Assessing the Bengals’ Offseason Moves and 2023 Odds

Assessing the Bengals’ Offseason Moves and 2023 Odds
Fact Checked by Pat McLoone

The Cincinnati Bengals were just a few plays away from returning to the Super Bowl last season. But after back-to-back AFC Championship Game appearances, the Bengals needed to have a productive off-season to keep playing at that level. – your source for sports betting in Ohio - wanted to analyze the Cincinnati roster to see if the team moved forward and also how it is perceived by oddsmakers.

Did they improve their overall roster this offseason? The answer to that question depends on what you value on a roster.

Here is our story looking at potential moves before free agency.

And here is our assessment heading   into the NFL Draft.

And here is where things stand with additions and subtractions.

  • Notable Free-Agent Additions: OT Orlando Brown Jr, TE Irv Smith Jr., S Nick Scott
  • Notable Free-Agent Losses: RB Samjae Perine, S Jessie Bates, S Vonn Bell
  • Top Draft Picks: DE Myles Murphy, CB D.J. Turner, S Jordan Battle

The Bengals clearly upgraded the offensive line, adding a former Pro Bowl left tackle in Orlando Brown Jr. But they also lost some quality players, including Jessie Bates and Vonn Bell. And while the roster might be better in 2023, the Bengals certainly haven’t upgraded it a ton this offseason.

Has that impacted the Bengals Super Bowl odds? Not really.

Cincinnati Bengals 2023 Super Bowl Odds

Opening LineBefore Free Agency (3/8)Before NFL Draft (4/12)After NFL Draft (5/9)

A look at Cincinnati’s Super Bowl odds via BetMGM Ohio over the last few months shows how the odds have changed..

The Bengals Super Bowl odds have stayed at +900 for the last few months and that probably won’t change anytime soon. With Joe Burrow under center, the Bengals are going to be one of the top teams in the AFC. But will that be good enough to get past teams like the Chiefs and Bills? That remains to be seen.

The Bengals also signed a multi-year agreement last July to make Betfred their official sports betting partner. Here is a Betfred Ohio promo code if you want to bet with the team’s official partner.

Cincinnati Bengals 2023 AFC North Odds

Opening LineBefore Draft (4/25)After Draft (5/9)

Before the Bengals can worry about the other top teams in the conference, they first need to take care of their division. Let’s look at the odds for the Cincinnati Bengals to win the AFC North during the 2023-2024 season to see if they have increased or decreased following the NFL Draft – again via BetMGM. 

The Bengals have seen their odds to win the division improve slightly since the start of the new league year, but there hasn’t been much change, given that they were already the favorites to win the AFC North. With the Baltimore Ravens, Cleveland Browns and Pittsburgh Steelers all seemingly improving this offseason, there just wasn’t a lot of room for the odds to increase for the Bengals.

But just to be clear: The Bengals are the clear-cut favorite to win the AFC North. There is still a sizable gap in the odds between the Bengals and the next closest team (Ravens). So, while they might not have gotten a lot better this offseason, this is still a very good team and one of the favorites to win the Super Bowl in 2023..

You can get more on the Bengals' 2023 playoff chances on this site.

Marcus’s Verdict

The Bengals are a sure-fire playoff team in 2023, but they are still a risky bet at +900 to win the Super Bowl. There is just too much talent and depth in the conference to bet on the Bengals at those odds. It wouldn’t even be a shock if they struggle to win the division, considering every team has improved so far this offseason. While we think the Bengals will likely be a playoff contender once again, don’t bet on any of their futures entire the odds start to decrease a bit more.

Maybe there is a smarter bet for you on an Ohio sports betting app.



Marcus Mosher covers the NFL, NFL Draft and NFL news for The managing editor of The Raiders Wire, Marcus is also a contributor to The Athletic DFW, Pro Football Weekly and FanSided, and previously wrote for FanRag Sports. He hosts Locked On Cowboys Podcast.

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