Guide to Betting on the NFL for Beginners
The NFL season in the U.S. will start next month and is a very popular sport wagering event to bet on. This is because NFL betting has so many betting options available. Thus, it makes any NFL matchup even more fun and exciting game. Therefore, we bring you our Guide to Betting on the NFL for Beginners so you can also enjoy betting one on this popular American sport!
One of the main differences between betting on NFL Football and soccer is the tie. This is because it rarely takes place in an NFL game. In fact, in the past 2 years, only 2 ties took place and that was during the 2018 NFL season. However, to keep things simple, our beginners guide to betting on the NFL will only cover the popular NFL bets.
Why is NFL Betting so Popular?
The majority of sports gamblers probably already know about American football but here is some quick information before we start. The National Football League is the professional association for American football and is made up of 32 teams. Furthermore, they are split into 8 divisions and each team will play 16 games during the regular NFL season.
The National Football League is the most popular sport for betting in the United States. According to sportsbook pay per head providers, they were nearly $100 billion wagers made on the NFL last season. And that does not include NFL Betting made at offshore sportsbooks.
If you got to any gambling or sports news site, most analysts and experts offer their insights on which NFL team bet on. However, seasoned bettors often assert that the NFL presents the most challenging market to navigate in U.S. sports betting. This raises the question: why do so many individuals choose to bet on the NFL? More significantly, what are the reasons you should consider participating in this betting activity as well?
Part of the American culture – The NFL transcends the boundaries of a typical sports league; it serves as a vital cultural pillar within the United States. Each Sunday throughout the season, individuals across the nation congregate around their televisions, in sports bars, and within stadiums, bonded by their passion for football. This tradition extends beyond mere entertainment; it constitutes an essential element of the American identity.
High Stakes and High Rewards – A primary factor attracting people to bet on football is the substantial stakes associated with each game. Throughout the NFL season, every match holds considerable significance, rendering each wager impactful. The league’s playoff structure, in which a single defeat can terminate a team’s season, further amplifies this sense of urgency and significance.
Guide to Betting on the NFL for Beginners – The Straight Bets
Explaining the NFL Point Spread
The NFL season starts in September and the most popular NFL bet is point spread betting.
Here is an example of a point spread odds for the NFL:
- New England Patriots: -6.5 at -110
- Denver Broncos: +6.5 at -110
The first number is the point spread made by NFL betting pick experts. When there is a “-“ before the number, it means the team will probably win the game. Thus, if you bet the Patriots at -6.5, they have to win by more than 6.5 to win the wager. For a more thorough explanation, we recommend reading this tutorial on How to Read NFL Betting Lines.
On the other hand, if you bet the Broncos at +6.5, it means they are the underdog. Thus, they have to lose the game by less than 6.5 points to win your bet.
How to bet on the NFL Over/Under
This type of bet is also known as betting on the total. You bet on whether the total final score of both teams will be over or under a certain number.
Here is an example of an Over/Under betting odds:
- New England Patriots: Over 50.5 at -110
- Denver Broncos: Under 50.5 at -110
Betting on the NFL money Line
This last bet is not as popular as the point spread but is still fairly popular at football betting websites. You basically bet on who will win. However, there depending on the matchup, you may have to wager a lot of money to win a small amount.
Here is an example of an NFL Money Line
- New England Patriots: -160
- Denver Broncos: +130
Looking at these odds, the Patriots are the favorite team as you have to wager $160 to win $100.
Are you ready to bet on the NFL? Then visit BetOnline.ag, the best sportsbook in the world!
