NFC East Odds: Washington's Odds Slashed Following Recent Signings

NFC East Champion Odds: Washington's Odds Slashed Following Samuel, Fitzpatrick Signings

One of the most surprising teams in the NFL last season, the Washington Football team, has been busy as the free agency period has gotten underway. And, as a result, not only have sportsbook started to slash their NFC East championship odds, but there has been a massive influx in bets backing them.

The Washington offseason started by extending the Franchise Tag to guard Brandon Scherff rather than reaching a long-term deal. Scherff is one of the best guards in the NFL and helps secure an already solid offensive line in Washington.

Next up, they re-signed kicker Dustin Hopkins and reached an agreement with Bengal CB William Jackson on a 3-year deal. All these moves helped solidify a team that shocked a lot of fans with how competitive they were, but it was two moves more moves that took Washington to the next level.

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First up, the Washington Football Team signed WR Curtis Samuel to a 3- year, $34.5 million deal. Samuel is a versatile, explosive offensive weapon that will not only allow the team to be creative, but will also take some attention away from No. 1 receiver Terry McLaurin.

The second move took them from middle of the pack to a top contender in the NFC East. Washington has signed QB Ryan Fitzpatrick to a one-year deal worth $10 million. Fitzpatrick isn’t a top-tier QB, but he’s miles better than what they got from Dwayne Haskins and Alex Smith last season.

The Washington defense has already proven to be a great unit, and now with added weapons on offense they look poised to make a run at the playoffs.

NFC East Champion Betting

So, with all these moves officially announced and Washington seemingly improving in every area of need, what impact has this had on the NFC East betting market and odds?

Well, before these moves were announced, Washington was +400 to win the division for a second year in a row. As of Thursday, they’re as short as +280 at some sportsbooks. The difference in implied probability in the two odds is 20% (+400) vs. 26.5% (+280).

And it’s not just the oddsmakers that like Washington’s chances. In the last 12 hours, 58% of all NFC East futures wagers have been on Washington to win the division again.

NFC East Champion Odds