Opening SBLVIII Odds Present Value for Cincinnati Bengals

  • The SBLVII Champion Kansas City Chiefs are the favorites to win Super Bowl 58 at +600 odds.
  • The Buffalo Bills have the second shortest odds with +750 to win the Super Bowl in 2024.
  • The Philadelphia Eagles and Cincinnati Bengals share +900 odds.

PARADISE, Nev. – Heading into the 2023 NFL offseason, bettors will look to get the best odds for the Super Bowl 58 champion. The Kansas City Chiefs open as the Super Bowl LVIII favorites with +600 odds to defend their title.

Super Bowl 58 (LVIII) Odds

The Kansas City Chiefs defeated the Philadelphia Eagles by a score of 38-35 in Super Bowl 57. The Chiefs head into the offseason as favorites to repeat their title for the 2024 season.

Super Bowl 2024 Odds (LVIII)

  • Kansas City Chiefs +600
  • Buffalo Bills +750
  • San Francisco 49ers +800
  • Cincinnati Bengals +900
  • Philadelphia Eagles +900
  • Dallas Cowboys +1500
  • Baltimore Ravens +1800
  • Los Angeles Chargers +2000
  • Detroit Lions +2500
  • Green Bay Packers +2500
  • Jacksonville Jaguars +2500
  • New York Jets +2500

The reigning Super Bowl Champions are followed by the Buffalo Bills, San Francisco 49ers, Cincinnati Bengals, and Philadelphia Eagles with the next best odds to win the Super Bowl in 2024.

The Buffalo Bills (+750) are the only team in the top five who didn’t play in a Conference Championship game, yet they still post the second shortest odds.

Super star Josh Allen is surely responsible for the high expectations, but the team will need to re-sign key defensive free agents in Jordan Poyer and Tremaine Edmunds to cash their +750 odds on online sportsbooks.

The San Francisco 49ers (+800) have decisions to make with their quarterback and defensive free agents.

The defense was the heart and soul of the 49ers team in 2022, but now they are forced to make a decision with unrestricted-free agents such as Jimmie Ward, Samson Ebukam, Emmanuel Moseley, and Azeez Al-Shaair.

The Philadelphia Eagles went all-in for Super Bowl 57, adding Ndamukong Suh and Linval Joseph to their already impressive defensive line.

In addition to those two players, the Eagles also must figure out how to pay 10 defensive starters who all enter the 2023 NFL offseason as unrestricted-free agents.

Their +900 odds look far less favorable than the Cincinnati Bengals same odds, who have less decisions to make and plenty of cap space to work with.

The Cincinnati Bengals have the fifth-most cap space in the NFL with just over $34 million dollars.

Jessie Bates, Vonn Bell, and Hayden Hurst are the Bengals top three unrestricted free agents, which means they keep their top offensive weapons and lineman under contract for a 2024 Super bowl run.

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A Valuable Longshot

There are four teams that present +2500 odds: The Detroit Lions, Green Bay Packers, Jacksonville Jaguars, and New York Jets.

Out of these four teams, the New York Jets have the best value because of their impressive defense and talented young core.

The Jets are in desperate need of a quarterback. If they’re able to acquire Aaron Rodgers from the Green Bay Packers as many have speculated, their odds will change drastically.

In 2022, the New York Jets defense ranked second in the NFL for points, yards, and touchdowns allowed per game.

Their offense ranked 29, 25, and 28 in the NFL for those same categories.

If the Jets make a splash in the draft or trade market for a quarterback, expect their odds on NFL sportsbooks for a Super bowl 58 victory to rapidly shorten.

For teams under +1000 odds, the Cincinnati Bengals present great value at +900 to win Super Bowl 58.

Assuming their offensive line can stay healthy in 2023, the Bengals will retain their top offensive pieces and represent the reigning Super Bowl Champions’ toughest test from the AFC.

The New York Jets are a valuable longshot at +2500 odds because their current odds could be cut in half with a quarterback upgrade. Their volatile odds present the best value at this current stage in the NFL offseason.

Cincinnati Bengals to Win Super Bowl LVIII +900