Betting Experts Tracking the Bears Super Bowl Odds: September 2023

By Matty Simo
Fact Checked by Wes Roesch
Justin Fields

Key Takeaways:

  • The Chicago Bears’ Super Bowl odds are +15000, according to DraftKings Illinois.
  • Using implied probability, the Bears have a 0.7% chance to win Super Bowl LVIII.
  • Among NFC teams, the Bears have the 14th-best odds to win the Super Bowl.

Following their 0-2 start, the Bears are clearly on the ropes in terms of their Super Bowl odds, with roughly 10% of teams losing their first two games making the playoffs since 1970 and only three ever winning the Super Bowl. That obviously does not bode well for their chances of turning things around, especially with a visit to Patrick Mahomes and the defending Super Bowl champion Kansas City Chiefs in Week 3 after losing to Baker Mayfield and the Tampa Bay Buccaneers 27-17 in Week 2. Chicago sits as a double-digit road underdog at Kansas City, although there is some light at the end of the tunnel following that game with matchups against the Denver Broncos, Washington Commanders, Minnesota Vikings and Las Vegas Raiders coming up in the next four weeks after that. Those four opponents have totaled three wins between them through Week 2, and a majority of them have come from the Commanders, who are off to a surprising 2-0 start. Like the Bears, the Broncos and Vikings are also winless, and all three teams could be looking at 0-3 after this Sunday's unfavorable matchups.

This after Chicago finished with the worst record in the NFL last season at 3-14 to earn the No. 1 pick in the NFL Draft but traded that away to the Carolina Panthers in a blockbuster deal to acquire wide receiver D.J. Moore as a top target for franchise quarterback Justin Fields. 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 thanks to the addition of Moore and a few other key free agents. Arguably the biggest weakness on the team was addressed recently with the free-agent signing of veteran defensive end Yannick Ngakoue.

 

Bears Super Bowl LVIII Odds: September 20, 2023

The Bears Super Bowl odds are +15000, according to DraftKings Illinois. That ranks them near the bottom of the league per DraftKings, with only three teams having worse odds. 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+15000
πŸ‘‘ Odds to Win NFC+7500
⭐ Odds to Win NFC North+1300
πŸ”₯ Odds to Make Playoffs+650
❌ Odds to Miss Playoffs-1100

Despite their rich history, the Bears have only hoisted the Vince Lombardi Trophy once. According to Illinois sportsbooks, it doesn't look like that will change in 2023. At +7500, the Bears have the 3rd-worst odds to win the NFC conference, according to DraftKings Illinois, ahead of only the Carolina Panthers (+10000) and Arizona Cardinals (+20000). It is worth noting that Chicago has lost by more points than both Carolina and Arizona through the first two weeks, falling by double digits each time.

The worst part for the Bears is that they blew a chance to improve their odds to win the Super Bowl against a seemingly beatable foe in the Packers, who did just that and now stand at +5000 to take the Vince Lombardi Trophy. The path does not get any easier for Chicago either, with visits to two of the past three Super Bowl champions the next couple weeks.

 

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

Super Bowl Odds

Below are the teams with the best odds to win the Super Bowl at DraftKings Illinois:

🏈 San Francisco 49ers +650
🏈 Kansas City Chiefs +700
🏈 Philadelphia Eagles +750
🏈 Dallas Cowboys +750
🏈 Buffalo Bills +1000
🏈 Miami Dolphins +1300
🏈 Baltimore Ravens +1400
🏈 Cincinnati Bengals +2000
🏈 Detroit Lions +2000
🏈 Cleveland Browns +2200

Bears Super Bowl Odds vs. NFC North

Chicago's odds to win the Super Bowl are dwindling due in part to the continued struggles of third-year QB Justin Fields – and the team's porous defense. Fields has not yet shown he can be a proficient NFL passer even though he remains a dangerous runner whenever he decides to tuck the ball and go. And despite adding some key players on the defensive side of the ball in the offseason such as linebackers Tremaine Edmunds and T.J. Edwards along with defensive end Yannick Ngakoue, the Bears are giving up 32.5 points per game -- the second-highest number in the NFL -- and 383 yards per game (ranked 29th out of 32 teams). One of the biggest hurdles for Fields moving forward will be staying on the field, as his style of play is conducive to injuries. Not only does Fields need to start showing progress quickly before the season gets away from Chicago, but he also must avoid missing time in 2023.

The only positive thing for the Bears that happened in Week 2 does not even involve them but rather the other three teams in the division who all joined them in the losing column. The Detroit Lions (+2000 to win the Super Bowl) suffered a setback in losing at home to the Seattle Seahawks 37-31 in overtime after upsetting the Chiefs on the road in the season opener. The reigning NFC North champion Minnesota Vikings (+7000) fell to the defending NFC champion Philadelphia Eagles 34-28 in the Thursday Night Football matchup and the Green Bay Packers (+5000) lost 25-24 to the Atlanta Falcons.

Bears Week-by-Week Super Bowl Odds

Heading into Week 1 of the 2023 regular season, Chicago was in the middle of the pack at +5000 to win the Super Bowl. However, those odds doubled to +10000 following the team's poor performance versus Green Bay in Week 1. The odds tumbled again after another loss in Week 3, dropping to +15000, and they may not fall much more with the team's record losing streak expected to hit 13 at Kansas City.

Week 1: +5000
Week 2: +10000
Week 3: +15000

Latest Updates Impacting Bears Super Bowl Odds

After a 3-14 season, it was important for the 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“† August 22: Rookie RT Darnell Wright exits practice with an apparent ankle injury.
  • πŸ“† August 21: LG Teven Jenkins is ruled out indefinitely with a leg injury.
  • πŸ“† July 27: The Bears training camp opens.
  • πŸ“† May 22-June 8: The Bears host 10 OTA (organized team activities) practices.
  • πŸ“† May 5-6:  The Bears conduct rookie minicamp.
  • 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 14: RB David Montgomery leaves the team for the Lions in free agency.
  • πŸ—“οΈ March 15: The Bears acquire multiple draft picks and WR D.J. 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 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.

Chicago's odds to win the Super Bowl plummeted as expected following a 27-17 road loss to Tampa Bay in Week 2. The Bears opened at +5000, fell to +10000 after Week 1 and currently sit at +15000. Only the Carolina Panthers (+20000), Houston Texans (+40000) and Arizona Cardinals (+40000) have worse odds, and none of those teams will likely pick up their first victory before Chicago. Stay tuned...

Bears Schedule and Betting Lines

Week 1 vs. Green Bay Packers | L 38-20 (ATS L, Bears -1)
Week 2 at Tampa Bay Buccaneers | L 27-17 (ATS L, Bears +3)
Week 3 at Kansas City Chiefs | +12.5, ML +500
Week 4 vs. Denver Broncos | +1.5, +102
Week 5 at Washington Commanders | TBD
Week 6 vs. Minnesota Vikings | TBD
Week 7 vs. Las Vegas Raiders | TBD
Week 8 at Los Angeles Chargers | TBD
Week 9 at New Orleans Saints | TBD
Week 10 vs. Carolina Panthers | TBD
Week 11 at Detroit Lions | TBD
Week 12 at Minnesota Vikings | TBD
Week 13 BYE | N/A
Week 14 vs. Detroit Lions | TBD
Week 15 at Cleveland Browns | TBD
Week 16 vs. Arizona Cardinals | TBD
Week 17 vs. Atlanta Falcons | TBD
Week 18 at Green Bay Packers | TBD

Chicago's odds to win the Super Bowl figure to plummet even further with another loss in Week 2 while the team's odds would likely only slightly improve with a victory. As it stands now, only the Indianapolis Colts (+15000), Houston Texans (+30000) and Arizona Cardinals (+40000) have worse odds. Could the Bears' odds double yet again with another setback?

Key Contributors Toward Bears Super Bowl Odds

The biggest key on the field for the Bears is obviously Justin Fields, who entered Week 1 as a dark horse candidate to win NFL MVP with the ninth-best odds on the betting board at DraftKings at +2000. Fields went to +5000 after Week 1 and those odds doubled to +10000 with the team's 0-2 start.

On the sideline, Bears head coach Matt Eberflus is no longer in the running for Coach of the Year honors either and is now clearly at the opposite end of the spectrum at +10000. Eberflus was surprisingly +1400 a week ago after one loss, but he and Brian Daboll of the New York Giants are bringing up the rear in terms of the worst odds on the betting board through two weeks. Daboll won Coach of the Year last season and has a lot of work to do with the 1-1 Giants this year as well.

Where Can I Bet on the Chicago 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. BetMGM Sportsbook currently lists the Chicago Bears' odds to win the Super Bowl at +25000 -- the longest odds among those mentioned.

With sports betting legal in the state of Illinois, Chicago fans in the Windy City should not 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.

Bears Super Bowl LVIII Outlook and Predictions

The Super Bowl outlook for the Chicago Bears is very bleak at this point. Before the season kicked off, the Bears were favored to beat both the Green Bay Packers AND Tampa Bay Buccaneers. Chicago won neither of those games and next faces an opponent that is expected to win and win BIG. With tight end Travis Kelce and defensive tackle Chris Jones back in the lineup, the Kansas City Chiefs are the most formidable foe on the rest of the schedule for the Bears, so covering the spread would be considered a moral victory. That said, their Super Bowl odds are not expected to dip much more with an 0-3 start.

Looking ahead though, Chicago should get some relief. Two of the team's next three opponents are also winless at 0-2 and may be 0-3 after this week's action. The Bears defeating the Chiefs would be a major upset, and their odds would definitely improve in that case. Regardless, the best they can hope for is to play a competitive game at Kansas City, with Fields taking steps in the right direction and the defense playing better. They desperately need something positive to build upon going into Week 4.

 
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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 a league-best 15-1 during the regular season. After shutting out the New York Giants and Los Angeles Rams in the playoffs, Chicago rolled past New England in one of the most lopsided Super Bowls ever, with defensive end Richard Dent taking home the game’s MVP trophy.

How Many Super Bowls Have the Chicago Bears Won?

As noted earlier, the Bears have won just one Super Bowl, despite winning eight NFL championships before the AFL-NFL merger. A 46-10 victory over the 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. Chicago ranks second all-time with nine total titles, including the Super Bowl win.

Which Years Did the Bears Go to the Super Bowl?

  • 1985-86: Bears won Super Bowl XX vs. the New England Patriots 46-10
  • 2006-07: Bears lost Super Bowl XLI to the Indianapolis Colts 29-17

How Many Times Have the Bears Been to the NFC Championship Game?

The Chicago Bears have been to the NFC Championship Game five times during their storied history, which is a far cry away from how they performed in the postseason prior to the AFL-NFL merger en route to winning eight NFL championships. The Bears are 2-3 in those five NFC title game appearances, with two of the three losses coming to the San Francisco 49ers on their way to winning two of their five Super Bowls.

The last NFC Championship Game for Chicago came following the 2010 regular season when the team won the NFC North over Green Bay but lost to its bitter rival for the right to go to the Super Bowl. The Packers went on to win the Super Bowl that year, so all three NFC title game losses came vs. the eventual champs.

Bears Preseason 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 held 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 2019 when it began the year with +1200 odds. That season, however, the Bears finished just 8-8.

Bears Super Bowl Odds FAQs

Author

Matty Simo is a Las Vegas-based writer who has resided there for more than 20 years and covered sports since the age of 16 in suburban Chicago. "Vegas Matty" (as he is known in Sin City) has been involved in the sports gambling scene since graduating from Syracuse University, writing betting articles and helping grow Vegas football contests through his popular proxy service. He is an avid fan of the Vegas Golden Knights, Las Vegas Raiders and Las Vegas Aces, adopting them as his favorite teams upon their arrival.

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