NFL Betting – The Basics

The NFL is a complex betting arena with a multitude of variables to consider when trying to earn profits. From the individual performance of players to statistical analysis, understanding current trends to assessing the impact home-court advantage could have on a game, savvy gamblers need to familiarize themselves with all of these elements to make educated guesses.

Furthermore, even ardent fans may struggle to keep up with the ever-evolving news surrounding the NFL as it moves fast. Knowing up-to-date information gives one an edge in predicting possible outcomes and increases their chance of achieving financial success on bets. If you’re new to NFL betting, then this is the guide for you.

NFL Quick Overview

The National Football League (NFL) is the premier professional American football league in the country and it comprises 32 teams. The teams are divided into two conferences–the American Football Conference (AFC) and the National Football Conference (NFC)–which are further divided into four divisions each.

Each season, every team plays 17 regular-season games over 18 weeks and eight teams from each conference qualify for the postseason. This culminates in the Super Bowl at the end of January or the beginning of February where the two qualifying teams battle for the ultimate title.

NFL Betting Markets

NFL Moneyline

This is the most straightforward type of bet where a team is simply selected to win or lose. In every game, there will be favorites and underdogs. Favorites are indicated by a minus sign while underdogs are denoted by a plus sign.

For instance, if the Jacksonville Jaguars are heavily favored against the San Francisco 49ers, then Seattle might be -250 and San Francisco +200 in the moneyline. This means that to win $100 on Jaguars, you would have to bet $250 while you can win $200 if you bet $100 on San Francisco.

Point Spreads

In point spreads, a team is given handicaps or points such that the two teams have an equal chance of winning.

For example, the Tampa Bay Buccaneers will face the Atlanta Falcons in a game. If the Bucs are 13-point favorites, then they must win by 14 or more points to cover the spread while Atlanta just has to lose by 12 points or less. In this case, if you bet on Tampa Bay and they win by exactly 13 points, it is called ‘pushing’ meaning that all bets are refunded.

Over/Under Bets

In this type of bet, you have to predict the total number of points that will be scored in a game. The sportsbook will offer an over/under the line and it is up to you to decide if the actual score will be higher or lower than that amount.

For example. Miami Dolphins will visit the New York Jets and the sportsbook is offering an over/under of 32.5 points. If you bet on the under, both teams need to combine for fewer than 33 points for you to win that bet while if you bet on the over, they have to score more than 33 combined points.

NFL Prop Bets

Prop bets (or proposition bets) are side bets that involve predicting outcomes of specific events within a game; for example, predicting which player will score the first touchdown or how many yards a quarterback will throw. Here are more examples:

1. Will Trevor Laurence accumulate a total of 250 passing yards?

2. Will the Jaguars record 300+ rushing yards next game?

3. Who will have a better score at the half?

4. How many tackles will the Dolphins’ defense make?

5. What will be the first score method (TD, FG or Safety)?

These bets can be quite entertaining and offer better odds compared to moneyline or point spreads since the bookmakers have a harder time predicting the outcomes of these limited scenarios.

NFL Future Bets

Future bets are wagers that involve predicting outcomes of events that will take place far in the future, such as who will win the Super Bowl or which team will make the playoffs.

These can be quite fun since they give you the opportunity to bet on long-term outcomes with plenty of time for research and analysis. Plus, these tend to have better payouts since the bookmakers have a harder time predicting future outcomes.

Tampa Bay Buccaneers to Win Super Bowl LVII

The Tampa Bay Buccaneers are currently +2800 to win Super Bowl LVI, which means that a bet of $100 would pay out $2,800 if the Buccaneers were to win the Super Bowl. Despite having a rollercoaster season, the Buccaneers still have one of the best quarterbacks in the NFL in Tom Brady, and they also have a very good defense.

Miami Dolphins to Win Super Bowl LVII

The Miami Dolphins are currently +6000 to win Super Bowl LVI. The Dolphins are not expected to be a good team this year, but they do have a lot of young talent. They started the season strong and even had an 8-3 record before losing 5 straight matches. They finished the record season on a high note with an 11-6 victory over the New York Jets.

Jacksonville Jaguars to Win Super Bowl LVII

The Jacksonville Jaguars are currently +10000 to win Super Bowl LVI, which means that a bet of $100 would pay out $4,000 if the Jaguars were to win the Super Bowl. The Jaguars are not expected to be a good team this year, but they do have some talented players. If everything goes right for the Jaguars, then they could make a run at the Super Bowl.

Live Betting on NFL Games

Live betting (also known as in-play betting) is a way for bettors to place bets on NFL games while they are being played. This type of betting can be quite exciting as the odds change depending on how each team is performing.

For example, if you’re watching a game and you see that one team is dominating the other, you can place a bet on that team to win the game. You can also bet on props and futures while a game is being played.

The odds for live betting are usually quite good as the bookmakers don’t have enough time to adjust the lines as much as they do for pre-game betting. This makes live betting a great way to get better value for your bets.

As you can see, there are plenty of ways to bet on NFL games ranging from simple moneyline bets to more complex prop and futures bets. With some research and understanding of the game, these can be quite lucrative investments!

NFL Betting Strategies 

Bankroll Management

Bankroll management is a critical skill for any type of gambler, but especially essential for NFL bettors. It’s important to have an understanding of how much money you can afford to lose and how much you should be wagering on each bet.

Research and Handicapping

No matter what kind of bet you’re making, it’s always important to do your homework before placing a wager. That means doing research on each team and studying up-to-date stats, trends, and injuries. It also helps to compare the betting lines of different sportsbooks as they can vary from one place to another.

Research is not just about statistics, knowing the weather and the playing surface in advance can be equally important. When it comes to NFL betting, knowledge is power.

Shop Around for the Best Lines

In addition to doing research, it’s important to shop around for the best betting lines. Different sportsbooks can have different odds on the same bet so it pays (literally!) to look around and find the best line available.

Keep Your Knowledge Up-to-Date

As the NFL season progresses and teams start to solidify their place in the standings, it’s important to keep up with all of the latest news. This includes injuries, trades, and coaching changes that can all influence how a team is likely to perform during any given game.

NFL Betting FAQs

  • What is the minimum bet for NFL betting?
  • How does NFL betting work?
  • Do I need to know a lot about football in order to bet on NFL games?
  • How do I know which bets to place?
  • Is NFL betting legal?