Sportsbooks are already downgrading the Jets’ season-long outlook after a disappointing opening performance against the 49ers on Monday night.
They opened at 25/1 and were bet down as low as 19/1 at FanDuel prior to Monday’s game, even becoming preseason AFC East favorites.
A one-sided 32-19 loss to the 49ers resulted in sportsbooks moving moving them down to 22/1 and being leapfrogged by the Miami Dolphins and Cincinnati Bengals, each at 20/1.
Ironically, the Bengals received the largest (non-injury related) correction in odds after Week 1, moving from 13/1 to 20/1 after looking like a shell of themselves in a loss to the Patriots as eight-point favorites.
The Packers moved from 16/1 to 30/1 due to Jordan Love’s injury.
Robert Saleh’s team now has the 11th-best odds in the NFL to win the Super Bowl.
The Jets also lost its stranglehold on favorite status in the AFC East, now having the third-best odds in the division at +190 on BetMGM, down from +160.
The Bills and Dolphins have usurped them with odds of +180 each, as the other three AFC East teams each emerged with victories in Week 1.
It’s not the start Saleh was hoping for, particularly on the defensive end, where the run defense allowed backup running back Jordan Mason to rush for 147 yards and a touchdown on 28 carries.
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Clearly, the sportsbooks have more cause for concern for the Jets after the tough start.
A disappointing Jets season would be strong for the sportsbooks, as the Jets to make the playoffs wager (-155) has accrued the second-most money in the “to make the playoffs” market at BetMGM.