Indianapolis Colts quarterback Daniel Jones (17) sets to pass during the first half against the Los Angeles Rams at SoFi Stadium in Inglewood, California.

The Las Vegas Raiders (1-3) and Indianapolis Colts (3-1) clash Sunday in Week 5. Kickoff from Lucas Oil Stadium in Indianapolis is set for 1 p.m. ET (FOX). Let's analyze BetMGM Sportsbook's NFL odds around the Raiders vs. Colts odds and make our expert NFL picks and predictions for the best bets.

The Raiders have lost 3 straight after a season-opening win at the New England Patriots. They are coming off a 25-24 loss as a 1.5-point home favorite against the Chicago Bears in Week 4 as the Over (48) cashed. RB Ashton Jeanty recorded his first career 3-touchdown game, rushing for 138 yards and a score while adding 17 receiving yards and catching 2 touchdown passes. Las Vegas is 1-3 against the spread (ATS).

The Colts lost 27-20 at the LA Rams in Week 4, their first defeat of the season. They failed to cover as 3.5-point underdogs and the Under (50) hit. QB Daniel Jones had 262 passing yards, 1 TD and 2 INTs. Indianapolis is 3-1 ATS.

The Colts won the last meeting 23-20 in 2023, evening the all-time series at 11-11.

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Raiders at Colts odds

Provided by BetMGM Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated Saturday at 2:25 p.m. ET.

  • Moneyline (ML): Raiders +260 (bet $100 to win $260) | Colts -325 (bet $325 to win $100)
  • Against the spread: Raiders +7 (-115) | Colts -7 (-105)
  • Over/Under (O/U): 48 (O: -110 | U: -110)

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Raiders at Colts key injuries

Raiders

  • TE Brock Bowers (knee) questionable
  • CB Eric Stokes (knee) questionable

Colts

  • CB Kenny Moore II (Achilles) out
  • WR Alec Pierce (concussion) out

Raiders at Colts picks and predictions

Prediction

Colts 27, Raiders 17

Moneyline

PASS.

Avoid this play. The Colts (-325) are far too expensive of a favorite, while the Raiders (+260) haven't shown enough to suggest they can pull off the upset.

Against the spread

BET COLTS -7 (-105).

The Colts offense has been efficient this season, especially at home. It has averaged 31 points through 2 home games and is 2-0 ATS as a favorite and 2-0 ATS at home this season.

The Raiders are 0-3 ATS in losses and 1-2 ATS as an underdog. Their defense has allowed an average of 33 points over their last 2 games, while their offense has yet to score more than 24 in a single contest.

Considering those trends, take COLTS -7 (-105).

Over/Under

BET UNDER 48 (-110).

Both teams are 2-2 O/U entering Sunday.

The Raiders have allowed more than 25 points just once this season and are 1-2 O/U as an underdog. They are averaging 15.5 points per game as an underdog of 3 or more points.

The Colts are allowing just 18 points per game at home this season and are 0-2 O/U when the total closes above 43. Back UNDER 48 (-110).

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This article originally appeared on Sportsbook Wire: Las Vegas Raiders at Indianapolis Colts odds, picks and predictions

Reporting by Nathan Beighle, Sportsbook Wire / Sportsbook Wire

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