NFL Week 5 betting odds, picks, tips - What to look for in Bengals-Ravens and more

Week 5 of the 2022 NFL season kicked off Thursday night with the Indianapolis Colts pulling out a 12-9 victory over the Denver Broncos. Hopefully Sunday we'll get a little more excitement. We have several division matchups, culminating Sunday night with the Cincinnati Bengals visiting the Baltimore Ravens.

But what does all this mean from a betting perspective? And what are the best plays to help you make smart wagering decisions?

Betting analysts Doug Kezirian, Tyler Fulghum, Joe Fortenbaugh, Anita Marks and Erin Dolan, fantasy and sports betting analysts Eric Moody and Andre Snellings, ESPN Stats & Information's Seth Walder and Football Outsiders' Aaron Schatz offer insight into the games with tips and picks.

Note: Lines from Caesars Sportsbook unless otherwise indicated.

Schatz: There's a lot of parity in the league this year. Fourteen teams are now 2-2 (plus Denver, which was 2-2 before Thursday night). Don't let that confuse you into thinking all 2-2 teams have played the same. There's a big difference between Baltimore's 2-2 and Arizona's 2-2. It's reflected in the line, and you need to be smart about it in the way you place bets.

Walder: Just something to keep an eye on, but there has been a very slight shift in the balance of power between run and pass thus far this year. Designed rushing efficiency is at an all-time high in our dataset — which goes back to 2006 — at 4.24 yards per designed carry. Yards per designed pass are down just slightly from last year (6.30 to 6.24). It's just worth keeping in mind as we try to forecast how often — and how well — teams decide to run.

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Schatz: This is a close one, but if I have to choose