Green Bay Packers Odds

Green Bay Packers Odds, Bet Types, and Team History

After yet another 13-win season under head coach Matt LaFleur, the Packers had an eventful offseason.

Aaron Rodgers' contract situation was sorted, and he appears set to end his career in Green Bay. After that, though, the team lost star receiver Davante Adams, who opted to request a trade to the Raiders instead of re-signing with the Packers. It appears the likes of rookies Romeo Doubs and Christian Watson, as well as the returning Allen Lazard, will bear the burden of replacing Adams.

Green Bay had two first-round picks and used both on defensive players. The Packers also will have cornerback Jaire Alexander available this season after he missed most of last year with a shoulder injury.

The loss of Adams hasn't affected the Packers' futures odds too much. Green Bay is still among the top Super Bowl favorites and is expected to continue its reign atop the NFC North.

Packers Rivals

Green Bay won 13 games and the NFC North title for a third year in a row, although this season ended short of a third straight NFC Championship Game appearance.

This season, the Minnesota Vikings will be the Packers' biggest competition in the division. The Chicago Bears and Detroit Lions are both likely still rebuilding and at least one year away from contending for the NFC North.

Betting on the Green Bay Packers

Green Bay Packers Point Spreads

Betting point spreads are wagers based on the expectation that a team will win or lose by a certain number of points. The Packers went 13-3 overall but only 10-6 against the spread, though that is still a fine record. Green Bay’s 13 wins came at a margin of 13.6 points while its three losses were by an average of 12.3 points. Here’s an example:

• Lions +2.5 (+110)
• Packers -2.5 (-110)

In this situation, the Lions are 2.5 point underdogs against the Packers. If Green Bay wins the game by three or more points, a $100 wager on the Packers would come with a payout of $90.91. If Detroit won the game outright or lost by two points or less, the same $100 wager would net $110 plus the original $100 for a total of $210.

FAQ: Everything you need to know about point spreads

Green Bay Packers Over/Unders aka Packers Totals

Over/under, also called point total, is a wager placed on the combined scoring of a single game. Bookmakers come up with a number and you can either bet the over or — you guessed it — the under. Here’s how it works:

Let's say the Vikings play the Packers and the over/under is set at 47 points. A wager on the over would require Minnesota and Green Bay to score 48 total points or more to win. Betting the under is an expectation that the two teams would score 46 or fewer points. It's also possible for the bet to push, which would happen if the game finished with exactly 47 points scored.

In 2020, Green Bay averaged 31.8 points per game (1st in NFL) and allowed 23.1 points (13th in NFL). The Packers were an above average team last year when it came to exceeding point totals, going 9-7 against the over.

FAQ: Betting the point total, explained | What is a push?

Green Bay Packers Moneylines

Green Bay was one of the best teams to pick last year when betting the moneyline. The Packers 13-3 record was second to only Kansas City. Green Bay had winning streaks of four and six games in 2020.

Check out this example:

• Packers -120
• Bears +210

The minus (-) and plus (+) signs distinguish the favorite from the underdog, making Green Bay the favorite in this scenario. Odds can be understood more clearly if you think in terms of $10 or $100 increments. A wager on the Packers odds would mean every $120 bet nets $100. And it's the opposite for underdogs: Here the Bears moneyline was set at +210, meaning a $100 wager would profit $210.

Moneylines are also commonly used when making parlays, which are multiple bets tied into one. Let’s say you bet the Packers moneyline and a -2.5 point spread, Green Bay would need to win by three points or more for that bet to be successful. The risk is greater, but so is the reward with increased odds. Use our Odds Calculator to calculate any bet amount or conversion.

FAQ: How to bet on the moneyline | How to make a parlay

Green Bay Packers Props

Player props are wagers on a single player, and they're tied to a single stat found in the box score for a game or even the whole season. These are among the most fun to bet on, especially if you're already playing fantasy football and like the player-specific focus it offers. Check out a hypothetical example below:

• Aaron Rodgers 2021 passing yards: 4,650.5

FAQ: How prop betting works

Packers Futures

Futures are somewhat similar to prop bets in the way that both are monitored over the course of a season. Except most future bets are focused on end of season success. Examples of futures are:

• Green Bay Packers odds to win the NFC North
• Green Bay Packers odds to win the NFC
• Green Bay Packers odds to win the Super Bowl
• Aaron Rodgers’ odds to win MVP

If you’re confident that the Packers will win the NFC North again or that Rodgers can repeat as MVP, this is the place to be. For a full list of NFL futures, click or tap here.

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