Updated Super Bowl Odds: Eagles are the new Super Bowl LIX betting favorites… for now

2025 Super Bowl odds have been whittled down to four teams, with the Philadelphia Eagles listed as favorites ahead of Championship Sunday. Will it last?

Jason Logan: Senior Betting Analyst at Covers
Jason Logan • Senior Betting Analyst
Jan 20, 2025 • 09:48 ET • 4 min read
Saquon Barkley Philadelphia Eagles NFL
Photo By - Imagn Images.

The 2025 Super Bowl odds have been whittled down to four teams after the Divisional Round wrapped up with a nail-biter between the Buffalo Bills and Baltimore Ravens.

The Philadelphia Eagles are the overall betting favorites to win Super Bowl LIX, but that won't necessarily remain in place beyond Championship Sunday, even if they do vanquish the Washington Commanders as expected.

Here are the current NFL odds for SBLIX as the field continues to narrow.

2025 Super Bowl Odds

Super Bowl odds courtesy of Caesars as of 1-20-25.

Eagles soaring at right time

The Philadelphia Eagles have jumped to the top of the Super Bowl LIX odds board as the playoffs head into Championship Sunday.

The Eagles, who opened the NFL playoffs at +700 to win the Super Bowl, are the new Big Game favorites, priced around +170 to hoist the Lombardi Trophy in New Orleans next month.

Those NFL odds reflect the easier path to SBLIX facing Philadelphia, compared to the AFC side of the tournament where the Kansas City Chiefs and Buffalo Bills square off.

Philadelphia held off the L.A. Rams in a snowy Divisional Round rumble to snatch home-field advantage in the NFC title game. On the other sideline is not the top-seed Detroit Lions, but the upstart Washington Commanders (+700 to win Super Bowl LIX), who stunned the Lions in Saturday’s second-round matchup.

The Eagles are 5.5-point favorites against the Commanders with the outright odds giving them a 71% implied win probability in the NFC Championship Game.

That’s a much better shot at booking a ticket to the Big Easy than the Chiefs (+220 to win Super Bowl LIX) or the Bills (+250), who have implied win probabilities of 54.5% and 50% in the AFC title game, according to the moneyline prices (Kansas City is a 1.5-point home favorite for AFC Championship).

While Philadelphia is currently the Super Bowl favorite, that title could flip after Championship Sunday. Current look-ahead odds at the possible SBLIX matchups would list Kansas City or Buffalo as a slight favorite against the Eagles at the Superdome.

That point is reflected in the Super Bowl MVP odds, which list the two AFC quarterbacks — Patrick Mahomes and Josh Allen — as co-favorites at +280. Philadelphia QB Jalen Hurts is third on the MVP board at +400 while Eagles star RB Saquon Barkley is +550, just ahead of Commanders rookie Jayden Daniels (+700).

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Jason Logan Senior Industry Analyst Covers.com
Senior Betting Analyst

In his 20 years with Covers, lead NFL betting analyst “JLo” has seen it all and bet it all. Through the wild west of early Internet gambling to lobbying for legalized sports betting to our brave new wagering world, Jason has been a consistent source of actionable info and entertainment for squares and sharps alike.

Since joining the Covers team back in 2005, he’s honed his handicapping skills to provide audiences with the most thorough insights, blending traditional capping methods with advanced modelling and predictive analysis. Jason has studied the ins and outs of the sports betting business, learning from some of the most successful gamblers in the industry and the biggest sportsbook operators on the planet.

He is under center for Covers during NFL season as our top NFL expert, taking the points in his infamous “NFL Underdogs” column and representing the Covers Community at the Super Bowl. While he lives for football season, Jason’s first love is basketball and that shows in his in-depth NBA, NCAA, and WNBA betting breakdowns.

On top of being a mainstay in media from coast to coast – WPIX, PHL17, Fox 5 San Diego, WGNO, TSN, SportsNet, ESPN Radio – he’s had his analysis featured in USA Today, MSNBC, ESPN, the Wall Street Journal, CBS, Bloomberg, the L.A. Times, the New York Times and other major publications. You can also find JLo stuffing all the top picks and predictions he can into 10 minutes as the host of Covers’ flagship podcast, The Sharp 600.

His best advice for bettors new and old is “Handicapping isn’t a ‘one size fits all’ process. The impact and importance of information varies from bet to bet. Treat each wager different than the last.”

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