Vegas betting on Chicago Bears to make playoffs

BUFFALO, NY - NOVEMBER 04: Jordan Howard #24 of the Chicago Bears is congratulated by Trey Burton #80 after scoring a touchdown in the second quarter during NFL game action against the Buffalo Bills at New Era Field on November 4, 2018 in Buffalo, New York. (Photo by Tom Szczerbowski/Getty Images)
BUFFALO, NY - NOVEMBER 04: Jordan Howard #24 of the Chicago Bears is congratulated by Trey Burton #80 after scoring a touchdown in the second quarter during NFL game action against the Buffalo Bills at New Era Field on November 4, 2018 in Buffalo, New York. (Photo by Tom Szczerbowski/Getty Images) /
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Las Vegas expects the Chicago Bears to make the playoffs.

The Chicago Bears sit at 5-3 and have a good chance to make the playoffs.

Bears’ fans don’t expect good things so most of them are still doubting the team is ready to make the jump to the postseason.

The one place that always seems to know better than anyone else, however, is Las Vegas, Nevada.

The bookmakers always seem to have their crystal ball and their odds are always strikingly accurate.

In some recent odds, posted by Bovada and confirmed at Las Vegas books, the “Odds to Make the Playoffs” future bet have been updated, and the numbers look good for Chicago.

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First, the New Orleans Saints and Los Angeles Rams are off the books. If you aren’t much of a gambler that means you cannot bet on either team to make the playoffs because Vegas feels they are too heavy of a favorite.

Second, on the opposite end, you can no longer bet on the Arizona Cardinals, New York Giants or San Francisco 49ers to make the playoffs for the exact opposite reason.

The rest of the NFC is open for bets, and here are some of the longer shots available:

Detroit Lions +1000
Tampa Bay Buccaneers +900
Dallas Cowboys +600
Green Bay Packers +300
Seattle Seahawks +185
Atlanta Falcons +175
Philadelphia Eagles +110

What do those bets mean? The + indicates that they are a long shot and those numbers are based on a $100 bet. So if you bet on the Seattle Seahawks at $100, you’ll win $185 ($285 total once your original wager is returned).

What are the odds on the rest of the NFC?

They are as follows:

Minnesota Vikings -140
Washington Redskins -165
Chicago Bears -230
Carolina Panthers -450

What do those odds mean? The – indicates that these teams are favorites. That means that’s what you have to bet to win $100. So in the Bears case, you would have to wager $230 just to win $100 on the Bears to make the playoffs. That is a very heavy favorite and a major risk if you were to go to Vegas and place a bet.

Of every team in the NFC, Vegas sees the Bears as the fourth most likely to make the playoffs and has them comfortably ahead of both Green Bay and Minnesota.

Vegas has officially bought into the Bears. They expect them to make the playoffs. Perhaps fans should stop assuming a doom and gloom outcome and start thinking positively.