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NFL Week 5 betting: 5 biggest storylines, including the Bears as a road favorite at Green Bay

Week 5 of the NFL brings a mix of historic matchups and underdog momentum as betting markets react to early-season trends. The Chicago Bears are poised to make history as the first road favorite over the Green Bay Packers at Lambeau Field since 2006, entering as 2.5-point favorites in a rivalry that has shifted dramatically with the Bears' recent resurgence.

Their back-to-back wins, including a late-season playoff victory over Green Bay last year, have redefined the dynamic, while the Packers' struggles this season have left them vulnerable. Meanwhile, the Las Vegas Raiders remain the only undefeated team against the spread, covering a 4.5-point underdog win over the Kansas City Chiefs in Week 4 despite falling short in the final score.

Their 3.5-point underdog status against the New England Patriots—reigning AFC champions—reflects the betting market’s confidence in their consistency, even as they face an early East Coast start against a formidable opponent.

The underdog narrative continues to dominate, with seven teams pulling off straight-up wins last week, though only two double-digit underdogs succeeded. Five teams, including the Texans, Eagles, and Buccaneers, remain winless against the spread, marking a concerning trend for survival pool participants.

The Eagles and Bucs face long-shot opportunities this week, with Philadelphia as a +6.5 underdog in London against the Jaguars and Tampa Bay as an 8.5-point underdog at Dallas. Meanwhile, the Raiders’ ability to cover spreads consistently—despite not beating the Chiefs straight-up—highlights their resilience, while the Bears’ road favorite status underscores how quickly rivalries can evolve in a single offseason.

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