The waiting is over for Jordan Love. The 2020 first-round pick replaces future Hall of Famer Aaron Rodgers at quarterback for the Green Bay Packers.
How will the Packers adjust? The jury’s still out. Regardless, the quarterback change promises to be one of the most scrutinized subjects of the 2023-24 NFL season.
With that in mind, let’s look at the betting odds for Green Bay this fall.
Packers Best Futures Odds
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NFL odds featured in this Packers report were found at DraftKings Sportsbook and are current as of May 31 at 11 a.m. ET.
Packers Win Total Odds
- Over 7.5 Wins (-105)
- Under 7.5 Wins (-115)
Packers Win Total Bet: Under 7.5 (-115)
DraftKings Sportsbook • WAGER: 1.5 units
It’s the end of an era in Green Bay, with Rodgers off to quarterback the Jets. The Packers are banking on Love being ready to take over. But is he? The potential is obvious. However, Love has yet to take very few meaningful snaps in the NFL.
The Packers may be in for a rude awakening once Week 1 rolls around.
Packers Make Playoffs Odds
- Yes (+200)
- No (-240)
Packers Make Playoffs Bet: No (-240)
DraftKings Sportsbook • WAGER: 2 units
This comes down to Love and whether you believe he’s the heir apparent to Rodgers. He very well could be, but with only 83 career pass attempts, I haven’t seen enough to jump to that conclusion.
Packers Futures Prop Bets
Under 2.5 Regular Season Division Wins (+195)
DraftKings Sportsbook • WAGER: 1 unit
Currently, there isn’t a clear-cut favorite in the NFC North. The Lions are trendy, but how will they handle increased expectations? The same goes for the Bears, who finished with the NFL’s worst record in 2022-23 but have a potential franchise quarterback in Justin Fields. And then there’s the Vikings, who may be in line for regression after going 13-4.
Through that lens, Green Bay, who rank No. 6 in our NFL offensive line power rankings, should be able to hold its own within the division. Then again, if Love isn’t ready, the Packers will struggle no matter who they play. I need to see more from Love before buying in.
Division Finishing Position: Third Place (+230)
DraftKings Sportsbook • WAGER: 1 unit
Here’s the brighter, alternative outlook: in addition to the NFC North, Green Bay will play the lowly AFC South. Five of its first six games are against teams that did not make the playoffs last season. According to Pro Football Network, the Packers have the third-easiest schedule in the NFL.
The timing could be right for Green Bay to pick off some wins.
Jordan Love: Over 3,500.5 Passing Yards (+100)
DraftKings Sportsbook • WAGER: 1 unit
Fourteen quarterbacks- nearly half of the league’s starters- threw for at least 3,500 yards last season. Three others, including Davis Mills and Matt Ryan, came within 500 yards of joining them.
Even if Love is adequate, he should come close to cashing in, especially if receiver Christian Watson can take the next step in his development.
Packers Game Odds & Lines
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Packers Best Player Prop Odds
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More NFC North odds: Chicago Bears | Detroit Lions | Minnesota Vikings
How to Bet on Packers Games in 2023
How to Bet Packers 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 Packers are a (-200) favorite against the rival Bears, you would have to bet $20 to turn a $10 profit. If Green Bay was a (+200) underdog, you would profit $20 off a $10 bet.
- 2022 Packers Moneyline Record: 8-9
How to Bet Packers 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 Packers are 6-point favorites over the Buccaneers, the spread for that game will be set up like this: Packers -6 (-110) vs Buccaneers +6 (-110).
In this scenario, the Packers 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.
Green Bay covered the spread only 47.1% of the time in 2021, and with Love taking over at quarterback, there are questions about how the Packers will adjust moving forward.
- 2022 Packers Against the Spread Record: 8-9
How to Bet Packers Over/Unders
If you don’t want to pick a side, you can still bet on Packers 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 Love, Watson, and the Packers 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. Green Bay’s games did not exceed scoring expectations last season, and the offense has a massive void to fill with Rodgers gone.
- 2022 Packers Over/Under Record: 8-9
