The Kansas City Chiefs 34-20 win over the Baltimore Ravens during their huge “Monday Night Football” matchup in Week 3 has drastically changed the Super Bowl LV odds.

Kansas City saw reigning Super Bowl MVP Patrick Mahomes tally five total touchdowns in a dazzling overall performance from the game’s best player. Meanwhile, reigning NFL MVP Lamar Jackson failed to do anything of substance through the air in a game that the Chiefs lead 27-10 at the half.

Related: NFL Week 4 power rankings

In looking at the Super Bowl odds for this coming February, Kansas City is in a league of its own.

Super Bowl odds: Chiefs now heavy favorites to repeat

Sep 28, 2020; Baltimore, Maryland, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) is greeted by teammates after running for a first quarter touchdown against the Baltimore Ravens at M&T Bank Stadium. Mandatory Credit: Mitch Stringer-USA TODAY Sports

According to Bet Online, Kansas City finds itself with 4/1 odds to repeat as champions in Tampa Bay this coming February. After that, there’s a whole plethora of teams bunched together.

  • Kansas City Chiefs: 4/1
  • Baltimore Ravens: 13/2
  • Seattle Seahawks: 15/2
  • Green Bay Packers: 10/1
  • Tampa Bay Buccaneers: 14/1
  • New Orleans Saints: 16/1
  • San Francisco 49ers: 16/1

There’s a whole heck of a lot to look at here. We’ve seen a major downtick from betters as it relates to both the Saints and 49ers. These two teams were seen as co-favorites to come out of the NFC ahead of Week 1.

New Orleans has lost two of its first three games with Drew Brees struggling to do much through the air. Meanwhile, San Francisco has been among the most injury-plagued teams in the NFL.

This past week’s blowout win over the New York Giants consisted of the 49ers being without half of their starting lineup from their Super Bowl LIV loss to the Kansas City Chiefs back in February. Reigning NFL Defensive Rookie of the Year Nick Bosa is lost for the season with a torn ACL.

Related: 2020 NFL MVP odds

We’re also a bit surprised to see Tom Brady and the Buccaneers with better odds than both New Orleans and San Francisco right now. Sure the team has won two consecutive after an opening-week loss to the Saints, but it continues to struggle on offense. As for the Packers, they legitimately look like the best team in the NFC. Aaron Rodgers is playing at an MVP level through three weeks and the team is averaging north of 40 points per game.

Super Bowl odds: The best of the rest

  • Buffalo Bills: 18/1
  • Pittsburgh Steelers: 18/1
  • Dallas Cowboys: 20/1
  • Arizona Cardinals: 25/1
  • Indianapolis Colts: 25/1
  • New England Patriots: 25/1
  • Tennessee Titans: 25/1

At 3-0 on the season and coming off a dramatic late-game win over the Los Angeles Rams, it is surprising to see that the Buffalo Bills are not among the top-tier contenders in these latest Super Bowl odds. Quarterback Josh Allen is playing out of his mind, and is a legit MVP contender.

Pittsburgh’s status as one of the few remaining undefeated teams in the NFL coincides with Ben Roethlisberger’s return to health. However, it’s not yet known how real Mike Tomlin’s squad is. With games coming up against the Titans (maybe) and Ravens over the next month, we’ll find out more about this squad.

Super Bowl odds: No chance

  • New York Jets: 1000/1
  • New York Giants: 1000/1
  • Washington Football Team: 500/1

We have to feel for the two New Jersey-based teams and their fans. Just three weeks into the 2020 NFL season, and both squads are already pretty much done.

Adam Gase has led a disastrous first three games for the Jets. They are 0-3 on the year and are being outscored by 19 points per game. With Gase on the hot seat, the talent-stricken team ranks 32nd in points scored and 27th in points allowed.

Related: NFL coaches on the hot seat

As for the Giants, losing star running back Saquon Barkley already has this young team under first-year head coach Joe Judge behind the proverbial eight-ball. The team is coming off a 36-9 blowout home loss to the above-mentioned 49ers.

Following a thrilling Week 1 comeback win over the Philadelphia Eagles, the Washington Football Team has fallen back to earth. That included struggling young quarterback Dwayne Haskins throwing three interceptions in a loss to the Cleveland Browns.

Video has been added to this story.

Vincent Frank
Editor here at Sportsnaut. Contributor at Forbes. Previous bylines include Bleacher Report, Yahoo!, SB Nation. Heard on ESPN Radio and NBC Sports Radio. Northern California native living it up in Las Vegas. The Keto lifestyle. Traveler. Reader. TV watcher. Dog daddy. Sam Malone = greatest TV character ever. "Carpe diem. Seize the day, boys. Make your lives extraordinary," John Keating.