NFL Betting Trends- Updated Super Bowl Odds
With the start of the NFL regular season less than a week away, it is a great time to take a look at Bovada sportsbook’s current Super Bowl futures odds to see which team’s stock is on the rise and which ones are headed in the wrong direction since the original odds were first released right after last year’s Super Bowl.
Stock on the Rise
The Denver Broncos opened as 50/1 longshots to win this season’s title, but immediately moved up the ranks to 16/1 the minute that Peyton Manning was added to the lineup. Their current odds have remained fairly steady ever since and heading into the final week of the preseason the Broncos are currently listed at 15/1 to win Super Bowl XLVII. Manning appears to have returned to form, but there are still too many holes on this team to make them a solid contender this season.
Despite being just a couple of plays away from going to last year’s Super Bowl, the San Francisco 49ers were opened at 15/1 in early February when the first odds were released. Over the past few months the betting public continues to push this number down. Right before the start of the preseason the 49ers had moved all the way to 10/1, making them third-favorites with only Green Bay and New England having better odds. Three weeks later they are listed at 9/1 on the current board after a solid all-around performance in the preseason.
Another team that has been creeping up the board is the Philadelphia Eagles. After a very disappointing 8-8 record in 2011, the Eagles were opened at 14/1 to rebound with a Super Bowl run this season. In mid-July, the betting public pushed the odds down to 12/1 and after a 3-0 record in the preseason heading into Thursday night’s finale against the Jets, they are now 11/1 fourth-favorites to win it all. This is in spite of the fact that quarterback Michael Vick has already been knocked out of each of the first two preseason games with minor injuries.
Stock in decline
The debate rages on as to whether all the off-field turmoil with the New Orleans Saints will have a negative impact on the team’s performance on the field, but it is perfectly clear how the betting public feels about the whole situation. New Orleans opened as a17/2 third-favorite back in February but fell all the way to 18/1 right before the start of summer camp. This number has held steady through the first three weeks of the preseason after the Saints have looked pretty average in their first three games.
The Pittsburgh Steelers could be one of the toughest teams to get a handle on heading into the regular season. They opened at 12/1 to win another championship this year, but fell all the way to 16/1 right before the start of camp. Despite the team’s injury concerns at both running back and linebacker, the betting public must have seen something positive in this team over the past three weeks as Pittsburgh is now listed at 14/1 on the latest board.
One team that has been in a free-fall since the odds were first released is the New York Jets. They opened at 18/1 in February with the expectation that the team would return to the form that took it all the way to the AFC Championship Game in 2009 and 2010. The betting public obviously disagrees, as the Jets odds fell to 28/1 in late July right before the start of camp and have plummeted to 40/1 in light of the offense’s dismal performance in the preseason.
DJ is a freelance writer that concentrates on his true passion in life; the world of sports. He produces a number of articles each week for BangTheBook.com as well as a select group of other websites that specialize in providing the most up-to-date information for the sports gaming industry. His goal is to write insightful articles on a wide variety of sporting topics that can provide an edge to today's sophisticated online player.