Denver Broncos Betting Guide for the 2024 NFL Season

The Denver Broncos have been searching for the playoffs since Peyton Manning retired after winning Super Bowl 50 in the 2015 season. Since that moment, the Broncos have been on an ongoing journey to find their next franchise quarterback. Many fans and bettors believe that the Broncos have gotten their big break going into this season.

This guide will provide you with everything you need to know about betting on the Denver Broncos this season. You’ll find injury updates, stats, betting trends, and more. 

denver broncos

Denver Broncos Picks and Betting Odds

Check out our picks for the upcoming Broncos’ games:

Odds to Win
SUPERBOWL

+12500

Odds to Win
AFC Conference

+6600

Odds to Win
Division

+2500

Seasons Win

8.5+ 110 Over
8.5-130 Under

Denver Broncos Stats

Below is a breakdown of the Denver Broncos stats for the 2024 season:

https://sportstats.nypost.com/football/nfl/teamstatistics/21

Denver Broncos Injury Reports

Check out the latest injury updates for the Denver Broncos here:

denver-broncos-logos

Get the latest Denver Broncos injury updates here at ScoresandStats.com. With this report you’ll gain valuable betting insights for this season. For more betting advice you can also sign up and view even more information.

A Glance at the History of the Denver Broncos

The Denver Broncos have a storied history that spans decades. Founded in 1960 as a charter member of the American Football League (AFL), the team struggled in its early years, often finishing at the bottom of the league. However, the merger with the National Football League (NFL) in 1970 marked a turning point.

The Broncos began to establish themselves as a competitive force in the 1970s, with their first winning season occurring in 1973. The team experienced significant success throughout the 1980s, led by the legendary quarterback John Elway. Although they reached multiple Super Bowls during this era, they were unable to secure a championship.

It wasn’t until the 1990s that the Broncos finally achieved their ultimate goal. With Elway at the helm and under the guidance of coach Mike Shanahan, the team captured back-to-back Super Bowl victories in 1998 and 1999. This golden era cemented the Broncos’ place as one of the NFL’s premier franchises.

The arrival of Peyton Manning in 2012 reignited the franchise. Manning, a future Hall of Famer, brought his exceptional leadership and precision passing to Denver. In 2013, the Broncos clinched their first Super Bowl victory since the Elway era, with Manning earning Super Bowl MVP honors. This championship marked a resurgence for the team and solidified Denver’s status as a perennial contender.

While the team has experienced fluctuations in success since their Super Bowl glory days, the Broncos remain a beloved and passionate organization with a dedicated fan base.

Timeline of the Denver Broncos Franchise

  • 1960: The Denver Broncos are founded as a charter member of the American Football League (AFL). The team struggles in their early years, often finishing at the bottom of the league.  
  • 1970: The AFL-NFL merger occurs, and the Broncos join the NFL. The team begins to show signs of improvement, with players like Floyd Little emerging as stars.  
  • 1973: The Broncos clinch their first winning season, marking a turning point in the franchise’s history.  
  • 1983: A pivotal year for the Broncos. The team acquired quarterback John Elway from the Colts with the first overall pick in the NFL Draft, igniting a new era of excitement and hope for the franchise.
  • 1980s: The “Orange Crush” defense becomes a formidable force, and the Broncos consistently contend for the AFC Championship. Despite reaching multiple Super Bowls with Elway at the helm, they suffer heartbreaking losses.  
  • 1998 & 1999: Under the leadership of head coach Mike Shanahan, the Broncos win consecutive Super Bowls, with John Elway capturing Super Bowl MVP honors in both victories. The team’s dominant offense, featuring Terrell Davis and Shannon Sharpe, becomes legendary.  
  • 2012: The Broncos acquire future Hall of Fame quarterback Peyton Manning.  
  • 2013: The Broncos set an NFL record for most points scored in a single season, led by Peyton Manning’s exceptional play. However, they ultimately fall short of winning the Super Bowl.  
  • 2015: During Manning’s final year, the Broncos win Super Bowl 50 against the Carolina Panthers.

Now that the Broncos have brought in a new quarterback and made some significant improvements to their roster, it will be interesting to see how well they perform throughout the season. Low expectations have set them up for some great hidden value in these potential betting trends:

  • Over on Broncos’ point total: The Broncos’ offense isn’t projected to do much better than the past season. However, Bo Nix may deliver a spark to the offense that leads to Denver consistently going over on their point total. 
  • Broncos to hold opponent to under on point total: The Broncos defense was a top unit in the league last year by a couple of young stars. You can expect this defense to continue playing at a dominant level. 
  • Bo Nix passing yards props: With all the hype around Bo Nix going into the season, you can find a ton of prop bets being offered for him. One of the most interesting will be for his passing yards. Careful analysis of his performance week over week may just lead to repeat profit for bettors. 

These betting trends were the most successful for betting on the Broncos last season:

  • Under on Total Points: The Broncos struggled offensively in 2023, ranking last in points per game. This trend suggests that betting the under on total points in Broncos games might have been a profitable strategy.
  • Broncos as Underdogs: Given their overall performance, the Broncos were often underdogs. If they continued to struggle, betting on them as underdogs might have been a consistent winning strategy, especially during their upset victories such as against the Buffalo Bills.
  • Divisional Underdogs: The Broncos faced tough competition in the AFC West. Betting against them in divisional matchups, especially against teams like the Chiefs and Chargers, yielded positive results.
  • First Half Unders: A low-scoring offense often lead to low-scoring first halves. Betting the under on first-half totals in Broncos games was a profitable trend.

Denver Broncos Schedule for 2024

Below is the schedule for the Denver Broncos this season:

Pre Season

Week Date Opponent Result
Week 1 Date: Sun 11/08/2024 Opponent: Indianapolis Colts Result: W 34-30
Week 2 Date: Sun 18/08/2024 Opponent: Green Bay Packers Result: W 27-2
Week 3 Date: Sun 25/08/2024 Opponent: Arizona Cardinals Result: W 38-12

Regular Season

Week Date Opponent Result
Week 1 Date: Sun 08/09/2024 Opponent: Seattle Seahawks Result: L 20-26
Week 2 Date: Sun 15/09/2024 Opponent: Pittsburgh Steelers Result: L 6-13
Week 3 Date: Sun 22/09/2024 Opponent: Tampa Bay Buccaneers Result: W 26-7
Week 4 Date: Sun 29/09/2024 Opponent: N.Y. Jets Result: W 10-9
Week 5 Date: Sun 06/10/2024 Opponent: Las Vegas Raiders Result: W 34-18
Week 6 Date: Sun 13/10/2024 Opponent: L.A. Chargers Result: TBD
Week 7 Date: Thu 17/10/2024 Opponent: New Orleans Saints Result: TBD
Week 8 Date: Sun 27/10/2024 Opponent: Carolina Panthers Result: TBD
Week 9 Date: Sun 03/11/2024 Opponent: Baltimore Ravens Result: TBD
Week 10 Date: Sun 10/11/2024 Opponent: Kansas City Chiefs Result: TBD
Week 11 Date: Sun 17/11/2024 Opponent: Atlanta Falcons Result: TBD
Week 12 Date: Sun 24/11/2024 Opponent: Las Vegas Raiders Result: TBD
Week 13 Date: Mon 02/12/2024 Opponent: Cleveland Browns Result: TBD
Week 14 Date: BYE Opponent: BYE Result: BYE
Week 15 Date: Sun 15/12/2024 Opponent: Indianapolis Colts Result: TBD
Week 16 Date: Sun 22/12/2024 Opponent: L.A. Chargers Result: TBD
Week 17 Date: Sun 29/12/2024 Opponent: Cincinnati Bengals Result: TBD
Week 18 Date: Sun 05/01/2025 Opponent: Kansas City Chiefs Result: TBD

Denver Broncos Depth Chart

Below is a look at the Denver Broncos current depth chart:

https://www.espn.com/nfl/team/depth/_/name/den

Key Players to Monitor for Broncos Betting

Most of the Broncos success this season will depend on the performance of some of their youngest players. While this may make a fanbase nervous, this is a great opportunity for bettors to find hidden value throughout the season. 

Overall, expectations from the sportsbooks are low for the Denver Broncos. However, many believe them to be a sleeper team that could surprise some people this year. Below are some players who will have the biggest impact on the betting lines this season: 

  • Bo Nix
  • Patrick Surtain II
  • Courtland Sutton
  • Troy Franklin
  • Javonte Williams

Bo Nix, Quarterback

The Broncos selected Bo Nix with their first pick in the draft, and he comes into the league a couple of years older than other rookies thanks to the Covid pandemic earning him an extra season. While many experts believe Nix will be a bust in the NFL, others believe that Denver is the perfect system for him to thrive in.

For obvious reasons, Nix’s performance is going to have a huge impact on bettors. His ability to run the offense will have a direct impact on their ability to cover the spread, go over on total points, finish drives with points, and much more. 

If you’re a believer in Nix, then early in the season is the best time to grab value. With no historical data for sportsbooks to use for context, it’s likely that we’ll see a relatively low ceiling set for the passer during his rookie season. 

Patrick Surtain II, Cornerback

Patrick Surtain is the foundation of the Broncos defense. Going into this fourth season in the NFL he is highly regarded as a top 3 coverage man in the league. When he’s on the field for the Broncos, it gives them the ability to limit the opposing offenses’ top pass catcher.

This is monumental for Denver holding their opponents to less than their projected total. It also makes them a valuable defense for holding opponents to a limited number of passing yards and touchdowns. 

Courtland Sutton, Wide Receiver

Courtland Sutton has shown flashes of his potential throughout his career, but has yet to establish himself as an elite receiver in the NFL. Now that he has Nix throwing him the ball, this could potentially change.

When Sutton was given the opportunity last year, he was extremely efficient with catching passes in traffic, especially in the red zone. However, he lacked consistent targets, which made him an unreliable option for bettors.

Sutton may have plenty of value in store for bettors this year as he is positioned to be the Broncos top receiver with a quarterback who has shown more promise than anyone else Sutton has worked with before. If Sutton takes the next step up with Nix, expect him to make a huge impact on betting lines each week. 

Troy Franklin, Wide Receiver

Troy Franklin is a rookie wide receiver who has an opportunity to fill a big gap on the Broncos this season. Franklin played college for Oregon with current quarterback Bo Nix. This college connection has many fans and bettors excited for the potential season he could have.

As of now, Franklin is flying under the radar of other teams’ defenses as well as sportsbooks across the country. If you believe in this rookie and his ability to continue paired success with Nix into the professional level, then there will be a ton of player prop value throughout the season. 

Javonte Williams, Running Back

Javonte Williams had a promising start to his career, but has struggled to reach that same production since. Injuries and a poor offensive line performance have held him back in recent seasons, and this year will be a big moment in his football career.

With so much on the line, you can expect him to see heavy usage. His performance will have a big impact on the Broncos’ rushing totals and red zone efficiency. 

Stay Up to Date on the Denver Broncos

Catch up on our blog section to find the latest updates for the Denver Broncos: 

Denver Broncos: Is Nix the Answer?

It’s hard to say for certain if the Broncos have their guy in Bo Nix. However, we will know for sure in a few months’ time. If Nix can step up and perform well in this offense, then the Broncos will be a surprise team for fans, bettors, and sportsbooks.

Take the guesswork out of your bets this season and let us help you make sense of all the advanced statistics you need to make informed betting decisions. Register for our handicapping services today and gain instant access to all the breakdowns and recommendations you need to start winning more of your bets.