Peyton Manning Denver Broncos
Peyton Manning and the Denver Broncos have the best betting odds to win the 2015 Super Bowl. Reuters

The official hunt for the 2015 Super Bowl begins on Thursday night, as the Seattle Seahawks host the Green Bay Packers. Both teams are considered among the favorites to compete for the NFL championship in the 2014 season, as well as other top teams from last year.

According to the betting odds at Bovada.lv, the four teams that played in last season’s conference championship games are the top favorites to win Super Bowl XLIX. The teams with the top seven odds all made it to last year’s playoffs, though the odds have seen some changes over the course of the offseason.

Below is a look at the complete betting odds for the 2015 Super Bowl.

Denver Broncos 11/2

Despite getting blown out in last year’s Super Bowl, the Broncos are the favorites to win the title this year. Peyton Manning returns after setting multiple single season records for a quarterback, and the team had one of the biggest free agent signings in DeMarcus Ware.

Seattle Seahawks 6/1

The defending champs are still one of the best teams in the league, with Russell Wilson at quarterback and the NFL’s best defense, led by cornerback Richard Sherman.

New England Patriots 8/1

Tom Brady and Co. are almost guaranteed to be in the title hunt, as the Pats have won at least 10 games in each of the last 11 seasons. Expect New England to have another solid regular season.

San Francisco 49ers 8/1

Since Jim Harbaugh was hired as head coach, the 49ers have earned a berth in the NFC Championship Game in three consecutive years. Losing Aldon Smith for nine games is a tough blow.

Green Bay Packers 9/1

If Aaron Rodgers can stay healthy, the Packers might have the best offense in the NFC. Defense remains a question mark in 2014, though it sure helps to have pass rusher Julius Peppers, rookie safety Ha Ha Clinton-Dix, and the return of cornerback Casey Hayward.

New Orleans Saints 9/1

The Saints have averaged 11 wins per season, since they won the first Super Bowl in franchise history five years ago. Drew Brees still has a lot left in the tank.

Philadelphia Eagles 20/1

In Chip Kelly’s second season as head coach, the Eagles are overwhelming favorites to win the NFC East. Philly could be due to overachieve in the postseason despite a big-play receiver.

Chicago Bears 22/1

The Bears need Jay Cutler to stay healthy, considering he's missed 12 games in the last three seasons. The offense was strong in 2013, but can get even better.

Indianapolis Colts 22/1

After winning 11 games in each of his first two seasons, Andrew Luck might be ready to take the next step and become an elite quarterback.

Detroit Lions 33/1

There are high hopes for Detroit’s offense, but the team has never reached a Super Bowl in the history of the franchise.

Arizona Cardinals 40/1

The Cardinals won 10 games in 2013, but they could have a difficult time making the playoffs because they play in the NFL’s best division.

Atlanta Falcons 40/1

The Falcons might have been the most disappointing team last year, winning just four games. Explosive wide outs Julio Jones and Roddy White are back at full strength, but it may not be enough to reverse the Birds' fortunes.

Baltimore Ravens 40/1

The Ravens missed the playoffs in 2013, a year after winning the Super Bowl. Offensive coordinator Gary Kubiak's West Coast-influenced attack will be a key storyline in 2014.

Cincinnati Bengals 40/1

Andy Dalton has led the Bengals to the playoffs in all of his three NFL seasons, but failed to get out of the first round each time.

Pittsburgh Steelers 40/1

Even though the Steelers haven’t made the playoffs since 2011, their Super Bowl odds are just as good as the Bengals and Ravens.

San Diego Chargers 40/1

If Philip Rivers can play like he did last year, San Diego can be a threat in a weak AFC.

Carolina Panthers 50/1

Nine NFC teams have better Super Bowl odds than the Panthers, even though Carolina finished 2013 with the second-best record in the conference.

Kansas City Chiefs 50/1

The Chiefs lost on Wild Card Weekend last year, after finishing the regular season at 2-5 on their final seven games.

Dallas Cowboys 66/1

While the Cowboys usually fail to live up to expectations, “America’s Team” is not expected to have a big 2014. The defense will need to over-achieve to earn a trip to the postseason.

Houston Texans 66/1

The Texans are looking to get back to respectability, after finishing with the league’s worst record. The defensive front line are key to Houston's season.

Miami Dolphins 66/1

The Dolphins haven’t won a playoff game since 2000. Head coach Joe Philbin and quarterback Ryan Tannehill may be on the hot seat.

New York Giants 66/1

In 2007 and 2011, the Giants went on to win the Super Bowl after starting the season as longshots. Rookie wide receiver Odell Beckham Jr. has not played a preseason game, running back David Wilson retired, and the offensive line has been decimated by injuries, which doesn't bode well for Eli Manning.

St. Louis Rams 66/1

Sam Bradford’s season-ending injury may have severely hurt any chance the Rams had of making a significant run this season. A strong running game and a stingy defense can keep the Rams competitive.

Tampa Bay Buccaneers 66/1

The Bucs might not have enough talent to compete with the rest of the NFC South. New head coach Lovie Smith is looking to turn around a club that has failed to make the postseason in six years.

Washington Redskins 66/1

The team is just one season removed from winning the division, but Robert Griffin III will have to return to his rookie form to give Washington another chance at making the playoffs.

Cleveland Browns 75/1

The Browns are a distant fourth in the competitive NFC North. Brian Hoyer may need a big year to avoid being benched in favor of Johnny Manziel.

Minnesota Vikings 75/1

Matt Cassel is the team’s top quarterback, which is not encouraging considering his struggles in 2013. But the defense should see an improvement from last year.

New York Jets 75/1

Whether it’s Geno Smith or Michael Vick at quarterback, the Jets could be in for their last season under head coach Rex Ryan.

Buffalo Bills 100/1

It’s been 19 years since the Bills won a playoff game, and they haven’t made a postseason appearance in the 21st century.

Tennessee Titans 100/1

Losing their top playmaker in Chris Johnson could make it difficult for Tennessee to win many games in 2014.

Oakland Raiders 200/1

Oakland hasn’t had a winning season or made the playoffs since they lost in the 2003 Super Bowl, and they have the most difficult schedule in the upcoming season.

Jacksonville Jaguars 250/1

The Jaguars have been the NFL’s worst team over the last three seasons.