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NFL betting might be a complicated game to bet on, because there are so many different types of bet! But complicated as it is, it is the perfect goldmine that expert bettors get money. But for beginners, it’s easy to get confused, so here’s the low down on the four most popular types to bet on NFL football.
The Moneyline
Moneyline NFL betting eliminates the pointspread so you’re now simply choosing a winner. Even if the winner only wins by a single point, you still win your bet. Moneyline betting can be more risky than pointspread betting, as you generally have to wager more to win more, since the odds are reduced, but, on the other hand, if you bet sensibly you can produce a stable win-rate with your NFL bets.
Totals
NFL betting isn’t always about a winner, as we’ll see in this type of bet. Here you’re not betting on one NFL team or the other, but instead betting on the total performance of both teams, and the total amount of points they’ll score together. You can choose whether or not the total score will be over or under a given total, and although your odds will generally be pretty slim, these bets can supplement your income well if you pick the right ones. Watch out for totals though, they’re very unpredictable. Some games are absolute scorchers with huge amounts of points, while some are complete duds.
The Point Spread
The most common type of NFL betting, here you basically decide which team you think will win, and by how many points. Sports books will offer your various bets at different levels of odds based on the amount you think your team will win by, and at varying levels of risk. When the game is finished, you add on or subtract the pointspread given by the sportsbook from the actual score, and if your team still won (or lost, depending on which way you’re betting), you win the bet. This sounds complicated, but is based on the idea that the public will generally side with the favourite. This isn’t always the case though, as I’m sure you’re aware – the favorite doesn’t always win! Anyway, if pointspread betting sounds a bit complicated, try the next type of NFL bet.
Parlays
“Parlays” These are ultra low risk, ultra high payout NFL bets which won’t win very often, but when they do, you cash in. Basically, you bet on NFL football together – that might be a series of wins, losses, or a combination of all the NFL betting types above. While each individual bet might be a low-risk bet with a high chance of winning, to correctly predict the outcome of a series of 10 or more events is very low-chance indeed, and so comes with huge odds. You can bet $1, and pass the winnings through to the next bet each time. If all 10 bets winFind Article, you’re set to make a fortune. These bets can be a fun aside to your regular sports and NFL betting.