Super Bowl 2024: Tracking the biggest bets at sportsbooks
The 2023 NFL preseason is finally underway, but bettors have been looking much further into the future and wagering on the winner of Super Bowl LVIII for months now. In fact, odds for every team to win next year’s Super Bowl actually came out this past January, before Super Bowl LVII between the Philadelphia Eagles and Kansas City Chiefs was played.
The Chiefs are the consensus favorites (+600 at DraftKings Sportsbook), followed by the Eagles (+650) and Bills (+900).
I’ve been talking to sportsbook directors this offseason to find out some of the notable Super Bowl LVIII future wagers that have been placed already. Surprisingly, the Las Vegas Raiders own the bet with the single largest liability.
In Las Vegas, the public still bets with its heart — and that means supporting the Raiders.
“The Raiders have moved from 40-1 to 25-1, which is no surprise,” Chris Andrews, South Point sportsbook director told me. “A lot of local public play, the Raiders are a big liability for us.”
The story was the same at Station Casinos, as the Raiders had the most number of bets to win the Super Bowl.
“For us, the three typical teams — Jets, Eagles and Giants — have been getting Super Bowl action,” Thomas Gable, sportsbook director at The Borgata in New Jersey, told me. “The Jets have been the most popular play, even outpacing the Eagles. They have the most bets and tickets to win the Super Bowl.”
The Jets were the biggest liability to win the Super Bowl at Caesars Sportsbook as well.
Gable also noted that America’s Team was drawing plenty of attention this season.
“The other surprising team we’ve been getting a lot of bets on is the Dallas Cowboys, now at 16-1. They have the second-most dollars wagered to win the Super Bowl and they’re up there in liability with the Jets.”
We’ll keep this page updated throughout the season, so be sure to check back often.
Biggest Super Bowl LVIII bets by liability
1. $20,000 on Las Vegas Raiders at 40-1 odds at Caesars Sportsbook
Total payout: $800,000
2. $4,000 on Indianapolis Colts at 125-1 odds at Caesars
Total payout: $500,000
3. $17,000 on Baltimore Ravens at 22-1 odds at Caesars
Total payout: $374,000
4. $6,000 on Seattle Seahawks at 50-1 odds at Caesars
Total payout: $300,000
5. $3,000 on Chicago Bears at 100-1 odds at Caesars
Total payout: $300,000
6. $8,000 on Baltimore Ravens at 35-1 odds at Caesars
Total payout: $285,000
7. $5,000 on Bears at 50-1 odds at Caesars
Total payout: $250,000
8. $6,250 on Seahawks at 40-1 odds at BetMGM
Total payout: $250,000
9. $6,100 on Minnesota Vikings at 40-1 odds at FanDuel Sportsbook
Total payout: $244,000
10. $5,000 on Vikings at 40-1 odds at FanDuel
Total payout: $200,000
