Super Bowl Betting Odds: Where Do Things Stand After the NFL Draft?
The 2023 NFL Draft is officially in the books, and with the start of the season now four months away, where do things stand in terms of which teams are most likely to win it all this coming year?
Let's run through the eight squads with the best odds to win the Super Bowl, per FanDuel Sportsbook.
1. Kansas City Chiefs (+600)
The Kansas City Chiefs ended the 2022-23 season at the pinnacle, notching a thrilling 38-35 victory over the Philadelphia Eagles in Super Bowl LVII. As it stands, KC is the betting favorite to repeat that feat and secure their third Super Bowl in five seasons.
Since February, the Chiefs lost offensive coordinator Eric Bieniemy to the Washington Commanders, replacing him with Matt Nagy.
In free agency, they lost left tackle Orlando Brown Jr. to the Cincinnati Bengals, offensive tackle Andrew Wylie to the Commanders, and wide receiver JuJu Smith-Schuster to the New England Patriots. To address those departures, KC signed tackle Jawaaan Taylor to four-deal worth up to $80 million. In the draft, they added Edge Felix Anudike-Uzomah with the 31st overall pick, wide receiver Rashee Rice in the second round, and tackle Wanya Morris in the third round.
The result is a Chiefs team that has an unproven wide receiver group that is led by Kadarius Toney and Marquez Valdes-Scantling. That didn't stop Kansas City last year as they survived the loss of Tyreek Hill with ease. Patrick Mahomes is still under center, Travis Kelce is still running routes, Andy Reid remains at the helm, and the outlook is still bright for Kansas City.
The Chiefs are favorites to win the AFC West (-160), the AFC Championship (+350), and Super Bowl LVIII.
2. Philadelphia Eagles (+850)
The Eagles' 2023 season ended in defeat, but considering where it started, it was a success.
Any questions that remained about quarterback Jalen Hurts were answered, and the former second-round pick signed a five-year, $255 million contract extension in April. Philadelphia secured Hurts' services, but they lost both their offensive coordinator, Shane Steichen, and defensive coordinator, Jonathan Gannon, to head coaching jobs with the Indianapolis Colts and Arizona Cardinals, respectively.
To replace them, Philly promoted quarterbacks coach Brian Johnson to offensive coordinator and hired Sean Desai from the Seattle Seahawks to be their defensive coordinator.
In free agency, the hits kept coming, with defensive tackle Javon Hargrave signing for the San Francisco 49ers, offensive tackle Andre Dillard signing for the Tennessee Titans, and running back Miles Sanders signing for the Carolina Panthers.
The Eagles extended cornerback James Bradberry, center Jason Kelce, and defensive tackle Fletcher Cox. To address the loss of Sanders, they signed Rashaad Penny from Seattle and traded for D'Andre Swift. In the draft, they bolstered their defense, selecting defensive tackle Jalen Carter and outside linebacker Nolan Smith in the first round.
This may be an Eagles team that is arguably improved on both sides of the ball heading into the 2023 season. With playmakers at every position on offense and a defense bolstered by offseason additions, Philadelphia is set up for another excellent season.
The Eagles are favorites to win the NFC East (+110) and the NFC Championship (+330).
3. Buffalo Bills (+900)
The Buffalo Bills' season ended in disappointment. For a team that entered the campaign with a single goal, to finally win a Super Bowl, a 27-10 loss to the Bengals in the Divisional Round was not good enough.
Buffalo will enter the 2023 season with the same offensive coordinator, Ken Dorsey, but will be without defensive coordinator Leslie Frazier, who is taking a year off from coaching. Head Coach Sean McDermott is expected to instruct the defense in his absence.
In free agency, the Bills lost inside linebacker Tremaine Edmunds to the Chicago Bears and running back Devin Singletary to the Houston Texans.
They extended safety Jordan Poyer and signed guard Connor McGovern from the Dallas Cowboys, running back Damien Harris from New England, and running back Latavius Murray from the Denver Broncos. In the draft, they selected tight end Dalton Kincaid with the 26th overall pick, before adding offensive lineman O'Cyrus Torrence in the second round and linebacker Dorian Williams in the third round.
The result is a Buffalo team that, for the moment, looks similar to last year's. Kincaid's addition to the offense should provide Josh Allen with another dynamic pass-catcher in the middle of the field, and in the backfield, second-year running back James Cook could have the opportunity to take on a larger role.
Postseason results aside, Buffalo was a formidable team last year, and with limited changes this offseason, the Bills should remain one for 2023.
The Bills are favorites to win the AFC East (+130) and own the second-best odds to win the AFC Championship (+450).
4. San Francisco 49ers (+950)
The 49ers' season ended with a 31-7 loss to the Eagles in the NFC Championship. It was a disappointing end to an improbable season that saw San Francisco lose both Trey Lance and Jimmy Garoppolo to long-term injuries, resulting in Mr. Irrelevant, Brock Purdy, taking over.
Purdy excelled immediately, navigating the 49ers to eight consecutive victories, including postseason wins over the Seahawks and Cowboys. Ultimately, bad luck struck three times for the 49ers, with Purdy tearing his ulnar collateral ligament in the first quarter of the NFC Championship, bringing the fairytale run to an end.
The 49ers will enter the season with Kyle Shanahan in charge of the offense, and Steve Wilks at defensive coordinator after DeMeco Ryans was hired to be the head coach of the Texans.
In free agency, San Francisco lost offensive tackle Mike McGlinchey to the Broncos, quarterback Jimmy Garoppolo to the Las Vegas Raiders, defensive end Samson Ebukam to the Colts, and safety Jimmie Ward to Houston.
They signed Javon Hargrave to a four-year, $84 million deal and brought in Sam Darnold on a one-year deal to compete for the quarterback position. In the draft, the 49ers didn't have a selection until their three picks in the third round, which they used on safety Ji'Ayir Brown, kicker Jake Moody, and tight end Cameron Latu.
San Francisco will enter 2023 as a team that has some uncertainty on both sides of the ball. Their quarterback position remains a question mark, with both Purdy and Lance coming off serious injuries and Darnold new to the team. The defense, which had been dominant in two seasons under Ryans, will have a new coordinator in Wilks.
For most teams, these would be serious concerns, but with Shanahan at the helm, the 49ers seem to be able to adapt to any situation. Whoever starts at quarterback will be running an offense full of explosive playmakers, and the 49ers' defense has thrived despite previous changes at coordinator.
The 49ers are favorites to win the NFC West (-175) and have the second-best odds to win the NFC Championship (+350).
5. Cincinnati Bengals (+1000)
The Bengals' season ended with a 23-20 loss to the Chiefs in the AFC Championship -- an identical scoreline to the Bengals' loss to the Los Angeles Rams in Super Bowl LVI. Technically the Bengals took a small step back last season, but eliminating Mahomes in back-to-back seasons, even with Mahomes on an injured ankle, was always going to be a very tough task.
Cincinnati will enter the 2023 season with continuity at both offensive coordinator (Brian Callahan) and defensive coordinator (Lou Anarumo).
In free agency, the Bengals lost safety Jessie Bates III to the Atlanta Falcons and defensive back Vonn Bell to the Panthers. On offense, they lost tight end Hayden Hurst to Carolina and running back Samaje Perine to the Broncos.
To address the loss of Hurst, the Bengals signed tight end Irv Smith Jr. from the Minnesota Vikings. Their big addition was offensive tackle Orlando Brown Jr., who they signed from the Chiefs to a four-year deal worth up to $64 million. In the draft they selected defensive end Myles Murphy in the first round, cornerback DJ Turner in the second round, and safety Jordan Battle in the third round.
Before the start of the 2023 season, the Bengals are expected to sign Joe Burrow to a contract extension that could make him the highest-paid player in NFL history.
This is a Bengals team that, much like Buffalo, should look similar to last year's. There is some turnover in the secondary, but retaining Anarumo, who was a finalist for the Cardinals' head coach position, should ensure the defense remains impactful. An offensive line bolstered by the arrival of Brown should benefit a passing game that will continue to run through arguably the NFL's best wide receiver duo -- Ja'Marr Chase and Tee Higgins.
After narrow defeats the last two seasons, the Bengals look poised to contend for a Super Bowl again this year. The Bengals are favorites to win the AFC North (+125) and have the third-best odds to win the AFC Championship (+500).
6. Dallas Cowboys (+1400)
For the second year in a row, the Cowboys' season ended with a playoff loss to the 49ers in a low-scoring contest. Dallas is now a combined 0-8 in Divisional Round playoff games since their last Super Bowl win in 1995.
Following their loss to San Francisco, the Cowboys parted ways with offensive coordinator Kellen Moore and hired Brian Schottenheimer to fill the role. They retained defensive coordinator Dan Quinn as well as head coach Mike McCarthy.
In free agency, the Cowboys lost guard Connor McGovern to the Bills and tight end Dalton Schultz to the Texans. They used their franchise tag on running back Tony Pollard and cut Ezekiel Elliott. They resigned linebacker Leighton Vander Esch, defensive back Donovan Wilson, and defensive lineman Dante Fowler Jr.. In the draft, they selected defensive tackle Mazi Smith in the first round, tight end Luke Schoonmaker in the second round, and linebacker DeMarvion Overshown in the third round.
McCarthy is expected to call plays for Dallas next season, and a change in philosophy is expected. In March, McCarthy said "Kellen wants to light the scoreboard up, but I want to run the damn ball so I can rest my defense...I don't have the desire to be the No. 1 offense in the league. I want to be the No. 1 team in the league with a number of wins and a championship. And if we've got to give up some production and take care of the ball better to get that, then that's what we'll do, because we have a really good defense."
After falling short the last two seasons, expect things to look a little different in Dallas. There's no question that the 'Boys have top-notch talent. The Cowboys have the second-best odds to win the NFC East (+165) and the third-best odds to win the NFC Championship (+600).
7. New York Jets (+1400)
The Jets' 2022-23 season ended the same way all of their seasons have since 2010, without a playoff appearance.
After starting out 5-2, struggles at the quarterback position and an injury to rookie running back Breece Hall derailed New York's season. They finished the year with six consecutive losses, arriving at a record of 7-10. Shortly after, they parted ways with offensive coordinator Mike LaFleur and began their offseason with one goal in mind -- find a solution for the quarterback position.
That goal led them to make several changes, starting with signing Nathaniel Hackett to be their new offensive coordinator. In free agency, they lost defensive tackle Nathan Shepherd to the New Orleans Saints, defensive tackle Sheldon Rankins to the Texans, and quarterback Mike White to the Miami Dolphins. The departures also included wide receiver Elijah Moore, who was traded to the Cleveland Browns.
To address these departures -- and help them secure a quarterback -- the Jets signed wide receiver Allen Lazard from the Green Bay Packers and Mecole Hardman from the Chiefs. Finally, in late April, the Jets found their solution at quarterback, trading multiple draft picks to Green Bay for Aaron Rodgers. In the draft, they selected outside linebacker Will McDonald IV in the first round and center Joe Tippmann in the second round.
This is a Jets team that has an established, accomplished starter under center for the first time in over a decade. Rodgers joins an offense with ascending young players in Hall and Garrett Wilson. Add in a defense that finished the 2022 regular season ranked second in numberFire's team power rankings, and the Jets will enter the 2023 campaign feeling like they have a real shot at a Super Bowl.
New York has the second-best odds to win the AFC East (+250) and the fourth-best odds to win the AFC Championship (+900).
8. Baltimore Ravens (+1800)
The Ravens' 2022-23 season ended with a 24-17 loss to the Bengals in the Wild Card round of the playoffs. With Lamar Jackson sidelined due to a knee injury, Baltimore was inches away from taking a six-point lead in the fourth quarter, but Tyler Huntley fumbled at the goal line, resulting in a touchdown for the Bengals' defense.
What followed was one of the more turbulent offseasons in the history of the Ravens franchise. Offensive coordinator Greg Roman, who had been in his role since 2019, resigned and was replaced by Todd Monken.
Baltimore's free agency revolved around Jackson. Over the past two years, the two sides had tried -- and failed -- to come to an agreement on a contract extension. Their inability to do so finally caused the situation to reach a boiling point in March. On March 2nd, Jackson requested a trade, and on March 7th, the Ravens placed the rarely-used non-exclusive tag on him, opening the door for other teams to present the former MVP with offers.
Nothing materialized, and then, with the NFL draft fast approaching, the two sides came to an agreement on a five-year contract extension worth up to $260 million that made Jackson -- at the time -- the highest-paid player in the league.
In addition to extending Jackson, the Ravens also signed wide receivers Odell Beckham and Nelson Agholor. They lost defensive end Calais Campbell to the Falcons, guard Ben Powers to the Broncos, and tight end Josh Oliver to the Vikings. In the draft, they selected receiver Zay Flowers in the first round, linebacker Trenton Simpson in the second round, and linebacker Tavius Robinson in the third round.
Baltimore could look much different on offense this season. The change in offensive coordinator, combined with the continued investment at the wide receiver position, could see the passing game utilized more often than in previous seasons. Baltimore has struggled with injuries in recent years, but when healthy, the Ravens boast an offense full of playmakers and a top-tier defense.
The Ravens have the second-best odds to win the AFC North (+240) and the fifth-best odds to win the AFC Championship (+1000).
The above author is a FanDuel employee and is not eligible to compete in public daily fantasy contests or place sports betting wagers on FanDuel. The advice provided by the author does not necessarily represent the views of FanDuel. Taking the author’s advice will not guarantee a successful outcome. You should use your own judgment when participating in daily fantasy contests or placing sports wagers.