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Read on for our Broncos betting preview and futures picks.
New Denver Broncos Head Coach Sean Payton fields questions from the media during a press conference at UCHealth Training Center on Feb. 6. Matthew Stockman/Getty Images/AFP

Our Denver Broncos betting preview focuses on the markets to target with the team expected to improve significantly under the stewardship of new head coach Sean Payton. Here are our Broncos picks based on the latest NFL futures odds from the best NFL betting sites

Broncos Country, let's ride! For real this time.

The Broncos are coming off a nightmare 2022 season when they finished 5-12 after trading two first-round picks, two second-round picks, and multiple players for veteran quarterback Russell Wilson. Oh, they also signed him to a four-year, $242.5-million contract prior to that losing campaign.

Is Wilson washed? Can former New Orleans Saints head coach Sean Payton salvage what's left of the nine-time Pro Bowler and former Super Bowl champion?

Check out our 2023 Denver Broncos betting preview based on the odds from our best best live betting sites (pick confidence based on a 1-to-5-star scale). 

Broncos betting preview 2023

Broncos to win Under 8.5 games (-110 via DraftKings, bet365) ⭐⭐⭐

OutcomeDraftKingsFanDuelBetMGMCaesarsbet365
Over-110-106-105-105-110
Under-110-114-115-115-110

Consider it a knee-jerk reaction if you wish, but I don't know how anyone can watch what the Broncos put together in their preseason opener against the Arizona Cardinals and come away believing they'll win at least nine games. 

The same issues that plagued the five-win team in 2022 appeared in their first action of 2023.

The lines are starting to move towards the Under, but value is still available at Caesars.

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Broncos division finishing position: 3rd (+190 via DraftKings) ⭐⭐⭐

MarketDraftKingsFanDuelBetMGMCaesarsbet365
To win Super Bowl+4500+4500+4500+4000+4000
To win AFC+3000+3000+2800+2500+2500
To win AFC West+600+600+650🔥+500+550

The Broncos are long shots to compete for a Super Bowl and in the AFC, and they're now +500 to +600 to win their division.

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There remains a talent gap between them and the rival Kansas City Chiefs and Los Angeles Chargers, so we have no problem projecting Denver to finish third in the AFC West. We can still take home a healthy profit with a wager on that finishing position, as it carries +190 odds through DraftKings' division specials menu.

Sean Payton to win Coach of the Year (+1400 via FanDuel) ⭐⭐

This bet runs contrary to our win total pick, but Payton is the second favorite at most of our best sports betting sites. He has the ingredients to follow the recipe that's helped others capture the Coach of the Year award.

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As Sportsbook Review's James Bisson noted, six of the last 12 winners were in their first year with the team, and 10 of the past 12 joined clubs that had posted sub-.500 records the prior season.

The Coach of the Year winner has averaged a turnaround of 5.7 victories from 2011 to 2022. But perhaps the most important factor is making the playoffs. Five of the last seven winners made the postseason after the team failed to do so the year before.

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Check out our coaching changes bettors can attack in 2023.

Jerry Jeudy to win Offensive Player of the Year (+12500 via bet365) ⭐

Broncos receiver Jerry Jeudy is a popular pick to produce a breakout season, but the price on this grew substantially after his preseason injury. Still, Jeudy and many of the team's skill-position players stand to benefit with the team expected to improve. 

Jeudy has yet to live up to his status as the 15th overall pick in the 2020 draft. But he's entering a second season with Wilson, and his route-running prowess should be a focus of Payton's offense.

The 24-year-old finished just shy of 1,000 yards in 2022. He appeared to hit his stride at the end of the season while going over 100 yards in two of the last three contests.

Broncos Over 381.5 regular-season team points (-110 via DraftKings) ⭐⭐⭐

Payton's teams scored fewer than 381 points in a season just twice over his 15 campaigns in New Orleans - his second year with the team and his last. That's not to say the 2023 Broncos will be the Saints of the 2000s and 2010s.

But an improvement of fewer than 100 points after being the league's lowest-scoring team last season should be the expectation for Denver.

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