What are the current vegas odds for the broncos to win the superbowl?
Executive summary
The Denver Broncos’ Super Bowl futures are shifting in real time: major sportsbooks quoted in recent reporting range from roughly +750 at BetMGM to about +1,100 at the DraftKings-linked board cited by Fox Sports, a spread that reflects market reaction to Bo Nix’s broken ankle and subsequent quarterback uncertainty [1] [2] [3]. That volatility — large directional moves after the Divisional Round — is as newsworthy as any single number because it exposes how quickly odds respond to injuries and large liability bets [4] [3].
1. Current prices on the board — not one number but a band
There is no single “Vegas” number; different books are pricing Denver differently: BetMGM’s listing reported by Rotowire shows the Broncos at about +750 to win the Super Bowl [1], while Fox Sports’ check of DraftKings’ futures places Denver at +1,100 as of Jan. 21, 2026 [2]. VegasInsider and other market trackers have recorded intermediate figures — for example, a +900 line that BetMGM once accepted as a large wager — underscoring that the market is a range rather than a fixed quote [4].
2. Why the spread widened: the Bo Nix injury and substitute quarterback risk
The primary, consistently cited driver behind Denver’s downgrades is the broken ankle suffered by starter Bo Nix late in the Broncos’ Divisional win; sportsbooks and analysts immediately re-priced Denver’s futures to account for Jarrett Stidham starting in the AFC Championship — a move that pushed lines dramatically against Denver [2] [3]. Betting shops and oddsmakers publicly warned that Denver’s postseason ceiling fell with its quarterback uncertainty, which explains the sharp movement from as low as +370 after a win to the four-figure territory on some books [3] [2].
3. Market mechanics and noteworthy bets that skew perception
Large, identifiable wagers have also shaped public coverage: VegasInsider reported BetMGM took two six-figure bets on Denver futures in December — $100,000 at +900 for the Super Bowl and another $100,000 at +350 for the AFC title — showing how single large positions can create headline shifts or brief discrepancies between books [4]. Sportsbooks hedge and adjust lines both to balance liability and reflect new information; that’s why consensus markets (composites across books) can differ materially from an individual book’s price [4] [5].
4. How other outlets present the picture and why they differ
Media trackers produce different snapshots: Fox Sports quoted DraftKings’ +1,100 number [2], Rotowire reproduced BetMGM’s roughly +750 line [1], and sportsbooks like FanDuel or DraftKings publish their own interactive boards that may update faster than roundups can capture [6] [5]. ESPN and The Athletic focused on the narrative impact — Denver’s top seed and dominant defense versus the quarterback downgrade — which explains why odds stories are often framed less as raw price lists and more as story-driven market reactions [3] [7].
5. Bottom line for someone tracking “Vegas odds” right now
The actionable answer: there is no single universal “Vegas” price; the Broncos’ Super Bowl odds sit in a band from roughly +750 (BetMGM) to around +1,100 (DraftKings as cited on Fox), with intermediate prints like +900 also reported — and those figures have moved steeply since Bo Nix’s injury [1] [2] [4] [3]. For the most precise, up-to-the-minute quote the market offers, consult the specific sportsbook of interest (DraftKings, BetMGM, FanDuel, etc.), recognizing that the line one sees can differ from a competitor’s by several hundred odds points depending on risk and hedging activity [5] [6].