Big NFL Bets Week 5: $240K Bet At Caesars And Kentucky Online Sportsbooks Launch

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Written By Giovanni Shorter on October 5, 2023Last Updated on October 6, 2023
Biggest NFL Bets

Another week of the NFL is underway, and bettors are actively taking action on NFL Week 5 odds. Ahead of the matchups, let’s take a look at the biggest NFL bets we’ve discovered in recent days. A fan at Caesars Sportsbook wagered $240,000 on the New Orleans Saints -3 against the Tampa Bay Buccaneers—also, a look at the biggest bets from the launch of Kentucky online sportsbooks.

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Caesars Sportsbook Bettor Loses Big

Remember, this post is for informational and entertainment purposes only. We advise not to blindly follow bets published that have large dollar amounts, as sportsbooks sometimes take the largest bets from non-professional bettors.

The $240,000 wager at Caesars Sportsbook would have paid the bettors $200,000 in profit. Unfortunately, the Saints did not cover the spread and lost 26-9 at home to the Buccaneers. This is the second largest reported loss of the season among big NFL bets, only following the $360,000 on the Cincinnati Bengals -3 (-120) vs. the Baltimore Ravens Week 2.

Kentucky Online Sportsbooks Opening Weekend Brings Out The Sharps

It did not take long for Kentucky online sportsbooks to gain the attention of high-stakes bettors. Multiple big bets were placed over the weekend with carrying success. BetMGM gave us a breakdown of their biggest NFL bets in KY opening weekend.

Biggest Bets In Kentucky BetMGM And Results

  • 5k Packers +2.5 (-115) (loss)
  • 10k Western Kentucky -7 (-110) (winner)
  • 9k Louisville -3.5 (-110) (loss)
  • 10k Kentucky -1 (-110) (Winner)
  • 5k Patriots +6.5 (-115) (loss)

NFL Playoff Odds Examined

Also, BetMGM has had some significant line movement after the first few weeks. Bettors have shifted the odds and surprise performances, both good and bad, from select teams.

Looking at teams like the Cincinnati Bengals, who start the season 1-3, they now sit with short odds to miss the playoffs. Meanwhile, the Seattle Seahawks, who have opened the season going 3-1, now see short odds to make the playoffs.

To make the playoffs

  • Buccaneers +150, -125
  • Chargers +135, +100
  • Packers -150, +120
  • Seahawks +130, -145
  • Texans +500, +220

To miss the playoffs

  • Bengals +110, -275
  • Giants -600, -1600
  • Steelers +105, -250

How Bettors Are Wagering On Playoff Futures

The most action for teams to make/miss the playoffs remains the Arizona Cardinals. Meanwhile, the most money being wagered is on the Pittsburgh Steelers. Long odds on the Cardinals, in particular, have attracted a lot of sports betting fans hoping for a longshot playoff berth.

Most bet (tickets) teams to make/miss playoffs

Cardinals
Steelers
Broncos

Most bet (money) teams to make/miss playoffs

Steelers
Commanders
Falcons

Most bet (tickets) teams to MAKE playoffs

Cardinals +1400
Steelers +200
Broncos +800

Most bet (money) teams to MAKE playoffs

Steelers +200
Commanders +260
Falcons -115

Most bet (tickets) teams to MISS playoffs

Jets -1400
Lions +340
Bengals -275

Most bet (money) teams to MISS playoffs

Browns +130
Bears -10000
Bengals -275

Big Payout On Parlay

One bettor at FanDuel Sportsbook cashed in $265,000 on one of the biggest NFL bets last week for parlays. It was a $5,000 wager, with seven legs of player props and game lines on the ticket.

NFL Week 5 Odds

These are the biggest bets heading into Week 5. How many more big bets will be placed this week?

  • Join TheLines.com’s free sports betting Discord with more than 4,000 community members and our staff sharing betting ideas every day. Go to the #roles server to get push notifications to the Discord app from TheLines.com staff when they lock in a bet.

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