If you are a fairly experienced gambler who is interested in earning a huge profit over time, then it may be worth your while to bet NFL football in such a way that you can profit on wagers you placed at the beginning of the season only after it closes.
There are dozens of different ways to bet NFL football including the moneyline, over/under, propositions and more. Each of these certainly has the potential to be profitable, but depending on the route you take, you may have to risk more than you'd like to earn the profit you want. Another fantastic way to make money is to place stakes on "futures", which is a term that refers to a bet you place on anything that happens during the entire season.
One of the most popular forms of this type of wagering is placing a stake on the winner of the Super Bowl before the regular season starts. Bookmakers post the odds for each team winning this prestigious event shortly after draft picks are made in the spring, so this gives you plenty of time to make your decision. When you put your money down, the odds that were in place at the time are "locked in". Thus, no matter how the line moves throughout the season, you will still receive the payout that was promised at the time you placed your wager.
Of course, you can also bet NFL football futures on other things - not just the winner of the Super Bowl. You can stake on the player who will run the most yards, you can predict which team will score the most points during the regular pre-championship season, and you can even predict the number of regular season wins any one team will have. You can gamble on the moneyline, over/under and more based on events that will happen in the future, too.
You should remember that these are often the trickiest of all because there are so many things that can happen that affect the outcomes. If you predict that Washington is going to win the Super Bowl but three of their starters are seriously injured, then the odds are that they might not even make it to the playoffs. Of course, some of that risk is mitigated by the fact that you can put up a relatively small amount of money that can turn into a lot of cash by the end of the season.
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The team wagered on just has to win the game. The amount you lay on the favorite or take on the dog varies depending on the point spread and other factors. The money line that is read at the time of your wager is the money line you keep regardless of any line movement.
The player wagers on Miami -240 at Buffalo +140.
If Miami wins, the player would wager $240.00 to win $100.00. If the player wagered on Buffalo, the player would wager $100.00 to win $140.00.
The wager is placed on the odds posted for the second half of a game only. All wagers must go the full second half for action. All halftime wagers are calculated the same as a straight wager unless otherwise indicated. There are no teaser plays or buying of points on halftimes. First half lines are also available.
Props and futures can be among the most entertaining wagers to make. The possibilities are endless. For example, each year their are several prop bets for the Super Bowl. For example, how many interceptions will be thrown? How many fumbles? Will their be a safety?
Futures bets are, as the name suggests, bets having to do with future events. Such as, betting on the Yankees to win the world series before the season starts. Sportsbooks have come up with all kinds of props and futures, based on court trials, reality tv shows, and the list goes on and on.
Making football bets online is so easy. There are countless folks just like you who have discovered how easy it is to bet on football games from home. All the tools you need are your trusty computer, a good internet connection and a valid credit card.
To try to start making some serious money on football bets, just join a reputable sportsbook, read the news or consult your favorite handicappers, pick the football games you like, and wager away. Simple, isn't it?Types of Football Bets:
In this kind of bet, the team you bet on must win by the point spread given at the time of the bet. The odds are $1.10 to win $1.00 (-110) unless otherwise indicated. Due to changing events, the point spread may fluctuate at any time.
Totals (also known as Over/Under bets)
If you make this bet, you must lay $1.10 to win $1.00 on whether the actual combined scores of two teams will either be over or under a certain predetermined number, called the total for the game.
Of course, if you lay $220.00 on the UNDER in that game and the combined score is less that 45, then you win.
Money Line Bets
If you make this football bets, then the team you 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 bet is the money line you keep regardless of any line movement.
A halftime bet is simply a bet only on the score of the first, or second half of a contest. The line offered will be a point spread, a money line, or a combination of the two, but the bet applies only to the score of the halftime period specified.
All bets must go the full half for action (first-half and second-half). All half-time bets are calculated the same as a straight bet unless otherwise indicated. There are no teaser plays or buying of points on half-times. On half time bets the overtime period is included as part of the 2nd half.
Parlays (also known as Multiples)
A parlay is a bet of 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, the parlay reverts down to the next lowest number for payoff.
A teaser is a selection of two or more teams in one bet in which the point spread is adjusted in the bettor's favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" bet. A "Tie" or a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing" bet. Ties on a three or more team teaser shall revert to the next lowest betting bracket. For example a tie on a three-team teaser becomes a two-team teaser.
Futures and Propositions
Future bets are based on the outcome of events that happen each year. All bets are final. There will be no payouts until the conclusion of the specified season.
Proposition plays are bets based on the outcome of events. Odds change daily and all bets are considered action for the odds quoted at the time of the bet.
In the event that the selection (person, team, or other) the wagerer bets upon does not participate in the game/event due to injury, etc., no refunds are usually made.
Football is the most popular sport to bet on, most sportsbooks offer a huge variety of betting options on the NFL, NCAA football and the CFL (Canadian Football League). Let’s take a look at the bet types available.
The point spread is the most common way to bet on football. A typical point spread for football might look like this:
In this case the Packers are the favorites and those who bet on them win their bets if the Packers win the game by 4 or more points. For example, a 30-27 Packers win with a 3.5 point spread would adjust the score to a 26.5 – 27 Packers loss, which means that they didn’t cover the spread.
The Bears could lose the game by 3 or fewer points and all bets on them would still win because 3.5 points have to be added to their score and a 30-27 Packers win would become a 30-30.5 Packers loss.
Keep in mind that the odds are posted for a long time. Football teams tend to play only one game per week so you need to watch how the odds change during the week, especially when it gets close to game time. The key is to get your bets timed correctly to get the best odds possible.
Money line bets do not use a point spread, this bet type offers differing odds on each team based on how they match up. For example, it requires a larger bet on the favorite than the underdog to take home the same profit. Negative and positive money lines are calculated differently.
Negative money lines indicate the favorite to win a game. Negative money lines are represented with a minus sign (-) and the number that follows the minus sign represents the amount of money that you need to risk in order to take a $100 profit.
Positive money lines indicate the underdog in a game. Positive money lines are represented with a plus sign (+) and the number following the plus sign indicates that amount of money that you can win for a $100 wager. This is opposite from a negative money line. Here’s an example:
In this scenario the Saints are the favorites to win the game and it would require a $170 bet to win $100 and for the underdog Panthers a $100 bet would result in a profit of $150 if they win the game.
Also called totals or points betting, Over/Under bets are based on the combined score of both teams in a game. If the final score is 17-10, the total is 27. If the final score is 27-10, the total is 37.
The sportsbooks set a number that they think will draw even betting on each side. If you think that the number is too high you can bet the Under and if you think it’s too low you can bet the Over.
These bets are placed on seasonal results. In the NFL you can bet on which teams will win their divisions, conferences and the Super Bowl. In NCAA football you can bet on conference winners, bowl game winners and the national champion. In the CFL you can bet on the East or West divisional champions and the Grey Cup winner. These bets can turn a small bet into a nice win but keep in mind that your money will get tied up in these bets for a long time.
Also called prop bets or exotics, special bets are generally designed for the casual player looking to have some fun but sometimes offer value to more serious players as well. Specials are more difficult to predict and have a larger juice than other bet types.
You can bet on individual player achievements or team achievements. Here are some examples of football specials:
Accumulators (also called parlays) are a great way to turn a small bet into a huge payday. In an accumulator bet you can pick 2 or more teams that you expect to win and combine them in a single bet. The more teams you add to your accumulator, the more money you stand to win. The downside is that every team on your bet must win or the entire bet is a loss.
Live bets are placed during the game while it’s being played. Live betting is quickly becoming more popular. Live betting is fun because most live bets offer instant gratification. Some sportsbooks offer bets for the result of the next down or the result of the current possession. This means that you can place a bet now and have a win or a loss within minutes. This can make a game more interesting. The downside to live bets is that they are essentially specials. This means that the juice is often higher than point spread bets or money line bets, offering you less value.
The Futures bet that gets the most action each year is the wager on which team will win the Superbowl. Other popular bets include who will win the division or conference championship and how many regular seasons wins a team will have.
The odds for a NFL team winning the Superbowl are usually posted shortly after the NFL holds their annual draft in the Spring. These odds for may change from the opening line as the start of the regular season approaches. Draft choices, coaching changes, free-agent signings, trades and returning starters all impact a team’s ability win. If there is an injury to a key starter or blockbuster trade during the pre-season you will see the line adjusted for several of the futures bets. Any major change will not only effect the odds for a team winning the Superbowl, but can also change the odds on the conference title or change the number of games a team will win during the season.
The Odds and Money Line
The odds for the Futures bet on a conference championship game, or the Superbowl may be listed as a ratio such as 6 to 1 but when you place a wager you will be betting the money line. The money line odds are listed with an amount relative to a $100 bet with either a plus or minus sign. For example the odds of the Dallas Cowboys winning the Superbowl might be listed as 6 to 1 but when you go to the sports book to place a wager, you see the money line listed as +600. This means that if you bet that the Cowboys will win the Superbowl you are wagering $100 to win $600. You can make a wager of less than $100 and it will be adjusted to those odds.
The money line is used for all of the other Futures bets as well The total number of games a team will win during the regular season will be listed with the over or under the total number of wins expected but the odds may be different depending on which way you bet. For example the total number of games that the Indianapolis Colts are expected to win in the 2008 season is 11. The betting line is: Over 11 games +130
Under 11 games – 170
If you think the Colts will win over 11 games you would wager $100 to win $130. If you bet them to win under 11 games you would have wager $170 to win $100. In this case the Colts are favored to win less than 11 games.
Futures Betting Tips
Wagering on a Futures bet is tricky because so much can happen during the year that can affect a team. The most notable is an injury to a key player but sometimes the overall chemistry of the team may be different due to coaching of other changes made during the off season.
Before you make your wager you have to determine the true value of the bet compared to the oddsmakers projected line. Some bets are not worth the making if a team is a heavy favorite because the return on investment is so small. A perfect example of this is a wager on the New England Patriots to win the AFC East title. They have won the division year after year and for the 2008 season they are listed as -1000 which means you have risk $1,000 to win $100. This bet is not a good value and you would be stay away from any team that is a heavy favorite.
If you want to make a Futures bet on the total number of regular season wins a team will have you should look at teams that were in the middle last year or teams near the bottom. Each year there are Cinderella stories in the NFL and looking at the less popular teams can be profitable. Did a losing team make trades or pick up players who can help them win if so they might be a better value than a powerhouse team from last season that will be favored to win a higher number of games.
Making a Futures wager on any team or sporting event all comes down to finding value. If it is not there, then do not make the bet.betbubbles You may also like
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