Denver Broncos

Denver Broncos

The 2020 season was a tough one for the Denver Broncos, who posted their fourth consecutive losing season and failed to make the playoffs at 5-11. But against expectations, things weren't so bad: In fact, the Broncos actually covered the spread in nine of their 16 games, turning a profit for Denver bettors.

The Broncos will look to push ahead in 2021 behind their talented young receiving crew in Courtland Sutton, Jerry Jeudy, and KJ Hamler. See all of the Broncos odds above, as well as their full schedule, notable injuries, depth charts, against-the-spread (ATS) performance, and much more.

Denver Broncos Point Spreads

The Broncos were a good team to bet on in 2020, especially on the road, where they went 5-3 against-the-spread. That refers to spread bets, which are probably the most common bet type in the U.S. online betting market.

Spread bets are margin-of-victory wagers, and they were created decades and decades ago to make every game interesting. Even if the best team in the league is playing the worst, you can still find a good bet on the game, as the spread bet accounts for not which team will win outright -- but by how much.

Here’s a brief example of a spread for a Broncos game:

• Broncos -4.5 (-110)
• Raiders +4.5 (-110)

First, the way to read these odds is to take note of the plus and minus signs: Those indicate the underdog and favorite, respectively. In this situation, the Broncos are 4.5-point favorites over the Raiders, which means a Broncos spread bet would be a bet on Denver winning by five points or more. If the Raiders beat the Broncos or lost by four points or fewer, the Broncos spread bets would lose and the Raiders spread bets would win.

Broncos Over/Unders

Another popular bet type is an over/under, sometimes called a total. These are bets on the combined point output of both teams. It's important to note that with these bets, it doesn't matter who wins or loses -- just the sheer number of points scored.

For example, say the Broncos vs. Chargers game has a total set at 42 points. That 42 number is set by sportsbooks, and then as a bettor you can take either side of the total. If you think those teams will combine for 43 points or more, you would bet the over. If you think they'd combine for 41 or fewer, you would be the under. Note that on a whole number like 42, if the game lands on exactly the number -- say a 28-14 game -- then it's called a "push" and all bets are paid back to bettors.

Denver Broncos Moneylines

Moneylines are also very popular bets, and they're part of parlays, which you'll likely hear about as you read betting content and download sportsbook apps. Whereas a spread bet is a wager on the margin of victory, a moneyline bet is a wager simply on which team will win. Parlay bets are several moneyline bets grouped together for an increased payout.

The odds can be confusing for new bettors, but think of them in increments of $10 or $100 dollars. Say the Broncos moneyline is set by a sportsbook at -140: That means they're the favorites, and you'd have to wager $14 to win $10. In contrast, if the Broncos moneyline was at +140, that would mean they're underdogs and you'd get better payouts: You would profit $14 for every $10 you bet on Denver.

You can use our Odds Calculator to calculate any bet amount or conversion.

Denver Broncos Props

The young Broncos receiving trio of Jerry Jeudy, Courtland Sutton and KJ Hamler will likely be very popular picks in 2021 fantasy football drafts. If that's your thing but you want to dabble in sports betting, player props might be a good entry point. Prop bets are simply wagers on a statistical performance of a single player.

For example, some Broncos props could be Sutton to go over/under a set amount of receiving yards, Jeudy to catch a certain amount of passes, or Melvin Gordon to get into the end zone. Player props are often less efficient than spreads and totals, which means it's oftentimes easier to win bets.

Broncos Futures

If you don't mind tying up your money beyond an NFL Sunday, futures bets are also vast and available at any U.S. sportsbook. Those are bets on something that will be known at the end of the season, like the Super Bowl winner.

Some notable Broncos futures include the odds of Denver winning the AFC West, cornerback Patrick Surtain to win Defensive Rookie of the Year, the Broncos to make the playoffs, and much more.