Tom Brady, New England Patriots betting favorite to win Super Bowl 51 over Atlanta Falcons

As football lovers gear up for Super Bowl 51, fans will be tuned into set projections associated with each team's chances of winning the big game.

The conference championships wrapped up on Sunday night when the New England Patriots rolled on the Pittsburgh Steelers 36-17. The Atlanta Falcons also advanced to the next round when they defeated the Green Bay Packers 44-21.

The New England Patriots are favored (-3) at -155 to raise the Lombardi trophy this season, while the Atlanta Falcons are set at +125.

The Falcons last week saw the biggest uptick in Nate Silver's prediction model, as their chances increased to 25 percent from 13 percent. The Patriots then lead the pack at 43 percent, while the Packers and Steelers were nearly even at 16 percent and 15 percent, respectively.

Super Bowl 51 is slated for Sunday, Feb. 5 when the Falcons and Patriots will face off as they battle for a spot in the Houston game. The game will be broadcast on FOX.

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Will Laws contributed to this report.