Baltimore Ravens Odds

Baltimore Ravens Odds & Betting Guide: 2026 Season

Where the Ravens stand

Baltimore finished 8-9 and missed the playoffs, and the season turned on a 1-5 start it never recovered from. The Ravens still controlled the division on the final weekend. They lost 26-24 at Pittsburgh in Week 18 after missing a 44-yard field goal, and the AFC North went with it.

Ownership dismissed John Harbaugh on January 6 after 18 seasons, a 193-124 record and a Super Bowl. Harbaugh took the Giants job. Baltimore hired Jesse Minter, the Chargers defensive coordinator, as the fourth head coach in franchise history. Minter worked in Baltimore from 2017 through 2020, so he is not learning the building, but this is his first head coaching job at any professional level.

Lamar Jackson is the other question. He missed four games, went 6-7 as a starter, and did not look like himself when he played. He averaged 196.1 passing yards and 26.8 rushing yards per game, roughly half his rushing output from the prior season, and ranked 14th among quarterbacks in adjusted EPA per play and 13th in completion percentage over expected. Injuries hit the whole roster, not just him.

The offseason cut both ways. Baltimore backed out of a Maxx Crosby trade over a failed physical, then acquired Trey Hendrickson, who produced 35 sacks across the previous two seasons. Hendrickson pairs with Roquan Smith on a defense that ranked 31st in sacks per pass attempt. The losses were real: All-Pro center Tyler Linderbaum signed with Las Vegas and reset the market at his position, two tight ends and a Pro Bowl fullback left, and two of them followed Harbaugh to New York. Ethan Pocic replaces Linderbaum. Derrick Henry turns 32 this season.

AFC North context

The Ravens are division favorites at roughly -110, and they carry the highest win total in the AFC North by a clear margin over Cincinnati, Pittsburgh and Cleveland. The schedule closes with four consecutive division games: at Pittsburgh in Week 15, home against Cleveland in Week 16, at Cincinnati in Week 17, and home against Pittsburgh again in Week 18. Two of those four are still flex games without assigned windows.

That finish is unusual enough to shape how you bet this team in November. Compare pricing on the Cincinnati Bengals, Cleveland Browns and Pittsburgh Steelers pages, because the last month of Baltimore's season is entirely their business. The Hendrickson trade adds an edge to the Cincinnati games, including a Thursday night meeting in Week 17.

Ravens 2026 win total

Books post Baltimore at 11.5, the highest number in the league. BetMGM prices the over at +120 and the under at -145. Some books hold at 10.5 with different juice, so the true market number sits close to 11.

Those two prices are worth converting. The over at +120 implies 45.5%. The under at -145 implies 59.2%. They sum to 104.7%, which is the book's margin built into a market that otherwise looks like a coin flip. The under carries the majority of the implied probability, so the number is high but the pricing already leans toward Baltimore falling short.

The bull case is schedule and health. By 2025 defensive ratings, Baltimore projects to face the league's 29th-hardest set of opposing offenses after facing the 18th-hardest last year, with only two games against top-10 units. Everything that could break did break in 2025.

The Ravens angle: Baltimore went 8-1 when allowing 24 or fewer points and 0-8 when it allowed more. That is an almost perfectly bimodal season, and it means the win total is really a bet on the defense rather than on Jackson. The unit had finished top nine in scoring in eight of the previous nine seasons before surrendering 37 or more points in four of its first five games. Check the live odds board for the current number, because the difference between 10.5 and 11.5 matters enormously at this price.

Ravens 2026 futures odds

Baltimore sits at +1000 to win Super Bowl LXI at Fanatics, second-shortest in the league alongside Buffalo, with a range of roughly +1000 to +1300 across the market. The AFC price runs +475 to +500, the AFC North sits at -110, and the playoff market prices them at -375 to make it. Books also list Baltimore at +750 for best record in the NFL.

A team that won eight games and fired its coach now carries the second-shortest championship price on the board. That gap between last season's result and this season's pricing is the single most interesting thing about Baltimore's futures market. The full futures board shows how the rest of the league lines up.

Betting Ravens point spreads

Baltimore went 6-11 against the number in 2025 and 2-7 at home, which is a striking split for a team that spent most of the year favored. The market priced the Ravens on reputation and they did not pay it off.

That history matters more than usual this season, because the win total and futures both price Baltimore as a contender again. If books lay the same premium and the defense repeats, the covers will not come. Our projection models post a number for every Ravens game, and the ATS standings track the league against closing lines.

Betting Ravens totals

Books set a total for the combined points both teams score, then let bettors take a side.

Say books post Baltimore and Cleveland at 43.5. The over cashes if the two teams combine for 44 or more. The under cashes at 43 or fewer. A half-point total cannot push. When books post a whole number, a game landing exactly on it pushes and both sides get their stake back. Our guide to betting totals covers the rest.

Why Ravens totals move: Baltimore went over the total 11 times in 17 games last season, which fits a team that could not get stops. The schedule then stacks the cold weather. M&T Bank Stadium is open air, and four of Baltimore's final five games fall in the second half of December or later: Tampa Bay at home on December 13, at Pittsburgh on December 20, Cleveland at home on December 27, and at Cincinnati on New Year's Eve. Three of those four are AFC North games in northern outdoor stadiums, which is the classic setup for totals to drift down. Our expert picks cover totals weekly.

Betting the Ravens moneyline

The moneyline asks one question: who wins. Points do not matter.

• Ravens -240
• Opponent +195

Minus marks the favorite, plus the underdog. At -240 you risk $240 to win $100. At +195 you risk $100 to win $195.

Converting to implied probability makes the pricing clearer. The -240 favorite implies 70.6%. The +195 underdog implies 33.9%. Those sum to 104.5%, not 100%. The extra 4.5 points are the book's margin, and the book collects it whichever side wins.

Baltimore will be a short price in most games this season, and a short price is not automatically bad value. Value is the gap between real probability and priced probability. If the Ravens win a given matchup 76% of the time, -240 is worth taking even though the payout looks thin. The size of the number tells you nothing on its own. New accounts can compare pricing across books with a Fanatics Sportsbook promo code or a BetRivers bonus code.

Ravens player props

A player prop prices one player's production in one game.

• Derrick Henry rushing yards: 74.5 (over -115, under -105)

The over needs 75 yards. The under needs 74 or fewer. Our guide to prop betting explains how these markets are built.

The Ravens angle: two schedule quirks distort this prop board. Baltimore plays Thursday night twice, at home against Jacksonville in Week 9 and at Cincinnati on New Year's Eve in Week 17, and both follow full Sunday games. Props posted on a short week get less market attention and move harder on late injury news. Jackson's rushing props are the ones to watch, since his 2025 volume fell to roughly half his prior output and books have to decide whether that was injury or decline. Our prop projections post a model number for each, and the full prop board covers every market.

Ravens public betting splits

Splits break ticket count out from money handled, and the gap is the useful part. If 70% of tickets sit on a Ravens cover but only 45% of the dollars do, the larger bets sit on the other side.

Baltimore is a brand team, which means it draws public tickets almost regardless of form. The 2-7 home ATS record last season is what that looks like when the market overprices a name. Watch the divergence closely in the four-game division finish, when public money concentrates on rivalry games. Our public betting data reports both numbers separately.