The matchup, which pits the league's top offense in Denver against the top defense in Seattle, figures to be a tough one for bettors to take sides in, though. Both teams have been dominant all season and unlike many Super Bowl matchups that end up being duds, this has all the makings of an instant classic.
Of course, the grand stage of the Super Bowl means that bettors won't be limited to the traditional spread, money line and over/under action that comes with a normal game. Fans can raise the stakes of the big game with a myriad of prop bets as these two juggernauts take center stage.
Here's a look at some of the latest odds surrounding the game. (Note: All odds and prop bets from Bovada.)
When: Sunday, Feb. 2 at 6:25 p.m. ET
Where: MetLife Stadium, East Rutherford, N.J.
Live Stream: FoxSports.com
Spread: Broncos (-3)
Money Line: Seattle (+115), Denver (-135)
The fact that the Broncos are favored in this one shouldn't be a surprise. They've been red-hot throughout the playoffs and looked nearly unbeatable in the AFC Championship Game.
Who will win the Super Bowl?
While both teams came into the playoffs with a 13-3 record in the regular season, it's the Broncos who have looked more immortal than the Seahawks. While the 'Hawks were engaged in a dogfight to stamp their ticket to the big game, the Broncos easily covered the spread of 5.5 in the AFC Championship Game on the strength of a stellar performance from Peyton Manning.
Seattle presents a different challenge altogether, though. New England's secondary was ranked 26th against the pass (252.3 yards per game) while the Seattle secondary ranks No. 1 against the pass at 177.5 yards per game.
This is a classic clash of offensive powerhouse vs. defensive powerhouse, and that should be reflected on the scoreboard. The Broncos won't have an easy time covering the spread, and taking the points in a matchup this close is never a bad idea.
Bovada has odds on a wide range of players who could take home the MVP honors for the big game, and it's no surprise that Peyton Manning is on top of the list.
Odds via Bovada
After a 400-yard performance against the Patriots to get into this game and 55 touchdowns in the regular season, there's no question he's the game's biggest star. The question is, can he do it against the league's top-rated pass defense?
One of Manning's favorite targets in tight end Julius Thomas has already acknowledged that this will be a physical game for both teams, per DenverBroncos.com:
It’s the Super Bowl, so it’s going to be tough. Nothing is going to come easy. I’m pretty sure you’re going to see two teams playing as physical as possible. This is for all the marbles, so I’m pretty sure it will be a tough game all around.
If you're of the mindset that the Broncos won't win the big game, then it becomes even more difficult to make a pick for MVP. Russell Wilson has interesting odds and the benefit of playing quarterback—the last four Super Bowl MVPs have been signal-callers.
However, Marshawn Lynch could become the first running back to win the award since Terrell Davis in Super Bowl XXXII. He's rushed for over 100 yards and scored at least one touchdown in each of the Seahawks' two wins in the postseason.
As far as non-quarterback options go, Lynch should be the best bet. However, the last three non-quarterbacks to win the award were receivers, so someone like Demaryius Thomas could also be in the mix.
Prop Bets and Prediction
As usual, there's a huge range of prop bets that bettors can wager on, including yardage totals for just about every important player in the game.
Vegas believes Russell Wilson could be throwing the ball quite a bit. The over/under for passing attempts by the second-year quarterback is set at 26.5, but he has yet to hit that number in either of the Seahawks playoff games thus far. If he hits that number it's likely because the Broncos have jumped out to an early lead.
How many yards will Peyton Manning throw for?
The expectations are markedly higher for Manning. His yardage over/under has been set at 290.5—a number he has topped in 14 of 18 contests this season. Considering Drew Brees' ability to throw for over 300 yards against the Seahawks in the postseason, it's not out of the realm of possibility for him to eclipse that mark.
But perhaps the most telling prop bet is the over/under for Marshawn Lynch's rushing yardage, currently set at 90.5. Lynch has been pivotal to the Seahawks in their last two games and will be key to the Seahawks controlling the ball and keeping it out of Manning's hands.
If he goes over 90.5 yards, it's very likely the Seahawks force the game into the kind of slugfest they need to win. If he fails to hit that number, it's more likely that the Broncos will have created the kind of track meet that will allow them to hoist the Lombardi Trophy.
Given Lynch's ability to elevate his game in the playoffs thus far, the Seahawks have a great chance to pull off the small upset.
Prediction: Seahawks 23, Broncos 20