NFL betting: Ranking each potential Super Bowl matchup from least to most likely

We have reached the divisional round of the NFL playoffs, which means there are only seven games remaining in the NFL season. Only eight teams are still alive in the fight to become Super Bowl champions. That number will be down to four on Sunday night. While teams still need two more wins to get to the big game, it's not too early to take a look at how the betting market expects things to unfold.

At BetMGM, you can currently bet on which two teams you think will make the Super Bowl. Odds are adjusted based on the likelihood of both teams getting there. Obviously, the more unlikely the matchup, the better the odds. Let's take a look at the current odds at BetMGM.

Ranking potential Super Bowl matchups

Which potential Super Bowl matchups do oddsmakers view as most likely? What about least likely? Let's take a look at all 16 potential matchups, ranked from least likely to happen to most likely to happen.

16. Jacksonville Jaguars vs. New York Giants

The Jaguars and Giants pulled off outright victories as underdogs during wild-card weekend. This round, both teams are underdogs getting over a touchdown. If either team survives this weekend, it'll once again be a sizable underdog in the conference championship game.

Odds: 150-to-1

15. Jacksonville Jaguars vs. Dallas Cowboys

Jacksonville would have to get past Kansas City as an 8.5-point underdog and then spring another upset against either Buffalo or Cincinnati. Dallas is a 3.5-point underdog against the San Francisco 49ers in the divisional round.

Odds: 66-to-1

14. Cincinnati Bengals vs. New York Giants

The Bengals are decently sized 5.5-point underdogs this weekend in Buffalo against the Bills. If they get past Buffalo, they would be underdogs against the Chiefs should KC advance, though the Bengals would be home favorites against Jacksonville. Cincinnati has a tough road to the Super Bowl, but it has a better chance of getting there than the Giants, who would need to defeat Philadelphia and then either San Francisco or Dallas.

Odds: 60-to-1

13. Buffalo Bills vs. New York Giants

Once again, the Giants' likelihood of making the Super Bowl is what brings these odds down. The Giants are 11-to-1 to win the NFC. Buffalo is favored to make the conference championship game. A potential rematch with Kansas City would likely be viewed as a toss-up. These odds reflect New York's situation more than Buffalo.

Odds: 35-to-1

12. Kansas City Chiefs vs. New York Giants

The Chiefs are the current favorites to win the Super Bowl, but the odds that their opponent in that game is the Giants are quite low.

Odds: 30-to-1

11. Jacksonville Jaguars vs. San Francisco 49ers

Jacksonville is 11-to-1 to win the AFC, making it the biggest long shot to win the conference. San Francisco is a co-favorite to come out of the NFC. If the 49ers get to the Super Bowl, it's rather likely their opponent would be any team in the AFC other than Jacksonville.

Odds: 28-to-1

10. Jacksonville Jaguars vs. Philadelphia Eagles

The Philadelphia Eagles are co-favorites to come out of the NFC alongside San Francisco, with both teams going off at +160 odds to win the conference. Philadelphia appearing in the Super Bowl would surprise nobody, but its opponent in that game being Jacksonville would certainly be a shock.

Odds: 28-to-1

Cincinnati Bengals vs. Dallas Cowboys

Cincinnati and Dallas are road underdogs this weekend, getting over a field goal. While it wouldn't be entirely shocking if either team won, oddsmakers aren't expecting it. Assuming both No. 1 seeds hold serve, the Cowboys and Bengals would once again be underdogs in the conference championship game. Both teams are talented and it wouldn't be entirely surprising to see them make a run, but both teams have the odds stacked against them.

Odds: 22-to-1

8. Buffalo Bills vs. Dallas Cowboys

The Bills face a very stiff test this weekend against the Cincinnati Bengals, and if they play like they did last week, their season will likely come to an end. However, oddsmakers have Buffalo favored to advance to the conference championship game. A potential rematch against the Chiefs would be epic and likely a tossup on a neutral field. Dallas is the third-most likely NFC team to advance to the Super Bowl, according to oddsmakers.

Odds: 14-to-1

7. Kansas City Chiefs vs. Dallas Cowboys

Kansas City is a sizable favorite to advance to the AFC championship game. Once the Chiefs get there, they'll face a stiff test from either Cincinnati or Buffalo. The Chiefs are the favorites to win the AFC. However, oddsmakers don't view Dallas as their most likely potential Super Bowl opponent.

Odds: 13-to-1

6. Cincinnati Bengals vs. San Francisco 49ers

The Bengals represented the AFC in the Super Bowl last season and are +350 to get to that point again. Those odds are below Kansas City and Buffalo. The San Francisco 49ers have not lost since October and are co-favorites to reach the Super Bowl out of the NFC.

Odds: 10-to-1

5. Cincinnati Bengals vs. Philadelphia Eagles

Oddsmakers think Philadelphia and San Francisco have about equal chances of representing the NFC in the Super Bowl, so it's no surprise that the odds for a Bengals-Eagles potential Super Bowl matchup are the exact same odds as a potential Bengals-49ers meeting.

Odds: 10-to-1

4. Buffalo Bills vs. San Francisco 49ers

The Buffalo Bills spent a lot of the season as favorites to win the Super Bowl. However, at this point of the playoffs, they have the second-best odds to win both the Super Bowl and AFC. San Francisco is +160 to win the NFC, but will likely have to win on the road in Philadelphia.

Odds: +600

3. Kansas City Chiefs vs. Philadelphia Eagles

The Kansas City Chiefs are favorites to win the Super Bowl and the Philadelphia Eagles are the No. 1 seed in the NFC. On paper, you would think this would be the most likely Super Bowl matchup, but it has been slightly edged out.

Odds: +600

2. Buffalo Bills vs. Philadelphia Eagles

If Kansas City doesn't make it to the Super Bowl, the AFC's next most likely representative becomes the Buffalo Bills, according to the betting odds. If we get a Bills-Eagles Super Bowl matchup, those two fanbases might put civilization in peril for the two weeks leading up to and immediately following the game.

Odds: +600

1. Kansas City Chiefs vs. San Francisco 49ers

The most likely Super Bowl matchup, according to the betting odds, would be a rematch of the Super Bowl from three years ago. Kyle Shanahan and the 49ers would have the chance to get revenge against Patrick Mahomes, Andy Reid and the Kansas City Chiefs. It makes sense. Kansas City is the current favorite to win it all. San Francisco has won 11 straight games, and if the 49ers get to the Super Bowl, that streak would be up to 13. I don't think any neutral observer would complain about this Super Bowl matchup.

Odds: +550

KANSAS CITY, MO - SEPTEMBER 23:  Kansas City Chiefs head coach Andy Reid and San Francisco 49ers head coach Kyle Shanahan exchange words after a week 3 NFL game between the San Francisco 49ers and Kansas City Chiefs on September 23, 2018 at Arrowhead Stadium in Kansas City, MO. The Chiefs won 38-27.  (Photo by Scott Winters/Icon Sportswire via Getty Images)
Will we get a rematch between Andy Reid and Kyle Shanahan in the Super Bowl to decide the NFL champion? (Scott Winters/Icon Sportswire via Getty Images) (Icon Sportswire via Getty Images)