Super Bowl 2023 Odds, Picks: Eagles Attracting Title Bets

As Week 1 of the NFL season approaches, we take a look at the NFL futures odds and provide our top picks for the 2023 Super Bowl.

A number of big-name players have switched teams this offseason. Quarterback Russell Wilson was traded from the Seattle Seahawks to the Denver Broncos, and QB Deshaun Watson was traded from the Houston Texans to the Cleveland Browns. The NFL is a copycat league and it seems as though teams are trying to follow the model of the Super Bowl LVI champion Los Angeles Rams, who won in their first season after acquiring QB Matthew Stafford from the Detroit Lions.

In placing futures bets, you must always consider two factors: will this team actually win the market, and are their odds only going to become shorter from here on out, relative to the early number? If the answer is yes to both of these questions, then you should consider purchasing that specific team.

Below we examine the Super Bowl LVII odds and where the value is located ahead of the NFL season.

2023 Super Bowl Odds

Super Bowl Picks: Favorites

I am not interested in investing in the Buffalo Bills at their +650 preseason price point even though they are the clear favorites in the market. At one point last season, the Bills had odds of +300 to win the AFC East and +1600 to win the Super Bowl, after opening at -150 and +1100, respectively. The AFC East has improved and I believe if you wait you will be able to obtain higher numbers on the Bills during the season.

We have seen the Tampa Bay Buccaneers' Super Bowl odds lengthen to +900 after QB Tom Brady left training camp for a couple of weeks with an excused absence. During the offseason, the Buccaneers have been an interesting team in the betting markets, as bettors have hammered the Under on their win total while backing them to win the Super Bowl. 

Most bettors have spent the entire offseason trying to determine which team will win the AFC West instead of the Kansas City Chiefs, and I am no exception. As we approach Week 1, I would like to admit I might have been wrong about this stance, and the Chiefs might be even better this season.

Using the draft capital acquired in the trade of wide receiver Tyreek Hill, the Chiefs were able to add a number of pieces to their defense, and they still possess a number of offensive weapons. As the Chiefs have the most difficult schedule in the NFL this season, we should have plenty of opportunities to buy a better number than the +1100 we are seeing via Caesars.

The Green Bay Packers fell short in the playoffs once again last season and they head into the 2022 campaign without their former No. 1 weapon in receiver Davante Adams. Aaron Rodgers is one of the premier quarterbacks in the NFL who is capable of making any wide receiver better but that is during the regular season. In order to win a Super Bowl he is going to need weapons and I just don't see it with this roster. At +1100 the Packers are a fade for me.

As we approach Week 1, the reigning Super Bowl champion Los Angeles Rams are trading at the exact same price point at which they opened last offseason, +1200 to win the Super Bowl. I'm not a big fan of backing a team to win a championship in back-to-back seasons, but the Rams know their window is closing, and they will no doubt be all in once again this year. 

Super Bowl Picks: Contenders

I believe that the Los Angeles Chargers are a team to pay close attention to throughout the season and that their odds will decrease as the season progresses. Aside from having one of the top quarterbacks in the league in Justin Herbert, the Chargers have added J.C. Jackson and Khalil Mack to their defense. With all the pieces in place, the Chargers appear poised to take the next step.

  
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