Super Bowl 2024 odds: 49ers remain favorites and Ravens close behind entering championship weekend

The NFL is down to its final four teams, and the San Francisco 49ers (+145) remain favorites to win Super Bowl 58 in Las Vegas.

After narrowly escaping with a win against the Green Bay Packers in the divisional round, the 49ers host the Detroit Lions in the NFC championship game next week. The 49ers are favored with a touchdown.

Baltimore has the second-best odds after posting a 34-10 victory over Houston in the divisional round. Lamar Jackson should win the MVP trophy this season, and he showed why in a dominant second half in which the Ravens outscored the Texans 24-0 after halftime. Baltimore is favored by a field goal against Kansas City next week.

If you’re not a Ravens, Chiefs, or 49ers fan, you’re probably rooting for the lovable underdogs right now: the Detroit Lions.

Detroit has the best odds to win the Super Bowl at +700 heading into next week’s NFC Championship. The Lions are the big underdogs next week and, using betting power rankings, the Lions would be the underdogs to both the Ravens and the Chiefs in the Super Bowl if they defeated the 49ers in the NFC Championship game.

Kansas City will play its sixth consecutive AFC Championship game. Patrick Mahomes has advanced to the AFC title game in each of his six years as a starter with the Chiefs and is 3-2 in the previous five trips. The Chiefs beat the Bills 27-24 in the divisional round after a missed Tyler Bass field goal in the final two minutes of regulation.

The Chiefs opened as betting favorites (+600) for this year’s Super Bowl after winning Super Bowl LVII last year against Philadelphia. San Francisco opened at +900, Baltimore opened at +1800, and Detroit opened at +2500. The Lions had early betting support when they opened the season at +2200 to win the Super Bowl at BetMGM.

Super Bowl MVP Odds

Super Bowl MVP markets are hot and Jackson is the favorite to win that award. It’s interesting because usually the starting quarterback of the favorite team is the favorite to win the MVP award, since it seems like one quarterback is always chosen by default. Cooper Kupp won the Rams MVP in Super Bowl LVI.

(Brock Purdy Photo: Michael Owens/Getty Images)