Super Bowl Odds Update: Eagles Fly To Co-Favorites Behind Best Record

Somehow, the beloved Thanksgiving week of football is already upon us.

In what feels like no time at all, NFL Week 12 has arrived. Typically, this is a point in the season when we can survey the field of teams while having a comprehensive idea of who is built to go the distance.

Through the entirety of 2023, the Kansas City Chiefs, Philadelphia Eagles and San Francisco 49ers have all remained as frontrunners at FanDuel Sportsbook in terms of odds to win Super Bowl LVIII. However, the Eagles joined K.C. as co-favorites after defeating them in a head-to-head primetime bid last Monday night.

In another pivotal Week 11 contest, the Baltimore Ravens trounced the Cincinnati Bengals at home. Still, the greatest loss for Cincy would be far worse than a notch in the L column; franchise quarterback Joe Burrow was ruled out for the season with a wrist injury. With the deflating news, the Bengals' big game odds have fallen into a vortex.

Prior to our three kickoffs on Turkey Day (and one on Black Friday), let's dive into the latest Super Bowl LVIII odds, keeping an eye on risers and droppers in the market.

All NFL odds via FanDuel Sportsbook.

*Denotes Super Bowl LVII participant

Notable Jumps

Philadelphia Eagles

FanDuel Sportsbook Odds: +450
Last Week: +550

On the primetime stage of Monday Night Football, the Eagles did well to somewhat avenge their loss to Kansas City in last season's Super Bowl. At the raucous confines of Arrowhead Stadium, Philly marched into town and utilized a come-from-behind effort to secure their NFL-leading ninth win of the year.

The Birds sport the league's best record at 9-1 overall. Amongst the NFC, they show the shortest odds to win the conference -- something they accomplished in 2022. Right now, Philly is producing 27.3 PPG, which is the fifth-highest clip. However, their defense has not been as dominant in 2023 compared to last year; they have dropped from 8th to 16th in scoring D.

Fundamentally, the Eagles' success is perpetuated by quarterback Jalen Hurts' dual-threat abilities. Hurts is displaying a personal-best completion clip of 68.5% while pacing Philadelphia with 9 rushing touchdowns. On the outside, the fourth-year signal-caller has top-tier receivers in A.J. Brown (101.3 rec. yards per game) and DeVonta Smith (13.2 yards per reception). Additionally, his offensive line -- led by All-Pro center Jason Kelce -- is elite.

At the moment, Hurts is the MVP favorite at FanDuel Sportsbook. With just one (questionable) loss to the New York Jets, the Eagles claim to have not played their best ball yet. If Philly's defense can shore up the back end (allowing the eighth-most passing YPG at 248.1), the Birds will be a scary match for any opponent.

Houston Texans

FanDuel Sportsbook Odds: +4800
Last Week: +7500

After beginning the current campaign at 0-2, the Houston Texans have quietly been one of the hottest teams in the NFL. Under first-year head coach DeMeco Ryans and rookie-quarterback C.J. Stroud, Houston has won six of their past eight games, including each of their three most recent contests.

At 6-4 overall, the Texans are right behind the Jacksonville Jaguars for the AFC South crown. Still, at just one game back, H-town has already defeated the Jags once in 2023 -- that could prove to play a pivotal advantage later down the road. Not to mention, the division rivals square off again this weekend: a win for the Texans on Sunday would contribute substantially to their playoff chances.

It should be noted that Houston started the 2023-24 regular season tied with the Arizona Cardinals for the longest odds to win Super Bowl LVIII. Prior to Week 3, they showed an expansive price of 700-to-1 in this market at FanDuel Sportsbook. Fast-forward to now, and the Texans are labeled with a +4800 odds to go the distance -- yes, much can change in a month and a half.

In the present, Stroud has an outside shot to be the first rookie MVP since Jim Brown in 1957, but the Ohio State alum will almost certainly be named OROY. Houston -- a team that had only three wins in 2022 -- is now producing 277.7 total YPG (fourth in the NFL). Simply, it will be quite interesting to see where the young Texans sit at the conclusion of the regular season.

Steep Drops

Cincinnati Bengals

FanDuel Sportsbook Odds: +12000
Last Week: +1700

For starters, the Bengals did themselves no favors by losing three of their opening four games this year. Through that span, superstar quarterback Joe Burrow was notably dealing with a calf injury. Just before Week 5, Burrow seemed to turn on the juice, showing improved mobility in the pocket en route to a four-game winning streak. But just when there was regained confidence for Who Dey, it was obliterated.

Never mind that the Bengals have now lost back-to-back games (again): after the most recent edition of Thursday Night Football in Baltimore, Burrow is out the year with a torn ligament in his throwing wrist. These days, that is the worst possible sentence a native Cincinnatian could hear.

The Bengals had been playing well under Burrow, but even so, the team was ranked outside of the NFL's top 20 in most standard metrics, such as total yards per game (24th) and points allowed (21st). Along with the in-state rival Cleveland Browns, Cincy has been decimated by injury in 2023 -- star players Burrow, Sam Hubbard (ankle) and Tee Higgins (ribs, hamstring) will have all missed multiple games this year.

Undoubtedly, head coach Zac Taylor is confident in his current core of players. However, what good will that do if the key cog is sidelined indefinitely? Of course, the Super Bowl odds at FanDuel Sportsbook have reacted accordingly. Despite commencing the campaign with +1000 odds to win it all (+1700 as recent as last week), Cincy now yields a price tag of 120-to-1 in the big game market.

Los Angeles Chargers

FanDuel Sportsbook Odds: +6500
Last Week: +5000

Arguably, there has been no side more frustrating to watch over the past five years than the Los Angeles Chargers. Amidst a questionable transition from San Diego to Los Angeles, the Bolts have failed to establish a true identity (or fanbase) in their current city. It does not help that the team has been without any real success, all while having one of the most talented quarterbacks in the game, Justin Herbert.

Despite the fact the Bolts have not made it to a conference championship game since 2007-08, there was significant hope and excitement for this campaign. With a litany of marquee names on both sides of the ball (like Keenan Allen and Khalil Mack), most experts had the Bolts back in the postseason for the second straight year. Well, such has not been the case in 2023, as LAC is surrendering 291.6 total YPG (second most in the NFL).

At 4-6 overall, head coach Brandon Staley has the Chargers on a mediocre pace yet again. In just over two and a half seasons at the helm, Staley has a lifetime HC record of 23-21 in the regular season along with 0-1 in the playoffs. To make the road ahead even more difficult, the Bolts just lost their second-longest tenured player in Joey Bosa to an ankle injury.

Like their on-field results, Los Angeles has been up and down on the Super Bowl oddsboard numerous times in 2023. After starting the year with +2100 odds at FanDuel Sportsbook to hoist the Lombardi Trophy in Las Vegas, the Chargers now yield their longest price so far: 65-to-1.

Honorable Mentions

Trending Up

• Denver Broncos +13000

Falling Down

• Dallas Cowboys +1200

Looking for the latest NFL odds? Head over to FanDuel Sportsbook and check out all of the NFL betting options.

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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.