The initial odds are set for the field of 32 NFL teams vying for the Super Bowl LIV championship next season.

And Las Vegas sportsbooks aren’t so high on the Broncos’ chances.

Bovada opened its first set of futures bets on who will hoist the Lombardi Trophy on Feb. 2, 2020, in Miami, and Denver comes in at +10,000 — or 1/100 odds. Translation: A winning $10 wager would net a $1,000 payout. Only the Redskins (+15,000) and Dolphins (+30,000) are viewed as longer shots to win it all.

The usual suspects top the list with New England (+650) ahead of the Rams (+700), Chargers (+800) and Chiefs (+800). Below is the complete list of Super Bowl LIV odds, per Bovada.