Aside from betting on who will win the Super Bowl once two teams win their respective Conference Championship games, futures betting has become one of the most popular picks in the NFL. Typically available soon after the conclusion of the previous year's Super Bowl, Las Vegas odds for Super Bowl XLVII have been out and the current odds are moving. According to Bill Barnwell, a staff writer for Grantland, the San Francisco 49ers are the new and surprising favorite to win it all in 2013.
At the MGM family of sports books, the 49ers opened with 10/1 odds, which was tied for the fifth best odds with the New Orleans Saints. Since then, the 49ers have moved up four slots and are now 4/1 favorites to win Super Bowl 47. Previously at the top with 5/1 opening odds, the New England Patriots are now tied with the Green Bay Packers at 6/1 current odds.
The 49ers were not the only team to see a big jump from their opening odds. The Chicago Bears (25/1 to 8/1), New York Jets (30/1 to 12/1), and Denver Broncos (75/1 to 7/1) have also seen big movement in their current odds. Vegas odds are not only determined by the likelihood a team wins the Super Bowl but also by the amount of betting action they receive, which explains why big-name teams like the Bears, Jets, and Broncos all saw their odds change significantly.
For the 49ers, it is not too surprising to see them rise in the charts and be a favorite to win Super Bowl XLVII. From retaining their entire starting defense from the last season to adding some key players on offense, the 49ers are expected to be one of the more successful teams this year. Also, the 49ers' dominant special teams play headlined by kicker David Akers and punter Andy Lee make for a team destined for success according to the betting public in the futures market.
From a great coach in Jim Harbaugh to new wide receivers in Randy Moss and Mario Manningham, gamblers have plenty of reason to believe the 49ers could go all the way this season. While some people may doubt the abilities of quarterback Alex Smith or whether the team will face any competition in the NFC West, San Francisco's breakout 2011-12 season makes them a great Super Bowl XLVII contender according to many NFL fans and Las Vegas.
More from this contributor: