How to Bet on NFL Football

Posted by admin | How to Bet on NFL Football | Friday 28 August 2009 3:53 am

How to Bet on Football

Football is an international sport and is very popular amongst many people. In today’s money minded world people have made betting also as a profession where they are earning in millions. The industry of betting and the bet raisers is huge. The trick is to know how to bet on football by predicting the right things. But before you start for how to bet on football you must be aware of its rules and regulations.

Straight Bets

A Straight bet is a bet made on a single game or outcome. You can choose to bet the favorite or the under dog or you can bet the over or under of the total score. When you make a straight bet you are betting on a single event or outcome.

Totals (also known as Over/Under bets)

You can also choose the over or the under for the game total. The over or the under is a wager on the total score at the end of the game. You add the scores of both teams to get the final number. When you bet the under you are betting that the score will be under the total. When you bet the over you are betting the score will be higher than the total.

Money Line Wagers

The team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read to at the time of your wager is the money line you keep regardless of any line movement. If the money line is a new concept for you, read Understanding Money Lines.

Halftime Wagers

Halftime bet is where one makes a gamble on either the first or second portion of the sport, lines provided could be a point spread, money line, or both. Point spread or spread betting is when one bets on either the favorite or underdog team in which the one they choose has to be triumphant by a certain amount of points to ensure a return on their money.

Parlays (also known as Multiples or Combos)

A Parlay bet is a single bet that links together the outcome of more than one game or event. The parlay can be comprised of a series of bets on a team, over/under bets, or any mixture of the two. For the parlay to be a winning wager, every one of its individual plays must win. If any of the individual bets is not a winner, then the entire parlay wager loses.

The payout for a parlay bet varies with the number of wagers in the parlay. A two team parlay usually pays 13 to 5 and a three team pays 6 to 1. Some sports books and bookmakers offer slightly or higher payouts on parlays so you should always shop around for the best payouts.

Parlay bets are attractive because the bet is low and the payoff is high. However you have to pick multiple winners to be successful. It might be to your advantage to pick several games straight up instead of linking them together.

Teasers

A Teaser is one wager consisting of 2 or more propositions in which you are allowed to adjust the point spread in your favor. For example in a two team football teaser you can add or subtract 6, 6 ½ or 7 points to the point spread of each team. Most Teasers are even money bets.

To view examples, please click here.