Monday Night Football Odds: Latest MNF Betting Odds & Betting Trends

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MNF Odds in Kentucky

The 2023-24 NFL regular season has concluded, and so has Monday Night Football. The final matchup was between the Baltimore Ravens and San Francisco 49ers, in which the Ravens came out on top 33-19.

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2023 Monday Night Football Schedule

Here’s the entire 2023 Monday Night Football schedule:

📅 Week 1BUF (-2) 16, NYJ 22 (OT)
📅 Week 2NO (-3) 20, CAR 17
📅 Week 2CLE (-2) 22, PIT 26
📅 Week 3PHI (-4.5) 25, TB 11
📅 Week 3CIN (-2.5) 19, LAR 16
📅 Week 4SEA (-2.5) 24, NYG 3
📅 Week 5GB (+1.5) 13, LV 17
📅 Week 6DAL (-1.5) 20, LAC 17
📅 Week 7MIN (+7) 22, SF 17
📅 Week 8DET (-7) 26, LV 14
📅 Week 9LAC (-3) 27, NYJ 6
📅 Week 10DEN (+7.5) 24, BUF 22
📅 Week 11PHI (+2.5) 21, KC 17
📅 Week 12CHI (+3) 12, MIN 10
📅 Week 13CIN (+10) 34, JAX 31
📅 Week 14NYG (+5.5) 24, GB 22
📅 Week 14TEN (+13.5) 28, MIA 27
📅 Week 15SEA (+3.5) 20, PHI 17
📅 Week 16BAL (+5) 33, SF 19

How To Bet On Monday Night Football Odds

There are multiple ways to enjoy Monday Night Football betting at both retail and online Kentucky sportsbook apps.

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Monday Night Football Live Betting

There was a time not so long ago when all NFL bets had to be placed prior to kickoff. Now, thanks to live betting, you can fire off wagers from the moment a game begins until the final whistle at the end of the fourth quarter.

After each play, oddsmakers adjust live-betting spreads, moneylines and totals, as well as the corresponding odds. 

As the numbers continuously move, bettors can wager on everything from total combined points scored by both teams in a given quarter to whether the team leading (or trailing) will win the game by a certain range of points. 

🔥 More: Live Bet MNF with FanDuel Sportsbook in Kentucky

Bet the MNF Moneyline

Betting the moneyline in a Monday Night Football game makes sense if you believe the team that’s favored will win the game but you aren’t confident it will cover the spread. It also makes sense if you believe the underdog has a good chance to pull off an upset.

Keep in mind that the bigger the spread is, the greater the moneyline odds (and vice versa). That means you have to wager a lot to win a little when betting a big favorite on the moneyline (or wager a little to win a lot when betting an underdog on the moneyline).

Conversely, when the spread is short — for instance, -2/+2 — the moneyline odds are short, too.

🔥 More: Bet the MNF Moneyline with bet365 Sportsbook in Kentucky

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Bet the MNF Spread

Most bettors tend to gravitate toward the MNF spread. Established by oddsmakers, the point spread is a number that reflects the perceived talent discrepancy between the two teams.

For example, in the Week 6 Monday Night Football game last season, the Los Angeles Chargers were favored by 5.5 points over the Denver Broncos. The Chargers prevailed 19-16, but bettors who took Denver on the point spread won their wager because the Broncos lost by fewer than 5.5 points. Those who made point spread bets on the Chargers lost because Los Angeles didn’t win by enough points.

🔥 More: Bet the MNF Spread with Caesars Sportsbook in Kentucky

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MNF Props

Don’t have a strong opinion on the spread, moneyline or total for an MNF game, but still want to get some action down? Consider some Monday Night Football props bets.

Sportsbooks offer a bevy of prop bets tied to player, team and game outcomes. For instance, you can wager on a quarterback to go Over or Under his projected passing yardage totals; a team to go Over or Under its projected total points scored; or whether there will be points scored in the final two minutes of a game.

As with traditional Monday Night Football wagers, it’s important to first research matchups and tendencies before deciding which prop bets to make.

🔥 More: Bet MNF Props with ESPN BET Sportsbook in Kentucky

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MNF Parlays

You can build Monday Night Football parlay bets in a variety of ways, the most common being combining the spread or moneyline with the total (or Over/Under). 

Sportsbooks allow customers to create Monday Night Football parlays linked to the outcomes of the first half, second half or full game. Some operators also permit parlaying player, team and game prop bets.

Just remember: Winning single game parlays requires winning each side of two or more wagers. And while the potential payout rises with each “leg” that you add to your parlay, so does the degree of difficulty that you’ll hit it.

🔥 More: Bet MNF Parlays with DraftKings Sportsbook in Kentucky

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Historical MNF Betting Trends & MNF Betting Tips

Homefield advantage usually is a big deal in the NFL, and that’s been especially true on Monday Night Football. Home teams have dominated on the scoreboard in Monday Night Football in the last five-plus seasons, going 59-43 (not including two neutral-site games). At the betting window, however, visitors have turned a small profit at 53-45-4 ATS

Similarly, favorites have won 65% of all Monday Night Football games since the start of the 2018 season (67-37) but they're just 45-55-4 ATS. Also, heavy favorites (teams laying 6 points or more) are on a 28-14 straight-up roll on Monday Night Football since 2018. However, they’ve gone just 16-25-1 ATS.

This is just one of several intriguing — and somewhat surprising — Monday Night Football betting trends.

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✅ No. 1: Think twice before betting favorites on the point spread

Not only have home teams struggled to cover the point spread on Monday Night Football in recent years, but so too have favorites.

In the past five-plus seasons, favorites have won nearly 65% of all Monday Night Football games (67-37). However, underdogs are 55-45-4 ATS.

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✅ No. 2: Be particularly wary about backing big favorites

There have been 42 teams favored by 6+ points on Monday Night Football since the start of the 2018 season. Those favorites have gone 28-14 straight-up (a sizzling 66.7%). Their record against the spread, though? Just 16-25-1.

What about short favorites on Monday Night Football (teams giving 3 points or fewer)? They have gone 18-17 SU and 14-18-3 ATS.

✅ No. 3: Don’t go “Over”-board on totals bets

Oddsmakers know that bettors love to wager on Monday Night Football games to be high scoring. They often take advantage of that reality by posting inflated Over/Under totals.

That partly explains why the Under has hit in nearly 60% of all Monday Night Football games since 2018 (41 Overs, 61 Unders, two pushes).

MNF Most Memorable Games in NFL History

Since its debut in 1970, Monday Night Football has delivered more than a few memorable moments, announced by some legendary NFL personalities like John Madden. Here are three all-timers that brought viewers (and bettors) to the edge of their seats.

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Jets @ Dolphins (Week 8, 2000)

New York took the field as a 3-point home favorite over its AFC East rival on Oct. 23, 2000. However, by the time the fourth quarter rolled around, the Dolphins were holding a 30-7 lead.

The New York Jets then proceeded to score 30 points (including 23 unanswered) to send the game to overtime.

Place-kicker John Hall capped the comeback less than three minutes into OT, drilling a 40-yard field goal to give New York a 40-37 victory in what would come to be known as the “Monday Night Miracle.”

Colts @ Buccaneers (Week 5, 2003)

In 2003, during the first Monday in October, the Buccaneers hosted the Indianapolis Colts, with all eyes on the Colts Super Bowl odds after a 4-0 start to the season. The reigning Super Bowl champions, the Buccaneers, showcased their prowess by surging ahead with leads of 21-0, 28-7, and 35-14.

That’s when Peyton Manning put on his Superman cape, leading the Colts to three touchdowns in the final 3½ minutes to force overtime.

In the ensuing extra period, Indy received the ball first, sealing the victory with a field goal, stunning the NFL world with a 38-35 win as 4.5-point underdogs, significantly boosting the Colts playoff chances.

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Chiefs @ Rams (Week 11, 2018)

Oddsmakers expected a ton of points on Nov. 19, 2018, when second-year quarterback Patrick Mahomes led the Kansas City Chiefs into Los Angeles for a Monday night battle with the high-flying Rams.

In fact, the posted total of 63.5 was (and remains) the largest in NFL history. Yet it took less than three quarters for the two teams to blow past that number.

When the shootout finally ended, the Rams walked away with a 54-51 victory—the third highest-scoring game ever.

Jared Goff Throws vs. Chiefs

How To Watch Monday Night Football in 2023

ESPN enters its 18th season as the home of Monday Night Football, with games also being broadcast on sister networks ABC, ESPN2 and ESPN Deportes. Additionally, the network will carry 10 games on its streaming service, ESPN+, which can be found on your smart TV or via the ESPN website.

Longtime broadcast partners Joe Buck and Hall of Famer Troy Aikman enter their second season as the voices of Monday Night Football.

Also, the “Manning Cast” featuring brothers Peyton and Eli Manning returns to ESPN2 for 10 games.

Final Word on 2023 MNF Odds

This year’s Monday Night Football slate is loaded with marquee matchups, fascinating storylines and — most importantly to many — quality betting opportunities.

Each week, sportsbooks across the country will offer a dizzying array of Monday Night Football odds. The wagering menu will include spreads, moneylines, totals, props, parlays, live wagering and more.

In other words, there will be plenty of options for Monday Night Football bettors to cap a profitable week with one more winning wager — or recoup some losses.

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Monday Night Football Odds FAQs

Author

Matt Jacob

Matt Jacob is a Las Vegas-based writer, editor and project manager who has been involved in the sports betting industry for nearly 20 years. His sports betting work has appeared in a variety of print publications and online platforms, including the Philadelphia Inquirer, The New York Post, Forbes.com, Props.com and VegasSeven magazine.

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