Chicago Bears Betting Odds 2023
Here we’ll describe all the latest news, odds & insights regarding the NFL team the Chicago Bears.
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Chicago Bears Championship Odds
The Bears are looking at another tough season ahead. They finished with a record of 6-11 at the end of last season, finishing third in the NFC North. The goal is certainly to make the Playoffs, as the team are fully aware that making it to the Super Bowl is a dream.
Understanding how the Championship odds for the Chicago Bears work is crucial to finding success in the Bears’ odds. Before you even begin looking at wagering on the playoffs, be sure you fully understand the Bears playoff odds. Understanding the odds is a vital component of NFL betting in general. The concepts that apply to Chicago Bears’ odds are the same that will work for all other teams in the NBA, so be sure you follow this guide carefully.
These odds were last updated from top US sportsbooks on August 23, 2022:
|Chicago Bears Odds 2022/23|
|To win the Title||+12500||+12500||+12500|
|To Make the Playoffs||+450||+460||+450|
|Over 6.5 Regular Season wins||+160||+150||+150|
|2023 Super Bowl|
|Kansas City Chiefs||+110||+115|
Throughout this guide, we’ll give you full coverage of the Bears’ odds today, as well as their title odds for this season. As well as that, we’ll cover their history and provide you with some tips for wagering on this Illinois NFL team.
Chicago Bears Championship History
While the Chicago Bears aren’t one of the biggest teams in the NFL, they have found success at the Superbowl. They have only won one Super Bowl, which was back in 1985. Pre-1970 the Bears won 9 titles;
As well as that, the Chicago Bears have won a handful of Conference titles. They won the NFL Western in 1956 and 1963. Since the National Football Conference (NFC) formed, the Bears have won the competition twice in 1985 and 2006.
The game has evolved since the old days, with more money in the sport than ever before. This means that often history doesn’t play as a bigger part as you’d think. It’s possible that the Chicago Bears could clinch the Super Bowl in the coming years. Who knows?
The Bears odds to win the Super Bowl
The Bears haven’t been performing as well as they’d hoped in recent years, meaning they haven’t gotten very close to the latter stages of the NFL postseason. Whether you’re interested in the Bears’ odds tonight or for futures betting, it’s always worth exploring their current form and wagering based on those stats. As always the odds will vary from one sportsbook to the next, so be sure to check out the top providers.
How to read Chicago Bears betting odds
As with any odds, when thinking about wagering on The Bears odds, be sure to check out what type of odds you’re working with at that particular sportsbook. The three types of odds you might find are the following:
As you’d expect, the most common odds format in the United States is American Format. The odds are easily understood as the lower the number the more likely that is to be the winning bet. Anything below 0, meaning a negative (-) value, is considered a net favorite to win.
Let’s take, for example, the Bears’ odds to win a playoff game against the Bills at -333, they are considered a clear favorite to win the match. While the Bills might have odds of something like +225 to win. The reward is greater if the odds are positive (+), meaning it’s a riskier bet.
It goes without saying, but the more likely the team is to win, the less you are able to earn—this is unless you stake a huge amount of money on the outcome of the event. Safe bets can be good sometimes, but generally riskier wagers are more fruitful for bettors.
This understanding can be cast into a strategy, which is relevant for any time of Bear’s odds. Whether it be the Bears’ odds to win the Super Bowl or just to make it to the playoffs, the theory is the same. Here are some other common Bears bets:
- Futures Championship
- Team Props
- Player Props
A moneyline bet is probably the most wagered bet in sports betting and definitely the easiest to come to grips with. A moneyline bet is simply when you want to wager on a team to win. If the Chicago Bears are playing the 49ers, you could choose the Bears to come out on top as a moneyline.
Over/Under bets are when you wager on the score at the end of a particular game. You can also find them for quarters and halves. An example of such a bet would be if the Bears reach the Super Bowl and the bettor wants to place an over bet on Chicago to score 25.5 points or more. This would mean if they score 26 points or more the bet pays out.
Spread betting is also a great betting type when the game is going to be a blowout. In these bets, you can wager on the final outcome and the margin of victory.
Betting on the Bears to win the Super Bowl is the most common Bear Futures bet. in this section, you will find the opportunity to wager on all the big events or season finales. Be careful, as these markets are available for so long and tend to fluctuate.
In prop bets, you are betting on the fun stuff. Rather than putting all the weight on the outcome, you can bet on different things that players and teams may accomplish during the match.