How To Bet On Nfl Spreads
A few complementary NFL betting tips never hurt anyone, either. Let’s get started. NFL Betting Glossary & Tips. Spread – The most popular way to bet on NFL football is by betting on a team against the spread (ATS). You will either wager on the favorite or the underdog to cover the spread. The point spread, which is the most popular type of bet, lists the favored team with a minus sign and a number and the underdog with a plus sign and the same number as the favorite. (If neither team is favored, they will be listed as EVEN or PICK.).
How to Use the Odds Comparison Tool
Compare odds across legal US sportsbooks at ScoreandOdds.com to help you profit over the course of the NFL season. Find out how to use the odds comparison tool, along with other NFL betting tips below.
Are you in a state or traveling to a state with legal sports betting, such as New Jersey, Pennsylvania or Indiana? Our odds comparison tool is perfect for you.
Highlighting the best lines — spreads, totals and moneylines — from multiple sportsbooks across the legal US sports betting industry, you can outsource line-shopping in your betting process, saving you time and money in all of your sports betting endeavors. Simply click on spreads, totals or moneylines underneath Bet Type. The best line will be outlined in red, showing you which sportsbook you should use for each respective bet.
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Of course, if you are new to NFL betting, or sports betting in general, you will first need to understand what you are looking at in terms of NFL spreads, moneylines and point totals. A few complementary NFL betting tips never hurt anyone, either. Let’s get started.
NFL Betting Glossary & Tips
Spread – The most popular way to bet on NFL football is by betting on a team against the spread (ATS). You will either wager on the favorite or the underdog to cover the spread. The Favorite is the team giving or laying points (ex: Chiefs -7). The underdog is the team getting points (ex: Colts +7).
By betting on the underdog, the team does not have to win the game for you to win your bet. You need them to lose by less than the number of points they are getting. If they win outright, you will win your bet too. Example: If you bet on the Indianapolis Colts +7, the bet wins if the Colts lose by six points or less (or win outright), you push (no money won or loss) if they lose by exactly seven points, and you lose if the Colts lose by eight or more.
NFL Betting Tip: Be aware of NFL key numbers when betting, the two most important numbers being 3 and 7. It is more common for teams to win by 3 or 7 points than any other margin of victory. The third-most common margin of victory is 10 points. Often, you will find different point spreads across different sportsbooks. If one sportsbook has a team favored by 7 points, by using our odds comparison tool, you can quickly find out if another sportsbook has the spread at 6.5 or 7.5 points. Finding the best spread is arguably the biggest factor in making you a profitable bettor over the long term.
Nfl Expert Picks Against Spread
Money Line – By betting on the moneyline, you are only wagering on what team will win or lose. Large favorites require you to risk more money than you will win (ex: Chiefs -300, requires you to risk $30 to win $10). Conversely, betting on underdogs will earn bettors more money than they risk (ex: Bengals +300, a $10 bet will earn you $30 profit).
NFL Betting Tip: While it is important to take or give points when the team you like is on the right side of key numbers, what do you do if the spread is not on the right side of the key number? Maybe you love an underdog and even think they have a chance to upset the favorite but the spread is +2, not quite reaching that key number of 3. The moneyline might be more enticing here. Some historical data shows that break-even percentages on moneyline underdogs are better than that on moneyline favorites
Total (Over/Under) – When you bet on the point total, you’re betting on the total number of points scored by both teams. So if a game has a total (or Over/Under) of 49 points before kickoff, you can bet on Over or Under 49 total combined points between the two teams for the entire game. Points scored in overtime are included. There are also point totals for quarters and halves.
NFL Betting Tip: Try to spot teams who have changed things up, whether by adding a key player in the NFL free agency or identifying a generational talentbefore others do, such as Patrick Mahomes. During the 2018-19 season, in Mahomes’ first year as a starter, the Kansas City Chiefs went Over their respective point totals in each of their first three games. By the end of the season, Chiefs Over/Under record was 10-5-1.
Vigorish (vig) or Juice – The vig or juice is the cut sportsbooks take from bettors to place their bets. This is the house edge. Sportsbooks typically have a vig of -110 on both sides of a bet, meaning you have to risk $11 for every $10 you want to win. Taking into account the vigorish, you need to win not half of your bets but at least 52.4% to break even.
NFL Betting Tip: While -110 is most common, some sportsbooks are nicer than others when it comes to vigorish. You will want to use SAO’s odds tool to find which sportsbooks are charging the least amount for your NFL picks.
Other NFL betting Terms
Parlay – A parlay involves two or more picks, all of which have to win for your parlay to pay out. You have a three-team parlay, and two of your picks win but the last game loses? Tough luck, you lose the entire bet. Parlays are attractive to bettors because of their large payouts. Two-team parlays traditionally pay 2.6-to-1, three-team parlays pay 6-to-1, four-team parlays pay 10-to-1, etc. Though we refer to these as “two-team parlays,” parlays can consist of picks on the point totals and sometimes even props. Use our parlay calculator for your convenience.
NFL Betting Tip: Remember, NFL lines are extremely efficient. In fact, the NFL is arguably the toughest sport to beat over the long haul. Parlays require perfection, making it even more difficult for you to win on Sunday.
Teasers – Like a parlay, teasers require more than one pick, and all picks in your teaser must hit. NFL teasers are a popular way of moving multiple point spreads (or totals) to bettors’ advantage. Since the points are adjusted in the bettor’s favor, teasers do not have as large of payouts as parlays
How To Bet On Nfl Spreads Spread
NFL Betting Tip: Generally speaking, teasing football point totals does not raise your win rate enough to make teasing advantageous. This is especially true in college football, but even in the NFL, it is much sharper to focus on teasers that move point spreads through key numbers like 3 and 7.
Live Betting – Live betting occurs after a game starts. Did you sleep in or forget to place a bet, missing the kickoff of an NFL game you wanted to bet on? Most US sportsbooks will have live lines available for you to bet on while the game is still in progress.
How To Gamble On Nfl
NFL Betting Tip: Live lines are not as efficient as closing lines in sports betting. Watch games closely, take in the extra information available, and use live lines to your advantage, especially if you notice something that you believe sportsbooks’ live algorithms are not accounting for.