Carolina Panthers Odds

Carolina Panthers Odds, Bet Types, and Team History

The Carolina Panthers are heading into the 2023 NFL season with renewed hope and optimism. Under the leadership of new head coach Frank Reich, and with the acquisition of franchise quarterback Bryce Young from the 2023 NFL Draft, the team aims to put last season's struggles behind them.

During the offseason, the Panthers made significant roster changes to strengthen their squad. They signed veteran quarterback Andy Dalton, running back Miles Sanders, and wide receivers Damiere Byrd, DJ Chark, and Adam Thielen, providing valuable support for rookie quarterback Bryce Young. The team also added tight end Hayden Hurst and bolstered their defensive line with players like Henry Anderson, Shy Tuttle, and DeShawn Williams, while safety Vonn Bell became a key addition to their defense.

However, the process of acquiring the No. 1 overall draft pick led to the departure of wide receiver DJ Moore, a move that will require the Panthers to find ways to redistribute his production among the newly acquired wide receivers. The coaching staff, led by Frank Reich, is equipped with notable names such as Offensive Coordinator Thomas Brown and QB coach Josh McCown.

Competing in one of the NFL's weaker divisions, the Panthers have the potential to contend for a playoff spot in the upcoming season. With the talented Bryce Young at the helm and a refreshed roster, the team is eager to make their mark in the league.

Betting on the Carolina Panthers

The Carolina Panthers likely stand to be underdogs in most of their 2023-24 matchups. Will they pick up where they left off last year or will they start turning it around? Here are the most popular ways to bet on the Panthers this season:

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

Panthers Spread

Betting point spreads are wagers based on the expectation that a team will win or lose by a certain number of points. The Panthers were 9-8 overall against the spread throughout the regular season, making them an farily reliable pick to cover. Here's an example of how the spread works using a Panthers game against the Atlanta Falcons as an example.

• Panthers -2.5 (-113)
• Falcons +2.5 (-108)

In this situation, the Falcons are 2.5 point underdogs against the Panthers. If Carolina wins the game by three or more points, a $113 wager on the Panthers would come with a payout of $100. If Atlanta won the game outright or lost by two points or less, a $108 wager would net $100.

Panthers Moneyline

Carolina was not a strong moneyline pick in 2022-23 with a 7-10 record. Because the Panthers found themselves as the underdogs in most of their games, they did have plenty of plus-money opportunities for those brave bettors willing to take the risk on this unreliable team. Here's an example of a Panthers moneyline bet.

• Panthers -136
• Falcons +115

The minus (-) and plus (+) signs distinguish the favorite from the underdog, making Panthers a rare favorite in this scenario. Odds can be understood more clearly if you think in terms of $100 increments. A wager on the Panthers odds would mean every $136 bet nets $100. And it's the opposite for underdogs: Here the Falcons moneyline was set at +115, meaning a $100 wager would profit $115.

Moneylines are also commonly used when making parlays, which are multiple bets tied into one. Let’s say you bet the Panthers moneyline and a -2.5 point spread. Carolina 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.

Panthers Over/Under

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 Panthers play the Falcons and the over/under is set at 42 points. A wager on the over would require Carolina and Atlanta to score 43 total points or more to win. Betting the under is an expectation that the two teams would score 41 points or fewer. It's also possible for the bet to push, which would happen if the game finished with exactly 42 points scored.

Carolina averaged 20.4 points per game (13th in NFL) and allowed 22.0 points (14th in NFL). The Panthers had an over/under record of 8-9 in 2022.

Panthers Prop Bets

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: Bryce Young passing yards: 3,550.5

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

Panthers 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:

• Carolina Panthers odds to win the NFC South
• Carolina Panthers odds to win the NFC
• Carolina Panthers odds to win the Super Bowl

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

Weather for Panthers Games

Keep track of the conditions for Panthers games by checking out our NFL weather page.

How to Bet on the Carolina Panthers

Sports betting is currently only legal in North Carolina at two retail tribal locations. As of now, there is no legal online sports betting available in the Tar Heel State. Sports bettors do have reason to be optimistic in North Carolina, though, as SB 688, a bill that would legalize online sports betting, has been passed in the state senate is set to be voted on in the House of Representatives. There's no specific timeline for passage, but many are hopeful to see it through in 2023. Stay up to date and keep track of when it will become legal by reading our North Carolina sports betting page. If you wish to place a bet on the Panthers in a state where sports betting is permitted, you can simply select a popular platform like BetMGM and begin by using the BetMGM Sportsbook Promo Code.

PrizePicks Daily Fantasy

For those North Carolina 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. All users have to do to place their bets is 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.