The NFL is the most popular season of sports betting, beginning in August and lasting just over 17 weeks! At the end of the regular NFL season in December, fans begin preparing themselves for the playoff games, the conference championships, and of course the Superbowl. This is where the NFL gets really exciting! To continue learning about the NFL and sports betting, be sure to check out Betnj.com for the full scoop.
Betting on the NFL:
Betting lines are put up by the Sportsbooks periodically throughout these events. NFL betting lines are displayed on preseason games, regular season matches, the playoffs, and the NFL championship game – the Superbowl.
The Superbowl is one of the most popular betting events in the entire world! There are various ways to bet on the NFL, depending on how much risk you plan to take. Some betting types are low risk but offer low rewards, whereas the higher risk bets offer much larger rewards.
The most common wager is that on a single game. These are referred to as point spread betting. NFL betting spreads display a favorite team which is listed with negative points and the other team which is listed with positive points. The favorite must win the game by at least that amount of points in order for you to collect on the bet. With NFL betting spreads, you will also see the bet amount required in order to win 100, which is usually 110. This would signify that the bet payout ratio is 11 to 10. The sportsbook would make their commission on that 1-unit difference.
Other popular betting types in the NFL are moneylines, parlays, and teasers. A moneyline bet refers to a straight bet in that the payouts involved are directly correlated with the win or loss probability. A parlay is a bet which includes multiple bets combined into one single wager. In order to win the parlay, you must win all single bets involved. This is an example of a high risk, high reward bet. Teasers are a type of parlay wager allowing the bettor to choose from point spread adjustments, improving their betting odds of winning the wager. In return, they opt for a lower payout.
If you are planning in advance and wish to call a bet on the Superbowl champion from the beginning of the season, you can make an NFL future bet. Future bets are risky as well but offer very large payouts.
In conclusion, there are many ways to enjoy placing bets on the NFL – from simple, beginner level bets to more advanced, risky wagers. The NFL betting spreads and betting lines are very easy to find in legal US sportsbooks. All it takes is some knowledge and understanding of how NFL betting works and the options are endless! Check out Betnj.com to continue learning about NFL betting and more!