The Indianapolis Colts franchise has a rich history dating back to when they moved from Baltimore to Indiana to become the Colts. The franchise itself was founded in 1953 in the American Football League but then relocated to Indianapolis in 1984. Since the move, the Colts have made the playoffs 19 times, won a pair of conference championships and won Super Bowl XLI.
One of the most exciting parts of watching the Colts and NFL football is betting on the game. If you’re new to sports betting in Indiana, or betting on the Colts, here are the latest spread, moneyline and totals odds for the next Colts game plus an intro to NFL betting to get you on the right track.
NFL teams are starting to get into football mode now that we’re a little deeper into the summer months.
Preseason is right around the corner for the Colts, with training camp taking place later this month in Westfield, Indiana.
You can go to Colts training camp for free if you’re looking to get an early glimpse at this year’s roster. That might be a popular option for fans wanting to check out new quarterback Carson Wentz.
Training camp will run from July 28 until Aug. 19, so things should transfer over smoothly to preseason action from there.
See below for the best real-time odds on the Colts’ spread at Indiana online sportsbooks. Click on any odds to go directly to the online sportsbook, register your account, claim your free bets or bonuses and make your bet.
What are the best odds for the Colts to run the gauntlet and win the AFC South, AFC or Super Bowl? Check the odds feed below; click on any odds to go right to the sportsbook and claim your bonus:
|1||Sunday, Sep. 12||Seattle Seahawks||1:00 pm ET||FOX||Spread: Colts -2.5 (-120)
|2||Sunday, Sep. 19||Los Angeles Rams||1:00 pm ET||FOX||Spread: Colts +1.5 (-110)
|3||Sunday, Sep. 26||@ Tennessee Titans||1:00 pm ET||CBS||Spread: Colts -1 (+100)
|4||Sunday, Oct. 3||@ Miami Dolphins||1:00 pm ET||CBS||Spread: Colts +1 (-110)
|5||Monday, Oct. 11||@ Baltimore Ravens||8:15 pm ET||ESPN||Spread: Colts +4 (-110)
|6||Sunday, Oct. 17||Houston Texans||1:00 pm ET||CBS||Spread: Colts -11.5 (-110)
|7||Sunday, Oct. 24||@ San Francisco 49ers||8:20 pm ET||NBC||Spread: Colts +4.5 (-110)
|8||Sunday, Oct. 31||Tennessee Titans||1:00 pm ET||CBS||Spread: Colts -3.5 (-110)
|9||Thursday, Nov. 4||New York Jets||8:20 pm ET||FOX/NFLN/Amazon||Spread: Colts -8.5 (-110)
|10||Sunday, Nov. 14||Jacksonville Jaguars||1:00 pm ET||CBS||Spread: Colts -7.5 (-110)
|11||Sunday, Nov. 21||@ Buffalo Bills||1:00 pm ET||CBS||Spread: Colts +4.5 (-110)
|12||Sunday, Nov. 28||Tampa Bay Buccaneers||1:00 pm ET||FOX||Spread: Colts +1 (-110)
|13||Sunday, Dec. 5||@ Houston Texans||1:00 pm ET||CBS||Spread: Colts -7 (-110)
|15||Saturday, Dec. 18||New England Patriots||TBD||TBD||Spread: Colts -5.5 (-110)
|16||Saturday, Dec. 25||@ Arizona Cardinals||8:15 pm ET||NFLN||Spread: Colts +1 (-110)
|17||Sunday, Jan. 2||Las Vegas Raiders||1:00 pm ET||CBS||Spread: Colts -6 (-110)
|18||Sunday, Jan. 9||@ Jacksonville Jaguars||1:00 pm ET||CBS|
Heading into 2020, the goal for the Colts was an AFC North crown and a berth in the postseason. They came up short on the former. The Titans were division winners in a tiebreaker advantage as the teams had matching records of 11-5.
After opening the season with a surprising road loss to the Jaguars, the club got its bearings together and managed to enter the Week 7 bye with a record of 4-2. Following the break, the team closed out the season strong on a 7-3 run.
However, red flags emerged in the losses, two of which came at home to fellow AFC playoff contenders the Ravens and Titans. Nonetheless, the team managed to hit one of its preseason goals by snagging a Wild Card berth.
Indianapolis hit the road for the Wild Card round to face the Buffalo Bills, and they wound up on the wrong side of a 27-24 decision. The one-year experiment with Phillip Rivers behind center came to a close in disappointing fashion.
As we get for a new NFL season, the futures market makes for a great way to get a handle on what to expect. Based on the numbers posted by oddsmakers, the Colts are once again expected to be in the postseason mix. Check the latest odds from top Indiana sportsbooks in the feed above.
At both DraftKings and FanDuel, the Colts are slightly favored over the Titans to win the AFC North. The club has hit double-digit wins in two of the last three seasons, but the current market has them pegged for 9.5 – 10 victories.
A lot of the team’s hopes will be pinned on new signal caller Carson Wentz and how he fits in the new surroundings. According to both DraftKings and FanDuel, he’s at +4000 to take down the NFL MVP award.
The defense has shown promise in recent seasons, and the hopes are that the unit will continue gelling. Wentz will have some nice talent at his disposal, and he previously worked with head coach Frank Reich when the two were in Philadelphia together.
The AFC as a whole shapes up to be competitive this season. The Colts are currently the sixth choice at both books to win the conference, behind the Chiefs, Bills, Ravens, Browns, and Broncos.
In terms of making the playoffs, the majority of bettors are taking the ‘yes’ option in both spots. The odds split is -182/+149 at DK and -194/+158 at FD. Add it all up, and it shapes up to be another interesting season of Colts football.
When you go to bet on the Colts, there are three main types of bets you’ll see:
Let’s walk you through each, so you have an understanding of how to read the odds:
The point spread is a margin of victory. When you’re betting on these lines, you might see something that looks like the following:
In this case, what you’re betting on is which team will “cover” the margin of victory. The first thing you want to look for is the plus or minus sign. If it’s a minus sign, what that means is that the team has to win but 2.5 points or more. In this case, if you bet the Colts, they would have to win by 3 points or more for you to cover.
On the other hand, the plus sign means you’re getting points. In this case, if the Texans lost by 2 points or one, or won the game outright, you’d win your bet.
The moneyline is a type of bet that solely focuses on the outright winner; the margin is not a factor. You might see a betting line that looks like this:
What this line tells you is how much you’ll win betting on each side. The minus sign indicates the favorite. It also tells you that if you bet $180 on the Colts and they win, you’d win $100. On the flip side, the plus sign tells you how much you’d win if you bet $100. In this case, a $100 winning bet on the Texans would pay +150.
The total is another way to bet on football games as it allows you to bet on the combined score of the two teams. If you’re not sure who will win the game, this gives you the option to bet on whether it will be a high- or low-scoring affair.
You might see a line like this:
In this case, what you have to decide is whether the combined score of the two teams will be more or less than 54.5. If you think the game might be a defensive scoring contest, you’d bet under. If you think it will be a high-scoring shootout, you’d bet over.
Scores like 20-10, 27-20 and 50-3 are all examples of unders in this case. Scores like 54-20 and 30-27 are examples of overs.
There are many options for betting on the Indianapolis Colts. Here is a quick list of a few more popular bet types:
Futures: Futures are a type of bet that’s decided down the road. For example, if it’s still the preseason and you wanted to bet on the Colts to win the AFC South Division or to win the Super Bowl. These bets are risky as they are long-term and a lot can happen. However, they often come with the reward of a sizable payout.
Parlay: Parlays are a type of multiplier where you tie-in multiple bets. For example, let’s say you bet the Colts, Patriots and 49ers to win (all in separate games). If any of them lose, you lose the entire bet. However, the upside of parlays is they offer big payouts.
Props: Props are types of bets that are focused on the performance of a player or team. For example, betting on how many passing yards Luck will have in a game or whether the Colts will score in the last two minutes of a half. This allows you to bet on the game without deciding on who will win.
That’s important to know because they’re not a team that deals with the weather when they are the host. For eight games a year, they’re in their cozy indoor stadium. That means if they have to go on the road in December, to face frostbite or frigid temperatures, they’re not used to that.
In the NFL, teams can play on grass or turf, and the Colts play on turf. Currently, the type of turf they play on is the Shaw Sports Turf Momentum.
Turf provides an edge for teams who rely on finesse as it highlights speeds and explosiveness. That means when they’re the host; they tend to have an edge as they are used to it. However, when they go on the road to play on grass — especially if it’s wet, snowy or muddy — and their footing isn’t as good, that tends to be a disadvantage to them.
The Colts play in the Eastern time zone, so that’s important to know for a few reasons. For starters, road trips to New York and New England are short hauls for them. They don’t even have to change their clocks when they visit many of the teams.
However, a visit to Los Angeles or San Francisco is a bit of a journey for the Colts. They’re in an odd spot where they have to travel quite a bit to face their divisional foes as the Houston Texans and Jacksonville Jaguars are a long trip south, although the Tennessee Titans are closer.
During the storied history of the Colts, several different rivalries have emerged. Some have stood the test of time, while others have ebbed and flowed based on the era.
Currently, three rivals stick out. Any time one of these teams cross paths with Indianapolis, it’s a good idea to circle the game on the schedule as a must-see.
The Colts franchise traces its roots back to 1953. Initially located in Baltimore, the team would go on to win three championships in the days before the merger of the NFL and AFL.
The 1958 NFL Championship game was particularly memorable, as the team took down the New York Giants in an overtime thriller, a game that many view as the one which put the NFL on the map.
The Colts were also involved in one of the biggest upsets in NFL history. Entering Super Bowl III, they were big favorites over the New York Jets of the rival AFL. They would go on to lose by a score of 16-7, with the game going on to signify that the NFL and AFL were on equal footing.
The team would win Super Bowl V over the Dallas Cowboys, and go on to win a number of division crowns through the 1970s. In 1983, the team was embroiled in a dispute with the city of Baltimore over requested upgrades to Memorial Stadium. The result was the Colts’ franchise packing up and relocating to Indianapolis.
The Colts didn’t find a ton of success in their new locale, but fortunes changed when the team selected Manning with the first overall pick in the 1998 NFL draft. The team was competitive throughout the Manning era and was able to take down Super Bowl XLI in 2007.
In the first round of the 2012 NFL draft, the Colts selected Luck, a quarterback out of Stanford. The team had the first overall pick that year due to its poor record of 2-14 the prior season.
It was the beginning of a new era in Indianapolis. The team released Manning in the offseason, so the team was ready to begin anew with what they hoped was another franchise player.
Their hopes were answered. Luck evolved into one of the top players in the league. Among his accomplishments were being selected to the Pro Bowl four times, and an NFL Comeback Player of the Year award in 2018. He dealt with several injuries in the latter part of his career. On the eve of the 2019 regular season, Luck unexpectedly retired from the NFL.
While he never led the team to its ultimate goal of a Super Bowl, the team made it to the postseason four times with him behind center. He finished his professional career with 23,671 passing yards, 171 touchdowns versus 83 interceptions, and a completion percentage of 60.8.
Here are the all-time leaders for the Colts franchise in the major statistical categories.
The Colts franchise has had 14 players inducted into the NFL Hall of Fame, as well as five coaches and executives. Here are the players who have been enshrined in Canton, along with their position and year of induction.
The team also has a Ring of Honor at Lucas Oil Stadium, which was established in 1996. It honors those who have made the most significant contributions to the franchise and currently includes 12 players.
Here they are with their positions and year honored:
Throughout NFL history, there are more than 200 players who have come from the state of Indiana, many of whom are from Indianapolis. Currently, there are 15 players in the NFL from Indiana and five from Indianapolis alone.
Here are those from the latter category, listed by position and current team:
Sports betting was legalized in the state of Indiana in 2019. Residents must be 21 years of age to place wagers and physically located in the state of Indiana. For the initial rollout, betting was legalized at physical sportsbooks with online and mobile betting now live as well.
Jim Irsay is the current owner of the Indianapolis Colts. He took over as principal owner in 1997, succeeding Robert Irsay. Back in 1972, Irsay purchased the Los Angeles Rams for $19 million. He proceeded to swap teams with Carroll Rosenbloom, who was the owner of the then Baltimore Colts.
According to Forbes estimates for 2020, the Colts are valued at $2.85 billion, an increase of 8% over the previous year. The team’s operating income is estimated at $66 million for the most recent year.
The Colts have two Super Bowl titles. They defeated the Dallas Cowboys in Super Bowl V, and took down the Chicago Bears in Super Bowl XLI. The team has also been to two other Super Bowls, losing to the New York Jets in Super Bowl III and to the New Orleans Saints in Super Bowl XLIV.
The Colts have made it to the postseason 29 times in franchise history. Five of those appearances took place prior to the merger of the NFL and AFL. The team made it to three NFL Championship games prior to the Super Bowl era, going 2-1. The club has made it to four Super Bowls, going 2-2. All told, the playoff record stands at 23-25.
Frank Reich is the current head coach of the Indianapolis Colts. Prior to taking the job, he served as offensive coordinator for the Philadelphia Eagles. This is his first head coaching gig in the NFL, but Reich has extensive experience at the assistant and coordinator level. He’s also a former NFL player with a career that spanned from 1985 through 1998. Most memorably, he served as backup QB for the powerhouse Buffalo Bills teams of the early 1990s.
Lucas Oil Stadium.
Carson Wentz is expected to be the starting QB for the Colts after his offseason trade from the Philadelphia Eagles. He’ll be taking over for Jacoby Brissett, who took over for Andrew Luck, who unexpectedly retired in advance of the 2019 season. Brissett also served as starter for the team in 2017 when Luck was out to injury.
The Baltimore Colts played their home games at Memorial Stadium. Team owner Robert Irsay wanted the city to pay for upgrades, but no progress was made. The matter continued to escalate, and Irsay negotiated a back-door deal with the city of Indianapolis to relocate the team. On March 28, 1984, the franchise abruptly packed up its things in the middle of the night on moving trucks and relocated. Baltimore would remain without an NFL team until 1996 when the Cleveland Browns relocated and became known as the Baltimore Ravens.