It's hard to not have optimism looking at the 2024 Baltimore Ravens season preview and odds after what John Harbaugh's team put together last season.
The Ravens rattled off a 13-4 record and were arguably the best team in the regular season before falling short in the AFC Championship game to the Chiefs. But, can they repeat that success this season and maybe take the next step?
Here's my complete preview of the Ravens' 2024 chances and all major NFL odds markets:
2024 Baltimore Ravens Super Bowl & AFC Odds
| Super Bowl Odds | AFC Championship Odds | AFC North Odds |
|---|---|---|
| +1000 | +550 | +145 |
Odds as of August 7
After an amazing 2023, the Ravens opened the offseason at +850 (3rd) to win the Super Bowl this year. They've stayed pretty consistent in that market, dropping slightly after the summer losses of OL Kevin Zietler, LB Patrick Queen, and others.
The big key for Baltimore this year is the offensive line. The Ravens ask a lot of their OL given the run-first offense and elaborate pull schemes. So, losing Zeitler, OG John Simpson, and OT Morgan Moses will be tough. I have high expectations for second-year guard Andrew Vorhees, but it's still a lot to ask of young lineman like him.
NT Michael Pierce was asked about the competition for the three open offensive line spots. He quickly named one guy in particular ...
— Sarah Ellison (@sgellison) July 27, 2024
"[Andrew] Vorhees is going to be really good."
📷: Ravens pic.twitter.com/FejAASbmF2
The Ravens are probably a near-lock to make the playoffs either way, but suspect offensive line play could hold them back from winning the AFC North with strong contenders like the Bengals lurking. Even the Steelers and Browns are no joke (okay maybe the Browns are kind of a joke, but they're still decent).
Beyond the Chiefs, the Ravens have as good of a shot at winning the AFC Championship or Super Bowl as basically any team in the league, and these odds reflect that.
2024 Baltimore Ravens Win Total Odds
| 2024 Win Total | OVER | UNDER | 2023 Record SU | 2023 Record ATS | 2023 O/U Record |
|---|---|---|---|---|---|
| 10.5 | -122 | +100 | 13-4 | 12-7 | 11-6 |
Odds as of August 1
I think this win total is pretty fair for Baltimore, as they're likely an 11-win team on paper.
The Ravens have the fourth-hardest schedule in football this year, which likely drags down this win total. But, if the offensive line holds up, the Ravens have the talent to win 12 or even 13 games like they did last year.
If you want to bet Baltimore game-to-game, keep an eye on the road contests. The Ravens really made their betting bread on the road last year, rocking a 5-2 ATS record away from home. They were 7-3 ATS on the road in 2022, as well.
2024 Baltimore Ravens Playoff Odds
| To Make Playoffs | To Miss Playoffs |
|---|---|
| -250 | +194 |
Odds as of August 7
I honestly love these -250 odds for Baltimore to make the playoffs. Obviously every team is susceptible to a few key injuries that derail a season, but barring that I don't see a way the Ravens don't get to the dance.
With reigning-MVP Lamar Jackson at QB and a deep and threatening defense, the Ravens' floor is probably nine wins. Even that could get them to the playoffs.
2024 Baltimore Ravens NFL MVP Odds
| Player | Odds |
|---|---|
| Lamar Jackson | +1500 |
| Derrick Henry | +30000 |
Odds as of August 7
Lamar Jackson won his second MVP in 2023, but it's going to be hard for him to go back-to-back. I already broke down above how Baltimore's offensive line is likely to take a step back this season, but there is more to my doubts of Jackson repeating.
For starters, Baltimore's 13-win season last year earned the Ravens an extra-hard schedule this season. And, voters just don't give out consecutive MVPs often. Aaron Rodgers (2020 and 2021) is the only player to win it twice in a row since Peyton Manning in 2008 and 2009. They're the only two guys to do it in the last 30 years, too.
I'd stay away from Jackson's NFL MVP odds. But, if you're looking for a Baltimore awards pick I like Nate Wiggins (+3500) to win Defensive Rookie of the Year.
