Super Bowl Odds 2012: Latest Predictions for Final 4 Teams

Super Bowl XLVI is just 20 days away, and four teams are still alive in potentially reaching Lucas Oil Stadium in Indianapolis.

Cantor Gaming has established its betting odds for each participant to win or lose out on the opportunity to lift the Lombardi Trophy.

Let's take a look at the futures market from a betting perspective and find out where the early money is being directed.

Baltimore Ravens

Baltimore Ravens backers have to ask themselves if they are willing to back quarterback Joe Flacco to win the Super Bowl.

There's no question that linebacker Ray Lewis and the rest of the defense will have its hands full with the New England Patriots offense, which will place added pressure on the fourth-year signal-caller out of Delaware.

The Ravens are certainly capable of pulling off a Sunday upset in Foxborough, but the remaining NFC teams match up pretty well with the AFC North champions.

Yes (+550)

No (-750)

New York Giants

The New York Giants are the only team in this proposition wager that has drawn enough action to move the betting odds Monday afternoon, which isn't much of a surprise due to their dominant performances against the Atlanta Falcons and Green Bay Packers.

Considering I've made the Giants just a one-point road underdog against the 49ers this weekend—value is certainly available here.

Quarterback Eli Manning gives New York a major edge under center in this contest.

Yes (+310)

No (-380)

San Francisco 49ers

The San Francisco 49ers nearly coughed up a 17-0 lead against the New Orleans Saints, as they continue to force opponents into making turnovers.

That's something that defenses have often relied upon when facing New York Giants quarterback Eli Manning, but he's been taking care of the football this season.

There's no question that casual bettors are going to overlook this squad at the betting window.

I have great respect for 49ers first-year head coach Jim Harbaugh, who knocked out my preseason Super Bowl pick in the divisional round.

Yes (+260)

No (-320)

New England Patriots

The New England Patriots are holding steady as 7.5-point home favorites against the Baltimore Ravens in the AFC Championship Game, causing this particular prop offering to offer little to no value.

Patriots quarterback Tom Brady is nearly unbeatable inside Gillette Stadium especially in the playoffs, but he'll have to get past a ferocious defense.

There's really no value in betting either side of this proposition wager—unless you expect the Super Bowl favorites to go down Sunday.

Maybe I just talked myself into taking a negative approach.

Yes (+110)

No (-130)