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How to Bet on NFL Football

The NFL has risen to the front of the line in popularity and one of the main reasons for its success is betting. NFL can be found everywhere from newspapers, computers, and on the ticker on ESPN. The reason pro football is so popular is because there are only 32 teams in the league, teams play just one game a week and many games can be found on free television. Playing only once a week makes it much easier to follow a team since NFL is not an everyday event such as baseball and basketball.

The NFL has long since supplanted baseball as “America’s sport” and for good reason when considering NFL and College football teams play once weekly which in the end lends credence to the saying of “absence makes the heart grow fonder”, however, in the big picture one of the predominate reasons for the popularity of football centers around how easy it is to understand how to bet on NFL Football:

Looking for a Reputable Sportsbook or Online Casino

Like any other gambling business the sportsbook or online casino takes a percentage of the money gambled in order to make a profit. This percentage, sometimes called “juice” is what the sportsbook charges to provide a legal gambling service. For NFL or College football betting, the sportsbook generally pays winnings that are less than the full amount of money bet by someone that gambles on the game.

Let’s say you make a winning bet for $100, the online casino or sportsbook will pay you $190 in winnings. These winnings consist of the original $100 that you wagered plus $90 from a $100 losing wager made by another gambler. The online casino or sportsbook will take the $10 for providing the betting service.

Bet Your Team

There are numerous ways to make a bet on an individual NFL football team. Each of these methods involves odds that pep up an equal amount of money to be bet on each team.

For the ”Point Spread” bet, you will see (+) or (-) signs listed after the team names.

  • Cleveland: -13
  • NY Jets/Dallas: +13

 
In the above game line, if you bet on Cleveland to win, they must beat NY Jets/Dallas by more than 13 points in order for you to win the bet. If you bet on NY Jets/Dallas , you would win the bet as long as they lose by less than 13 points.If the game ended with exactly a 13 point spread, then neither bet would win and each better would get their original bet back. In order to prevent this from occurrence, odds are sometimes expressed in ½ points.

For “Money Line” bets you will see dollar amounts listed after the team names.

For example:

  • Cleveland: -150
  • NY Jets/Dallas: +200

 
In the above game line, if you bet $150 on Cleveland and they won, you would win $250- that’s from $150 from your original bet and $100 of winnings.On the other hand, If you bet $100 on NY Jets/Dallas and they won the game, you would win $300- that’s from $100 from your original bet and $200 of winnings.The purpose of Money Line bets is that you can concentrate on picking the winners and losers of games without worrying about your team “beating” the point spread.

For ”Over/Under” bets you will see dollar amounts listed after the team names.

For example: Cleveland/ NY Jets/Dallas: 45

In an Over/Under bet you are wagering on the total amount of points to be scored during a football game. Usually the sportsbook or online casino will put out the odds.

Let’s say, the $11 you bet on the Over/Under , you will win $10. In the example above, if you bet the Over and the combined scores of the two teams is 46 or greater, you win the wager. If the combined score is under 45 you lose the bet. The reveres is true if you make an Under bet. In this case you will win if the total combined score is less than 45 and will lose if the combined total is greater than or equal to 45.

NFL Football Betting Types

There are a number of ways that you can bet on a NFL Football game. Some offer low risk with low payouts while others offer high risk with high payouts. When it comes to betting football you need to know all your options. Betting on NFL football can be both fun and financially rewarding if you are informed. If you are truly interested in finding the best NFL betting types, below are NFL betting types to consider before placing your bets:

  • The Point Spread/Straight Bets: the team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered “no action” and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time.
  • Money Line Bets: this type of bet eliminates the point spread and results in you either laying more money on the favorite to win less or a little bit on the underdog which pays more.
  • Parlays Bet: if your the REAL LOW risk type and looking for the enormous payout, this is your bet. You can lay as little as one dollar on a parlay wager and win a ton in doing so. The problem is that every spread you pick has to win. Even one loss puts your parlay card in the garbage can. There is such a thing as a progressive parlay though which allows your par bets to have some losers and still pay out at a reduced amount.
  • Teasers Bet: these are bets that are similar to a parlay in that you have to bet 2 or more teams and both have to cover except these are a bit more fun in that you can add or subtract points from the point spread.
  • Pleasers Bet: this type of bet is like a parlay on steroids. It has way higher payouts than a parlay but is way harder to cash on. Not only do you have to win all your games, you are doing just the opposite of a teaser in that your GIVING AWAY points instead of receiving them.
  • Futures Bet: these bets offer you the ability to pick a team to win the AFC Championship, NFC Championship, Super Bowl or if a team will go over or under the posted season total wins. The Championship odds and Super Bowl odds pay big bucks if you hit them, even the favorites have a great return. The over/under season wins are more likely to be -115 to win $100 as it’s more of a coin flip proposition.
  • Prop/Exotic Bets: more specifically, these wagers usually involve specific events and occurrences that happen throughout any given game.
  • NFL Betting Tips: betting on the NFL can bring a lot of excitement to your sports experience and it can win you a lot of money. This guide will give you some basics tips and info that will put you on the right track to NFL winnings.

Money Management

Money management is important to your success while betting NFL football online, you should be betting the same amount on each game. For this reason, you can easily figure out how much you should bet on each game based on the bankroll that you have.

Your bankroll is the amount of money you have available to bet on sports. Generally a wager of 2 to 3 % of your bankroll is the best idea.

Know the Game

Becoming a knowledgeable bettor will turn you into a winner! If you take the time to study team stats and how different teams play in different conditions you will be on your way to more successful betting. Keep records of your bets, your wins and your lost wagers. Look for trends and follow the information.

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