The NFL AFC race looks like a genuine coin flip at the top, with Bovada listing the Buffalo Bills and Baltimore Ravens as co-favorites to represent the conference in the Super Bowl, both priced at +500.
Few conferences have looked this unsettled in years. Where the NFC has a clearer hierarchy, the AFC futures market reflects a genuine free-for-all among six or seven teams that all have legitimate paths to the Super Bowl come February.
2026 NFL AFC Winner Odds: Full List
- Buffalo Bills +500
- Baltimore Ravens +500
- Kansas City Chiefs +750
- Los Angeles Chargers +800
- New England Patriots +800
- Houston Texans +800
- Denver Broncos +1000
- Cincinnati Bengals +1000
- Jacksonville Jaguars +1400
- Pittsburgh Steelers +2500
- Indianapolis Colts +2800
- Tennessee Titans +5500
- Las Vegas Raiders +7500
- Cleveland Browns +9000
- New York Jets +9000
- Miami Dolphins +15000
Note: Odds are subject to change and are provided by Bovada.
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Bills and Ravens Top NFL AFC Winner Odds Market
There’s a reason the market refuses to separate Buffalo and Baltimore.
Both franchises have been fixtures near the top of the AFC for years, and both enter the season with the kind of quarterback play that keeps a team in the championship conversation regardless of roster question marks elsewhere.
Josh Allen has been the engine behind Buffalo’s sustained run of AFC East titles, while Lamar Jackson’s blend of efficiency and explosiveness keeps Baltimore’s ceiling as high as anyone’s in the conference.
What’s notable is how tightly bunched the next tier sits behind them. Kansas City at +750 is a reminder that betting against Patrick Mahomes in the AFC rarely ends well, no matter how the roster shakes out year to year.
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A Three-Way Cluster Adds Even More Uncertainty
The Chargers, Patriots and Texans are all priced identically at +800, an unusual level of agreement from oddsmakers on three teams with very different profiles.
Los Angeles has quietly built one of the more complete rosters in the conference under Jim Harbaugh, who is at +2000 in the NFL Coach of the Year Odds, while New England’s rise behind a retooled coaching staff has been one of the more encouraging developments of the offseason.
Houston rounds out the group, still leaning on a defense capable of controlling games even when the offense hits rough patches.
A step behind, Denver and Cincinnati share a price of +1000, giving the market eight teams within a tight band before any real separation shows up on the board.
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A Long Way Down to the Rest of the Field
After Jacksonville’s +1400 mark, the board drops off in a hurry.
Pittsburgh and Indianapolis sit as distant longer shots at +2500 and +2800, respectively, teams that would need a lot to break right to seriously threaten the top of the conference.
From there, it’s mostly a formality.
Tennessee, Las Vegas, Cleveland, the Jets and Miami round out the board at +5500 or worse, reflecting rosters still very much in transition or rebuilding phases.
Barring a major surprise, the AFC picture figures to be shaped by the crowded group at the top, and it wouldn’t be shocking to see plenty of movement on this board once teams start settling into their identities over the first month of the season.
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