Odds makers did not make many adjustments to the Super Bowl 50 futures boards when it was released this past Sunday, even though a number of free agents moves were confirmed, but not yet finalized.
However, after the free agent and trade frenzy on Tuesday afternoon and into Wednesday, odds makers had to make a number of adjustments. According to Bovada and betonline, this many adjustments at this time of year are unparalleled.
Seattle was involved in a huge trade when they acquired Jimmy Graham the talented quarterback from the New Orleans Saints. The trade was a shock to most people and the Seahawks went from 6 to 1 to 5 to 1 and a co-favorite with the New England Patriots to win Super Bowl 50.
Indianapolis made a significant move with its acquisition of Trent Cole a defensive end from Philadelphia and the signing of Andre Johnson and Frank Cole two veteran free agents. The acquisitions shortened the odds for the Colts to 12 to 1 from 15 to 1 and eventually all the way to their current 10 to 1.
Others that had their odds shortened included the New York Jets who signed Darrelle Revis to a free agent contract. According to topbet and sportsbook.com, the odds for the Jets shortened from 100 to 1 to 40 to 1.
Two teams saw their odds lengthened following the frenzy of activity on Tuesday.
The Philadelphia Eagles who traded quarterback Nick Foles for quarterback Sam Bradford saw their odds lengthened to 30 to 1 from 25 to 1. However, there are rumors that the Eagles could use their new QB to trade up and take Marcus Mariota in the draft.
The San Francisco 49ers saw their odds grow from 25 to 1 to 40 to 1 after losing top players Patrick Willis and Justin Smith to retirement and Frank Gore to free agency. The team has a new head coach and a new system to learn hence the movement of the odds.
Odds are that there will be other adjustments as other big name free agents sign and trades are made. Following this frenzy of activity, the NFL Draft will be the next place that movement of the odds could take place.
Super Bowl 50 Odds
Seattle Seahawks 5 to 1
New England Patriots 5 to 1
Green Bay Packers 7 to 1
Denver Broncos 10 to 1
Indianapolis Colts 10 to 1
Dallas Cowboys 15 to 1
Baltimore Ravens 25 to 1
Pittsburgh Steelers 25 to 1
New York Giants 28 to 1
Philadelphia Eagles 28 to 1