The NFL is the most popular sport in America, and it’s no surprise that the betting market around it is also huge. In fact, over $4 billion was wagered on football last year alone. But with so many people betting on games every week, you may find yourself struggling to keep up with all of the different betting options being offered on the market. To help you navigate this complex world, we’ve put together an overview of how you can use NFL betting sites to your advantage—from live bets to teasers and everything in between!
More complex betting options
The growth of the NFL betting market has led to more complex betting options. The increased popularity of the sport, and thus its gambling potential, is a factor as well. According to Statista, revenue from sports betting in the United States was more than $5 billion in 2017—more than double what it was just five years ago.
There are now multiple ways for you to bet on American football games:
- Straight bets allow you to predict whether one team will win or lose by how many points they score (or don’t) at any given time during the game. You can place straight bets on an individual game or across multiple games within a single week or season
- Parlays involve picking two or more teams that must all win their respective matches for your parlay to pay out—and there are four different types of parlays available: straight/mix (which requires that only one team wins), round robin/mix (which requires that two teams win), teasers (whereby you receive extra points if you correctly predict where an extra point kick will be kicked from) and first half winners/second half losers (whereby you receive points if one team wins before halftime and another loses after it).
NFL Betting Sites Offer a Variety of Betting Options
NFL betting sites offer a variety of ways to bet on games, and the growth of their market has led to more complex betting options. In addition to traditional bets like the point spread, moneyline, and over/under, many sites offer alternative wagers such as parlays (where you can win multiple bets with one single outcome), teasers (where you can adjust the line by a specific number of points), and futures (which lets you bet on which team will win its respective conference championship).
The possibilities are endless!
Live Betting in the NFL
Live betting is the latest trend in NFL betting. It allows you to place bets on the game as it is happening and gives you the opportunity to increase your winnings during a game. Live betting was first introduced by online bookmakers in the UK, but now it’s available across North America.
There are three main types of live betting: In-play, cash out, and special bets. In-play bets can be placed at any time during a game while cash out allows you to withdraw winnings once your bet has reached its target amount. Special bets allow sportsbooks to offer an even greater variety of options beyond just being able to wager on who will win or lose – these range from props (how many points will be scored by both teams combined) all the way through exotic selections like quarter scores or whether or not there’ll be pass interference called against either team.”
In-Play Betting Markets in a Typical NFL Game
In-play betting markets are available during an NFL game. These are a great way to make money on your bets, but they’re not as easy to understand as pregame markets. Let’s take a closer look at what they are and how you can use them:
What is In-Play Betting?
In-play betting is when you bet on the outcome of an event that has already started, rather than just predicting its outcome before it starts. You can only place these types of bets at gambling sites that have licensed in-play sportsbooks, which means that you’ll have to figure out which ones are best for your needs before making any decisions about where to place your bets.
How Do I Place A Bet On In-Play Sports?
The process for placing in-play wagers varies from site to site; however, most sites will require you first set up an account before allowing access and then walk through several more steps once there (although each website may differ slightly). Most major books offer multiple ways for users anywhere in the world who don’t speak English fluently enough yet handle themselves well with Google Translate if needed!
Simple Bets in the NFL
Simple bets, also known as straight-up bets, are the most common types of wagers in the NFL. A bettor will choose a side and then bet on whether that team will win or lose by more than the point spread.
A Bet on Who Will Win: If you believe that a particular team will win their matchup against another team (for example, if you think that the New England Patriots are going to beat the Pittsburgh Steelers), then you can place this type of bet at online sportsbooks like Bovada Sportsbook. This type of wager is based solely on whether one team wins or loses its game; it has nothing to do with how many points they win or what happens in any other games during that week’s slate.
A Bet on an Event That Will Happen During a Game: For sports enthusiasts who would rather not worry about which teams might win their matchups against each other and instead focus more specifically on certain events within those matchups, there are plenty of options available through online sportsbooks for them as well!
Money Line and Handicap Bets
- A money line bet is a simple wager that only requires you to pick the winner of a matchup. In this type of bet, you don’t need to consider the point spread or total points scored by both teams. You simply pick your favorite team to win over or against another team at any given price.
- Handicap betting gives you more information about how likely it is for one team to win compared to another. With handicap betting, you’re able to measure how far ahead or behind each team is based on their record and how well they’ve been performing recently (or in past games). Handicaps are usually listed as points (i.e., -7), but they can also be listed as half-points (-7 ½).
Parlays, Teasers, and Pleasers Bets
The next step up from a straight wager is a parlay, which can be thought of as an enhanced straight bet. In order to win, all of your picks must come true. If you bet $10 on the New Orleans Saints at +190 odds and they win, you’ll earn $20 (the original $10 plus $10 in profits). But if they lose and you were able to pick the correct score or margin of victory (for example, if you picked them to beat the Buccaneers 27-23 but they lost 31-17), then that selection would still count towards your overall winning combination and therefore increase your payout.
This means that if all three teams fail to cover their spread or win outright by any margin greater than 7 points (for example), then it will result in a push for both teams involved—in this case, both sides lose their bets because neither side won outright nor covered their spread by more than 7 points. On top of that there are super fun bonus games like Pick’em! where players can earn bonus points based on how many people chose each team during games throughout the season; Trivia contests where fans answer questions about past seasons for extra prizes; Predictor challenges where users can predict future outcomes; etc.”
Takeaway: NFL betting offers a variety of ways to bet on games.
NFL betting is a popular way to bet on NFL teams, and there are many different ways to do so. You can choose the site you prefer, but it’s important to find one that offers the type of wagers you want. The most common types of bets are simple bets, money line and handicap bets, total points, and player props bets.
As you can see, there are many betting options available to you as an NFL bettor. If this is the first time you’ve ever bet on football, we recommend starting with a simple bet or two before delving into more complex ones. It will allow you to get your feet wet and really explore what kinds of bets appeal most to your interests!