NFL Week 17 Betting Preview: Indianapolis Colts At New York Giants

Written By Jeffrey Schreiber on January 1, 2023
giants vs. colts odds

The Indianapolis Colts visit the New York Giants on Sunday, January 1 at 1:00 p.m. ET. Primary markets for the game show New York as a spread favorite with Indianapolis on the moneyline. Giants vs. Colts odds feature a total set at .

This article breaks down everything you need to know before placing a bet on the game, including team matchups, key metrics, weather, and the best available NFL Week 17 oddsClick on the odds anywhere in this post to bet now.


Betting the point spread is when you wager on how many points a team will win or lose by. A plus sign in front of the spread denotes the underdog, and a minus sign denotes the favorite.

Betting the moneyline is simply betting on which particular team will win a game.

The betting total is the number of combined points the two teams will score. Bettors can choose to bet the over or under on how many total points will be scored in the game. 

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In the props tool search bar, type in a team or player and hit enter. You’ll see the various proposition bets offered by leading online sportsbooks. 

This valuable tool allows bettors to compare odds and stats when considering a prop bet. Unlike more significant markets like moneylines and spreads that often reach a consensus number, shopping for prop bet lines can often reveal sizable differences.


Use this rolling, updating list of news bites about each team to help your handicapping for Giants vs. Colts odds.

Giants Vs. Colts Weather

Dry conditions (broken clouds) and 10 mph winds are expected at MetLife Stadium on Sunday (as of 9:21 PM on December 30), with a high temperature of 52 degrees Fahrenheit.

Giants Vs. Colts Injury Report

New York Injuries

PlayerPos.InjuryStatusAvg. Snap Count
Adoree’ JacksonCBMclDoubtful60.1
Shane LemieuxOGToeOut41.0
Azeez OjulariOLBAnkleQuestionable37.2

Indianapolis Injuries

PlayerPos.InjuryStatusAvg. Snap Count
Kenny Moore IICBAnkleOut71.6
Yannick NgakoueDEThroatQuestionable48.9
Kylen GransonTEAnkleOut42.7
Isaiah RodgersCBKneeOut40.1
Ashton DulinWRConcussionOut35.0

Giants Offense Vs. Colts Defense

Giants OffenseStats (Rank)Colts Defense
20.7 (20)Points/Gm23.8 (25)
0.3 (16)Points/Play0.4 (17)
333.2 (20)Yards/Gm328.3 (11)
188.3 (27)Pass Yards/Gm206.1 (11)
144.9 (6)Rush Yards/Gm122.2 (20)
5.2 (21)Yards/Play5.1 (8)
6.2 (23)Yards/Pass6.5 (11)
4.7 (7)Yards/Rush4.1 (7)
36.6% (23)3rd Down %37.4% (7)
61.9% (8)Red Zone %65.9% (30)
15 (1)Turnovers17 (21)
47 (28)Sacks43 (6)

Colts Offense Vs. Giants Defense

Colts OffenseStats (Rank)Giants Defense
16.5 (31)Points/Gm22.6 (20)
0.3 (16)Points/Play0.4 (17)
309.9 (28)Yards/Gm366.3 (27)
207.1 (23)Pass Yards/Gm220.5 (19)
102.8 (25)Rush Yards/Gm145.9 (28)
4.8 (29)Yards/Play5.8 (26)
5.7 (31)Yards/Pass6.5 (11)
4.1 (24)Yards/Rush5.4 (32)
33.5% (29)3rd Down %35.8% (5)
43.9% (31)Red Zone %51.8% (7)
30 (32)Turnovers17 (21)
56 (31)Sacks36 (15)


Why The Colts Can Cover The Spread

The Colts will aim to snap a five-game losing streak when they visit the Giants. It will be hard to find a case for the Colts to cover this spread. What the Colts have going for them is QB Nick Foles has one start under his belt. The veteran QB will face an overrated Giants defense which PFF ranks as a bottom-five unit. It’s also notable that the Giants defense ranks bottom-five in defense EPA, yards per play, and yards per rush allowed.

Another case to take Indianapolis to cover the spread is that their defense will be the best unit in this game. The Colts rank eighth in opponent yards per play, above the Giants defense, which comes in at 28th.

Why The Giants Can Cover The Spread

The Giants are fighting to secure a playoff berth for the first time since 2016. They will face a weak opponent in the Colts at home. While the Giants defense has struggled, the offense they face is not imposing, setting them up to put up a solid defensive performance. Although lacking true star power, New York’s offense ranks in the league’s top half in passing and rushing DVOA.

As we saw last week, the Colts offensive line has struggled mightily against the blitz. The Giants strong suit on defense has been their pass rush. Giants DC Wink Martindale’s defense is top-five in defensive blitz rate and pressure rate this season.

Beating a team by a touchdown that has nothing to play for shouldn’t be difficult for New York. Add in a chance to secure a playoff spot, and this should be a cakewalk for the Giants to cover this spread.

Reasons To Bet The Over

The Colts and Giants rank second and sixth in average play-clock seconds remaining in 2022. Over the last month, Indianapolis’ games produced the second-most combined plays, and New York’s contests the sixth-most. During that time, Giants matchups yielded the 10th-most points per game (48.3), and the Colts allowed a league-high 37.7 points on average. These two teams just turned in the second-and third-highest situation-neutral pass rates of Week 16 (68%). If you think Foles can survive a blitz-heavy Giants defense and be competitive, this game has a chance to go over.

Reasons To Bet The Under

This depleted Colts team enters this matchup on a short week following last Monday night’s 20-3 loss. Losers of five straight, Indianapolis will again trot out Nick Foles after he threw three picks, took seven sacks on 36 dropbacks, and failed to engineer a single touchdown drive in Week 16. It’s a strong possibility that the Colts may not score a touchdown again this week.

Nothing about this matchup points to a high-scoring affair, as New York averages 20.4 points per home game, and Indianapolis averages 15.6 points per road game. The Giants should have no reason to put their foot on the gas peddle, resulting in this game going under its point total.


Zach Moss vs. Giants run defense– The Colts should be able to run the ball effectively against a Giants team that ranks dead last in the NFL in opponent yards per carry, allowing 5.4 yards per rush. In the Colts first complete game, post-Jonathan Taylor’s injury, Moss operated as Indy’s clear-cut feature back, netting 13 touches on a 69% snap rate.

Richie James vs. Colts slot CB– James faces an Indianapolis defense missing stud slot CB Kenny Moore. Over his last three games, James is averaging 6.3 catches for 64.3 yards on an 84% playing-time clip. James drew 12 targets in last week’s loss to Minnesota. The one area on defense the Colts have been vulnerable to since Moore went down is their slot coverage. Keenan Allen tore through the Colts slot defense in Week 16, producing eleven receptions and 104 yards receiving.


I’m not sure one person aside from myself will be adding the Colts to their betting card this week. Betting on a team with nothing to play for coming off an ugly defeat on national TV is not pretty. Sometimes an ugly bet is a good one, though. I’ll take the Colts with the points this week. Best of luck betting Giants vs. Colts odds.

Jeffrey Schreiber Avatar
Written by
Jeffrey Schreiber

Jeffrey Schreiber is a sports betting writer with TheLines and Catena Media. Jeff is recent college graduate with a background in finance and analytics. His goal is to provide readers with data and information behind the "why" to make a bet. His most memorable betting moment came during the divisional round of the 2022 NFL playoffs when he turned $37 in same-game parlay bets into $25,000.

View all posts by Jeffrey Schreiber