This year the NFL season is expected to be one of its kind. Last year, the entire sports industry in the US was shut down due to the pandemic. So this year, the game seems to come back stronger with some fantastic opportunities for enthusiastic bettors wanting to put their bets on the NFL games.
Understanding NFL Betting
There are plenty of sportsbooks offering odds and NFL betting action. All good NFL betting sites offer odds, Moneyline, spread, and over/under bets for the Super bowl and other regular-season games.
However, not all betting sites are equal. Some football betting sites provide attractive bonuses, wagering options, and others offers easy payouts and seamless withdrawal options. Bettors have to decide the preference and go ahead with their betting mechanism.
Along with the point spread and the over/under, there are numerous other odds. There are a plethora of NFL betting options that include NFL money lines, first-half and second-half NFL betting lines and spreads, Future odds, and more.
A Point Spread is the favourite betting option among pro betters and amateurs alike. Known by the name line and the ‘betting sides’, it is often assumed that sportsbooks set the pro football spread as a winning number.
A point spread is for an oddsmaker to make a matchup between two unbalanced teams to balance them by giving points to or taking points away from each team.
The favourite, denoted by a minus (-) sign, will have a given number of points taken away from its final score, while the underdog, denoted by the plus (+) sign, will have the same number of points added to its final score. Although, the number that oddsmakers predict is a good balance between those who bet the underdogs and the favourites.
A negative number say (-11.5) alongside a team depicts that 11.5 points have to be deducted from the team’s score to determine whether they have won or not. On the other hand, a (+11.5) alongside a team means that the underdogs are leading with 11.5 points, even before the game begins. The favourite must win by 12 points or more to cover the NFL spread. The underdog can lose by 11 points and still cover the spread.
Those who understand the value of money line betting, especially in long bets, will place their NFL bet only on these lines. In this form of betting, the team needs to win the game straight up, without any need of counting the number of points. The juice is the only number that matters in NFL Moneyline betting with an underdog (+120) and a favourite being(-140).
For example, if a better pick than a -140 favourite, they have to risk $140 to win $100. To bet on the +120 underdog we mentioned above, sports bettors have to bet $100 to win $120 if the dog wins outright.
In many cases, betting money lines can provide a bigger profit for less risk, thus increasing profits.
Odds Over / Under
NFL OVER/UNDER Betting is the ‘Total’ is the total amount of points scored by both the teams combined. The sports bettors have to predict whether the number will go above or lower than the ‘Total’. Total betting is very popular in NFL betting when the point is very tight or the match is moving in one direction. Weather can play a significant role in Total betting as it could sway the total in a different direction, changing all prediction parameters.
Additional Betting Odds
Apart from the basic betting odds, there are two additional betting options: NFL prop Bets and NFL futures bet. It is important to understand these betting odds well as these lines vary a lot in different sportsbooks.
NFL Prop Bets
Bettors can find a wide array of options among prop bets on different sportsbooks. A Prop Bet is a wager on the game, unrelated to the result of the game.
Example: first team to score, who will score on the first touchdown, and more.
Future bets refer to bets that will occur in the distant future. It is easy to guess the most common NFL future bet. “Which team will win the Super Bowl” is the most common NFL future bet. Sportsbooks release these odds just after the Super Bowl and the lock-in period remains to be 52 weeks of the year. Odds on future lies vary greatly, so there is a lot of scopes to identify a value bet way before the event.
Parley bets combine two or more bets in a single NFL game.
Live NFL Betting Wagering During the Live Game
Live betting is one of the most exciting aspects of NFL Betting. Bettors can bet on a variety of game options during the gameplay. Football sites offer a sports bettor to bet on the final results of the game, the next play, and this form of online betting is also known as in-play betting. Draftkings sportsbook offers one of the best live-betting experiences.
NFL Betting Tips
• Bettors should never bet with emotions, they should bet with their brain. If they prefer a team and it is losing, take the other side of the football bet.
• Use a safe trustworthy NFL betting site – there are NFL betting websites that we recommend.
• Read the terms and conditions before accepting any welcome bonuses or rewards.
• Bookmakers define odds and create the lines for a reason. They take references from previous games to determine the best possible outcome.