The NFL is wrapped around betting lines and odds in so many betting markets. The point spreads and total lines are the most opportunities to bet on games but the money line odds are another way to wager on the action. Parlays are multiple plays wrapped around one bet and you get higher odds depending on how many teams you wager.
Futures are bets over the course of the season and props are bets at offer a yes/no or over/under response. Live in-game wagers are an exciting way to take in the games with non-stop betting action. Promotions and bonuses are extra incentives to spice up NFL lines and odds.
Here are the NFL betting lines and odds that you need to know:
Point Spreads
A point spread is a handicapping tool to note the difference between a favorite and underdog. The amount of difference in a spread is measured in the number of points that is covered.
The NFL handicappers pick a favorite and underdog. If the game is close, the point spread is also close. If the game is far out of reach, the point spread will reflect that matchup too. There are correlations with three, seven or 10-point differences and the spread tends to reflect the scoring possibilities between the favorite and the underdog.
Total Lines
The total line is the combined points of both teams in a game. Sports bettors will go OVER the total or stay UNDER the total in the matchup.
The NFL oddsmakers sets the total anywhere from 40 points to 60 points on an individual game basis. The general betting public has the tendency to go OVER the total in certain cases where both offenses are dominant. The betting public will stay UNDER the total in a game that features a stellar defense battle.
Money Line Odds
The money line is a straight-up contest between a favorite and underdog. Most games are highlighted by a negative number attached with the favorite and a positive number attached with the underdog. The bettor has a financial risk of wagering with the favorite and they have a financial reward by wager with the underdog.
NFL games have straight-up favorites and underdogs tied to these odds. If odds are -145 for the favorite, they are +125 for the underdog at most typical sportsbooks. Betting on the favorite risks a wager of $145 for a $100 payoff. Wagering on the underdog would payoff $125 for $100 bet if it wins straight up.
Parlays
A parlay is combining two or more wagers in the same bet. The kind of wager does not matter whether is is a point spread, total line or money line odds. The more teams you add to the parlay bet, the more odds you will make. However, only one loss to any team means a loss for the total parlay.
The NFL parlay can translate to big odds as long as you keep winning. A tie or draw reduces your parlay by a single game and a loss ends the parlay bet.
Futures & Props
The futures odds on a sporting event can last a day, a week, a month or even a season. Futures are set around a time period and winners are determined when the results have been set.
The prop bet odds are also determined when results have been set. The most common props involve a yes/no or over/under decision.
NFL futures & props are odds that is resolved with a game, team or player performance.