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NFL odds: Seahawks the current betting favorites to win Super Bowl

NFL odds: Seattle Seahawks, New England Patriots the early betting favorites to win Super Bowl XLIX

The defending Super Bowl champions and the last team to repeat as the champions are still the top two betting favorites to win Super Bowl XLIX heading into Sunday’s conference championship games.

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The NFC’s Seattle Seahawks are the 5/4 favorites to win their second straight Super Bowl at sportsbooks monitored by OddsShark.com, while the AFC’s New England Patriots are the 9/5 second choice. The Patriots won back-to-back Super Bowls in 2004 and '05, and the odds of them facing the Seahawks in this season's championship sits at 10/13.

New England is the 1/3 favorite to win the AFC Championship Game against the Indianapolis Colts, who upset the Denver Broncos on Sunday as 9.5-point road underdogs. The Patriots knocked out the Baltimore Ravens 35-31 on Saturday, but did not cover the spread as seven-point home favorites on the NFL betting lines. The Colts lost to New England 42-20 at home as three-point chalk back in Week 11, and they are 7/1 to win the Super Bowl, the longest odds of any of the four remaining teams.

Meanwhile, Seattle is an overwhelming 4/13 favorite to win the NFC Championship Game in a rematch of their NFL regular-season opener against the Green Bay Packers.

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The Seahawks crushed the Packers 36-16 in the earlier meeting at home on Sept. 4, the first time they squared off since the infamous “Fail Mary” game in 2012. Green Bay surrendered a controversial touchdown to former Seattle wide receiver Golden Tate on that game’s final play and last Sunday got the benefit of a call reversal in a 26-21 home victory over the Dallas Cowboys. Dallas WR Dez Bryant had a key catch reversed late in the fourth quarter on a fourth-down play that could have led to the game-winning touchdown. Instead, the Packers survived with hobbled QB Aaron Rodgers turning in another courageous effort in leading them to a comeback win, but they failed to cover as 5.5-point favorites. Green Bay is 11/2 to win the Super Bowl. 

The Packers and Patriots also met in Week 13 at Lambeau Field, and the possibility of a rematch between them is worth 4/1 odds. Green Bay edged New England 26-21 as a 1.5-point favorite, and the teams previously faced each other in the postseason in the 1997 Super Bowl, with the Packers winning 35-21 as 14-point chalk. Other potential 2015 Super Bowl matchups bettors can wager on include the Seahawks vs. Colts (13/4) and the Packers vs. Colts (9/1), which is the longshot on the board.