NFL Betting Trends – Updated Super Bowl Odds
The 2012 NFL regular season has reached the quarter pole of its 16 game schedule, so it is a great time to check in with Bovada to take a closer look at its updated odds to win Super Bowl XLVII.
The Houston Texans were fourth-favorites at 12/1 to win this season’s Super Bowl in early summer. A rock-solid 4-0 start that has them looking like the most complete team in the league on both sides of the ball which as in turn has elevated the Texans to top spot on the list as the current odds-on-favorite to win it all at 9/2.
The San Francisco 49ers were a top favorite of the betting public before the season started at 10/1 odds to win it all and nothing about their 3-1 start has done anything to damper their enthusiasm for this team. The 49ers did stumble against the upstart Minnesota Vikings in Week 3, but behind a solid running game and shutdown defense, they are now second-favorites to win the title at 11/2.
Atlanta started the season as a moderate 25/1 longshot to win this year’s Super Bowl, but its 4-0 start has vaulted the Falcons to 7/1 third-favorites to claim this season’s top prize. The jury is still out on whether or not they have a good enough defense to get the job done, but quarterback Matt Ryan’s fast start has Atlanta’s offense churning along as the third-highest scoring unit in the league.
An unexpected 2-2 start has tarnished some of the luster from perennial Super Bowl favorite New England’s odds. Tom Brady and Co. opened as 13/2 second favorites win it all this year, but they have dropped back to third-favorites at 7/1. The Patriots have left little doubt that they can still put points on the board with an average of 33.5 through their first four games.
Baltimore opened the regular season at 18/1 to win Super Bowl XLVII and after winning three of its first four games has slid down to 9/1 on the latest board. The Ravens have been a little Jekyll and Hyde so far with convincing win over Cincinnati, of one-point loss to Philadelphia, a one-point win over New England and a lack-luster seven-point win over Cleveland as 11.5-point home favorites in Week 4.
Everyone’s preseason favorite at 6/1, the Green Bay Packers have fallen back to the sixth-spot on the list at 9/1. The Packers are also off to a 2-2 start after getting stunned at home by the 49ers and getting robbed of a victory on the road in Seattle. That is has many losses as they had in 17 games last season, but it does really matter how you arrive as opposed to how you finish.
The biggest loser on the updated list is the shocking 0-4 New Orleans Saints. The Sportsbooks always knew how important a head coach is to his team by opening them at 18/1 to win it all before the start of the season, but the Saints vehemently denied that fact as fiction and are now paying the price. As far as the current odds go, the Saints are distant 100/1 longshots to rally the troops for a home game in Super Bowl XLVII at the Super Dome.
Minnesota may have made the biggest jump from 150/1 to 50/1 after a 3-1 start, but the Arizona Cardinals remain the biggest surprise of this young season at 4-0. The Cardinals opened at 50/1 and are now 25/1 to win it all this year. Before you go out and start dropping money on either of these teams, you may want to wait a few more weeks to see how things start to shake out.
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