NFL Betting Data: Where Is Money Heading For Week 1?

Written By Eli Hershkovich on September 7, 2022
NFL Betting Data

Over the last 24 hours alone, Week 1 lines are getting bet every which way. With that in mind, let’s break down the latest NFL betting data at BetMGM Sportsbook. Click on any of the odds below to place a wager.

$10,000 NFL Pick’em Pool! Compete for huge prizes by entering our FREE season-long NFL contest. It’s not too late to play!

NFL Betting Data: Week 1 Spreads

Unsurprisingly, the Broncos have attracted the highest percentage of money (91.5%) among the NFL Week 1 spread handles, as of Wednesday afternoon. They’re 6.5-point road favorites for Russell Wilson’s return to Seattle. Denver opened at -4, but money has obviously played a role in pushing this line up to nearly the key number of a touchdown.

The Ravens (90.5%) follow, considering bettors aren’t expecting much from a Joe Flacco-led offense — even against his former team. The consensus line is at the Jets.

Carolina Panthers (81.1%) rank next on the list while bucking the trend of betting action backing one of the market’s perceived contenders in Super Bowl 57 odds. They’re against the Browns after reaching as high as -2.5.

Given the Deshaun Watson suspension and Baker Mayfield’s potential revenge against his former Browns teammates, the line movement isn’t a shock.

Indianapolis (79.6%) finds itself fourth within this NFL betting data. Matt Ryan and the new-look Colts kicked off as 7.5-point favorites in May before shifting to -8.5. However, sharp bettors helped knock the spread all the way down to -7 for their Sunday afternoon tilt versus Davis Mills and the Texans.

Below is a complete look teams that have accumulated over 55% of the spread handle within BetMGM’s NFL betting data, as of this writing.

Team Handle%Opening SpreadCurrent Line
Broncos91.5%-4.5-6.5 (-110)
Ravens90.5%-4.5-7 (-105)
Panthers81.1%+4.5-1.5 (-110)
Colts79.6%-7.5-7 (-110)
Saints 77.9%-4-5.5 (-110)
Chiefs73.5%-3-6 (-110)
Packers68.5%-1.5-1.5 (-110)
49ers62.0%-6.5-7 (-110)
Eagles 61.9%-3.5-4 (-110)
Buccaneers61.3%-2.5-2.5 (-110)
Dolphins56.0%-2.5-3.5 (-110)
Bengals55.5%-6.5-6.5 (-110)

NFL Betting Data Takeaways

BetMGM sports trader Christian Cipollini noted that while the early Week 1 handle is certainly influential in shaping the spread, the line could move the other way later in the week.

“The majority (of the handle) comes in up till kickoff,” Cipollini said on our “Behind TheLines” podcast. “Sharp action (comes in) Monday morning, Tuesdays, runs up a lot on Saturday. But that last hour — from 12 o’clock till 1 o’clock (p.m. EST) — everything’s coming in as fast as possible. … It’s hard to read it at that point (because that’s an influx of money on the screen.”

For a bettor’s perspective on how the initial action within BetMGM’s NFL betting data may impact your handicapping, listen to “Beat The Closing Line,” a biweekly NFL podcast with our lead contributors.

NFL Betting Promos In Your State

UP TO $1,050 FREE
New User Bonus. T&Cs Apply.
DraftKings Promo: Bet $5 Win $200
PLUS $50 Free On Deposit
PLUS Up to $1,000 Deposit Bonus
To Claim: Click Bet Now
UP TO $1,250
On Caesars
Up to $1,250 On Caesars
+ get 1,000 Caesars Reward Credits 
+ also get 1,000 Tier Credits 
Redeem for free bets, hotel stays, & more!
Use Promo Code: LEGALFULL
No Sweat First Bet
Up to $1,000 No Sweat First Bet
Available on iOS, Android & Desktop
To Claim: Click Bet Now
Risk Free Bet
Exclusive Offer:
$100 Risk Free Bet
Use Promo Code: BETBONUS
Eli Hershkovich Avatar
Written by
Eli Hershkovich

Eli Hershkovich is a lead sports betting writer with TheLines and Catena Media, formerly with Audacy and The Action Network. His goal is to provide you with data and information to lead you to winning bets. Eli is an avid college basketball gambler — among many other sports — and still hasn't forgiven Virginia for ruining his 2018-2019 Texas Tech futures.

View all posts by Eli Hershkovich