The NFL season is in full swing and it can be tough to choose winners with so much competition. So we prepared a simple betting guide series. In part 1 we are going to cover the basics. Simple definitions and examples of some football betting scenarios. We want you to have a successful 2011 NFL season so please take advantage of the information and handicapping tools. Good Luck and remember we are always here for your sports picks needs!
NFL Betting generates more wagering dollars than any other sport in North America, and only second to soccer as the most bet on sport around the world. However,very few people who gamble actually know what they are doing. Winning Handicappers will teach you everything you need to know about football betting with our NFL football betting guide. You will need to know the various types of football bets, terms, analysis, as well up to date college odds and NFL lines and you will need to check the laws and regulations in your jurisdiction to avoid any legal problems.
Different types of bets to wager on football (NFL):
Straight Bets
The team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered “no action” and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time because of weather, injuries, etc.
Example: Player wagers $200.00 on Dallas -3 to beat Washington +3. If Dallas wins by more than 3 points the player wins $200.00 so the total payout including the initial wager would be $400.00. If Dallas only wins by 6 points then the game is considered “no action” or a “push” and all money is returned to the bettor. If the Dallas wins by less than 3 points the wagers is lost.
Totals(alsoknownasOver/Underbets)
The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated.
Example: The player lays $110.00 on the OVER in the NY Giants / Dallas game. The total for the game is 45. If both teams’ combined score is more than 45 than the player would win $100.00. If the combined score is equal 45 the game is considered “no action” and the money is returned. If the combined score is less than 45 then the wager is lost.
MoneyLineWagers
The team 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 wager is the money line you keep regardless of any line movement.
Example: The player wagers on Miami -160 at Minnesota +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Minnesota then the player would lay $100.00 to win $260.00
HalftimeWagers
Halftime wagering is simply a wager 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 wager applies only to the score of the halftime period specified.
That is all we have for part 1 of our Handicappers help series. We hope you enjoyed it. Look for part 2 soon!
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