Are you interested in making a profit out of the most-watched sport in America?
It’s no secret that the country loves to watch football. Though the most recent Super Bowl hit a new low in the last 15 years, it still outperformed any other sporting event in terms of viewership. Because of how popular it is, football is also the most popular sport for their viewers to bet on.
Online football betting gives fans the opportunity to earn for themselves while enjoying their favorite sport while adding a new layer of excitement into each game. However, most people are fans first and bettors second. Their lack of betting knowledge can make them lose out on a lot of the bets they place.
It can be discouraging to keep losing your bets. To prevent this from happening to you, read the guide we have below and learn more about NFL betting today!
Types of Football Bets
To start off, learn about the different types of bets you can make online. There are a lot of ways for you to place your wagers in online NFL betting. Bettors place the right kind of wager to lower the risk of losing money while increasing their odds of winning.
These bets can be hyper-specific wagers, like which team will win the Super Bowl. Wagers can also be broad and general, like which team will score more on the current game.
Below are the different bets you can make. Understanding them helps you make better bets along the line.
Moneylines
Moneylines are the simplest bets you can make. All you need to do is make a bet on which team will win their match. The favored team gets lower odds here. You’ll often need to invest more to win big when betting for the favored team.
The underdogs will always have higher odds. You stand to win more by picking the underdogs, but they’re not the favorites for a reason. There’s a bigger chance that they’ll lose the game, so you best think twice before placing a bet on them.
You’ll often find that not a lot of people will be willing to make these wagers with you. Moneylines aren’t the most popular bets to make due to how low the payouts are, and how simple the wagers are. It’s a great way to get you started on online betting, though.
Point Spreads
In contrast to moneylines, point spreads are much more popular in NFL betting. Point spreads balance out the odds for teams in unequal matchups. Here, bookmakers will give and take away points from the underdogs and favored teams, respectively.
The addition and deduction of points will happen at the end of the game when the final scores come in. Point spread increments often follow traditional NFL scoring, meaning they can come in as low as 2-point increments all the way to 7-point increments.
For example, a team may receive a +3 in their match against a favored team. A successful bet means they must win the game, or lose by only 3 points or less. A negative point spread, like a -3, means the team must win by four points or more for you to win your bet.
Point spreads balance out team differences for the purposes of betting. Bookmakers also take other factors that can improve a team’s odds of winning into account, like the home-field advantage. This makes each wager fair and puts more excitement towards the end of each match.
Totals
These wagers are another type of popular bet. Bookmakers will take a look at the match and will set a point total for you to bet on. It’s your choice whether you would bet over or under the point total.
Whether you win or not depends on the teams’ combined point total. If one team scores 15 and the other scores 17, that would be a total of 32 points in the game. If the bookmaker sets the total at 30, then any wager placed over that will win.
That’s only an example. Nowadays, teams score an average of 42 points in total for each match. Being successful in betting on totals means you need to know each team’s offensive and defensive talent and how they’ll fare against each other.
Futures
These are long-term bets that you can make at the start of the season. Here, you wager on how teams will fare over the season. Bets here include how many matches they’ll win, how far they’ll get in the season, and whether they’ll win the Super Bowl. You can also bet on individual players and their score average for the season, for example.
Succeeding in these bets needs intimate knowledge of teams and their players. The payout is much higher than any other wager, though, even with odds against teams favored to win. To help with these bets, you can check out win totals predictions on reputable sites, such as Doc Sports.
Props
Short for propositions, these wagers are small bets that get decided as the game progresses. These bets are specific and will bring more options for bettors if they’re interested in making multiple bets. Bookmakers often come up with these bets, and you only need to place your bets and wait.
Which team will score the first goal and the total number of goals made are only some of these prop bets. You’ll often find a lot more props in high-profile games. Winning consistently is possible if you know who and what you’re betting on.
Where to Place Your Wagers
Now that we know what bets you can make, where can you make them? Casinos are often the go-to places. A lot of them, if not all, have sportsbooks for you to use.
Casinos have computerized odd boards and will always update the odds to reflect the latest ones. They also have cashier windows or interactive computers for you to place your bets in.
You’re given a number or code that you can use to claim your winnings after the game. This makes casinos the safest place for football betting. The only problem is that betting in casinos is only legal in Las Vegas.
This is why online NFL betting is a much more popular choice. It’s a much more accessible option, and it’s perfectly legal across the country. The majority of online gambling laws apply only to those that provide online gambling services.
Looking for reputable betting sites allows you to safely place any bet that you make. You should also look for sites that offer bonuses and rewards for continued patronage. Carefully read the terms and conditions, too, to understand what you’re getting into by using their services.
It’s also a good idea to create multiple accounts across different gambling sites. Doing this allows you to look for better odds on the teams you want to play. This way, you can win the most out of each bet that you place.
Tips For Football Betting Online
To make sure you succeed in football betting, there are a lot of things for you to do. Here are the most essential football betting tips to help you place bets you’ll win.
Do Your Research on Teams and Individuals
The first thing you must do is know the season, game, and players inside and out. This means you need to perform constant research on the strengths of the teams and what their weaknesses are. Doing this allows you to know which teams are likely to win each match despite the odds.
It’s a great way to increase your chances of winning in totals and moneyline bets. Even your future bets become much more accurate since you’ll know how new rosters are likely to fare.
Have a Dedicated Bankroll
Some people go too deep into football betting online. This can cause them to lose a lot of money in a short time. You can prevent this from happening to you by having a dedicated bankroll for betting.
This allows you have a manageable betting budget. You won’t need to worry about draining your finances this way.
Start by making only small bets. Build up your bankroll and you’ll be able to make bigger bets in no time.
Make Logical Bets
The best football betting tip we can tell you is to bet with a clear mind. It may be tempting to bet on your favorite teams, but it won’t always be the best choice. You need to think about your bets and make the logical one based on your research.
Beat the Odds and Succeed in Online Football Betting
Online football betting need not be a daunting task. Be as successful as you can be from the get-go by learning the football betting basics. Improve your chances of winning, place smart bets, and win big today!
We hope you’ve learned a lot about football betting online with our guide. Learn more about sports betting and how you can make it as lucrative as it can be by exploring more of our guides. Check out fun88 vin and learn a thing or two today!