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How to Bet on NFL Games Online: The Complete Guide
Do you want to know how to place a bet on an NFL game? Our NFL football betting guide got you covered with props, money lines, point spreads, futures, totals, and more.
How To Bet On Football: Betting Lines And Odds for NFL
The point spread, Moneyline, and total are the three most popular football bets made on an NFL game. Let’s take a look at each of these betting categories and how to understand the odds:
Understanding NFL Odds
When it comes to gambling, odds are intended to demonstrate how likely or unlikely a particular outcome is to occur according to each sportsbook. These odds are sometimes expressed as a number preceded by a plus or minus sign.
The larger the number next to the negative (-) sign, the more likely it is that the event will occur.
According to the bookmaker, the larger the number next to the positive (+) symbol, the less likely it is that the event will occur.
A minus sign next to the odds indicates how much money you’ll need to wager to make a $100 profit.
Let’s analyze this example, if the Rams are -125 to beat the Bengals, you’ll need to wager $125 on them for your bet to get in return $225 (your stake $125 plus your $100 profits).
A positive (+) sign next to the odds indicates how much money you’ll make for every $100 you wager.
As an example of this, if the Jaguars are +250 to beat the Saints, a $100 wager on them would result in a $250 profit plus your $100 original stake, for a total return of $350 on this bet.
Unless otherwise noted, you will always get your initial bet and the amount you have earned as part of your winnings.
Betting on NFL Explained
When it comes to betting on the NFL, there are a variety of markets to choose from. We recognize that understanding all of these markets can be challenging, so we’ve broken down some of the more common examples and described them below:
Win Big on Moneyline NFL Bets
This could be one of the simplest markets to comprehend when it comes to NFL games is the Moneyline market.
The Moneyline wager is easy to understand. You get to choose the team you believe will win. Favorites face negative odds, while underdogs face positive odds. The larger the number, the bigger the favorite or underdog in the matchup. It doesn’t matter how many points are scored or who scores them because you’re simply betting on the team you think will win.
Sports Betting on NFL Point Spreads
The most popular way to bet on football is “against the spread.” The point spread is a number determined by oddsmakers that approximates the margin of victory. You can choose the favorite minus the points or the underdog plus the number when picking sides. For your wager to win, the side you choose must cover the spread.
To win a point spread bet, or “cover the spread,” the favorite team must not only win the game but win by a certain number of points (the spread).
Because the underdog is “given” points, the spread encourages equal wagering on both sides. Spreads with half-points attached, often known as a “hook,” are the most frequent. The hook eliminates the risk of a push (or tie).
NFL Over/Under and Totals Markets
When you don’t have a strong opinion on either team, over/under total betting is a fantastic option. Instead of betting on the overall number of points scored, you bet on the total number of points scored. Oddsmakers create an estimated point total based on the attacks, defenses, and other considerations such as weather.
If a game’s combined anticipated score is 52 points, gamblers can choose whether to wager on the final score going Over or Under that total.
There is a vig on both sides of the total, just like there is on point spread betting. On Over/Under betting, most bookmakers utilize a -110 line, which means that for every $1.10 staked, you’ll earn $1, or bet $110 to get $100. It would show Over 52 (-110) / Under 52 on the screen (-110).
You would choose whether the game’s final score will be OVER 52 points or UNDER 52 points as a bettor. So, if the Bills win by a score of 27-30, the total score is 57, indicating that the game went OVER the final score.
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What Are Other Popular NFL Betting Types?
An NFL future bet is a wager on events that may occur before the season’s finish. “Which team will be the Super Bowl champion?” is one of the most popular NFL future bets, but these markets aren’t restricted to which team reaches the pinnacle and wins the championship.
Futures bets are wonderful because they allow you to place bets early on any teams or players you have a hunch about while still allowing you to focus on other types of bets.
When it comes to the NFL, futures betting is a fairly popular way to bet. Here are some of the most popular futures wagers before and during the regular season:
• Super Bowl winner
• Division and conference champions
• Team regular-season win totals
• Playoff and non-playoff teams
• Individual awards like betting on NFL MVP
• Individual statistical accomplishments
• NFL Defensive Player of the Year
The good part of this type of bet is that the odds are usually inflated so the returns of winning a future bet are much bigger. It is worth the wait until the winner is defined weeks or months later.
For example, if you put $100 on the Kansas City Chiefs to win the Super Bowl before the start of the season and the odds are +500, you’ll gain $600, which includes the $500 profit and the $100 original stake. However, because you bet in August, you’ll have to wait until February of the following year to cash in, and your $100 will be locked up until the outcome is known.
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