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With Luck Gone, Colts Reopen +7 Underdogs at Chargers for Week 1

NFL

Shock waves were sent throughout the sports betting community this past weekend as Indianapolis Colts quarterback Andrew Luck announced his retirement from the NFL.

Below is a look at the pre- and post-retirement betting numbers according to 5Dimes.

Before
Week 1: +3 at Los Angeles Chargers
Win Total: 9.5/10
Odds to Win AFC South: -125
Odds to Win Super Bowl: 12-1

After
Week 1: +7 at Los Angeles Chargers
Win Total: 7.5
Odds to Win AFC South: +470
Odds to Win Super Bowl: 60-1

The reigns, at least temporarily, have been passed to backup Jacoby Brissett who started 15 games for the Colts in 2017. Brissett threw for over 3,000 yards but failed to connect on 60 percent of his passes and finished with a mediocre 13-7 TD-to-INT ratio.

Brissett has a solid foundation around him. BettorIQ’s Eric Waz pointed out that the Colts are one of the more talented and better run organizations in the NFL.

What’s also intriguing is the fact that none of the AFC South’s remaining three teams can be classified as “elite” though all are currently lined at eight wins or higher. According to 5Dimes, the Colts are now +470 to win the division; the “worst” odds of any team.

As discussed on today’s BettorIQ Podcast, how Indianapolis and particularly Brissett fare in Week 1 will go a long ways in how oddsmakers and the betting markets price this team moving forward. An adjustment was obviously warranted, but the 4-point move vs. the Chargers somewhat suggests the drop-off from Luck to Brissett won’t be that severe.