- NFL win totals became available at the BetMGM online sportsbook in May.
- Unsurprisingly, the Chiefs and Eagles have the highest win total at 11.5.
- The Cardinals have the lowest win total at 4.5, which may be an overreaction.
One of my favorite parts of the online sports betting summer season is NFL win totals. After the schedule is released, I love to comb through the market, looking for dramatic changes in numbers between last year’s records and this year’s NFL futures market.
Now that the BetMGM online sportsbook has released the full slate of win totals for the 2023 NFL betting season, it’s time to spend the next few months examining and re-examining every number.
NFL Win Totals: Current Odds For All 32 Teams
|Team||Wins in 2022||Current Win Total||Over Vig||Under Vig|
NFL Futures: Examining the Win Totals Market
Everything about the NFL is designed to force teams toward a record somewhere between 9-8 and 7-10. The NFL Draft, the salary cap — pretty much every core boundary in the sport promotes widespread parity.
As a result, most teams have a win total at or near 8.5. Currently at BetMGM, 17 of the 32 teams have a win total within one win of .500.
Successful NFL futures bettors can identify a handful of teams in this giant jumble and establish some preseason positions. True professionals can use those as in-season hedge positions.
Early Observations From the NFL Win Totals Market
Obviously, the most dramatic expected regression is in Minnesota, where the market expects the Vikings (13-4 last season) to struggle to remain over .500.
NFL bettors might remember that the Vikings had a statistically aberrational 2022 season, going 11-0 in one-score games. Despite holding a 13-4 record after Week 18, the Vikings had a -3 point differential.
The professional NFL odds handicappers will certainly expect some major regression there.
“Their process was more of a 9-win process and they got to 13 wins” 🏈
— SKOR North (@SKORNorth) May 11, 2023
Some other quick observations that I made:
- If you believe that the biggest problem in Denver last season was Nathaniel Hackett, new head coach Sean Peyton (and the offensive changes he installed) might very well be worth four wins.
- The Jets made a major upgrade at quarterback, going from Zach Wilson to Aaron Rodgers. That explains the win total of 9.5. But how much traffic for wins will the Jets face in a loaded AFC?
- The Lions remain one of the most popular potential Super Bowl teams in the NFC, but their win total is virtually the same as the nine wins they posted a season ago.
- Of the six teams that originally had win totals of 10.5 or higher, the Jaguars are the one that stands out to me as undeserving. Last year’s playoff performance showed what Jacksonville is capable of, and the AFC South is definitely lousy, but a 10.5 mark seemed awfully high. I’m not surprised the number has come down.
- Arizona is a mess, and trust in Kyler Murray is low. But are we sure they should be handicapped like the absolute worst team in football?
- The Raiders have been the No. 1 fade target for bettors this summer, with the number dropping from 7.5 at open to 5.5 before eventually rebounding to 6.5.
Football Odds at BetMGM
Football odds are available at BetMGM throughout the year.
From offseason NFL futures like Super Bowl odds and win totals to preseason NFL betting lines and weekly player props, there’s something for everyone at the best online sportsbook.