How To Bet On NFL
There’s no doubt about the Super Bowl’s status as the most-viewed single sporting event in the US. Experts regarded the 2021 Super Bowl as the lowest-watched edition in almost 15 years. Still, it attracted about 96.4 million football fans across the world. An NFL season’s per-game attendance is higher than the average for any North American major league sports game. In 2020, a massive 14.9 million people tuned in to watch regular-season NFL games on average.
Thanks to the league’s popularity, NFL betting ranks as the most dominant betting option at legal US sportsbooks. If you’re a fan of the NFL looking to increase the excitement by placing football wagers, this comprehensive guide is for you. Our betting experts provide all the essential knowledge regarding the NFL, including common bet typesand expert betting tips.
Is NFL Betting Legal In The US?
Betting on NFL games is now completely legal in several US states. You can place your football wagers however you like, whether via a legal US sportsbook app or at a land-based retail operator. All that’s required is that you’re of legal gambling age and within any of the states where sports betting is legal. Several more states are planning to legalize sports betting, thanks to the Supreme Court ruling of 2018 that tore down PASPA.
How Do I Read NFL Lines, odds, and bets?
Moneyline
Moneyline bets are straightforwardto understand. Your only task is to predict the team that will come out victorious in an NFL game. Unlike with the point spread, the margin of victory does not matter with moneyline bets. Every NFL moneyline bet comes with one team regarded as the likelier to win the game and another considered the more probable to lose. The former is called the favorite and carries a (+) symbol. The latter, the underdog, comes with a (-) character. The number beside the (+) sign indicates the amount you must stake to receive a $100 payout, while that of the (-) sign shows how much you’ll get if you successfully staked $100.
Spreads
Spread bets are a very popular option among NFL fans as they give out more value than the regular moneyline bets. Before a game, the oddsmakers will typically set a points spread that indicates the margin by which a team will win or lose the game. You can then either wager on the favorite team winning by more than that margin or the underdog losing by less than their loss margin. Your spread bets will also come through if theunderdogs go ahead to win outright.
Parlays
An NFL parlay is a combination of more than one betting event into a single wager. Any events in the combinationare referred to as ‘legs,’and they vary from moneylines to futures, totals, and point spreads,all bet on different NFL games. The great thing about parlays is that they allow you earn more enormous profits than if you were to stake on each leg separately. However, they also come with more significant risks. For your NFL parlay bet to be a success,every single leg must win. If even just one bet loses, your entire parlay is off.
Props
Many bettors regard prop bets as one of the more interesting NFL bet forms. This is because it’s the only bet type that allows you to stake on the most random, obscure possibilities. For instance, your prop bet could be on which team will be the first to get on the scoresheet in an NFL game, but it could also be on the amount of time the national anthem would take in the Super Bowl.
As you’ve probably already figured, a prop bet’s outcome dependsmainly on the ‘luck’ factor. Unlike with a moneyline where you have to pay attention to a team’s recent record, or the point spread where you watch out for a player’s stats, your prop bet being a success mainly depends on whether your luck is on. This is why many NFL fans consider them a side bet, more than anything.
Legal Betting on the NFL
NFL wagers present great opportunities for players to increase the fun they have watching the sport they love. Armed with our tips you may be eager to try out online betting for yourself. Download a legal US sportsbook or head to a licensed website, and start placing your bets on the NFL now.
