Placing bets on football games can be intimidating, especially if you’re not exactly sure where to start or what information you should use to make your bet. But with the right information, placing bets with NFL odds can be an easy and fun way to make some extra money on your favorite sport. This step-by-step guide will show you how to place bets with NFL odds in no time at all.
- Follow Sports News Closely
The first step to placing a bet is knowing which sports you want to wager on. When betting on the NBA, for example, a gambler needs to know what type of bet they want to place and how much money they would like to risk.
Betting options in the NBA include point spread, total points or moneyline bets.
- Understand Spreads
The spread is the amount of points that a team has to gain on the other team for their favored team in order for them to win. For example, if the favorite wins by more than three points, they would cover the spread and you would win your bet. If a favorite loses by less than three points, it is considered a push; meaning you lose your bet but don’t incur any losses.
- Understand Teasers and Parlays
A teaser bet is when you pick two teams and the point spreads are reduced by a certain number of points. A parlay is when you place a bet on three or more games, where if one game loses, all other games in the parlay lose.
- Know the House Edge
The most common way people bet on the NFL is by using a point spread. The point spread is the difference in points between two teams. When you place a bet, your team has to win by more than the point spread for you to get even money back on your wager. For example, if you bet $10 on Team A and they are up by seven points at the end of regulation time, then you will win $14 because there was a 7-point point spread.
- Be Smart When Placing Your Money
When it comes to betting, there are many ways in which you can do so. Some people like making bets on sports, while others prefer casinos. No matter what you decide is your preferred way of betting, there are some things that you should be mindful of before placing your money. First and foremost, make sure that you know where the odds come from before placing a bet. They may not be as fair as they seem at first glance.
- Being Consistent Pays Off
When you place bets, it’s important to be consistent. That means always betting the same amount on each bet and never changing your bet size or types of bets. Betting is a numbers game and the more consistently you play, the better your odds will be.
If you are a football fan and want to increase your chances of having a winning season, get in the game by placing bets. If you don’t know where to start, here is some information on how to place bets with NFL odds.