According to the American Gaming Association, 45.2 million people planned to bet on the NFL in 2021. That was an estimation up 36% from the previous year! The big question is, have you considered betting on the National Football League (NFL)?
If you’re ready, there are numerous types of NFL bets you can make, each offering its own unique thrill. But it’s important to know all your options before placing any bets.
In this article, we’ll provide an in-depth look at the various NFL bets available, ensuring you have all the information you need to make informed decisions on game day. Read on to get the lowdown!
Moneyline Bets
A moneyline bet is a simple way to bet on an NFL game. All you have to do is pick the team you think will win the game. The odds for a moneyline bet are represented by a plus or minus number. A minus number means the team is favored to win, and a plus number means the team is an underdog.
For instance, if the New England Patriots are -200 on the moneyline, it means they are favored to win and you would have to bet $200 to win $100. If the Miami Dolphins are +150 on the moneyline, it means they are the underdog and you would win $150 for every $100 you bet on them to win.
Before you make a moneyline bet, why not check out these NFL predictions today?
Point Spread Bets
A point spread bet is another popular way to bet on an NFL game. With a point spread bet, the favored team has to win by a certain number of points for the bet to be a winner.
The underdog team can lose by a certain number of points and still win the bet. The point spread is usually represented by a number with a plus or minus sign.
For example, if the Kansas City Chiefs are -7.5 on the point spread, it means they have to win by at least 8 points for the bet to be a winner. If the Los Angeles Chargers are +7.5 on the point spread, it means they can lose by up to 7 points and still win the bet.
Over/Under Bets
An over/under bet is a bet on the total number of points scored in an NFL game. The sportsbook sets a total number of points, and you can bet on whether the final score will be over or under that number.
For example, if the over/under for a game is 47.5 points, you can bet on whether the final score will be over 47.5 points (the over) or under 47.5 points (the under).
Parlays and Teasers
A parlay bet is a bet that combines two or more bets into one. All of the bets in a parlay must be winners for the parlay to be a winner. Parlays can be a lot of fun, but they can also be risky because all of the bets have to be winners for the parlay to pay out.
A teaser bet is similar to a parlay, but with a teaser bet, you can adjust the point spreads in your favor. For example, if you want to bet on the New York Giants and the Dallas Cowboys, you can adjust the point spreads to give the Giants and Cowboys an extra 6 points. If both teams win by more than the adjusted point spreads, the teaser bet is a winner.
Futures Bets
Futures bets allow you to place a wager on events that will happen at a later date. In the NFL, these bets can be on things such as the team that will win the Super Bowl or the player who will win the MVP award.
These bets are usually placed before the season starts and the odds may change as the season progresses. For example, if you place a bet on a certain team to win the Super Bowl at the beginning of the season, the odds of them winning may increase or decrease as the season goes on based on their performance.
Futures bets can be a fun way to show your support for your favorite team or player and potentially win some money in the process. However, it’s important to keep in mind that these bets can be risky because it’s difficult to predict what will happen in the future.
In-Game Bets
In-game betting, also known as live betting, is a way to bet on an NFL game while it is being played. With in-game betting, you can place bets on things like the next team to score or the outcome of the next drive.
In-game betting adds an extra level of excitement to an NFL game. Plus, it allows you to make bets based on how the game is unfolding.
Prop Bets
Prop bets, also known as proposition bets, are bets on specific events or situations that may happen during an NFL game. Prop bets can be on anything from the number of touchdowns scored in a game to the color of the Gatorade that will be dumped on the winning coach.
Prop bets can be a lot of fun and add a new dimension of anticipation to an NFL game. Many people see them as a joke rather than serious betting.
Make NFL Bets That You Feel Comfortable Making
As you can see, there are many different kinds of NFL bets you can make. It’s important to understand the different types of bets and how they work before you start placing your bets. Whether you’re a seasoned pro or a beginner, there is a bet for everyone in the world of NFL betting.
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