The Chicago Bears bottomed out last season, finishing with the NFL’s worst record (3-14) under rookie head coach Matt Eberflus. But fortunes can change overnight in the NFL, and Chicago may be a prime example.
After bolstering the talent around franchise quarterback Justin Fields, Chicago looks primed to make big strides this season, especially in a seemingly wide-open NFC North.
Just how big? That’s still to be determined. But with Fields coming into his own, the Bears are undoubtedly ready to move in the right direction.
Let’s take a closer look at Chicago’s odds for the 2023-24 NFL season.
Bears Best Futures Odds
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NFL odds featured in this Bears report were found at DraftKings Sportsbook and are current as of May 29, at 9 p.m. ET.
Bears Win Total Odds
- Over 7.5 Wins (-130)
- Under 7.5 Wins (+110)
Bears Win Total Bet: Over 7.5 (-130)
DraftKings Sportsbook • WAGER: 1 Unit
The Chicago Bears took a bold step to upgrade the talent surrounding Fields, trading the No. 1 pick in the draft to Carolina. In exchange, the Bears received a package that included wide receiver D.J. Moore and the No. 9 pick, which they later used to select Tennessee offensive tackle Darnell Wright.
The addition of a top wideout will undoubtedly bolster a unit that finished with just 121 receptions last season, the lowest total in the NFL.
So long as Fields stays healthy, the Bears seem poised to take a leap forward. He has the dual-threat abilities to be a game-changer entering his second season under offensive coordinator Luke Getsy.
Bears Make Playoffs Odds
- Yes (+160)
- No (-200)
Bears Make Playoffs Bet: Yes (+160)
DraftKings Sportsbook • WAGER: 1 Unit
Again, it all boils down to Fields. If the Bears can keep him upright, there’s no reason why they can’t go from 3-14 to the postseason. Fields should only be more comfortable with another year of experience under his belt, and the roster is better than the one that closed last season.
A relatively easy schedule — ranked 26th in the NFL per Pro Football Network — should also help.
Bears Futures Prop Bets
Winning Record (+160)
DraftKings Sportsbook • WAGER: 2 Units
The Bears, ranked No. 26 on our NFL defense power rankings, should be one of the NFL’s most improved teams this season. It’s way too early to forecast any type of deep playoff run, but there will be enough opportunities on Chicago’s schedule to find wins in a down NFC.
With Green Bay and Tampa Bay on the docket in Weeks 1 and 2, a 2-0 start isn’t out of the question for Chicago.
Over 9.5 Wins (+350)
DraftKings Sportsbook • WAGER: 1 Unit
If you haven’t noticed, I’m bullish on Chicago. Outside of a Week 3 trip to Kansas City, the Bears’ schedule looks relatively favorable until at least mid-October. That, coupled with Fields’ immense talent, bodes well as the Bears look to climb out of the NFC North cellar.
Should the Bears get off to a good start and build momentum, a double-digit win season may be within reach.
Division Winner (+400)
DraftKings Sportsbook • WAGER: 1 Unit
If — again, if — Fields manages to take the next step in his development as a passer, the Bears will be closer to the top of the division than the bottom. Green Bay is due to take a step back without Aaron Rodgers, and neither Detroit nor Minnesota seem like a sure thing.
Bears Game Odds & Lines
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Bears Best Player Prop Odds
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More NFC North odds: Detroit Lions | Green Bay Packers | Minnesota Vikings
How to Bet on Bears Games in 2023
How to Bet Bears Moneylines
NFL moneyline wagers are the simplest forms of NFL bets. All you have to do is pick a team to win a given game, and if they do, you win your bet.
Since winning is the only requirement to cash your bet, the odds for NFL moneylines can vary greatly depending on each team’s implied probability of winning (or losing) that game. Favorites are designated by a minus symbol (-200), whereas underdogs are represented by a plus symbol (+200).
If the Bears are a (-200) favorite against the rival Packers, you would have to bet $20 to turn a $10 profit. If Chicago was a (+200) underdog, you would profit $20 off a $10 bet.
- 2022 Bears Moneyline Record: 6-11
How to Bet Bears Spreads
Betting the spread is the most efficient way to wager on NFL games, as it presents two evenly priced options. The spread, which is assigned a value by the books, is the number of points that the favorite is expected to win by against the underdog.
If the Bears are 6-point favorites over the Packers, the spread for that game will be set up like this: Bears -6 (-110) vs Packers +6 (-110).
In this scenario, the Bears would have to win by more than six points for you to win your bet. If they were to win by a pair of field goals, your bet would push and you would recoup your initial wager.
Chicago covered the spread only 31% of the time in 2022, however the roster seemed to improve enough over the offseason to make this a decent bet moving forward.
- 2022 Bears Against the Spread Record: 6-11
How to Bet Bears Over/Unders
If you don’t want to pick a side, you can still bet on Bears games by wagering on the total number of points scored.
Sportsbooks set the amount of combined points they expect both teams in the game to score, and then you can bet on either the Over or the Under.
If you expect Fields, Moore, and the Bears to light up the scoreboard, then you’ll probably want to take the Over. If you think a specific game could be more defensive, then you would bet the Under. Chicago’s games did not meet scoring expectations last season, but they should be priced higher this year after the additions to the offense.
- 2022 Bears Over/Under Record: 7-10