NFL Week 4 Line Report: Odds, Picks & Predictions (2023)
Welcome back to my Week 4 NFL Line Report at BettingPros, featuring my custom cost-per-point betting analysis. If you're unfamiliar with the concept, I encourage you to check out my Week 1 introduction. Long story short, NFL prices aren't standardized, so not all points are priced equally. I'm going to run valuations on the DraftKings betting board each week and chart prices to identify which scenarios are advantageous to bet the ML versus ATS (and vice-versa).
Overnight Line Moves And Notes Since the Open
DET moved from (-1) to (-1.5) at GB
For the first time in as long I can remember, the Lions are favored at Lambeau. However, Iâm a little surprised that we moved off the single point open with injury news trending in the right direction for Green Bay. Both Aaron Jones and Christian Watson are on track to play after logging limited practices.
MIA moved from (+2.5) to (+3) at BUF
Imagine outscoring an opponent by 50 in a regular season NFL game and winding up as an underdog 72 hours later. The line movement feels like a statement on the Billsâ defense after a dominant performance, but the Jets, Raiders, and Commanders arenât in the same stratosphere in regard to explosivity as the Dolphins. Iâm not projecting another 70-point blowup from Miami, but thereâs no way Iâm betting against a healthy battery of Tua Tagovailoa and Tyreek Hill right now.
LAR moved from (+1.5) to (+1) at IND
This particular line has swung back and forth more than once as the market tries to figure out what to expect going forward from both teams. The Rams looked human for the first time on offense, and bettors are putting chips down on positive regression for Matt Stafford. Well, that or theyâre assuming Colt rookie QB Anthony Richardson wonât be able to suit up. Richardson is currently still in concussion protocol but practiced in full on Wednesday.
TB moved from (+3.5) to (+3) at NO
Tampa Bay buckled at the first sign of true defensive competition last week, but that wasnât enough to stop the flow of money coming in against the Saints. I think top-down New Orleans is the more well-rounded team, but now having to turn to backup Jameis Winston makes them entirely too unpredictable to back.
LV moved from (+6) to (+5) at LAC
If youâve been following this weekly piece (thanks!), you know Iâm fully transparent and unabashed about admitting uncertainty. Ask me why Las Vegas is getting love from sharps, and prepare to see a grown man staring blankly back at you, mouth hanging open. The Raiders are T-31st in defensive EPA/Play against a Chargers team with a compelling case to be a top-three NFL offense. LEAN: I like LAC by a touchdown, so thereâs no need to rush a move if youâre unafraid to buck CLV. Iâm going to monitor the price and trail it to see if it continues to fall before placing my bet.
NE moved from (+7) to (+6.5) at DAL
Funny the difference a week makes. The Patriots caused panic throughout the Northeast, starting off with two straight losses before beating up the hapless Jets. Meanwhile, the Cowboys lost a Pro Bowl defender to injury right before their game with winless Arizona and eventually choked away a shocker. My gut says the Patriots arenât as good as they looked against the Jets, and the Cowboys arenât nearly as bad as they looked versus the Cardinals. Iâm still on the fence but will be watching closely; a move to (+6) or beyond could trigger action from me.
NFL Week 4 Cost Analysis-Based Expected Line Moves
ARI should move to (+14.5) from (+14) at SF
It can be difficult to push an NFL spread beyond two touchdowns, but at +$60 per point, somethingâs got to give. For reference, anything above $40 is an objective outlier relative to the field, so $60 borders on ridiculous. (For those of you keeping score at home, the (-950) juice on the 49ersâ money line carries an implied probability of 90.5%). The price itself dissuades bettors from placing action, even for recreational bettors that parlay, so this could easily collapse. The Cardinals have played opponents tough, but itâs safe to say theyâve gotten a lot from a little. I donât usually lay two TDs, but this would be one of the spots worth considering.
DET should move to (-1) from (-1.5) at GB
I donât have a strong lean on the game itself, with the Packersâ determinative playersâ status still up in the air. That said, I do think weâre heading back to a single-point spread. At $2 per point, itâs tough to see any fish biting ATS, so if you happen to like GB, grab them now at (+1.5).
NFL Week 4 Favorites with Value on the Moneyline versus ATS
- BUF (-148) vs MIA
- NYG (-115) vs SEA
- IND (-118) vs LAR
- DET (-108) at GB
- CIN (-112) at TEN
NFL Week 4 Underdogs with Value ATS vs. On the Moneyline
- MIA (+3) at BUF
- SEA (+1) at NYG
- LAR (+1) at IND
- GB (+1.5) vs DET
- TEN (+2.5) vs CIN
These two types of determinations are mostly made around EV, but that doesnât make them any less important. If youâre expecting to cover a game capped by the Vegas books to be within a few points, take the hint on variance, and donât be greedy. After yet another nail-biter in Week 3, just over 11% of all games played this NFL season have been decided by a single point. If youâre betting the favorite, donât pay a premium to cover. Conversely, with underdogs (even those you think can win outright), always do the cost analysis to ensure value. Especially in the case of Tennesee, where the points are being offered at an absurd $1.60 each, itâs silly not to accept a deal that sweet.
Week 4 BET: KC (-9.5) at NYJ to win 1 unit. Record YTD (2-0, +2.0u)
No surprises here whatsoever, except that maybe this one opened in the single digits. The Chiefs are obviously an order of magnitude better than the Jets on offense, but itâs the defense making the difference for me. With Chris Jones back and playing like a man on a mission, the Chiefs are inside my top five defensive units right now. Frankly, Iâd be shocked to see NYJ in the endzone once on Sunday. KC just hung 41 on the Bears, and while the vaunted Jets defense wonât give up 40, I think just half of that will make for an easy cover.
Make sure to check out our other best bets for Thursday:
- Top 4 Picks for NFL Thursday Night Football: Lions vs. Packers (Week 4)
- NFL Thursday Night Football Anytime Touchdown Scorer Picks: Packers vs. Lions (Week 4)
- MLB Best Bet Odds, Picks & Predictions
- MLB Player Prop Bet Odds, Picks & Predictions
- College Football Week 5 Picks & Predictions: Bogman's Best Bets
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