2024 NFL Super Bowl 59 Preseason Betting Odds & Picks

The NFL preseason is underway and kickoff of the 2024 NFL regular season is right around the corner. We took a look at the Super Bowl 59 outright winner odds right after Super Bowl 58, but now it’s time to revisit them and see how the odds have shifted following an offseason chock full of free agency movement and elite rookies developing into impact players. Have the NFL betting odds provided us with any value picks apart from the reigning conference champs?

2024 NFL Super Bowl 59 Outright Winner NFL Betting Odds

All odds provided by Sports Interaction.

Kansas City Chiefs (+550)

Since 2019, the Kansas City Chiefs have been the safest bet for this futures betting market, no matter the betting sites you choose. Patrick Mahomes under center means they’re always a contender, and they’ve been to the Big Game in four of the last five years, winning thrice, including the last two in a row.

However, considering ongoing issues with their receiving corps, as well as a handful of players getting arrested for various reasons, Kelce’s busy non-football schedule, and their newly re-signed kicker’s polarizing comments, it would seem that 2024 could be the perfect storm that finally slows the Chiefs.

At +550, you’re still getting decent value, but with the amount of elite QBs returning to the fold this year, it’s going to be a much thicker field of contenders. If you do like this option you should make your bet sooner rather than later, as these odds have shrunk significantly in the last few months and will only continue to do so. 

San Francisco 49ers (+550)

In the Super Bowl era, only the 1971 Cowboys, the 1974 Vikings, the 1987 Broncos, the 1991-1993 Bills, and the 2018 Patriots have ever lost the Super Bowl one year and returned to the big game the very next. Of those seven teams, only the 1971 Cowboys and the 2018 Patriots won it, however. We say all that to say that history is not on the side of the San Francisco 49ers in 2024.

While they didn’t get any worse, they didn’t get much better either. Meanwhile, the competition in the NFC will be much tougher than it was in 2023. The Eagles are bound to bounce back with the talent they have, the Lions improved their weak areas, the Packers and Bears should be trouble, Kirk Cousins should help Atlanta make some noise, and the Cowboys and Rams remain formidable.

Baltimore Ravens (+900)

Their offensive coordinator, Todd Monken, shrunk in the AFC Championship game, as did Lamar Jackson, though Ravens fans would be loath to admit. They lost three of their top defensive coaches (coordinator, defensive line, secondary), as well as an All-Pro linebacker, two starting guards, and their second-best pass-rusher.

It would seem that the other three teams in their division got a lot better during the offseason, while the Ravens essentially treaded water, despite adding Derrick Henry to an already potent rushing attack. Until Jackson and Monken can put together an impressive playoff performance against a proven foe, we’re not going anywhere near their odds, especially considering they’re hovering below the +1,000 threshold at +900.

Best Bets & Value Picks:

• Detroit Lions (+1,200): The Lions were darn close to getting to the Super Bowl last year, and they will be better this time around, and coming with an added year of experience. They also did a good job of plugging their biggest hole (the secondary) during the offseason.
• Cincinnati Bengals (+1,200): In the only two fully healthy seasons Joe Burrow has had in the NFL, he’s led his team to the AFC Championship Game and the Super Bowl. He will stay healthy again this year, and Mahomes’ kryptonite should be one of the AFC’s top challengers.
• Houston Texans (+1,600): This line has seen massive movement from +2,500 back in February, and for good reason. Houston’s gearing up for a serious run, and they have the horses to do it. They may lack a bit of experience, but they offer a ton of value at this number.
• New York Jets (+2,000): The team that saw its odds shrink the furthest since February (+3,000), sharp bettors clearly recognize the impact of Aaron Rodgers’ return for the Jets. He’s got a youthful set of weapons, a new and experienced offensive line, and an elite defense. He’s finally got all the ingredients, and at +2,000 odds, this is the best value on the board.