Indianapolis Colts odds favorite over Jacksonville Jaguars in NFL Week 1 action

When the Indianapolis Colts and Jacksonville Jaguars in Week 1, the Colts come in as betting odds favorites

The Indianapolis Colts and Jacksonville Jaguars meet in Week 1 Sunday, Sept. 13th at 1 p.m. ET as both clubs kickoff their 2020 NFL regular season. For anyone that has paid attention to the Jaguars recently, it should come as no surprise that the Colts are the favorite to win this matchup.

According to the oddsmakers at BetMGM Sportsbook, the Colts, with new starting QB Philip Rivers at the helm, are 7.5-point favorites over the Jaguars. That seems almost too low to us. After the Jaguars have nearly purged all of their most talented players in the past two seasons, one would think a double-digit spread wouldn’t have been out of the question in this one.

With an Over/Under set at 45 points, the oddsmakers expect this to be in the middle-of-the-road of scoring during the first week of the NFL season.

Colts vs. Jaguars sports betting odds and lines

Odds via BetMGM; last updated Sept. 3 at 3:30 p.m. ET

  • Money Line: Colts -400 (bet $400 to win $100) / Jaguars +300 (bet $100 to win $300) | Bet now
  • Against the Spread: Colts -7.5, -110 (bet $110 to win $100) / Jaguars +7.5, -110 (bet $110 to win $100) | Bet now
  • Total: 45, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

Place your legal sports bets online in CO, IN, NJ and WV at BetMGM. Risk free first bet! Terms and conditions apply. Bet now!

New to the world of sports betting? At -400 odds, the Colts have an implied 80.00% chance of beating the Jaguars in Week 1, or 1/4 fractional odds. As the heavy favorite, the return on the Colts is quite low and they are considered the “chalk pick” in the matchup. For every $10 you wager, you profit just $2.50 with a Indianapolis victory over the Jaguars.

Also see: SportsbookWire’s Bet Slippin’ Podcast

The underdog Jaguars, at +300 odds, have an implied 25% chance of winning, or 3/1 fractional odds. However, if they pull off the upset over the favored Colts, every $10 wagered on the Jaguars to win returns a healthy profit of $30.00.

Access all of our NFL betting picks and predictions at SportsbookWire.com; follow us on Twitter and like us on Facebook.

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