Indianapolis Colts Get Unfavorable Odds For 2024 NFL Season

Anthony Richardson, Indianapolis Colts
NFL Analysis Network

The Indianapolis Colts came tantalizingly close to clinching a playoff spot and seizing the AFC South crown in the 2023 season, with only a dropped pass by Tyler Goodson standing in their way.

Despite setbacks like the loss of their rookie quarterback, Anthony Richardson, the team defied expectations and nearly secured postseason glory in what many considered a rebuilding phase.

Looking ahead to the 2024 campaign, with Richardson poised for a return to full health, one might assume the Colts are primed for playoff contention. However, oddsmakers appear unconvinced.

DraftKings Sportsbook currently pegs the Colts’ playoff chances at +160, indicating a 38.46% implied probability. While this may seem discouraging, there’s reason for optimism among Colts faithful.

Although the team has been relatively quiet on the offseason front, focusing primarily on retaining key players like Michael Pittman and Zaire Franklin, there’s still ample time for roster enhancements. With the No. 15 pick in the upcoming NFL Draft, the Colts have an opportunity to bolster their lineup before the season commences.

Two factors suggest a promising outlook for the Colts in 2024. Firstly, the return of Richardson promises to inject potency into the offense, building upon the glimpses of brilliance he displayed as a rookie. Secondly, the team benefits from a favorable schedule, boasting one of the easiest slates in the AFC based on opponents’ combined winning percentage from the previous season.

What’s more, the current odds offer an enticing proposition for those who believe in the Indianapolis Colts’ potential. At +140, a $100 wager could yield a $240 total payout if the team secures a playoff berth—a tempting opportunity for bettors confident in the Colts’ prospects.

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