Best NFL Underdog Bets for Week 3

Assessing the NFL betting odds and lines for Week 3 and picking out the 3 best underdogs bets to lock-in.

The NFL’s Week 2 was an abnormal week in an abnormal season. Deservedly, the mass injury carnage dominated the headlines, but in the wagering realm, underdogs won the week, going 9-7 against the spread.

That in itself isn’t noteworthy coming off last season, but it was the way most of the underdogs covered that was odd. In a typical NFL week, roughly 85% of winning teams cover the spread, but only nine of 16 did so in Week 2, making for a strange wagering week.

Despite the underdogs’ winning week, we didn’t fully capitalize here, going 1-2 to fall to 1-5 on the season.

Regroup we must. Here are your Week 3 NFL underdog selections, utilizing the Thursday lines from BetMGM.

NFL underdog best bets: Week 3

San Francisco 49ers at New York Giants +4 (-110)

Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated Thursday at 10:10 a.m. ET.

The aforementioned injury carnage has hit the Niners especially hard with QB Jimmy Garoppolo, RBs Raheem Mostert and Tevin Coleman, TE George Kittle, DE Nick Bosa, CB Richard Sherman and a gaggle of wide receivers going down so far.

Moreover, it’s the second straight Sunday playing on the MetLife Stadium turf, and the 49ers weren’t too keen about it in last week’s 31-13 win over the Jets, suggesting it contributed to some of the injuries.

The Giants, meanwhile, certainly didn’t escape the injury bug’s bite, losing stud RB Saquon Barkley for the season with a torn ACL and starting WR Sterling Shepard for the next few weeks due to a toe injury.

It’s just a bad spot all around for the battered Niners playing an early game in the Eastern Time Zone at a stadium they’d rather not be at.

Take the GIANTS +4 (-110) and the points.

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Tampa Bay Buccaneers at Denver Broncos +6.5 (-110)

QB Tom Brady and the Bucs took strides in a Week 2 rout of the Carolina Panthers at home following a season-opening road loss against the New Orleans Saints.

The Broncos, meanwhile, are a close second to the 49ers in terms of injury misfortune and they’ll be without QB Drew Lock, WR Courtland Sutton, LB Von Miller and top CB A.J. Bouye, among others.

Still, the 0-2 Broncos’ replacement players have stepped up, going 2-0 against the spread in close, down-to-the-wire losses to formidable foes in the Tennessee Titans and Pittsburgh Steelers.

Two other numbers in Denver’s favor:

  • The Broncos are 6-2 ATS in their last eight September home games as an underdog.
  • Brady is 8-9 all-time vs. Denver – the only team he owns a losing record against – and is 4-7 in Denver, including the postseason.

Look for Brady to get to .500 vs. Denver, but bet on the BRONCOS +6.5 (-110) to cover in another tight loss.

Green Bay Packers +3 (-110) at New Orleans Saints

This reeks of recency bias but if the Saints struggled in containing QB Derek Carr and the Las Vegas Raiders on Monday night, why should they be favored against one of the league’s hottest quarterbacks in Aaron Rodgers and his league-leading 91.7 QBR, rushing leader Aaron Jones (234 yards) and the NFL’s highest-scoring team (85 points)?

Normally, a super-charged Superdome crowd would be in the Saints’ corner, but not in 2020.

On the field, 41-year-old QB Drew Brees has looked decidedly mediocre, with a 68.8 QBR and averaging only 6.9 yards per attempt, and he may be without his top target again in injured wideout Michael Thomas.

Take the PACKERS +3 (-110) and the points, and don’t be afraid to hit the Green Bay moneyline (+140) as well.

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NFL Betting – NFL Power Ratings: Week 3

Team-by-team NFL Power Ratings entering Week 3 of the NFL season.

The NFL Power Ratings are a numerical value for each team. For example, using a visiting team’s Power Rating of 91 and a home team’s Power Rating of 95 plus adding in the home team’s “Home Field Advantage” of 2.5 would mean that the home team would be favored on the betting line by 6.5 points.

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NFL Team Previous Power Rating Current Power Rating Home Field Advantage
Arizona 94 94.5 1.5
Atlanta 92.5 93.5 1.5
Baltimore 100.5 102 2
Buffalo 96 95.5 2
Carolina 88 88 1
Chicago 92 91 2
Cincinnati 88 88 1
Cleveland 92 92 2
Dallas 95.5 95 2
Denver 91.5 91.5 1
Detroit 92.5 90.5 1.5
Green Bay 96.5 97 2.5
Houston 92 92 1
Indianapolis 94.5 96 2
Jacksonville 88.5 90.5 1.5
Kansas City 101.5 100.5 2.5
L.A. Chargers 92 93 1.5
L.A. Rams 95.5 95.5 1.5
Las Vegas 92 92.5 2
Miami 89 89 1
Minnesota 94 92 2
NY Giants 88.5 90 2
NY Jets 90 87.5 1
New England 95 95 2.5
New Orleans 99 97.5 2.5
Philadelphia 92.5 91.5 1.5
Pittsburgh 97 95.5 1.5
San Francisco 98 97 2
Seattle 96 96.5 3
Tampa Bay 95 97.5 2
Tennessee 96 96 2
Washington 89 87 1

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NFL Power Ratings courtesy of VSiN Sports Network.

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Arizona Cardinals open as favorites in Week 3 vs. Detroit Lions

The Arizona Cardinals are laying 6.5 points in Week 3 at home vs. the Detroit Lions.

The Arizona Cardinals (2-0) play their second game in a row at home in Week 3, hosting the Detroit Lions (0-2) Sunday at 4:25 p.m. ET. The Cardinals open the week as 6.5-point favorites.

Arizona is 2-0 for the first time since 2015, and quarterback Kyler Murray is making plays with his arm and his legs. He has 516 passing yards in two games and 158 rushing yards and three touchdowns. They beat the Washington Football Team 30-15 on Sunday.

Detroit lost on Sunday to the Green Bay Packers 42-21 after building a 14-3 lead. The Lions have allowed 46 second-half points in two games.

BetMGM Sportsbook opened Arizona as a -286 favorite, and Detroit is priced at +235 with a projected total of 52.5 (Over and Under both -110).

Lions at Cardinals betting odds, spread and line

Odds via BetMGM; last updated Monday at 7:30 a.m. ET. 

  • Money line: Cardinals -286 (bet $286 to win $100) / Lions35235 (bet $100 to win $24) | Bet now
  • Against the spread: Cardinals -6.5, -110 (bet $110 to win $100) / Washington +6.5, -110 (bet $110 to win $100) | Bet now
  • Total: 52.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

New to NFL betting?

At -286 odds, the Cardinals have an implied 74.09% chance of beating the Lions in Week 2, or 50/143  fractional odds. Arizona must win by a touchdown or more for the Cardinals’ -6.5 (-110) against the spread ticket to cash.

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The underdog Lions, at +235 odds, have an implied 29.85% chance of winning, or 47/20 fractional odds. If Arizona wins or loses by less than 6 points, a Washington +6.5 (-110) bet wins.

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NFL Betting – NFL Power Ratings

Team-by-team NFL Power Ratings entering Week 2 of the NFL season.

The NFL Power Ratings are a numerical value for each team. For example, using a visiting team’s Power Rating of 91 and a home team’s Power Rating of 95 plus adding in the home team’s “Home Field Advantage” of 2.5 would mean that the home team would be favored on the betting line by 6.5 points.

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

NFL Team Previous Power Rating Current Power Rating Home Field Advantage
Arizona 93 94 1.5
Atlanta 92.5 92.5 1.5
Baltimore 99.5 100.5 2
Buffalo 95.5 96 2
Carolina 88 88 1
Chicago 92 92 2
Cincinnati 88 88 1
Cleveland 94 92 2
Dallas 97.5 95.5 2
Denver 92.5 91.5 2
Detroit 93 92.5 1.5
Green Bay 96.5 96.5 2.5
Houston 93 92 1.5
Indianapolis 96 94.5 2
Jacksonville 87 88.5 1
Kansas City 100 101.5 2.5
L.A. Chargers 92 92 1
L.A. Rams 93 95.5 1.5
Las Vegas 92 92 1
Miami 90 89 1
Minnesota 96 94 3
NY Giants 88.5 88.5 1.5
NY Jets 91 90 1
New England 94.5 95 2
New Orleans 97 99 2
Philadelphia 94.5 92.5 2
Pittsburgh 96 97 2
San Francisco 98.5 98 2
Seattle 95 96 3
Tampa Bay 95 95 2
Tennessee 96 96 2
Washington 88 89 1

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NFL Power Ratings courtesy of VSiN Sports Network.

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Tennessee Titans heavy favorites in Week 2 against Jacksonville Jaguars

The Tennessee Titans are big betting favorites in their 2020 home opener against the Jacksonville Jaguars in Week 2.

The Tennessee Titans (1-0) will host the Jacksonville Jaguars (1-0) in Week 2 for an AFC South battle at Nissan Stadium in Nashville at 1 p.m. ET. Both teams opened their seasons with victories in Week 1, but the Titans are huge favorites to start the week, favored by 8 points.

Jacksonville picked up a 27-20 Week 1 win over the Indianapolis Colts behind QB Gardner Minshew‘s 173 yards and three touchdowns on 19-of-20 passing. The Jags picked off Colts QB Philip Rivers twice to win despite only 241 yards of total offense.

The Titans picked up a 16-14 win Monday night on the road over the Denver Broncos. Despite three missed field goals and a missed extra point by PK Stephen Gostkowski, he bounced back to make a 25-yarder with 17 seconds left in the game. RB Derrick Henry rushed for 116 yards and QB Ryan Tannehill threw two touchdown passes without an interception.

BetMGM Sportsbook opened Tennesse as a -400 favorite, while Jacksonville is priced at +320 with a projected total of 41.5 (Over and Under both -110).

Jaguars at Titans betting odds, spread and line

Odds via BetMGM; last updated Wednesday at 8 a.m. ET. 

  • Money line: Titans -400 (bet $400 to win $100) / Jaguars +320 (bet $100 to win $320) | Bet now
  • Against the spread: Titans -8, -110 (bet $110 to win $100) / Jaguars +8, -110 (bet $110 to win $100) | Bet now
  • Total: 41.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

New to NFL betting?

At -400 odds, the Titans have an implied 80% chance of beating Jacksonville in Week 2, or 1/4  fractional odds. Tennessee must win by 9 or more points for the Titans’ -8 (-110) against the spread ticket to cash.

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The underdog Jaguars, at +320 odds, have an implied 23.81% chance of winning, or 16/5 fractional odds. If Jacksonville loses by 8 or fewer points, or wins outright, a Jaguars +8 (-110) bet wins.

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Cardinals 6.5-point favorites in home opener vs. Washington Football Team in Week 2

The Arizona Cardinals are laying 6.5 points in its home opener against the Washington Football Team in Week 2.

The Arizona Cardinals (1-0) play their home opener in Week 2, hosting the Washington Football Team (1-0) at State Farm Stadium Sunday at 4:05 p.m. ET. After both teams are a surprising 1-0 to start the season, the Cardinals open the week as 6.5-point favorites

Arizona, behind 91 rushing yards and a touchdown from QB Kyler Murray and a career-high 14 catches for 151 yards from receiver DeAndre Hopkins, upset the San Francisco 49ers on the road 24-20. Murray also passed for 230 yards and a touchdown.

Washington picked up a win over the Philadelphia Eagles after falling behind 17-0. They sacked Eagles QB Carson Wentz eight times and rallied to win 27-17.

BetMGM Sportsbook opened Arizona as a -295 favorite and Washington is priced at +240 with a projected total of 46.5 (Over and Under both -110).

Football Team at Cardinals betting odds, spread and line

Odds via BetMGM; last updated Tuesday at 5:20 a.m. ET. 

  • Money line: Cardinals -295 (bet $295 to win $100) / Football Team +240 (bet $100 to win $240) | Bet now
  • Against the spread: Cardinals -6.5, -110 (bet $110 to win $100) / Football team +6.5, -110 (bet $110 to win $100) | Bet now
  • Total: 46.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

New to NFL betting?

At -295 odds, the Cardinals have an implied 74.68% chance of beating Washington in Week 2, or 20/59  fractional odds. Arizona must win by a touchdown or more for the Cardinals’ -6.5 (-110) against the spread ticket to cash.

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The underdog Washington, at +240 odds, have an implied 29.41% chance of winning, or 12/5 fractional odds. If Arizona wins or loses by less than 6 points, a Washington +6.5 (-110) bet wins.

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Kansas City Chiefs open as monster favorites in Week 2 vs. Los Angeles Chargers

The Kansas City Chiefs are 8.5-point favorites in the Los Angeles Chargers’ SoFi Stadium debut in Week 2.

The Los Angeles Chargers (0-1) are getting 8.5 points as they host the Kansas City Chiefs (1-0) for its first game in SoFi Stadium, Sunday, at 4:25 p.m. ET. Below, we take a look at the early Week 2 betting odds and lines at BetMGM Sportsbook.

Kansas City beat the brakes off of the Houston Texans 34-20 in the 2020 NFL Kickoff game last Thursday. It was a pretty flawless performance from the defending Super Bowl champions: Pat Mahomes tossed three touchdown passes, one apiece to Tyreek HillTravis Kelce and Sammy Watkins, while rookie RB Clyde Edwards-Helaire added 138 rushing yards and one rushing touchdown.

Los Angeles held off the host Cincinnati Bengals 16-13 in Week 1. The defense was key to the Chargers’ win: LA held Cincinnati to 4.4 yards per play and forced two turnovers.

Chiefs at Chargers betting odds, spread and line

Odds via BetMGM; last updated Monday, 5:10 p.m. ET. 

  • Money line: Chiefs -400 (bet $400 to win $100) / Chargers +315 (bet $100 to win $315) | Bet now
  • Against the spread: Chiefs -8.5, -110 (bet $110 to win $100) / Chargers +8.5, -110 (bet $110 to win $100) | Bet now
  • Total: 49.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

New to NFL betting?

At +400 odds, the Chiefs have an implied 80% chance of beating the Chargers in Week 2, or 1/4 fractional odds. Kansas City must win by nine or more points for the Chiefs -8.5 (-110) ticket to cash.

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The underdog Chargers, at +315 odds, have an implied 24% chance of winning, or 63/20 fractional odds, in Week 2. If LA wins or loses by eight or fewer points, a Chargers +8.5 (-110) bet wins.

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Baltimore Ravens 6.5-point road favorites at Houston Texans in Week 2

The Baltimore Ravens looked like Super Bowl contenders in Week 1 and come into their Houston Texans Week 2 game as 6.5-point favorites.

The Houston Texans (0-1) host the AFC North juggernaut Baltimore Ravens (1-0) at NRG stadium as 6.5-point home underdogs in Week 2. Kickoff is scheduled for Sunday at 4:25 p.m. ET.

Baltimore and Lamar Jackson trampled the Cleveland Browns 38-6 in Week 1 behind a 94.1 QB rating from Jackson which included 275 passing yards and three touchdowns.

Houston lost the NFL season-opener 34-20 to the reigning Super Bowl champion Kansas City Chiefs. The Chiefs were just too dynamic for the Texans, committing zero turnovers, one penalty and possessing the ball for nearly 35 minutes.

BetMGM Sportsbook opened Baltimore as a -278 favorite and Houston is priced at +230 with a projected total of 51.5 (Over and Under both -110).

Ravens at Texans betting odds, spread and line

Odds via BetMGM; last updated Monday at 5 p.m. ET. 

  • Money line: Ravens -278 (bet $278 to win $100) / Texans +230 (bet $100 to win $230) | Bet now
  • Against the spread: Ravens -6.5, -110 (bet $110 to win $100) / Texans +6.5, -110 (bet $110 to win $100) | Bet now
  • Total: 51.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

New to NFL betting?

At -278 odds, the Ravens have an implied 73.53% chance of beating the Texans in Week 2, or 9/25 fractional odds. Baltimore must win by a touchdown or more for the Ravens’ -6.5 (-110) against the spread ticket to cash.

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

The underdog Texans, at +230 odds, have an implied 30.30% chance of winning, or 23/10 fractional odds. If Houston wins or loses by less than 6 points, a Texans’ +6.5 (-110) bet wins.

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New Orleans Saints favored by 5.5 points against Las Vegas Raiders in Week 2

The Las Vegas Raiders are spotted 5.5 points as they begin a new era at Allegiant Stadium in Week 2 against the New Orleans Saints.

The Las Vegas Raiders (1-0) kick off their Sin City era by hosting the New Orleans Saints (1-0) on Monday Night Football at 8:15 p.m. ET in Allegiant Stadium. ET. Below, we take a look at the early Week 2 betting odds and lines at BetMGM Sportsbook.

New Orleans’ defense came up big in its Week 1 win over the Tampa Bay Buccaneers. The Saints intercepted two Tom Brady passes, including a pick-six, and held Tampa Bay to just 3.3 yards per rush in the 34-23 win.

Vegas won and covered on the road against the Carolina Panthers 34-30, thanks to a great performance by RB Josh Jacobs—139 all-purpose yards and three rushing TDs.

Saints at Raiders betting odds, spread and line

Odds via BetMGM; last updated Monday, 2:10 p.m. ET. 

  • Money line: Saints -239 (bet $239 to win $100) / Raiders +195 (bet $100 to win $195) | Bet now
  • Against the spread: Saints -5.5, -110 (bet $110 to win $100) / Raiders +5.5, -110 (bet $110 to win $100) | Bet now
  • Total: 50.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

New to NFL betting?

At -239 odds, the Saints have an implied 71% chance of beating the Raiders in Week 2, or 41/98 fractional odds. New Orleans must win by six or more points for the Saints -5.5 (-110) ticket to cash.

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

The underdog Raiders, at  +195 odds, have an implied 34% chance of winning, or 39/20 fractional odds, in Week 2. If Las Vegas wins or loses by five or fewer points, a Raiders +5.5 (-110) bet wins.

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Carolina Panthers 9.5-point dogs at Tampa Bay Buccaneers in Week 2

The Carolina Panthers enter Week 2 as underdogs vs Tom Brady and the Tampa Bay Buccaneers.

The new-look Tampa Bay Buccaneers (0-1) host a new version of the Carolina Panthers (0-1) for their Week 2 home opener in Raymond James Stadium Sunday at 1 p.m. ET. Below, we take a look at the early Week 2 betting odds and lines at BetMGM Sportsbook.

Tompa Bay stumbled out the gate—losing 34-23 at the New Orleans Saints in Week 1—with Tom Brady’s two interceptions and abysmal 34.5 QBR. The Panthers dropped a back-and-forth game to the Las Vegas Raiders 34-30, despite 134 all-purpose yards and two TDs from newly minted RB Christian McCaffery.

Panthers at Buccaneers betting odds, spread and line

Odds via BetMGM; last updated Monday at 4 p.m. ET. 

  • Money line: Buccaneers -400 (bet $400 to win $100) / Panthers +320 (bet $100 to win $320) | Bet now
  • Against the spread: Buccaneers -9.5, -110 (bet $110 to win $100) / Panthers +9.5, -110 (bet $110 to win $100) | Bet now
  • Total: 49.5, Over -110 (bet $110 to win $100) / Under -110 (bet $110 to win $100) | Bet now

New to NFL betting?

At -400 odds, the Buccaneers have an implied 80% chance of beating the Panthers in Week 2, or 1/4 odds.

For every $40 you wager on Buccaneers, you profit $10 if Tampa Bay beats Carolina straight up.

The underdog Panthers, at +320 odds, have an implied 23.81% chance of winning, or 16/5 fractional odds. However, if they pull off the upset over the favored Buccaneers, every $10 wagered on the Panthers to win returns a hefty profit of $32.

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

Also see:

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