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Betting for NFL US

Best NFL Sportsbooks & Betting Sites 2024

Last Updated on 11/02/2024
Fact checked by: Drew the DFS Guy

Betting for NFL is by far the most popular bet among major American sports league, boasting the most popular game of the year, the Superbowl. The journey to the super bowl is packed with games from the NFL league. The NFL league is so popular that its crossing the American boundaries to the UK. This article will explain in details each football wager type that can give you the feeling of a touchdown on your wagers. This includes spread, moneyline, totals, parlays/teasers, halftimes, and futures.

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Interesting Facts about Betting for NFL

  • Has similar betting techniques to NBA betting
  • NFL betting odds come in three popular formats
  • Good understanding of handicaps is a good strategy in NFL sports betting
  • Winning most of your bets falls on 50-50 chance

NFL betting is becoming increasingly popular even outside of the United States. With even more regular season games planned to be held in the UK after a minimum of three overseas games has been played on UK home ground. Whilst games in UK only make up a fraction of the regular season fixtures, football fans can still watch the NFL all year round, so with more and more fans watching, the NFL sports betting frenzy also is increasing astronomically and learning the strategies to cash in the odds as a punter is essential

There are three basic betting types in NFL betting;

  1. MoneyLine,
  2. Handicap or spread betting
  3. Totals - the same as NBA betting

Moneyline NFL betting

The Money Line (1X2 without the draw) is also commonly used betting technique because it is simple and straightforward - it is essentially betting on who will win the game. A moneyline wager is one that is placed on either the favorite or the underdog to win straight up. All that matters is who wins. To win a money line bet, your team must win the game. It doesn’t matter how many points they win the game by. They can win by 1 point or by 50 points. A win is a win and you take home the money. However, there is a condition! If the team that you bet on is a heavy favorite than the team that you are betting against, you will need to wager a large amount, to win a small amount. If you are betting the underdog, you can bet a small amount, to win a large amount. Look at the example below.

Cleveland Browns@ 3.45 and the New York Giants@ 1.36

As we can see, the Giants are clear favorites in this game at odds of 1.36 while the Browns are at odds of 3.45.

As we said, there are no handicaps involved in American football money line bets.  The punter is simply betting on who he or she thinks will win the game. If the punter believes there is value with New York Giants, he or she bets on them to win the game at odds of 1.36. On the other hand, if he or she believes there is value with Cleveland Browns, he or she bet on them to win the game at odds of 3.45.

Another example to look at is the game between

  • Los Angeles Rams -600
  • Dallas Cowboys +500

In order to win a $100 stake on the Los Angeles Rams, the player must lay $600. However, a $100 bet on the Dallas Team will earn a profit of $500. As a result of the high risk and relatively low reward occasioned by wagering on the Los Angeles Rams, the punter may decide to bet against them, or maybe place a smaller stake on the Cowboys.

Handicap or Spread Betting

NFL teams have variations in strength, experience and skill, so in order to level the perceived bias in abilities, sports bookies offer a point handicap or point spread - this is often referred to as “the spread”.

NFL wagering is dictated by the point spread. The negative sign (–) or positive (+) sign attached to the number shows which team is the favorite or underdog. Let’s look at an example to illustrate this

Consider a game between the Dallas Cowboys and the Los Angeles Rams. The point spread for this game is as given by the sportsbook

                                                   Dallas Cowboys @ + 6.5 -110

                                                  Los Angeles Rams @ -6.5 -110

 

-110 mean what exactly?

This number means for every $110 the punter wagers, he or she wins $100 profit on successful bets. You can bet however much you chose, within the rules and guidelines of your sports bookie.

+6.5 and -6.5 means what exactly?

 A wagering on Los Angeles Rams at -6.5, translates that for successful wager, Los Angeles Rams must win the game by 6 points or more. If you put your money on Dallas Cowboys at +6.5, this translates that the Dallas Cowboys can lose the game by an allowable margin of  5 points, if it becomes 6 or more; you forfeit your wager.

 

Over/Under

The concept of betting on totals, or Over/Under (O/U), is quite simplistic. The bettor wagers on whether the TOTAL points scored in a game will fall over or under a pre-determined number set by the sportsbook. Much like the point spread, game totals can be swayed by public opinion. The example below

Totals NFL Betting

Totals NFL betting focuses on how many combined points will be scored by both teams during the game. Totals NFL betting centers on how many combined points will be scored by both teams during the game. Bookmakers offer an option to bet on whether or not the total points will be either over or under the totals mark. This is why this form of betting is often called the Over/under. The concept of betting on totals, or Over/Under is very simple.  The Punter stakes on a event where the total points scored in the game will fall under or over a certain point decided by the sportsbook. The example below shows a Superbowl game and the opening NFL betting odds for under-over.

The example below shows the Over Under points total for a game between the Dallas Cowboys and the New York Giants. As we can see, punters can bet on either side of 50.5 total points scored in the game. 

The Dallas Cowboys and the New York Giants @ over under 55.5, 1.91

 A wager on Over 55.5 points means both teams score must sum up to  at least 56 points for your wager to be successful. Conversely , if you wager on Under 55.5 points, both teams must score at most 55 points for their wager to be successful

Online sports betting sites for football offer odds of between 1.90 and 1.95 for NFL total bets In general.

In-game NFL Betting

In-game betting or live betting as sometimes referred to affords punters to place wagers as the action unfolds. Different quarters and halves come with new adjusted odds matching the games tempo and condition. Many times betting opportunities are presented in halftime, in which you can wager on the outcome of the next half or next quarter.

An example is given below

Team                              Score (halftime)               Spread (halftime)             Final Score

New England Patriots     14                                      +4 (-100)                             29

New York Giants              18                                       -4 (-100)                             25

For the next half, the game is reset to at nil at halftime. From the set spread given by the sportsbook at halftime, the New York Giants are to lose to the New England Patriots by 4 points in the next half. A wager of $100 dollars on the New England Patriots would lead to a profit of $100;  The patriots won the game by exactly 4 points margin.

Futures bets

Futures bets are bets placed on future events. Most times, they are placed long before the start of the season or just before the start of the season, a wager or bet on a future eventuality. An example is a wager placed on who will be the Superbowl champion.  It’s also possible to bet on NFL and College football futures as well. This can be an alternative to live NFL Betting.  NFL futures involve betting on the winners of the following:

  • NFL Super Bowl Winner
  • NFL Conference Champions
  • NFL Division Winners
  • NFL Most Valuable Player

This bet will of course pay out much higher when it is placed before the season actually begins, and the NFL betting odds for future wagers bet  gets  worse and worse as the season goes on. Planning on placing a unique prop bet? Be sure to visit our best NFL prop bets guide for the low-down on all the best possible prop bets.

Which bookmakers offer the Best NFL Betting Deals?

Sports bookies now offer a deep menu of NFL betting odds to bet on. For expert sports betting odds and sports betting NFL service, live odds changes from the major sports bookmarkers. Find out which sport bookies offer the best odds at our sports betting comparison page for profitable bets. The information on our sports betting comparison page is researched critically to help you make the best choices and to ensure you profit maximally from NFL betting. Thus, it is important to use this service to have an eye-opener and edge over NFL betting odds. You can also take a looka t our individual provider reviews for a comprehensive look at NHL betting markets, such as our Betfair sportsbook review.

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