Mendoza's the rightful favorite because Indiana is undefeated; he's completing 73% of passes, and his 24-3 TD/INT ratio is elite. The fact his number didn't move despite another blowout win shows the market already baked in his dominance. The only reason to hold off betting him now is timing, he's already priced at peak. But in terms of odds, yes, (still) justified.
"A couple times [on Sunday], there was plays that were, I think, really in trouble, and he bailed them out," Harbaugh said Monday. "Probably three of his big plays were plays that he made something out of absolutely nothing. He made a bad play into a great play with the help of his teammates. So, that's Lamar. That's the thing about Lamar that makes him another level as a player."
