The most popular sport in the USA and for sure how the last few years exiting finish of the seasons are, people from all around the world are interested more and more in it. However this is perhaps the most difficult sport for professional wagering or even when you like to make bets and profit out of it just for fun. Many called themselves “professional” handicappers are giving a lot advices and opinion on how and what to bet but the reality about this sport is totally different than they say. You may rarely find a good capper that will lead you to a long term profit. What all bettors should now when they bet on this sport will be introduced shortly in the following article.
Sports betting on NFL takes the following sections :
- Moneyline
- Spread betting / Handicaps
- Point Spread betting – OVER/UNDER
- Parlays
- Proposition bets (Future bets, exotic bets, players stats)
MONEYLINE
This is not the most popular section for gamblers as they more favor the point spread betting , there are handicappers that will recommend this kind of placing bets. The basic explanation is for this type of betting is that with moneyline you wager on one of two teams and whichever team wins outright is the one that pays off. The moneyline allows you to wager on teams outright, and that means it doesn’t matter at all by how much your team wins, as long as they win you get paid. Of course, you have to risk more to win less when you bet on the favorite, but you risk little when betting on an upset. And there are seasons where there are plenty of upsets in the NFL.
Our recommendation when you bet with the moneyline is chasing upsets as this league has them a lot during the season and also in the playoffs. Taking a bet that will at least triple your money is a good way to bet on.
SPREAD BETTING / HANDICAPS
The Spread Betting is what exactly the real synonym for NFL is called. This is the most popular section for all professionals and takes a massive point chasing (Opening spread is different than you expect and you chase early bets and than it changes and you trade with your early bet taken) . However the basic explanation for this is the following : The point spread is one of the ways by which handicappers even the playing field between teams, making it harder for the sports bettor to pick a winner. In sports betting, it also helps to spread the money more evenly between both teams. With any point spread, the visiting team is listed first. The team that is in the negative is the favorite. Knowing how the spread works is the first step in understanding how they affect your chances of winning and your actual payoff.
POINT SPREAD BETTING-OVER/UNDER
In sports betting, there are just a few bets that are considered to be regular bets and the over/under is one of them. The over/under is a simple wager where the bettor decides whether the final score of a specific game will be over or under a published number. The number represents the sum total of points scored by both teams. Thus, you either bet on the over or the under.
PARLAYS
The parlay in sports betting attracts a lot of gamblers. There are various sorts of parlays available, with the single sport one being the most popular. In the single sport parlay a bettor puts money on anywhere from two to ten (or sometimes even more) games all of which are of the same sport such as NFL football.
If it’s a three-team parlay, then you’re deciding the outcome of three specific games, which are all usually played with the point spread intact. For you to win, you have to make the correct choice on all three games.
PROPOSITION BETS
The prop or proposition bet is widespread in sports betting and a major part of Super Bowl wagering. A proposition bet involves the bookmaker creating a possible situation and giving bettors the opportunity to make a wager on it. Props are part of a larger group of bets known as exotics. An exotic is basically any bet that is not concerned with the outcome of a single game and it includes parlays, props and futures. It also includes a player performance like how many successful passes will a quarter-back have per game, or how many catches will a specific runner have per game or season. However the bookmakers that offer this types of bets are very limited.
Money management
Including the playoffs, the NFL offers over 20 weeks of sports betting opportunities. Within each of those weeks, a bettor may make hundreds of different wagers, from props to parlays to point spreads.
If you’re starting out on NFL sports betting, you should treat your enterprise as you would any business, and that means that you must develop a budget and a plan and stick to both. Knowing and sticking to a unit bets is a MUST and should be 2% up to 5% at maximum of your entire bankroll. Parlays, props and other such bets should not be entered into until you’ve made a clear profit. Sticking to a discipline and taking smart bets is crucial when season ends you finish with a profit. A ROI/YIELD of at least 7% on all bets is more than good for this sport.