It’s a valid strategy to put money on more than one team’s Super Bowl futures odds. Consider: The top preseason favorite is usually going to be listed around +500, give or take. At +500, let’s say you put $100 on each of the first four teams atop a Super Bowl odds board. If any of those Superbowl teams win, you are guaranteed to make money! Multiple picks will eat into your profit margin, but they can be a good way to hedge your bets.