Le’Veon Bell has signed for Kansas City Chiefs after being released by New York Jets earlier in the week, and the betting markets think its bad news for star rookie Clyde Edwards-Helaire.
CEH was installed as one of the frontrunners for the Offensive Rookie Of The Year award at the beginning of the season alongside Bengals QB Joe Burrow, and his performances so far have certainly justified his position in the market.
As recently as the beginning of this week (12th October), CEH’s odds of being named the league’s best attacking rookie were set at +300. Put simply, these odds carried an implied chance of 25% that he would receive the honor.
However, following the acquisition of Bell last night, oddsmakers have lengthened his odds significantly to +1200, suggesting his probability has shrunk to just 7.69%.
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Oddschecker spokesperson Pete Watt: “CEH has clearly been the bellcow for Kansas so far this year and has carried out his duties with aplomb.”
“While the rookie should continue to be the main man, oddsmakers have demonstrated that they believe his playing time will take enough of a hit from Bell's arrival for them to justify pushing his price out.”
“Plenty of bettors will think that odds of +1200 – and a chance to increase their wager twelve-fold – represent excellent value and if CEH continues to shine, then oddsmakers will be rushing to shorten the price once again.”
Joe Burrow +210
Justin Herbert +350
Clyde Edwards-Helaire +1200
Jonathan Taylor +1600
CeeDee Lamb +1800
James Robinson +2000