Wagering on who will win the Lombardi Trophy months in advance can have its benefits. The Tampa Bay Buccaneers, for instance, had Super Bowl odds of +1200 at most sportsbooks last off-season. A $20 bet at that number last summer would have netted you $240.

The challenge, of course, when betting on the Super Bowl is in selecting the right team. Here we will look at the 2022 Super Bowl odds for all 32 teams, breakdown their chances, and look at NFL futures betting strategy.

SUPER BOWL ODDS 2022
Here is a live look at Super Bowl odds from the top US sportsbooks. The Kansas City Chiefs check in as the favorites with +500 odds at most books while the reigning champion Buccaneers are around +600. The Buffalo Bills at +1000, the Green Bay Packers at +1300 and the Baltimore Ravens at +1400 are also near the top of boards.

FUTURES REPORT (AUG. 24)
The Super Bowl odds for 2022 listed below are the best available prices from the top US sportsbooks.

Kansas City Chiefs (+500): Offensive line play cost the Chiefs a second consecutive Super Bowl, but with new additions Joe Thuney, Kyle Long, and Orlando Brown joining (2020 opt-out) Laurent Duvernay-Tardif in the trenches, Patrick Mahomes will have ample protection this season.

Tampa Bay Buccaneers (+700): Instead of pursuing any free agents, the defending champs re-signed key players and will return all 22 starters, including a certain ageless QB who claims to feel better than ever after gutting through a torn MCL to win his seventh Super Bowl ring.

Buffalo Bills (+1200): Josh Allen might not have the same weaponry as Mahomes, but veteran receivers Stefon Diggs, Cole Beasley, and Emmanuel Sanders will give him reliable options down the field to complement his dynamic rushing ability. Allen is getting +850 odds (behind Mahomes, Brady and Dak Prescott) to lead the NFL in passing yards this season.

Green Bay Packers (+1400): Aaron Rodgers is back with the Packers for seemingly one last run at glory. With the reigning MVP back in the fold, Green Bay vaults back near the top of most Super Bowl odds boards.

Baltimore Ravens (+1400): While Lamar Jackson has struggled as a passer and bowed out of the playoffs in back-to-back years, the Ravens remain a rising contender, as evidenced by Justin Houston turning down more money to chase a ring in Baltimore.

Los Angeles Rams (+1500): Replacing Jared Goff with Matthew Stafford could vault the Rams over the top despite losing stud RB Cam Akers (Achilles) for the year. Aaron Donald and Jalen Ramsey are arguably the two best defensive players in football and are playing on the same unit.

San Francisco 49ers (+1400): The Niners should also contend with nearly a dozen key players looking to bounce back from injury-plagued campaigns. Trey Lance could add a dual-threat dynamic to the QB position if he eventually overtakes Jimmy Garoppolo.

The Contenders
Cleveland Browns (+1600): After flashing some postseason prowess with a win in Pittsburgh and a close loss in Kansas City, the Browns added a ton of defensive talent this offseason, and can now welcome back Odell Beckham Jr. (ACL).

Seattle Seahawks (+2500): Retaining Russell Wilson after he was mired in trade rumors helped the Seahawks move up from +2800 odds in the Super Bowl futures market. They’ve locked up Pro Bowl safety Jamal Adams on a multi-year deal and are a dangerous team in the loaded NFC West.

Tennessee Titans (+3000): The Titans made one of the blockbuster moves of the offseason, landing superstar WR Julio Jones in a trade with Atlanta. Tennessee’s Super Bowl odds went from +4000 to +2500 at DraftKings upon the news of the deal, but have since regressed.

New Orleans Saints (+4000): In addition to losing their franchise QB to retirement, the Saints had to let go of Trey Hendrickson among other key defenders, and will hope rookie DE Payton Turner can help fill that void. Michael Thomas will be out multiple weeks after undergoing ankle surgery, and has reportedly been at odds with Sean Payton regarding the timing of the procedure.

New England Patriots (+3700): Bill Belichick and the Krafts underwent a record-setting spending spree by dropping nearly $250 million this offseason. The Patriots saw their odds rise to +2800 after all those signings, and the fan base has high hopes for this year with Mac Jones representing a potential long-term replacement under center.

Dallas Cowboys (+3500): Dak Prescott returns on a four-year mega deal that accounts for $57.7M, but he’s been significantly limited by a shoulder injury throughout the preseason, causing the Cowboys odds to drop from +3000 to +3500. Dallas should be better defensively with six draftees on board, including Penn State LB Micah Parsons and Kentucky CB Kelvin Joseph.

Indianapolis Colts (+3500): Carson Wentz is trying to beat the timetable initially given to him after his foot injury to play in Week 1, and All-Pro guard Quenton Nelson (back) is looking to follow suit.

The Underdogs
Los Angeles Chargers (+3300): Derwin James is the best young safety in the game and the Chargers drafted a couple of potential stars in OT Rashawn Slater and CB Asante Samuel Jr. But their championship window isn’t likely to open for a couple more years when Justin Herbert is more experienced.

Miami Dolphins (+4000): Tua Tagovailoa might have a little more to work with at WR than he did last year, but his top target – Will Fuller – has been notably injury prone and Miami’s weak offensive line might struggle to establish a consistent running game.

Pittsburgh Steelers (+5000): For the first time since 2008, the Steelers spent a first round pick on a RB, hoping that Najee Harris can help fix their anemic rushing attack. Ben Roethlisberger has looked sharp this preseason and established a quick connection with rookie TE Pat Freiermuth.

Arizona Cardinals (+4800): A.J. Green and J.J. Watt will provide valuable veteran leadership on a talented young team that flashed signs of becoming elite when Kyler Murray was fully healthy during the first half of last season.

Washington Football Team (+5000): Washington bolstered the back end of Ron Rivera’s defense by adding LB David Mayo and DB William Jackson this offseason, while Montez Sweat and Chase Young form one of the fiercest pass rushing duos in the league. Ryan Fitzpatrick – who has played in 165 NFL games without making the playoffs – will have one last shot to show he can lead a team to that level.

Minnesota Vikings (+5000): The Vikings struck gold by drafting WR Justin Jefferson last year and their extremely young secondary got a ton of experience during a lost season. Now Patrick Peterson is on board to try and shore up that unit and keep Minnesota in games.

The Longshots
Denver Broncos (+5000): Von Miller (Achilles) and Bradley Chubb will terrorize QBs all season and it’s going to be tough getting open against a Denver secondary that now includes stud rookie CB Patrick Surtain and CB Kyle Fuller. Teddy Bridgewater was named the Broncos’ Week 1 starter over Drew Lock in late August.

Chicago Bears (+6600): Andy Dalton will reportedly start in Week 1 despite getting vastly outplayed by Justin Fields this preseason. The Bears could come on strong once Fields gets his shot.

Atlanta Falcons (+8000): The Falcons snagged an explosive playmaker in TE Kyle Pitts and will hope that Calvin Ridley can maintain his torrid pace without Julio Jones there to command respect on the opposite side of the field.

New York Giants (+8000): Joe Judge has coached the Giants defense to new heights and their offense is loaded with talent, including free agent signee Kenny Golladay. But team chemistry has reportedly been an issue during training camp.

Carolina Panthers (+9000): The Panthers were competitive without Christian McCaffrey for most of last season and will hope that the MVP candidate is healthy enough to make life easy for new QB Sam Darnold.

Las Vegas Raiders (+10000): There were flashes from the Raiders last season, including a win and close loss to the Chiefs, but they showed little discipline under Jon Gruden.

Philadelphia Eagles (+12500): Jalen Hurts galvanized the Eagles during the latter half of the 2020-21 season, but tanking in their final game has hurt this franchise beyond the initial fallout that led to Doug Pederson getting fired.

Jacksonville Jaguars (+13000): With Urban Meyer at the helm and Trevor Lawrence under center, the Jags are trending up, but they still have a long way to go.

New York Jets (+15000): It’s a new era for Gang Green and there have been some growing pains for No. 2 overall pick Zach Wilson as he’s thrown into the fire behind a below average offensive line.

Cincinnati Bengals (+15000): Joe Burrow is back from a brutal knee injury and has his old college teammate Ja’Marr Chase as another option. Cincinnati’s defense should improve markedly with Trey Hendrickson and Chidobe Awuzie added to the fold.

Detroit Lions (+25000): Moving from LA to Detroit and from head coach Sean McVay to head coach Dan Campbell is going to seriously test Jared Goff. The Lions unsurprisingly have the longest Super Bowl odds in the NFC.

Houston Texans (+30000): Deshaun Watson is mired in legal trouble and unlikely to play this season, which leaves Houston without much leadership or firepower.

SUPER BOWL ODDS 2022: OPENING ODDS VS. CURRENT
Super Bowl odds shown below are from DraftKings Sportsbook. The usual suspects are littered all over the top of the odds boards when it comes to Super Bowl futures for next year.

Kansas City (+500), the Buccaneers (+600) and Bills (+1000) – three of this past season’s four NFL finalists – have the lowest odds to win it all in 2022 at DraftKings Sportsbook.

DraftKings Sportsbook posted its initial 2022 Super Bowl futures just prior to the 2020-21 AFC and NFC Championship games. The odds for all of the teams have all changed somewhat over the past six months.

Chiefs were +600 for 2022, now +500
Buccaneers were +1300, now +600
Packers were +800, now +1300
Bills were +1100 and are at +1000