Broncos Super Bowl LIX odds: What sportsbooks think of Denver’s chances entering Thanksgiving weekend

A 7-5 start to the season has oddsmakers re-evaluating Denver's abysmal preseason outlook.

Broncos Super Bowl LIX odds: What sportsbooks think of Denver’s chances entering Thanksgiving weekend

As receiver Courtland Sutton said after Sunday’s win, “The tide is turning” for the Broncos.

The Broncos entered the 2024 NFL season with their worst preseason odds dating back to 1977, according to pro-football-reference.com. But a 7-5 start to the season has oddsmakers re-evaluating Denver’s outlook.

The Broncos have +5,000 odds — meaning a $100 bet would win $5,000 — to win Super Bowl LIX, according to BetMGM and Caesars Sportsbook. DraftKings Sportsbook gives Denver +4,500 odds, while Fanduel Sportsbook has the team at +5,500.

It’s a far cry from Denver’s preseason odds, which ranged from +15,000 to +25,000.

The Lions are the universal favorites to win the Lombardi Trophy at +250 to +300, followed by the defending champion Kansas City Chiefs (+450 to +500).

Rookie quarterback Bo Nix’s performance has earned him strong odds for a postseason award. He’s the second favorite to win the offensive rookie of the year award with odds ranging from +100 to +160, across the betting sites. Washington’s Jayden Daniels is the favorite at -150 to -200.

Sean Payton is also among the frontrunners for coach of the year with odds between +400 to +650. Detroit’s Dan Campbell is the favorite at +130 to +175.

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