Are you new to betting on NFL games? Betting on football can be a fun and exciting experience. This guide will help you understand the simplest types of bets and how to get started.
Understanding NFL Betting Basics
Before placing your bets, it’s essential to grasp some basics. Betting on NFL games involves predicting outcomes, and you can bet on various aspects of the game.
Key Terms to Know
- Odds: The likelihood of an event happening.
- Stake: The amount of money you bet.
- Payout: The money you win if your bet is correct.
Types of NFL Bets
There are several types of bets in NFL games. Here are the simplest ones:
- Moneyline Bets
A Moneyline bet is the easiest type of bet. You pick the team you think will win. If your team wins, you win the bet.
Example:
TeamOdds
Team A -150
Team B +130
In this example, if you bet on Team A, you must wager $150 to win $100. Conversely, betting on Team B means you bet $100 to win $130.
- Point Spread Bets
A Point Spread bet levels the playing field by adding or subtracting points from a team’s final score. The underdog gets points added to their score.
Example:
TeamPoint Spread
Team A -7.5
Team B +7.5
If you bet on Team A, they must win by more than 7.5 points. If you bet on Team B, they must lose by less than 7.5 points or win outright.
- Over/Under Bets
Over/Under bets focus on the total points scored in the game. You bet whether the total points will be over or under a set number.
Example:
GameTotal Points
Team A vs. Team B 45.5
If you bet over 45.5, the combined score must be 46 or more. If you bet under 45.5, the combined score must be 45 or less.
- Parlay Bets
Parlay bets combine multiple bets into one. All bets in the parlay must win. If one loses, the entire parlay loses.
Example:
BetSelection
Moneyline Team A to win
Point Spread Team B +7.5
If Team A wins and Team B covers the spread, you win the parlay. Parlays offer higher payouts but are riskier.
Tips for Successful NFL Betting
Betting on NFL games can be exciting, but success requires strategy. Here are some tips to help you succeed:
- Do Your Research
Know the teams and players. Check recent performances and injuries. Research helps you make informed bets.
- Manage Your Bankroll
Set a budget for betting and stick to it. Don’t chase losses; only bet what you can afford to lose.
- Shop for the Best Odds
Different sportsbooks offer different odds. Compare odds to get the best value; better odds mean higher potential winnings.
- Keep Emotions in Check
Betting should be enjoyable. Don’t let emotions drive your bets; make decisions based on logic and research.
- Start Small
If you’re new, begin with small bets. As you gain experience, you can increase your stakes. This approach helps you learn without risking too much money.
Frequently Asked Questions
What Are Moneyline Bets in the NFL?
Moneyline bets involve picking the team you think will win the game outright.
How Do Point Spread Bets Work?
Point spread bets require you to pick a team to win by a certain number of points set by the sportsbook.
What Is an Over/Under Bet?
An over/under bet involves wagering on whether the total combined score of both teams will be over or under a set number.
Are Parlays a Good Bet?
Parlays combine multiple bets into one, offering higher payouts, but are riskier since all picks must win.
Conclusion
Betting on NFL games can be a thrilling experience. Start with simple bets like Moneyline, Point Spread, and Over/Under. Remember to do your research, manage your bankroll, and keep your emotions in check. With these tips, you’re ready to enjoy NFL betting. Good luck!