How To Bet The Spread Nfl
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How To Bet The Spread Nfl
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Home » Blog » What Is the Spread in NFL Betting?
The 2021 NFL season is coming up quickly with preseason games this month and the regular season beginning in September. Bettors are gearing up to make their real money wagers at top gambling sites and are excited to explore all their options for making money. If you’re one of those people, you should really consider learning about the spread and how it applies to you winning money this season.
Whenever football bettors talk about the spread, they are referring to the point spread, a technique by which oddsmakers put a number on the possible margin of victory in the game. The idea behind the point spread is that it evens out the two teams and puts them on even terms. Bettors have to decide which of the two teams will “cover the spread” to win their bet.
In the following article, we’ll dig deep into spread wagering for NFL football, explaining what it is and giving examples of how it works. We’ll also look into how the spread changes leading into NFL games each week and how it affects your bets. And we’ll also look into some of the strategies that you can use to give yourself the best chance of winning.
The football point spread is concocted by oddsmakers at top gambling sites as a way of evening off two NFL teams who might come into a game at different levels of play. By adding points to the underdog or taking them away from a favorite, the oddsmaker is trying to incite an equal amount of wagering on each side of the wager. That prevents them from getting overexposed if one side or the other wins.
As a bettor, you have to decide if the oddsmaker is accurate or if they are missing the boat on one team or another. Maybe they are giving too much credit to the favorite and underestimating the underdog. Or perhaps it’s the other way around, and the favorite should be able to win by even more than the oddsmakers believe.
The point spread is set up in such a way that most of your wagers will bring you back roughly the same amount in profit if you win. It is used in conjunction with the moneyline , which actually tells you how much you will win based on how much you bet. But the spread determines whether or not you win that bet.
The spread will be set for an NFL game usually the week before the game takes place, often right after the two teams have completed their previous game. Oddsmakers will take into account many factors, such as how each team has been playing, which team will be at home, if any key players are injured, and so on. Their point spread is roughly equal to what they believe the final margin of the game might be between the two teams, with the favorite expected to win and the underdog expected to lose.
Let’s take a look at what a sample moneyline might look like at a top sports gambling site:
In this case, the spread is 4 ½ points. The minus on the Dallas side indicates they are the favorite and “giving points,” while the plus on the Washington side indicates that they are underdog and are “getting the points.” The (-110) is the moneyline; it is telling you that you’ll receive $100 in profit for every $110 that you bet, or $1 for every $1.10 you bet if you choose to wager a different amount.
As a bettor, you’ll choose which side you think will “cover the spread” and win the bet. The oddsmakers think that Dallas has a better chance to win the game and they think that the margin will be somewhere in the neighborhood of 4 ½ points. Obviously, there is no such thing as a half-point in a football game, but oddsmakers often include them in spreads so that there won’t be any tie bets.
Now let’s take a look at how the bet will be decided based on different hypothetical results:
Some other notes on spread betting results:
One of the key factors you have to realize about an NFL point spread is that it rarely stays stationary for the entire time period leading up to a game. It often moves up or down based on how people are betting. Oddsmakers will move the line in reaction to the betting so that one side doesn’t get too much money on it, which could cause them problems if that sides ended up winning.
But even though the line might move, it’s important to understand that the line that you get when you make your bet will be locked in place, no matter what happens with the line from that point forward. For example, imagine that you make the following wager on the Tuesday before a Sunday game:
The day after you make the bet, Green Bay’s star quarterback Aaron Rodgers decides he misses hosting Jeopardy and decides to retire from football. In that case, the oddsmakers would likely react and change the line:
Obviously, that is a much harder line for the Vikings to cover than what it was originally. But your original line will still be in effect in terms of your wager. Nothing that happens can change that.
In most cases, lines will move just a small amount here and there, maybe a half-point or so at a time. The same principle is in place, however, in that your odds won’t change. Sometimes the line will move to a point that is more advantageous than your original spread, but that’s something that’s beyond your control.
For that reason, some people like to wait as long as possible before making their NFL spread bets, in that they can make sure that the final line is something that they consider to be something they want to bet. Other like to wait because they feel they can gain some advantage from seeing how the line moves, perhaps by looking at how other bettors feel about the game. In any case, spread movement for NFL games is a common phenomenon and something that shouldn’t scare you away from making your wagers.
The NFL season will attract a lot of bettors over the next several months, and a lot of those folks will be betting the spread. Spread betting is popular for a reason, as it’s usually an even money wager that you can hit with regularity if you do your homework and get a little lucky. You should learn as much as possible about the spread before you make your wagers at top real money NFL betting sites .
Jim Beviglia joined Gamblingsites.org as a staff writer in 2018, parlaying his years of freelance writing into contributions on a number of different topics. He handles the sport of horse racing for GamblingSites.org and the intersection between the worlds of cryptocurrency and online gambling in a weekly blog.
For his full-time job, Jim handles the television and track announcing duties at a h ...
Jim Beviglia joined Gamblingsites.org as a staff writer in 2018, parlaying his years of fr ...
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OddsShark NFL How To Bet On NFL Games: Everything You Need To Know
Football is one of the most bet sports in North America and its popularity is at an all-time high, especially the NFL . Every Sunday, Monday, Thursday (and some Saturdays), people across the world are studying statistics, matchups and trends to get an edge on betting lines from various sportsbooks that offer NFL markets .
It could be a single game, a player betting prop or NFL futures odds that bettors wager on in an attempt to cash in. All of these will be detailed in our How to Bet on NFL guide below.
Placing bets throughout the NFL football season can be a fun and profitable endeavor, especially if you put in the time and effort. Luckily, Odds Shark does the heavy lifting –– so all you have to do is read this page and you’ll have a greater understanding of how to bet on NFL games from the preseason to the Super Bowl, whether you’re looking at live odds or traditional football betting lines.
The three most common football bets someone can make on an NFL game are on the point spread, moneyline or total. Let’s break down each of these betting types and how to understand the associated odds :
A point spread in football is a figure made by odds specialists with sportsbooks to provide an advantage or disadvantage based on the expected margin of victory or defeat for a given NFL team.
The “favorite” team would be at the disadvantage as it would need to win the game by a certain number of points, while the “underdog” would be given an advantage to not lose the game by a set number of points or to win outright.
Typically, the point spread for an NFL game would look like this:
This means that the Saints are favored to beat the Falcons by 7 points or more. At the sportsbook, each team is typically assigned a “-110” odds designation (or vig) for the spread since this is meant to make the matchup even and level the playing field for bettors while also providing a profit for the sportsbook.
Bettors would need to determine before the game starts if they think the Saints will win by more than seven points or if the Falcons will win or keep the game within seven points. If you bet on the Saints -7 and New Orleans wins the game 31-28, that means the Falcons covered the +7 spread and your bet loses.
The total in any NFL game is the projected final combined score of both teams. The total is set by oddsmakers based on how they envision a game will unfold from a scoring perspective. As a bettor, you need to determine if the final score will go OVER or UNDER the set total and there are many factors that need to be considered before placing a totals bet.
Before we look at research tips or online betting strategy, here is how a total would look for an NFL game at your online sportsbook:
Dallas Cowboys (Road) vs New York Giants (Home) – Total at 48.5
As a bettor, you would select whether the game’s final score will be OVER 48.5 points or UNDER 48.5 points. So, if the game ended 27-20 for Dallas, that would add up to 47 points, meaning the game went UNDER the closing total.
Here are some of the key variables that bettors need to research to feel comfortable placing a totals bet:
Some of the suggestions above are likely more important than others but all should be reviewed at least once before placing your bet.
It’s essential to monitor injury reports. The absence of a player at a key position like quarterback could influence how the game unfolds. Weather is another factor to consider and could impact a team’s game plan. Once you are content with the information you’ve researched, you’re ready to start making totals bets.
An NFL moneyline bet is when you pick which team you think will win the game outright. This type of bet is often called a straight-up bet at the sportsbook because moneyline betting involves you choosing one squad to win over the other.
Since there are typically skill and talent discrepancies between the two teams, the odds typically come at a premium for the “favorite” because there’s less risk of them losing the game to the “underdog.”
For example, if the New York Jets visit the New England Patriots, odds would look something like this:
A winning bet of $100 on New England would give you $162.50 – your original $100 comes back along with your winnings of $62.50. On the other hand, if you laid down that same amount of money on New York and they won, you’d get $240 – you get your $100 back along with your winnings of $140.
Betting on underdogs, in this case the Jets, is considered a riskier bet but you get a bigger reward. Conversely, wagering on the Patriots is less risky, which means it comes with less reward.
To find out how much you’d win based on what you bet, check out our Odds Calculator .
An NFL futures bet is made on events that could happen by the end of the NFL season. One of the most popular NFL futures bets available is “ Which team will win the Super Bowl ,” but these markets are not limited just to which team climbs the mountaintop and wins the championship.
Here are some of the most popular futures bets you can make before and throughout the regular season:
The knock on these bets is they can sometimes take weeks and even months for the winner to be determined but the odds are typically inflated so if you win your futures bet, the payoff is usually worth the wait.
For example, if you made a $100 bet on the Kansas City Chiefs to win the Super Bowl before the season starts and their odds were +500, you’d win $600 , which is $500 profit and the $100 from the original bet. But since you wagered in August, you would need to wait until the following February before you could potentially cash in, with that $100 tied up until the result is determined.
NFL prop bets are like a game within the game that many bettors play because it doesn’t typically determine the final outcome of the matchup.
The most popular NFL props you would find at a sportsbook usually pertain to individual performances and are determined via the OVER/UNDER method. Here’s an example:
Patrick Mahomes O/U 299.5 passing yards
As a bettor, you would need to determine if you think Mahomes would throw for 300 yards or more or be limited to 299 yards or less. If you bet the UNDER 299.5 and he throws for 350 yards, your UNDER bet loses.
Here are some of the most popular game and player props for an average NFL game:
These are just the tip of the iceberg for NFL props available to bettors and it goes into overdrive for the Super Bowl. When it’s time to bet on the big game, you can wager on props just like the ones above and sometimes ones that would be considered zany.
Props like the coin toss , length of the U.S. national anthem and what color Gatorade will be used to drench the winning coach at the end of the game are just some of the 300-plus props available for the Super Bowl.
A parlay is when you make multiple picks like a moneyline, spread and totals bet in separate games but on one single ticket. In order to win your parlay, you would need all bets to hit.
Let’s use the three examples above from the common NFL bets to determine the payout and what you could win if all three bets were successful:
The calculated odds for this parlay based on Odds Shark’s odds calculator are +492. If you bet $100 on this parlay and all three bets win, you would get a payout of $592 , which is $492 in profit and your original $100 back.
You can also choose two events to occur within the same game for a correlated parlay. For instance, you can take the Cincinnati Bengals to cover the spread at +10 (-110) against the Cleveland Browns and add an UNDER 41.5 (-110) bet for that game too. The odds for this parlay are +265 and if both are successful, you would receive a payout of $365 , which is $265 in profit and your original $100 back.
NFL Teaser bets are a way of adjusting point spreads to be more in the bettor’s favor. Like a parlay, you would need all your bets to hit to win your ticket; however, you get to adjust the preset point spread or totals lines from sportsbooks to lower your risk level.
Teasers often start at 6 points and can go as high as 15 points depending on the online sports betting site, but the most common varieties are selecting two or three teams and teasing NFL lines by 6, 6.5 or 7 points.
Here is an example of a two-team NFL teaser bet:
Let’s say you like Pittsburgh -4.0 and L.A. +6.0, but are worried that Pittsburgh might only win by a field goal or LA might lose by a touchdown. If you pair these games together in a 7-point teaser, you now have Pittsburgh +3.0 and LA +13.0. Here’s how it looks now:
Now, any Pittsburgh win (and even a one- or two-point loss) is a cover, and L.A. is also covered in many more circumstances. However, this comes at a cost because teasers move the line so favorably in the direction of your choice. Unlike two-team parlays that pay +260 at most books, two-team teasers pay -130 . You are minimizing risk but also minimizing payout opportunities.
In-play betting is when you wager on a football game after it has begun. Live odds and lines will be available for each drive and almost every option in the props section above can be bet on in real time. You can also do “result of drive” bets for how a given team will fare on a specific drive, like if the QB will throw an interception or complete his next pass or if the team will score.
The type of odds available will depend on how much time is left in the game and like the stock market, the odds move quickly depending on what’s happening on the field. These types of markets are meant for the more seasoned NFL bettor and would not be recommended for a bettor placing their first wager.
Now that you understand how to read football odds, and know how to bet on football, check out our NFL sportsbook review pages so you can feel comfortable with your online gambling. Best of luck betting on the National Football League!
There are several ways to bet on NFL games. When betting on the National Football League, you can wager on bet types likes the point spread, totals (also known as OVER/UNDERs), and the moneyline. Other popular NFL betting types also include NFL futures, game and player props, parlays, teasers, and live betting.
Yes, you can bet on NFL games online legally but it ultimately depends on where you reside and what laws have been established in your respective area. There are several places that have already legalized online sports betting , while other places require you to make a bet at your local sportsbook.
Some key tips before betting on NFL games would be to use a safe and trustworthy online betting site. Don’t bet with your heart. Bet with your head instead. The lines are created for a reason. They aren’t just pulled out of left field. And lastly, read the terms and conditions before accepting any welcome bonuses or rewards.
Odds Shark Staff Thu, Feb 17, 9:14am
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