Super Bowl 51 Betting Odds: NFL Futures Updated in Advance of Week 3

On September 8 the National Football League kicked off the 2016 season with a Super Bowl rematch edition of Thursday Night Football, pitting the defending champion Denver Broncos against the Carolina Panthers.

But on that day, neither team was listed by online sportsbook Bovada as the favorite to hoist the Lombardi Trophy this time around. In fact, with rookie quarterback Trevor Siemian under the helm in place of retired legend Peyton Manning, Denver was listed seventh among NFL teams, at +2000 (20 to 1) on the Super Bowl LI odds. Carolina, meanwhile, was actually slated higher by Bovada in fifth at +1000.

Both teams trailed the Green Bay Packers (+600), the New England Patriots (+675), and the Seattle Seahawks (+900), while the Panthers were deemed equally as likely to win it all as the Pittsburgh Steelers (+1000) and Arizona Cardinals (+1000).

Two weeks of games are now in the books though, and many of the teams listed above are trending in different directions. The 2-0 Patriots, for example, were buoyed by the stellar play of inexperienced QB Jimmy Garropolo, who shined in place of suspended superstar Tom Brady. So rather than drop off as many prognosticators predicted, New England is now the favorite to win their fifth title under head coach Bill Belichick.

The Packers have struggled on offense so far, leading to a small dip from +675 to +800, while the Steelers have lit up the scoreboard to improve their chances from +900 to +700.

The two teams to make the biggest push into the realm of respectability are the Minnesota Vikings and the Houston Texans. Both have sprinted out to 2-0 records, moving from +2500 to +1600. The Vikings’ ascendancy has been particularly surprising, given the season-ending injury to QB Teddy Bridgewater and his replacement by perennial disappointment Sam Bradford.

Another pair of major preseason underdogs in the New York Jets and the Philadelphia Eagles – both of which entered the year at +7500 to be crowned champions – have played well enough to essentially cut the odds against them in half.

The Jets are a missed field goal away from being 2-0 against two tough teams in the Bengals and the Bills, and they moved to +4000 as a result.

The Eagles are 2-0, and while they’ve beaten up on bad Browns and Bears teams, the spotless play of rookie QB Carson Wentz and a defense that has surrendered 14 points or less in both contests has pushed them to +3300.

You can check out the table below to see the full list of Super Bowl 51 odds, then and now, to see how teams have repositioned themselves after two weeks:


Team SB Odds on 9/8 Team SB Odds on 9/20
New England +600 New England +450
Green Bay +675 Pittsburgh +700
Pittsburgh +900 Green Bay +800
Seattle +1000 Arizona +800
Carolina +1000 Seattle +1200
Arizona +1000 Carolina +1200
Denver +2000 Denver +1400
Cincinnati +2000 Minnesota +1600
Kansas City +2000 Houston +1600
NY Giants +2000 NY Giants +1800
Minnesota +2500 Cincinnati +3300
Oakland +2500 Kansas City +3300
Houston +2500 Baltimore +3300
Baltimore +3300 Dallas +3300
Indianapolis +4000 Philadelphia +3300
Dallas +5000 NY Jets +4000
Jacksonville +5000 Oakland +4000
Detroit +6600 San Diego +5000
Tampa Bay +6600 Indianapolis +6600
Washington +7500 Detroit +7500
NY Jets +7500 Tampa Bay +7500
Philadelphia +7500 Atlanta +7500
Atlanta +7500 New Orleans +10000
Miami +7500 Los Angeles +10000
San Francisco +7500 Jacksonville +15000
Buffalo +7500 Washington +15000
San Diego +7500 San Francisco +15000
New Orleans +10000 Chicago +15000
Chicago +10000 Tennessee +15000
Tennessee +15000 Buffalo +20000
Los Angeles +15000 Miami +20000
Cleveland +15000 Cleveland +50000