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Breaking Down Early Super Bowl LVII Favorites

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Stefon Diggs #14 of the Buffalo Bills. Omar Rawlings/Getty Images/AFP

A new season means new contenders for the league championship. Down below you’ll find the Super Bowl odds for the 2022-23 NFL season. If you’re looking to get an idea of every NFL team’s Super Bowl odds as you prepare to make some sports bets, you’ve come to the right place.

Coming off the Los Angeles Rams’ Super Bowl victory, now another team will hope to embark on a season-ending with the same glorious result.

While picking the Lombardi Trophy out of the 32 NFL teams can be a difficult task, depending on your loyalties, some teams can likely be ruled out from the start.

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Following the longest season in NFL history, teams can now start over with a clean slate, each team has the same 0-0 record, but as you can see below, they don’t all offer the same betting odds. For example, a $100 bet on the team with the best Super Bowl odds, the Buffalo Bills at +650 odds would pay a $650 profit if they manage to win Super Bowl LVII

Let’s take a look at the latest Super Bowl odds. With those lines in mind, we’ll also break down the teams whose odds present the best value.

Playing a Favorite: Buffalo Bills (+650)

Is anyone surprised to see the Buffalo Bills with the best Super Bowl odds? You shouldn’t be. Josh Allen is here to stay and Von Miller gives Bills Mafia the elite pass-rusher they’ve coveted for so long. But it’s not like they just bought their team via free agency, this core has been built up for years, thanks to trading for Stefon Diggs and having strong leadership from their coaching staff.

Betting On a Deep Sleeper: Las Vegas Raiders (+4000)

Navigating an excruciatingly tough season, the Las Vegas Raiders managed to go 10-7, clinching a playoff berth behind Derek Carr and a young nucleus on the rise. With Carr returning and Josh McDaniels taking over where Jon Gruden and Rich Bisaccia left off, the Raiders are in a position to do some damage relatively quickly. Of course, getting past the Kansas City Chiefs in the AFC West will always be a fight to the finish, but this roster isn’t far away from making a serious push.

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Davante Adams and Chandler Jones are two big-time players who can help ensure the Raiders make it further than being a one-and-done team in the playoffs.

Placing Your Wager On an Ascending Contender: Los Angeles Chargers: +2400

The Chargers disappointed by falling just short of the playoffs in 2021 but they’ve recovered incredibly well. Justin Herbert showed further development as a top young quarterback, and the only need left for the team after acquiring J.C. Jackson and Khalil Mack is to shore up their offensive line. Nabbing a first-round right tackle would solidify the Chargers as the most well-balanced team in the NFL.

Super Bowl Odds – Picks to Avoid: New England Patriots (+3500)

There’s not a team that has suffered a worse offseason thus far than the New England Patriots. They’re capped out and just lost a top-five offensive play-caller in Josh McDaniels. This team blew their cap on a bunch of role players in free agency last year and there’s no way to improve besides the draft.

The AFC is too deep for Bill Belichick to be relevant this year. You’d be better off taking an NFL pick on an average NFC team such as Philadelphia or the Arizona Cardinals than to lay money on the Patriots. Their best case is finishing in the Wild Card round before being eliminated.