All of the pressure will be on Sean Payton as his handpicked signal-caller, Bo Nix, steps in as the starting quarterback of the Denver Broncos in 2024. The Broncos were a mess both on and off the field last season, and some semblance of improvement will be the goal entering the new NFL campaign. A fresh start is in front of them, but the other teams in the AFC West have arguably improved much more this off-season.
In Odds Shark's Denver Broncos season long betting preview, I'll analyze all the odds and my best bets as the Broncos enter the Bo Nix era.
2024 Denver Broncos Super Bowl & AFC Odds
| Super Bowl Odds | AFC Championship Odds | AFC West Odds |
|---|---|---|
| +25000 | +7500 | +2000 |
Odds as of September 1
Denver enters the 2024 with the second lowest Super Bowl odds in the league. They also have the second lowest odds to win the AFC, both next to the New England Patriots.
Can Bo Nix begin his NFL career with a bang? The former Auburn and Oregon star will have to face the reality that he has far less talent at this disposal than he did in college. Other than Garrett Bolles and Mike McGlinchey the Broncos offensive line is filled with unproven players. Denver traded away former first-round pick Jerry Jeudy, and Adam Trautman remains their starting tight end.
While the future could be bright, there's not a whole lot to get excited about at Mile High this season. Russell Wilson has his warts, but he's been successful as a starting quarterback in the NFL. Last year was a mess, but 2024 seems more like a rebuilding year in Colorado. With the back-to-back Super Bowl champion Kansas City Chiefs dominating the AFC West, I'll pass on all of these Broncos season-long markets.
2024 Denver Broncos Win Total Odds
| 2024 Win Total | OVER | UNDER | 2023 Record SU | 2023 Record ATS | 2023 O/U Record |
|---|---|---|---|---|---|
| 5.5 | -142 | +116 | 8-9 | 6-10-1 | 8-9 |
Odds as of September 1
Denver's win total is ambitious for a squad that, on paper at least, looks to be one of the NFL's worst.
It's not as if Nix has been sitting patiently and learning in an NFL scheme. He's got a long road to transition from the spread he ran at Oregon to Payton's pro offense.
On defense, the Broncos gave up 413 points last season, and could give up even more in 2024. Pat Surtain II is an elite player, while Zach Allen, Baron Browning and Ja'Quan McMillian have shown promise. But past that, Denver's defense leaves a lot to be desired. Considering the fact they gave up over 370 yards of total offense and allowed opponents to convert on over 33% of first downs last year, and failed to add an impactful defensive player this off-season before betting their OVER 5.5 wins.
I'm all over the UNDER 5.5 wins at +116.
2024 Denver Broncos Playoff Odds
| To Make Playoffs | To Miss Playoffs |
|---|---|
| +540 | -850 |
Odds as of September 1
As their playoff odds attest, betting on the Broncos to make the playoffs in 2024 is a fools' errand. The AFC is absolutely loaded. And while there are sure to be teams' who surprise this season, Denver is highly unlikely to be one of those squads. Remember, the Broncos were a dumpster fire last season, and while they should see a modicum of improvement in 2024, betting on them to become an overnight success story isn't recommended.
There's no value in betting on the Denver Broncos playoff market. Stay away.
2024 Denver Broncos NFL Offensive Rookie of the Year Odds
| Player | Odds |
|---|---|
| Bo Nix | +1100 |
Odds as of September 1
At +1100 odds, I'm not a believer in Bo Nix to win the 2024 NFL Offensive Rookie of the Year. Nix would have to outperform the likes of Caleb Williams and Jayden Daniels, while leading his team to great heights this season to win the award. On top of that, rookie wide receivers Marvin Harrison Jr. (+650), and Malik Nabers (+1500) project to have impactful campaigns.
