Super Bowl LIV is in the books, and the Kansas City Chiefs are NFL champions for the first time in 50 years. Although the 2019 season just ended, it’s not too early to look at 2020 as Super Bowl LV futures are out and available for wagering. Westgate SuperBook USA has installed the Chiefs as 5/1 favorites. Kansas City is the justifiable favorite, considering future Pro Football Hall of Fame coach Andy Reid finally broke through and won the big one in his 21st season as an NFL head coach. The Chiefs also have the Super Bowl MVP in QB Patrick Mahomes. Nevertheless, Kansas City will have plenty of capable challengers in its quest to become the first back-to-back Super Bowl winner since the New England Patriots in 2003-04.
The NFC champion San Francisco 49ers and the AFC’s top regular-season team, the Baltimore Ravens, share the second choice at 8/1. At 10/1, the New Orleans Saints follow, while New England and the Dallas Cowboys round out the top choices at 12/1. In the season just ended, the 49ers opened at 30/1 odds and were just a few minutes from cashing tickets as relative long shots. For those looking down the board in that price range, three playoff teams — Tennessee, Houston and Buffalo — are listed at 40/1. The Bills could be especially interesting if Tom Brady, an unrestricted free agent for the first time in his career, elects to leave New England.
Speaking of quarterbacks near the end of their careers, Drew Brees of New Orleans is just a few weeks from deciding whether to retire. Brees, 41, is an unrestricted free agent but has made it clear he doesn’t want to play for any other franchise. It is rumored that the Saints want to pass the torch to Taysom Hill. But they have another unrestricted free-agent quarterback in Teddy Bridgewater, who went 5-0 as the starter last season when Brees missed time with a thumb injury. Either way, but the Saints’ odds would lengthen should Brees retire. “We would adjust upwards to 16/1 if Bridgewater or Hill would assume the starting quarterback role,” said Jeff Sherman, Westgate vice president of risk management.
The quarterback carousel will be responsible for a lot of the market movement. Decisions by Brady and Brees will generate most of the movement, but unrestricted free-agent quarterbacks Dak Prescott, Philip Rivers and Jameis Winston could tilt futures odds as well. Just like the stock market, the betting market and most of its participants hate uncertainty, so look for the favorites to draw the bulk of the action.