With the NFL regular season in full swing and sports betting legalized in more than 30 US states, millions of Americans, not to mention many more football fans around the world, are placing bets on their favorite NFL teams.
The great thing about betting on NFL is it can be as simple or as complicated as you want it to be. But chances are, there are more types of NFL bets available at Legit Gambling Sites than you thought. Here, we run through the options that are available.
This is about as simple as football betting can get. Many casual fans simply want to put a few dollars on the NFL team that they support before they settle down to watch the game. If their team wins, so do they, and it makes victory even sweeter. This is called a moneyline bet. Most bookmakers express moneyline odds as a whole number relating to a $100 bet. So for example, in the Week 8 AFC East showdown between the Jets and the Patriots, the Moneyline odds were Patriots -125, Jets +110. So if you bet $125 on the Patriots you stand to win $100, while if you put $100 on the Jets, you can win $110.
Here, you place what is effectively an even money bet on either team, but the favorite is handicapped by a certain number of points. So to use the same game as an example, we can see the teams are very evenly matched, but the Patriots are slight favorites. In this case the points spread is 1.5. This means if you bet on the Jets, they must either win, tie or lose by one point to pay out. The Patriots must win by 2 points or more. The points spread also expresses the bookmaker cut in brackets – so in the above example, it might say as follows:
Spread: Jets +1.5 (-110), Patriots -1.5 (-110)
The numbers in brackets mean that you need to wager $1.10 to win a dollar.
Over / Under
Here’s a fun bet that you can win regardless of which team comes out on top. The bookmaker picks a par figure and you can make an even money bet on whether the total number of points scored by both teams will be over or under that number. In our Patriots / Jets example, the over/under was 40.5. Once again, you’ll see a number in brackets that tells you what the bookmaker will retain as commission.
Proposition or “prop” bets contemplate specific events in a game. There are numerous prop bets including such things as whether a running back will rush for more than 100 yards, how many passes the quarterback will complete or indeed how many times he will be sacked. There have also been some unusual prop bets over the years such as whether the national anthem will run for more than two minutes or even, as happened at one Super Bowl, whether a Kardashian would get engaged during the half time show. There really are more betting possibilities than you thought in NFL!