The Indianapolis Colts (7-2) share the NFL 's best record, so they must be among the betting favorites for Super Bowl XL , right?

Not close, at least right now.

The Colts had dropped out of the top 10 following their Week 9 loss to the Pittsburgh Steelers, but they perked up in the wake of their trade for cornerback Sauce Gardner .

Meanwhile, how can a team currently out of the NFL playoff picture be the Super Bowl favorite? The sportsbooks believe the Kansas City Chiefs remain the team to beat — despite their 5-4 record, which places them 8th in the AFC standings.

History is on the Chiefs ' side. They have made five of the past six Super Bowls, winning three. And it's hard to bet against quarterback Patrick Mahomes and coach Andy Reid. Watch it here: Stream your favor

See Full Page