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August and early September are always interesting times for football fans. You’ll get a flurry of articles and predictions from the sports media, with many analysts busting a gut to make bold statements about what will happen throughout the season. 

Sometimes, they get it right, of course, whereas other times, they get it laughably wrong. 

Plenty of analysts know they can get it badly wrong, so it is always refreshing to see them revisit those predictions in January and February when the Playoffs take place and awards are handed out. 

As for sportsbooks, it’s a little different, as the odds will fluctuate throughout the preseason. Yet, we can always look back and see where they predicted teams to be based on the betting data. 

Of course, sportsbooks will use actuary and algorithms to make their predictions, not relying on gut feelings like some analysts, so it tends to be a more sober prognosis. 

In saying that, the odds can be badly wrong. As we march through the 2024/25 NFL Playoffs, we thought we would look back and see where the sportsbooks’ betting markets got it right – and wrong – before the season began.

Got It Right: Chiefs, Lions, Ravens, Bills & Eagles As Dominant Teams 

The Chiefs and Lions made the Playoffs with 15-2 records, the Bills and Josh Allen stormed through the regular season, whereas the Eagles always looked like the best under-the-radar team in the league. 

As for the Ravens, they huffed and puffed for a while, yet they finished the season strongly. Those five were in the top six of most sportsbooks’ betting markets to make the Playoffs, and they also led the Super Bowl odds with one other team (see below). 

In hindsight, it’s always easy to point out missteps when making football predictions, yet it is difficult to argue with the fact that this was the best quintet throughout the regular season. The sportsbooks were right in this case. 

Got It Wrong: 49ers, Jets, Cowboys & Bengals As Playoff Contenders 

Let’s start with the 49ers, who were nailed on with sportsbooks for a Playoff place and second-favorites with many for Super Bowl LIX. As 49ers fans will attest, it couldn’t have gone worse. 

The Jets and Cowboys were both teams with question marks over their seasons, so their odds fluctuated, nor were they in the elite category like the teams mentioned above. 

Nevertheless, they both were backed to do okay and had disappointing seasons. Finally, the Bengals were also odds-on to get to the Playoffs at least, but they delivered a low-key terrible season. 

Somewhere in the Middle: NFL MVP Candidates Betting 

Patrick Mahomes was the early favorite for the NFL regular season MVP award – that always felt like the safest of bets. Yet, Mahomes is nowhere to be seen in the MVP conversation right now; he’s even failed to make the Pro Bowl team. 

On the other hand, many sportsbooks have Josh Allen near the top of the betting markets, and it sure looks like the Bills quarterback will get the accolade. 

Lamar Jackson was also near the top of the betting markets, and he seems like the only man who can upset Allen. So, all in all, a hit-and-miss set of predictions from the major sportsbooks. 

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