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2027 Super Bowl Odds Compare live 2027 Super Bowl odds across prediction markets

The Los Angeles Rams are the current favorite to win Super Bowl 2027, trading at about a 12% chance, but there is very little separation at the top of the market. Six teams are currently priced between 8% and 12%, leaving the 2027 Super Bowl race wide open heading into Week 5.

By · Reviewed by Data observed
Market moves

Biggest moves, last 7 days

Buffalo BillsSuper Bowl LXI · Kalshi daily close
13% → 11%
−2 pts
Kalshi10.5¢Polymarket13¢
NoteBills lost to the Patriots 29–26 in Week 4. On Kalshi: 12.5% the day before, 10.5% the day after. — final score, Oct 4
Seattle SeahawksSuper Bowl LXI · Kalshi daily close
7% → 9%
+2 pts
Kalshi8.5¢Polymarket8¢
NoteSeahawks beat the Chargers 30–23 in Week 4. On Kalshi: 7.5% the day before, 8.5% the day after. — final score, Oct 4
Jacksonville JaguarsSuper Bowl LXI · Kalshi daily close
4% → 6%
+2 pts
Kalshi5.5¢Polymarket5¢
NoteJaguars beat the Bengals 22–17 in Week 4. — final score, Oct 4

See all 32 markets →

Change in percentage points over 7 days, from daily closing prices to the latest observation (Oct 5, 11:39 PM ET).

Team explorer

All 32 teams

Our figure, the 7-day move, and each venue’s price to buy, linked to that team’s market.

Kalshi shows the midpoint of its bid and ask where our feed has both, otherwise its last trade; Polymarket shows its price to buy where our feed has it. Polymarket US counts only while its quote is current. Tap a price to open that team’s market.

Super Bowl LXI odds for all 32 teams, Oct 5, 2026
TeamChance7 daysKalshiPolymarketPoly USSources
Los Angeles RamsNFC · +74512%
At last trade, $100 returns $869
–Kalshi11.5¢Polymarket13¢Poly US11.5¢Sources & history›Sources & history›
Buffalo BillsAFC · +79511%
At last trade, $100 returns $952
−2 ptsKalshi10.5¢Polymarket13¢Poly US10.5¢Sources & history›Sources & history›
San Francisco 49ersNFC · +9449.6%
At last trade, $100 returns $1,052
–Kalshi9.5¢Polymarket9.8¢Poly US9.5¢Sources & history›Sources & history›
Kansas City ChiefsAFC · +10348.8%
At last trade, $100 returns $1,176
+1 ptsKalshi8.5¢Polymarket9.5¢Poly US8.5¢Sources & history›Sources & history›
Seattle SeahawksNFC · +11248.2%
$100 on Polymarket at the ask pays $1,250
+2 ptsKalshi8.5¢Polymarket8¢Poly US8.5¢Sources & history›Sources & history›
Baltimore RavensAFC · +12307.5%
At last trade, $100 returns $1,333
−1 ptsKalshi7.5¢Polymarket7.6¢Poly US7.5¢Sources & history›Sources & history›
Jacksonville JaguarsAFC · +17805.3%
At last trade, $100 returns $2,020
+2 ptsKalshi5.5¢Polymarket5¢Poly US5.5¢Sources & history›Sources & history›
Chicago BearsNFC · +24004.0%
At last trade, $100 returns $2,857
–Kalshi3.5¢Polymarket4.2¢Poly US4.5¢Sources & history›Sources & history›
Cincinnati BengalsAFC · +26933.6%
At last trade, $100 returns $2,857
−1 ptsKalshi3.5¢Polymarket3.8¢Poly US3.5¢Sources & history›Sources & history›
Dallas CowboysNFC · +27413.5%
At last trade, $100 returns $2,857
+1 ptsKalshi3.5¢Polymarket3.6¢Poly US3.5¢Sources & history›Sources & history›

Source: Kalshi / Polymarket / Polymarket US via DeFi Rate, observed between Oct 5, 10:11 PM and 11:38 PM ET. Some quotes are stale: they weren’t observed recently and may have moved. Each team’s sources show when.

The evidence

The top six, venue by venue

Each row shows Kalshi and Polymarket for one team, the range between them, and our figure. Open any team for its contracts and history.

Chance to win Super Bowl LXI · by sourceobserved 11:39 PM ET
4%6%8%10%12%14%16%KalshiPolymarketOur figureLA Rams12%Buffalo Bills11%SF 49ers9.6%KC Chiefs8.8%Seattle Seahawks8.2%Baltimore Ravens7.5%
Since May · Kalshi daily closetop four teams
05101520JunJulAugSep12%11%10%9%
Trading detail

Compare prices

Each venue’s price for the market you pick, what your order would pay, and the estimated fee.

Los Angeles Rams to win Super Bowl LXI, all venues
Pick a market and an amount
Prices by venue
VenuePrice24h tradedEst. feePayout if correctTrade
KalshiSuper Bowl LXI contract11.5¢Last trade$19K$6.20$869before feesKalshi11.5¢
PolymarketNFL championship contract13¢Price to buy$574n/a$769before feesPolymarket13¢
Poly USPro Football Champion 2027 contract11.5¢Last trade–n/a$869before feesPoly US11.5¢

“Price to buy” is the venue’s current ask; “last trade” is the most recent trade and may not be available now. We don’t yet measure how many contracts are available at a price, so large orders may fill higher. Est. fee uses Kalshi’s published taker-fee formula, per contract in a bundle; other venues’ fees aren’t in our feed. DeFi Rate may earn a commission when you open an account through these links. 18+ (21+ in some states).

Explanation

How Super Bowl odds work

How Super Bowl futures work

A Super Bowl futures contract asks one question, such as “Will the Rams win Super Bowl LXI?” It pays $1 if that team wins the title game in February 2027 and $0 otherwise. The price is the market’s chance: 12¢ means about 12%, or roughly +730 in sportsbook terms.

At 12¢, $100 buys about 833 contracts that would pay about $833 if the Rams win. Prices move all season as results come in, so you can also sell before February and keep any gain.

Why no team is a big favorite

The Rams lead at about 12%, which means the market expects someone else to win about 88% of the time. Six teams sit between 8% and 12%, and together they account for about 57% of the total. The rest is spread across the other 26 teams.

Other NFL markets you can trade

  • Conference and division winners: who wins the AFC, the NFC or a division. “Buffalo to win the AFC” at 15¢ pays 85¢ profit per contract if they do.
  • To make the playoffs: yes or no for each team.
  • Best regular-season record.
  • Game markets: moneyline, point spread, total points, team totals and player props, with live markets once a game starts. Availability varies by venue.

This week’s game-by-game odds are on the NFL Week 5 page.

Prediction markets vs. sportsbooks

When Super Bowl LXI futures opened, Kalshi’s prices beat DraftKings’ on 26 of 32 teams, mostly mid-tier contenders and long shots such as New England, Cincinnati and Tampa Bay. DraftKings was better on six teams, including Seattle, Miami and Arizona. Those are opening prices, kept for the record; current prices and how much you can actually buy at them matter more.

Kalshi and Polymarket US are CFTC-regulated exchanges available in most states. Sports event contracts face legal challenges in some states, so availability can change. Check that the market is open to you before you fund an account.

Methodology

Each team’s figure averages Kalshi and Polymarket, plus Polymarket US while its quote is current (an older Polymarket US quote is shown but left out; Gemini isn’t in our price feed yet). Each venue’s price is the midpoint of its bid and ask where our feed has both, otherwise its last trade; the team table also shows Polymarket’s price to buy. History is Kalshi’s daily close. Full methodology →

Full methodology
PricesEach venue is priced at the midpoint of its bid and ask where our feed has both, otherwise at its last trade, and every source record says which.
AveragesHeadline figures average the venues that list the same outcome. A venue without a single matching contract is labeled “constructed” or left out.
Timestamps“Data observed” is when prices were read; “Updated” is when an editor last changed the text.
Stale quotesQuotes our data provider marks stale are shown but never averaged.
Activity, not depth24-hour dollars traded is recent activity, not how much you can buy at a price.

Data and sources

Questions

Who is the favorite to win Super Bowl LXI?
The Los Angeles Rams, at about 12% (+745) as of Oct 5, 2026, averaging Kalshi (11.5%), Polymarket (12.5%) and Polymarket US (11.5%).
Are these odds an average?
Yes. Each team’s figure is the equal-weight average of Kalshi, Polymarket and, while its quote is current, Polymarket US; an older Polymarket US quote is shown but left out. Gemini isn’t in our price feed yet. Each venue’s own price is shown in the team table and in each source record.
How often do Super Bowl odds update?
Prices are checked every 2 minutes. The page shows when the data was observed and, separately, when the text was last edited.
When is Super Bowl LXI?
February 2027. Contracts settle on the official result of the game.

About the authors

Christopher Feery has written professionally since 2014 and has covered the gambling industry full time since New Jersey legalized sports betting in 2018.

Cheryle Shepstone is DeFi Rate’s Director of Content and Strategy and oversees its prediction-market research, platform reviews and editorial methodology.

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