Patriots still favorite according to recent NFL playoff odds. The MGM Mirage casinos in Las Vegas including the Bellagio, Mirage, MGM Grand, New York New York, Mandalay Bay, TI, Luxor and some other establishments, listed the New England Patriots as the heavy favorite to win the AFC championship as well as the Super Bowl XLII. The Patriots are listed at -650 to win the Super Bowl and -1000 to win the AFC championship.

The best move would have been to bet on the Patriots when the Super Bowl futures line opened back in February just after the Colts beat the Bears.  Back then, you could have gotten the Patriots at +80. The rest of the teams listed show Green Bay at +90 to win the Super bowl and +20 to win the National Conference, followed by the Redskins at +400 and +150 to win the NFC championship. Pittsburgh and Tennessee are both underdogs showing +750 and +800 to win the trophy.  

The Super Bowl odds are listed first, followed by each team's odds to win its conference title.

San Diego          15/1 ... 8/1 (AFC)

Indianapolis         4/1 ... 5/2 (AFC)

New England      -650 ... -1000 (AFC)

Seattle               25/1 ... 6/1 (NFC)

Jacksonville        18/1 ... 10/1 (AFC)

Dallas                 9/2 ... -350 (NFC)

Pittsburgh           75/1 ... 35/1 (AFC)

N.Y. Giants         35/1 ... 10/1 (NFC)

Tennessee          80/1 ... 55/1 (AFC)

Washington        40/1 ... 15/1 (NFC)

Tampa Bay         35/1 ... 8/1 (NFC)

Green Bay           9/1 ... 2/1 (NFC)