Steelers Favored Over Colts in Week 5 Despite Browns Loss
steelersdepot · October 4, 2026
Key takeaways
- Steelers opened as 2-point favorites over the Colts in Week 5 despite falling to 2-2 after a loss to the Browns.
- The Colts beat Washington 30-13 in London, but the win was carried by Jonathan Taylor's two rushing touchdowns rather than a strong overall offensive performance.
- Indianapolis will be without WR Alec Pierce, thinning an already struggling passing game that leans heavily on TE Tyler Warren.
Steelers Still Get Respect From Vegas
The Pittsburgh Steelers just dropped a gut-punch of a game, losing 27-24 to the Cleveland Browns on Thursday Night Football to fall to 2-2. Normally a loss like that — especially a divisional one on national TV — might shake oddsmakers' confidence. Instead, the Steelers opened Week 5 as consensus two-point favorites over the Indianapolis Colts.
That tells you something about how the betting market views both rosters right now. It's not about who's hotter coming in — it's about who has the better overall talent on paper, and Vegas is siding with Pittsburgh.
The Colts' Win Wasn't As Clean As the Score Suggests
Indianapolis moved to 2-2 with a 30-13 win over the Washington Commanders in London, but the final score flatters the performance. The Colts' offense started slow, QB Daniel Jones didn't exactly light it up, and the team only managed 257 total yards. What bailed them out was RB Jonathan Taylor, who punched in two rushing touchdowns, plus a defense that forced two turnovers.
It's been a wild ride for Indianapolis so far this season — they got blown out by the Baltimore Ravens in Week 1, battled the Kansas City Chiefs to the wire before losing in overtime in Week 2, and now have back-to-back wins to even their record.
Why the Line Favors Pittsburgh
Despite the Steelers' own offensive inconsistency and a tough loss to Cleveland, the numbers suggest Pittsburgh still holds a talent edge, especially with the Colts banged up. Indianapolis will reportedly be without WR Alec Pierce, leaving TE Tyler Warren as the top weapon in a passing attack that's already been shaky through four weeks.
Jonathan Taylor remains the engine of the Colts' offense, and if he gets going early, Indianapolis has a real shot at an upset. But with Pittsburgh's defense and a receiving corps missing key pieces for Indy, the market is leaning toward the Steelers bouncing back at home (or wherever this one is played) and righting the ship after a tough Thursday night setback.
What to Watch
Keep an eye on how the Steelers' offense responds after the Browns loss, and whether Taylor can carry the Colts again without more support from the passing game. This spread could shift throughout the week depending on injury news and public betting action, so it's worth checking back before kickoff.
Why it matters
For fans tracking the AFC playoff picture and bettors eyeing Week 5 lines, this matchup shows how oddsmakers value roster talent over recent momentum. It's a good early look at whether Pittsburgh can stabilize after a tough primetime loss.
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