Football season has begun once again and America’s top sport is now upon us. For many people, the NFL remains the number one thing to bet on, especially for those people who believe they can spot a sure thing.
If you’re a person seeking to dip a toe into the world of NFL betting, you may feel overwhelmed. Where do you start? What advice do you need to follow?
Don’t worry! We’ve got you covered. This guide will tell you everything you need on how to bet on NFL.
Single-Game NFL Bets
Single-game NFL betting allows you to wager on the outcome of one match-up as opposed to an entire season. These are often popular for daily fantasy sports (DFS) due to the higher variance. If you’re interested in testing your skills by betting on individual NFL games, read on to learn everything there is to know.
Betting the Point Spread
Point spread bets involve a favorite (-) and an underdog (+) with the bettor wagering on which team will beat the spread. It is a type of bet in which a bookmaker attempts to even the playing field in a sporting event by providing the favored team with a handicap.
This handicap is an advantage given to the underdog team that the betting line believes they need to overcome the favorite to win. This is accomplished by adding or subtracting points from each team’s score in the betting line.
For example, if Team A is a 6.5-point favorite over Team B, the bookmaker believes Team A has a better chance of winning the game than Team B and will subtract 6.5 points from the team’s score and add it to team B’s score.
Therefore, if the final score is Team A 23 and Team B 17, Team B would be considered the victor since, with the handicap added, Team B would score 23.5 points, more than Team A. Point spread bets can be a great way to maximize the returns of a wager, however, it is important to understand and consider all factors before making a bet.
Betting the Moneyline
Money line bets involve the bettor simply betting on who will win the game. It is a type of sports betting in which a bettor chooses the winner of a game without worrying about the point spread.
This type of bet is popular in baseball, hockey, and soccer and is often the most favorable type of bet for the better. This is because the payout for a winning money line bet can be much higher than with a point spread.
To make a Money Line Bet, the bettor selects which team will win the game, and the payout is based on the odds of the game. Money Line Bets can also incorporate money payouts based on alternate point spreads, such as a +1.5 or -1.5 spread. Money Line Bets have the potential to produce large payouts if the bettor chooses the correct winner, and they are a great way to gain an edge in the sports betting field.
Betting Totals (Over/Under)
Total (over/under) bets involve the bettor predicting whether the combined score of the teams will be over or under a predetermined number. It is a wager on the total combined score of both teams in a sporting event.
It is a common sports bet and can be placed on any sport such as basketball, football, or baseball. By betting on the over-under, you are wagering whether the actual combined total of both teams will fall above or below the total set by the sportsbook.
If you place a bet on the over, you are betting that the combined total of the two teams would be more than the total set by the books. On the other hand, betting on the under would mean that the combined total of the two teams would be less than the total set by the bookies. Regardless of which way you choose to wager, you will either win or lose your bet.
Parlay Bets
Parlay bets are a type of sports betting in which a single wager is placed on multiple teams or outcomes. This type of wager allows you to increase the potential payout, as the odds of each outcome are multiplied by one another. However, the tote board, or betting odds, are determined only after all of the selections in the parlay have been made.
It is important to keep in mind that all of the chosen outcomes must hit for the wager to pay off if only one selection is wrong, then the entire bet is lost. Parlay bets are often popular among bettors but can also be incredibly risky, as the potential to lose an entire wager is much higher than regular single-bet wagers.
Other NFL Bets
Betting on the NFL involves researching matchups and betting lines to decide which teams and players are worth putting your money on. Other NFL bets, such as futures and props, offer more flexibility and opportunities to take advantage of.
To bet on these NFL other bets, you’ll need to keep up to date on how certain teams and players are doing. You can also look at the betting lines and compare odds for each team to determine which ones are worth placing a bet on. With this knowledge, you can make an educated decision on which teams and players are more likely to win.
Futures Bet
Futures involve a wager being placed on the outcome of a game or season as a whole. They can be made on anything from sports teams to stocks and can be based on any number of factors. It offers bettors the chance to get in on the action early and can be much more lucrative than straight bets.
However, they come with a lot of risk as anything can happen between the time the bet is placed and the resolution of the event or outcome. Additionally, futures bets offer bettors the chance to vary their betting strategies, something that can’t be done with traditional sports bets.
Props Bet
A Props Bet is a wager that is made on the occurrence of a specific event during a game, match, or race. These wagers are placed on the outcome of a specific event, such as which team will score first in a football game, or how many points will a particular player score in a basketball game. Such bets usually offer more exciting bonuses than a traditional money-line bet.
It may be made on just about any imaginable event, from the coin toss to an individual player’s performance in a particular quarter or the total number of touchdowns for a given team. These wagers provide entertainment for spectators and an additional chance for those placing bets to win additional money.
Be Updated
NFL games are unpredictable and highly competitive, making it necessary to stay informed. Being updated on the latest news, injury reports, line-up changes, and team information are key to confidently placing a wager. Stay up to date with the current NFL rules, including fouls and instant replay challenges.
Having knowledge of the team’s histories, offense and defense strategies, player injuries, and how they match up against one another can help in increasing the bettor’s chances of success.
It is wise to check the odds of the game and follow the spread among multiple sportsbooks. When choosing a sportsbook, look into their sign-up bonus, free picks, banking options, and payout percentages.
Do Your Research
Start by reading up on teams, analyzing statistics, and researching players. Make sure to also look into defensive and offensive match-ups, special teams, and coaches, as they can all play a role in how a game turns out. Be aware of the current standings in the league, as well as recent headlines/facts about the teams.
Make sure to do your research on the teams, players, and coaches to understand their strengths and weaknesses. This will enable you to make informed decisions when wagering.
Be Prepared
Never forget that betting is a gambling activity and it involves a certain amount of risk. Before investing any money, you should be aware that the odds in betting are a gambling activity and it involves a certain degree of risk.
To minimize risks and increase the chances of turning a profit, it is important to do your research on NFL games and to keep track of relevant information. Taking risks can be daunting at times, but as long as risk is taken carefully and in the right context, NFL betting can be an exhilarating and profitable experience.
A Full Guide to Bet on NFL
Learning to bet on NFL has become more mainstream, and a great way to add excitement to football games. With these tips and guides, you can make the most of your experience and be a smarter, more successful bettor. Put these tips and strategies to the test by placing your bets now and start making money today!
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