Falcons vs Packers Smart Money for Thursday Night Football: Live Kalshi Odds & Trends

Esten McLaren - Content Manager at Covers.com
Esten McLaren • Content Manager 17+ years betting experience
Updated: Sep 24, 2026 , 03:53 PM ET • 4 min read

Sharp traders at Kalshi are backing the Packers as the favorite over the Falcons for Thursday Night Football tonight.

Falcons vs. Packers smart money & Kalshi odds. Packers head coach Matt LaFleur questions an official.
Photo By - Reuters Connect. Packers head coach Matt LaFleur questions an official.

Quick facts: The Atlanta Falcons (0-2) visit the Green Bay Packers (1-1) at Lambeau Field tonight for Green Bay's home opener. Kickoff is 8:15 p.m. ET, streaming on Prime Video. The Packers are favored by 5.5 points, down from an opening line of 6.5, with the total sitting at 43.5.

The headline storyline is Atlanta's quarterback change: Michael Penix Jr. has been officially named the Week 3 starter, returning from the torn ACL he suffered against Carolina last November, after Cooper Rush struggled and backup Jack Strand threw an interception on his first career pass last week.

Green Bay, meanwhile, escaped the New York Jets in overtime last week and is dealing with its own injuries on the offensive line and at receiver, including Jayden Reed. The smart money at Kalshi — one of our best prediction market apps — is backing the Packers as the favorite.

Falcons vs Packers smart money at Kalshi

What the smart money tells us

Trusted Kalshi traders are backing the Green Bay Packers, with over 63% of the volume on the hosts to win at Lambeau Field tonight. The Over has also drawn some heavy action from a trader with over $8.5 million in lifetime earnings at Kalshi.

That said, the Atlanta Falcons to win on Thursday Night Football has drawn the largest trade ($1,000) at the time of publish.

Here's how our Joe Osborne is attacking his Falcons vs. Packers prediction tonight by taking the Under 44.5:

Michael Penix Jr. improves an Atlanta Falcons offense that hasn’t reached the red zone, but upgrading from Cooper Rush isn’t exactly a high bar. Atlanta averaged just 20.6 points in Penix’s nine starts last season — barely above Miami’s 25th-ranked 20.4 — and only 16 points per game in five road starts, where his stats fell off a cliff. Good luck at Lambeau in prime time.

Jason Logan has three Falcons vs. Packers player props, while Kyle LaRusic gives his Thursday Night Football anytime touchdown scorer predictions.

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Context: A desperate team is getting its quarterback back

Atlanta is 0-2 and has the worst EPA per play of any offense in the league through two weeks, having not yet reached the red zone this season.

Michael Penix Jr.'s return is as much about stopping the bleeding as anything — his first start in 10 months comes on the road, at a stadium that's historically difficult for opposing quarterbacks, against a Packers defense that just held the New York Jets QB Geno Smith to 27-for-41 passing.

Green Bay enters 1-1 but arguably banged up: QB Jordan Love threw two touchdowns in the overtime win over the Jets but finished with only 145 passing yards, and the Packers will be picking their way through injuries to the receiving corps and offensive line for their actual home opener. That combination — a rested, healthier-than-expected Atlanta defense against a shorthanded Packers offense — is a big part of why the spread has come down as far as it has.

Trading angles

  • The line movement itself is the story — nearly a full 2-point drop toward Atlanta since the Penix news broke is a clean, quantifiable market reaction worth building the piece around
  • Green Bay's injury report (Josh Jacobs, Jayden Reed, multiple offensive linemen) is deep enough to keep this from being the mismatch Atlanta's 0-2 record might otherwise suggest
  • Atlanta remains winless against the spread this season (0-2 ATS), same as Green Bay (0-2 ATS) — both teams have been off the number so far, which cuts against leaning too hard on either side's recent form
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Falcons vs Packers odds at Kalshi

FAQ

What time does Falcons vs. Packers start tonight?

Thursday Night Football kicks off at 8:15 p.m. ET from Lambeau Field in Green Bay, Wis., streaming on Prime Video. 

Who's favored in Falcons vs. Packers?

Green Bay is favored by 4.5 points, with a total of 43 points.

Is Michael Penix Jr. starting for Atlanta?

Yes — Penix was officially named the Week 3 starter, making his first start since tearing his ACL last November. Tua Tagovailoa will be the backup.

Why has the line moved toward Atlanta?

The spread dropped from Packers -6.5 at open to -4.5, largely tied to the Penix news and Green Bay's own injury situation on offense.

Odds are correct at the time of publishing and are subject to change.
Not intended for use in MA.
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Esten McLaren
Content Manager

Esten is the Content Manager for Covers.com. He has been in the sports betting industry since the legalization of mobile sports betting in New Jersey. In writing and personal betting, Esten focuses on golf and the NFL, while dabbling in futures bets across all major North American sports, looking for edges with value picks and long shots. His favorite markets to research and bet include golf outrights and NFL touchdown scorers.

Esten hunts for pricing differences and player skill sets against the opponent (or golf course). DraftKings is his go-to sportsbook and first stop for most betting markets, as it is often first-to-market with golf odds each week and next year's futures odds.

Esten's previous stops include time with GolfWeek. He previously worked in the fantasy sports industry with FNTSY Sports Network, theScore, and USA TODAY, where he started to build his NFL and golf betting experience. Esten graduated from the College of Sports Media with a diploma in Radio and Television Sports Broadcasting. He has appeared on FNTSY Sports Network, VSiN, and VSiN's Long Shots podcast, where he correctly called Will Zalatoris as the winner of the 2022 FedEx St. Jude Championship. An annual staple bet has now hit twice in a row with Rory McIlroy's consecutive Masters wins.

Esten views sports betting much like golf and advises beginner bettors to compete against themselves rather than worrying about what others may or may not be doing based on social media claims.

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