2022 Indianapolis Colts Betting Odds, Picks & Predictions

2022 INDIANAPOLIS COLTS BETTING ODDS, PREDICTIONS, PREVIEW

Indianapolis finished second in the AFC South with a record of 9-8 last year, which fell half-a-game short of Pittsburgh for the final Wild Card spot (9-7-1), as the Colts simply needed a victory over the last-placed Jaguars in Week 18 to clinch a playoff berth; however, Carson Wentz led Indy’s offense to just 11 points on 233 total yards with their season on the line (L, 26-11).

The Colts’ offense will have a brand new look in 2022 though, as Indianapolis shipped Wentz to Washington this past offseason, and brought in long-time Falcons QB Matt Ryan to take over quarterback duties; which doesn’t seem like a massive upgrade at face value, but he’s a much better fit for Indy’s run-heavy scheme.

The Colts’ ground game was phenomenal last season, and their defense was solid, as Indy’s offense ranked 2nd in both rushing yardage and yards per rush attempt (149 YPG, 5.1 YPC), and defensively, ranked 11th in scoring and 17th in total yardage (21.5 PPG); however, Wentz was far too careless with the ball at times, which ultimately led to their demise, and while Ryan’s not quite as dynamic as Wentz at the age of 37, he should still be capable of providing the Colts with some much needed ball security and offensive stability.

Best Bet: Colts Under 9.5 Wins (+115)

Updated on 04/26/2024
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2022 INDIANAPOLIS COLTS SCHEDULE

  • Week 1 - at Houston (CBS, 1:00 p.m.)
  • Week 2 - at Jacksonville (CBS, 1:00 p.m.)
  • Week 3 - vs. Kansas City (CBS, 1:00 p.m.)
  • Week 4 - vs. Tennessee (FOX, 1:00 p.m.)
  • Week 5 - at Denver (Prime Video, 8:15 p.m.)
  • Week 6 - vs. Jacksonville (CBS, 1:00 p.m.)
  • Week 7 - at Tennessee (CBS, 1:00 p.m.)
  • Week 8 - vs. Washington (FOX, 4:25 p.m.)
  • Week 9 - at New England (CBS, 1:00 p.m.)
  • Week 10 - at Las Vegas (CBS, 4:05 p.m.)
  • Week 11 - vs. Philadelphia (CBS, 1:00 p.m.)
  • Week 12 - vs. Pittsburgh (ESPN, 8:15 p.m.)
  • Week 13 - at Dallas (NBC, 8:20 p.m.)
  • Week 14 - BYE
  • Week 15 - at Minnesota (TBD)
  • Week 16 - vs. L.A. Chargers (ESPN, 8:15 p.m.)
  • Week 17 - at N.Y. Giants (CBS, 1:00 p.m.)
  • Week 18 - vs. Houston (TBD)
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WIN TOTAL ODDS

  • Over 9.5 (-145)
  • Under 9.5 (+115)

The Colts’ win total is stationed at OU 9.5 with a surprisingly heavy lean towards the over at -145, and while they still won nine games last year despite losing a handful of winnable matchups to the Jaguars, Raiders, and Seahawks; I would pin Indy as a favorite in roughly nine contests ahead of this season, with tough matchups against the Chiefs, Broncos, Patriots, Cowboys, Chargers, Eagles, and Titans (2) crowding this year’s docket, so I’ll roll with the under here at plus value.

INDIANAPOLIS COLTS ODDS TO WIN AFC SOUTH

-105

The Colts are listed as -105 favorites to win the AFC South, which narrowly paces Tennessee at +135, before hitting a steep drop off to the bottom dwelling Jaguars (+700) and Texans (+2500); and while I still expect a slightly better turnout from Indy this season, I’m not interested in backing them to win the division at minus value over a Titans squad that won the division at 12-5 last year despite All-Pro RB Derrick Henry missing over half the season.

INDIANAPOLIS COLTS ODDS TO WIN AFC CHAMPIONSHIP

+1400

The Colts are listed at +1400 to win the AFC, which positions them in a packed middle-tier cluster containing the Ravens (+1100), Bengals (+1100), Browns (+1200), and Titans (+1600); and while Indy has been sandwiched right in the middle of this bunch, I still believe they should be lower on the totem pole alongside squads like the Raiders (+1800) and Patriots (+1800).

INDIANAPOLIS COLTS ODDS TO WIN SUPER BOWL 57

+2500

Indianapolis is listed at +2500 to win this year’s Super Bowl, which is on par with middle-tier squads like the Cardinals (+2500), Browns (+2500), and Eagles (+2800); and while personally, I won’t be taking a flier on any of these teams to win the title, a Colts’ Super Bowl is still well within the realm of possibility, and there’s nothing wrong with sprinkling some change on a few longshots.

INDIANAPOLIS COLTS 2022 MVP CONTENDERS & ODDS

Jonathan Taylor (RB) +4000

Matt Ryan (QB) +8000

Michael Pittman (WR) +15000

Ryan is listed at +8000 to win MVP in his first campaign with Indianapolis, however, his RB Jonathan Taylor sits well ahead of him on the odds list at +4000; and while Taylor finished second in last year’s OPOY voting with 2,171 total yards and 18 TD’s. Ryan’s probably still the better long shot option here given only three RB’s have won the award since 2001 (Alexander, Tomlinson, Peterson).

INDIANAPOLIS COLTS TO MAKE PLAYOFFS ODDS

Make Playoff?: Yes (-160) | No (+130)

Indianapolis was so close to making the playoffs last year, as the Colts drew a “win-and-in” matchup against the Jaguars in Week 18, yet ultimately choked away that opportunity by posting a double-digit loss with the season on the line; and while Indy’s ceiling remains relatively low with Ryan under center now opposed to Wentz, the Colts should be far more disciplined with the veteran at the helm, so we'll probably see a similar playoff push, but personally, I won’t be backing them to get there.

2021 INDIANAPOLIS COLTS BETTING RESULTS

  • SU: 9-8
  • ATS: 10-7
  • O/U: 8-9
  • ATS-Home: 4-5
  • ATS-Road: 6-2
  • ATS-Favorite: 4-4
  • ATS-Underdog: 6-3

Where to place a bet this NFL Season?

  • Use our exclusive BetMGM Bonus Code VIBONUS1500 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 North Carolina Sportsbooks just before they launch legal online sports betting.