Super Bowl 58 Betting Odds: Pre-Divisional Round Analysis and Insights

by

Jan 17, 2024

As we approach the divisional round of the NFL postseason, it’s time to take a closer look at the evolving Super Bowl 58 odds. Before the playoffs began, the San Francisco 49ers were the clear favorites, and they still hold that position with odds at +175. This status quo isn’t surprising, considering their consistent performance since Week 10 of the regular season.

The team closest to challenging the 49ers for the Lombardi Trophy is the Baltimore Ravens, boasting an impressive 13-win season. Their odds stand at +270, making them a formidable contender in the eyes of oddsmakers.

The Buffalo Bills, the AFC’s second seed, started with odds at +650. However, their path to the Super Bowl is riddled with challenges. They face the formidable Kansas City Chiefs, who hold odds of +700 in a crucial matchup this week. Should the Bills overcome the Chiefs, they’d likely have to face the Ravens in the next round, explaining why their odds have shortened to +490.

Speaking of Kansas City, their +1000 odds at the beginning of the postseason have now dropped to +700. They are gearing up for a tough showdown against the Bills, with oddsmakers favoring them by 2.5 points. This game is essentially a coin flip, and the outcome could significantly impact the Super Bowl betting landscape.

The remaining teams, Detroit, Tampa Bay, and Green Bay, started with long odds and continue to be considered underdogs in the Super Bowl race. Detroit’s odds sit at 9 to 1, while Tampa Bay and Green Bay remain distant long shots.

What does this $2.10 difference in Super Bowl odds between Buffalo and Kansas City, along with the 2.5-point spread in their matchup, mean? It might not necessarily indicate a direct correlation, but it raises interesting questions for bettors. Do you bet on Kansas City to win this week, potentially playing with “house money” for the rest of the playoffs, or do you take the +700 odds on the Chiefs to win the Super Bowl, assuming they can overcome Buffalo and potentially the Ravens?

Ultimately, the decision comes down to your betting strategy and confidence in Kansas City’s ability to make it to the Super Bowl. If you believe in their championship potential, the 7 to 1 odds might be the way to go, with the opportunity to profit more as they progress deeper into the postseason.

In any case, the Super Bowl 58 odds are in constant flux, and this weekend’s games will undoubtedly impact the betting landscape. As the divisional round kicks off, NFL fans and bettors alike are in for an exciting weekend of football action and potential shifts in the odds.

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Thumbnail photo via Cary Edmondson-USA TODAY Sports

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