The 2020 NFL season kicks off in a little more than a month and all teams have their eyes on the prize — winning Super Bowl LV. Which teams stand out better than others? Which teams are on the outside looking in? Here we look at the updated 2021 Super Bowl LV betting odds and who the oddsmakers at BetMGM Sportsbook predict to have a successful season.

• Finally, the all inclusive NFL odds pages such as this historical Super Bowl game day odds page contains the Super Bowl spread, Super Bowl over/under line, and Super Bowl money odds together in one grid. NFL Super Bowl Odds Futures. You may be interested in finding out future Las Vegas Super Bowl odds.
• Feb 24, 2021 Understanding NFL Super Bowl odds is important for every budding sports bettor. Sportsbooks use a host of different factors to include in NFL odds. Such as strength of schedule, previous season success, additions on the roster, and past history to show the likelihood to win the big game.
• NFL betting tips for Super Bowl LV odds. Best strategies on bets to make now and bets to make later for Super Bowl 55 spreads and Over/Under totals.
• The Super Bowl in 2020, the game that will crown an NFL champion for the 2019 season, is scheduled to take place Sunday, Feb. 2 at Hard Rock Stadium in Miami Gardens, Fla.

Are you new to the world of sports betting? A futures wager is a bet on an event much further down the road, meaning your money will be tied up (sometimes, for months) until the event concludes. However, if you bet on the right team, a large ROI is in store. For example, the New Orleans Saints at +1200 would return a profit of $1,200 for every $100 you wager should you bet on them to win Super Bowl LV and they, ultimately, go on to do just that.

Nfl Expert Picks Super Bowl

We used Vegas Insider.com to establish our preseason Super Bowl odds, but don't have access to their updated odds and we went with Football Locks.com. Arizona Cardinals (1-2) 1 of 32 Preseason.

The longer you wait to place a futures bet, the shorter the odds will typically become for the teams that live up to expectations. If the Saints go onto have a solid start to the season, the odds could dip closer to even money. Like everything in life, timing is everything…

Updated Super Bowl LV Odds

Odds via BetMGM, last updated Tuesday, August 4 at 3:00 p.m.

Baltimore Ravens +650 (unchanged)

Kansas City Chiefs +650 (unchanged)

San Francisco 49ers +800 (unchanged)

New Orleans Saints +1200 (unchanged)

Tampa Bay Buccaneers +1400 (unchanged)

Dallas Cowboys +1800 (unchanged)

New England Patriots +1800 (unchanged)

Seattle Seahawks +1800 (unchanged)

Looking to place a bet on next year’s Big Game? Place your legal sports wagers online in CO, IN, NJ and WV at BetMGM. Bet now!

Indianapolis Colts +2000 (unchanged)

Philadelphia Eagles +2000 (unchanged)

Minnesota Vikings +2200 (unchanged)

Green Bay Packers +2500 (unchanged)

Pittsburgh Steelers +2500 (unchanged)

Buffalo Bills +3000 (unchanged)

Los Angeles Chargers +3000 (unchanged)

Arizona Cardinals +4000 (unchanged)

Cleveland Browns +4000 (unchanged)

Los Angeles Rams +4000 (unchanged)

Tennessee Titans +4000 (unchanged)

Atlanta Falcons +5000 (unchanged)

Chicago Bears +5000 (unchanged)

Denver Broncos +5000 (unchanged)

Houston Texans +6500 (unchanged)

Detroit Lions +8000 (unchanged)

Las Vegas Raiders +8000 (unchanged)

Preseason Super Bowl Odds

New York Jets +8000 (unchanged)

Carolina Panthers +10000 (unchanged)

Cincinnati Bengals +10000 (unchanged)

Miami Dolphins +10000 (unchanged)

New York Giants +10000 (unchanged)

Jacksonville Jaguars +15000 (unchanged)

Washington Football Team +15000 (unchanged)

Also see:

When is Super Bowl LV?

Super Bowl LV is scheduled for Sunday, Feb. 7, 2021, at Raymond James Stadium in Tampa, Fla. The game will be televised by CBS and called by Jim Nantz and Tony Romo.

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The NFL preseason really gets going this week with all 32 NFL teams in action. There’s a slate of 11 games on Thursday, Aug. 8, two more on Friday, Aug. 9, and three on Saturday, Aug. 10.

You can now bet on these and other NFL preseason games in the 10 states that have launched legal sports betting. These states are:

• Nevada(Launched 1949)
• Delaware (Launched June 5, 2018)
• New Jersey (Launched June 14, 2018)
• Mississippi(Launched Aug. 1, 2018)
• West Virginia (Launched Aug. 30, 2018)
• New Mexico (Launched Oct. 16, 2018)
• Pennsylvania (Launched Nov. 16, 2018)
• Rhode Island(Launched Nov. 26, 2018)
• Arkansas (Launched July 1, 2019)
• New York (Launched July 17, 2019)

This is not the NFL regular season sports betting

However, the NFL preseason is not exactly the same thing as the NFL regular season. Winning matters very little to most teams throughout the four-week preseason. In fact, most treat preseason games like practice scrimmages.

If they play at all, a team’s regular starters get some early first quarter reps focused on execution over outcome. They simply don’t want to risk injury in a meaningless game and won’t play much past the first quarter.

You may be the type that watches hundreds of hours of college football film. Perhaps you’ve done enough research to make an informed decision as to which players on a team’s practice squad-roster bubble are better than anothers. If not, it can be near impossible to pick winners in the NFL preseason.

If you’re going bet on preseason games it’s a good idea to start out looking for:

• Coaches who may be trying to win in the preseason
• Free-agent or recently traded players who might play more in an effort to get acclimated with a new team
• Holdouts and injured players whose absence may affect a team’s chances of winning
• Sportsbooks posting standard three-point spreads with little basis for doing so; and
• A better price on a bet that can be found by shopping around

Find any of these and you may also find yourself on the way to a winning NFL season before the regular season starts.

Watch NFL preseason games

In the meantime, it’s a good idea to watch as many preseason games as you can.

It’s not only good research for making weekly NFL picks, but it can also give you some idea which teams are really capable of making a Super Bowl run this season.

In fact, the NFL futures markets are already open at legal sportsbooks across the country allowing you to bet on this.

The meaningless nature of NFL preseason games makes it unlikely the current futures odds will change ahead of the start of the regular season, no matter what happens.

That makes the four-week preseason the perfect time to evaluate the top teamsand lock in a bet on any you think are capable of winning it all.

The fact is, by the time these teams prove to be legitimate contenders in the regular season, the odds will be adjusted to reflect that. That means the NFL preseason is the best time to wade into the NFL futures market. The prices will never be better.

NFL preseason futures odds

There are currently only 10 legitimate contenders that the top sportsbooks in the country are offering odds of +2000 or lower on.

Here’s a look at the current odds on these 10 preseason favorites to win the Super Bowl at NJ sports betting apps including DraftKings SportsBook and BetStars NJ. Plus, PA sports betting apps including FanDuel Sportsbook and Parx Sportsbook.