Bargains and Busts: 2019 NFL Preseason Super Bowl Odds Did Not Mirror Late-Season Standings

Betting odds for futures can vary so much that a $200 wager on the best sure-shot could pay out as much as a $20 bet on the long shot. When it comes to preseason odds for NFL teams winning the Super Bowl, the New England Patriots have been among the favorites for nearly the last two decades.

Nothing changed in 2019 after the Patriots won their sixth Super Bowl in February. The Patriots were 7-to-1 preseason favorites to win this year's Super Bowl, and it was probably a pretty safe bet as the Patriots this weekend won their 11th-consecutive AFC East title—and 17th in the last 18 years—and they could wrap up the No. 2 seed in the AFC with a win over the Miami Dolphins this Sunday.

The Miami Dolphins, on the other hand, were were listed at 170-to-1 to win the Super Bowl, according to FanDuel Sportsbook back in August. The oddsmakers weren't far off as the Dolphins are just 4-11 and will likely finish among the fifth-worst teams in the league this year.

The current leaders in the AFC and NFC—the Baltimore Ravens and San Francisco 49ers, respectively—were not even among the top 10 teams favored to win.

The Ravens were tied with the Atlanta Falcons and Seattle Seahawks at 15th, each with 32-to-1 odds of winning the Super Bowl. That means a $100 wager on the Ravens would net a preseason bettor $3,200 plus their $100 wager should the Ravens win Super Bowl LIV in Miami on Feb. 2. The Seahawks could overtake the 49ers in the NFC West as they face each other this Sunday.

The 49ers are 18th on the list at 36-to-1 odds.

There are teams already eliminated from playoff contention that had better preseason odds than the Ravens and 49ers, including the Los Angeles Rams (11/1), Los Angeles Chargers (15/1), Cleveland Browns (15/1), Chicago Bears (19/1) and Jacksonville Jaguars (31/1).

The Ravens are the current favorite to win the Super Bowl, followed by the 49ers and New Orleans Saints, New England Patriots, Kansas City Chiefs and Seattle Seahawks.

Here are the FanDuel preseason odds:

*New England Patriots 7/1
*Kansas City Chiefs 8/1
*New Orleans Saints 9/1
Los Angeles Rams 11/1
*Philadelphia Eagles 14/1
Los Angeles Chargers 15/1
Cleveland Browns 15/1
Chicago Bears 19/1
*Green Bay Packers 19/1
*Pittsburgh Steelers 19/1
*Dallas Cowboys 25/1
*Houston Texans 30/1
*Minnesota Vikings 30/1
Jacksonville Jaguars 31/1
Atlanta Falcons 32/1
*Baltimore Ravens 32/1
*Seattle Seahawks 32/1
*San Francisco 49ers 36/1
*Tennessee Titans 40/1
Carolina Panthers 50/1
Indianapolis Colts 60/1
New York Jets 60/1
Tampa Bay Buccaneers 70/1
Denver Broncos 70/1
New York Giants 80/1
*Buffalo Bills 80/1
Detroit Lions 80/1
*Oakland Raiders 100/1
Washington Redskins 100/1
Arizona Cardinals 110/1
Cincinnati Bengals 150/1
Miami Dolphins 170/1

*Teams that have either clinched a playoff spot or have not yet been eliminated after Week 16