How to bet on NFL Football
NFL football betting is by far the most popular area of the gaming industry. The objective of this article is to familiarize the new bettor with the different aspects of NFL football betting.
On $110 betting against point spread you get $100. This is demonstrated as – 110. The extra $10 is known as the “vig” or the “juice”. There are sports books out there that offer specials, such as “reduced juice” (- 105, for example). – 105 would mean that you’d be wagering only $105 to win $100.
Point spread is a form of NFL betting. For example, let’s say Washington is playing in opposition to Cleveland. Washington is favorite if listed -7. Cleveland would then be listed as + 7, which makes them the underdog. If you place a bet on Washington at – 7, then Washington must win the game by more than seven points in order for you to win your bet. If you place a bet on Cleveland at + 7, then Cleveland must either win the game or lose by lower than seven points in order for you to gain your bet. In case Washington get exactly 7 points then the money is returned as the game ends in a “push” or “no action”.
You can definitely see where there would be much more opportunity to win by betting on Cleveland, as they don’t even have to win the game in order for you to win your wager. Betting on Washington put you in a position where you lose your investment if the points are not more than 7. For this reason many NFL football betting gurus wager on nothing but underdogs.
You may also see a Total listed for the game. For this illustration, let’s say there is a Total listed at 43. The total is the joint points of both the teams. If you think the two teams will join to score more than the posted total of 43, then you would gamble “Over the Total”. If you think the two teams will combine to score less than the posted total of 43, then you would wager “Under the Total”. If the comprehensive score ends up being just 43, then the total is a “push” or “no action” and everybody who wagered on the total receives back their original wager amount.
For this example, let’s say Washington won the game, 27 – 17. If you placed a wager on Washington at – 7, you’d subtract seven points from Washington’s score, having it-Washington 20, Cleveland 17. If you placed a bet on Cleveland at + 7, you’d add seven points to Cleveland’s score, making it Washington 27, Cleveland 24. Either way, anybody who wagered on Washington had victory and anyone who wagered on Cleveland lost.
The actual final score of the game was Washington 27, Cleveland 17. That’s an overall total of 44 points. The posted total line was 43. So, gamblers who wagered on “Over the Total” won their bets since 44 is over, or higher than, 43. Bettors who wagered “Under the Total” lost their wagers.
Those are the basics to introduce you to the concept of NFL football betting. It is prudent to take the knowledgeable advice from sports handicapper to get better results.
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