssteaming+600 BOL14.9%12.7%—
Jacksonville Jaguarsdrifting+800 Bov11.7%10.0%—
Chicago Bearsdrifting+900 BOL10.7%9.2%—
Kansas City Chiefsdrifting+1200 Bov8.3%7.1%—
Cincinnati Bengalsdrifting+1400 BOL7.1%6.1%—
Los Angeles Ramsdrifting+1800 MGM6.4%5.5%+3.6%
Denver Broncossteaming+1600 BOL6.0%5.1%—
Seattle Seahawksdrifting+2000 BOL5.6%4.8%—
Detroit Lionsdrifting+2000 BOL5.2%4.5%—
Green Bay Packerssteaming+2200 BOL4.6%3.9%—
Minnesota Vikingssteaming+2200 DK4.5%3.9%—
New England Patriotsdrifting+4000 BOL3.1%2.6%+7.6%
Houston Texansdrifting+5000 MGM2.5%2.1%+6.9%
Pittsburgh Steelersdrifting+4500 DK2.3%2.0%—
New York Giantsdrifting+6600 MGM1.6%1.4%—
Dallas Cowboysdrifting+6600 BOL1.6%1.3%—
Tampa Bay Buccaneerssteaming+10000 BOL1.4%1.2%+18.4%
Carolina Panthersdrifting+15000 Bov0.8%0.7%+6.0%
Atlanta Falconsdrifting+20000 BOL0.8%0.7%+33.1%
Full field (12 more)
TeamBest priceImpliedFairEdge
Baltimore Ravensdrifting+25000 BOL0.5%0.5%+17.8%
New Orleans Saintsdrifting+40000 BOL0.5%0.5%+86.5%
Cleveland Brownsdrifting+30000 BOL0.5%0.4%+21.1%
Washington Commandersdrifting+30000 BOL0.5%0.4%+18.3%
Las Vegas Raidersdrifting+50000 BR0.3%0.3%+34.1%
Arizona Cardinalsdrifting+100000 DK0.1%0.1%—
Philadelphia Eaglesdrifting+100000 Bov0.1%0.1%—
Los Angeles Chargersdrifting+150000 BOL0.1%0.1%+16.0%
Indianapolis Coltsdrifting+200000 BOL0.1%0.1%+46.5%
New York Jetsdrifting+200000 BOL0.1%0.1%+46.5%
Tennessee Titansdrifting+300000 BOL0.1%0.1%+107.5%
Miami Dolphinsdrifting+500000 BOL0.1%0.1%+229.5%

How to read this board

Every futures price is a probability in disguise, and the books price the whole field so those probabilities add up to far more than 100%. That overage is the hold, and on championship futures it runs several times fatter than a game line. The fair column strips it out: each team’s honest share of the field according to the market itself.

When a futures bet is actually worth it

Two conditions, both required: the best available price beats the fair number (the Edge column), and you’re comfortable parking the money until the confetti falls. A futures ticket that merely matches fair value is a worse bet than the same opinion expressed on game lines week by week. The hold and the dead months have to be paid for by a genuinely mispriced number.

Common questions

How do NFL futures odds work?

A futures price is a probability wearing a costume: +500 implies a 16.7% chance. Books price every team in the field, and the implied probabilities sum to well over 100%. The excess is the hold, currently 17% on this market. Fair value is each team's share once that hold is stripped out.

What's the smartest way to bet Super Bowl winner futures?

Shop the number across books (the best price on the same team routinely differs by 20% or more), compare it to the no-vig fair line on this page, and only lock money for months when the price genuinely beats fair. Line-shopping matters more on futures than on any other bet type.

How often does this board update?

Prices refresh twice daily from the major US sportsbooks, and the fair-value math recomputes on every refresh. The movers module tracks each team's best price against its previous number.

GET BIG MIKE

When a Super Bowl number breaks fair value, it's on his board first.

His whole board live, your bets graded against the close, and the best number on every play. 61.5% on the moneyline board · 808 picks graded in public.