Denver Broncos

Best Denver Broncos Betting Odds

The following tool shows the bookmaker with the best betting odds (highest returns) when placing a bet on any Denver Broncos game.

Betting on the Denver Broncos

After a devastating 2022 season with a 5-12 record and last place in their division (third time in a row), the Denver Broncos are looking to turn their luck around. Unfortunately, they have been on a downward spiral since winning the Super Bowl in 2015.

Despite making numerous changes, they haven’t even managed to reach the playoffs since then. The team has replaced their coach and bolstered the offensive line, which had countless issues last season, but still, most sportsbooks give them low odds of achieving much.

However, when it comes to betting, nothing is set in stone. If you want to place wagers on or against the Broncos, you have countless options in the leading online sportsbooks. From spreads and moneylines to props and futures, the sky’s the limit on many top NFL betting sites.

Denver Broncos Betting Odds — Types of Bets

NFL betting is the undefeated champion of sports betting in North America, so every interested punter has a lot of options. If you’re thinking about trying your luck staking money on the Broncos, you can go for moneylines, spreads, totals, and more. To get you prepared, let’s review the main types of bets you should know about.

Point Spread

A point spread allows you to wager on a team winning or losing by a specific number of points. In other words, you get a spread like -4.5 and +4.5, and one side is required to cover it for the bet to pass. Consider this example:

• Broncos -2.5 (1.90)
• Raiders +2.5 (2.1)

The minus sign next to the Broncos means they are the favorites in this case. In other words, they must win by as many as 3 points for a point spread bet on them to pass. On the other hand, the Raiders are the underdogs in this situation, as denoted by the plus sign. If you wager on them, they can lose by up to 2 points, and you’d still come out ahead.

Point spreads are used to make bets on games with clear favorites. They add hurdles the team that’s expected to win needs to pass, which effectively evens out the playing field. That’s why the odds are much better for both sides, but making accurate predictions is harder.

Moneyline

The moneyline is a straightforward bet where you simply need to predict who’ll win a game. For instance, consider the same match between the Broncos and the Raiders.

If the odds of the Broncos winning are 1.5, a $100 bet on them will yield a payout of $150. Conversely, the odds on the Raiders are 2.7, so if you support them with the same amount of money, you will end up making $270 in case of their victory.

Totals (Over/Under)

Over/under wagers let you predict whether the sum total of points in a game will go over or under a predetermined number the sportsbook sets. This opens up many opportunities as any betting platform can offer several totals with varied odds, and they can go further by providing totals on individual teams or even quarters.

However, the most common total involves a complete NFL game. Using the same hypothetical matchup from before, let’s say your favorite sportsbook has offered a 45.5 total. This means that if you bet over 45.5, the game needs to finish with at least 46 scored points for you to win. On the other hand, if you wager on under, the match needs to feature fewer than 45 points for you to get a payout.

Futures

Futures are a collection of bets that revolve around events further down the line, typically the results of the whole competition. In the case of the NFL and the Broncos, you get several popular futures:

• The Broncos winning the AFC West
• The Broncos winning the AFC
• Broncos winning Super Bowl LVII
• Patrick Surtain II winning Defensive Player of the Year
• Jarrett Stidham winning MVP

Prop Bets

Props or proposition bets focus on a specific aspect of a game, resulting in a wide range of wagers you can place on the Broncos, including the performance of the entire team or that of an individual player.

For example, you can bet on the Broncos being the first to score or the first to reach 10 points. If you’re into player props, you can wager on a Broncos player making more than two touchdowns in the game or passing over 3,500 yards. Thanks to the versatility of NFL games, the list goes on, so your options in this betting market are plentiful.

Live Betting

Live or in-play betting lets you place a wide range of bets while the game is ongoing, meaning you can follow how the Broncos fare on the field and adjust your wagers accordingly. The range of wagers is similar to pre-match betting, but they can be much more specific depending on what’s happening at the moment.

Moreover, many sportsbooks now allow a twist to the standard live betting format — micro-betting. Here, you get to wager on play-by-play moments, allowing you to truly get in the thick of things.

Parlays

Parlays are multiple wagers bundled into a single betting slip. Unlike several separate single bets, a parlay multiplies the odds for all selections, making their potential payouts much better. However, each of your predictions needs to be correct to win the whole parlay, which isn’t easy.

Sportsbooks in the past haven’t allowed punters to create same-game parlays, but today, many have the SGP option. For example, this lets you place a parlay bet predicting that the Broncos will win a game and that the total score will go over 48 points.

Who Has the Best Odds on the Denver Broncos?

No online bookmaker has the best odds on the Broncos at all times. With countless betting options, you need to look for the best one for every bet you want to make.

This is called line shopping, and it’s made easier by odds comparison sites like ours. Whenever you want to place a wager, just check how the odds differ across the leading sportsbooks and choose the best offer.

By finding the site with the best odds every time, you’re increasing your earnings over time, as sportsbooks have slight deviations in the size of the odds. The difference is small but adds up over time, making line shopping a lucrative venture.

How to Find Odds for the Denver Broncos and Place a Bet

If you’re ready to start betting on the Broncos, here are the steps you’ll need to follow:

1. Pick one of the sportsbooks we recommend and visit the official site.
2. Create an account by following the registration process.
3. Verify your account and identity if necessary.
4. Visit the Deposit section, pick a payment option, and complete your first transfer.
5. Visit the NFL betting area and locate a Broncos game.
6. Browse the markets and click the odds next to the bet you want to place.
7. Input the amount you want to stake and complete the wager.

Denver Broncos Betting Odds FAQ

Have the Denver Broncos ever won the Super Bowl?

Yes, and not only have they won the Super Bowl in the past, but they’ve done it three times. In fact, they are one of the 14 franchises to score more than one championship. They won two consecutive Super Bowls in 1997 and 1998 and then again in 2015.

What chances do the Denver Broncos have of winning Super Bowl LVII?

The chances of the Broncos scoring the champion title this time around are slim, judging by the odds being around 150 at most sportsbooks.

What are the odds of the Denver Broncos reaching the playoffs?

Sportsbooks set the odds of the Denver Broncos reaching the playoffs this season at only 7.8. The odds of them winning the AFC West are far worse, being around 31 on most betting platforms. Unfortunately, they have a high chance of ending the season as the fourth-ranked team in their division yet again.