Football bettors are watching the Las Vegas Raiders odds more closely during the 2020 season. The team moves to a new city and a brand new stadium with high hopes that the glitz and glamour not only returns to the Raiders, but to the city of Las Vegas.
The Raiders look improved with player personnel additions in the offseason, and we’ll break down Vegas’ offseason moves and information you can bet on heading into the 2020 season. The Raiders need to make a big jump and improve greatly if they want to catch the division and Super Bowl champion Kansas City Chiefs. The Raiders went 3-3 in the AFC West last season but were buried by the Chiefs 28-10 in Week 2 and 40-9 at Kansas City in December when the Raiders still had a chance to make the playoffs as a wild card.
Las Vegas Raiders Week 3 odds
Are the Raiders for real? They just might be. Jon Gruden has his team at 2-0 after a win against the Saints in their first game in Las Vegas.
Las Vegas will try to keep the winning going against the Patriots. The Raiders opened as a (+6.5) road underdog.
QB Derek Carr has completed 73% of his passes along with 4 TDs and 0 INTs. Carr has said that he feels the most comfortable he ever has with an offense this season. RB Josh Jacobs is emerging as one of the best backs in the league. Jacobs has 181 YDS and 3 TDs so far in 2020. The offense will go up against a Patriots defense that rates 21st in Pass Defense DVOA and 20th in Rush Defense DVOA. If Carr avoids the turnovers, they could keep the momentum going against New England who let Russel Wilson torch them for five passing touchdowns.
The defense will be keying in on slowing down Cam Newton’s running attack but may be facing an uphill battle. The Raiders rate 28th in Rush Defense DVOA and have allowed 120.5 RUSH YPG so Newton could go back to doing most of his damage with his legs.
Raiders futures odds
Raiders Super Bowl odds
The Raiders opened at +7000 to win the Super Bowl and they now sit around +4500 at most sportsbooks.
There are better ways to bet on the Raiders, although the Super Bowl futures offer the longest odds. A schedule evaluation is also something to analyze. Oddsmakers weren’t quick to react to an offensive clinic the Raiders put on against the Panthers, who ranked last in total defense last season.
AFC West odds
The Raiders odds are actually the longest to win the division as they are around +1200 at most sportsbooks. A $20 bet would profit $240 if Las Vegas could get on a roll and the Raiders surprise. But that’s not realistic yet despite an improved roster. The Kansas City Chiefs are the biggest division favorite and for legitimate reasons with a stronger roster and explosive offensive players including QB Patrick Mahomes.
Division odds will adjust during the season based on a teams wins and losses, and especially on the outcome of key division games. The Raiders have the potential to be a surprising team and perhaps even a playoff entry. As the schedule is released, the evaluation process guides bettors further with the potential for a stronger start.
Las Vegas Raiders 2020 schedule and betting odds
|Week 1||Sunday, Sept. 13||1 p.m. ET||at Carolina||Raiders -1|
|Week 2||Monday, Sept. 21||8:15 p.m. ET||vs. New Orleans||Saints -4.5|
|Week 3||Sunday, Sept. 27||1 p.m. ET||at New England||Patriots -5|
|Week 4||Sunday, Oct. 4||4:25 p.m. ET||vs. Buffalo||Bills -1|
|Week 5||Sunday, Oct. 11||1:00 p.m. ET||at Kansas City||Chiefs -11|
|Week 7||Sunday, Oct. 25||8:20 p.m. ET||vs. Tampa Bay||Buccaneers -3.5|
|Week 8||Sunday, Nov. 1||1 p.m. ET||at Cleveland||Browns -2.5|
|Week 9||Sunday, Nov. 8||4:05 p.m. ET||at LA Chargers||Chargers -1|
|Week 10||Sunday, Nov. 15||4:05 p.m. ET||vs. Denver||Raiders -1.5|
|Week 11||Sunday, Nov. 22||8:20 p.m. ET||vs. Chiefs||N/A|
|Week 12||Sunday, Nov. 29||1 p.m. ET||at Atlanta||Falcons -2|
|Week 13||Sunday, Dec. 6||1 p.m. ET||at New York Jets||Raiders -0.5|
|Week 14||Sunday, Dec. 13||4:05 p.m. ET||vs. Indianapolis||Raiders -0.5|
|Week 15||Thursday, Dec. 17||8:20 p.m. ET||vs. LA Chargers||Raiders -3|
|Week 16||TBD||TBD||vs. Miami||Raiders -6|
|Week 17||Sunday, Jan. 3||4:25 p.m. ET||at Denver||N/A|
How to bet on the Las Vegas Raiders
Some teams take off early and thrive throughout the year, like the 2019 Baltimore Ravens. Quarterback Derek Carr is in a make-or-break season and capable of a big year with added weapons on offense and more speed and depth at wide receiver to improve his yards-per-pass numbers – which were still top 10 in the NFL last season.
The Raiders will likely be a good bet on the point spread and moneyline as a competitively-priced underdog (6 points or less). The odds on the Raiders are likely to drop in the futures market before they rise.
A moneyline bet is picking the team to win straight up and laying a price as a favorite or taking back money as an underdog. If the Raiders are a 4-point favorite, you might have to lay -200, or $20 to win $10. If the Raiders are an underdog of 4-points, you could take +170 on the moneyline and lay $100 to win $170 or $20 to win $34.
The point spread is made by the oddsmaker to generate more equal action on both sides, although that happens far less frequently than most bettors realize. Using a 4.5-point spread again, if the Raiders are favored they would have to win the game by at least five points to win your bet. If Las Vegas is an underdog, you would win your bet if the Raiders win the game or if they lose by 4-points or less. Point spreads often have odds of -110, so a $11 bet wins $10. However, if the oddsmaker charges more vig on the odds, or taxes the bettor to take a preferred number or to keep the spread on a key number like 3 or 7, then the bookmaker may charge more like -120, or $12 to win $10.
A total or over/under is a bet on the combined points scored by both teams. During the season this ranges from the high 30s to mid or high 50s depending on the match-ups. First half and second half totals are also posted by the bookmaker. The totals may be shaded slightly higher and definitely so if early season and the previous week had a more high-scoring contest. The betting public will prefer to bet ‘overs’ and react to recent results. The bookmaker understands the thinking of public bettors, so evaluating the specific match-ups and understanding the market and how totals are set can be a more profitable way to bet the NFL. The betting limits on totals are less than sides or point spreads, which is another indicator of which is actually easier to beat as the bookmakers are more vulnerable to sharp action on totals. You’ll see larger line moves on totals and various factors affect that beyond the stats, match-ups or bigger bets. Weather affects totals more than sides.
Props or “proposition bets” are more popular bets on players’ expected stats and performances during a game. These are often bets that don’t directly affect the outcome of the game. An Over/Under passing yards total might be set on Carr for a particular contest, or Over/Under rushing yards on RB Josh Jacobs. Leading sportsbooks like DraftKings and FanDuel will offer more of these props during the season.
Player props are posted with number of passing yards for quarterbacks. This prop is typically the most popular offering. Carr does not yet have passing yard props available as the bookmakers likely wants to see if he secures the starting spot. Jacobs does not have have rushing props. But rookie No. 1 pick WR Henry Ruggs has Over/Under regular season receiving yards of 740.5 at FanDuel.
Futures are long term betting odds and include bets like which team will win the Super Bowl, division or season Over/Under win totals. Odds can vary greatly from various sportsbooks like DraftKings and FanDuel, so if you have an interest in a particular team or player in the futures market, you’re advised to shop for the best odds. Bettors have to tie up their money longer on futures bets, including on offerings like Most Valuable Player or Rookie of the Year.
Teasers allow a better to ‘buy’ points and move the point spread. A popular teaser bet in the NFL is 6 (-120) points. You have to pick at least two teams and can move the point spread 6-points either on the underdog or favorite. Sharp bettors like to bet teasers since the points spreads are more competitive in the NFL and you can move the line over key numbers like 3, 6 or 7. So if the Raiders are a 2-point underdog, you can tease the point spread up to +8. Then you would add another team to your teaser bet and maybe bet a 7-point favorite down to -1. Again, if it’s a 2-team teaser, both legs (teams) of the bet have to win and the vigorish or odds charged by the bookmaker is -120 and sometimes -130.
In-play or what you’ll also hear as ‘in-game’ betting is very popular and allows fans and bettors to continue to bet on outcomes during the course of the game. The point spread, moneyline and total will change throughout the contest, and you need to be quick to get your bets in and recognize the changing lines and what impacts the lines and odds. This takes practice to become more proficient, but sharp bettors can set themselves up for winning wagers throughout a contest as the lines adjust.
Raiders 2019 recap
The Raiders finished 7-9 in 2019 and were in the playoff chase at Thanksgiving. A finish to forget ensued as the Raiders lost four of their last five games including four straight with three blowout losses to the Jets, Chiefs and Titans. In the Raiders’ last seven games, they scored more than 21 points just once in a 24-17 win over the Chargers. The Raiders went 8-8 ATS and 7-9 Over/Under, but there was inconsistency on both sides of the ball.
The Raiders offense averaged 363.7 yards per game to rank No. 12 in the league and 5.9 yards per play was top 10. But the scoring wasn’t productive, averaging 19.6 points per game to rank bottom quartile in the league. The stat profiles on defense were sub-par allowing 354.8 yards per game to rank No. 19 in the league, but 5.9 yards per play allowed tied for No. 25. The Raiders were bottom five in the league in yards-per-point allowed and No. 25 in the league in scoring defense allowing 26.2 points per game.
The Raiders lost by at least 18 points in six games last season, and that’s a major concern from a competitive standpoint as they fill holes on defense and add more talent and depth on offense.
Raiders 2020 offseason moves
Key trades: None
Key re-signings: K Daniel Carlson, LB Kyle Wilber, RB Jalen Richard, G Richie Incognito
Key free-agent losses: S Karl Joseph, LB Tahir Whitehead (released)
Key free-agent signings: LB Cory Littleton (Rams), LB Nick Kwiatkoski (Bears), DE Carl Nassib (TB ) DT Maliek Collins (Cowboys), S Jeff Heath (Cowboys), QB Marcus Mariota (Titans)
Las Vegas made some much-needed additions on defense and were active early in free agency. The re-vamped Raiders added two top linebackers in Cory Littleton and Nick Kwiatkoski. The defensive line was also bolstered with DE Carl Nassib and DT Maliek Collins. Safety Jeff Heath was a three year starter for the Cowboys and completes the revamped Raiders defense with many new starters added. Quarterback Marcus Mariota, a former No. 2 overall draft pick, gives Las Vegas a solid backup to start the season but capable of becoming a starter. Head coach Jon Gruden and GM Mike Mayock are both strong believers in Mariota despite the QB losing his starting job in Tennessee last season.