Patriots, Panthers, Cardinals are 9-2 co-favorites to win Super Bowl 50

Who is the best value pick to win Super Bowl? (1:16)

Cris Carter and Herm Edwards joins Mike and Mike and pick the team they believe is the best value pick to win the Super Bowl. (1:16)

The New England Patriots have lost two straight and four of their last six, but they still enter the playoffs as one of the favorites to win Super Bowl 50.

The Patriots, Carolina Panthers and Arizona Cardinals all stand at 9-2 odds, according to the Westgate SuperBook's updated Super Bowl numbers. The Seattle Seahawks and Denver Broncos are next at 5-1, followed by the Pittsburgh Steelers at 8-1.

New England blew a chance to be the No. 1 overall seed in the AFC playoffs and saw quarterback Tom Brady suffer a sprained ankle in Sunday's 20-10 loss to the Miami Dolphins. Brady and the banged-up Patriots have a week off to get healthy, and some believe dropping to the No. 2 seed might provide an easier path to the Super Bowl for the defending champions.

If Cincinnati beats Pittsburgh in the wild-card round, New England will host the Bengals. If the Steelers win, the Patriots will host the winner of Kansas City-Houston.

The Patriots opened at 6-1 to win the Super Bowl last January, then dropped to 8-1 during the Deflategate controversy, but have been among the favorites for the majority of the season.

In this week's wild-card round, the two road teams are favored in the AFC. The Steelers opened as 2.5-point favorites over the Bengals, and the Chiefs are 3-point favorites over the Texans.

In the NFC, Washington is a 1-point favorite over visiting Green Bay, and Seattle is a 4.5-point favorite at Minnesota.

More money has been bet on the Seahawks to win the Super Bowl at the Westgate than any other team. The Patriots are second.

The current Super Bowl line at the Westgate is NFC -1 with the total at 51.5 points.