After years of criticism that their NFL team name is offensive, the Washington Redskins may finally be looking to make a change. The Washington professional football team, owned by Dan Snyder, recently announced it plans to do a thorough review of the term “Redskins” and sportsbooks have already released betting odds on potential new names for the franchise.
The best football betting sites have compiled a list of 12 names that bettors can wager on, with “Presidents” currently the betting favorite at +300. One of the next options at +400 is “Generals,” which is the nickname of the basketball squad that used to get routinely pummeled by the Harlem Globetrotters.
While we’re still in the preliminary stages in terms of whether the Washington NFL team name will change or what it could potentially be called, ESPN NFL Insider Adam Schefter’s latest tweet seems to imply that it’s not a matter of if, but when:
In the meantime, here are the full betting odds on what the next team name of the Washington NFL franchise will be:
Odds as of July 3 at BetOnline
Understanding Washington Name Change Prop Odds
When you check out your sportsbook of choice for NFL betting props like what Washington will change its team name to, you’ll see prop odds that look something like this:
To bet on these odds, you would be making a prop bet – more on that in a bit. In this case, there isn’t a clear favorite, similar to a moneyline or spread bet. When you don’t see odds with a minus sign (-) beside them, then the option with the lowest odds is the fave. The rest are considered underdogs.
If you think Washington will rename its team the Presidents, and you bet $100 on it, you’d get a payout of $400 – you get your $100 back along with your winnings of $300.
Our Odds Calculator will show you how much you’d win based on the odds and amount bet.
What is a Prop Bet?
A prop is a bet on the occurrence or non-occurrence of certain outcomes that may not necessarily determine the outcome of the NFL season. You can make a bet like this as soon as the odds are announced. Oddsmakers will move the lines as news comes out and if you see odds you like, place your bet immediately, otherwise the action could move so much that you’ll barely make a profit or maybe even not make one at all.