Denver Broncos Super Bowl Odds 2023

The current Super Bowl odds for the Denver Broncos are . The Broncos made a massive splash in the offseason by picking up veteran quarterback Russell Wilson from the Seattle Seahawks. Wilson was viewed as a great addition to a team that struggled to find stability in the quarterback position after Payton Manning retired. The pull of Wilson improved the Denver Broncos Super Bowl odds from +2200 in 2021 to +1600 for the 2022-2023 season, but adding the Super Bowl-winning quarterback has proven to be a non-factor. The Broncos’ free agency additions centered around fixing the offensive and defensive line, but the results generally haven’t been there.

Denver Broncos Super Bowl Odds & Futures

Broncos Super Bowl and AFC West odds both skyrocketed after the team acquired Russell Wilson in March. The hope was that Denver could vault itself into divisional contention with a stable quarterback situation and a strong defense, but their odds have tanked ever since.

Denver Broncos Super Bowl Odds Analysis

It wasn’t hard to see why the Broncos were viewed as a team that could make a serious leap coming into the season. A team with a strong defense that was believed to be a quarterback away from contention went out and added a franchise quarterback with the trade for Russell Wilson. Denver also hired Nathaniel Hackett as its head coach after Hackett helped power Aaron Rodgers to back-to-back MVP awards. 

Neither addition has worked out. In fact, that may be underselling it. The Broncos have a historically bad offense – bad enough that blame can’t be assigned to any single person. Hackett looks overmatched as a head coach, but Wilson simply hasn’t done his job well, either. A torn ACL for Javonte Williams eliminated any hope the Broncos had of running their offense through the rushing attack, and Wilson hasn’t shown any signs that he can run an effective offense by himself. 

Even with one of the worst records in the AFC, the Broncos’ defense has been terrific. Patrick Surtain II has emerged as a top-tier cornerback, while Baron Browning also looked like a breakthrough player before an injury. A midseason trade of Bradley Chubb thinned Denver’s pass-rush attack but did help the Broncos restock some of their draft capital. The dominance of this group has kept the Broncos in more close games than the offense deserves and remains something to build around going forward. 

Unfortunately, even a shocking turnaround late in the season won’t put the Broncos in position to win a championship or even reach the playoffs. They’ve played themselves into too deep of a hole to climb that far, leaving the franchise with more questions than answers heading into 2023.

It will be worth watching what the Broncos’ Super Bowl odds will be ahead of next season. If Denver fires Hackett and hires a more proven coach while adding offensive talent around Wilson, could the promise of a better offense along with one of the NFL’s best defenses be enough to entice some bettors? That’s an attractive combination, even if it’s exactly what fans were thinking entering the 2022 season. 

Without clear improvement from Russell Wilson, though, it will be risky to place any futures bets on the Broncos. This season has proven Wilson is part of the problem in Denver, and as he gets older, the fix may not be as simple as making a few changes around him.

Denver Broncos Strengths & Weaknesses

Strengths

• Patrick Surtain II looks like a star in the secondary
• The defense has unheralded players like Baron Browning
• DC Ejiro Evero is quickly becoming one of the NFL’s top assistants

Weaknesses

• Russell Wilson’s decline might be permanent
• Nathaniel Hackett looks overmatched as a head coach
• Non-existent running game without Javonte Williams