Denver at 21.00 (20/1) is one of the more interesting prices in the early 2027 Super Bowl market.
The Broncos went 14-3 last season and enter 2026 ranked second in NFL.com’s preseason Power Rankings, yet their outright price implies only a 4.8% chance of winning Super Bowl LXI. That gap between how highly the team is rated and how much the market is asking you to pay deserves a closer look.
We’ve picked out three teams at different points in the market: the strongest case among the favorites, a contender at a much bigger price, and a dark horse whose biggest weakness from last season has been heavily targeted.
Super Bowl LXI takes place at SoFi Stadium in Inglewood, California, on February 14, 2027.
Live 2027 Super Bowl Odds
Super Bowl Odds
| Selection | Best Odds | Bookmaker | Market Median |
|---|---|---|---|
| Los Angeles Rams | 6.50 | DraftKings | 6.007 books |
| Buffalo Bills | 11.00 | FanDuel | 11.007 books |
| Seattle Seahawks | 13.00 | Bovada | 12.007 books |
| Baltimore Ravens | 14.00 | Bovada | 12.007 books |
| Kansas City Chiefs | 19.00 | FanDuel | 17.007 books |
| Los Angeles Chargers | 19.00 | BetOnline.ag | 18.007 books |
| San Francisco 49ers | 20.00 | FanDuel | 19.007 books |
| Denver Broncos | 21.00 | FanDuel | 21.007 books |
| Detroit Lions | 21.00 | BetOnline.ag | 20.007 books |
| Green Bay Packers | 21.00 | FanDuel | 21.007 books |
| Houston Texans | 21.00 | BetOnline.ag | 19.007 books |
| New England Patriots | 21.00 | BetOnline.ag | 21.007 books |
| Philadelphia Eagles | 21.00 | Bovada | 19.007 books |
| Cincinnati Bengals | 23.00 | Bovada | 21.007 books |
| Dallas Cowboys | 26.00 | BetOnline.ag | 26.007 books |
| Chicago Bears | 28.00 | FanDuel | 26.007 books |
Best prices are taken from Betfinder's cached sportsbook scan for the US bookmaker region. Odds can move quickly and availability varies by country, so verify the live price before betting.
The table above uses Betfinder’s cached US sportsbook scan to find the best available price and compare it with the wider market. Prices move quickly, so the odds used for our three selections below were checked on August 16, 2026.
You can also see the wider market anomalies picked up by the Betfinder Odds Scanner.
Our Early 2027 Super Bowl Picks
| Pick | Team | Best Odds | Sportsbook | Implied Chance |
|---|---|---|---|---|
| Best Favorite | Rams | 6.50 | DraftKings | 15.4% |
| One to Consider | Broncos | 21.00 | FanDuel | 4.8% |
| Dark Horse | Cowboys | 26.00 | BetOnline.ag | 3.8% |
Prices checked August 16, 2026.
These are early outright selections rather than predictions that all three teams will reach the Super Bowl. The price is the point. A team can have a better chance of winning than Dallas and still be a worse bet at much shorter odds.
Best Favorite: Los Angeles Rams at 6.50
The Rams are short for a reason. If you want one of the market leaders, 6.50 is the price we’d rather take.
Los Angeles reached last season’s NFC Championship Game before making an already strong roster considerably more imposing. The biggest move was the trade for reigning Defensive Player of the Year Myles Garrett, who recorded an NFL-record 23 sacks in 2025. The Rams also added Trent McDuffie and Jaylen Watson to the secondary.
Then there is Matthew Stafford. He enters his age-38 season as the reigning NFL MVP, with Sean McVay still running an offense built around Stafford, Puka Nacua, Davante Adams, and Kyren Williams. NFL.com’s August 11 preseason rankings have the Rams at No. 1.
The Betfinder price comparison helps too. DraftKings was showing 6.50 in our August 16 scan against a 6.00 market median across seven sportsbooks.
That difference is not enough on its own to make the Rams a bet. There is simply no reason to take 6.00 if 6.50 is available for exactly the same outcome.
The Catch With the Rams
At 6.50, there isn’t much room for things to go wrong.
Stafford’s age is the obvious concern. Los Angeles has built a roster designed to win now, but an injury at quarterback changes the entire bet. Even a healthy Rams team still has to survive an NFC that includes the reigning champion Seattle Seahawks.
The NFC West doesn’t offer an easy route either, with San Francisco also among the shorter-priced contenders.
We’re happy to call Los Angeles the best of the favorites at the prices we checked. We’re less interested if that 6.50 disappears and the market pushes them much shorter.
One to Consider: Denver Broncos at 21.00
Denver is the price that caught our attention.
The Broncos finished 14-3 in 2025 and fell one game short of reaching the Super Bowl. Most of the core returns, Bo Nix is back after the ankle injury that ended his postseason, and Denver added Jaylen Waddle to give the passing game another major weapon alongside Courtland Sutton.
NFL.com’s August 11 preseason rankings put Denver second in the league, behind only the Rams. Buffalo sits fifth and Baltimore sixth in the same ranking.
In our August 16 odds scan, the outright market looked very different:
- Buffalo: 12.00
- Baltimore: 14.00
- Denver: 21.00
That doesn’t prove the Broncos should be shorter. Power Rankings aren’t probability models, and the betting market has plenty of reasons to disagree.
The difference is still large enough to investigate.
At 21.00, Denver’s implied probability is just 4.8%. Buffalo at 12.00 implies 8.3%. Put another way, the prices were effectively treating Buffalo as around 75% more likely than Denver to win the Super Bowl before the season had started.
We’re not convinced that gap should be that wide.
Why Denver Isn’t an Easy Bet
Denver won 11 one-score games in 2025, which is the biggest reason to be cautious. Repeating that sort of record is difficult, and NFL.com has already flagged regression as a concern.
The early schedule isn’t friendly either. Denver faces the Jaguars, Rams, 49ers, Chargers, Seahawks, and both games against Kansas City before its Week 10 bye.
There’s also a change on offense. Sean Payton has handed play-calling duties to offensive coordinator Davis Webb for 2026. It might work perfectly well, but it introduces another unknown for an offense that needs to take another step.
Those concerns explain why Denver isn’t alongside the Rams at the top of the board. The question is whether they justify 21.00.
Unlike the Rams price, Denver wasn’t simply one sportsbook getting out of line. The Betfinder scan showed 21.00 as both the best price and roughly the market median. Our interest is therefore in the market’s overall assessment of Denver rather than a temporary bookmaker mistake.
At 20/1, we’ll take the chance.
Dark Horse: Dallas Cowboys at 26.00
Dallas requires more imagination, which is exactly what we want from the dark-horse selection.
The Cowboys went only 7-9-1 last season, but the offense wasn’t the problem. Dallas had the NFL’s second-ranked offense, Dak Prescott was ranked third among quarterbacks by NFL.com, and both CeeDee Lamb and George Pickens cleared 1,000 receiving yards.
The defense was another story, and Dallas has spent much of 2026 trying to fix it. Rashan Gary and Dee Winters arrived in trades, Jalen Thompson and Cobie Durant were added, and the Cowboys used their first three draft selections on defensive players. First-round defensive back Caleb Downs is the headline addition, while Christian Parker has arrived from Philadelphia to run the defense.
NFL.com gave the Cowboys’ offseason an A- grade, largely because of the scale of that defensive rebuild while the core of the offense remained intact.
The theory behind the bet is simple: Dallas doesn’t need to turn last season’s weakness into the best defense in football. If the new unit can become competent while Prescott, Lamb, Pickens, and the rest of the offense maintain something close to their 2025 level, the Cowboys become much harder to dismiss.
At 26.00, the implied Super Bowl probability is only 3.8%.
What Could Sink the Dallas Bet?
The defensive improvement exists on paper. We haven’t seen it work across an NFL season yet.
New players, draft picks, and a new coordinator don’t automatically fix a bad unit. Dallas could improve defensively and still fall short in a competitive NFC East.
That makes this a much more speculative selection than Denver, which is why the 26.00 matters. If Dallas starts well and the new defense looks convincing, that number could disappear quickly. If the defense still can’t stop good teams, we’ll know why the price was available.
Why Denver Is Our Favorite Price of the Three
The Rams have the strongest Super Bowl case, while Dallas offers the biggest price. Denver sits between them.
This is a 14-win team with most of its core intact, an upgraded receiving group, a healthy returning quarterback, and one of the better defenses in football. NFL.com ranks the Broncos second entering the season, yet our August 16 odds scan had them back at 21.00 alongside a large group of longer-priced contenders.
Those two assessments don’t have to agree. For us, the size of the disagreement is what makes Denver worth taking seriously.
The 2026 season will quickly tell us whether last year’s close-game record was sustainable or flattering. Until then, Denver at 20/1 is the Super Bowl price on the board that stands out most.
2027 Super Bowl picks, prices checked August 16, 2026: Los Angeles Rams at 6.50, Denver Broncos at 21.00, and Dallas Cowboys at 26.00. Odds can move, and sportsbook availability varies by location, so check the live table and verify the price before betting.
