Bears vs Colts Picks & Predictions for Week 3: Bearing Down

It's been a rather rough start to Caleb Williams' NFL career, but our NFL expert Neil Parker believes this is a winnable game for the Bears as they take on a Colts team lacking identity.

Neil Parker - Analyst at Covers.com
Neil Parker • Betting Analyst
Sep 20, 2024 • 11:00 ET • 4 min read

NFL

Match starts: 47 hrs
IND
64 %
CHI
36 %
Read Analysis
Caleb Williams Chicago Bears NFL
Photo By - USA TODAY Sports

All eyes will be on the pair of dynamic quarterbacks for the Chicago Bears and Indianapolis Colts, as Caleb Williams and Anthony Richardson are both looking to put it all together and show off why they're billed as the future of their respective franchises.

My Bears vs. Colts predictions call for Williams to be the better of the two and help us cash our NFL picks for Sunday, September 22. 

Bears vs Colts prediction

My best bet
Bears moneyline (+105 at BetMGM)

My analysis

The Chicago Bears head to Lucas Oil Stadium with a 1-1 record, and we can definitely say two things about them through two weeks: the defense is good, and rookie quarterback Caleb Williams hasn’t been.

The Bears' stop unit has impressed with ranks of first in pass-rush win rate and second in run-stop win rate while also holding opponents to the fourth-lowest EPA per play. Their four takeaways are tied for fourth, and of course, Indianapolis Colts QB Anthony Richardson has already thrown four interceptions and added two fumbles that luckily didn’t result in additional turnovers.

Turning to Williams, a Week 3 date with the winless Colts is an opportunity for him to take another step forward against the weakest defense he’s faced yet. Indianapolis ranks 30th in defensive DVOA while allowing the sixth-highest EPA per play, and the Colts haven’t been able to generate a consistent pass rush with 26th-ranked pass-rush win rate and 28th-ranked pass-rush grade, per PFF.

Chicago protecting its franchise quarterback will be the key because Indianapolis has also surrendered the highest catch percentage to wide receivers (77.4%) and quarterbacks have tossed for the eighth-highest yards per attempt (7.74).

Considering how much better Chicago’s defense has been through two weeks, it’s not out of the question to suggest the Bears would be the favorite if Williams had shown more in his first two games, either. I expect his best game yet, and to be in winning fashion on Sunday.

Bears vs Colts same-game parlay

Bears moneyline

Caleb Williams Over 212.5 passing yards

DJ Moore Over 64.5 receiving yards

As discussed, Indy checks out as an excellent matchup for the Chicago passing attack. Bears No. 1 wide receiver DJ Moore has been the go-to option for Williams, and the duo have connected for 11 receptions and 89 yards on 18 targets through two games. While those aren’t standout numbers, Moore has garnered a 28.6% target share and played 92% of Chicago’s offensive snaps. 

Simply put, when Williams and the Bears' vertical attack takes off in Week 3, Moore is also going to be a major reason why.

Learn how to bet a same-game parlay with these helpful tips and strategies.

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Bears vs Colts odds

Bears vs Colts live odds

Bears vs Colts opening odds

  • Spread: Chicago +1.5 | Indianapolis -1.5
  • Moneyline: Chicago +104 | Indianapolis -117
  • Over/Under: Over 42 | Under 42

Odds courtesy of BetMGM

Bears vs Colts spread and Over/Under analysis

  • Pinnacle hasn’t moved off its opening Colts -1.5 spread despite taking back-and-forth action on both teams.
  • There has been movement at bet365, though. The shop had a look-ahead line of Indy -2.5 before reopening at -1.5, and bet365 has also tested both Colts -2 and -1 before returning to the -1.5.
  • This total has climbed from the opening 42.5 to 43.5 at Pinnacle, and the Over is carrying the higher vig as of Thursday evening.
  • There was more movement at bet365 with the look-ahead number at 46.5 before the shop reopened at 46. The number dropped all the way to 42.5 before climbing back to 43.5.

Bears vs Colts betting trend to know

The Chicago Bears have hit the moneyline in 12 of their last 21 games (+5.50 Units / 20% ROI). Find more NFL betting trends for Bears vs. Colts.

Bears vs Colts game info

Location: Lucas Oil Stadium, Indianapolis, IN
Date: Sunday, 9-22, 2024
Kickoff: 1:00 p.m. ET
TV: CBS

Bears vs Colts latest injuries

Bears vs Colts weather

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Betting Analyst

Neil Parker is, first and foremost, a sports fan. A huge supporter of the Cowboys, Cubs, and Maple Leafs, he has managed to parlay his passion into writing gigs with Sportsbook Review, USA TODAY, theScore, DraftKings Playbook, and RotoWire, among many others. He also co-hosted the Daily Fantasy Edge podcast and can now be seen offering expert golf and hockey advice on Covers’ Before you Bet broadcast.

Neil takes a numbers-based approach to his handicapping and complements his in-depth statistical analysis with a keen eye on the markets to provide the best available odds. He loves to lean on his rolodex of idioms to offset his inner nerd. When it comes to wagering, he throws down on anything that catches his eye at bet365, Betway and BetVictor. He also keeps a close eye on CoolBet because the polar bear brand often has outlier NHL and NFL moneyline prices.

Neil graduated with honors from St. Thomas University in 2007 before completing his BEd at Acadia University in 2010. After teaching a myriad of courses and subjects, he found a groove delivering fun lessons to exceptional learners in non-traditional classroom environments. If his decade-plus teaching run taught him anything about sports betting, it’s to stay the course and use the summer – or offseason – to refresh and prepare to be better in the year to come.

Neil’s top pieces of advice for recreational bettors are to stay within your means and to remember sportsbooks aren’t bank accounts. Don’t be afraid to pull those winnings and treat yourself to a lifetime experience courtesy of a big win.

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