Well, l the bettors don't see it that way. History matter I guess, as the Bills are 4th overall at +850 behind only the + 800 Chiefs. Bills are favored to win the AFC title at +375. Patriots are +1800 and +600 respectively, although they are heavy favorites to win division at -250. Broncos are +1600 and +600 respectively. What this tells me is the public perception is that all the AFC upstarts are not really that good, and that when crunch time comes they likely will fold. But those are the odds, so take a stab at some of the new "good" teams in the AFC if your convictions are strong as betting against the Bills could be profitable.
As Josh said right after the comeback over the Ravens: "next time have a little faith." Not much faith among many here, but what the heck, I understand after Miami. But when the Bills play their game, they will be a tough out.