If you enjoy watching the NFL, then the betting option is certainly a plus for you. You get to earn while enjoying the National Football League. You can do this by staking a sum and predicting a team to win the game or by forecasting the outcome of any activity in the match. It makes the game quite interesting!
There are a lot of online sports betting sites out there. All you have to do is pick what suits you. You’ll also have to consider the games you want to bet on. This is very crucial during the betting process. While speculating on the NFL is the most popular form of football betting, NCAAF betting also offers you an excellent opportunity to make some cool cash.
Different online betting sites offer varied NFL betting options. This ranges from the basic moneyline bets to future wagers. The latter can be complex if you don’t fully understand sports betting terminologies and lingos. Worry not though, this article will put you through all that.
Here are a few NFL betting markets you may come across and how they work:
- Moneyline bet
- Point spread bet
- Prop bet
- Over/under bet
- Futures bet
1. Moneyline bet
If you’re new to NFL betting, this is a good option. All you have to do is pick the winner of the game. You’ll find that each choice comes with an odd. These NFL betting odds are usually expressed as negatives and positives.
The favorites in the NFL bets are usually enlisted as negatives (-100), and the positives are the underdogs. On the positive, it shows how much profit can be made in a $ 100bet. The negatives show how much you’ll need to win $100.
This is a good start for the newbies, and it’s simple and easy. You can start your NFL betting with this option.
2. Point spread bet
This is more complicated than the moneyline bet. Still, it can be considered straightforward. Like the moneyline bet, it involves underdogs and favorites in a stated game.
The point spread bet involves betting by a certain margin. You place bets on a team’s win or loss by a margin. So to win a bet on favorites, they need to win the game by a higher spread point. For the bet on underdogs, they either win or have a small margin loss.
It’s like the moneyline bet and can be easy to understand, especially if you’re familiar with the moneyline bet.
3. Prop bet
The prop bet option allows you to bet on NFL players instead of teams. During an upcoming season, you can place bets based on the success you think a player may receive.
This wager does not involve the game outcome but rather the individual players. The “prop bet” is a short form for the term proposition bet. Prop bets can vary from exact scores to an individual player’s performance.
If you prefer placing bets on players, this is perfect for you. This doesn’t limit you to the team’s outcome.
4. Over/Under bet
This is sometimes called a total. Here, you bet on the combined scores of both teams in the NFL game. Your win is determined if the score exceeds or below a defined number.
The outcome of the game doesn’t concern you. What matters here is the number of points scored in the game. You’ll have to predict the totals of both teams’ scores to win this type of wager. Sometimes, it goes beyond scores. It might be related to some individual actions in the match, such as the number of touchdowns or something similar.
It’s exciting to pick this NFL betting option. All you need to do is bet on both teams’ combined scores or the activities of a team event of player actions.
5. Futures bet
The future bet is simply the literal meaning. It involves placing a wager on a game with an unknown outcome. The NFL games can be quite unpredictable. This makes this option more interesting than the previously listed ones.
You’ll find a lot of options for the futures bet. Although, there are specific future stakes that are quite more popular than others. All you need to do is pick from the lot. The odds for the futures bet are highly determined by the performance of the teams or players.
This is a good option if you look forward to the betting thrill. It will certainly give you the adrenaline rush you desire.
Betting on the NFL can be risky, but that’s common with most types of gambling. The options listed above are some of the most common and profitable markets you can dabble into as a beginner.
However, remember nothing is ever certain, so it’s best to make your bets within your means. You don’t want to lose money and end up in debt. Now that you know what NFL betting options are available, it’s time to begin the fun.