Do the Indianapolis Colts have what it takes to win it all this year? We look at the sports betting odds around their chances of being the 2021 Super Bowl champions.
The joy of the preseason is that all fan bases – OK, almost all of them – have hope their favorite team will be holding the Lombardi Trophy at the end of the year. However, there can only be one…
Indianapolis Colts Super Bowl LV odds
According to the oddsmakers at BetMGM sportsbook, the Colts Super Bowl odds are at +2500 to win the championship this season. In fractional odds, that’s 25/1. It implies the team has a 0.0385 chance of winning.
Are you new to sports betting? Future odds like these give sports bettors, both experienced and casual, the opportunity to place an early wager on the team(s) they think will be this season’s NFL champion. As the year passes, the odds will move – the better a team becomes in the eyes of the oddsmakers, the shorter the odds will become. The worse a team looks, the longer the odds will be. If a team starts to receive a large number of bets on them, sportsbooks will also start to move the lines up and down to help cover their bases, too. By placing a bet early, it gives you the opportunity to receive a better potential return on your wager assuming those odds will later become shorter and, more importantly, less profitable.
A $100 wager on the Colts at +2500 odds returns a profit of $2,500 should they go on to win the Super Bowl this year.
Looking to place a bet on next year’s Big Game? Place your legal sports wagers online at BetMGM. Bet now!
When is Super Bowl LV?
The 2021 Super Bowl, which will be the 55th Super Bowl, is slated for Sunday, February 7, 2021. The game is scheduled to be played at Raymond James Stadium in Tampa, FL.
For more sports betting tips and recommendations, visit SportsbookWire.com. Or follow us on Twitter and Facebook. Please gamble responsibly.
Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.
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