How Broncos Super Bowl Odds Moved After Russell Wilson Trade, Plus Seahawks, Chiefs, Chargers & More
David Berding/Getty Images. Pictured: Russell Wilson #3 of the Seattle Seahawks.
According to ESPN and multiple reports, the Broncos are acquiring Wilson in a trade with the Seattle Seahawks. It has forced an instant reaction from the betting market.
The Broncos were already relatively short in the Super Bowl market due to quarterback rumors. Most books pulled the odds off the board, but PointsBet made an initial adjustment from +2200 following the Rodgers news to +1700 with the Wilson news.
DraftKings remained at +2500 for Denver to win the Super Bowl.
Seattle was +1700 to win the NFC following the trade before odds were pulled down across the board.
Betting odds were also available prior to the trade on where Wilson would play next year. Denver opened +2500 but was +500 on Tuesday morning.
This move shakes up the AFC West, where the Broncos hope to compete with Patrick Mahomes and the Kansas City Chiefs as well as Justin Herbert and the Los Angeles Chargers. Don’t forget the Las Vegas Raiders and Derek Carr made the playoffs in 2021.
The Chiefs were massive -175 favorites to win the division as recently as a week ago. Those odds have dropped to -115 at FanDuel since news of Wilson’s trade.
The Broncos have jumped up from +430, third-best favorites to +260, second-best favorites in the division.
The Chargers went from +430 to +400.
Drew Lock is reportedly part of the deal going back to the Seahawks, who obviously will be on the lookout for a new quarterback.