NFL Super Bowl 56 Betting Update Before the 2021 Season Begins

The first game of the NFL season looms. Defending champion Tampa Bay hosts the Dallas Cowboys on Thursday, Sep. 9. After NFL Week 1, Super Bowl odds tends to change dramatically, which is why we should take one last look at current Super Bowl 56 odds. Check out an NFL Betting analysis before the season starts Super Bowl odds update.

Updated Super Bowl Odds Right Before the Season Starts

Super Bowl LVI

When: Sunday, Feb. 13, 2022
Where: SoFi Stadium, Inglewood, CA
TV / Streaming: NBC

Super Bowl LVI Odds

Kansas City Chiefs +450
Tampa Bay Buccaneers +550
Green Bay Packers +900
Buffalo Bills +1100
San Francisco 49ers +1400
Cleveland Browns +1400
Baltimore Ravens +1600
Los Angeles Rams +1600
New England Patriots +2200
Dallas Cowboys +2400
Tennessee Titans +2400
Seattle Seahawks +2500
Minnesota Vikings +2800
Denver Broncos +3000
New Orleans Saints +3500
Miami Dolphins +3500
Indianapolis Colts +3500
Los Angeles Chargers +3500
Pittsburgh Steelers +4000
Arizona Cardinals +4000
Washington Football Team +4000
Chicago Bears +4500
Las Vegas Raiders +6000
New York Giants +6600
Atlanta Falcons +7000
Jacksonville Jaguars +8000
Carolina Panthers +8000
Philadelphia Eagles +9000
Cincinnati Bengals +125000
New York Jets +150000
Detroit Lions +150000
Houston Texans +20000

Do the Chiefs and Buccaneers offer underlay, overlay, or fair odds?

Patrick Mahomes and Kansas City offer overlay odds. Tom Brady and the Buccaneers offer underlay odds.

First, KC should see more competition in the AFC West. The Denver Broncos had been a +1800 choice to the win Super Bowl up until this past weekend. It’s difficult to know why oddsmakers adjusted the line from +1800 to +3000.

In any case, the Broncos look like one of this season’s most improved teams. The Los Angeles Chargers should also be a decent team while the Raiders have a good quarterback in Derek Carr.

Not only that, but the schedule is brutal. KC plays against the Browns in Week 1, the Ravens in Week 2, Buffalo in Week 5, Tennessee in Week 7, Green Bay in Week 9, and host Pittsburgh in Week 16.

Tampa plays against the AFC East and the NFC East, two of the worst divisions in football. Brady and the Bucs should roll this season.

Which teams offer the most underlay odds to win Super Bowl 56?

The Green Bay Packers shouldn’t be a +900 team to win the Lombardi Trophy. The Packers posted the best record in the NFL last season. They couldn’t get past the Buccaneers in the NFC Championship even though the game happened at Lambeau Field.

We must question Aaron Rodgers’ motivation. Also, offensive lineman David Bakhtiari is on the PUP list and out for at least 6 weeks.

Two linebackers, Za’Darius Smith and Jaire Alexander, are listed as questionable heading into the Packers’ Week 1 game versus the Saints. A loss to the Saints could send this team back a peg or two.

That doesn’t mean Green Bay win the Super Bowl. But at +900, the Pack are the biggest underlay on the board.

Which teams offer overlay odds to win Super Bowl LVI?

The Tennessee Titans have a much better chance of winning Super Bowl 56 than +2400. The Colts may or may not be good enough to challenge the Titans in the AFC South.

We know the Texans and Jags won’t challenge Tennessee. The Titans added a key player on offense and a key player on defense.

Wide receiver Julio Jones heads to a team that averaged over 30 points per last season. The defense, which was awful in 2020, added outside linebacker Bud Dupree.

Dupree and Jones are difference makers. Cornerback Janoris Jenkins could also be a difference maker. The Saints couldn’t afford to hang onto Jenkins. The Titans pounced and signed the former pro bowl corner.

What are the Top 3 Super Bowl picks based on odds?

The Tampa Bay Buccaneers, Buffalo Bills, and Tennessee Titans are the top three picks.

The Bucs play the twenty-ninth most difficult schedule in the league. Tampa could be better on defense and there’s no way Tom Brady allows the Bucs to take a backward step.

Buffalo quarterback Josh Allen is a top MVP contender. The defense will be much improved and the Bills learned a lot in the AFC Championship loss to Kansas City.

Not only did the Titans improve their defense and offense by signing Jenkins, Dupree and Jones, but the team also has a great quarterback and wide receiver duo in Ryan Tannehill and A.J. Brown. Also, Derrick Henry is the best running back in the league, which is why the Titans join the Bucs and Bills in the Top 3.

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