Are The Cowboys Overvalued by Oddsmakers?

America's Team has been getting the benefit of the doubt for a number of years. The Dallas Cowboys have not won a Super Bowl title since 1995. Since that point, they have failed to advance past the Divisional Round of the playoffs in 10 trips to the postseason over the span of the past 24 NFL seasons. Yet, the Cowboys remain one of the most popular sports franchise in the nation.

Team owner Jerry Jones finally parted ways with Jason Garrett as the head coach of Dallas after a 10-year run. Former Green Bay head coach Mike McCarthy takes over the reins heading into the 2020 season and once again expectations are running high in Big D. They will open the season on the road against the Los Angeles Rams as 2.5-point favorites on the opening line out of Las Vegas.

Dallas is a slight +110 favorite to win the NFC East over the Philadelphia Eagles (+115). The Cowboys' odds to win the 2020 NFC Championship at America's Bookie online sportsbook are set at +1000 which is fourth on the list after San Francisco, New Orleans and Tampa Bay. Moving to the NFL futures odds to win Super Bowl LV, they are sixth on that list at +2000.

The Cowboys' projected win total is 9.5 with the odds favoring the OVER at -155. Since 2010, they have won at least 10 games a grand total of three times. The odds they make the playoffs are set at -200 coming off an 8-8 record last season. McCarthy had a fairly successful run in Green Bay but the bar is raise a bit too high heading into his first season at the helm.

The overall popularity of the team has more to do with those lofty odds than its actual chance to make good on any of those bets. Most sports bettors are creatures of habit by nature. They tend to bet their money on what they want to happen as opposed to relying on stats, facts and past betting trends. All the sportsbooks know this and they set the betting odds accordingly.

At this point in the offseason given the additions and losses to the Cowboys' overall roster, they set themselves as a great team to fade when Week 1 rolls around against the Rams. The UNDER on 9.5 wins at +125 is a value play and I love the plus money at +170 odds to miss the playoffs. Just because you want something to happen does not mean it will.

Can The Dallas Cowboys Live Up To The Sportsbook Betting Hype?