Green Bay Packers Odds

Green Bay Packers Odds, Bet Types, and Team History

With offseason drama in the rearview mirror (for now), the Green Bay Packers can get back to being one of the NFL’s more dominant teams. Green Bay went 13-3 in 2020, winning the NFC North and securing home-field advantage in the playoffs. The Packers fell short of the Super Bowl, losing to Tampa Bay in the NFC Championship Game.

But that’s the beauty of having Aaron Rodgers on your team. There’s always another chance. Rodgers comes into 2021 as the reigning MVP after throwing for 4,299 yards and 48 touchdowns against just five interceptions. Did we mention he turned 36 last year?

Rodgers is a star and the bottom line is he’s got stars around him too in what was the league’s best offense in 2020. Running back Aaron Jones had another strong season with 1,104 rushing yards and 11 total touchdowns. Wide receiver Davante Adams was one of the league’s top wideouts with 115 receptions for 1,374 and an NFL-best 18 receiving touchdowns.

Green Bay’s defense was also in the top half of the league in yards and points allowed. Cornerback Jaire Alexander and defensive end Za’Darius Smith were both second-team All-Pro honorees in 2020. Smith led the Packers with 12.5 sacks and four forced fumbles. Alexander recorded a team-high 13 pass breakups as one of the league’s top shutdown corners.

The Packers open the 2021 NFL season at the New Orleans Saints.

Packers Offseason Movement 2021

Trades: Randall Cobb (WR, from Houston)

Draft picks: Eric Stokes (CB, Georgia), Josh Myers (C, Ohio State), Amari Rodgers (WR, Clemson), Kylin Hill (RB, Mississippi State)

Re-signings: Aaron Jones (RB, four years), Preston Smith (EDGE, four years), Chandon Sullivan (CB, tender), Robert Tonyan (TE, one year), Kevin King (CB, one year)

Free-agent signings: De’Vondre Campbell (LB, one year), Dennis Kelly (T, one year)

Free-agent losses: Corey Linsley (C, to Chargers), Christian Kirksey (LB, to Texans), Jamaal Williams (RB, to Detroit)

Packers Rivals

Green Bay won 13 games and the NFC North title for a second year in a row, reaching the NFC Championship Game in back-to-back seasons. The Packers went 5-1 against the North in 2020. Now, they’re looking for their first Super Bowl berth since 2010.

The Chicago Bears finished second at 8-8 and clinched a wild card berth. The Minnesota Vikings went 7-9 to finish third with their worst record since 2014. The Detroit Lions finished in last for the third straight year, going 5-11.

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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