Looking Ahead: 2012 Super Bowl Odds

Like the Vegas sports books, these fans are eternally optimistic about the Cowboys.

Back in May of last year, the Vegas sports books had the Cowboys down as 10/1 favorites to win the 2011 Super Bowl. We all know how that turned out.

After a 6-10 season, you would think that the odds of the Cowboys winning the next Super Bowl in 2012 would have declined drastically. As it turns out, that depends on your definition of 'drastic'.

Sportsbook.com has the Cowboys at 18/1 to win the 2012 Super Bowl. That translates into a 5.6% chance to win the Super Bowl, which is ties the Cowboys for the 11th best odds in the league with the Colts and the Bears. Last year they were tied for the fifth best odds with the Packers and Vikings.

Not quite unsurprisingly, the Eagles and Giants have better odds than the Cowboys to win it all in 2012, meaning Vegas likes the Cowboys to finish third in the division. The full odds for all NFL teams after the break.

 Super Bowl Odds, 2012 and 2011

Team & Rank

2012 Super Bowl

Odds per Feb 1st, 2011

2011 Super Bowl

Odds per May 27th, 2010

Change
1 Patriots 20.0% (5/1) 8.3% (12/1) 11.7%
2 Packers 16.7% (6/1) 10.0% (10/1) 6.7%
3 Steelers 12.5% (8/1) 8.3% (12/1) 4.2%
4T Chargers 8.3% (12/1) 12.5% (8/1) -4.2%
4T Jets 8.3% (12/1) 8.3% (12/1) - -
4T Ravens 8.3% (12/1) 11.1% (9/1) -2.8%
7T Eagles 6.7% (15/1) 5.0% (20/1) 1.7%
7T Falcons 6.7% (15/1) 4.0% (25/1) 2.7%
7T Giants 6.7% (15/1) 5.0% (20/1) 1.7%
7T Saints 6.7% (15/1) 11.1% (9/1) -4.4%
11T Bears 5.6% (18/1) 4.0% (25/1) 1.6%
11T Colts 5.6% (18/1) 14.3% (7/1) -8.7%
11T Cowboys 5.6% (18/1) 10.0% (10/1) -4.4%
14T Buccaneers 3.3% (30/1) 1.0% (100/1) 2.3%
14T Chiefs 3.3% (30/1) 1.0% (100/1) 2.3%
16 Texans 2.9% (35/1) 3.3% (30/1) -0.4%
17T 49ers 2.5% (40/1) 5.0% (20/1) -2.5%
17T Dolphins 2.5% (40/1) 4.0% (25/1) -1.5%
19 Vikings 2.5% (40/1) 10.0% (10/1) -7.5%
20T Lions 2.0% (50/1) 1.0% (100/1) 1.0%
20T Raiders 2.0% (50/1) 1.0% (100/1) 1.0%
22T Bengals 1.7% (60/1) 2.5% (40/1) -0.8%
22T Broncos 1.7% (60/1) 1.7% (60/1) - -
22T Browns 1.7% (60/1) 1.0% (100/1) 0.7%
22T Jaguars 1.7% (60/1) 1.0% (100/1) 0.7%
22T Rams 1.7% (60/1) 1.0% (100/1) 0.7%
22T Redskins 1.7% (60/1) 2.0% (50/1) -0.3%
22T Titans 1.7% (60/1) 3.3% (30/1) -1.6%
29T Cardinals 1.0% (100/1) 1.7% (60/1) -0.7%
29T Seahawks 1.0% (100/1) 2.0% (50/1) -1.0%
31 Bills 0.5% (200/1) 1.0% (100/1) -0.5%
32 Panthers 0.3% (300/1) 1.7% (60/1) -1.4%

As far as the Cowboys have dropped versus last year, it looks like Vegas still likes them to at least make the playoffs in 2012. What do you think, is the 11th spot a fair ranking? And which other teams remain over- or underrated?

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