Super Bowl 2014 Betting Odds: Updated to Reflect Free Agency Moves

We are a few days into the NFL Free Agency period and teams have either been making moves to improve their team for next season or they are sitting idle and watching the teams around them get better. Currently, the Denver Broncos and San Francisco 49ers are the favorites to win Super Bowl XLVIII at 7 to 1 odds, while the Jacksonville Jaguars are bringing up the rear with 150 to 1 odds.

How did we get to the current odds?

“A week ago the Super Bowl champs were sitting comfortably at 14-1 to repeat which was in the top 5, now find themselves  at 20-1 and may even drift some more if they keep dumping players without acquiring any significant replacements for them,” explained Bovada.lv’s Sports Book Manager Kevin Bradley.

“The Miami Dolphins, who can possibly compete in the AFC East, have been my biggest move dropping from 60-1 to 35-1 and in turn the Jets have jumped up to 60-1. The Seahawks getting Harvin has moved them slightly from 12-1 to 10-1, but am still holding the 49ers as co-Super Bowl favorites alongside the Broncos at 7-1.”

It is hard to argue Bradley’s explanation. The Baltimore Ravens have done nothing to improve their team, while they have watched key contributors bolt out the door. As for the Super Bowl challengers, they are continuing to get better.

How do all 32 NFL teams stack up in the eyes of Las Vegas?

Here are the current odds to win the 2014 Super Bowl XLVIII:

1. Denver Broncos                        7/1
2. San Francisco 49ers                  7/1
3. New England Patriots                15/2
4. Seattle Seahawks                      10/1
5. Atlanta Falcons                         12/1
6. Green Bay Packers                    12/1
7. Houston Texans                        16/1
8. New Orleans Saints                   16/1
9. Baltimore Ravens                      20/1
10. New York Giants                       20/1
11. Pittsburgh Steelers                    20/1
12. Chicago Bears                          25/1
13. Dallas Cowboys                        25/1
14. Washington Redskins                25/1
15. Philadelphia Eagles                   30/1
16. Cincinnati Bengals                     35/1
17. Detroit Lions                             35/1
18. Indianapolis Colts                      35/1
19. Miami Dolphins                         35/1
20. San Diego Chargers                  40/1
21. Kansas City Chiefs                    45/1
22. Carolina Panthers                      50/1
23. Minnesota Vikings                     50/1
24. New York Jets                           60/1
25. St. Louis Rams                         60/1
26. Tampa Bay Buccaneers             60/1
27. Cleveland Browns                      75/1
28. Arizona Cardinals                      100/1
29. Buffalo Bills                              100/1
30. Oakland Raiders                        100/1
31. Tennessee Titans                       100/1
32. Jacksonville Jaguars                 150/1

Which team do you think should be viewed as the favorite to win the 2014 Super Bowl? Let us know your thoughts by sounding off in the comments section.