Las Vegas Favorites & Each Teams Odds to Win Super Bowl 55 in 2021 NFL futures odds are best described as the “odds to win the Super Bowl”. These are the odds given to each team based on the probability they will win the Super Bowl. As the season progresses the lines are updated to give a clear picture of who the favorite or favorites to win are. After 50 years of waiting, the Kansas City Chiefs are the Super Bowl LIV Champions! The Chiefs came back from a 10-20 deficit in the fourth quarter to defeat the San Francisco 49ers.