Betting Experts Tracking the Bears Super Bowl Odds: May 2023

By Mike Ferguson
Fact Checked by Shannon Lane
Justin Fields Celebrates

Key Takeaways:

  • The Bears’ Super Bowl odds are +5000, according to DraftKings Illinois.
  • Using implied probability, the Bears have a 2% chance to win Super Bowl LVIII.
  • Among NFC teams, the Chicago Bears have the eighth-best odds to win the Super Bowl.

The Chicago Bears finished with the worst record in the NFC last season at 3-14. The Bears are looking for their first playoff appearance since 2020, first playoff win since 2010 and their first winning season since 2018.

Chicago is coming off its worst season in franchise history since 1969. For perspective’s sake, that was two years after Hall of Famer George Halas retired. However, optimism is high this offseason as Chicago enters its second season under Matt Eberflus

 

Bears Super Bowl LVIII Odds: May 31, 2023

The Bears Super Bowl odds are +5000, according to BetMGM Illinois and DraftKings Illinois. That ranks them No. 18 in the NFL per BetMGM and No. 19 per DraftKings. FanDuel Illinois and BetRivers Illinois have the Bears Super Bowl odds at the slightly longer +6000. They rank No. 24 in FanDuel's odds and No. 20 in BetRivers'. Below is a look at Chicago’s odds to make noise throughout the playoffs this season, all according to DraftKings:

πŸ† Odds to Win SBLVIII+5000
πŸ‘‘ Odds to Win NFC+3000
⭐ Odds to Win NFC North+380
πŸ”₯ Odds to Make Playoffs+160
❌ Odds to Miss Playoffs-190

Despite its rich history, the Bears have only hoisted the Vince Lombardi Trophy just once. According to Illinois sportsbooks, it doesn't look like 2023 will be the season to add another. At +3000, the Bears have the 10th-best odds to win the NFC conference, according to DraftKings Illinois. BetMGM's odds of +2200 rank them No. 8 to win the NFC. FanDuel and BetRivers both have the Bears' odds to win the NFC at +2500, which ranks them both 10th.

The NFC North is not particularly competitive this season. With the Vikings potentially entering a rebuild and QB Aaron Rodgers out of Green Bay, the Lions look to be the frontrunners in a division that had just one team reach the postseason last year. The Bears currently have the third-best odds behind Detroit and Minnesota, according to DraftKings. FanDuel and BetRivers both have the Bears at +350 odds to win the NFC North, which has them in third place. BetMGM's +325 odds are good enough for second place in the division. 

You can track the Bears playoff chances all season long with IllinoiBets.com.

Latest Updates Impacting Bears Super Bowl Odds

After a 3-14 season, it was important for the Chicago Bears to upgrade their roster, which they did at several key positions. Here is a look at the notable moves made thus far this offseason. 

  • πŸ—“οΈ April 29: The Bears' Day 3 draft picks include Texas RB Roschon Johnson, Cincinnati WR Tyler Scott, Oregon LB Noah Sewell, Minnesota CB Terell Smith, Kennesaw St. DT Travis Bell and Stanford safety Kendall Williamson
  • πŸ—“οΈ April 28: Florida DL Gervon Dexter, Miami CB Tyrique Stevenson and South Carolina DT Zacch Pickens are selected on Day 2 of the draft.
  • πŸ—“οΈ April 27: The Bears select Tennessee tackle Darnell Wright with the No. 9 overall pick in the 2023 NFL Draft.
  • πŸ—“οΈ March 16: The Bears sign former Panthers RB D’Onta Foreman, who led the team with 914 yards rushing and five touchdowns last season, and former Packers TE Robert Tonyan.
  • πŸ—“οΈ March 15: The Bears acquire multiple draft picks and WR DJ Moore from the Panthers in exchange for the No. 1 overall pick. Moore has three seasons with 1,100-plus yards receiving in five years.
  • πŸ—“οΈ March 15: The Bears sign two-time Pro Bowl LB Tremaine Edmunds, former Titans DL DeMarcus Walker and former Eagles LB T.J. Edwards.
  • πŸ—“οΈ March 14: RB David Montgomery leaves the team for the Lions in free agency.

Perhaps the Bears most significant move came with their trade of the No. 1 overall pick in March. The swap gave young QB Justin Fields another target with WR DJ Moore. The Bears also poached members of the NFC champion Eagles' defense in Tremaine Edmunds and T.J. Edwards. As the offseason continues, this page will be updated. Bookmark it and check back for updates as Chicago makes more moves.

Preseason Bears Super Bowl Odds Every Year Since 2000

The Chicago Bears are hardly among the top contenders to win the Super Bowl this season, according to Illinois sportsbooks. Here’s a look back at the preseason odds for Chicago in the past: 

πŸ“† 2022-2023Preseason Odds = +15000
πŸ“† 2021-2022Preseason Odds = +6600
πŸ“† 2020-2021Preseason Odds = +5000
πŸ“† 2019-2020Preseason Odds = +1200
πŸ“† 2018-2019Preseason Odds = +6000
πŸ“† 2017-2018Preseason Odds = +10000
πŸ“† 2016-2017Preseason Odds = +8000
πŸ“† 2015-2016Preseason Odds = +8000
πŸ“† 2014-2015Preseason Odds = +2500
πŸ“† 2013-2014Preseason Odds = +3300
πŸ“† 2012-2013Preseason Odds = +2200
πŸ“† 2011-2012Preseason Odds = +2800
πŸ“† 2010-2011Preseason Odds = +4000
πŸ“† 2009-2010Preseason Odds = +2000
πŸ“† 2008-2009Preseason Odds = +4000
πŸ“† 2007-2008Preseason Odds = +1400
πŸ“† 2006-2007Preseason Odds = +1600
πŸ“† 2005-2006Preseason Odds = +6000
πŸ“† 2004-2005Preseason Odds = +4500
πŸ“† 2003-2004Preseason Odds = +3500
πŸ“† 2002-2003Preseason Odds = +2500
πŸ“† 2001-2002Preseason Odds = +7500
πŸ“† 2000-2001Preseason Odds = +4000

At +5000, the Bears actually hold their best preseason odds since 2020. For those Windy City optimists, the Bears did make the playoffs that season. The last time that Chicago held better odds was in 2014 when it began the year with +2500 odds. That season, however, the Bears finished just 5-11.

Where Can I Bet on the Bears to Win the Super Bowl?

Odds are available at a number of Illinois sportsbooks for the Chicago Bears to win the Super Bowl. DraftKings Illinois currently offers props for the Bears to do the following: win the Super Bowl, win the NFC, win the NFC North and to make the playoffs. BetMGM, FanDuel, and Caesars Sportsbook are three of the other most-trusted sportsbooks in the state. FanDuel Sportsbook currently lists Chicago at +6000 – the longest odds among those mentioned.

With sports betting legal in the state of Illinois. Chicago fans in the Windy City shouldn’t have to go far to wager on the Bears or any of the NFL’s 32 teams to win Super Bowl LVIII. There are also plenty of Chicago sportsbooks you can bet at in person as well.

 
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Bears Super Bowl History

Despite their long history in the NFL as one of the founding franchises, the Chicago Bears have made the Super Bowl just twice. Chicago is 1-1 in those contests. The Bears blew out the New England Patriots in Super Bowl XX by a score of 46-10. In Super Bowl XLI, Chicago lost to the Indianapolis Colts, 29-17.

Have the Bears Ever Won the Super Bowl?

Yes, the Bears have won one Super Bowl. The 1985 Chicago Bears featured one of the most tenacious defenses in NFL history. Under head coach Mike Ditka and defensive coordinator Buddy Ryan, the Bears went 15-1 during the regular season. After shutting out the New York Giants and Los Angeles Rams in the playoffs, Chicago rolled past the New England Patriots in Super Bowl XX, 46-10. Defensive end Richard Dent was named the game’s MVP. 

How Many Times Have the Bears Won the Super Bowl?

The Bears have won just one Super Bowl, despite winning eight championships before the AFL-NFL merger. A 46-10 victory over the New England Patriots in Super Bowl XX served as the largest margin of victory in Super Bowl history at the time. The Bears lost to the Indianapolis Colts in their only return trip, 29-17.

How Many Super Bowls Have the Bears Won?

The Bears have won one Super Bowl. Chicago’s 46-10 rout of the New England Patriots in Super Bowl XX remains the lone victory for the Bears on Super Sunday. The Bears returned to the Super Bowl 21 years later but were defeated by Peyton Manning and the Indianapolis Colts. 

Have the Bears Ever Been to the Super Bowl?

Yes, the Bears have twice been to the Super Bowl, splitting those two contests. The Bears rolled past the Patriots in Super Bowl XX by a 46-10 margin. Their only return trip came during the 2006 season when they fell to the Colts in Super Bowl XLI by a score of 29-17. 

Bears Super Bowl Odds FAQs

Author

Mike Ferguson is a football betting analyst for IllinoisBet.com. Mike spends his days browsing the latest lines for all the top NFL football betting markets to find storylines curated specifically for sports bettors in IL. Mike will also turn his attention to NBA, MLB or NHL betting lines that Illinois sports bettors might be interested in but football odds are Mike's expertise.

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