Super Bowl Odds, Favorites and Betting Update Into Week 3

In NFL Week 2, the Buffalo Bills continued to dominate, Tampa proved it’s worthy of second choice status, and the Kansas City Chiefs beat a top rival. See below for updated Super Bowl Odds along with analysis.

Updated Odds to Win the Super Bowl LVII After Week 2 of the 2022 Season | NFL Betting Analysis

Super Bowl LVII

When: Sunday, Feb. 12, 2023
Where: State Farm Stadium, Glendale, AZ
TV: Fox

Updated Super Bowl 57 Odds

Buffalo Bills +400
Tampa Bay Buccaneers +700
Kansas City Chiefs +700
Los Angeles Rams +1200
Philadelphia Eagles +1200
Green Bay Packers +1400
Los Angeles Chargers +1600
Baltimore Ravens +1800
Miami Dolphins +2000
Denver Broncos +2000
San Francisco 49ers +2000
Minnesota Vikings +2500
Cincinnati Bengals +3300
Arizona Cardinals +3300
Dallas Cowboys +4000
Indianapolis Colts +4000
New Orleans Saints +4000
Las Vegas Raiders +5000
New England Patriots +5000
Cleveland Browns +5000
Tennessee Titans +6600
New York Giants +6600
Pittsburgh Steelers +8000
Washington Commanders +8000
Jacksonville Jaguars +10000
Detroit Lions +10000
Chicago Bears +15000
New York Jets +15000
Seattle Seahawks +15000
Carolina Panthers +20000
Houston Texans +24000
Atlanta Falcons +30000

Bills proving they can win the Super Bowl, but are they a play at +400?

Buffalo blasted the defending champion Los Angeles Rams in their first game. In their second game, Buffalo kept the good times rolling with a stunning 41-7 victory over the Tennessee Titans.

Because Buffalo has dominated, the odds on the Bills to win the Super Bowl have fallen to +400. The Bills now offer odds that are a third of what they were before the season started.

Are the Bills a legit play at +400? Maybe. The problem with backing Buffalo is that they haven’t beaten a really good team yet. Sure, the Rams won Super Bowl 56, but Los Angeles isn’t close to the team that took home the Lombardi last season.

Tennessee lost a home game to the New York Giants in the first week. Again, the Bills should be the favorite, but they offer +300 less than the Buccaneers or the Chiefs, making Buffalo an underlay.

Kansas City and Tampa are legit, the jury remains out on Green Bay

The Chiefs and Buccaneers are for real. Tampa went into New Orleans and beat the Saints in a stunning 20-10 win. The Bucs picked off New Orleans quarterback Jameis Winston three times.

Kansas City rallied to beat the Los Angeles Chargers. The Bolts are one of the better teams in the league. So the fact the Chiefs rallied to beat a division foe speaks volumes.

While KC and Tampa proved they can win the Super Bowl, the jury remains out on the Packers. Sure, Green Bay dusted the rival Chicago Bears 27-10. But the Bears have one of the worst offenses in the league.

Also, Green Bay always beats and covers versus the Bears. Aaron Rodgers and the Pack play against Tom Brady and the Buccaneers in Tampa on Sunday night. The week 3 game will tell us more about the Packers’ true Super Bowl chances than the victory against Chicago.

The Rams, Ravens, 49ers and Broncos look like underlays

The Rams almost allowed the longest shot on the board, Atlanta, to mount a comeback. The +1200 odds are seriously underlaid on the defending champs.

The 49ers looked good beating up Seattle, but the Niners must rely on Jimmy Garoppolo because Trey Lance broke his ankle. Jimmy G. is a quality quarterback. But he hasn’t taken SF back to the Super Bowl since the improbable run in 2019-2020.

The Denver Broncos may not be as good as so many believed. The Broncos couldn’t beat Seattle. Then in week 2, Denver struggled to beat the Texans.

The Ravens gave up a massive lead to Tua Tagovailoa and the Miami Dolphins. The Fins scored 28 points in the fourth quarter to beat Baltimore. Teams that give up those kind of leads don’t often win Super Bowls.

Miami and Philadelphia are the two top overlays after NFL Week 2

Miami made a huge comeback to bring their record to 2-0. The Dolphins face the Buffalo Bills at Hard Rock Stadium on Sunday. If Miami wins the game, their odds will fall big time.

So if you like Tua and his mates, back them ASAP. The other team to consider backing at overlay odds are the Philadelphia Eagles.

Sure, Philly is a top choice at +1400. But the Eagles offer the same odds as the underlay Rams. Right now, Philadelphia is the NFC’s best team, yes, better than the Buccaneers and Packers. So if you believe, back Jalen Hurts and the Eagles before their next win.

I have read enough, I need to place my bet now. What to do?