Super Bowl Odds 2027 Breakdown: Favorites, Contenders, and Dark Horses

The race toward Super Bowl LXI features a fascinating mix of established powers, defending champions, and teams attempting to climb into the NFL’s top tier. Futures markets provide one snapshot of those expectations, although prices can shift considerably throughout an offseason.

Seattle and Los Angeles headline the NFC conversation, while Buffalo and Baltimore remain prominent AFC threats. Green Bay and Philadelphia sit slightly further back, creating a field of contenders with plenty of uncertainty before the 2026 regular season begins.

A Congested Super Bowl LXI Outlook

The Super Bowl LXI outlook remains crowded as the 2026 season approaches, with several leading contenders separated by relatively narrow margins. Recent odds movement has also reshaped the picture, pushing some teams further from the favorites while others have gained ground.

The table below highlights how six teams have shifted.

*Note: Current odds are sourced via Covers and reflect a single sportsbook snapshot for consistency. Prices may vary between sportsbooks and can change over time.

Seattle Carries the Weight of a Championship

Seattle opened at +600 following its Super Bowl LX victory, placing the defending champion firmly among the leading contenders entering the offseason. That position reflected both the strength of Seattle’s championship run and expectations surrounding its title defense.

Seattle’s price has since moved outward. Those studying Super Bowl odds 2027 can compare how that movement differs across sportsbooks. Just before Week 1, the Seahawks stand at +1100, representing a noticeable lengthening from where expectations began earlier in the offseason.  

The movement from +600 to +1100 suggests Seattle’s position has softened considerably as the regular season approaches. Even so, the Seahawks remain firmly in the championship conversation after reaching the NFC’s top seed and finishing last season with a 29-13 Super Bowl victory.

That change adds another layer to Seattle’s title defense. The Seahawks enter Week 1 with longer odds than they carried at opening, making their early performances particularly relevant to whether that preseason movement continues once regular-season results begin shaping expectations.

Rams Remain Prominent Despite Changing Prices

Los Angeles provides another example of how expectations can shift considerably during an offseason. The Rams opened at +370, placing them firmly among the leading contenders immediately after the previous campaign.

As Week 1 approaches, Los Angeles is around +500 in the current FanDuel market shown via Covers, still longer than its +370 opening price. That still represents a longer price than the opening number, although the Rams remain among the shortest-priced teams in the current market.  

NFL Insights add another dimension to the NFC West storyline. Seattle and Los Angeles played three exceptionally close games during the previous campaign, including their conference championship meeting. That history leaves their divisional competition particularly relevant to the wider NFC outlook.

Consequently, Los Angeles begins Week 1 in a different position from where it opened. The movement from +370 to +500 has lengthened the Rams’ price from its opening level, although Los Angeles remains one of the shortest-priced teams entering the regular season.

Green Bay Faces a More Demanding Climb

Green Bay entered the post-Super Bowl period with relatively strong expectations. The Packers opened at +750, placing them firmly within the leading contender group despite entering the previous postseason as the NFC’s seventh seed.

That price has subsequently lengthened. Just before Week 1, Green Bay stands at +2200, representing a considerable shift from its opening position. The movement leaves the Packers entering the regular season with more uncertainty surrounding their championship outlook.

Green Bay consequently occupies a different position from where it began the offseason. The Packers remain within the wider contender conversation, but their longer price reflects changing expectations about whether they can emerge from a competitive NFC field. Reestablishing their earlier position will require strong results once the season begins.

Green Bay doesn’t need to return to its opening expectations immediately, but consistent performances could begin closing the considerable gap between the Packers’ original +750 price and their current +2200 mark.

Philadelphia Stays Within a Crowded Contender Tier

Philadelphia has experienced comparatively modest movement. The Eagles opened at +1200 following Super Bowl LX, positioning them within the broader contender group as attention began shifting toward the new season.

Just before Week 1, Philadelphia stands at +1800. The move represents a moderate lengthening from the opening price rather than a dramatic change in expectations. The Eagles therefore approach the regular season in a broadly similar position, although their championship outlook has softened slightly.

The movement from +1200 to +1800 leaves Philadelphia facing a familiar challenge. The Eagles remain part of the wider championship conversation, but separating themselves from other contenders will require meaningful regular-season evidence once games begin.

Philadelphia doesn’t need to immediately return to its opening position. However, strong early performances could begin reversing the offseason movement and provide a clearer indication of whether the Eagles can strengthen their standing as the regular season develops.

Denver’s Outlook Has Cooled

Denver entered the post-Super Bowl period with relatively strong expectations. The Broncos opened at +1000, placing them firmly within the broader group of teams expected to challenge during the 2026 season.

That price has subsequently lengthened. Just before Week 1, Denver stands at +1900, representing a considerable shift from its +1000 opening position and indicating that expectations have cooled as the regular season approaches.

The Broncos consequently occupy a different position from where they began the offseason; however, they still sit firmly in the dark-horse tier. They remain within the wider conversation, but their longer price reflects greater uncertainty about whether they can emerge from a competitive AFC field.

Reestablishing their earlier position will require strong results. Denver doesn’t need to return to its opening expectations immediately, but consistent performances could begin narrowing the substantial gap between the Broncos’ original +1 000 price and their current +1 900 mark.

Dallas Surges Into the Dark Horse Tier

Dallas has experienced considerably more dramatic movement. The Cowboys opened at +11000, a price that positioned them well outside the leading favorites and reflected relatively modest expectations heading into the 2026 season.

Just before Week 1, the picture looks very different. Dallas stands at +2000, representing a substantial shortening from its opening position and moving the Cowboys considerably closer to the broader group of dark horses that could enter the contender conversation with a strong start.

Dallas’ larger challenge is converting that improved outlook into regular-season results. The movement from +11000 to +2000 has transformed where the Cowboys stand entering Week 1, but meaningful games will provide the next measure of their progress.

The opportunity is now considerably clearer than it appeared when the market opened. Dallas enters the season with expectations substantially higher than its opening price suggested, focusing added attention on whether the Cowboys can sustain that momentum once regular-season results begin shaping the wider championship picture.

A Contender Picture Still Taking Shape

Super Bowl futures remain fluid as Week 1 approaches, with prices continuing to respond to injuries, roster moves and preseason developments. Los Angeles carries the shortest current price, while Buffalo, Seattle and Baltimore remain prominent challengers and Denver and Dallas sit further back in the dark-horse tier.

The market will keep moving once regular-season results arrive, making the direction of those changes almost as revealing as the prices themselves.

Content reflects information available as of 2026/09/01; subject to change.