Green Bay Packers Betting Guide

Odds, Schedule And Predictions

Packers odds Week 1 2020 NFL season

Everything was going for the Green Bay Packers this season– Aaron Rodgers secured the NFL MVP award, the Packers clinched home field advantage, and secured a spot in the NFC Championship game. For the 2020-21 season, anything besides a Super Bowl run would be considered a letdown. Unfortunately, a letdown the season was as Green Bay was beaten in the NFC Championship by the Tampa Bay Buccaneers. To make things worse, coach Matt LaFleur made a highly-criticized call to kick a field goal instead of attempting to tie the ballgame and Rodgers never got the ball back.

All Pro center Corey Linsley was lost in the offseason to the Chargers, leaving the Packers a huge hole at center. However, storylines will be centered around Rodgers’ future with the Packers. The NFL MVP made comments following their playoff exit indicating his future with the team was “uncertain.” With recently-drafted quarterback Jordan Love waiting, will Green Bay send their franchise guy elsewhere to roll with the youngster?

The Super Bowl window is very much still open as long as Rodgers is throwing passes in Green Bay. However, getting over the hump of the Conference Championship Game looks almost insurmountable after the past two seasons.

Green Bay Packers odds

Best Packers betting site(s)

Packers prop bets

Prop bets are based on individual performance, typically surrounding players. Davante Adams lit the NFL on fire in 2020, making him one of the most popular players for prop betting. For example, Adams’ projected receiving total in the Packers’ Week 9 matchup with the San Francisco 49ers was 106.5 yards. That game, he hauled in 173 yards, giving those who bet over his receiving prop the win.

Search below for Green Bay Packers team or player props currently being offered at sportsbooks. You can also look around at other teams and players using this tool. Happy shopping!

Packers futures odds

Futures are long-term bets that can range from an offseason to a full season (or beyond). Team win totals, award winners, and player performance are common futures. For example:

2020 Odds to win NFL MVP

  • Patrick Mahomes +350
  • Lamar Jackson +600
  • Russell Wilson +800
  • Aaron Rodgers +2500

This line for the league MVP would often be bet before the season starts. Futures allow for bettors to capitalize on players they think are favorites to win awards long before the odds shift away from their favor. For example, Aaron Rodgers opened with odds of +2500 to win the MVP award; his odds quickly shifted as the season developed and Rodgers was the eventual winner of the award.

Packers Super Bowl LVI odds

The Green Bay Packers opened with +900 odds to win Super Bowl LVI– the second best odds in the NFL (Chiefs).

Packers NFC North odds

The Green Bay Packers won their seventh NFC North title in the last 10 seasons.

Packers win totals

10.5 wins (-143 over)/(+118 under)

As long as Aaron Rodgers is throwing the football for the Packers, Green Bay will be an above-0.500 team. 10.5 wins is a bit conservative for the 17-game season, as indicated by (-143); oddsmakers wouldn’t be surprised to see the Packers win 11 or 12 games this season.

Green Bay Packers 2021 schedule and betting odds

Check back for the complete Packers 2021 schedule along with the opening spreads for every game.

How to bet on the Green Bay Packers

Moneyline

The moneyline is the simplest of bets, decided by the straight-up winner and loser of each game. Consider the following example:

  • Packers -245
  • Cardinals +190

The Packers are considered heavy favorites in this matchup (indicated by -245), requiring a $245 bet to win $100 (plus the initial bet back). The Cardinals are the underdog in this matchup, paying out $290 total for a $100 bet ($190 in winnings). How much either team wins or loses by does not matter in moneyline betting, the payout remains the same.

Point spread

Betting on the point spread is determinant on how many points a team wins or loses by. Take the following example:

  • Packers -8.5 (-110)
  • Patriots +8.5 (-110)

In this example, Green Bay is favored by 8.5 points, indicated by “-8.5.” If the Packers win the game 31-20, the Packers (-8.5) win the bet and would have a total payout of $19.09 on a $10 bet ($9.09 in profit). If the Patriots keep the game within nine and lose 23-17, the Patriots (+8.5) 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, Green Bay’s Week 7 matchup against the Houston Texans had a projected point total of 49.5 points. The Packers won the game 35-20, resulting in 55 combined points and giving those who bet the over the win.

The Packers’ offense was one of the most prolific in the NFL in 2020. Their defense was also excellent, keeping most teams between 14 and 21 points this year. Because of Green Bay’s potential, their games often saw higher than league average point totals between 48 and 54 points. Moving into 2021, there won’t be much of a change; the Packers will still garner high projected point totals.

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 Packers (-115) were favored against the Bills (+120) before kickoff, a payout on a $10 bet on the Packers to win would win $8.70.

However, say the Packers fell to a 14-3 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 Bills, who may be a -110 favorite at halftime. Taking the Packers to come back and win the game could present plus-odds (say, +130). Should a bettor take Green Bay (+130) at halftime and the Packers pull off the comeback, winners would win $13 instead of $8.70 (plus the initial $10 bet).

This could also be an effective way to “hedge” your bet; say a bettor took the Bills (+120) in that game, but Green Bay 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 Green Bay (-270) 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.

Packers 2020 recap

Record: 13-3

Record ATS: 10-6

Over/under record: 9-7

It was another year of dominance for the Packers, who piled up their second consecutive 13-win season in 2020. They had wins over the Saints, the Bears (twice), and the Titans, giving them a real championship pedigree. Unfortunately, their season came to an end at the hands of the eventual-champion Buccaneers and Tom Brady. For Green Bay, it almost felt like their last hurrah coming up short and closed the book on another missed Super Bowl opportunity.

The real show of strength from the Packers came in their convincing wins against seemingly-great teams. Namely, their 40-14 blowout of the Titans in Week 16 and 41-25 dismantling of the Bears in Week 12 showed just how good Green Bay was. Their 10-6 mark against the spread was tied for third best in the NFL with the Ravens and Steelers.

Packers 2021 offseason moves

Key trades:

Key re-signings: RB Aaron Jones (four years, $48 million), EDGE Preston Smith (four years, $52 million), CB Chandon Sullivan (tender), TE Robert Tonyan (one year, $3.4 million)

Key free agent losses: C Corey Linsley (to Chargers)

Key free agent signings:

Draft pick position needs: OT, WR, CB, DL, LB