Books Show Mild Conviction on Denver Despite Flat Total Pricing

December 18, 2025
Written By Seth Davis

Books Show Mild Conviction on Denver Despite Flat Total Pricing

The Jaguars travel to Mile High where the Broncos are laying three points in what appears to be a market with mixed signals. Jacksonville enters as a road underdog with their season trajectory largely determined, while Denver fights for playoff positioning in a competitive AFC West.

Without historical line movement data, we’re reading the current juice distribution as our primary market signal. The spread shows Denver priced at -115 while Jacksonville sits at -105, indicating books are slightly encouraging action on the road dog. This asymmetric pricing suggests modest book conviction on the Broncos covering.

The total presents a different story entirely. Perfect symmetry at -110/-110 on the 46.5 signals genuine uncertainty from the market makers. Books appear to have no strong directional conviction on pace or scoring, creating what amounts to a coin flip pricing structure.

The moneyline differential tells a more compelling story. Denver’s -172 price creates a significant gap to Jacksonville’s +144, indicating books view this as more than a field goal game in terms of actual win probability. The spread-to-moneyline relationship suggests the market sees Denver as clearly superior but questions their ability to cover a relatively short number.

Team totals provide additional context, with Jacksonville priced at 21.5 and Denver at 24.5. The slight juice favoring the under on Jacksonville (-113 under vs -113 over) hints at skepticism about the visitors’ offensive output in challenging road conditions.

-3.5 -110 -108 42.5 o-110 u-110 -125 +105 -3.5 -110 -108 42.5 o-110 u-110 -125 +105

The Rorschach

This market screams uncertainty disguised as mild conviction. Books are showing enough confidence in Denver to price Jacksonville as the juice favorite on the spread, but their flat total pricing reveals they have no strong read on game flow or tempo. The moneyline gap suggests they believe Denver wins outright more often than the spread implies, but aren’t confident enough in a blowout to move the number higher.

The tell here is the contradiction between the spread juice (favoring Jacksonville action) and the moneyline gap (showing Denver conviction). When books send mixed signals like this, it typically indicates they’re managing different risk exposures rather than expressing a clear game opinion.

Watch for any movement toward -110/-110 on the spread, which would confirm book uncertainty. Conversely, if Denver’s juice moves more negative while the line holds, it would signal growing conviction despite public Jacksonville action.

WagerBird Terminal tracks these juice movements and contradiction signals in real-time, identifying when mixed market messages resolve into actionable conviction plays.

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Book Jaguars Broncos Total Offer
FanDuel
+3 (-105)Best
-3 (-115)
46.5 (-110/-110)
Bet $5, Get $300
Caesars
+3 (-107)
-3 (-113)
47 (-109/-112)Best
Double Your Winnings
BetMGM
+3 (-110)
-3 (-110)Best
46.5 (-115/-105)Best
Up to $1,500 Back
Fanatics
+3 (-105)
-3 (-115)
46.5 (-115/-105)
$2,000 No Sweat Bets

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