Denver Broncos Super Bowl Odds 2024: Latest Super Bowl 58 Futures

The current Super Bowl odds for the Denver Broncos are .

The first season of the Russell Wilson era went poorly, to say the least, but Sean Payton seems to have righted the ship after the team encountered plenty of difficulties under Nathaniel Hackett. For the first time in what seems like forever, the Broncos are a well coached football team. The talent is lacking on both sides of the ball, however, and Wilson’s bloated contract hasn’t made it any easier to fill out the roster.

Denver Broncos Super Bowl Odds & Futures 2023-2024

The Broncos finally fell back down to earth last week after a six-game win streak had them back in the picture in the AFC West. The Chiefs have now all but sewn up the division with a consensus line of -10000 to win for the eighth-straight year. With remaining games against the Raiders, Bengals, and Chargers, all of whom are on backup quarterbacks, it’s tough to imagine the Chiefs dropping another game.

If the Broncos lose the division, it’s nearly impossible to imagine them winning the Super Bowl as it would require them to win four straight games away from home against top tier competition. While Sean Payton’s coaching has certainly provided a boost for this team, that’s a tall order that seems virtually impossible.

Denver Broncos Super Bowl Odds Analysis

The Broncos have have won the close games they seemed to consistently lose last season, pulling out one-score wins over the Bears, Packers, Bills, and Vikings in recent weeks. Of course, that’s not a sustainable strategy to succeeding in a goal of a Super Bowl, especially in a loaded AFC. The teams ahead of them on the odds board include the Chiefs, Dolphins, Ravens, and Jaguars.

That isn’t a perfect group of teams, to be fair. The Chiefs have had offensive issues with a weak group of skill position talent. The Ravens lost Mark Andrews and the Jaguars have Trevor Lawrence dealing with an ankle issue, so injuries could knock those teams down. The Dolphins are arguably the best team in that group, but they haven’t beaten a team with a winning record since Week 3 of the 2022 season.

Still, it’s an uphill battle for the Broncos, and that’s reflected in the current odds. At the time of writing, the best number has the Broncos at 1250-1 to win the Super Bowl, and they’re clearly not in the range where you’d expect that to be a possibility. The Broncos are still firmly in the Wild Card hunt, though, and +230 odds to make the playoffs could make for an enticing wager for fans.

Ultimately, Russell Wilson has been a limiting force for the offense. He’s a one-read quarterback at this point of his career, and while the offensive line has been solid, his ability to create those magical plays in the pocket has clearly disappeared. At present, he’s about as bang average as it gets at the position.

The defense has rebounded after an awful start to the year that saw them surrender 70 points to the Dolphins in a historic loss. However, they’ve been living and dying on red zone success and turnovers in recent weeks, and that’s not a sustainable formula to long-term success. The run defense continues to be a major area of concern for Denver, even if their pass rush and coverage has improved.

Denver Broncos Strengths & Weaknesses

Strengths

• Sean Payton’s coaching creates an advantage against most opponents
• The offensive line is producing as a top ten unit 
• The defense has rebounded after a historically bad start

Weaknesses

• The defense has relied on turnovers and red zone success, two areas that aren’t sustainable
• Russell Wilson is still far from the MVP-level passer he was in Seattle
• Winning the Super Bowl as a Wild Card team is a near impossible task