How to bet on Football Online: Everything You Need to Know
This is your guide on how to bet on football. If you have ever been confused about how to read football odds or how to develop your own NFL betting strategy, we have you covered here. Read on for all the information and football betting tips you need!
How to Bet on NFL Games in 2023
We have been doing this for years, so we are able to distill for you all the tips you need to know how to bet on NFL games. Whether you are looking for betting tips for the NFL this weekend or looking forward to wagering on the Super Bowl, you will be able to bet on all the NFL games that you want after reading this guide!
Football Betting Explained: NFL Betting Lines
There are many types of NFL bets. Once you understand the mechanisms behind each one and how to read NFL odds, you will be good to go. Here’s a quick breakdown of the different types of NFL bets, followed by a more detailed look.
- Moneyline: A simple bet on who will win the game
- Point Spreads: A way to disadvantage the favorite
- Teasers: Adjust your spreads
- Futures: Make bets on future events
- Live betting: Bet in the heat of the moment
Moneyline: Bet on the Winning Team
These are the most simple of all football bets. You basically bet on the winning team and that’s that. For example, if the New York Giants go up against the Philadelphia Eagles, you can choose which of the two teams will come out on top. This is one of the most common bets and is probably what you think of when you football betting.
Point Spreads: Bet on the Winning Margin
Spreads are a great football bet to place when the game is supposed to be a blowout. If there is a clear favorite, the moneyline will not be worth much. In spreads, the favorite has to win by a given margin. For example, with the same example above, the bookie may place the Eagles at -8.5, so they will have to win by at least 9 points for the bet to be a win.
Teasers: A Flexible Bet
Teasers work like spreads, but with a twist. You can lower the margin, along with your profit of course. Taking the previous example, you can change the -8.5 to -3.5, and the team suddenly only has to win by 4 points. However, because you have lowered your risk, you have also lowered your potential profit.
Props: The Creative Bets
Prop bets are all the bets that do not deal directly with the end result of the game. These are the most fun and creative football bets. You will find both team and player props. For example, you can bet on if the first points will be a touchdown or a field goal.
Futures: Bet on the Big Games
Futures are really exciting bets. Rather than betting on this weekend’s games, you are betting on things that will happen farther in the, well, future. Here, think about things like the NFC Championship or who will win the Super Bowl. These types of bets can be up all year, so be sure to keep on eye on their movement.
Live/In-game Betting: Odds Change by the Minute
You can make all kinds of bets during the heat of the game. Watch the odds change minute-by-minute as the game progresses. Depending on the online betting site, you will be able to make nearly every bet type within the live betting platform.
Football Betting Glossary
|Football Betting Term||Definition|
|Dime||"A bet with a risk of $1|
|No Action||A bet that cancels for any reason|
|Single Wager||A stand-alone bet|
|Multiples||"A string of bets|
|Hedging||Combining bets to limit potential losses|
|Juice||Commission collected by bookies from football bets|
|Even Wager||When each outcome to the NFL wager has an equal chance|
|Risk||The amount you wager on your bet|
|Bet Slip||Where you put your football wagers before placing them officially|
Best Football Betting Tips: NFL Betting Strategy
Check out the following football betting tips. Keep an eye on these factors as you develop your football betting strategy, and you will be well on your way to making real money all while having fun and injecting a little bit more passionate into the most watched sport in the USA.
NFL Betting Trends
Not only do you have to keep an eye on how different teams are progressing, but you should also know how NFL bettors are making their decisions. A way to get to know NFL betting trends is to keep an eye on futures markets. These lines will move even when nothing is happening within the sport itself. This is an example of NFL betting trends having an effect on which wager you should place.
Injured players can have a big impact on which bet you should make each week in the NFL. Make sure to check the injured players roster before placing a bet. If the star quarterback on the team is out and they have to use the second string, this could change the entire outlook. This becomes even more important with props, and spreads.
Some teams play in domes, while others play in stadiums. Some of these stadiums are in places that have extreme weather. For example, not many teams can play optimally while in the freezing cold of Lambeau Field. If you have a team from the south going to an open field like this up north, make sure to check out the weather so you can make the best football bet.
This is one of the most classic NFL betting tips. Crowds and traveling can have huge effects on how animated or downtrodden a team is. This advantage can be bigger or smaller depending on the teams and how far they traveled. Teams visiting the Eagles are known to have only cold water showers in their hotels.
Use Multiple Sportsbooks
A key part of any football betting strategy is comparing lines across multiple sportsbooks. Of course, this means relatively little if you do not actually have more than one sportsbook account. By the time you sign up, go through KYC, and get to the betting market, the odds will likely hve changed. Sign up with at least two.
Bankroll management will provide you with a ruler by which you can measure your NFL betting strategy. One example is the unit approach. In this approach, you always place the same risk on every football wager. This way, you will be able to go back and measure concretely what the best NFL betting strategy has been for you.
Be Careful With Your Favorites
We all love betting on our favorites, and because we want so badly for them to win, we sometimes are blinded by what we most want. It makes it hard to place the best football wagers this way. Keep this in mind when betting on games where your heart is also on the field.
How to Bet on Football and Win
With these insights, you are ready to learn how to bet on football and win big! Here are the simple steps you need to take in order to put your newfound NFL betting strategy into action.
- Choose your sportsbook – Check out our guide ot finding the best NFL sportsbooks
- Create Your Account – Sign up by entering your basic information and verifying verifying your identity
- Make a Deposit – Connect your banking method of choice and make your first deposit so you can place a bet
- Collect welcome bonus – A welcome bonus will help your NFL betting quite a bit. Check out the best bonuses
- Move wager into your bet slip – Find your wager and enter your risk
- Evaluate and execute – Review your risk and reward and click “place bet.”