Oddmakers took favorably to the Denver Broncos’ moves after the first day of the NFL draft, shortening the team’s odds to win Super Bowl LVI in February.
Draft Kings adjusted the Broncos’ odds to +1600 — they were +6000 on Tuesday — after Denver’s acquisition of quarterback Teddy Bridgewater from the Carolina Panthers and selection of Alabama cornerback Patrick Surtain II with the No. 9 overall pick in the opening round of the draft on Thursday night.
The Broncos join the Cleveland Browns and Green Bay Packers at +1600 — the seventh-shortest odds in the league.
The Chiefs (+500) remained the favorites with DraftKings, followed by the defending champion Tampa Bay Buccaneers, who dropped to +700 from +750 in the latest odds, then the Baltimore Ravens (+1300), and the Buffalo Bills, Los Angeles Rams and San Francisco 49ers, all at +1400.
The 49ers opened the week at +1600 and saw their odds shortened after their selection of North Dakota State quarterback Trey Lance with the No. 3 overall pick.
Green Bay’s odds got longer on Friday, moving from +1100 on Tuesday, after reigning league MVP Aaron Rodgers reportedly said he no longer wants to play for the Packers.
The odds also got longer for the Arizona Cardinals, who moved from +3300 to +4000, and Panthers (+6000 to +6600). Despite taking quarterback Zach Wilson of BYU with the No. 2 overall pick, the New York Jets saw their odds of winning the Super Bowl lengthen from +8000 to +10000 — the same as the Cincinnati Bengals.
The embattled Houston Texans and the Detroit Lions remained the longest shots in the field at +15000.
–Field Level Media (@FieldLevelMedia)