When it comes to Super Bowl 58 betting odds, there aren’t a huge amount of surprises in the preseason numbers. Last year’s Super Bowl participants are the top two, and all four of the conference championship teams are among the top five. In this article, we will examine the current Super Bowl odds and who each of our analysts has predicted to take home the Lombardi, as well as each selecting a longshot to consider.

For this article, our analysts are PFN Chief NFL Analyst Trey Wingo, Chief Content Officer David Bearman, and betting and fantasy analysts BJ Rudell and Jason Katz.

Live Super Bowl 58 Odds

Odds are from DraftKings Sportsbook and correct as of June 27, 2023.

Super Bowl 58 Predictions

Wingo: Sometimes we tend to overthink things, and we seem to do it every year with the Kansas City Chiefs (+600 at Caesars). Last season was going to be their “hard reset” season. Instead, it ended up with a second Super Bowl ring and a third appearance in the last four seasons.

The Chiefs are to the 2020s what the Patriots were to the 2000s and 2010s: You start with them and work your way down. As long as Andy Reid, Patrick Mahomes, and Travis Kelce are together, KC is the mountaintop and the easy choice.

In the NFC, the San Francisco 49ers (+850 at Caesars) almost got to the Super Bowl without a QB. Barring another catastrophic injury run at the most important position in football, San Francisco seems poised to be the favorite to represent a rather bland NFC with the Eagles being their only real challengers.

Bearman: Yes, we all know about the Super Bowl hangover, when teams who lose in the Super Bowl don’t return. But the Bengals and Chiefs put that to rest the last two years, and so will the Philadelphia Eagles (+650 at DraftKings) this season.

Philly was one of the top teams, if not the top team, in the NFL most of last season. They only struggled in the two games Jalen Hurts was out and were a play or two on defense from winning the Super Bowl.

Since then, Philadelphia has added more Georgia Bulldogs on defense, D’Andre Swift in the backfield, and brought back a loaded offensive line. With Hurts again being an MVP candidate and A.J. Brown, DeVonta Smith, and Dallas Goedert as offensive weapons, I don’t see a drop-off. This appears to be a good price while everyone else is betting on the Chiefs to repeat.

BJ: No surprise here. The “safest” money conceivably is on the Chiefs and Eagles (+650 at DraftKings). Philly nearly won it all this past February, and they’re now even better.

The Cowboys and 49ers are fearsome and also a bit more flawed. The Eagles have won 18 of Hurts’ last 19 regular-season starts. As long as he and his corps remain healthy, Philadelphia should roll to the NFC’s No. 1 seed, take care of business at home in the playoffs, and then operate as betting-line favorites in the Super Bowl. It’s always easier said than done, but the Eagles are best positioned to do it.

Katz: I verily believe the Eagles (+650 at DraftKings) are winning the Super Bowl this season. They had a better team than the Chiefs last year, but Hurts wasn’t 100%, and, well, Mahomes is a wizard.

But now Philadelphia’s had a taste of what greatness looks like. They improved the roster by adding Swift and a premium first-round defender in Jalen Carter.

The Eagles also have the benefit of playing in a very weak NFC. When looking at the contenders, I have a very hard time finding anyone other than a healthy 49ers team that is truly a threat to the Eagles. Betting favorites on futures usually isn’t the best value, but Philadelphia is the clear favorite to reach the Super Bowl. At that point, they just need to win.

Super Bowl 58 Sleepers and Longshots

Wingo: The Baltimore Ravens (+2200 at Caesars) come to mind as perhaps the most intriguing sleeper. The Ravens resolved their QB issues, added WR help for Lamar Jackson, and can’t possibly be as injured as they have been the last two seasons.

Bearman: Sure, it might seem like a homer pick, and in the end, it might be. But anyone who saw the Miami Dolphins’ (+2200 at DraftKings) offense last year while Tua Tagovailoa was healthy, knows they have a shot if he stays on the field.

The Dolphins are stacked up and down the offense with skilled players and added Vic Fangio as the new DC to help a unit that was ranked in the top 10 in defense just two years ago. An already talented defense added All-Pro Jalen Ramsey and can keep the powerful AFC quarterbacks at bay. If injuries don’t bite this team, Miami has as good a chance as anyone in the loaded AFC.

BJ: “If not for injuries” is a poor NFL excuse. And yet, sometimes, it’s entirely accurate. For the 2022 Los Angeles Chargers (+2500 at DraftKings), significant injuries to key playmakers on both sides of the ball marred what might have been a deep playoff run. Consider, for example, that they lost to the Chiefs twice by only three points — once when Justin Herbert broke his ribs and with Keenan Allen out.

Thanks to a fairly productive offseason that included the addition of WR Quentin Johnston, this offense will be among the NFL’s best and might even give the vaunted Chiefs a run for their money. At their best, L.A. can run the table in the AFC West, claim a top-two AFC seed, and make that long-awaited deep playoff run.

Katz: The AFC is loaded. Patrick Mahomes, Joe Burrow, Josh Allen, Justin Herbert, Lamar Jackson, and Trevor Lawrence are all in the AFC. Plus, the conference gained Aaron Rodgers and could see bounce-back years from Russell Wilson and Deshaun Watson. As a result, a team like the Dolphins (+2200 at DraftKings) gets saddled with longer odds than their talent suggests they should have.

What would this look like if the Dolphins switched places with the Bucs, for example? They’d probably be around +1000. We’re getting longer odds because of the difficulty. But Miami doesn’t have to beat out every great AFC team. They just need to make the playoffs and win four games.

Lest we forget, this Dolphins team was 8-3 last season before Tua was lost for the season. With a loaded roster and a healthy quarterback, they can compete with anyone.

Recent Risers and Fallers

The biggest riser since the odds were first released is the New York Jets. New York opened in the +4000 region at most books and is now down to +1800 at DraftKings.

That rise in their chances occurred as they were first linked to and then traded for Rodgers, who provides the Jets with a huge upgrade on their troublesome QB situation from last season.

The Detroit Lions and Dolphins are two other teams who have seen their odds rise, but not to the same extent as the Jets. Both sit at +2200 — having opened above +3000 — and have gradually seen their odds improve in that time.

In terms of the favorites, there haven’t been any major fallers. The Cincinnati Bengals have drifted from around +900 out to +1100 in the last month. The bigger fallers are at the bottom end, where the Houston Texans and Arizona Cardinals have seen their odds fall away considerably since the lines first opened back in January.

Who Is the Favorite To Win Super Bowl 58?

It’s no surprise that the Chiefs are Super Bowl 58 favorites. That has been the case dating back even before they won the Super Bowl last year. Kansas City has now been to three of the last four Super Bowls and won two of them. Narrowly behind them are the Eagles, Buffalo Bills, 49ers, and the Bengals.