NFL betting can seem extremely complicated to a beginner. But don’t be put off by the jargon. Despite the fact that betting is as old and fun as football itself, terms like money line, point spread, and totals can be confusing. Let us make NFL sports betting easier for you by simply explaining the above terms.
Money lines
An NFL bet can be placed on which team will win, who will win, and by how much, or what the combined total of the two teams will be. A money line only gives the odds of who will win.
It is best illustrated with an example. Suppose it is a game between teams A and B. A money line on a betting site or with a bookmaker shows you
+160
B-180 The “-“
sign in front of a team indicates that the team is the favorite, while the “+” sign indicates that the odds are against them. NFL bets are calculated on a hundred. What the above numbers mean is that those who bet on team A risk $100 to win $160, while those who place a bet on team B risk $180 to win $100.
Point spread
In a game where the teams are unequally even and the odds weigh heavily on one side, bets are placed on that team. No bookkeeper will want that, especially with an opportunity as lucrative as NFL betting. A point spread is a system where the odds are determined not only on which team will win, but also on how many. For example, a match between teams A and B says: “
A -5
B +5″
This means that team A has a better chance of winning, but they must win by 5 points or more to do so. A bet on team B wins if the team loses by 4 points or less.
Totals, either above or below
If teams A and B are playing and the total score point is set at 40, an over bet wins if the combined score is 41 or more, and an under bet wins if it is 39 or less. If the total is exactly 40, it is called a draw and you get your money back.
The three most popular types of bets in NFL betting have been explained above. Bookies have also introduced more nuanced betting with parlays and teasers. Both are bets placed on money lines and spread odds for a combination of 2–7 teams, where if a set fails, the entire bet will fail. Teasers are different from parlays. The first gives a bettor the freedom to move a point spread for a given game in favour of either team. These types of bets are usually played by experienced gamblers.
Two rules of thumb for beginners
Bet Small– No matter how tempted you are, as a beginner, stick to betting an average of 2.5% of your initial bankroll per bet.
Check The odds- Online NFL betting has made this really easy. Most betting sites show their odds on the homepage, so it’s very easy to compare. Typically, NFL odds are nearly identical across all sites; however, a difference of one or two points can mean the difference between a win and a loss.
NFL betting adds to the excitement of the game. With patience, discretion, and self-control, you can add profit to the fun of an NFL season.
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