Chicago Bears Odds

Chicago Bears Odds, Bet Types, and Team History

The Chicago Bears won just three games in 2022, but they enter 2023 with higher expectations than usual. Look no further than their win total over/under being set at 7.5 as proof of that.

Quarterback Justin Fields is a big reason why. He’s coming off a ridiculous campaign in which he accumulated 1,142 yards and eight touchdowns on the ground. He actually had a six-game streak of rushing touchdowns.

The bad news for Fields is that he didn’t show nearly as much growth through the air. He threw 11 interceptions and didn’t surpass 150 passing yards in six of 15 games played.

The good news? Chicago made one of the biggest trades of the offseason before the NFL Draft, acquiring the rights to wide receiver DJ Moore and a bunch of draft capital from the Carolina Panthers in exchange for the No. 1 overall pick (Bryce Young).

The Bears also boosted their offensive line through the draft and free agency and made some interesting signings in Robert Tonyan and Tremaine Edmunds.

Chicago kicks off its 2023 campaign at home on Sept. 10 against the rival Packers.

Betting on the Chicago Bears

Bears fans and NFL bettors alike have a variety of options to bet on the team in the upcoming 2023-24 season. Here are a few of the most common and popular bet types to consider.

• Point Spread
• Moneyline
• Over/Unders
• Props
• Future Odds

Bears Spreads

Betting point spreads are wagers based on the expectation that a team will win or lose by a certain number of points. Here’s an example:

• Vikings +2.5 (+110)
• Bears -2.5 (-110)

In this situation, the Vikings are 2.5-point underdogs against the Bears. If Chicago wins the game by three or more points, a $100 wager on the Bears would come with a payout of $90.91. If Minnesota won the game outright or lost by two points or fewer, the same $100 wager would net $110 plus the original $100 for a total of $210.

Bears Moneylines

Betting the moneyline is quite simple. Check out this example:

• Bears -120
• Lions +210

The minus (-) and plus (+) signs distinguish the favorite from the underdog, making Chicago the favorite in this scenario. Odds can be understood more clearly if you think in terms of $10 or $100 increments. A wager on the Bears odds would mean every $120 bet nets $100. And it's the opposite for underdogs: Here the Lions moneyline was set at +210, meaning a $100 wager would profit $210.

Moneylines are also commonly used when making parlays, which are multiple bets tied into one. Let’s say you bet the Bears moneyline and a -2.5 point spread, Chicago would need to win by three points or more for that bet to be successful. The risk is greater, but so is the reward with increased odds. Use our Odds Calculator to calculate any bet amount or conversion.

Bears Over/Unders

Over/under, also called point total, is a wager placed on the combined scoring of a single game. Bookmakers come up with a number and you can either bet the over or — you guessed it — the under. Here’s how it works:

Let's say the Packers play the Bears and the over/under is set at 54 points. A wager on the over would require Green Bay and Chicago to score 55 total points or more to win. Betting the under is an expectation that the two teams would score 53 or fewer points. It's also possible for the bet to push, which would happen if the game finished with exactly 54 points scored.

Bears Props

Player props are wagers on a single player, and they're tied to a single stat found in the box score for a game or even the whole season. These are among the most fun to bet on, especially if you're already playing fantasy football and like the player-specific focus it offers. Check out a hypothetical example below:

• Over/Under: Justin Fields 2022 passing yards: 3,550.5

In this example, a bettor will wager on whether or not Fields will throw for more or less than 3,550.5 yards over the course of the season.

Bears Future Odds

A futures bet is a wager that will decided based on a result that takes place later in the season. Future bets can be made on both team and individual player outcomes. Some examples of popular futures bets include:

• Chicago Bears odds to win the NFC North
• Chicago Bears odds to win the NFC
• Chicago Bears odds to win the Super Bowl
• Justin Fields’ odds to win MVP

Because NFL futures are so hard to predict, bettors can expect highly favorable odds with sizeable payouts should they win.

How to Bet on the Chicago Bears

Illinois sports betting is live, and the convenience of fully online registration is here. There are seven legal sportsbooks available with more on the way: BetMGM, Caesars, PointsBet, BetRivers, FanDuel, DraftKings and Barstool.

PrizePicks Daily Fantasy

For those Illinois sports bettors looking for something other than traditional sportsbooks, look no further than PrizePicks. PrizePicks is among the most simple and exciting DFS games in North America because users just have to place their bets, pick their favorite players, and choose over/under totals for a chance to win cash. New users can claim a deposit match on up to $100. Sign up for the PrizePicks app here.

Chicago Bears & BetRivers

The Chicago Bears in June 2021 announced a partnership with Rush Street Interactive, Inc., the company that owns BetRivers. As part of the partnership, the Bear will promote BetRivers and Rivers Casino with a mix of in-stadium signage and digital, social and print assets. BetRivers customers will also see promotions for exclusive Chicago Bears prizes and experiences while betting.

To learn more about BetRivers, read our sportsbook review.