It only took one week for the favorite on the Super Bowl 51 odds to change. Heading into Week 1 the Green Bay Packers were the favorites to claim Super Bowl 51. After they failed to cover the spread against the Jacksonville Jaguars in their opener the oddsmakers knocked them down to second place at +650.
The new Super Bowl 51 favorites are the New England Patriots at +600. New England was the favorite for most of the preseason and reclaimed the title after an upset win over the Arizona Cardinals in Week 1. What made that win more impressive was that they did it without Tom Brady and Rob Gronkowski.
While the Patriots moved up the list the team they upset in Week 1, Arizona, fell down a few notches. Arizona began the season as a Super Bowl contender at +1100 odds. Following their Week 1 upset loss they dropped to +1400.With a matchup against the improving Tampa Bay Buccaneers in Week 2 the Cardinals need a win to stop the slide down the odds list.
Rounding out the Top 3 on the Super Bowl futures is another riser, the Pittsburgh Steelers at +750. The Steelers began the season at +1100 but made the leap to No. 3 after an impressive 38-16 win over the Washington Redskins last week. And, that was without suspended running back Le’Veon Bell.
The Seattle Seahawks also saw a slight rise on the odds this week despite nearly being upset by the Miami Dolphins in Week 1. Seattle was a 10.5-point favorite last week and barely escaped with a 12-10 victory. They still rose from +900 to +850 on the Super Bowl futures.
After the Carolina Panthers and Denver Broncos Super Bowl 50 rematch the Panthers are down slightly on the odds list, while the Broncos are climbing.
Carolina was favored against Denver last week but went on to lose 21-20. That resulted in a modest drop from +1200 to +1100 on the Super Bowl futures. The Panthers look like they have a very winnable matchup against the San Francisco 49ers this week as a 13-point favorite so they could rebound quite quickly with a big win.
The Broncos began the season at +1800 on the Super Bowl futures. With questions surrounding quarterback Trevor Siemian those odds were warranted. Siemian was average in the opener with a touchdown pass and two interceptions, but running back C.J. Anderson and the Denver defense picked up the slack.
Denver now sits at +1400, but these are long-term odds and whether they have a legitimate shot at a Super Bowl repeat will likely depend on the growth of Siemian at quarterback.