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Super Bowl 52 Futures Odds: Patriots Drawing Heavy Money

Odds for Super Bowl LII -- to be played Feb. 4, 2018, in Minneapolis -- have changed significantly since they were first posted. Here are the latest odds and where the money is going.
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It doesn't matter how low the Patriots' odds get. People keep betting them big to win Super Bowl LII.

Total $$$ Bet on Super Bowl at William Hill

 Patriots 20%
 Raiders 11%
 Packers 8%
 Cowboys 8%
 Seahawks 6%
 Steelers 6%
 Falcons 5%
 Giants 4%
 Broncos 3%
 Vikings 3%

An astonishing 20 percent of all dollars wagered at William Hill sportsbooks have come in on the reigning champs, despite New England now offering a paltry 3-to-1 return.

"I'm scratching my head," William Hill US director of trading Nick Bogdanovich told SportsLine. "I know they're awful good. They're there every year.

"But you've got [potential] injuries, other teams coming on, players getting old and you're getting zero value," he continued. "I can't believe it but they keep betting 'em."

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New England has drawn 6 percent of the betting tickets -- same as the Seahawks and Steelers -- except the Pats have attracted much larger action.

Coming off a 12-4 season, Oakland has attracted an NFL-high 11 percent of the bet slips. More small wagers are on the Raiders than on any other team.

Total Tickets Bet on Super Bowl at William Hill 

 Raiders 11%
 Packers 7%
 Cowboys 7%
 Seahawks 6%
 Steelers 6%
 Patriots 6%
 Vikings 5%
 Giants 4%
 Broncos 4%
 Giants 4%

"Derek Carr and Amari Cooper are coming into their primes, then they get Marshawn Lynch," said Bogdanovich, whose books lowered Oakland from 12/1 to 15/2.

"They're a West Coast team and they've always been bet well in the state of Nevada. I can see why the public is on them this year especially. They're definitely on the rise."

Here's a snapshot of every team, with updated Super Bowl odds from the Westgate Las Vegas SuperBook:

NEW ENGLAND PATRIOTS (Open 6/1, Now 3/1): The season will be a disappointment with anything less than Tom Brady's sixth Super Bowl ring. New England loaded up with WR Brandin Cooks and CB Stephon Gilmore and made other moves aimed at winning now.

DALLAS COWBOYS (Open 10/1, Now 8/1): If not for questionable officiating in the Divisional Playoffs, the Cowboys might be gunning for a repeat instead of the Pats. Their elite offensive line actually might be better. First-round pass rusher Taco Charlton (9.5 sacks as a Michigan senior) is the key to a championship run.

GREEN BAY PACKERS (Open 12/1, Now 10/1): Can rookie Jamaal Williams give the Pack what Eddie Lacy used to on early downs? If so, Aaron Rodgers could finally snag his second Super Bowl ring.

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PITTSBURGH STEELERS (Open 10/1, Now 12/1): An iffy secondary is the only obvious blemish. Assuming 6-4, 225-pound stud Martavis Bryant stays clean, no one is stopping this Steelers' attack. It's been nine years since Pittsburgh hoisted the Lombardi Trophy.

Odds to Win Super Bowl 52
 Team Open Current
 Patriots 6/1 3/1
 Cowboys 10/1 8/1
 Packers 12/1 10/1
 Seahawks 12/1 12/1
 Steelers 10/1 12/1
 Raiders 20/1 12/1
 Falcons 16/1 16/1
 Giants 25/1 20/1
 Panthers 20/1 25/1
 Broncos 20/1 25/1
 Chiefs 25/1 25/1
 Cardinals 25/1 25/1
 Buccaneers 40/1 25/1
 Vikings 25/1 30/1
 Ravens 25/1 30/1
 Colts 25/1 30/1
 Dolphins 40/1 30/1
 Texans 60/1 30/1
 Eagles 60/1 35/1
 Lions 60/1 40/1
 Saints 80/1 40/1
 Titans 40/1 40/1
 Bengals 50/1 60/1
 Redskins 50/1 60/1
 Chargers 80/1 60/1
 Jaguars 80/1 80/1
 Rams 100/1 80/1
 Bills 80/1 100/1
 Bears 100/1 100/1
 Jets 100/1 200/1
 49ers 300/1 300/1
 Browns 300/1 300/1

SEATTLE SEAHAWKS (Open 12/1, Now 12/1): Ankle, knee and pectoral injuries hampered Russell Wilson last year. If he returns to his 2015 form -- and there's no reason he shouldn't -- then the Seahaws' championship window is wide open.

OAKLAND RAIDERS (Open 20/1, Now 12/1): Derek Carr is fully recovered from his broken leg, Marshawn Lynch should see lots of running lanes and Cordarrelle Patterson will supply a jolt on returns. There won't be a more fun team to watch in 2017.

ATLANTA FALCONS (Open 16/1, Now 16/1): Best way to avoid a Super Bowl hangover? Invest heavily on defense to support Matt Ryan, Julio Jones, Devonta Freeman and Tevin Coleman. New coordinator Steve Sarkisian should keep the NFL's No. 1 offense humming.

NEW YORK GIANTS (Open 25/1, Now 20/1): The public loves the Brandon Marshall signing, and he should excel alongside Odell Beckham and Sterling Shepard. But will Eli Manning have time to throw behind his weak tackles? 

TAMPA BAY BUCCANEERS (Open 40/1, Now 25/1): Mike Evans won't have to do it by himself; the Bucs added wideouts DeSean Jackson and Chris Godwin and tight end O.J. Howard. Now, a leap from 9-7 is expected from a team that hasn't made the playoffs since 2007.

CAROLINA PANTHERS (Open 20/1, Now 25/1): Christian McCaffrey and Curtis Samuel (4.31 forty time) should energize the entire offense and especially Cam Newton, who completed a season-low 53 percent of his passes last year.

DENVER BRONCOS (Open 20/1, Now 25/1): Gary Kubiak and Wade Phillips are gone. Trevor Siemian or Paxton Lynch will start at QB. But with an elite defense and a possibly rejuvenated Jamal Charles, the Broncos could surprise.

KANSAS CITY CHIEFS (Open 25/1, Now 25/1): All the Andy Reid-led Chiefs do is win (11, 9, 11 and 12 in his four regular seasons). Hard to see them getting over the hump, though, without any threatening wideouts besides Tyreek Hill.

UPDATED PLAYOFF PROBABILITIES FOR EVERY NFL TEAM

ARIZONA CARDINALS (Open 25/1, Now 25/1): The Cards didn't make signficant offensive upgrades; they're counting on 37-year-old Carson Palmer to play the way he did over the final nine games (19 TDs, 9 INTs).

MINNESOTA VIKINGS (Open 25/1, Now 30/1): Dalvin Cook running behind a massively upgraded line is worth getting excited about. He averaged 6.5 yards per carry at Florida State while scoring 48 TDs. Cook's arrival plus Mike Zimmer's elite defense make Minnesota appealing at 30/1.

BALTIMORE RAVENS (Open 25/1, Now 30/1): Jeremy Maclin should be a difference maker, and the defense fcould be scary good. Joe Flacco is over a year removed from knee surgery; he's under the gun after accounting for 22 TDs and 18 turnovers.

INDIANAPOLIS COLTS (Open 25/1, Now 30/1): New GM Chris Ballard rebuilt the defense -- safety Malik Hooker was a steal at No. 15 overall -- in hopes of ending a two-year playoff drought. Fellow rookie Marlon Mack could jumpstart the running game, easing pressure on Andrew Luck.

HOUSTON TEXANS (Open 60/1, Now 30/1): Tom Savage remains atop the depth chart, but it's only a matter of time before Deshaun Watson overtakes him. The Clemson product brings a championship pedigree to a team that boasted the No. 1-ranked defense.

MIAMI DOLPHINS (Open 40/1, Now 30/1): The Dolphins won't catch teams by surprise this year, but they might not have to. The Dolphins made shrewd offseason moves -- signing Lawrence Timmons and using five of their seven draft picks on defense.

PHILADELPHIA EAGLES (Open 60/1, Now 35/1): Carson Wentz got the weapons he needs, as he'll be throwing to Alshon Jeffery, Torrey Smith, Jordan Matthews and Zach Ertz plus Darren Sproles and Donnel Pumphrey. With Philly wisely spending its first three draft picks on defense, there's reason to think big.

DETROIT LIONS (Open 60/1, Now 40/1): The Lions went 9-7 and had a chance to win the NFC North in Week 17 despite being outscored by 12 points last season. Detroit went all-in on defense in the offseason after ranking 18th in total yards (354.8 allowed per game).

NEW ORLEANS SAINTS (Open 80/1, Now 40/1): They didn't improve enough defensively, so it will again be up to Drew Brees to carry the Saints. If you're betting this team to win it all, you're banking on Adrian Peterson recapturing his 2015 form.

TENNESSEE TITANS (Open 40/1, Now 40/1): Look for these odds to drop now that Eric Decker is in the fold. He's recorded three seasons with double-digit touchdowns since 2012. In one offseason the Titans' offense has gone from slightly above average to lethal.

CINCINNATI BENGALS (Open 50/1, Now 60/1): John Ross and Joe Mixon make the Bengals a lot more exciting. The Bengals probably need their first playoff win since 1990 to save Marvin Lewis' job.

WASHINGTON REDSKINS (Open 50/1, Now 60/1): The revamped defense holds the key. Terrelle Pryor and 2016 first-round pick Josh Doctson are fully capable of replacing DeSean Jackson and Pierre Garcon.

LOS ANGELES CHARGERS (Open 80/1, Now 60/1): If Philip Rivers cuts his turnovers in half, the Chargers could surprise thanks to a tall, talented receiving corps. They're still the fourth-best team in a four-team division.

JACKSONVILLE JAGUARS (Open 80/1, Now 80/1): Stop us if you've heard this before: the talent is there. Not for a Super Bowl run, but a .500 season. Calais Campbell and Leonard Fournette give this team the identity it has lacked.

LOS ANGELES RAMS (Open 100/1, Now 80/1): Sean McVay, the youngest head coach in NFL history, is an upgrade over Jeff Fisher despite having no experience. McVay will get much more out of Jared Goff, who was historically bad as a rookie.

BUFFALO BILLS (Open 80/1, Now 100/1): The organization is in much better hands now. Sean McDermott can fix the underachieving defense, and Tyrod Taylor, Sammy Watkins and LeSean McCoy will put up points if healthy.

CHICAGO BEARS (Open 100/1, Now 100/1): John Fox is fortunate to have his job after going 9-23 in Chicago. Whoever starts at QB will throw to potentially the NFL's worst receiving corps.

NEW YORK JETS (Open 100/1, Now 200/1): The Jets' cast of wideouts is just as bad. They may as well let Christian Hackenberg play instead of trotting out 37-year-old Josh McCown. Six wins would be a miracle.

SAN FRANCISCO 49ERS (Open 300/1, Now 300/1): Notwithstanding his Super Bowl brain freeze, Kyle Shanahan is a brilliant mind who eventually will succeed. Veteran Brian Hoyer will keep the 49ers close more often than not as the bridge QB to 2018.

CLEVELAND BROWNS (Open 300/1, Now 300/1): The Browns had a tremendous draft as they finally seem to be headed upward. Can DeShone Kizer seize the starting QB job in camp and give the Dawg Pound real hope? 

Larry HartsteinSenior Analyst