NFL Odds Week 3: Colts vs Ravens Lines, Spreads, Betting Trends

Week 3 of the NFL season is underway, and it's the odds that are stealing the spotlight as the season unfolds in full force. Be on the lookout for a sneaky AFC matchup between the Colts and Ravens at M&T Bank Stadium in Baltimore on Sunday, September 24, at 1:00 p.m. ET, with CBS providing live coverage.

Here's everything you need to know about the NFL odds for Week 3 Colts vs. Ravens: the opening lines, spreads, betting trends and more. Check back regularly for updates.

Indianapolis Colts vs Baltimore Ravens Odds

• Opening point spread: Ravens -7.5
• Opening moneyline: Ravens -400/Colts +300
• Opening total: Over/Under 44.5 points scored
• Time: 1 p.m. ET Sunday (CBS)

UPDATE 10:30 A.M. ET SUNDAY: Baltimore is back down to -7.5 at BetMGM, from a -8.5 opener. It's two-way spread play with a lean toward Indy, at 56% of tickets/58% of money.

The total went from 44.5 to 43.5, then this morning nudged down to 43 at BetMGM. The Under is taking 61% of tickets and dollars.

UPDATE 3 P.M. ET FRIDAY: The Ravens opened -8.5 at BetMGM and fell to -7.5 on Monday and Wednesday. On Thursday, Baltimore returned to the -8.5 opener. The Ravens are currently -8.5 (-105), with spread tickets and money running pretty much dead even.

BetMGM opened the total at 44.5, went to 44 Monday, 44.5 Tuesday and 45 Wednesday. On Thursday, the number again fell back to 44, where it remains this afternoon. All that movement noted, the Over is getting 55% of bets/81% of money early on.

UPDATE 11:30 P.M. ET SUNDAY: Baltimore is out of the gate at 2-0 SU and ATS. In Week 2, the Ravens knocked off Cincinnati 27-24 getting 3 points on the highway.

Indianapolis (1-1 SU and ATS) had little trouble with Houston, winning 31-20 as a 1-point road pup.

Click here for Vegas Insider senior reporter Patrick Everson's full NFL Odds Week 3 Report containing spreads, lines, and trends for every NFL matchup.

Colts vs Ravens Pick, Prediction

Action Network NFL betting expert Brandon Anderson offers this prediction:

A potential tropical storm could hit the East Coast this weekend and bring several inches of rain and wind gusts of 40 MPH or greater. That typically means difficulty passing and compressed totals and could impact games in New England, Washington, and this one in Baltimore. Grab any under you want right now, and beware betting any big favorites. Points could be at a premium.

Colts rookie QB Anthony Richardson is still a question mark for Sunday in concussion protocol, so that could leave Gardner Minshew making a road start. Is that a downgrade or an upgrade?

Todd Monken's offense is coming together. Lamar Jackson is getting the ball out quickly, and the Ravens are stretching the field wide and attacking deep. Jackson has looked terrific, and this could be a breakout game against Indianapolis's young secondary if the weather doesn't derail things. The Colts allowed 241 yards to Trevor Lawrence and 384 to rookie C.J. Stroud.

It's time for this Monken offense to open up the throttle and let Jackson fly. If you're eyeing a Lamar MVP ticket, this could be your last chance to buy in at +1400.

Pick: Lamar Jackson Over 219.5 Passing Yards (-115)

For more NFL Week 3 picks, check out Action Network's NFL Week 3: How to Bet Every Game & Every Team.

The One Stat to Know About Colts vs Ravens

Action Network NFL researcher Evan Abrams offers his top betting stat:

Lamar Jackson is 17-4 ATS as a favorite of three points or less or an underdog. In all other spots, he's 18-26 ATS career. He’s 2-11 ATS as a favorite of three points or more since 2021, second-worst in the NFL ahead of just Patrick Mahomes

For more NFL Week 3 picks, check out Action Network's NFL Week 3 Betting Trends, Stats, Notes.

Where to place a bet this NFL Season?

• Use our exclusive BetMGM Bonus Code VIBONUS to unlock BetMGM’s welcome offer for new sportsbook users!
• Compare the latest NFL Odds from the best sportsbooks before placing a bet on this week's games.
• Check out the Kentucky Sportsbooks and their exciting pre-registration offers just before they launch legal online sports betting.