The Denver Broncos missed the playoffs and fired Nathaniel Hackett before his first season ended. At 5-12, they have almost no draft picks to speak of and a nearly $250 million invested in Russell Wilson– who’s led Denver to the fewest scored points in the NFL and a favorable draft pick for Seattle. The silver lining to it all is a downright nasty defense led by Justin Simmons and Patrick Surtain II. However, that unit gave up 51 points to a defeated and listless Rams offense with almost no one left on their roster. This is a team on the track to no improvement anytime soon.
Below, you can find Denver Broncos odds for 2023. Included is a weekly outlook, odds for every game this season, futures, and more.
Broncos betting news
Broncos prop bets
Search below for Denver Broncos team or player props currently being offered at sportsbooks. You can also look around at other teams and players using this tool. Happy shopping!
Denver Broncos Super Bowl odds
The Denver Broncos are currently to win Super Bowl LVII.
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Denver Broncos 2022-23 schedule
|Week||Date||Opponent||Kickoff Time||Opening Odds|
|Week 1||Monday, Sept. 12||at Seattle Seahawks||8:15 p.m. ET||-4|
|Week 2||Sunday, Sept. 18||vs. Houston Texans||4:25 p.m. ET||-10|
|Week 3||Sunday, Sept. 25||vs. San Francisco 49ers||8:20 p.m. ET||-2.5|
|Week 4||Sunday, Oct. 2||at Las Vegas Raiders||4:25 p.m. ET||PK|
|Week 5||Thursday, Oct. 6||vs. Indianapolis Colts||8:15 p.m. ET||-3|
|Week 6||Monday, Oct. 17||at Los Angeles Chargers||8:15 p.m. ET||+3|
|Week 7||Sunday, Oct. 23||vs. New York Jets||4:05 p.m. ET||-7.5|
|Week 8||Sunday, Oct. 30||vs. Jacksonville Jaguars (in London)||9:30 a.m. ET||-6.5|
|Week 9||Sunday, Nov. 6||BYE||BYE|
|Week 10||Sunday, Nov. 13||at Tennessee Titans||1 p.m. ET||PK|
|Week 11||Sunday, Nov. 20||vs. Las Vegas Raiders||4:05 p.m. ET||-3|
|Week 12||Sunday, Nov. 27||at Carolina Panthers||1 p.m. ET||-4|
|Week 13||Sunday, Dec. 4||at Baltimore Ravens||1 p.m. ET||+1.5|
|Week 14||Sunday, Dec. 11||vs. Kansas City Chiefs||8:20 p.m. ET||PK|
|Week 15||Sunday, Dec. 18||vs. Arizona Cardinals||4:05 p.m. ET||-4|
|Week 16||Sunday, Dec. 25||at Los Angeles Rams||4:30 p.m. ET||+3.5|
|Week 17||Sunday, Jan. 1||at Kansas City Chiefs||1 p.m. ET||+4.5|
|Week 18||Saturday, Jan. 7 OR Sunday, Jan. 8||vs. Los Angeles Chargers||TBA||PK|
Broncos 2022 offseason moves
Key signings: DE Randy Gregory, OT Billy Turner, LB Alex Singleton, DL D.J. Jones, CB K’Waun Williams, OT Tom Compton
Re-signings: OL Graham Glasgow, RB Melvin Gordon, SAF Kareem Jackson, EDGE Malik Reed
Trades: QB Russell Wilson (from Seahawks)
Key losses: DL Shelby Harris, TE Noah Fant, EDGE Stephen Weatherly
Key draft picks: LB Nik Bonitto, TE Greg Dulcich, CB Damarri Matthis
How to bet on the Denver Broncos
The moneyline is the simplest of bets, decided by the straight-up winner and loser of each game. Consider the following example:
- Broncos +310
- Packers -185
The Broncos are considered heavy underdogs in this matchup (indicated by +310), paying out $410 total for a $100 bet ($310 in winnings). The Packers are the underdog in this matchup, requiring a $185 bet to win $100 (plus the initial bet back). How much either team wins or loses by does not matter in moneyline betting, the payout remains the same.
Betting on the point spread is determinant on how many points a team wins or loses by. Take the following example:
- Broncos +6.5 (-110)
- Buccaneers -6.5 (-110)
In this example, Tampa Bay is favored by 6.5 points, indicated by “-6.5.” If the Bucs win the game 27-20, the Bucs (-6.5) win the bet and would have a total payout of $19.09 on a $10 bet ($9.09 in profit). If the Broncos keep the game within seven and lose 23-17, the Broncos (+6.5) would win, and the payout would be the same as listed above.
Point total (over/under)
The point total refers to the over/under line set by books. This number projects the total number of points scored in a game and, like prop betting, is bet whether one thinks the score will go over or under the set point total. For example, the Broncos’ Week 11 matchup with the Dolphins had a projected point total of 43.5 points. Denver won that game 20-13, resulting in just 33 points. Those who bet under the point total that game would have cashed out.
The Broncos often struggled offensively in 2020, giving their games a lower projected point total. Typical Broncos games say over/unders between 42 and 46 points, sometimes dipping as low as 39 points. Moving forward to 2021 should see a similar trend in projected point totals barring an unforeseen emergence of Drew Lock.
In-play and live betting
Sometimes, the most thrilling and rewarding bets are bets made while games are being played. These are referred to as live bets or in-play bets. Odds are ever-changing during games, which would prove to be fruitful for sharp and prepared bettors. For example, if the Broncos (-205) were heavily favored against the Falcons (+140) before kickoff, a payout on a $10 bet on the Broncos to win would win just $4.88.
However, say the Broncos fell to a big 17-3 deficit in the first half despite controlling the overall game (due to a costly turnover or special teams gaffe). Odds may swing in favor of the Falcons, who may be a -110 favorite at halftime. Taking the Broncos to come back and win the game could present plus-odds (say, +130). Should a bettor take Denver (+130) at halftime and the Broncos pull off the comeback, winners would win $13 instead of $4.88 (plus the initial $10 bet).
This could also be an effective way to “hedge” your bet; say a bettor took the Falcons (+140) in that game, but Denver jumps out to a 16-0 first quarter lead and is controlling the overall feel of the game, bettors could hedge by throwing some money down on Denver (-255) to return some of the inevitably-lost bet.
Parlays and teasers
You can always string bets together in the form of parlays or teasers. Usually during busy Sundays, bettors can parlay several teams to win or cover against the spread and if all bets are successful, the payouts are multiplied. Teasers function similarly, except they allow bettors to move each point spread to a more favorable line in exchange for diminished odds.
Broncos 2021 recap
Record ATS: 8-9
Over/under record: 5-12
There’s a lot to like about the Broncos in 2021. Their defensive secondary is one of the most talented in the league and rookie Patrick Surtain II shaped out to be as good as advertised; he was joined by All Pro teammate Justin Simmons at safety. However, Denver showed just how important having a good quarterback is. Without a true starter– or an effective playmaker– the Broncos weren’t close to making the playoffs and really struggled down the stretch. As a result, Vic Fangio was relieved of his duties as head coach.