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The 49ers have the fourth-best odds to win the Super Bowl

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San Francisco is the first 10-1 team in over a decade to go into a match as an underdog

Green Bay Packers v San Francisco 49er Photo by Michael Zagaris/San Francisco 49ers/Getty Images

We did this a couple of weeks ago, when Pete Watt of Odds Checker created a visual that illustrated how the 49ers season has gone in terms of their Super Bowl odds. The graphic updates as the season goes along. Here’s Pete’s description:

It’s no secret that the Niners are having an incredible season, laying waste to every team in their path. It’s now difficult to know who fears them the most; opposition coaches or oddsmakers.

Before a ball was kicked in September, San Francisco was 16th favorite and could be backed to win the Super Bowl at odds of +4000 or 40/1.

Put simply; this meant that a bet of $10 placed then will net $400 if they pull it off in February – but that the books only gave them a 2.4% chance of doing so.

The San Francisco 49ers now sit fourth-favorite to win the Super Bowl at best odds of +650, which indicates a probability of 13.33%.

Their opponents have leapfrogged them in recent weeks with their peerless form and are now second-favorites at 19.61% - only marginally behind the Patriots who are currently being given a 24.39% chance. Oddsmakers have set the line, with the Ravens giving 6 points to the Niners, whilst the money line sees Baltimore favorites at -250, and the Ravens backable at +229. Interestingly, bettors are demonstrating a belief that the Niners are being underestimated, with 67% of total bets on the spread market going in favor of San Francisco.

Here are the Super Bowl odds:

Speaking of Super Bowls, Earl Thomas chimed in:

We are a longggg way off, but the build-up for two weeks between these two teams would be glorious. There’d be so much bulletin board material. First things first, and that’s winning this week. I’ve heard some people say it doesn’t matter since it’s not a conference game. Nope. That’s not the case. Each game matters for San Francisco as they want to control their own destiny. You don’t want to scoreboard watch the last two weeks.