Last season, the Baltimore Ravens left football bettors disappointed.
Despite a solid 2023 performance that resulted in a 12-6 ATS record, Baltimore faltered dramatically in the AFC Championship game, scoring only 10 points in a loss to the eventual champion Chiefs. It was a surprising end for a team that had been among the Top 6 in both EPA per play and DVOA on both sides of the field.
For 2024, the Ravens are again expected to rank highly in these key analytics, and the NFL odds reflect this prediction. Baltimore is a favorite for AFC futures and is favored in 14 of its upcoming games, despite facing one of the toughest schedules in the league. This challenging slate keeps eight of those 17 spreads within a field goal (-3 to +3).
Will bettors look to back the Ravens again in 2024, or has their performance turned sour? Find out in my NFL picks and Baltimore Ravens 2024 betting preview.
Baltimore Ravens Odds
Win Super Bowl +1000
Win conference +550
Win division +145
Make playoffs -260
Over 10.5 wins -120
Under 10.5 wins +100
Best futures bet: Under 3.5 Divisional Wins (-120)
Life in the AFC North is incredibly tough. Despite the Baltimore Ravens’ success under long-time head coach John Harbaugh, they have a modest 32-28 SU record against divisional rivals over the past decade. This includes a 3-3 SU performance within the AFC North last year, even though Baltimore was significantly stronger than their opponents.
In 2024, Cleveland, Cincinnati, and Pittsburgh have all shown improvement, while the Ravens might face a decline after a historically outstanding season — especially defensively — in 2023. Baltimore is favored in all but one AFC North matchup (+1.5 at Cincinnati), but they have a 16-24-1 ATS record in such situations since 2014.
Baltimore Ravens At A Glance: The Best Of Both Worlds
Even with coordinator Mike Macdonald gone, the Baltimore defense is still expected to remain solid. It will be challenging to surpass last year’s impressive totals of 60 sacks and 31 takeaways, especially given the level of competition. The offense remains formidable, now bolstered by a red-zone threat in RB Derrick Henry.
What Will Secure Bets: The Running Game
I’ve been doing these NFL betting breakdowns for the past few years and I’m pretty sure the Ravens’ run game has been featured in this spot every season. It’s even more impactful in 2024, with Baltimore bowling over opponents with a healthy dose of Derrick Henry and Lamar Jackson.
There are questions about the Raven’s run blocking, after a shake-up on the offensive line, but offensive coordinator Todd Monken knows where his bread is buttered. The ground-and-pound helps Lamar pass, gives the defense downtime, and kills the clock with a second-half lead.
What Will Lose Bets: Defensive Downtick
This isn’t suggesting that the Baltimore defense is weak. Rather, it’s acknowledging that matching the performance of the 2023 defense is nearly impossible, and the expectations for the Ravens’ 2024 betting market are based on those high standards. With the architect and key assistants of that defensive unit having moved on, new defensive coordinator Zach Orr faces a challenging task.
Achieving 60 sacks is an extremely high benchmark. Baltimore isn’t known for aggressive blitzing or pressure rates; instead, they relied on Macdonald’s clever schemes to mask their pressure and coverage. The Ravens also led the NFL in takeaways with 31, thanks to those strategies, and replicating those game-changing plays from season to season is very difficult.
Baltimore Ravens Schedule + Spot Bet: Hit The Ground Running
Baltimore’s slate ranks Top 4 in SOS based on both 2023 win percentage and 2024 projected wins. Eight of its 17 games come against playoff qualifiers and that doesn’t include four AFC North grudge matches with Cincinnati and Pittsburgh.
The Ravens are on their heels out of the gate, starting at Kansas City in Week 1 and continuing at Dallas in Week 3, vs. Buffalo in Week 4, and at Cincinnati in Week 5. Look-ahead lines have Baltimore pegged as a point spread pup only three times and they all fall within this opening stretch.
Under Harbaugh, Baltimore is one of the best underdog bets in NFL history. The Ravens are 55-34-6 ATS when getting points (62%) since 2008, including 19-3-2 ATS (83%) as a dog since Jackson showed up in 2018.
| Week | Date | Opponent |
| 1 | Thursday, September 5 | @ Kansas City |
| 2 | Sunday, September 15 | vs Las Vegas |
| 3 | Sunday, September 22 | @ Dallas |
| 4 | Sunday, September 29 | vs Buffalo |
| 5 | Sunday, October 6 | @ Cincinnati |
| 6 | Sunday, October 13 | vs Washington |
| 7 | Monday, October 21 | @ Tampa Bay |
| 8 | Sunday, October 27 | @ Cleveland |
| 9 | Sunday, November 4 | vs Denver |
| 10 | Thursday, November 7 | vs. Cincinnati |
| 11 | Sunday, November 17 | @ Pittsburght |
| 12 | Monday, November 25 | @ Los Angeles (C) |
| 13 | Sunday, December 1 | vs Philadelphia |
| 14 | Bye Week | N/A |
| 15 | Sunday, December 15 | @ New York (G) |
| 16 | Saturday, December 21 | vs Pittsburgh |
| 17 | Wednesday, December 25 | @ Houston |
| 18 | Sunday, January 5 | vs Cleveland |
Spot Bet: Week 8 @ Cleveland (-1, 45.5)
Baltimore is a short road favorite when visiting the rival Browns in late October. With Halloween just around the corner, this is a scary spot for the Ravens.
Baltimore will be playing the second of back-to-back road games in Week 8 and doing so on a short week after visiting Tampa Bay for Monday Night Football in Week 7.
This trip to Ohio is also the team’s third road game in four weeks, with Baltimore at Cincinnati in Week 5. The Ravens ran into a similar three-in-four jam last season, getting punked 17-10 at Pittsburgh as 4.5-point road chalk in Week 5.
Lamar Jackson excelled in his first year with Todd Monken’s playbook, earning his second MVP title. He attempted a record 457 passes and was intercepted only seven times. This low interception count was largely due to the Ravens’ offense, particularly in the second halves of games. Baltimore rarely played from behind, and Lamar wasn’t often forced into passing situations, as the Ravens had the league’s lowest pass rate at 50.08%.
The 2024 schedule presents tougher challenges, with eight games featuring spreads within a field goal, including several strong pass defenses and aggressive secondaries such as Dallas, the N.Y. Giants, Cleveland, Cincinnati, Pittsburgh, and Buffalo (all of which recorded over 16 interceptions in 2023).
Player projections indicate a significant increase in interceptions for Jackson, with models predicting around 10 interceptions in 2024. At EVEN money, we’re betting that the reigning MVP will throw eight or more picks.
Lamar’s a little loose
| To win MVP | +1500 |
| To win OPOY | +4500 |
| To lead NFL in passing TD | +2800 |
| To lead NFL in passing yards | +6500 |
Baltimore Ravens trend: Bad Big Favorites
As one of the best two-way teams in the NFL in recent seasons, Baltimore is no stranger to piles of chalk.
The Ravens have handed over six or more points 16 times over the past three years and while they’re 12-4 SU in those games, they’ve gone just 4-12 ATS as lofty faves. That includes a 2-4 ATS count as a favorite of -6 or higher in 2023.
This year’s look-ahead lines have Baltimore giving six or more points in five games in 2024.
Baltimore Ravens’ biggest spreads
- Week 2 vs. Las Vegas (-7.5)
- Week 6 vs. Washington (-8.5)
- Week 9 vs. Denver (-10.5)
- Week 15 @ N.Y. Giants (-6.5)
- Week 16 vs. Pittsburgh (-6)