Finding reliable sources where sports betting terms are explained is essential to get a deep understanding of the terminology and nuances of different types of NFL bets. This is necessary to make pregame picks or adjust them during live betting. In this section, we cover essential NFL betting types.
Point Spread Betting in NFL
In point spread betting, you must consider the line, the number of points separating the two NFL teams. This margin levels the playing field, assigning a points handicap to the favored team, which they must overcome for your bet to win.
Moneyline NFL Betting
In NFL moneyline bets, you’re not concerned with point spreads or margins of victory; your sole objective is to predict which team will come out on top. Minus odds indicate the favorite or the team expected to win. Plus odds point to the underdog or the team that’s less likely to win.
NFL Parlays
NFL parlay betting bundles multiple bets from various games into a single bet. This type of betting amplifies the risk and potential reward by requiring all parlay selections to be correct to win. However, not all sports betting sites allow parlays of multiple divisional winners or parlays where you include both the game and the player prop for a participant in the same game.
What Is a Teaser in NFL Betting?
NFL teaser bets are a variant of parlay betting, offering bettors adjusted spreads and totals. In essence, a teaser bet allows you to move the lines in your favor, either by adding points to the spread of an underdog or by reducing the spread of a favorite.
Points Total Football Bet
NFL game totals, commonly referred to as over/under betting, is a form of wagering where bettors predict whether the total score of a game will be over or under a specified number. Oddsmakers consider different factors, including teams’ offensive and defensive performances, current injury reports, historical matchups between the teams, trends in scoring across the league, and external factors.
Player Props NFL Wagers
Player props betting focuses on individual players’ statistics rather than the game’s overall outcome. NFL prop bets involve placing bets on specific milestones a player might achieve in a game, such as the number of touchdowns scored, yards gained, or receptions made.
NFL Future Bets
NFL futures betting involves placing wagers on the regular season and playoff outcomes. It encompasses many betting options, from predicting which team will win the Super Bowl to forecasting season-long individual awards like NFL MVP or Rookie of the Year. As the season progresses, the odds shift but can still be quite lucrative, especially if a bettor’s prediction is on an underdog team or player to achieve significant success.