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The popularity of the sport has different meanings for each individual. One example of why it is the most popular to bet on is that there are so many options to choose from when it comes to how you want to bet on the NFL.
NFL future odds are the type of bet that is out in the future, hence the name. Think of this as a long term bet on an event out in the distance, such as NFL Super Bowl odds, NFL playoff odds, and even a list of the NFL MVP odds.
Bookies will take a look at a variety of factors, such as the strengths and weaknesses of each team, and provide odds based on similar scenarios. For example, you could see the Kansas City Chiefs being marked as +500 favorites to win the Super Bowl, and then have someone like the Arizona Cardinals as +9000 long shots.
Reading those odds do not have to be complicated. Assuming your bet wins for the Chiefs, a $100 bet on them would net you $500. For the Cardinals, a $100 bet would net you $9,000. These are examples of positive sign (+) bets.
The moneyline bet is one of the most common bet types out there with any sport. Everyone does this type of bet whether or not they realize it.
You are simply picking who will be the winner of an event, such as looking at the NFL Week 1 odds or even regular season play. Let us look at odds for an example:
|New England Patriots||+200|
As we have discussed already, the Patriots are signed with a positive number at 200. They are considered the underdog in this situation since the Colts have a minus sign. A $100 bet would net you $200 for the Patriots.
The Colts are considered the favorites since they are marked with a minus sign. You would need to place $250 to earn back a $100 return if they win.
This betting method is arguably the most popular way to wager on the NFL. Bookies will again consider the underdog and favorite, and attempt to handicap the favorite in the way of points.
Let us use the previous example above to correlate the two teams at hand. We already see that the Colts are a favorite, and in this case, a 6 point favorite.
For this bet, you are wagering that the Patriots will either win the game outright or lose by no more than 6 points. On the Colts side, you are wagering that they will win the game by more than 7 points.
As you can see, the spread has a .5 with the 6. This ensures there are no ties on a bet, and you either have to be under or over that amount.
The totals bet is a great wager for bettors who simply enjoy the overall score of the game. There are a handful of strategies to go along with this, but you are mainly concerned about how both teams are going to perform rather than who will win.
For instance, say you have a totals bet of 49.5. This means that both teams have to collectively score either 50 points total or under 49 for the bet to win, whichever route you choose.
It does not matter which team scores what, as long as the total is met. So if one team has 30 points and the other has 13, your bet would win if you chose the under. The .5 added to the number is the same principle used in the point spread wager.
Prop bets are what make betting have some extra fun. Without having to put too much thought into it, these bets are somewhat profitable and appealing at the same time.
These bets might include:
There is generally an endless number of bets you can find for this type of wager. Although they are fun to think about and do not affect the game itself, keep in mind that these bets need to be used with caution since they are harder to predict.
NFL Vegas odds is a phrase that people use since Las Vegas is considered the gambling capital of the US. You can find just about everything under the sun to bet on in Vegas, so people like to just refer to that area. You can find odds at any trusted sportsbook online.
To place bets, you need to live in a state that allows legal sports betting and meet the criteria to do so. Finding a list of reputable sportsbooks would be your next step, along with doing the proper research on your bets.
The odds are always subject to changes since the market has an influx of bets coming in. If one side is heavily bet on, then the market must adjust, and the odds will change.
So if you are looking for the best odds, you need to be updated when the market begins to put them out. This way, you can get in on the action early in case they move a lot.
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