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SANTA CLARA, CA - NOVEMBER 20:  Tom Brady #12 of the New England Patriots drops back to pass against the San Francisco 49ers during the third quarter of their NFL football game at Levi's Stadium on November 20, 2016 in Santa Clara, California.  (Photo by Thearon W. Henderson/Getty Images)
SANTA CLARA, CA - NOVEMBER 20: Tom Brady #12 of the New England Patriots drops back to pass against the San Francisco 49ers during the third quarter of their NFL football game at Levi's Stadium on November 20, 2016 in Santa Clara, California. (Photo by Thearon W. Henderson/Getty Images)Thearon W. Henderson/Getty Images

NFL Power Rankings 2016: Week 12 Conference Standings and Latest Super Bowl Odds

Kristopher KnoxNov 23, 2016

The beginning of Week 12 is nearly upon us. In a little more than a day, the football world will celebrate not only Thanksgiving, but also the start to a new slate of NFL action.

Not all teams have realistic Super Bowl aspirations as they prepare for the next chapter in the 2016 season. Some do and are pushing to secure their postseason spots in the next few weeks. Others are battling just to make a wild-card push. Some are just looking to win a bit of respectability before the end of the season.

The Cleveland Browns are hoping to notch one win before the end of 2016.

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So how do the 32 NFL teams stack up as a group? That's what we're going to examine here. We'll be power ranking each team based on the latest Super Bowl odds—courtesy of Odds Shark—and examining some of the more interesting rankings of the bunch.

First, though, let's examine where teams stand in their respective conferences. We're listing the standings in playoff format—as if the regular season ended today—so division leaders will hold the top four spots in each conference, regardless of records.

Week 12 NFL Standings

Oakland Raiders8-2*
New England Patriots8-2*
Houston Texans6-4*
Baltimore Ravens5-5*
Kansas City Chiefs7-3
Denver Broncos7-3
Miami Dolphins6-4
Pittsburgh Steelers5-5
Indianapolis Colts5-5
Buffalo Bills5-5
Tennessee Titans5-6
San Diego Chargers4-6
Cincinnati Bengals3-6-1
New York Jets3-7
Jacksonville Jaguars2-8
Cleveland Browns0-11
Dallas Cowboys9-1*
Seattle Seahawks7-2-1*
Detroit Lions6-4*
Atlanta Falcons6-4*
New York Giants7-3
Washington Redskins6-3-1
Minnesota Vikings6-4
Tampa Bay Buccaneers5-5
Philadelphia Eagles5-5
Arizona Cardinals4-5-1
New Orleans Saints4-6
Carolina Panthers4-6
Los Angeles Rams4-6
Green Bay Packers4-6
Chicago Bears2-8
San Francisco 49ers1-9

Power Rankings

1New England Patriots2.3-1
2Dallas Cowboys5.5-1
3Seattle Seahawks6.25-1
4Kansas City Chiefs16-1
5Denver Broncos16-1
6Atlanta Falcons18-1
7Pittsburgh Steelers18-1
8Oakland Raiders20-1
9Arizona Cardinals22-1
10New York Giants25-1
11Green Bay Packers25-1
12Baltimore Ravens28-1
13Houston Texans33-1
14Detroit Lions40-1
15Minnesota Vikings40-1
16Indianapolis Colts40-1
17Washington Redskins50-1
18Carolina Panthers50-1
19Philadelphia Eagles66-1
20Tennessee Titans66-1
21Miami Dolphins75-1
22New Orleans Saints100-1
23Cincinnati Bengals100-1
24Buffalo Bills150-1
25Tampa Bay Buccaneers150-1
26Los Angeles Rams150-1
27San Diego Chargers150-1
28New York Jets300-1
29Jacksonville JaguarsN/A
30Chicago BearsN/A
31San Francisco 49ersN/A
32Cleveland BrownsN/A

Notable Rankings

2. Dallas Cowboys (5.5-1)

ARLINGTON, TX - NOVEMBER 20:   Dak Prescott #4 of the Dallas Cowboys calls a play at the line of scrimmage during the second half against the Baltimore Ravens at AT&T Stadium on November 20, 2016 in Arlington, Texas.  (Photo by Ronald Martinez/Getty Image

The oddsmakers seem to like what they've seen from the Dallas Cowboys so far this season, and it's difficult to disagree with them. The Cowboys haven't lost a game since the opening week of 2016.

The driving force behind Dallas' surge has been an efficient and effective offense and the offensive line that stabilizes it. This line has allowed rookie quarterback Dak Prescott and rookie running back Ezekiel Elliott to thrive from the very seeds of their NFL careers.

Prescott has already passed for 2,640 yards with 17 touchdowns and just two interceptions. Elliott leads the NFL with 1,102 rushing yards.

The Dallas offense also features weapons like Dez Bryant, Jason Witten and Cole Beasley—and Prescott has done a good job of spreading the ball around.

"Depending on the game plan and the flow of the game, anybody can make a play," receiver Brice Butler explained, per Jean-Jacques Taylor of ESPN.com.

Offense alone doesn't win games, of course. Fortunately, the Cowboys have an underrated and opportunistic—albeit completely unspectacular—defense on the other side of the ball.

The strength of Dallas' defense is its ability to defend the pass. While the Cowboys are rated just 23rd in overall defense by Pro Football Focus, they are rated second in pass coverage. This coverage unit makes it difficult for opponents to gain ground when Dallas gets an early lead.

So far, the formula in Dallas is working, and there seems to be a realistic chance it works all the way up to Super Bowl 51.

Only the mighty New England Patriots are more heavily favored.

8. Oakland Raiders (20-1)

OAKLAND, CA - NOVEMBER 06:  Derek Carr #4 of the Oakland Raiders celebrates after they scored a touchdown against the Denver Broncos in the second quarter of an NFL football game at the Oakland-Alameda County Coliseum on November 6, 2016 in Oakland, Calif

Folks don't seem quite as high on the resurgent Oakland Raiders as they do the resurgent Cowboys. Despite the fact Oakland holds the same record as the Patriots, the Raiders are staring down much longer odds.

This, of course, could mean good things if you're willing to gamble on Oakland. The Raiders have found their own winning formula—one that also features a strong offensive line and a young, explosive offense.

The Raiders are rated third in overall offense by Pro Football Focus. The team's underrated defense is rated 15th overall by Pro Football Focus.

One possible reason why the Raiders aren't among the favorite teams at this point in the season is the presence of the Denver Broncos and the Kansas City Chiefs in the AFC West. The Broncos are obviously defending Super Bowl champions, while the Chiefs have already earned one head-to-head victory over the Raiders.

Both the Broncos and the Chiefs are playing like potential playoff contenders.

However, there's a strong chance the Raiders can still get into the postseason even if they cannot win the AFC West. In a way, this might benefit Oakland, as both of the team's losses this season have come at home.

Another possible reason for Oakland's comparatively long odds is that oddsmakers believe teams like the Broncos and Chiefs have a better chance of ousting the Patriots should they meet in the postseason.

21. Miami Dolphins (75-1)

MIAMI GARDENS, FL - NOVEMBER 6: Running Back Jay Ajayi #23 of the Miami Dolphins has a long gain against the New York Jets on November 6, 2016 at Hard Rock Stadium in Miami Gardens, Florida. The Dolphins defeated the Jets 27-23. (Photo by Al Pereira/Getty

The Miami Dolphins are carrying long odds in relation to their status as a borderline playoff team. This is probably due to the fact that they play in the same division as the Patriots, but it could also come from a lack of respect for quarterback Ryan Tannehill.

Still, the Dolphins seem to have found a successful plan that revolves around an opportunistic defense and the hard running of second-year man Jay Ajayi.

Since Ajayi rushed for more than 200 yards against the Pittsburgh Steelers in Week 6, the Dolphins have ripped off five straight victories. With the much-maligned San Francisco 49ers coming to town this week, that win streak could realistically reach six games.

The big test for Miami will come in the final three weeks of the regular season. Miami faces the New York Jets, the Buffalo Bills and the Patriots in consecutive weeks to end the year. Winning all of those games would give the Dolphins a 5-1 division record and a strong chance of pushing into the postseason.

"We're so far away still," Dolphins head coach Adam Gase said of the playoffs, per Shandel Richardson of the Sun Sentinel. "It's not even worth it to me to look at it."

If you're a fan of playing the long odds, looking ahead to a possible Miami postseason run might not be a terrible idea. The Dolphins would currently yield a greater return than teams with losing records like the Tennessee Titans and the Carolina Panthers.

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