Bengals Odds & Futures Bets 2023

Tim HeaneyDirector of Sports Content
Last Updated: Dec 26, 2022

January 2022, the Cincinnati Bengals charged on a Cinderella run during the NFL playoffs to clinch a spot in Super Bowl 56. Though they suffered a devastating loss in a near victory over the Los Angeles Rams, the Bengals have enjoyed a much more successful follow-up than Los Angeles, who’s set to miss the playoffs this season.

QB Joe Burrow has helped Cincinnati rattle off seven straight wins and a 10-2 stretch after an 0-2 kickoff to 2022-2023.

Cincinnati capped its streak with a 22-18 Week 16 win over Bill Belichick’s New England Patriots while also notching a repeat win in Week 13 against the Kansas City Chiefs, their 2022 AFC Championship foes.

Cincy’s underrated personnel on both sides of the ball is finally regaining trust from sportsbook markets — just in time for Ohio to legalize sports betting and offer up Bengals futures odds to Buckeye State football fans.

Read on for the best ways to bet on Bengals NFL odds.

Want to place wagers on Ohio teams? Head over to our Ohio sports betting guide for the top offers and operators to bet on the Bengals, Cleveland Browns, Ohio State Buckeyes, and more local squads.

Best Bengals Betting Lines 2023

Bet on Bengals games with our top NFL odds.

Bengals Futures Betting Odds

Note: These Bengals futures bet odds are current as of Monday, Dec. 26, at noon ET and courtesy of Caesars Sportsbook. You can find more odds at these US betting sites. But be careful, as many of these NFL futures odds might shift as we get closer to the 2022 NFL season.

  • Bengals Win AFC North (-240)
  • Bengals Win AFC Championship (+380)
  • Bengals Win Super Bowl 57 (+700)

Now that the Bengals have clinched a postseason berth, that market is obviously off the board.

Cincy holds the sixth-shortest odds to win the Super Bowl and the third-shortest to take the AFC, placing them among legitimate Lombardi Trophy contenders.

The preseason-opening (+2200) to win Super Bowl 57 undersold the foundation of this Bengals team that pushed them to the runner-up spot in Super Bowl 56.

The Baltimore Ravens’ injury woes have piled up, chiefly QB Lamar Jackson over the past three weeks, allowing Cincy to take control of the AFC North.

Advancing to the Super Bowl has dwindled to (+380) from the preseason (+1200).

Bengals Super Bowl 57 Odds

Bengals to Win Super Bowl (+700) at Caesars Sportsbook

The Bengals are priced somewhat accurately among Super Bowl odds.

Their top wideout trio of Chase, Tee Higgins, and Tyler Boyd can match or topple any in the league. Joe Mixon and even backup RB Samaje Perine can carry the ground game, even with an uneven offensive line.

The underrated defense, led by defensive end Trey Hendrickson and playmaking safety Jessie Bates III, has already shown it can fight and win against stellar offenses like the Chiefs.

Their future may again come down to head coach Zac Taylor‘s feel for the on-the-field happenings, which has proven inconsistent.

This price is a little late to the party to catch them on the upswing, so it’s not my favorite futures, but the Bengals boast the recent success and talent to justify a ticket here.

Bengals AFC Championship Odds

Bengals to Win AFC Championship (+380) at Caesars Sportsbook

The journey to a possible Super Bowl could be a little easier than the 2022 chase but also carries a bit of downside.

Cincinnati is set up to have at least one home playoff game and, if the Bills and Chiefs collapse, can crawl into No. 2 — or even No. 1 with a first-round bye.

Again, these AFC Champion odds don’t present a huge profit opportunity, but go for it, Ohioans.

Bengals AFC North Winner Odds

Bengals to Win AFC North (-240) at Caesars Sportsbook

This bet will have the soonest settlement, though of course the one-game separation leaves this a bit tenuous.

The Ravens face the mostly pushover Pittsburgh Steelers on Week 17 Sunday Night Football. Meanwhile, Cincy has to deal with the Buffalo Bills in a marquee MNF showdown.

So the division title could easily come down to the Bengals-Ravens Week 18 clash. You could score better value on a Bengals moneyline bet, especially if Lamar Jackson returns for Week 18 or sooner.

At this point, finding an alternate line, same game parlay, or another method to handicap Bengals-Ravens would pay off better than this heavily juiced futures bet. (Maybe you can parlay this one at some operators, but that’s not guaranteed, and it’s better to wait.)

Bengals Prop Bet Odds

Joe Burrow: NFL MVP (+600) at Caesars Sportsbook

With Philadelphia Eagles QB Jalen Hurts’ shoulder injury costing him one game and possibly more, Burrow slides up to the second favorite in the NFL MVP odds.

Chiefs QB Patrick Mahomes sits at the top at a whopping -550.

If we want to imagine a timeline in which Burrow leapfrogs him as the NFL MVP favorite, that will likely involve a Chiefs — and Mahomes — collapse.

Ergo, with the main factor likely preventing Burrow from winning the award … also the candidate likely to be penalized simultaneously in that course of events … the events are somewhat in control.

Burrow looks like a shrewd bet. This is my favorite NFL pick of the day among these Bengals futures.

How to Bet Bengals Moneylines

Moneyline wagers are simple and straightforward. All you have to do to win your bet here is choose which team you think will win the game.

A team’s moneyline odds will change on a weekly basis depending upon their matchup. If they’re favored in a game, they will have a minus symbol (-150) next to their odds. Accordingly, if their opponent is favored, that team will have a plus symbol (+125).

Let’s say the Bengals are taking on the Steelers. In this scenario, they might be a (-150) favorite. That means a $15 bet will win you $10. On the other hand, if the Bengals are playing the Bills, they may be a (+150) underdog. In this case, a $10 bet would win you $15.

  • 2022 Bengals Moneyline Record (through Week 16): 11-4-0 (tied 5th)

How to Bet Bengals Spreads

The most popular way to bet on NFL games is spread betting. This option provides you with two evenly-priced options to wager on. The number associated with the spread is the number of points that a team is expected to win or lose the game by, whether they’re the favorite or underdog.

In the example given above, Cincinnati might be a six-point favorite over the Steelers. In this case, the Bengals would need to win by more than six points to cover the spread. If they lose the game or if they win by less than six points, the Steelers would cover the spread.

  • 2022 Bengals Against the Spread Record (through Week 16): 12-3-0 (1st)

How to Bet Bengals Over/Under Totals

Unsure about the spread and moneyline but know that it’s going to be a high-scoring game? This is where betting Over/Unders — or totals — is your friend.

Sportsbooks will set a projected scoring total for each game during the week. To make money here, you simply have to choose whether the final combined score will be higher or lower than what the oddsmakers suggest.

  • 2022 Bengals Over/Under Record (through Week 16): 5-9-1 (tied 25th)


Tim Heaney

Before joining The Game Day, Tim spent more than a decade in the fantasy sports and betting industry. Having written for ESPN, RotoWire, and USA TODAY, Tim earned an FSWA award nomination for Best MLB Print Article and multiple Top-5 finishes in fantasy baseball rankings contests. Tim has competed in Tout Wars (1 championship), LABR, Scott Fish Bowl, NFBC/NFFC, TGFBI, and RazzBowl (recent 4th-overall finish out of 200+). Drop him a line about TV, music, craft beer & pro wrestling.

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