Odds to win Super Bowl 58: Chiefs, 49ers share co-lead as favourites
The Kansas City Chiefs are co-favourites to defend their title as Super Bowl champions. Photo by Reed Hoffmann/AP.

We've completed three weeks of the NFL season, and so far there hasn't been much movement atop the Super Bowl odds board.

The pregame narrative: The defending champion Kansas City Chiefs are co-favourites to win Super Bowl LVIII with the San Francisco 49ers. The New Orleans Saints' position in a weak NFC South makes them a nice value play while the Green Bay Packers might have something in Jordan Love.

Check out the latest Super Bowl 58 odds as of September 26.

Super Bowl 58 odds

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TeamOdds (Sept. 26)Odds (Sept. 19)
Kansas City Chiefs+600+650
San Francisco 49ers+600+750
Philadelphia Eagles+700+800
Miami Dolphins+900+1,400
Buffalo Bills+1,000+1,100
Dallas Cowboys+1,100+900
Baltimore Ravens+1,600+1,300
Cincinnati Bengals+1,800+1,800
Detroit Lions+2,200+1,800
Cleveland Browns+2,200+2,500
Los Angeles Chargers+3,300+2,800
Jacksonville Jaguars+3,500+2,500
Pittsburgh Steelers+3,500+3,500
Green Bay Packers+4,000+5,000
New Orleans Saints+4,000+2,800

NFL odds as of 2:30 p.m. on 09/26/2023.

Check out the latest Super Bowl LVIII odds

Super Bowl betting favourite

The co-favourites: Kansas City Chiefs (+600), San Francisco 49ers (+600)

The Chiefs are the reigning Super Bowl champions, but they were reminded quickly that none of that matters this season.

Without Travis Kelce in Week 1, the Chiefs were stunned at home, 21-20, against the Lions. Kelce has scored in both games since returning, though, and K.C.'s offence looks much more like itself.

Looking at the Chiefs' receiving room might inspire skepticism ... but if you're still doubting two-time MVP Patrick Mahomes, that's on you.

As for the 49ers, Brock Purdy is no Mahomes. But he has perhaps the most enviable arsenal of weapons around him — led by rushing leader Christian McCaffrey — and life is looking pretty good in San Fran.

If not for Purdy's elbow injury last year, the 49ers might've had their shot at the Chiefs in the Super Bowl. San Francisco is off to a drama-free, 3-0 start with an offence and defence that both rank inside the top five for yardage and points.

Other choices to win Super Bowl LVIII

TeamOdds (Sept. 26)Odds (Sept. 19)
Seattle Seahawks+4,500+5,000
Atlanta Falcons+5,000+5,000
Tampa Bay Buccaneers+8,000+7,000
Los Angeles Rams+8,000+7,000
New England Patriots+8,000+8,000
Minnesota Vikings+8,000+6,600
Washington Commanders+8,000+7,000
New York Giants+10,000+7,000
Indianapolis Colts+10,000+12,500
Tennessee Titans+10,000+8,000
New York Jets+12,500+7,000
Denver Broncos+15,000+8,000
Las Vegas Raiders+15,000+8,000
Chicago Bears+20,000+10,000
Carolina Panthers+20,000+12,500
Houston Texans+20,000+30,000
Arizona Cardinals+30,000+50,000

NFL odds as of 2:30 p.m. on 09/26/2023.

Best value: New Orleans Saints (+4,000)

We're not catching the Saints in their finest hour, but that's what makes them an enticing value play right now.

New Orleans blew a 17-point, fourth-quarter lead in Week 3 against Green Bay, losing quarterback Derek Carr to a shoulder injury in the process.

On the bright side, Carr's injury isn't as serious as initially believed, according to NFL Network's Ian Rapoport, and he might not even miss any time. Also, the Saints (2-1) are still tied for the lead in the very winnable NFC South.

In fact, at 40-to-1, the Saints still have better title odds than any of their division mates. Alvin Kamara is back in the fold now, and this team still has a viable path to host a playoff game down the road.

Team to watch: Green Bay Packers (+4,000)

It hasn't always looked pretty, but the Jordan Love era is off to a pretty darn good start in Titletown.

Love led the Packers (2-1) to a comeback win over the aforementioned Saints in Week 3, moving Green Bay into a share for the lead in the NFC North. Meanwhile, neither the Bears nor the Vikings have won a game.

Sunday's win over the Saints vaulted Green Bay from +5,000 to their current standing. Up next is a home date against the Lions, and the result of that game is bound to move this line pretty significantly once again.

Super Bowl 58 odds notes

  • Houston and Arizona both pulled off major upsets in Week 3 ... but that didn't move either squad out of the basement on the odds leaderboard. The Texans and Cardinals are still 200-to-1 and 300-to-1, respectively, to win it all.
  • The Bills' odds to win the Super Bowl dropped by 200 points (+900 to +1,100) after Week 1's loss to the Jets, and they still sit at +1,000 despite a pair of convincing victories since then. This could be a nice time to buy on Buffalo ... though we'll know more about this team after its home matchup vs. Miami in Week 4
  • Philadelphia saw its SB LVIII odds cut down from +750 to +700 after a solid road win over the Buccaneers on Monday Night Football. And since that coincided with a Cowboys loss in Week 3, the Eagles are now -177 favourites to win the NFC East.

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