Week 1 brought many surprises as it always done, but perhaps the biggest surprise of all was that underdogs had an all-time great day against the spread in Week 1, covering in 12 of 16 games and winning outright in nine of those matchups. The week began with the Cowboys nearly pulling off the upset against the defending champs and closed with Monday night's wild Raiders win in overtime.

Now comes the tough part for bettors: separating the real from the outlier in terms of evaluating Week 1. Did the Saints' blowout win over the Packers represent the true value of each team? Remember, the Saints went into Tampa and blew out the Bucs in the middle of last season, and Tom Brady's squad turned out to be just fine. Last year, the Jaguars were assumed to be terrible but came out and won in Week 1 (before confirming everyone's priors). Will the Texans follow the same script, or should we adjust their power rating upward?

I've analyzed every Week 1 performance and made adjustments to my own power ratings. Week 2 is known for the market overreacting to what it saw in Week 1, and while I try not to be too aggressive with my ratings adjustments, I also know that I'm not going to be 100% correct on how I've rated every single team entering a season. So read on to see my rating for all 32 teams, plus where I think the lines present the most value early in the week.

Which lines are several points off their power rating projections for Week 2? And which teams are being undervalued by the market? ... Join SportsLine right now to see Week 2 power ratings from the expert who finished 2020 on an outstanding 80-59 run on NFL picks!