Okay, okay. Hold your horses. It's been one damn game.
But the markets still moved precipitously as a result of that one damn game, enough to vault the Lions into seventh-best favorites to win the Super Bowl at FanDuel. That's the fourth-best odds in the NFC behind the Eagles, 49ers and Cowboys.
Odds courtesy of FanDuel.
The Lions are up from their previous mark — tied for ninth-best with the Chargers and Dolphins, according to odds at FanDuel.
DraftKings prices the Lions similarly in the NFL hierarchy, but rate the Jets with better chances at 16-1 relative to Detroit's 17-1 clip.
These represent the best Week 1 Super Bowl odds in Lions history — this side of 1990, anyway.
Meanwhile, the Lions' odds in other markets have vaulted, too.
While Detroit had opened up as roughly -165 favorites to make the playoffs this season, that number has ballooned to -250 at FanDuel.
And while the Lions had opened as -2 favorites for their Week 2 tilt against the Seahawks at home, that line moved to the key number of -3 on account of Thursday's win.
So, are these overreactions or legitimate market moves that brings the team closer to equilibrium?
It's difficult to discern after one game. But retail bettors love to overreact — read: Sanders, Deion and Buffaloes, Colorado.
And sportsbooks are forced to adjust to that retail interest. For instance, Colorado had opened as +7.5 dogs against Nebraska for this Saturday's Week 2 contest. After Prime's win over TCU? The Buffs are -3 favorites.
But at that price, sharp money is piling in on Nebraska — a highly-rated team coming off an ugly Week 1 loss. Couple that with the public narrative that Nebraska are chokers and that Colorado is on the rise.
The public is, of course, all in on Colorado though.
About 78% of the total bets are on Colorado to cover that contest, including 82% of the total bets on Colorado's moneyline at roughly -150, according to the Action Network's proprietary betting data.
Meanwhile, roughly 86% of the bets across all American sportsbooks are already riding the Lions to cover that spread against the Seahawks next week.
Don't be surprised if the data indicates in a week time that the sharps are piling on the Seahawks, too.
