Despite having an excellent offseason, the Denver Broncos’ odds to win Super Bowl LV in 2021 haven’t improved since January.
Denver still has +5000 (50/1) odds to win the NFL’s championship game this season. Placing a $5 bet on the Broncos to win with those odds could win $255 (including the stake), according to BetMGM.
Denver added two speedy receivers — Jerry Jeudy and KJ Hamler — and Pro Bowl running back Melvin Gordon on offense and added cornerback A.J. Bouye and defensive lineman Jurrell Casey on defense this year.
Those additions should improve the Broncos’ chances of reaching the playoffs but oddsmakers aren’t too optimistic that Denver could reach (and win) the Super Bowl this season.
Broncos quarterback Drew Lock will be entering his second year in the league and he has 65/1 odds to win the NFL MVP Award in 2020.
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