Betting odds indicate Patriots remain a contender after Tom Brady’s departure

Tom Brady, Bill Belichick, Thursday, Aug. 31, 2017
Tom Brady, Bill Belichick (AP Photo/Winslow Townson)
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While the outlook for the Patriots isn’t nearly bright as it’s been in about two decades, they are still a factor in the AFC, the betting market’s reaction to Tom Brady’s departure from New England suggests. The Pats’ odds to win Super Bowl 55 have doubled, but they’re co-favorites to finish atop their division.

Priced at 12/1 odds in the Westgate SuperBook’s Super Bowl market a week ago, the Patriots were lengthened to 25/1 on Tuesday, shortly after Brady announced on Twitter he’s moving on. They’re now 12/1 to win the AFC, sharing those odds with four other teams (Steelers, Chargers, Colts, Bills) and trailing only the Chiefs (+225) and Ravens (3/1 or +300) on the conference futures board.

Circa Sports, the first bet shop in Las Vegas to post 2020 season win totals, adjusted New England to 8.5 wins from 9 (OVER -120), sportsbook manager Chris Bennett told BetIndiana News in a text message Tuesday.

At PointsBet, the Pats were lengthened from -200 to +125 to win the AFC East, a feat they’ve accomplished in 16 of the last 17 seasons. 2008, when Brady was lost to a season-ending injury in Week 1, is the only season during that stretch in which they did not finish first in the division.

But the market’s confidence in coach Bill Belichick remains strong, with oddsmakers calling the battle for 2020 division supremacy between the Pats and Bills a coinflip (h/t David Purdum).

For now, Jarrett Stidham is the No. 1 quarterback on New England’s depth chart.

Attention now turns to where Brady will land. The Bucs are his most likely destination, per odds posted at FanDuel, followed by the Chargers.

Odds to be Tom Brady’s team in Week 1 of 2020 season

Bucs -165
Chargers +115
Dolphins +775
Raiders +1300
Bears +1900
49ers +1900
Colts +3700
Giants +4800
No team/retired +5000

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