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How to Bet on NFL

From the first week of the season to the Super Bowl, the NFL reigns supreme. Whether you are a casual fan looking for a little action on some games or a die-hard fan ready to make a serious investment, NFL betting online can cater to your needs.

Basic Odds and Betting Options

Bettors that simply want to bet on which team is going to win the game can bet games on the moneyline. Because there are skill discrepancies between the two teams, betting the team more likely to win will come at a premium.

For example, if the Pittsburgh Steelers visit the New England Patriots, the Steelers might be considered a +140 (bet $100 to win $140) underdog against the Patriots at -160 (bet $160 to win $100). Pittsburgh would pay more than New England to win outright as this would be an upset.

Instead of betting games on the moneyline, many bettors opt to bet on the point spread instead. In this same example, the Steelers would be a +3.0 underdog against the Patriots at -3.0. Bettors that take the Patriots would need them to win by four or more points to win, while bettors that take the Steelers would need them to win outright or lose by one or two points. The game would be graded a push if the Patriots win by three.

Spreads and moneylines vary depending on the discrepancy between the two teams. Against the Jacksonville Jaguars at home, New England might be a -16.5 favorite and need to win by 17 points to cover the spread.

Every NFL game also features a point total, such as 42.5 points. Bettors can bet on whether the total amount of points scored in the game will go OVER or UNDER 42.5 points.

NFL Betting Strategies

Beyond just picking winners, one popular betting strategy is to bet on correlated parlays. A parlay offers big payouts on small wagers because every play within the parlay has to hit; in a three-leg parlay, all three picks selected must win for the bet to pay off.

A correlated parlay is just a two-leg parlay between two events that are likely to occur at the same time. For example, let's say a bettor likes the offensively challenged Jacksonville Jaguars this week at +10.0 against the Indianapolis Colts. It might be worth it for that bettor to parlay the Jags +10 with the UNDER 45 points in the game; because it is far more likely that the Jags keep it close with a big day on defense than it is that Jacksonville will hang with Andrew Luck and the Colts offensively.

For fantasy football players, NFL prop bets could factor in to your betting strategies. Many sportsbooks offer props on individual performances such as passing yards, rushing yards, and receiving yards. NFL fans that do well in projecting how players will do can take advantage of these props.

Finding a Suitable Sportsbook

Every sportsbook offers lines on every NFL game, and most of these lines are fairly similar across different sportsbooks. There are slight differences however including when lines are released, how quickly they move, and what prop bets are available. Evaluate these factors as well as others such as interface and bonuses when making the right decision for you.

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