NFL Playoffs 2012: Updated Super Bowl Odds

The 2012 NFL playoffs certainly didn't disappoint sports bettors during Wild Card Weekend, especially with Denver Broncos quarterback Tim Tebow upsetting the Pittsburgh Steelers in Sunday's finale.

Las Vegas oddsmakers are definitely expecting the Broncos to be eliminated next weekend on the road against the New England Patriots, but the betting odds are definitely appealing to Mile High City fans.

Let's take a look at the Super Bowl XLVI futures market heading into the AFC and NFC divisional rounds.

Denver Broncos

The Denver Broncos are the longest shot on the board by a mile, which isn't an accident, by the way.

Las Vegas sports books will try to entice as much action on this team as possible, especially with the Broncos traveling to Foxborough to take on the New England Patriots.

I wouldn't wager on this offering with your money.

Super Bowl Odds: 60/1

Houston Texans

The Houston Texans draw the worst possible opponent in the AFC divisional round, as the Baltimore Ravens can stop an opponent's rushing attack with the best of them.

These two teams played each other during the regular season on Oct. 16, which resulted in the Texans dropping a 29-14 decision as seven-point road underdogs.

Houston only trailed by two points going into the fourth quarter but was outscored by a 13-0 margin in the final frame.

Betting odds are definitely inflated due to the matchup.

Super Bowl Odds: 27/1

Baltimore Ravens

The Baltimore Ravens' road to the Super Bowl just got a lot easier with the Pittsburgh Steelers getting knocked out—even if they would have faced a hobbled Ben Roethlisberger.

I believe this team is now the clear favorite to represent the AFC at Lucas Oil Stadium.

Not quite sure if quarterback Joe Flacco is up to trading points with the likes of Drew Brees or Aaron Rodgers.

Super Bowl Odds: 6/1

New York Giants

The New York Giants registered an impressive 24-2 wild-card victory over the Atlanta Falcons Sunday, as the defense didn't allow a single offensive point.

Quarterback Eli Manning is playing great football, and the running game finished with 172 yards on 31 carries.

Tremendous odds with the best defensive front in football.

Betting Odds: 16/1

San Francisco 49ers

The San Francisco 49ers have been established as 3.5-point home underdogs against the New Orleans Saints, which is definitely reflected in the current betting odds to lift the Lombardi Trophy.

49ers first-year head coach Jim Harbaugh will have no problem motivating his locker room after enjoying a week off as the NFC's No. 2 seed.

Super Bowl Odds: 13/1

New Orleans Saints

The New Orleans Saints were my pick to win it all from the beginning of these articles, but I'm not exactly thrilled with them being road favorites against the San Francisco 49ers.

Las Vegas oddsmakers had little choice in the matter due to the video game-type numbers that quarterback Drew Brees and the offense are putting up.

The public loves points.

Super Bowl Odds: 7/2

New England Patriots

The New England Patriots were likely preparing for the Pittsburgh Steelers during their bye week, but that changed quickly with the Denver Broncos upsetting last year's AFC champion.

I wouldn't suggest a wager on this team at the current odds due to the oddsmaker already pricing in a perceived victory by the Patriots.

It wouldn't surprise me if these went up next week if the Baltimore Ravens get past the Houston Texans.

Super Bowl Odds: 5/2

Green Bay Packers

The Green Bay Packers are no longer being talked about like a sure thing in Las Vegas, which may actually give them value at this point.

It's very tough to repeat as champions, and drawing the New York Giants in the divisional round is no picnic.

Quarterback Aaron Rodgers will need to get rid of the football quickly against one of the best defensive fronts in football.

Super Bowl Odds: 2/1