Broncos coach John Fox not concerned with what oddsmakers say
With his team preparing for the regular-season finale Sunday against Kansas City, Broncos coach John Fox discounted reports that Las Vegas oddsmakers have now made Denver (12-3) the favorite to win the Super Bowl.
“I grew up in San Diego,” Fox said. “And we went to the horse tracks a lot. There are a lot of favorites, and it doesn’t work out like that all the time. You have to earn this between the lines. (Being the favorite) won’t affect our attitude or mindset moving forward.”
Even if we knew for a fact that the Broncos were the best team in the NFL, that doesn't mean they'd actually win the Super Bowl. Why? Because the game is only played once, and the path to get there is a single-elimination tournament.
This is important to remember when looking at win probability data like that provided by Brian Burke. If his figures say the Broncos are an 87% favorite this week against the Chiefs, that doesn't necessarily predict a blowout, nor does it mean Denver will definitely emerge victorious. Rather, it means that, in theory, if these two teams were to face off 100 times (more if we are looking at the law of large numbers), the Broncos would figure to win 87 times.
So, if an upset occurs, it's not necessarily that Burke's math is wrong - it's just that one of those 13 unlikely outcomes (of 100) has arisen.