BetMGM will lose mid six figures if the Raiders, 18-1 long shots, win their first division title since 2002. The Kansas City Chiefs are -275 to win the AFC West.
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Raiders coach Jon Gruden has been one of the most profitable coaches for NFL preseason bettors since 2005, going 19-8-2 against the spread.
Pro bettor Jeff Whitelaw has four plays for Saturday, including the Raiders, who are 2½-point favorites against Seattle at Allegiant Stadium.
Pro bettors account for most of the exhibition action, which explains why the preseason limits at sportsbooks are one-tenth of what they are during the regular season.
Quarterbacks are one of the biggest keys to cashing tickets in the NFL preseason. In general, it’s wise to back teams with quarterback competitions.