Super Bowl Odds 2027: Best Price on Every Team for LXI

A Wide-Open Race With One Clear Favorite

As of August 26, 2026, the Super Bowl futures market has a shape you do not see every year: one team priced well ahead of the field, then a huge cluster of contenders packed between +1000 and +2500. The Los Angeles Rams sit at +550, meaning a $100 bet returns $550 in profit if they win it all. Behind them, twelve teams live inside a range of just 1500 points of odds. When a board is this flat, the difference between a good bet and a bad one is less about picking the right team and more about paying the right price.

The Favorites

The Rams at +550 (best at DraftKings) carry an implied probability of about 15.4 percent, which is the market saying they win the title roughly one time in six and a half. The Buffalo Bills at +1000 (FanDuel) imply about 9.1 percent, the Baltimore Ravens at +1100 (FanDuel) about 8.3 percent, and the Seattle Seahawks at +1200 (FanDuel) about 7.7 percent. Notice the gap: the market sees the Rams as nearly twice as likely as anyone else. That is a strong statement, and strong statements at short prices are usually where the vig hides.

How Futures Betting Works

A futures bet is a single wager on the season-long outcome: you pick the champion now and your money is tied up until February. The catch is the vig, the built-in margin the book keeps. On a single game, the two sides usually add up to about 105 percent in implied probability. On a futures board, if you total the implied percentage of every team in the league, you get a number far above 100, often 130 or more. Just the sixteen teams listed here add up to roughly 106 percent before you count the other half of the league. That heavier margin is exactly why shopping matters. The prices above are the best available across US books, and the best number is not always at the same shop: the Rams are at DraftKings, the Bills at FanDuel, the Patriots and Texans at BetMGM, the Chargers at BetRivers. Taking +1700 instead of +1500 somewhere else is $200 more profit on the same $100 bet for the same risk.

Where the Value Is

Value in futures is about the gap between the price and your honest estimate of the team's chance. At +1700 (FanDuel), the Kansas City Chiefs carry an implied probability of just 5.6 percent, the same as the Chargers and barely ahead of a nine-team pack at +1900 to +2200. When a franchise the board still ranks in its top tier is priced at less than a third of the favorite's number, that is the kind of asymmetry the Wise Guy Desk looks for. In dollar terms, $100 on the Chiefs returns $1,700 in profit, versus $550 on the Rams. You need the Chiefs to be roughly one-third as likely as the Rams for the bets to be equal. The market says they are, but the payout math gives you far more room to be right.

The Long Shots

The Dallas Cowboys at +2500 (DraftKings) and the Jacksonville Jaguars at +3000 (DraftKings) are the biggest numbers on this board, implying about 3.8 and 3.2 percent respectively. The case for either is simple: at 25-to-1 and 30-to-1, a small stake buys a season of rooting interest with a large payout attached. The caution is just as simple: the heavy futures vig punishes long shots hardest, because the book's margin is baked into every price and long prices absorb most of it. Keep stakes small here.

The Bottom Line

This is Wise Guy Desk analysis, not an official play. The Rams at +550 are a fair favorite but a thin payout. The desk's read on the best value is the Chiefs at +1700 at FanDuel, a top-tier team priced with the middle of the pack. Whatever you back, take the best number. In a market with this much vig, the price is the edge.