The dust has long since settled in New Orleans. If you were looking for a three-peat, you didn't get it. Honestly, the 2024-2025 NFL season felt like a fever dream that ended with a massive green and silver celebration at the Caesars Superdome.
People keep asking: who is favored to win the Super Bowl in 2025?
Technically, that game is over. The Philadelphia Eagles are your Super Bowl LIX champions. They didn't just win; they absolutely dismantled the Kansas City Chiefs with a 40-22 scoreline that effectively ended the "dynasty" talk for at least a few months. It's wild because, for most of the lead-up to that February 9, 2025, kickoff, the betting markets couldn't decide who they actually liked.
The Odds That Had Everyone Sweating
The Chiefs opened as 1.5-point favorites. Most people figured Patrick Mahomes would just do Mahomes things and secure that historic third consecutive ring. But the money shifted. By the time the national anthem finished, the Eagles had actually flipped to the slight favorites in some books, though the closing line generally stayed around Chiefs -1.5.
If you bet on the Birds as an underdog, you had a very good night.
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Saquon Barkley proved to be the missing piece. He was a monster in that game. While the Chiefs had been the "safe" pick all year—holding the top spot in the odds from July until their Week 11 loss to Buffalo—Philly surged when it mattered.
What Most People Get Wrong About Super Bowl LIX
Everyone assumes the favorites usually win. They don't. Historically, the underdog has been a gold mine in the Super Bowl lately. Before the Eagles' big win in 2025, underdogs were 4-0 against the spread in the previous four big games.
The Eagles entered the postseason with odds around +650. Compare that to the Chiefs at +240 or the Bills at +260. Philly was the "forgotten" elite team because of how they finished the prior year, but Nick Sirianni’s squad figured it out.
Here is the reality of the 2025 landscape:
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- The Chiefs were the preseason favorites (+500 to +600 range).
- The San Francisco 49ers started strong (+600) but fell apart due to injuries to Kittle and others.
- The Detroit Lions actually took over as the favorites in mid-November after KC lost to the Bills.
- The Philadelphia Eagles only really became the "team to beat" in the eyes of the public after they beat the Rams to get to the NFC Championship.
Who is favored to win the Super Bowl right now?
Since we are currently in January 2026, the conversation has shifted to Super Bowl LX (60). If you’re looking for who is currently favored to win the next big game in Santa Clara, the landscape has changed completely.
The Seattle Seahawks are the current favorites.
Yeah, you read that right. Under Mike Macdonald, the Seahawks have become a defensive juggernaut. As of January 18, 2026, they are sitting at roughly +300 to win the whole thing. They just finished deconstructing the 49ers in the Divisional Round with a 41-6 win. It wasn't even a contest.
The Current 2026 Favorites (Super Bowl LX)
- Seattle Seahawks (+300): Their defense is being compared to the Legion of Boom. Sam Darnold—in one of the craziest career turnarounds ever—has been efficient enough to let Jaxon Smith-Njigba and the defense carry the load.
- Los Angeles Rams (+320): Matthew Stafford is playing like an MVP candidate again. They’re right on Seattle's heels.
- New England Patriots (+450): Drake Maye is the real deal. Mike Vrabel has this team playing inspired football, and the odds reflect that.
- Buffalo Bills (+650): Josh Allen is still Josh Allen. Even with a "flawed" roster, he’s the only QB people trust to carry a team single-handedly through the AFC.
- Houston Texans (+750): C.J. Stroud and DeMeco Ryans have won 10 straight games heading into the deep playoffs.
The Bo Nix Heartbreak
The Denver Broncos were a massive "One to Watch" until literally a few hours ago. Bo Nix led them to an overtime win against Buffalo, but he broke his ankle. Their odds immediately plummeted from +700 to +950. With Jarrett Stidham taking the reigns, the "favored" status they earned in the AFC is shaky at best.
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How to use this for your next bet
If you’re looking at the betting board today, don't just chase the +300 favorite.
The 2025 Eagles taught us that "implied probability" is just a fancy way of saying "what the public thinks." The Eagles had an implied probability of about 45% going into Super Bowl LIX. They played like they had a 90% chance.
Actionable Insights for the 2026 Playoffs:
- Watch the Injury Reports: The Broncos' slide shows how fast a favorite can vanish.
- Home Field Matters: Seattle is the #1 seed for a reason. The "12s" are a nightmare for visiting teams in January.
- Fade the Public Narrative: Everyone is talking about the Seahawks, but the Texans have the best defense in terms of points allowed over the last two months.
The road to Santa Clara is wide open. While the Eagles own the 2025 title, the Seahawks are the ones currently holding the "favorite" crown for 2026. Keep an eye on the Rams, though—Stafford has been in this position before and he doesn't blink.
To stay ahead of the moving lines, you should check the live injury updates for the AFC Championship game before locking in any wagers on the Texans or Patriots.