The Seattle Seahawks opened as the early favorites to repeat as Super Bowl champions, with Kalshi's prediction markets pricing their chances at 13% (13 cents), making them the highest-valued team for next year's championship.
If you also want to get in on the action, Kalshi offers a variety of markets. Kalshi is offered in most states and allows users to make predictions across several unique markets, including sports, politics, and entertainment.
2027 Super Bowl Odds, Predictions
The odds above reflect Kalshi's market, but traditional sportsbooks paint a similar picture. DraftKings has both Seattle and the Los Angeles Rams co-favored at +950 odds (9.5% implied probability), while BetMGM opened the Seahawks at +800 (11% chance). The Bills follow closely behind at +1100, with the Eagles, Patriots, and Ravens all tied at +1300.
The dramatic shift from long-shot to favorite reflects Seattle's stunning championship run. Sam Darnold led a Seahawks team that opened the 2025-26 season at 60-to-1 odds, making their Super Bowl 60 victory over New England all the more remarkable. The 29-13 triumph showcased Seattle's dominant defense and the continued development of young stars like wide receiver Jaxon Smith-Njigba and cornerback Devon Witherspoon.
Prediction market data reveals interesting betting patterns across all 32 teams, with significant volume concentrated among the top contenders. The Chiefs and Chargers sit at long +1500 odds despite recent success, while traditional powerhouses like the 49ers have fallen to +1700.
The early market activity suggests bettors are buying into Seattle's success being sustainable under Mike Macdonald, with Darnold still just 28 years old and the core defensive unit intact. However, history shows that repeating a championship is extremely difficult.
What is Kalshi
Different than a traditional sportsbook and available in most states, Kalshi allows users to make predictions across several unique markets, including sports, entertainment, elections, and even weather.
Kalshi operates on a contract-based system where users buy "contracts" (priced between 1-99 cents) based on whether they believe a specific event will happen. The price of each contract fluctuates in real time based on market sentiment and like the stock market, traders can sell positions early to lock in profits (or minimize losses).
