The 2022 NFL season pushed into its second quarter this week after each team completed its fourth game of the year. Now, bettors see new opportunities in the updated Super Bowl Odds Market.
The 2022 NFL season pushed into the month of October and only one undefeated team remained standing, the Philadelphia Eagles. While Philly faithful may have expected as much from the Eagles, considering the team opened with the 17th best odds to win the Super Bowl, it’s something of a surprise. Underwhelming performances and key injuries continue to reshape the updated Super Bowl odds for the 2022 season.
Participants from last year’s Big Game, found themselves near the top of the odds market when it opened. The Los Angeles Rams checked in with the third-best odds at minus-1100, while their Super Bowl LVI opponents, the Cincinnati Bengals, trailed right behind at minus-1200. The defending champs’ lackluster offensive performance thus far, and Cincinnati’s underwhelming start, now sees facing a much steeper climb on the board.
Here’s a look at the best updated Super Bowl odds entering Week 5 of the 2022 NFL season.
Updated Super Bowl Odds Entering Week 5
The preseason betting favorites, the Buffalo Bills, remain atop the Super Bowl odds market board. Most sportsbooks list the Bills at +400, though FanDuel set Buffalo at +450. The Bills opened with +600 odds, but have seen those shorten through the season’s first quarter, despite losing to the Miami Dolphins in Week 3.
Buffalo looks strong on both sides of the ball so far this season. The Bills average 28.5 points-per-game, which ranks fifth entering Week 5. Buffalo’s D ranks second in scoring defense, surrendering just 14.5 points-per-game through their first four contests.
BetMGM noted Buffalo has seen the highest betting handle for Super Bowl wagers at 22 percent. The Bills also occupy a league-high 14.1 percent of tickets thus far. The Kansas City Chiefs trail Buffalo in both categories (13.1 percent of handle, 11.2 percent of tickets). No other team is even at 7.0 percent for either bit of action.
The rise of the Eagles to the top of the board on the NFC side remains a compelling story, but a Philadelphia Super Bowl win would be an outlier based on historical precedent.
That said, the Eagles rank second in scoring (28.8 points-per-game) and 10th in scoring defense (17.8 points-per-game). The NFC also looks like the easier path to reach Super Bowl LVII, so jumping on +800 Super Bowl odds looks like a decent investment at this point.
Giants, Jets Still See Long Super Bowl Odds
New York state’s other two teams, the New York Giants and New York Jets, have both gotten off to surprisingly solid starts this season. The Giants enter their clash in London with the Green Bay Packers at 3-1. The Jets, meanwhile, host the Miami Dolphins with a 2-2 record, looking to get above .500 for the first time since Week 5 of the 2017 season. Both squads enter Week 5 as underdogs, however.
While the Super Bowl odds for both of these teams remain long, the Giants did see their NFC East odds shorten early in the season following the injury to Dallas Cowboys starting quarterback Dak Prescott. New York has kept pace with the Eagles so far, though their loss to the Cowboys in Week 3 hurt.
This is notable because at least one NFL team has gone “worst-to-first,” winning its division the season after finishing last or tied for last place in 17 of the last 19 seasons. It helps that the Giants have the easiest strength of schedule for the 2022 NFL season.
The Super Bowl odds for the Jets remain among the longest in the league despite the team’s 2-2 start. Gang Green sees odds between +20000 and +30000 at New York sportsbooks to win Super Bowl LVII. However, the Jets odds to make the playoffs hover between +800 and +850 at New York sportsbooks, a figure that will likely shorten should the Jets upset the Miami Dolphins in Week 5.