The Las Vegas Raiders haven’t won a playoff game since 2003, but many bettors remain hopeful for a playoff appearance this season. On April 9, DraftKings bettors placed a $25,000 wager on the Raiders to win Super Bowl LX at 100-1 odds, which could pay out $2.5 million if the team secures its first Super Bowl title since 1984.
This offseason, the Raiders made significant changes, including hiring Pete Carroll as head coach to replace Antonio Pierce, trading for quarterback Geno Smith, and selecting Ashton Jeanty with the sixth overall draft pick. Despite these moves, the Raiders face a tough challenge in the AFC West, where the Kansas City Chiefs have dominated with nine consecutive division titles. At BETMGM, the Raiders have the longest odds to score over 7.5 wins and are ranked fourth in playoff odds for the AFC West at 12-1, with overall AFC playoff odds at +310.
In summary, the Raiders have a challenging path to the postseason and are currently listed at 125-1 odds to win the Super Bowl at BetMGM. They will begin their season as 3-point underdogs on the road against the New England Patriots on Sunday, September 7.
Fan Take: This news is significant for NFL fans because it highlights the unpredictable nature of the league and the hopes of a historic franchise trying to reclaim its former glory. If the Raiders can defy the odds, it could shake up the power dynamics in the AFC and bring renewed excitement to the sport.