Opening Super Bowl 59 Odds Report, Trends: Everything You Need to Know

Super Bowl odds for 2024-25 are already on the board. In fact, several sportsbooks actually posted opening numbers for next season before the Kansas City Chiefs' stirring victory over the San Francisco 49ers to close the 2023-24 season.

The 49ers are the favorite in odds to win Super Bowl 59 at The SuperBook. The now two-time defending champion Chiefs are the second choice.

Here's everything you need to know about 2024-25 Super Bowl odds: action, line movement and betting trends. Check back regularly for updates and use our BetMGM bonus code to get the most out of your action.

Super Bowl 59 Odds

San Francisco Treat

Christian McCaffrey, left, and George Kittle should have the 49ers very much in the Super Bowl futures odds mix for the 2024-25 season. (Getty)

The 49ers had a tremendous opportunity to win Super Bowl 58, as the Big Game made its Las Vegas debut. But San Francisco came up just short, losing to Kansas City 25-22 in overtime.

Still, multiple sportsbooks opened San Fran as the favorite in the Super Bowl futures odds market for 2024-25. The SuperBook has the Niners at +600, and risk supervisor Chase Michaelson said it shouldn't be a surprise.

"The 49ers were the highest power-rated team all year. Nothing is gonna change that," Michaelson said.

Kansas City, aiming for a third straight championship, sits second at +800 in Super Bowl odds. The Baltimore Ravens follow at +1000.

"The Niners and Chiefs are our two biggest liabilities early," Michaelson said. "The Ravens haven't taken much action yet. Their odds are too short for the public to bet a team that they haven't seen win big games in the past."

More Early Money

New Raiders coach Antonio Pierce has generated some early enthusiasm among Super Bowl 59 bettors in Las Vegas. (Getty)

No real surprise, but the Las Vegas Raiders are getting early looks at The SuperBook. That tends to happen with most sportsbooks that operate in Las Vegas, even though the Raiders have just two playoff appearances – in 2016 and 2021 – since reaching the Super Bowl in the 2002-03 season.

However, with interim coach-turned-head coach Antonio Pierce, perhaps there's reason for early optimism. The Raiders were 8-9 SU in the 2023-24 season, but fared better ATS at 10-5-2. They went 3-1 SU/4-0 ATS in their last four games.

Shockingly, one of those final four games was a 20-14 road win over Kansas City as an 11-point underdog.

"As you would expect, we've taken some early Raiders money," Michaelson said. "We've also seen some interest in the Bengals and Jets."

Las Vegas is still a distant +8000.

Oddsmakers have much higher opinions of Cincinnati and New York. The Bengals should see QB Joe Burrow return from a wrist injury that shelved him after Week 11 last season. Cincy is the +1600 co-eighth choice along with the Philadelphia Eagles.

New York hopes to have Aaron Rodgers back from a torn Achilles suffered in Week 1 of the 2023-24 season. The Jets are +2500 on the Super Bowl 59 odds board.

Before you bet on NFL action, use our BetMGM bonus code to get bonus bets!