Broncos have 3rd-worst odds to win the Super Bowl this season

Denver Broncos owner Greg Penner has high expectations for his team going into the 2024 NFL season. Oddsmakers aren’t so optimistic.

The Broncos are tied with the New York Giants with the third-worst odds (+20000) to win Super Bowl LIX this season, according to DraftKings Sportsbook. That 200-1 number represents Denver’s worst Super Bowl odds since at least 1977.

Only the Carolina Panthers (+25000) and New England Patriots (+35000) have worse odds than Denver.

1. Kansas City Chiefs: +500
2. San Francisco 49ers: +600
3. Baltimore Ravens: +1000
4. Detroit Lions: +1200
5. Cincinnati Bengals: +1300
6. Philadelphia Eagles: +1400
7. Houston Texans: +1600
8. Buffalo Bills: +1600
9. Green Bay Packers: +1800
10. New York Jets: +1900
11. Dallas Cowboys: +1900
12. Miami Dolphins: +2200
13. Los Angeles Rams: +3000
14. Atlanta Falcons: +3000
15. Chicago Bears: +3500
16. Cleveland Browns: +4000
17. Los Angeles Chargers: +4500
18. Pittsburgh Steelers: +5000
19. Jacksonville Jaguars: +5000
20. Seattle Seahawks: +6500
21. Indianapolis Colts: +7500
22. Tampa Bay Buccaneers: +8000
23. Minnesota Vikings: +8000
24. Arizona Cardinals: +10000
25. New Orleans Saints: +10000
26. Las Vegas Raiders: +10000
27. Washington Commanders: +12000
28. Tennessee Titans: +15000
29. New York Giants: +20000
30. Denver Broncos: +20000
31. Carolina Panthers: +25000
32. New England Patriots: +35000

Last year, the Broncos had +4000 odds to win the Super Bowl in early September, 15th-best in the NFL. That feels like a distant memory now.