The Indianapolis Colts roll into the 2024 season looking to get on track after an injury-marred campaign in 2023. Promising rookie QB Anthony Richardson was limited to just 4 Games due to a season-ending shoulder injury in Week 5. RB Jonathan Taylor was also limited to just 10 Games, too.
QB Gardner Minshew II led the Colts in passing and RB Zack Moss was the top rusher as Indy finished 9-8, getting eliminated from the playoffs in the final week. Both of those players moved on to new organizations during the offseason — Minshew to the Las Vegas Raiders and Moss to the Cincinnati Bengals. Richardson and Taylor are expected to be back and veteran QB Joe Flacco was brought in as a mentor and insurance policy.
WR Michael Pittman Jr. recently suffered a knee ailment in organized team activities (OTAs), but the good news is that it appears he avoided a major injury. He will be needed for Richardson to take a big step forward in Year 2.
The Colts are going to need all the help they can get as the sportsbooks seem to believe it’s going to be an uphill climb just to respectability this season.
Below, we look at the Indianapolis Colts’ 2024 NFL Super Bowl odds from FanDuel Sportsbook along with projected win total, playoff, conference and division odds as we make our best NFL picks and predictions.
2024 Indianapolis Colts schedule
| WK | DATE | OPPONENT | TIME |
| All times ET | |||
| 1 | Sept. 8 | vs. Texans | 1 p.m. |
| 2 | Sept. 15 | at Packers | 1 p.m. |
| 3 | Sept. 22 | vs. Bears | 1 p.m. |
| 4 | Sept. 29 | vs. Steelers | 1 p.m. |
| 5 | Oct. 6 | at Jaguars | 1 p.m. |
| 6 | Oct. 13 | at Titans | 1 p.m. |
| 7 | Oct. 20 | vs. Dolphins | 1 p.m. |
| 8 | Oct. 27 | at Texans | 1 p.m. |
| 9 | Nov. 3 | at Vikings | 1 p.m. |
| 10 | Nov. 10 | vs. Bills | 1 p.m. |
| 11 | Nov. 17 | at Jets | 8:20 p.m. |
| 12 | Nov. 24 | vs. Lions | 1 p.m. |
| 13 | Dec. 1 | at Patriots | 1 p.m. |
| 14 | BYE WEEK | ||
| 15 | Dec. 15 | at Broncos | 4:25 p.m. |
| 16 | Dec. 22 | vs. Titans | 1 p.m. |
| 17 | Dec. 28 or 29 | at Giants | TBD |
| 18 | Jan. 4 or 5 | vs. Jaguars | TBD |
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Colts over/under win total
Odds provided by FanDuel Sportsbook – last updated May 28 at 7 a.m. ET; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list.
- 8.5 wins: (Over: -104 | Under: -118)
According to the Sharp Football Analysis, the Colts have the 7th-easiest schedule in the NFL. Their implied line of 8.3 wins is close to the projections at most sportsbooks.
After a quick review of the schedule, it starts off in rather brutal fashion with up-and-comer Houston visiting Lucas Oil Field in the opener before a trip to Lambeau Field against another rising team in the Green Bay Packers.
If we’re being brutally honest, September and October could potentially net just 2 or 3 wins before things lighten up a little bit. But November does feature AFC contenders Buffalo and the New York Jets, while the Detroit Lions come in to town, too. That’s certainly no picnic, either.
The easiest month of the season will be December when the Colts could really piece things together with 4 or 5 victories to make a late-season push.
However, UNDER 8.5 WINS (-118) looks like the best play as the Colts are more than likely going to be a 3rd-place team in a difficult AFC South. It would be shocking if the team duplicated its win total of a season ago, even with a healthy Richardson and Taylor.
Colts Super Bowl odds
- +5500 (bet $100 to win $5,500)
The Colts have the 5th-longest odds among AFC teams to win the Super Bowl. This isn’t a championship-caliber team, although the skill position players are in place to build something for years to come in Indianapolis.
Indianapolis was still able to rack up 121.1 yards per game (YPG) on the ground, and 23.3 points per game (PPG), ranking 10th in the NFL last season. With Richardson back, the offense should be better.
However, the thing holding the Colts back from making any substantial move to contention is the defense. This team hemorrhaged 24.4 PPG to rank 28th in the league, according to Covers.com. The Colts were gouged for 123.8 rushing YPG, and 349.8 total YPG.
The San Francisco 49ers (+550) are the favorites to win the Super Bowl, followed by the Kansas City Chiefs (+600) and Baltimore Ravens (+950).
At +5500, Indianapolis has an implied probability of winning the Super Bowl of just 1.79% or 55/1 fractional odds.
The Carolina Panthers have the longest odds in the NFL at +30000, while the New England Patriots have the longest odds in the AFC at +18000 with the Denver Broncos and Washington CoMMAnders not far behind at +15000 each, and the division rival Tennessee Titans next at +13000.
PASS on a Colts Super Bowl bet as they are not in position to make a championship run. It would be a major upset if this team were to get above .500 for the season and make a push for a playoff spot.
Will Colts make the playoffs?
- Yes +142 | No -176
The Colts are in a tough division as it is likely staring at 2 or 3 wins max against teams in the AFC South. The Texans and Jaguars will be particularly tough.
Regardless of what the Sharp Football Analysis indicates, this is a difficult schedule. In particular, facing the Bills, Jets and Lions in 3 consecutive games in November is going to be the toughest stretch of the season.
The Colts will be able to take advantage of the Titans inside the division, but if Indy can’t sweep Tennessee, this is a team likely staring a losing season in the face.
The sportsbooks seem to concur as Indianapolis has some long odds to make the postseason. In fact, the Colts are tied with the Pittsburgh Steelers for the 5th-longest odds to represent the AFC in the Super Bowl. That means there are 10 teams with better odds, so the sportsbooks feel the Colts will be on the outside looking in for the playoffs. You should feel that way, too.
NO (-176) for the Colts to make the playoffs isn’t a tremendous value, but it’s the correct play.
Odds to win AFC South Division
- Texans +105 (bet $100 to win $105)
- Jaguars +270 (bet $100 to win $270)
- Colts +330 (bet $100 to win $330)
- Titans +800 (bet $100 to win $800)
Indianapolis’ implied probability of winning the AFC South is 23.26% or 33/10 fractional odds. The Texans are the favorites to win the division, and the Jaguars have slightly better odds than the Colts, which is a bit shocking quite frankly.
Indianapolis doesn’t look like a team which is going to finish above .500, while Jacksonville seems like it easily could be right back on top of the AFC South with a healthy QB Trevor Lawrence, especially if the Texans do not live up to lofty expectations.
In any event, we’re talking about the Colts, not the Jaguars, and Indianapolis isn’t a recommended play to win the division. This is a team which should get off to a brutal start, and it will be playing catch-up all season.
AVOID.
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Colts odds to win AFC
- +2500 (bet $100 to win $2500)
Again, the Colts aren’t a team expected to make a championship run. This will be a team looking to simply finish with a winning record while challenging for a postseason spot.
Even if the Colts were able to surprise and qualify for the postseason, they aren’t likely to get into double-digit win territory. A playoff appearance would likely be one and done.
While it’s tempting for a chance to multiply up by 25 times, this Colts team isn’t going to sniff the Super Bowl.
For more sports betting picks and tips, check out SportsbookWire.com and BetFTW.
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