The National Football League was hands down the biggest sporting event in the US.in2019,generating a total revenue of over $15 billion.
All this can be a bit overwhelming for those new to sports betting. That’s why we’ve created this guide to help you learn everything about betting on NFL this season.
How NFL Betting Works
Technically, you can just go to a betting site and start betting on NFL matches without needing to know anything. But you’ll significantly decrease your winning chances. If you’re new to online betting, the first thing is to learn about sportsbooks, like the betting options and bonuses. Most online betting sites offer bonuses in the NFL season, which you can use to double your winnings. In addition to that,you’ll also need to look at the betting options. Choosing the right betting strategy along with the right betting website will drastically increase your winning chances.
NFL Betting Options
It’s no doubt that the biggest game of the year comes with several betting odds. In every game, there are two teams. One is the favorite, and the other is the underdog. As the name suggests, the favorite has a higher chance of winning, and bettors generally prefer them. While the underdogs have lower chances of winning, but if they win, the payouts are higher. That’s why depending on the type of bet and the team you bet on, you can win big. But for that, you’ll need to be aware of each team’s performance.
The Moneylinebets are the most popular betting odds for NFL. All you need to do to win this bet is pick a team you think will win. If your team wins, you’ll win the bet. This may sound simple, but it isn’t. This is where the whole favorites vs. the underdog thing comes into play. You’ll need to have proper knowledge of the gameplay, or you’ll need to research the team’s performance in the season before picking them.
As opposed to Moneyline, the totals don’t require you to pick a team. Instead, the focus is on the number of points scored. This bet is also called over/under bet. Each team is given certain points; all you have to do is bet on how high or lowthe team will score than the given point. Guess that correctly, and the money is yours. But you can only successfully guess the number if you’ve been following the performance of the team.
The spread betting is a mixture of Moneylineand totals. You need to pick a winner and guess the points. The favorites have to lose the game by a difference of certain points, while the underdogs have to win by the same margin of points. This is a tricky bet, and you should only opt for it when you’ve mastered the Moneylineand Totals. The rest is the same, underdogs will give you more money, but they seldom win.
Parlay bet is a sort of risk-it-all bet. The biggest winning prize for this bet is the jackpot. To increase your chances of winning the jackpot,you’ll need to make as many bets as possible. The higher the bets, the higher the chances to win the jackpot.
But not only do you have to pick the right winner, but you’ll also have to put a lot of money on the line. If you end up winning, you’ll get a huge payout, but losing would cause you a huge financial loss.
Prop bets depend on the individual performances of the players. It’s quite famous in the NFL mainly because the gameplay depends on each player’s performance. These bets work the same way as every other bet; the difference is that instead of a team, you’re betting on the players. That’s why you need to be aware of each player’s performance in the season.
Touchdown bets are relatively new. It’s another way of hitting a big jackpot without doing much. All you need to do is make a bet on the player you think will score a touchdown. But again, you’ll need to have ample knowledge about the NFL players before making a bet. If your guess is correct, you’ll get a huge payout.
Regular Vs. Live Bets
Most bets are made before a game starts. Live betting, on the other hand, is done during the match. That’s why you don’t get much time to make your picks, and you need a super-fast response to stay on top of the live betting game. Because these bets are made in a matter of seconds, they usually lead to bigger payouts as well.
In 2021, due to its popularity, the NFL added another week in its season. Meaning there are more chances to place bets this season. The 2022 season will kick off with its regular season in January. Three rounds are leading to the final: The Super Bowl, where the champions are crowned.
The Best Sportsbooks
Your betting experience will largely depend on the sportsbook you pick. A good choice is a sportsbook with a good layout, quick payouts, good customer service, and multiple betting options. Luckily, many sportsbooks offer these services; the key is to find them. Some of the top sports betting sites are BetWay, Intertops, BetUs, and DraftKings. These sites shave a good landing page, along with easy-to-learn navigation. On top of that, they offer multiple banking options.
If you’d like to participate in safe and secure online sports gambling, check out Betting Sites Ranking. The website provides a list of top online sportsbooks that are legit with proper licenses. The websites are ranked by experts who take into account various metrics of each gambling site. You can even view the top betting sites in your region or take part in the top online bets happening in the next 24 hours.
About the Author
The author is a professional sports announcer who has carried out live commentary of many NFL games throughout his career. He has also worked with many sportsbooks for their PR campaigns. Currently, he’s expanding his expertise and moving towards hosting TV and Radio sports shows.