NFL odds: Patriots no longer Super Bowl LIV favorite in latest betting lines

There's a new favorite to win Super Bowl LIV, according to both ESPN's Football Power Index analytics model and the latest betting odds at the Westgate SuperBook in Las Vegas.

The Patriots have been atop the Super Bowl odds for most of the season, but the Baltimore Ravens are the updated favorite after a dominant 45-6 win over the Los Angeles Rams on Monday night.

The San Francisco 49ers lead the NFC standings at 10-1, but oddsmakers still aren't sold on them as the favorites to win the conference. The Seattle Seahawks continue to be way undervalued at 12-1. Seattle is 9-2 and has one of the two leading candidates for NFL MVP in quarterback Russell Wilson.

ESPN FPI currently gives the Ravens a 25.9 percent to win the Super Bowl, just ahead of the Patriots at 25.3 percent. This model still likes the Patriots to finish with the No. 1 seed in the AFC playoffs, however. ESPN FPI projects New England to finish with a 14-2 record, with Baltimore projected to end at 13-3. 

Homefield advantage is going to be very important for the Patriots. They have a 21-game win streak at Gillette Stadium, including the playoffs. The Patriots also haven't lost a home playoff game since the 2012 AFC Championship Game. 

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The Ravens beat the Patriots 37-20 in Baltimore in Week 9, and it's fair to wonder how a playoff rematch would turn out if it's played in snowy/rainy/windy conditions in Foxboro instead of Baltimore. Patriots quarterback Tom Brady is 24-4 in games where the temperature is below 30 degrees, including the playoffs. His record is 5-1 in games with a temperature less than 20 degrees.

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