Preseason odds have been released for the 2020 season and the Colts are not a team that Vegas seems to like to hoist the Lombardi trophy at the end of the year.
The Colts have undergone a lot of positive offseason change. They added a stud defensive lineman in DeForest Buckner, a new starting quarterback in Philip Rivers, and a new starting corner in Xavier Rhodes. Apparently none of that matters in the eyes of the bettors.
According to Caesar’s sportsbooks in Las Vegas, the Colts have just the 15th best odds to win the Super Bowl in 2020. That’s right, they’re right in the middle of the pack. In fact, the Titans have the same odds to win it all at 30-1. The best odds in the league belong to the Chiefs at 4-1.
While the Colts are tied with the Titans with those odds to win it all, the Titans have better odds to win the AFC at 13-1, where the Colts are 14-1. That is no doubt off the heels of the Titans beating the Patriots in the playoffs and having an impressive playoff run in 2019.
The amount of wins for the 2020 season for the Colts is set at 8.5. I could foresee a lot of Colts fans taking the over on that number. 8.5 seems extremely low based on all of the changes that this team has undergone, and this is before the draft can further improve the team.
Vegas has undervalued the Colts for years. The Colts only won 7 games last season with Jacoby Brissett as their starter and having half of their team injured at one point. The fact that bettors think they could only win 1.5 more games than that with this year’s squad is absurd to me.
One thing is for certain; if they don’t win more than 8.5 games this season, they won’t be making the playoffs. They need to win at least 10 games to have a chance to fight for a Super Bowl title. But since sports betting is legal in Indiana, I suspect multiple fans will be looking to get in on this juicy action and win some money.