This looks like it has great value and nice hedge opportunities ahead.  I see the Ravens being the 5 seed and Jets as the 6 seed as wildcards.  I believe hedge apportunities will come about since the Ravens should not be underdogs in any of their playoff games, by more than 3 points. 

1st round playoffs - Ravens will likely face the Colts.  Although you can never count out Manning, I think the Ravens will control this game from the beginning.

Then, in the 2nd round, I see the Ravens facing the Patriots.  Everyone is on Brady to take the Pats to the Superbowl.  However, from the last two matchups with the Ravens and Pats, Ravens won the 1st won and in the 2nd matchup were up 20-10 in the 4th quarter and then blew it.  I like the Ravens chances here.

Finally, in the last game, here is where I would hedge my bet.  I think the Ravens play the Steelers (again) and the winner (Ravens or Steelers )will win by 3 points. 

Thanks for considering this opportunity.