It’s five weeks into the NFL season and the Broncos are 3-2 after snapping an eight-game losing streak to the hated Raiders. But are oddsmakers optimistic about Denver’s season?
Not really, but they are slowly warming up.
The Broncos have +8,000 odds — meaning a $100 bet would win $8,000 — to win Super Bowl LIX, according to Bet365. They are tied for the 23rd-best odds on the sportsbook.
Denver’s odds aren’t as good on DraftKings (+9,000), Bally Bet (+10,000), BetMGM (+10,000) or FanDuel (+12,000). But overall, they’re significantly better than the +15,000 to +25,000 odds that sportsbooks were giving them entering the season.
The Chiefs, the defending champions, are universally the favorites to repeat with +450 to +500 odds.
In other odds, BetMGM gives the Broncos +185 odds to play in the postseason for the first time since the Peyton Manning era (It’s -225 that they’ll miss the playoffs). Denver’s season win total is now up to 7.5, according to FanDuel, up from the initial 5.5 entering the year. And Sean Payton is getting some early love for the Coach of the Year award with +1,000 odds on DraftKings. He’s third behind Kevin O’Connell (+160) and Dan Quinn (+275).
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