How To Bet on the NFL
Contents
Get tips on how to bet on the NFL so that you can make some money off of America’s favorite sport.
How To Bet on the NFL
The National Football League (NFL) is the most popular sport in the United States. Football fans travel from all over the country to see their favorite teams play. Some people even travel to other countries to see NFL games.
The Different Types of Bets
There are many different types of bets that can be placed on NFL games. The most common and straightforward bet is the point spread bet. In this type of bet, you simply pick the team that you think will win the game and bet on them to cover the spread. For example, if the New England Patriots are playing the Miami Dolphins and the Patriots are favored by 7 points, you would bet on the Patriots to win by more than 7 points. If they win by exactly 7 points, it is a push and your bet is refunded.
Another common bet is the moneyline bet. In this type of bet, you simply pick the team that you think will win the game and Bet on them to win outright. The odds for moneyline bets are usually -110 meaning you have to Bet $110 to win $100 but can vary depending on how lopsided the matchup is.
You can also Bet on the total points scored in a game (over/under). For example, if the total points scored in a game is set at 41, you would bet on whether you think there will be more or less than 41 points scored in the game.
Proposition bets (or props) are another type of Bet where you Bet on things that will happen in a game other than who will win or lose. For example, you could Bet on whether or not a certain player will score a touchdown in a game or how many yards rushing a certain running back will have.
Future bets are bets placed on events that will happen down the road such as betting on which team will win next year’s Super Bowl or which team will have the most wins in their conference.
Parlays are when you combine two or more bets into oneBet. For example, if you wanted to Bet on both the Patriots and Packers to cover their respective spreads, you could do so in oneBet by parlaying those two picks. The downside to parlays is that both of your picks must hit in order for you to cash out otherwise it’s a loss. The upside is that parlays usually pay out much more than straight up bets because they’re much harder to hit.
Teasers are similar to parlays except they involve moving the point spread or total in your favor before betting. For example, let’s say you wanted to Bet on both Packers and Patriots again but didn’t like their respective spreads. You could tease both of those picks by moving each line 6 points in your favor before placing yourBet(s). So instead of having to lay 7 points with New England, you would only have to lay 1 point while also getting Green Bay at +13 instead of +7 . The trade off here is that both picks must still hit for your teaserBetto cash out and usually teasers don’t payout as much as straight up bets or even parlays because your margin for error is greater with teaserBets .
The Different Odds
Different Types of Betting Odds
There are three main types of betting odds – fractional (decimal), American, and Asian handicap odds. Fractional odds are the most popular type of betting odds used in the UK and Europe, and are very easy to understand. American odds are less common, but still used by some sportsbooks. Asian handicap odds are favoured by many professional bettors, as they offer more value than traditional fixed-odds bets.
Fractional (Decimal) Odds
Fractional odds are the most popular type of betting odds used in the UK and Europe. They represent the amount of money that you will win if you correctly predict the outcome of an event, divided by your stake. So, if you bet £10 on a horse at fractional odds of 3/1, you will win £30 if it wins. The way that fractional odds are displayed can vary from bookmaker to bookmaker – some use a slash (/), while others use a dash (-). However, they all mean the same thing.
American Odds
American odds are less common than fractional or decimal odds, but they are still used by some sportsbooks. They represent how much you need to stake in order to win a certain amount of money. So, if you see American odds of +100, this means that for every £100 you bet, you will win £100 – your stake is returned along with your winnings. Alternatively, if you see American odds of -200, this means that you need to stake £200 to win £100 – only your winnings will be returned to you, not your stake. Positive American odds (e.g. +200) indicate that an event is seen as being less likely to happen than implied by the decimal equivalent (e.g.2/1), while negative American odds (e..g -200) imply that an event is seen as being more likely to happen than implied by the decimal equivalent (e..g 1/2).
Asian Handicap Odds
Asian handicap betting is becoming increasingly popular with professional bettors, as it offers more value than traditional fixed-odds bets. In essence, it gives one team or participant a ‘head start’ or ‘handicap’ in terms of goals or points (hence the name), making it more evenly matched with its opponent(s). For example, in an Asian handicap bet on a football match between Manchester United and Chelsea with handicaps of (-1) and (+1) respectively, Chelsea would need to win by two clear goals for their backers to profit, while Manchester United would only need to avoid defeat by two goals or more for their backers to win.
How To Place a Bet
You can bet on the NFL in a number of ways. The most common way is through the point spread. The point spread is the number of points that the favored team is expected to win by. The underdog team is given a corresponding number of points and the bettor has to decide if the favorite team will win by more than that number, or if the underdog team will either win outright or lose by less than the number.
For example, let’s say that in this weekend’s game, the New England Patriots are playing the Indianapolis Colts and the Patriots are favored to win by 7 points. This means that if you bet on the Patriots, they have to win by more than 7 points for you to win your bet. If you bet on the Colts, they can lose by up to 6 points and you will still win your bet, or they can win outright and you will also win your bet.
If you think that the Patriots are going to win by more than 7 points, you would bet on them. If you think that the Colts are going to either lose by less than 6 points or win outright, then you would bet on them.
Football Betting Strategies
The National Football League (NFL) is the most popular sport to bet on in the United States. There are many different ways you can bet on the NFL. The most common bets are the point spread, moneyline, and the over/under. In this article, we will focus on the point spread.
Handicapping
The handicapping, or the process of predicting the outcome of a particular game, is vital to any football betting strategy. There are a number of factors that go into handicapping a game, such as statistics, weather, tradition, etc.
The most important thing to remember when handicapping is that no two games are alike. Just because one team might have won their last five games does not mean they will win their sixth. There are always factors that can change the outcome of a game, so it is important to do your research and know as much as you can about both teams before placing your bet.
Another important thing to remember is that betting on football is a marathon, not a sprint. You cannot expect to win every bet you make, or even most of them. The key is to be patient and disciplined with your betting. Stick to your strategy and only bet when you see value. Over time, if you stick to these principles, you will be successful in football betting.
Betting the Public
The vast majority of NFL bettors will loss money betting on football games every single year. In fact, only a small percentage of sports bettors actually make a profit in the long run. So, what separates the losers from the winners?
One of the main reasons why so many bettors lose money is because they don’t have a solid betting strategy. They just pick teams that they think are going to win and bet on them blindly. This is a surefire way to lose money in the long run.
A better strategy is to Bet Against the Public (also known as contrarian betting). This involves finding games where the public is heavily betting one side and then placing your bet on the other team.
Why does this strategy work? It’s simple: the public loses more money than anybody else when betting on sports. In fact, studies have shown that the public loses up to 60% of their sports bets! So, by going against them, you’re automatically giving yourself a huge advantage.
One word of caution: you need to be very careful when using this strategy. Just because the public is betting on one team doesn’t mean that team is going to lose. You still need to do your own handicapping and make sure that there is value in betting on the other team. But if you can find games where you think the public is wrong, then Betting Against the Public can be a very profitable strategy.
Betting Against the Public
There are all sorts of football betting strategies that people use to try and beat the bookmakers, but one of the most popular is betting against the public.
The idea behind this strategy is simple – if the majority of people are betting on one team, then the odds are likely to be skewed in their favor, and you can bet on the other team to get better value.
Of course, this isn’t a guaranteed win, but it can be a useful way to find value bets. And, as we all know, value is key in sports betting!
Betting Trends
You’ll hear a lot of talk about betting trends, and how you should follow them. Bettors like to think they have an edge on the sportsbooks by knowing which team is “due” for a win, or which team is “overdue” for a loss.
The trouble with betting trends is that they don’t tell the whole story. Sure, it might be true that the New England Patriots are 0-4 ATS in their last four road games against the Dallas Cowboys. But what good does that do you? The fact is, the Patriots are still the better team, and they’re going to be favored to win by a touchdown or more. Just because they haven’t covered the spread in their last four meetings with Dallas doesn’t mean they can’t do it this time around.
The same goes for betting against a team because they’re “due” for a loss. The fact that a team has won five games in a row doesn’t mean they’re due for a loss just because of some imaginary law of averages. They could easily make it six in a row, or even seven or eight. You should never bet against a good team just because you think they’re “due” for a loss. Stick to betting on teams that you think are actually going to win outright.
Bankroll Management
Anyone can go into a casino and put all their money on one number in roulette and have a chance to win 35 to 1, but that doesn’t mean it’s a smart move. The same goes for sports betting. Sure, you can bet your entire bankroll on one game, but that doesn’t mean you should. In this article, we’re going to discuss bankroll management and how it can help you become a successful sports bettor.
Managing Your Money
Bankroll management is one of the most important aspects of sports betting. It doesn’t matter how good you are at picking winners if you don’t have enough money to make your bets. And even if you do have enough money, if you don’t manage it properly you won’t be a winning bettor for long.
There are a few different schools of thought when it comes to bankroll management but the basic idea is simple: only bet what you can afford to lose. That may sound like common sense but it’s something that a lot of people don’t do. They think, “I’m going to bet $100 on this game because I’m pretty confident I know who’s going to win.” But what happens if you lose? A lot of people would just shrug it off and say, “It’s only $100. No big deal.” But for some people, $100 is a lot of money. And if you lose enough $100 bets, pretty soon it will be a big deal.
That’s why it’s important to think about how much money you can afford to lose before you even place a bet. If you can walk away from a loss without it affecting your life in any way, then you can afford to lose that amount of money. Once you know how much you can afford to lose, then you need to figure out how much to bet on each game.
There are a lot of different formulas out there but one simple one is to risk 1-2% of your bankroll on each bet. So if your bankroll is $1000, then you would bet $10-$20 on each game. That may not sound like much but it adds up over time and it ensures that you won’t go broke if you have a losing streak.
Of course, the amount that you should bet also depends on how confident you are in your picks. If you feel like you have inside information or if you just have a really good feeling about a certain team, then you can (and should) increase your bet size accordingly. But always be sure that you can afford to lose the amount that you are betting.
Bankroll management may not be the most exciting part of sports betting but it is perhaps the most important part. Be smart about your money and always remember that the goal is to win money, not just make bets for the sake of making them.
Managing Your Bets
In order to manage your bankroll, you need to know how much money you can afford to lose. This may seem like an easy question, but it’s one many bettors have trouble answering. A good rule of thumb is to not bet more than 1-2% of your bankroll on any given game. For example, if you have a $1,000 bankroll, you should be betting no more than $10-$20 per game.
Once you have a handle on how much you can afford to lose, it’s time to start looking at the lines and deciding which bets are worth making. This is where things can get tricky, as there are a lot of different factors to consider when handicapping a game. The most important thing to remember is that you should never bet on a game just because you think one team is going to win. You should only bet if you think the line is offering value.
If you’re not sure how to identify value in a betting line, there are a few resources that can help. One is our NFL Betting Guide, which offers an overview of the different types of bets you can make and how to handicap games. Another great resource is our NFL Picks page, where we offer free picks and analysis on every single game each week.
Managing Your Expectations
No matter how well you research and prepare, there will always be some uncertainty when you place a bet. Sports betting is a high-risk, high-reward endeavor, which means that you can win or lose a lot of money very quickly. It’s important to manage your expectations and bet only as much as you can afford to lose.
setting and adhering to a budget is critical for any gambler, but it’s especially important for beginner bettors. It’s easy to get caught up in the excitement of betting and make careless bets that you can’t afford.
A good rule of thumb is to never bet more than 1-2% of your bankroll on any one bet. This may seem like a small amount, but it will help you stay disciplined and limit your losses if you have a losing streak. If you’re just starting out, it’s also a good idea to only bet on the sports that you know the most about. Don’t try to make too many different kinds of bets all at once, or you’ll spread yourself too thin and increase your chances of making costly mistakes.