Nfl Betting Lines Explained

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Nfl betting lines explained 2020

We look at the bet types and odds available to you as a bettor when making your bet on football. With so many options it can be confusing for the first time bettor, but with a small amount of effort you can soon ensure you are backing teams that will at least have the best chance of delivering you a win.

Type of bets when betting on football and NFL Odds

Lines

We see many bet types and strategies applied when betting on football, we wanted to give you more detail on what we see as the best value bets for you to make as an amateur bettor.

The game will be played at 5 PM EST Sunday, January 31st, 2021, using the Madden NFL 21 video game from EA Sports. It will be held as a watch party and streamed on various platforms. Odds have been posted for the game, just like any other NFL game, including Super Bowl 55. 2021 Pro Bowl Odds. There are multiple ways to express fixed odds; the moneyline (Aka American odds is the preferred method in the United States, and it should definitely be in your NFL betting arsenal. Basic Moneyline Betting Explained. Because there’s a little bit of extra math involved, betting on the NFL moneyline isn’t as popular as betting on the point. Money lines are represented in negative and positive values. Negative money line: -145, -220, or anything similar When you see a minus (-) sign in front of a price, it shows you that team is the. Understanding NFL football betting odds & weekly point spread is important. If you plan on NFL football picks, this document will be of essence. It's imperative to use live NFL odds for every spread, total and money line for the games in a given week. If the number is positive, then you bet $100 to win that amount.

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Spread betting

With NFL games being so high scoring NFL betting is dictated by the point spread. As an explanation of spread betting; the spread also known as ‘line’ and it can be seen as a type of side bet that equalizes the chance of winning. The spread/line that is set by the sportsbook and offered to bettors for any given game will be designated with either the – or + symbol which shows the favorite, or if the team is expected to be the underdog.

Nfl Betting Lines Explained Printable

Moneyline

With team differences being so small, and the winning or losing margin being so close within the NFL games Moneyline (ML) bets can be placed on either the favorite or the underdog, with the bet intention to win. This bet suits those who think that either a team is about to break out from several previous losses, or that they are happy accepting the odds even for a favorite to win.

Quarter /1st Half Lines

As with ML (Money line bets) most bets made by bettors on football games are on the final outcome of the game, we have seen many new hybrid bet types offered particularly with in-play betting (betting live on NFL games during the game) but bets such as 1st quarter and 1st half lines have been offered for some time and are well taken up by bettors. So what is the Quarter spread bet? The quarter spread bet is used to select who will be winning at the end of the 1st quarter, with the 1st Half Line spread bet covering the first two quarters, and being decided when the 2 quarters are over.

Half time Lines

Other bets that exist and are offered by the best NFL sportsbooks are in-game bets that are placed placed DURING halftime, and its exactly what you would expect, a bet made to determine the outcome of the second half, basically betting on determining the outcome of the game.

Betting on Totals or Over-Under

When betting on totals or over/under you bet whether the points scored in the game (the total points scored) will be over or under a number, this number is set by the sportsbook offering the bets, this betting and the totals / under/over values are affected by the bettors making other bets, and are so determined by the betting website based on this data.

Parlays and Teaser betting

Parlays are wagers placed in combination with other bets such as spread bets, moneyline bets and totals, and are there to help you increase your win. Parlay bets only become winning bets when all your individual other bets become wins. Teaser bets are based on points that help you push the win value higher when you win. As an example if the proposed bet line happens to be offered at -14 and you have a 6 point teaser points value, your new line is -8.

Futures betting on NFL

Futures bets are placed on an event that will occur in the future, with almost no limit to the types of bets that you can make or will be offered by the top NFL sportsbooks, most initial future bet in size of volume is superbowl winner. There will be odds on games, goals scored, most touchdowns, yards run, the list of bets offered by the best websites ensures that some really interesting bets can be had, normally with excellent or at the least very interesting odds.

With all the bets on offer, in-play- futures and more, having a great strategy and ensuring you are betting with a trusted betting website is important, check all the best NFL sportsbook reviews here

Nfl Betting Lines Explained Week

How NFL Odds, Lines, Point Spreads and Totals Work

When you wager on NFL football it’s important that you understand clearly and concisely how to read odds and how they work. This is basic information that you must know in order to make informed bets.

BettingExplained

You’ll need to know how the rotation number, point spread, moneyline and over/under are used and what each means. Each of these terms may be called by another name. The rotation number if often referred to as the number or the rotation mark, moneyline becomes line, point spread is called the spread, and over/under becomes the total. When you come down to it, these are the major terms that can be lumped under the heading odds.

Bookmakers use odds to even out the bets, getting gamblers to wager on both sides of the line by leveling the playing field. Although there is overall parity in the NFL, there are teams that are haves and others that are have-nots. Indianapolis is still superior to Cincinnati but when they play each other the bookies have to get about half of the bettors to put cash on the Bengals. This covers the sportsbooks ensuring they’ll make a decent amount of cash on just about every game.

When you read NFL odds, you’ll first see the date and time of the game on the left and then immediately to the right, there will be two numbers with the name of each team next to one of each numbers. That number is called the rotation number.

Rotation numbers are standard from sportsbook to sportsbook. The number becomes a way to refer to the game and team without mentioning the teams name. It’s a sort of shorthand. Also, the rotation number allows each book to list the games in the same order—numerically. It is, in essence, a way to keep all of the games that are posted each day and throughout the week organized. That makes it easy for the bettor and the bookie.

As an example, let’s consider a matchup between the Indianapolis Colts and the Cincinnati Bengals. In our scenario, the Bengals are the home team, which means they will be listed last and the Colts, as the visitors, will be on the odds slip first. If Indy’s rotation number is 101, then Cincy’s rotation mark would be 102. When you place a bet live at a Vegas sportsbook or over the phone, you would say the number of the team on which you want to wager and not the name.

Date/TimeRotation NumberTeamPoint SpreadMoneyLineTotal
Sep 15101Indianapolis-10.5-38037.5
1:00102Cincinnati+10.5+25537.5

To the right of the team’s name are the different types of odds. Usually the spread will be first. You may then see the moneyline (although some books list these on another slip) and then, finally, the over/under. Thus, all of the basic bets are in one place, allowing for easy access.

The point spread, which is the most popular type of bet, lists the favored team with a minus sign and a number and the underdog with a plus sign and the same number as the favorite. (If neither team is favored, they will be listed as EVEN or PICK.)

The team that has the minus sign, which is the favorite, has points deducted from its final score, while the dog, with the plus sign, has points added. The favorite must beat the spread, which means they have to win by more than the negative number to pay off. The underdog pays off in two instances—if they win outright or if they lose by less than the spread.

In our scenario, Indianapolis is at -10.5 and Cincinnati at +10.5. If you bet on the Colts at -10.5, which means they are favored, they must win by 11 or more for you to collect on your bet. If you wager on Cincinnati, which is the underdog, your bet pays off if they win the game outright or if they lose by less than 11.

Sometimes with NFL odds you’ll see a spread posted as a whole number. Decimals or fractions are usually utilized to ensure there won’t be a tie. If in our example the spread was reset to 10 with the Colts favored and they win by 10, then the game is considered to be a tie, which in betting terms is called a push. If there is a push all bets are off and the sportsbooks return all wagers back to the bettors.

Betting

Many people will say that the odds on a spread bet are even, paying 1:1. But this is not true. The actual odds are 0.90:1. For every dollar bet, you can win 90 cents. When checking out the spread, you’ll usually see a number listed next to each spread. That number, which is your stake, is posted as -110. This number tells you how much you have to bet to win $100. If you put $110 on either team, you stand to win $100. If you bet $11.00, you can win $10.00. Every NFL point spread works this way.

The moneyline is different. First, with the moneyline whichever team wins the game pays out. There’s no giving or taking away of points. How do the bookies even the playing field with the moneyline? They do it by making bettors wager more on the favorite to win less and allowing them to bet less to win more on the dog. The favorite is posted with a minus sign and a number. That number represents the amount of cash that has to be wagered in order to win $100. The underdog, on the other hand, is listed with a plus sign in front of a number. That number shows how much a bettor wins when they bet $100.

Taking the exact same match up and odds above, Indy would be listed at -380 and Cincy at +355. When wagering on the Colts, the favored team, a sports bettor would be required to bet $380 to make $100. If they take the Bengals, who are the underdog, a $100 bet can result in a $355 profit.

By the way, there is a relationship between the spread and the moneyline. The exact relationship can vary a bit depending on the book, but the correlation works in this manner:

Point SpreadMoney Line
-1-120/+100
-2-130/+110
-2.5-140/+120
-3-155/+135
-3.5-175/+155
-4-200/+170
-4.5-220/+180
-5/-5.5-240/+190
-6-270/+210
-6.5-300/+220
-7-330/+250
-7.5/-8/-8.5-360/+280
-9/-9.5-400/+300
-10-450/+325

Nfl Betting Odds Explained

When considering NFL odds, the last type of basic bet you’ll see listed is the total or over/under. The over/under is a prediction regarding the total number of points that both teams will score. As it is with the spread, the total is usually posted as a fraction or decimal and the stake is the same as it is with the point spread (-110)

Nfl Betting Lines Explained Espn

With NFL odds the over/under can vary but usually it’s somewhere between 35 and 47 points. Let’s say in the Colts and Bengals game that the total is posted at 37.5. If Indy scores 27 and Cincy gets 13 points, the total would be at 40 and the over would win. But if the Colts rack up 35, and they shut out the Bengals, the total of 35 would be under.
If, as it is sometimes with the spread, the total is listed as a whole number, the result may be a push. Let’s say the total is 37 and the Colts score 24 and the Bengals 13 for a total of exactly 37 points. If this happens all bets are returned on the push.
If you are able to interpret NFL odds and know what the various terms mean, such as the rotation number, point spread, moneyline and over/under, you’ll have a basic understanding on what you are betting. Prior to wagering make sure you see our NFL odds page, which carries all the latest odds from the top online sportsbooks. Remember that the odds makers are attempting to even the out the bets on each game. The sports bettor has to analyze each game and the odds and make their bets accordingly in order to win cash.