Loading
The NFL is by far the most popular bet of all major American sports. This article will shed light on each football wager type including spread, moneyline, totals, and futures.
Like many high scoring sports, NFL wagering is dictated by the point spread. The spread, or line, is a type of side bet that equalizes the chance of winning a wager. The line offered for any given team will be accompanied with a - or + symbol to indicate whether a team is a favorite or an underdog. Generally, the number next to the spread is "-110". This is what's known as the juice or odds. The juice is a fraction of the wager taken from the bettor if the bet wins. In this instance, a winning wager of $110 will yield a profit of $100.
In the NFL, the phrase "any given Sunday" is more prevalent than ever, which is why Moneyline bets can be very profitable when betting on the underdog. A moneyline wager is one that is placed on either the favorite or the underdog to win straight up without having a points spread involved.
The concept of betting on totals, or Over/Under, is quite simplistic. The bettor wagers on whether the TOTAL points scored in a game will fall over or under a pre-determined number set by the sportsbook.
Futures bets are exactly what they sound like, a wager placed on an event that will occur in the future. As you can imagine, the most popular futures bet in the NFL is who will win the Superbowl. In fact, the Team Odds to win it all are released within a week after the previous year's championship.
Hopefully this article will give you a little more insight on a few of the most common ways that you can bet on the NFL and help you understand what is going on when your doing it. There are plenty of other ways to bet on sports and other articles to help give you a better understanding on how to do it and be successful at the same time.
For more information and advice on how to bet on sports you can stop by http://www.ownyourbookie.com to check out some of the sports betting tips and information to help increase your chances of cashing out at the window the next time you decide to head to the sportsbook.