Indianapolis Colts Betting Odds | How to Bet on Sports

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The Colts are a professional football team based out of Indianapolis, Indiana. The team is part of the American Football Conference South division, and they play their games at Lucas Oil Stadium.

Indianapolis Colts Betting: How to Bet on this Team

Now on this Indianapolis Colts Betting page, let’s check out the different ways in which you can place a bet on this team:

Moneyline

The moneyline is the simplest bet, and it is decided by who wins and who loses each game outright. Take a look at the following:

  • Colts -115
  • Browns +130

The Colts are the favorite in this game (shown by -115), so you have to bet $115 to win $100. (plus the initial bet back). The Browns are the underdog in this game, and a $100 bet on them would win $130 ($230). Moneyline bets always pay out the same amount, no matter how much either team wins or loses.

Point spread

The number of points a team wins or loses by is based on how many points people bet on the point spread. Take a look at the following:

  • Colts -6.5 (-110)
  • Texans +6.5 (-110)

In this case, “-6.5” means that Indianapolis is favored by 6.5 points. If the Colts win the game 24-17, the bet is won by the Colts (-6.5), and a $10 bet would pay out $19.09 (a $9.09 profit). If the Texans keep the game within seven points and lose 24-20, the Texans (+6.5) would win, and the payout would be the same as shown above.

Point total (over/under)

The over/under line is what the point total is referring to. This number predicts the total number of points scored in a game, and like prop betting, people bet on whether they think the score will go over or under the set point total. For example, a game between the Colts and the Packers was expected to end with 54.5 points. The Colts won the game 34–31, and there were a total of 65 points scored. Those who bet that the game would have more points than that would win.

The Colts scored about average amounts of points in 2020 because they had a strong defense and a strong running game (often between 52 and 56 points). Whoever starts at quarterback for Indy in 2021 will decide how many points they get. Unless the Colts sign a star quarterback in free agency or trade for one, their point totals will probably go down as the new quarterback learns the offense.

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Indianapolis Colts Betting Odds: The Average Line

When searching for Indianapolis Colts Betting Odds, this is what an online sports betting line looks like:

Colts: Betting odds, spread, and lines

  • Money line: Colts -350 (bet $110 to win $100) | Patriots +270 (bet $100 to win $270)
  • Against the spread/ATS: Colts -7 (-110) | Patriots +7 (-110)
  • Over/Under: 46.5 (O: -110 | U: -110)

Indianapolis Colts Team Accomplishments

  • NFL Championships (pre-1970 AFL–NFL merger) (3): 1958, 1959, 1968 Super Bowl championships (2): 1970 (V), 2006 (XLI)
  • Conference championships (7): NFL Western: 1958, 1959, 1964, 1968. AFC: 1970, 2006, 2009
  • Division championships (16): NFL Coastal: 1968. AFC East: 1970, 1975, 1976, 1977, 1987, 1999. AFC South: 2003, 2004, 2005, 2006, 2007, 2009, 2010, 2013, 2014
  • Playoff appearances (28): NFL: 1958, 1959, 1964, 1965, 1968, 1970, 1971, 1975, 1976, 1977, 1987, 1995, 1996, 1999, 2000, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2012, 2013, 2014, 2018
 

Indianapolis Colts Brief History

In 1953, the city of Baltimore earned the right to create a brand new NFL franchise, and so the Colts were born. The team struggled during its first years, acquiring its first winning season until 1957.

And by 1958, they were already a competitive franchise, thanks to the leadership of coach Weeb Ewbank, and Johnny Unitas, leading the team to a 9-3 record that year, and getting their first title after defeating the Giants 23-17 at the NFL Championship Game.

And, after a few decades in Baltimore, the team was struggling both in terms of achievements and local government support. And so this led to a team relocation to Indianapolis, where the Colts played their first official game in 1984. That year the team went 4-12, and they combined for a low 8 wins during the following two seasons, including a 0-13 start in 1986.

But things took a turn for the better when running back Eric Dickerson became part of the team in 1987, allowing the franchise to finish with a 9-6 record that year, winning the AFC East, and advancing to the playoffs for the first time since the franchise moved to Indy.

But it was until 1998 that the Colts actually became a top team in the league, and that is thanks to Peyton Manning, the son of another legendary quarterback in Archie Manning. Manning was acquired as the first overall pick in that year’s draft, and the player and the Colts struggled during Manning’s first season. The first year as their starter, the team finished with just 3 wins, and Manning ended up with 28 interceptions.

By 1999, the team was starting to take shape, finishing the season with a 13-3 record, but losing to the Titans at the divisional playoffs. The Colts began 2005 undefeated at 9-0, and they accomplished the same feat the following year. But in 2006, they actually earned themselves a trip to Super Bowl XLI, the first championship game for the franchise since 1970.

The Colts ended up getting the title after defeating the Bears 29-17, allowing Manning and his teammates to acquire their first Super Bowl, as well as earning the first one for the city of Indy. The team enjoyed some sweet moments again when Andrew Luck became part of the team. But Luck was not able to lead the franchise to a title, and on August 24, 2019, he announced his retirement.

Indianapolis Colts Team Rivalries

As transplants from the AFC East, this franchise has rivalries with teams from that division, and also with teams from the AFC South, their current one.

New England Patriots

One of the team’s top rivalries is with the Patriots, and that is because of the continuous comparison between Peyton Manning and Tom Brady. At first, New England owned the series, handing Indy six straight defeats, including a 2003 AFC title game, and a 2004 AFC Divisional game.

The Colts were able to win the next 3 games in the series, including a 2006 AFC Championship Game, a match that gave Indianapolis a ticket for Super Bowl XLI. Now, there is some irony about this rivalry, as both of these teams were part of the AFC East, but they did not become direct rivals until the Colts moved to the AFC South!

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