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NFL Coaching Carousel: Are Bettors Overrating New Hires?

Play the coaching change odds without the hype.

The NFL coaching carousel was active this season, with close to 10 head coaches getting dropped either during the year or right after the final whistle in Week 18.  

Casual bettors think the same way the public does: A fresh face on the sideline becomes a quick upgrade, full of hype on the talk shows and on social, and fans already start thinking playoffs next season. Bettors start adjusting win totals and ATS performance right after the new guy comes in. But the data doesn’t always back up the idea that new hires are automatic upgrades.

Every offseason, multiple teams roll out new head coaches and sell the same soundbites. You could probably take the Over when it comes to hearing words like “accountability”, “culture”, and “excited” at the opening press conference.

That same buzz hits the sports news cycle, since there’s the entire NFL offseason to fill with content. Sure, some changes are needed and they’re legitimately interesting. When a team like the Steelers lets go of Mike Tomlin – only their third coach since 1969 – it is news.

Or when a Super Bowl winning coach like Pete Carroll joins the Raiders, led by Tom Brady in the ownership group, it’s going to make an impact. In Carroll’s case, that impact was a dull thud. He led Vegas to finish 32nd in the NFL last season. More than a few NFL coaching carousel betting fans probably lost out by betting the Over on the Raiders’ win totals and early season odds based on the Carroll hype alone.

Every season, sportsbooks and bettors react by adjusting futures, win totals, and early spreads based on vibes more than proof. The “offensive genius” talk, the idea that the new coach is a QB whisperer or a player’s coach is all put into the hype machine. It all sounds good. It just doesn’t consistently cash.

Since 1989, 45 teams that fired their coach midseason went a combined 135‑151‑6 ATS the rest of the year, or 47.2%. Only 17 of those teams posted a winning ATS record after the move. Those aren’t numbers you can bank on. The next move is usually an early Super Bowl betting mistake or even just an NFL division odds market overreaction for simple bettors. But the smart money doesn’t bite.

A better strategy to navigate NFL coaching changes making an impact on odds? Take a knee. Sit out a few weeks at least. If it’s post-Super Bowl, wait until the draft, and back up your bets with some real data, not vibes.

During the season, you’ll hear about the first game after a coach gets fired like it’s some cheat code for a win the following week. And while there is a bump, it’s usually small and not something you can cash regularly. Teams that fired their head coach midseason have gone 12‑10 ATS in the very next game in one long-term sample. From that point, the edge softens fast as the market adjusts and teams come back to earth. ​

Offseason hires are trickier because you don’t get the emotional, short-term boost. You get months of projection instead. And not every team is the Patriots, going from 4-13 one year to runner-up in the Super Bowl the next season. Mike Vrabel was the new coach who brought in that quick turnaround, but that was against the league’s softest schedule. Nothing bettors can bank on.

That hype is strong every year. The sports media needs fresh content like oxygen, so they’ll be all over every coaching change, often giving it more weight than the team’s roster justifies.

Fans see an offensive coordinator coming from a high-scoring system – say Liam Coen joining the Jaguars or Ben Johnson moving from OC at Detroit to HC in Chicago – and they get pumped. In the Jags’ and Bears’ case, that optimism would have paid off if you bet the Over on their win totals last season. These are exceptions that keep the narrative alive. Brian Daboll went 14‑5 ATS in his first year with the Giants, covering nearly 74% of the time and even winning a playoff game. That kind of NFL coaching change sticks in bettors’ heads for years.

The same hype can exist if the new coach is a defensive mastermind. But those low ppg numbers on his old team don’t automatically translate to wins with the new team.

Moral of the story: be cautious. Those are outliers. Most teams don’t get those dramatic new coach bumps. Daboll is already done in New York. And books don’t fully buy the dream that the fans are into, but they can shade numbers when a new hire lands well with the public. If you have a high-conviction play when a team has an obvious winner like Drake Maye, then maybe you make that bet. But zoom out and the data on coaching changes is much less convincing.
 
Most new coaches fall closer to the 50% ATS mark the next season, with only a handful separating themselves from the pack.

Here’s the issue for NFL betting fans: the market doesn’t wait to see if a coach is one of those outliers. It prices the possibility up front. They often get credit before he fixes anything. A trendy hire from the Shanahan-McVay-Reid coaching tree gets the automatic benefit of the doubt on totals and spreads well before his roster actually proves itself. That means you end up paying a premium for potential.

There are a few angles that tend to hold up, and the smart money sticks to these principles.
Fade early overreaction. We’ve gone over this. Just don’t bet on Day 1 of the new hire. Or even Month 1.

Respect known quantities. Proven coaches – ok, skip Carroll as an example – manage games well and adjust week to week. This isn’t their first rodeo. When one of the proven guys walks into a stable front office with a solid roster, that’s a different story than a first-timer stepping into a rebuild. Even if the latter sounds more exciting.

Separate scheme from situation. A new coach can improve play‑calling and game management, but if the offensive line is still a mess (looking at you, Bengals) or the secondary is thin, the team’s ceiling is probably capped. Fade them, no matter how much you like the coach.

Look to conservative totals. That three‑decade sample on mid-season coaching changes shows teams that made early moves went 66‑48‑2 (57.9%) to the Under. That points to conservative, simplified game plans and a focus on discipline. The new guy wants to stabilize things and plug holes, not get into weekly shootouts.