Indianapolis Colts

Best Indianapolis Colts Betting Odds

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

Betting on the Indianapolis Colts

The Indianapolis Colts fans will be looking to put the 2022 season behind them as soon as possible. In one of their worst campaigns in recent memory, the Colts finished with a 4–12–1 record, fired long-term head coach Frank Reich, and made history for the biggest blown lead when they squandered a 33-0 halftime lead against the Vikings, losing 39-36 in overtime.

But the new season has kicked off, and once again, the Colts have been tagged as playoff favorites. They have won three of their first five games, with their latest victory being a 23-16 win over the Titans at the Lucas Oil Stadium.

With the team seemingly playoff-bound, they remain one of the best squads to bet on this NFL season. If you’re looking to make some money on the Colts this year, follow us, as we’ll guide you to the best NFL sportsbooks with highly competitive odds, diverse betting options, and unique NFL markets tailored to suit your needs.

Indianapolis Colts Betting Odds — Types of Bets

Betting on NFL games is another great way to enjoy the competition. You get to experience the thrills of the moment and also stand a chance of winning cash rewards. Here’s a brief overview of the major types of bets you can place on the Colts this season, with some examples that will help you understand them better.

Point Spread

Point spread is a popular type of NFL bet, where the bookmaker uses a handicap to put two uneven teams (a favorite and an underdog) on equal ground. Due to the handicap, the favorite has to win by a specific number of points, while the underdog simply needs to win or avoid losing by the same number of points. Here’s a real-life example of how this type of bet works.

Let’s say the spread for the Colts in their upcoming game against the Eagles has been set at -4.5, making them favorites (for the Eagles, it’s been set at +4.5). If you place a bet on the Colts to cover their spread, they’ll need to win the game by 5 points. On the other hand, a point spread bet on Philadelphia will be successful if they outright win the game or lose by 4 points or fewer.

Moneyline

Moneyline bets are the simplest type of NFL bets — you just have to predict the winner between two teams: nothing but the final score at the end of the game matters. Based on the moneyline odds, you can tell who the bookies think are favorites or underdogs. The team with the higher odds is considered less likely to win.

Let’s say these were the moneyline odds for the Colts game against the Jaguars:

• Colts: 1.44
• Jaguars: 2.30

Based on the example above, the Colts are the favorites, and if you placed a $70 bet on them to win, your potential profit would be $30.8. Placing the same bet on the Jaguars, who are the underdogs, would yield $91 in profits.

Totals (Over/Under)

The concept of totals betting is rather straightforward — bookies set a total for an upcoming game, and you are supposed to place bets on whether the overall number of points in the game will go under or over this amount. How the points are scored or which team has scored them doesn’t matter.

For example, say the over/under for the Colts game against the Raiders has been set at 41.5. If you wager on the over, you will need a combined score of 42 or more to win your bet. A wager on the under will be successful if the game finishes with 41 points or fewer.

Some bookies set the totals line at a round number (for example, 40). If the game ends with this many points precisely, the bet will result in a push, and your stake will be returned to you.

Futures

Futures are wagers on events that won’t be decided until later into the season. These could be bets on individual or team achievements, like the team you think will win the league or a player you believe will take home the Rookie of the Year or league MVP award.

Futures bets take a long time to be finalized, but they usually come with bigger rewards.

Prop Bets

Prop bets are generally wagers that don’t focus solely on the total score, margin of victory, or winner of the game. These bets can be placed on the specifics related to both teams and players. For example, you could place a prop bet on the Colts being the first team to score a touchdown in their game against the Raiders. On the other hand, if you prefer player props, you could bet on Anthony Richardson posting more than 1,000 rushing yards.

Live Betting

Live betting allows you to bet on different actions as they unfold right in front of you. These types of bets are perfect for players who enjoy in-game predictions and want to immerse themselves in the thrill of the moment. Live betting odds change quickly based on the events in the game, and you’ll need to be alert if you want to capitalize on these changes.

Parlays

Parlays are simply multiple bets tied into one bet slip. The bets you’ve combined can all be on the same or different teams. For example, you could place a moneyline bet on the Colts and also back them to cover their spread.

These bets involve taking calculated risks on multiple events — the greater the risks, the greater the rewards.

Who Has the Best Odds on the Indianapolis Colts?

No sportsbook can confidently say they offer the best odds on all NFL betting markets. To ensure you get the best value for your money at all times, you’ll need to do a bit of line shopping.

We understand that having to find and compare odds from multiple bookies can be frustrating, and that’s why we’ve decided to do the hard work for you. Our NFL odds comparison site lets you check how the odds are listed across different sportsbooks so that you can easily choose the best ones.

How to Find Indianapolis Colts Betting Odds and Place a Bet

To start placing bets on the Colts, here are seven simple steps you should follow:

1. Browse through our recommended bookmakers, make a choice, and visit their official website.
2. Create an account by entering all the required details on the registration page.
3. Verify and log in to your account.
4. Go to the Cashier section, click Deposit, and pick a payment method to fund your account.
5. Navigate to the Sports section and find NFL markets, then check the Colts betting odds.
6. Make your picks by clicking on the odds under your preferred bet type. Repeat the process for all your picks.
7. Click on the bet slip icon to confirm all your selections. Input your wager amount and confirm the bet.

Indianapolis Colts Betting Odds FAQ

How do you read the Indianapolis Colts odds?

Reading the Colts odds on any market is easy — simply multiply the odds by your stake amount to get your potential payout. Say you’ve decided to place a moneyline bet on the Colts at 1.45 with a $45 stake. Your payout would be 1.45 x $45, which equals $65.25.

Have the Indianapolis Colts ever won the Super Bowl?

Yes, they have won two Super Bowl championships, once as the Baltimore Colts in 1971 and again as the Indianapolis Colts in 2007.

Where can I find odds boosts on the Indianapolis Colts games?

Our recommended bookies offer odds boosts on the Indianapolis Colts games from time to time. Visit our site to find them.