Spread Betting American Football Explained
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Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.
For each NFL game the oddsmakers set a number of points in which the favored team is favored by. Bettors can then either choose for the favored team to win by more than the number of points set, or bet on the underdogs to lose by less than the number of points they are underdogs by or win the game straight up. For example, the spread could be set on the favored team at 6.5 points. This would mean in order for a bet on the favored team on the spread to win they would need to win by more than 6.5 points (7 or more) in order to win the bet. It also means that a bet on the underdog team would win if the underdogs lost by less than 6.5 points (6 or less) or won the game outright.
Below is an example of what NFL spread betting would look like:
Matchup
TeamsSpread
Dallas Cowboys -2.5
New York Giants +2-5
The negative (-) sign indicates that the Cowboys are the favorites, while the positive (+) sign indicates that the New York Giants are the underdogs. With the spread set at 2.5 points, a bet on the Cowboys would mean that they would have to win by more than 2.5 points (3 or more) in order for you to win that bet. A bet on New York would mean that the Giants would have to either lose by 2.5 or less points (2 or less) or win the game outright in order for your bet to win.
Here is another example with a screenshot taken from 5Dimes.eu during Week 3 of the 2013 NFL season:
Here you can see that the Rams are +3.5, while the Cowboys are -3.5. So for this example the Cowboys are 3.5 point favorites, while the Rams are underdogs of 3.5 points. If you were to bet on St Louis you would need them to lose by 3 or fewer points or just win the game outright. If you were to bet on Dallas you would need the Cowboys to win by 4 or more points.
If the Cowboys were to win by 3 points, lets say 30-27, any bets on the Rams +3.5 would win. Even though the Rams didn’t win the game they covered the spread of 3.5 points.
Now if the Cowboys were to win by 4 points, lets say 31-27, the Cowboys have covered the spread and anyone who wagered on Dallas would win their bets.
You may often notice that the spread is sometimes set at an even number such as 3, 6 , 10, etc. In this case if the favored team won by the exact amount set for the spread the bet would be pushed, and all bets would be returned. For example, if the Patriots were 3 point favorites and they won by a FG (3 points) than this would results in a push, meaning no matter which side you bet on you would get your money returned to you.
The most common NFL spreads are usually set between about 2.5-10.5 points, but you will also almost always have games each week with spreads lower than 2.5 and higher than 10.5. In the event that the oddsmakers feel the game doesn’t need a spread, it would be set at 0 or what some call a pick’em (both teams are given even odds to win for this type of bet).
The odds given on the spread are usually -110 unless otherwise noted. It is not uncommon to see one side of the spread being -105, with the other side being -115. If you don’t see any odds listed for each side of NFL spreads you are supposed to assume the odds are -110 on each. Not sure how to read NFL betting odds? Check out our Sports Betting Odds guide.
Now that you know the basics of NFL spread betting you’ll want to check out our Sports Betting Strategy guide which has some great NFL strategy articles written by a professional bettor.
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American Football spread betting
American football spread betting is a way of betting on a 'spread' or prediction of outcomes to happen in a match.
Step 1: Choose a spread market on a NFL match. E.g. the 'spread' on Total Points may be 47-50.
Step 2: Decide if you think the final outcome will be higher or lower than the spread.
Step 3: If higher (e.g. more than 50 points) you would buy. If lower (fewer than 47 points) you would sell.
Step 4: Your profit or loss depends on the difference between your buy or sell level and the final outcome, multiplied by your stake.
See more in our short video on American football spread betting.
From Points to Touchdowns to Supremacy, Spreadex will take you all the way to the Super Bowl with its American football spreads.
To place an American football spread bet, look at the Spreadex prediction or spread on the market in question.
If you think the outcome will be higher than our price, then you would buy on the spread.
If you think the outcome will be lower than our price, then you would sell on the spread.
The more right you are the more you can win, but the opposite is the case if you get it wrong, as you may lose more than your initial stake.
Try our interactive widget below for examples of how American football spread betting works for a theoretical £10 bet on different markets.
Alternatively, read on for more examples explaining how to place an American football spread bet.
The widget shows in more detail how spread betting markets can differ in volatility. For example, the range of the outcomes for a Field Goal Yardage or Touchdown Scorers' Shirts spread bet is greater than for the Total Points market, which in turn is more volatile than Total Touchdowns. Therefore, it is important to choose a stake level you are comfortable with for different markets.
Try using the widget for different American football markets to see how potential profit and loss levels can vary. This will help you practice American football spread betting and give you an idea of how the markets work before you try for real yourself.
It is the Super Bowl and you are expecting a bucket load of points, so take a look at Spreadex’s Total Points spread betting market.
Spreadex is offering a Total Points spread of 41-44. You decide to buy £5 at 44. The game ends up 41-33, meaning you finished with a profit of £150 ((74 – 44) x £5).
Even a lower-scoring game, say one that finished 28-24, would leave you with a profit of £40 ((52 – 44) x £5).
However, something like a 13-3 result would leave you with a loss of £140 ((16 – 44) x £5).
It is the opening game of the new NFL season, and you aren’t expecting a particularly high-scoring game, so take a look at Spreadex’s Total Points spread betting market.
Spreadex is offering a Total Points spread of 47-50. You decide to sell £5 at 47. In the end, the game finishes up at 14-7, leaving you with profit of £130 ((47 – 21) x £5).
A higher-scoring fixture, like 21-17, would still make you a profit of £55 ((47 – 38) x £5).
But a thrilling game, with a 35-31 scoreline, would result in a loss of £95 ((47 – 66) x £5)
In-play American football bets allow you to open or close bets at any point in any match, meaning you can close out of your bets early either to take profits or to cut losses.
If you’ve never placed American football bets in-play before, simply visit the Spreadex site on your computer, tablet or phone when you are watching a live NFL match and see how our prices change throughout the fixture.
If you disagree with a prediction made by our trader on a certain market at any time, then that signals your chance to place an in-play bet and back your judgement!
Points Supremacy: This is the predicted margin, in points, by which one team will beat another and the price, or spread, will indicate which team is being placed as favourite over the other.
For example, Spreadex is offering a Team A/Team B Points Supremacy spread of 5-7. If you think Team A will win by more than 7 points, you would buy. If you think Team A will win by less than 5 points, or lose the match, you would sell.
Supremacy Plus: Here the winner of the match receives 10 points plus a further point for every point won by.
Pass Yards Supremacy: This is the predicted margin, in passing yards, by which one team will beat another and the price, or spread, will indicate which team is being placed as favourite over the other.
Super Bowl Index: Spread on how a team will perform over the season based on: the Super Bowl winner receives 100 points, the runner-up 70 points, with the losing conference championship getting 50 points, losing divisional playoff 33 points, wildcard 20 points, and anyone 0.
Divisional Index: Spread on how a team will perform in their respective NFL division, based on: 1st place finish = 50, 2nd = 25, 3rd = 10, 4th = 0.
You could fill Michigan Stadium with the number of touchdown-related NFL spreads Spreadex offers. Here is just a taste:
Total Touchdowns: The total number of touchdowns scored in a match. Spreadex also offers Total Touchdowns spreads for individual named teams and for each individual quarter.
Total Touchdown Minutes: The combined total, in minutes, of touchdowns scored across a match.
Touchdown Yardage: Aggregate total distance, in yards, of all touchdowns scored in a match.
Touchdown Shirt Numbers: Combined total of the shirt numbers worn by all players scoring a Touchdown in a match. Spreadex also offers Touchdown Shirt Numbers for individual named teams.
Player Touchdown Minutes: The combined total, in minutes, of touchdowns scored by an individual player in a match.
Player Touchdown Super Mega Minutes: The combined total, in minutes, of touchdowns scored by an individual player in a match, but where the 2nd touchdown minutes are doubled and the 3rd touchdown minutes are trebled.
Total Points: The total number of points scored across a match.
Team Points: The total number of points scored across a match by the individual named team.
Multi Points: The total number of 1st half points multiplied by the total number of 2nd half points. Spreadex also offers Team Multi Points.
Team Performance: This is a spread per team based on: Win = 25 points, Touchdown = 15 points, Field Goal = 5 points, and sack opponents’ quarterback = 5 points, but with a missed kick = -5 points and a turnover = -10.
Shirts Bets: These include Team Shirts, Average Shirt Number, 1st Touchdown Shirt Quarter and Quarter Shirts.
Field Goal Bets: These include Total Field Goals (for Match, Team and Quarter) and Field Goal Yardage (Match and Team).
Sacks Bet: These include Total Sacks for both the match and individual named teams.
Bet on Corners, Goal Times, Player Goal Minutes, Shirt Numbers, Bookings, Match Performance and much more.
Bet on Runs, Bowler Performance, Fall of Next Wicket, Player Performance, Wides, 4s, 6s and much more.
Bet on Total Points, Total Games, Supremacy, Cross Courts, Index-based bets and much more.
Bet on Winning Distances, Favourites, SPs, Jockey Performance, Double Numbers, Match Bets and much more.
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In relation to spread betting, Spreadex Ltd is authorised and regulated by the Financial Conduct Authority. Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone so please ensure you fully understand the risks involved.
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