With the NFL season in the rear view mirror, we take advantage of the off season to sharpen up our NFL betting skills. Follow along as we go over the NFL betting basics in hopes of helping you find an edge over the odds makers next season.
When the National Football League is in season, all other
sports have to take a backseat in your sportsbook. People go nuts for their
football and when it comes to Super Bowl Sunday, you often won’t find a
heavier-wagered event during the year. The props have become a tradition on its
Take an early look at the 2014-15 NFL Futures and Super Bowl Odds.
However, you should start off with the sports betting
basics and these are the three types of bets you are most likely to see when
you start to wager on NFL football.
If you are looking to spice things up a little when you
are making your bets, you can always wager on the point spread. What you are
doing is betting on a margin that you think the favored team will clear, or
that an underdog can keep a score below. Take for example, you have Green Bay
favored at home by three points over Chicago in a battle of the league’s oldest
rivals. You would see something like, “Green Bay -3” in your sportsbook as the
negative sign is always used by the favorite. On the other hand, you will see,
Your options are betting on Green Bay to win by four or
more points, or you can bet on Chicago to lose by two points or less or to win
outright. If you were to bet on Green Bay but they only won by three, that
would be considered a tie and you would get your stake back. The same goes for
betting on Chicago if they lost by three.
You can also place your NFL picks on the money line, which is a more
straightforward bet than the point spread. Here, you only have to pick a winner:
no scores, just the winning team. However, you will see it written in a
different style from the money. Take two other teams in this example: Denver
and New England. Denver might be at home, so they are favored at -150 to win
this game, therefore, you would see it as, “Denver -150”. This means that you
have to wager $150 to win $100 on Denver as the favorites. For New England, you
would see, “New England +130”, and that signifies that you have to wager $100
to win $130 on the underdogs.
Follow the signs that tell you which team is favored and
which is the underdog and make your pick accordingly. There are no point
spreads to cover, just pick the winning team and watch the funds roll in.
Betting on the total of a game wraps up the basics of NFL
sports betting with another simple concept. That is wagering on the total
amount of points in a game. The sportsbook sets the total for the game and you
have to wager on whether the actual total will go over or fall under the
sportsbook total. For the final example: take Kansas City and Seattle. The
total will be 47 and if they are two defensive teams, the under could be
favored at -140. Therefore, you would see “under -140”. This means the over
would be at +120 or, “over +120”.
The same rules as a money line bet will apply, except you
are betting on the amount of points scored, and not the winning team.