The National Football League season is about to start. Many people enjoy betting on games as much as watching them. If you are new to wagering, here’s a beginner’s guide to NFL betting.
Our guide covers various NFL betting types. You can use the tips when you bet on football. Thus, we provide a tutorial to help you understand the terms and improve your win rate over time.
Guide to NFL Betting
The first NFL betting type you need to know about is single-game NFL bets. They include moneyline bets, totals bets, and point spread bets. Also, point spread is the most popular NFL football betting option. The spread is the bookie’s way to balance the line. To cover the spread, the favorite needs to win the game by the specified number of points.
Moneyline is the easiest wagering type to understand. It is as simple as choosing the team that will win the game. Then, the betting odds dictate the bookie’s implied probability and the potential payout.
Lastly, there are the totals. When betting on totals, you don’t care about which side wins the game. Instead, you only need to know how many points both teams will score at the end. Also, this wagering type is known as over-under wagering.
You can also engage in multi-game wagers, which are parlays and teasers. Parlays are wagers involving a single event. For instance, you want to bet over and that the team will cover the spread. Also, you might want to bet on the team to win the game.
On the other hand, a teaser is a parlay where all wagers are the total or against the spread. You sacrifice the potential winnings in favor of more favorable spreads. Some sportsbooks give several teasing options. However, you are getting lower payouts because you are getting favorable spreads.