2024 Indianapolis Colts Betting Guide

The Indianapolis Colts proved to be a goldmine for bettors in the 2023 season, consistently exceeding expectations and delivering value on a regular basis. With a promising roster and a renewed sense of optimism, the Colts are poised to continue their upward trajectory in the 2024 campaign.
In this betting guide, we’ll delve into the key factors that make the Colts an attractive option for bettors. From key players to betting trends, this guide has everything you need to be an informed bettor this season.
indianapolis colts

Latest Picks and Betting Odds for the Indianapolis Colts

Check out our latest picks for the upcoming Colts’ games:

Odds to Win
SUPERBOWL

+25000

Odds to Win
AFC Conference

+12500

Odds to Win
Division

-225

Seasons Win

6.5 – 120 Over
6.5 + 100 Under

Indianapolis Colts 2024 Team Stats

Below is a breakdown of the Indianapolis Colts stats for the 2024 season:

https://sportstats.nypost.com/football/nfl/teamstatistics/13

Indianapolis Colts Injury Updates

Check out the latest injury updates for the Indianapolis Colts here:

Indianapolis Colts Logo

Get the latest Indianapolis Colts injury updates here at ScoresandStats.com. With this report you’ll gain valuable betting insights for this season. For more betting advice you can also sign up and view even more information.

History of the Indianapolis Colts

The Indianapolis Colts’ history began in 1953 when they were established as an NFL team. Originally based in Baltimore, the Colts quickly made their mark, winning their first NFL Championship in 1956. The team gained significant attention in the late 1960s, reaching Super Bowl III in 1968, though they lost to the New York Jets. Their fortunes changed with the NFL-AFL merger in 1970, leading to another championship win that year.

The Colts faced a transformative period in the early 1980s. In 1984, the franchise relocated to Indianapolis from Baltimore, marking a new chapter in its history. The team struggled in the subsequent years but experienced a resurgence with the arrival of quarterback Peyton Manning in 1998. Manning’s tenure defined a golden era for the Colts. Under his leadership, the team won Super Bowl XLI in 2006 and reached another Super Bowl in 2009, though they lost to the New Orleans Saints.

As Manning’s career wound down, the Colts turned to Andrew Luck, the first overall pick in the 2012 draft, to lead them into the future. Luck’s arrival brought renewed hope, and while the team enjoyed playoff appearances and strong seasons, they faced challenges, including a significant coaching change in 2017 when Frank Reich took over. Despite some ups and downs, including playoff misses and late-season collapses, the Colts have remained a competitive force in the NFL, continuing to build on their storied legacy.

Timeline of the Indianapolis Colts Franchise

  • 1953: The Indianapolis Colts are established as a member of the NFL.
  • 1956: Colts win their first NFL Championship.
  • 1968: Colts reach Super Bowl III but lose to the New York Jets.
  • 1970: Colts win their second NFL Championship, following the NFL-AFL merger.
  • 1977: Colts acquire quarterback Bert Jones, leading to successful seasons in the late 70s.
  • 1984: The team relocates from Baltimore to Indianapolis.
  • 1987: Colts win their first AFC East title.
  • 1995: Colts draft quarterback Peyton Manning, who becomes a franchise cornerstone.
  • 1999: Colts reach the AFC Championship game but lose to the Tennessee Titans.
  • 2006: Colts win Super Bowl XLI with Peyton Manning as MVP.
  • 2009: Colts reach Super Bowl XLIV but lose to the New Orleans Saints.
  • 2012: Andrew Luck is drafted as the new franchise quarterback.
  • 2014: Colts make it to the AFC Championship game but lose to the New England Patriots.
  • 2017: Chuck Pagano is let go as head coach, and Frank Reich is hired.
  • 2018: Colts return to the playoffs with a strong season under head coach Frank Reich.
  • 2020: Colts make the playoffs but fall short in the wild-card round.
  • 2021: Colts have a notable season but miss the playoffs after a late-season collapse.

Now that sportsbooks have a better understanding of Anthony Richardson, we can expect to see the betting lines shift more conservatively. However, this doesn’t mean there won’t be plenty of value to find in the Colts this year.

Based on the Colts projections for this year, we believe these betting trends have the potential to be successful:

  • Betting on the Under: Based on their projected defensive improvements and potential for low-scoring games, betting on the under in Colts’ matches could be a viable strategy.
  • Betting on Colts’ Division Rivals: If the Colts can maintain their dominance over their AFC South rivals, backing them in those matchups could be profitable.
  • Betting on Colts in Home Games: Given their home field advantage, the Colts might be favored to cover the spread or win outright in games played at Lucas Oil Stadium.
  • Betting on Colts as Underdogs: If the Colts are projected to be underdogs in certain matchups, their history of outperforming expectations could make them a value bet.

Despite some setbacks, the Colts’ 2023 campaign provided the fanbase with some hope about their future. Rookie quarterback Anthony Richardson performed better than expected, and the Colts defense surprised many across the league.

Based on their performance last season, these betting trends proved to be most successful:

  • Betting against the spread: The Colts consistently outperformed their ATS line, often covering the spread even when they faced favored opponents.
  • Betting on the under: The Colts’ defense showed significant improvement throughout the season, leading to lower-scoring games than projected.
  • In-Division Success: The Colts had a strong record against their AFC South rivals, making it a profitable strategy to bet against them.

Indianapolis Colts Schedule for 2024

Below is the schedule for the Indianapolis Colts this season:

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Indianapolis Colts Depth Chart

Below is a look at the Indianapolis Colts current depth chart:

https://www.espn.com/nfl/team/depth/_/name/ind

Players to Monitor When Betting on the Colts

The Colts have many key pieces of the puzzle that make their offensive unit strong. However, injuries have plagued the Colts the past few seasons, which has prevented them from reaching their full potential. With a fully healthy roster, the sky’s the limit for them.

If you’re betting on Colts games this year, we highly recommend closely monitoring these players throughout the season:

  • Anthony Richardson
  • Jonathan Taylor
  • Michael Pittman Jr
  • Kenny Moore II

Anthony Richardson, Quarterback

Anthony Richardson’s presence will undoubtedly be a significant factor for betting on the Indianapolis Colts in the 2024 season. As a dynamic and athletic quarterback with a high ceiling, Richardson has the potential to transform the Colts’ offense and influence game outcomes. His ability to extend plays with his legs, combined with his strong arm, can create explosive scoring opportunities.

However, Richardson’s inexperience and tendency to make turnovers may also present challenges. His development throughout the season will be crucial. If he can improve his decision-making and limit turnovers, the Colts could be a competitive team with a high-powered offense. Conversely, if Richardson struggles with consistency, it could lead to unpredictable results and affect the team’s betting prospects. 

Ultimately, Richardson’s performance will be a key factor to consider when betting on the Colts in 2024.

Jonathan Taylor, Running Back

Jonathan Taylor, a proven star running back, will continue to be a major factor for betting on the Indianapolis Colts in the 2024 season. His combination of power, speed, and vision makes him a reliable and explosive playmaker. Taylor’s ability to consistently gain yards and find the end zone can provide a solid foundation for the Colts’ offense.

However, Taylor’s health could introduce uncertainty. If he remains healthy, his presence will significantly enhance their rushing attack and provide a reliable option for the offense. On the other hand, if Taylor is injured, it could impact the Colts’ offensive strategy and potentially weaken their overall betting prospects. 

Michael Pittman Jr., Wide Receiver

Michael Pittman Jr. is poised to be a significant factor in the Indianapolis Colts’ betting prospects for the 2024 season. As a reliable and versatile wide receiver, Pittman offers a consistent target for the Colts’ quarterbacks. His ability to make contested catches, stretch the field, and contribute as a blocker makes him a valuable asset to the offense.

Pittman’s performance will be closely tied to the effectiveness of the Colts’ passing game and the development of their quarterbacks. If the Colts can establish a strong aerial attack, Pittman’s production could be a major factor in their success. However, if the passing game struggles, it could limit Pittman’s opportunities and impact his betting value. 

Kenny Moore II, Cornerback

Kenny Moore II is a versatile and impactful defensive back who can significantly influence games. His ability to play both slot cornerback and safety gives him the flexibility to match up against various opponents. Moore’s playmaking skills, including his ability to create turnovers, can be a game-changer.

If Moore can maintain his high level of play and continue to be a disruptive force in the secondary, it could significantly improve the Colts’ defensive performance. A strong defensive unit can limit opposing offenses and increase the chances of a Colts victory, making them a more attractive betting option.

Keep Up with the Latest On the Indianapolis Colts

Catch up on our blog section to find the latest news and updates for the Indianapolis Colts: 

Win A Bundle on the Colts this Season

The Colts face an uphill battle in a division that is loaded with strong rivals such as the Houston Texans and Jacksonville Jaguars. However, they pose interesting value as an underdog in a division that is anything but decided. If Anthony Richardson can take another big step forward this year, expect the Colts to make smart bettors a bundle.

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