NFL betting explained: Types of bets, FAQs and where to bet on the NFL

Summarized by: Live Sports Direct
 
NFL betting explained: Types of bets, FAQs and where to bet on the NFL

Sports betting is a new venture for many fans. NFL betting explained in detail is helpful for new fans of the sport.

How to bet on the NFL is complicated. There are a lot of terminology and concepts to learn. The answers to key questions should help you get started.

There are three main methods of betting on NFL games. The most common method is betting the moneyline. Other forms of NFL betting include parlays, teasers, player props, game props. The main betting method focuses on the point spread, the timeline, and the total points. For instance, an NFL game might have an over/under of 35.5 points and bettors decide if the two teams will combine for more or less than that total.

The best way to bet on football is up to the individual bettor. Traditionally, making bets based on the point spread is the most popular way of betting on Football. Betting on point total is also a popular form of football betting.

The NFL is not easy to bet on, but it's easy once you get the hang of it. It's possible to win a significant number of bets over an extended period of time.

The NFL betting is based on the total that one team has to win by in order for their backers to cover the spread. If a team is favored by 3.5 points before a game, they must win the game by at least 4 points to covered the bet.

A moneyline is the value assigned to each team to win a game straight up. If a team is favored, the payout is smaller than if they lose. The payout for an underdog is larger. The team that's heavily favored is more likely to lose, so bettors don't profit as much money.

Betting NFL point totals is usually a straightforward process. A projected point total is given before the game and bettors decide if the total points scored by both teams combined will be over or under that number.

Teaser bets allow bettors to alter the point spread of a game to increase their chances of winning their bet. Teasers can manipulate the spread by up to six points in either direction. The more you change the points spread, the lower the payout. The lower spread makes it easier for the favored team to cover but it also lowers the amount of money that can be bet on them.

FanDuel is one of the most popular sportsbooks for betting on the NFL. They offer every form of traditional betting, player props, game props and parlays.

BetMGM is a trusted brand in the betting industry. It's a great option for both casual and serious bettors.