2016-17 NFL Playoff Odds

2016-17 NFL Playoff Odds

The 2016-17 NFL season is scheduled to begin on September 8, 2016 with the annual Thursday night kickoff game. This year we will be treated to a Super Bowl 50 rematch with the defending champion Denver Broncos hosting the Carolina Panthers. Although this date is still roughly four months away, sportsbooks have been posting a smorgasbord of betting opportunities including Week 1 lines, futures and prop bets.

[ View the latest Week 1 odds and betting trends by visiting our free NFL odds page ]

Recently CG Technology posted Yes/No odds for all 32 NFL teams to make the playoffs in the upcoming season. This continued the trend of sportsbooks pushing up their release date for major NFL prop bets and futures.

The table below displays the NFL playoff odds from CG Technology on May 9 along with the implied probability for both “Yes” and “No.” You’ll notice that due to the juice, each implied probability adds up to over 100%. This information will be updated as new information becomes available.

Carolina Panthers-50083.33%40020.00%
Green Bay Packers-42080.77%33522.99%
Seattle Seahawks-40080.00%32023.81%
New England Patriots-26072.22%22031.25%
Pittsburgh Steelers-24070.59%20033.33%
Denver Broncos-15060.00%13043.48%
Minnesota Vikings-14058.33%12045.45%
Dallas Cowboys-13557.45%11546.51%
Arizona Cardinals-13557.45%11546.51%
Indianapolis Colts-13056.52%11047.62%
Kansas City Chiefs-13056.52%11047.62%
Cincinnati Bengals-12555.56%10548.78%
Houston Texans11047.62%-13056.52%
New York Giants12045.45%-14058.33%
Oakland Raiders13043.48%-15060.00%
Baltimore Ravens14041.67%-16061.54%
Philadelphia Eagles15040.00%-17062.96%
Washington Redskins16038.46%-18064.29%
Buffalo Bills18035.71%-21067.74%
Jacksonville Jaguars20033.33%-24070.59%
New York Jets21032.26%-25071.43%
Los Angeles Rams22031.25%-26072.22%
Atlanta Falcons22031.25%-26072.22%
Miami Dolphins24029.41%-28073.68%
Detroit Lions25028.57%-30075.00%
Chicago Bears25028.57%-30075.00%
New Orleans Saints32023.81%-40080.00%
Tampa Bay Buccaneers32023.81%-40080.00%
San Diego Chargers40020.00%-50083.33%
Tennessee Titans55015.38%-80088.89%
San Francisco 49ers60014.29%-90090.00%
Cleveland Browns65013.33%-100090.91%

There are a few surprises with these opening odds, and several teams appear to be offering value. For starters, oddsmakers seem to have overreacted to Tom Brady’s four-game suspension. The Patriots still have the best odds of winning the Super Bowl, however, they only have the fourth best odds of making the playoffs. I won’t typically recommend taking big moneyline favorites, but New England -260 is an excellent value.

Similarly, I can’t fully comprehend why the Colts (-130) are essentially a coin-flip to make the playoffs. The team struggled last year when Andrew Luck went down, but the franchise quarterback will be back behind center when this season begins. The AFC South remains one of the weakest divisions in football, and the Colts look poised for a bounce back season.

One team that I don’t believe will bounce back is the Dallas Cowboys. Although Tony Romo will be returning from a broken collarbone, their defense is painfully thin on edge pass rushers with several question marks about the healthy and production of their cornerbacks. The Cowboys are consistently one of the most popular teams among squares, which often cause their lines to be artificially inflated. For that reason, I like Dallas +115 to miss the playoffs.

Want a real contrarian viewpoint? I don’t think that the defending NFC Champion Panthers will make the postseason this year. Even if you don’t believe in the Super Bowl curse, there’s plenty of reason to think that Carolina will regress. Star cornerback Josh Norman signed with the Redskins and safety Roman Harper is still a free agent.

It’s true that Kelvin Benjamin will return for the upcoming season, but there are still major concerns about the team’s receiving corps. Coming off a 15-1 season and an appearance in the Super Bowl, this is the best time to sell high and take Carolina (+400) to miss the playoffs.

What do you think about these picks? Are there any teams that are offering value? Please leave your thoughts and comments in the section below.

David Solar

David was the Content Manager at Sports Insights. He has since moved on to greener pastures.

1 Comment
  • David
    01/02/2017 at 6:10 pm

    The Houston Texans are a space filler only, The Oakland Raiders are a much better, much more focused team then the Texans have/ever been…

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