The Indianapolis Colts shocked the Baltimore Ravens as heavy underdogs on Sunday. The 2-1 Colts will now look to extend their division lead by hosting the Rams on Sunday afternoon. NFL Week 4 odds show the Colts as slight favorites. Below, you can find more Colts odds for 2023. Included is a weekly outlook, odds for every game this season, futures, and more.
Colts Odds
View Indianapolis Colts odds for the 2023 NFL season. Shop around at NFL betting sites for the best Colts odds in their game against the Rams below.
Indianapolis Colts vs LA Rams
The Indianapolis Colts might have a new franchise QB in Anthony Richardson. But until he’s cleared from concussion protocol, it’s Gardner Minshew’s show in Indy. Minshew’s performance was good enough to win in Week 3. Most importantly, he did not turn the ball over and picked up one touchdown through the air.
With the Rams yet to play on Monday night, the market is split on the spread at Indy. The look-ahead line had the Colts as +1.5 underdogs, but that number is up to -1 on Monday.
The total opened at 44.5 and is up to 45.5 in the early betting.
The Colts and Rams are each -110 on the moneyline as of Monday afternoon.
Colts Super Bowl odds
The Indianapolis Colts were as high as +15000 to win the Super Bowl heading into the season.
colts AFC south odds
The Colts began the season with +600 odds to win the AFC East. Those were the second-longest odds in the division, ahead of Houston at +800.
Indianapolis currently has odds to win the division.
Colts prop bets
Search below for Indianapolis Colts team or player props currently being offered at sportsbooks. You can also look around at other teams and players using this tool. Happy shopping!
Colts roster
Key signings: EDGE Samson Ebukam, DL Taven Bryant, K Matt Gay, WR Isaiah McKenzie, QB Gardner Minshew
Re-signings: EDGE Tyquan Lewis, WR Ashton Dulin, RB Deon Jackson, LB EJ Speed
Trades: None
Key losses: CB Stephon Gilmore, WR Parris Cambell, LB Bobby Okereke, CB Brandon Facyson
Key draft picks: QB Anthony Richardson, CB Julius Brents, WR Josh Downs, OT Blake Freeland, DT Adetomiwa Adebawore, CB Darius Rush, S Daniel Scott, TE Will Mallory, RB Evan Hull, DE Titus Leo, CB Jaylon Jones, OT Jake Witt
Here is how the Colts roster is currently constructed.
Best Colts betting sites
Colts schedule
Here is the Colts schedule for the 2023 – 2024 season. Included are betting odds for each game.
Here is what Colts odds looked like for each game after the schedule was released in May.
| Week | Date | Opponent | Kickoff Time | Opening Odds |
|---|---|---|---|---|
| Week 1 | Sunday, September 10 | Jacksonville Jaguars | 1:00 p.m. ET | +3.5 |
| Week 2 | Sunday, September 17 | at Houston Texans | 1:00 p.m. ET | -1 |
| Week 3 | Sunday, September 24 | at Baltimore Ravens | 1:00 p.m. ET | +7 |
| Week 4 | Sunday, October 1 | Los Angeles Rams | 1:00 p.m. ET | +1 |
| Week 5 | Sunday, October 8 | Tennessee Titans | 1:00 p.m. ET | -1 |
| Week 6 | Sunday, October 15 | at Jacksonville Jaguars | 1:00 p.m. ET | +6.5 |
| Week 7 | Sunday, October 22 | Cleveland Browns | 1:00 p.m. ET | +3 |
| Week 8 | Sunday, October 29 | New Orleans Saints | 1:00 p.m. ET | +1.5 |
| Week 9 | Sunday, November 5 | at Carolina Panthers | 4:05 p.m. ET | +2.5 |
| Week 10 | Sunday, November 12 | at New England Patriots | 1:00 p.m. ET | +5 |
| Week 11 | BYE | 1:00 p.m. ET | ||
| Week 12 | Sunday, November 26 | Tampa Bay Buccaneers | 1:00 p.m. ET | -1 |
| Week 13 | Sunday, December 3 | at Tennessee Titans | 1:00 p.m. ET | +2.5 |
| Week 14 | Sunday, December 10 | at Cincinnati Bengals | 1:00 p.m. ET | +9 |
| Week 15 | Sunday, December 17 | Pittsburgh Steelers | TBD | +2.5 |
| Week 16 | Sunday, December 24 | at Atlanta Falcons | 1:00 p.m. ET | +2.5 |
| Week 17 | Sunday, December 31 | Las Vegas Raiders | 1:00 p.m. ET | +2 |
| Week 18 | TBD | Houston Texans | TBD | -1.5 |
How to bet on the Indianapolis Colts
Moneyline
The moneyline is the simplest of bets, decided by the straight-up winner and loser of each game. Consider the following example:
- Colts -115
- Browns +130
The Colts are considered favorites in this matchup (indicated by -115), requiring a $115 bet to win $100 (plus the initial bet back). The Browns are the underdog in this matchup, paying out $230 total for a $100 bet ($130 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:
- Colts -6.5 (-110)
- Texans +6.5 (-110)
In this example, Indianapolis is favored by 6.5 points, indicated by “-6.5.” If the Colts win the game 24-17, the Colts (-6.5) win the bet and would have a total payout of $19.09 on a $10 bet ($9.09 in profit). If the Texans keep the game within seven and lose 24-20, the Texans (+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, a Colts game against the Packers had a projected point total of 54.5 points. The Colts won the game 34-31 in overtime, resulting in 65 combined points. Those who bet the over on the point total in this game would cash out.
A strong defense and potent offense built on the run game caused the Colts to have pretty middle-of-the-road point totals in 2020 (often between 52 and 56 points). Moving into 2021, whoever starts at quarterback for Indy will determine their point totals. Barring them landing a star quarterback in free agency or via trade, the Colts will likely have lower point totals as the new signal caller gets integrated into the offensive system.
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 Colts (-245) were heavily favored against the Jets (+210) before kickoff, a payout on a $10 bet on the Colts to win would win just $4.08.
However, say the Colts fell to a big 27-6 deficit in the first half despite controlling the overall game (due to costly turnovers or a special teams gaffe). Odds may swing in favor of the Jets, who may be a -110 favorite at halftime. Taking the Colts to come back and win the game could present plus-odds (say, +130). Should a bettor take Indianapolis (+130) at halftime and the Colts pull off the comeback, winners would win $13 instead of $4.08 (plus the initial $10 bet).
This could also be an effective way to “hedge” your bet; say a bettor took the Jets (+210) in that game, but Indianapolis jumps out to a 21-0 first quarter lead and is controlling the overall feel of the game, bettors could hedge by throwing some money down on Indianapolis (-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.
Futures
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.
Colts 2022 recap
The Colts finished third in the NFC South and missed the playoffs. Head coach Frank Reich got fired late in the season and was replaced by former Colts center Jeff Saturday.
Record: 4-12-1
Record ATS: 6-11
Over/under record: 7-10