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NFL Betting Overview
NFL Betting is one of the biggest seasons for online bettors. Check out our Top 5 Betting Tips before placing your bets!
Top 5 Betting Tips for betting on NFL
1. Beware paper tiger playoff teams Just because a team made the playoffs in the previous year, it doesn’t mean that they’ll have the same success in the following year. A lot of this has to do with NFL schedules, see number 2 for info on that, but a lot of it also has to do with changes that happen during the off-season. Always check for key changes that occurred during the off-season that could impact a team’s ability to cover the spread in games. 2. Schedules matter When an NFL team succeeds, they garner a tougher schedule the very next season. This could have a drastic effect on that team’s ability to cover or beat spreads. When it comes to schedules, you also have to think of how much a team’s division rivals have improved. For example, San Diego looks to be much improved and could be a good wager against the AFC’s top team, Denver, in both games where the two teams meet this season. 3. Think about Live Betting Live betting allows you to make a hedge wager on a bad bet or to push your bet, ala the 6 and 8 in craps, if your wager is doing well. Live betting isn’t for everyone and you really have to be on top of your game in order to make it work, but when it comes to the NFL, since parity is usually the word to remember in most games, Live Betting can be a very valuable tool. 4. Coaching changes can help In today’s NFL, the need to win right away takes precedence over anything else. NFL coaches, either former or new up and comers, have a specific skills set that allows them to jump start a team right away. Case in point? Think about how former Jets’ defensive coordinator Mike Pettine outcoached Sean Payton and Rob Ryan in Week 2 of the 2014 season when Cleveland upset New Orleans straight up. Don’t be scared of wagering on teams with new coaches. 5. Look to wager on teams with Quarterback Field Managers There is a difference between great quarterback play based on stats and great quarterback play based on winning. A quarterback can only lead a team to a score if that quarterback’s team has the ball. The gunslingers rack up stats, but if they don’t manage the game correctly, they can end up putting their defenses in bad positions.
How to Bet on the NFL
**NFL Spread Betting Spread betting is the traditional way to wager on a football game. In most cases, the betting line will look something like this:
- Pittsburgh -6 -110
- Baltimore +6 -110
What this means is that if you like Pittsburgh you lay 6 points at -110. For every $110 that you invest, your potential profit is $100 should Pittsburgh win by at least 7 points. If you like Baltimore, you take the 6 points. If Pittsburgh wins by only 5, you win your wager if you bet on Baltimore and lose if you bet on Pittsburgh. ** Moneyline Betting Moneyline betting simply means to put money on the team that you think will win the game straight up. For example, if the odds on Pittsburgh are -300 on the moneyline than for every $300 that you wager, the potential profit will be $100. If the moneyline odds on Baltimore in our example are +250, then for every $100 you wager on Baltimore, your potential profit is $250. ** NFL Totals Betting on NFL Totals simply means to wager over or under a specific total points scored number. Let’s say that the total on Pittsburgh versus Baltimore is 42.5. If you bet over the total, you only win your wager if the total score is 43 or higher. If you bet under the total, you only win your wager if the total score is 42 or lower. ** NFL Prop Betting An NFL prop bet is any wager that isn’t tied into who wins the game, like a moneyline wager, the total score, like an NFL Total wager, or a traditional against the spread wager. NFL Prop betting includes wagers like how many yards a team’s running back will accumulate during the game or how many touchdowns one of the quarterbacks will throw. Prop bets can also involve teams. For example, who will score first? Pittsburgh or Baltimore? ** Parlay Betting Parlay betting is simply putting together two or more bets into a single wager so that the outcome of all bets are related to each other. An example is below:
- Pittsburgh -6
- Atlanta +8
- Over Total 43 Atlanta vs. New Orleans
The above is a 3-Team(Wager) NFL Parlay Bet. You have to win all three bets to win the parlay. This is why parlay bets pay out more than individual bets. ** NFL Teaser Betting NFL Teaser bets are wagers where one or more bets are directly related to each other, like a parlay bet, but teaser wagers give you the added benefit of moving the line. Let’s take the Parlay Betting example and illustrate a 6-Point NFL Teaser Bet.
- Pittsburgh Even
- Atlanta +14
- Over Total 37 Atlanta vs. New Orleans
In our 6-Point NFL Teaser bet Pittsburgh “gets” 6 points. Pittsburgh’s line changes to even, 6 -6 = 0. Atlanta gets 6 points. Atlanta’s line changes to +14. The Total in the Atlanta vs. New Orleans game was 43. We liked the over. In our 6-Point NFL Teaser bet, the line changes from 43 to 37, 43 – 6 = 37. Teaser bets will never pay out more than parlay wagers because always change the line.