Exhale, Colts fans. Indianapolis rings in a new era with Eagles OC Shane Steichen as their new head coach and a top-five overall draft pick. Who will be available at No. 5, however, remains to be seen after Indy tried and failed to trade up to No. 1. The Colts didn’t see much talent leave via free agency due to a lack of talent on the roster. As far as Colts free agent signings, EDGE Samson Ebukam was the highlight amongst mostly backups, including QB Gardner Minshew, WR Isaiah McKenzie, and DL Taven Bryant. Indianapolis Colts odds to win the Super Bowl range from +12500 to +20000 heading into the 2023 NFL Draft.
This page serves as a guide for Indianapolis Colts odds and betting for the 2023 season. Find weekly game previews, futures odds, and the latest Colts betting news.
Colts odds
Colts inactives against the Texans:
DT Chris Williams
S Nick Cross
QB Nick Foles
DE Rashod Berry
CB Stephon Gilmore
C Wesley French
TE Kylen Granson
The Colts host the Texans in Week 18 for a divisional matchup. On DraftKings Sportsbook, the Colts are 2.5-point favorites and the Over/Under is set at 38. When these teams bet in Week 1 they tied. The Colts have lost their last five games while the Texans got their first win of the season two weeks ago in Tennessee.
Colts inactives against the Giants:
TE Kylen Granson
QB Matt Ryan
C Wesley French
LB Cameron McGrone
CB Kenny Moore II
WR Ashton Dulin
Notable Jelani Woods props for his upcoming matchup against the Giants on DraftKings Sportsbook:
Anytime TD Scorer: +40028.5 Receiving Yards: -115 Over/-115 Under
Woods has hit this receiving line in three of his last four games (28 yards in the other). When QB Nick Foles started his first game last week, Woods led the team in receiving yards and was a bright spot on a terrible day for the Colts offense. TE Kylen Granson has already been ruled out and the Giants PFF pass defense ranks 31st.
The Colts head to New York in Week 17 to play the Giants. On FanDuel Sportsbook, the Colts are 5.5-point underdogs and the Over/Under is set at 38.5. The Colts have been eliminated from the playoffs while the Giants could clinch a playoff berth with a win.
Colts inactives against the Vikings:
TE Kylen Granson
QB Matt Ryan
C Wesley French
LB Cameron McGrone
CB Kenny Moore II
DT Chris Williams
Notable Zach Moss props for his upcoming matchup against the Chargers on FanDuel Sportsbook:
Anytime TD Scorer: +130
55.5 Rushing Yards: -114 Over/-114 Under
After Jonathan Taylor went down early last week, Moss took over as the Colts’ lead back and ran for 81 yards. With Taylor out for the season Indy will have to rely on RBs Zach Moss and Deon Jackson. Moss had 11 more attempts last week than Jackson and figures to be their new RB1. QB Nick Foles will start for the first time this season which may lead Indy to rely more on their run game. The Chargers are ranked 30th in PFF rush defense as well as 28th in rush defense success percentage.
The Colts host the Chargers in Week 16. On DraftKings Sportsbook, the Colts are 5-point underdogs at home and the Over/Under is set at 56. The Colts have lost four straight games and will be starting QB Nick Foles for the first time this season. The Chargers have won three of their last four games and are trying to make a late playoff push.
Colts announce QB Nick Foles will start on Monday night at home against the Chargers. The Colts have lost four straight games and gave up a 33-point lead against the Vikings last week. On FanDuel Sportsbook, the Colts are 4.5-point underdogs at home and the Over/Under is set at 45.5.
Colts inactives against the Vikings:
DE Ben Banogu
QB Sam Ehlinger
C Wesley French
CB Brandon Facyson
CB Kenny Moore II
WR Mike Strachan
DT Chris Williams
Colts transactions
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:
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!
Indianapolis Colts Super Bowl odds
The Indianapolis Colts hold odds to win the Super Bowl in 2024.
Indianapolis Colts 2022-23 schedule
| Week | Date | Opponent | Kickoff Time | Opening Odds |
|---|---|---|---|---|
| Week 1 | Sunday, Sept. 11 | at Houston Texans | 1 p.m. ET | -7.5 |
| Week 2 | Sunday, Sept. 18 | at Jacksonville Jaguars | 1 p.m. ET | -4.5 |
| Week 3 | Sunday, Sept. 25 | vs. Kansas City Chiefs | 1 p.m. ET | +2.5 |
| Week 4 | Sunday, Oct. 2 | vs. Tennessee Titans | 1 p.m. ET | -3 |
| Week 5 | Thursday, Oct. 6 | at Denver Broncos | 8:15 p.m. ET | +3 |
| Week 6 | Sunday, Oct. 16 | vs. Jacksonville Jaguars | 1 p.m. ET | -7 |
| Week 7 | Sunday, Oct. 23 | at Tennessee Titans | 1 p.m. ET | PK |
| Week 8 | Sunday, Oct. 30 | vs. Washington Commanders | 4:25 p.m. ET | OTB |
| Week 9 | Sunday, Nov. 6 | at New England Patriots | 1 p.m. ET | PK |
| Week 10 | Sunday, Nov. 13 | at Las Vegas Raiders | 4:05 p.m. ET | +2 |
| Week 11 | Sunday, Nov. 20 | vs. Philadelphia Eagles | 1 p.m. ET | -3 |
| Week 12 | Monday, Nov. 28 | vs. Pittsburgh Steelers | 8:15 p.m. ET | -4.5 |
| Week 13 | Sunday, Dec. 4 | at Dallas Cowboys | 8:20 p.m. ET | +2.5 |
| Week 14 | Sunday, Dec. 11 | BYE | BYE | |
| Week 15 | Saturday, Dec. 17 OR Sunday, Dec. 18 | at Minnesota Vikings | TBD | PK |
| Week 16 | Monday, Dec. 26 | vs. Los Angeles Chargers | 8:15 p.m. ET | +1 |
| Week 17 | Sunday, Jan. 1 | at New York Giants | 1 p.m. ET | -3 |
| Week 18 | Saturday, Jan. 7 OR Sunday, Jan. 8 | vs. Houston Texans | TBD | -8.5 |
Best Colts betting site(s)
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
Record: 4-12-1
Record ATS: 6-11
Over/under record: 7-10
Where can I bet on sports in Indiana?
Indiana sports betting was one of the first in the nation, and there many options to get a bet down on the Indianapolis Colts or any other NFL team. Here’s a list of legal sportsbook options in Indiana: