Introduction
NFL betting is one of the most popular events in the betting business. Its popularity has grown even further in recent years. If you are a beginner, NFL betting can be a bit overwhelming as it involves many elements. The terms used in the betting business can sometimes be confusing, so let’s get familiar with some of the terms involved in NFL betting and how to bet on the NFL.
NFL odds
When placing bets, you can see the nfl odds, represented as numbers adjacent to the teams. The odds are displayed with a negative or positive sign. The minus sign demonstrates that the team is the favorite, i.e., there are higher chances of winning. At the same time, the positive sign indicates that the team is the underdog.
How to read NFL betting odds
The odds, in basic terms, are the payout frame of the game.
- If there is a negative sign against the odds, you must bet that amount to win $100. For example, if the odds are -120, you must bet $120 to win $100. If you win the bet, the total amount after the win will be $220.
- A plus sign indicates that you are betting for an underdog and will win the displayed amount after betting $100. For example, if the odds are+110, you will wager $100 to win this amount. If you win the bet, you will get $210.
NFL spreads
There are two numbers displayed against the teams: one is the odds, and the other is the spreads. A spread is a number that is required to be scored by the team to win you the bet. For example, if the space is -6.5, then the team needs to win by 7 points for you to win the bet.
How to calculate NFL betting spreads
The bookmarkers set a number by calculating a point between the favorites and underdog to balance the unequal teams. Now let’s take an example of how the point spread is calculated.
| Team | Point spreads |
| Team A | -2.5 (-110) |
| Team B | +2.5 (-110) |
The above table shows that team A is the favorite and team B is the underdog.
- If you bet team A to win at -2.5, it will have to win the game by 3 points or more to cover the spread.
- Now, if the final score of team A is 29 and the final score of team B is 31, team A wins because 29+2.5 is greater than 31.
- If the final score of team A is 32 and Team B is 27, team A wins as 32 minus 2.5 is still greater than 27.
- If you bet on Team B to win, the score of 2.5 is added to their final score by the scorebook. They either have to win or lose by less than 2.5 points to beat the spread.
- If the total score of team A is 30 and the total score of team B is 31, team B wins as 31 plus 2.5 is greater than 30.
- If team A scores 35 and team B scores 33, Team B still wins, as 33+2.5 is greater than 35. Since the losing score was less than 2.5, you win the bet.
NFL betting
How to bet on the NFL online
It’s very easy to bet on the NFL online. But you have to do your research because there are thousands of online sportsbooks where you can bet. Choose an online sportsbook that is legit and preferably gives bonuses. Create your account and choose your preferred deposit method. Then deposit the money according to your betting budget. Many platforms usually provide a first deposit bonus and have a minimum deposit limit. Make your wagers and enjoy your winnings.
How to bet on the NFL using a mobile app
Betting on the NFL using a mobile application is similar to online betting. Some differences exist, such as the mobile application having better graphics and UI. It also offers some bonus features not present in the desktop version. To Bet on NFL using a mobile application, you must install the betting platform app and sign in or create your account. You can then start betting after logging in.
How to bet on the NFL prop bets
Prop bets in the NFL do not depend on the game’s outcome. Rather it’s based on specific events that happen during the game. It could be the number of goals by a particular player, no. If fouls, goal blocks, etc. You can make your bet on the sportsbooks the same way you make the other bets.
How to bet on the NFL using a sportsbook
It’s very easy to bet on the NFL online. But you have to do your research because there are thousands of online sportsbooks where you can bet. Choose an online sportsbook that is legit and preferably gives bonuses. Create your account and choose your preferred deposit method. Then deposit the money according to your betting budget. Many platforms usually provide a first deposit bonus and have a minimum deposit limit. Make your wagers and enjoy your winnings.
