Las Vegas Raiders Odds, Moneylines, Spreads and Futures Markets
Three wins usually lead to a pretty grim outlook the following season. Las Vegas is a little harder to read.
The Raiders went 3-14 in 2025 and scored an NFL-low 14.2 points per game. Since then, Klint Kubiak has taken over as head coach, Kirk Cousins has joined the quarterback room and No. 1 pick Fernando Mendoza has arrived as the long-term answer. Ashton Jeanty, Brock Bowers and Maxx Crosby give the roster some established talent around them.
That leaves Las Vegas Raiders odds in an odd spot compared with the wider NFL odds board. Las Vegas is already favored in Week 1, which is quite a vote of confidence for a team that won three games. Look further down the futures board, though, and expectations drop quickly.
Las Vegas Raiders Odds This Week
Las Vegas Raiders odds this week open with something that would have seemed unlikely a few months ago: a 3-14 team laying more than a field goal.
FanDuel has the Raiders at -3.5 (-118) at home against Miami in Week 1. Las Vegas is -200 on the moneyline, while the total sits at 40.5 with -110 on both sides. The spread hasn't moved from its opening number, although the Raiders moneyline has eased from -210.
A 40.5 total doesn't give the new offense much credit yet. Fair enough. Las Vegas scored 10 points or fewer seven times last season and finished last in the NFL at 14.2 points per game. Bettors shopping the Week 1 lines can also compare current NFL betting promos before choosing a book.
Las Vegas Raiders Odds to Win Super Bowl 61
A championship would require a jump far beyond simply becoming respectable. Las Vegas Raiders odds to win Super Bowl 61 are +12500 at FanDuel, tied with Tennessee near the bottom of the market. A $100 wager at that number would return $12,600, including $12,500 in profit.
| Sportsbook | Super Bowl LXI odds |
|---|---|
| FanDuel | +12500 |
The franchise has won three Super Bowls, XI, XV and XVIII. Its most recent appearance came after the 2002 season, when Oakland lost Super Bowl XXXVII to Tampa Bay 48-21. It hasn't been back since.
More than two decades have passed since that appearance. The current Super Bowl odds aren't asking whether Kubiak can get Las Vegas from three wins to six or seven.
At +12500, you're betting on something much bigger, likely including a rapid rise from Mendoza whenever he gets the job.
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Las Vegas Raiders Odds to Make Playoffs
Six wins would double last year's total. It still might not get Las Vegas close to January.
The postseason drought is already four seasons old. FanDuel puts Las Vegas Raiders odds to make playoffs at +500 after last year's 3-14 finish, with -700 available on another miss. The +500 side carries a 16.7% raw implied probability before sportsbook margin.
| FanDuel market | Odds |
|---|---|
| Make playoffs | +500 |
| Miss playoffs | -700 |
Las Vegas doesn't have to win the AFC West to sneak into January, which helps. Still, the NFL playoff odds aren't particularly forgiving. A six-win season could feel like real progress and leave the Raiders several games short anyway.
Las Vegas Raiders Odds to Win Division
The AFC West is where the rebuild gets uncomfortable.
Las Vegas went 1-5 against division opponents last season. Las Vegas Raiders odds to win the division are now +1500 at FanDuel. Finishing fourth? That's -175. The gap between those two prices says plenty about where the Raiders sit against Kansas City, Denver and the Chargers.
| FanDuel AFC West market | Raiders odds |
|---|---|
| Finish 1st | +1500 |
| Finish 2nd | +700 |
| Finish 3rd | +300 |
| Finish 4th | -175 |
The Raiders last won the AFC West in 2002. They have 12 AFC West division championships in franchise history, but none in the past 23 seasons.
Improvement alone won't cash a division ticket. Las Vegas has to jump all three rivals, not just drag itself out of a 3-14 hole. That makes the full AFC West odds board more useful than looking at +1500 by itself.
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More Las Vegas Raiders Betting Markets
A bettor can be right about Las Vegas and still choose the wrong market. Las Vegas Raiders betting odds cover moneylines, spreads, totals and props, and those bets don't reward the same result.
Take a three-point Raiders win. It cashes a moneyline ticket but loses at -3.5. Las Vegas Raiders odds make more sense once you separate what you think the team will do from the price you're being asked to take.
Las Vegas Raiders Moneylines
Beat Miami by 20 or win on a last-second field goal. The moneyline pays the same either way.
Las Vegas is -200 in Week 1, so that simplicity comes at a price. A $100 Raiders wager returns $150 with a win, leaving $50 in profit.
Paying -200 for last year's 3-14 Raiders won't appeal to everyone. You aren't giving Miami 3.5 points, but you're sacrificing potential return for that safety. It's also a spot where line shopping among the best NFL betting sites matters.
Even a modest difference in the moneyline changes what a winning $100 bet pays.
Las Vegas Raiders Spreads
Suppose Las Vegas beats Miami 24-21. Raiders fans go home happy. Anyone holding -3.5 doesn't.
That's how the Week 1 spread works. Las Vegas is -3.5 (-118), so it needs to win by at least four points for that side to cash.
A $100 wager at -118 would return about $184.75, including $84.75 in profit.
At -118, $100 returns about $184.75, including $84.75 in profit. But the price isn't the only thing to shop. Seeing -3 at one of the NFL betting apps instead of -3.5 elsewhere would be a meaningful difference on a game expected to stay close.
Las Vegas Raiders Totals (Over/Under)
You don't have to decide whether the Raiders are actually good to bet a total. You only need to judge how many points both teams will score.
Last year's Raiders make a 40.5 total pretty easy to understand. They averaged 14.2 points and were held to 10 or fewer seven times.
Miami-Las Vegas is set at 40.5, with the Under priced at -110. Forty combined points or fewer would turn a $100 wager into a $190.91 return, including $90.91 in profit. The harder part isn't the calculation. It's deciding how much of that dreadful 2025 offense carries into Kubiak's first season..
Las Vegas Raiders Props
Jeanty and Bowers are where Raiders props get more interesting.
Jeanty produced 975 rushing yards and another 346 through the air as a rookie despite playing behind an offense that finished last in rushing yards. Bowers caught 64 passes for 680 yards and seven touchdowns in only 12 games. Those workloads naturally put rushing yards, receptions, receiving yards and anytime touchdown markets in play.
FanDuel hasn't posted Week 1 player prop prices yet, so attaching a current price to either player would be guessing.
For a simple illustration, Jeanty at +120 to score a touchdown would return $220 on a winning $100 wager, including $120 profit. That's an example price, not a live Week 1 line.
Quarterback props are harder to judge until Kubiak settles on Cousins or Mendoza. Crosby is a different case. His individual futures are more likely to sit in defensive award markets, while the league's quarterback-heavy NFL MVP odds are a poor fit for even an elite edge rusher.
Las Vegas Raiders Prediction Markets
There's already a Raiders market where the price tells a story before the regular season even starts.
Polymarket is trading who will take Las Vegas' first Week 1 snap at quarterback. Kirk Cousins was available to buy at 95 cents when checked, with Fernando Mendoza much lower, even though Kubiak hadn't publicly closed the competition.
Buying Cousins at 95 cents leaves very little room for upside. $100 buys about 105.26 contracts, which would return roughly $105.26 if he starts Week 1. That's only about $5.26 in profit before applicable fees. The market isn't offering much because Cousins is already heavily favored to get the first snap.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win - Wide coverage of US and international sports
- Linked to MGM Rewards loyalty program
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- Highly rated mobile app
- Impressive sports coverage
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Las Vegas Raiders Odds FAQ
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