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Broncos Super Bowl LVIII odds: What sportsbooks think of Denver’s chances after 2022 NFL season’s end

Denver has +3,000 odds, according to Draftkings Sportsbook

Jerry Jeudy (10) of the Denver Broncos stands on the field after the fourth quarter of the Broncos’ 31-28 win over the Los Angeles Chargers at Empower Field at Mile High on Sunday, Jan. 8, 2023. (Photo by AAron Ontiveroz/The Denver Post)
Jerry Jeudy (10) of the Denver Broncos stands on the field after the fourth quarter of the Broncos’ 31-28 win over the Los Angeles Chargers at Empower Field at Mile High on Sunday, Jan. 8, 2023. (Photo by AAron Ontiveroz/The Denver Post)
Joe Nguyen of The Denver Post

The Chiefs beat the Eagles on Sunday to win Super Bowl LVII. With that, the clock resets for the NFL and for everyone else, it’s looking ahead to the 2023 season.

For the Broncos — now with their third head coach in as many seasons — there’s renewed hope after their dismal 5-12 season. Though the outlook isn’t quite as rosy as how they entered 2022, according to oddsmakers.

Denver has +3,000 odds — meaning a $100 bet would win $3,000 — to win Super Bowl LVIII, according to Draftkings Sportsbook. They are tied for the 11th-best odds. It is also the best odds for the team among five sportsbooks surveyed.

SI Sportsbook has Denver at +3,300, followed by Fanduel Sportsbook (+3,500), BetMGM (+4,000) and Caesars Sportsbook (+4,500). The Broncos range between the 11th- and 18th-best odds on the sites.

Entering the 2022 season, the Broncos had odds between +1,500 and +1,800 on the sites.

The Kansas City Chiefs are favored to repeat as champions across the board with odds ranging between +575 and +600.

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