Football has become one of the most popular sports in North America, and betting on it has become an incredibly popular pastime. Of course, like many other forms of entertainment, the excitement of the game and everything attached to it has trickled down to the rest of the world. Bets on the National Football League (NFL) teams come from all over the world. If you want to join in on all of the fun, follow the tips on how to bet on the NFL below.
There are three common kinds of football bets that one can place on an NFL game. These are referred to as the point spread, moneyline or total.
In football, a point spread is a figure created by odds specialists alongside sportsbooks in order to provide either an advantage or a disadvantage to a team. This is based on the expected margin of defeat or victory for that specific team.
When it comes to a point spread, the team most favoured to win will be at the disadvantage as the game will need to be won by a certain number of points. On the other hand, the underdog will be given an advantage to not lose the game by a certain amount of points, or even to win outright.
If you want to place a bet on the team that you think will win the game outright, then perhaps a moneyline bet is right for you. This kind of bet is designed for players to pick a winner. It is also referred to as a ‘straight-up’ bet, given the simplicity behind it.
Typically, moneyline bets take into consideration any skill and talent differentiations between two NFL teams. The odds generally bring about a favourable premium for the team pegged to win as there is thought to be less risk of them losing to the other team, often referred to as the ‘underdog’.
The totals of any NFL game are the projected combination scores of both teams. In other words, the total of how many points were scored throughout the game. This is set by oddsmakers and is based on how the game is anticipated to unfold in terms of scoring. When placing a bet, players then need to determine whether or not the final score will go over or under the set total or prediction made by the oddsmakers.
Naturally, there are various factors that are considered when oddsmakers do their calculations, all of which should be considered by players before they place their bets. These factors include:
- Recent team statistics, both offensive and defensive
- Injury reports to help determine which NFL players will be present
- The last few games played by each team, as well as their outcomes
- Each team’s standing in the NFL.
Betting on the NFL is plenty of fun because it adds an extra layer of excitement to the anticipation, viewing and outcome of the game concerned. Familiarise yourself with these different kinds of bets so that when the time comes, you are ready to place yours.