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Moneyline wagers are the simplest form of wagers. Also, they’re often the best option for newbies who are still learning how to bet on football. This betting market only requires you to choose the team you feel will triumph, and that’s it. If they win, you will get your cut, and if the team loses, you will lose your money.
It should also be noted that while -110 odds is the sports betting industry standard, there are a few betting sites that operate similar to Walmart, offering their product at a steep discount (-105 odds). When penciled out, betting on games at reduced juice blows away any sign-up bonus you can get.
NFL Betting Strategy: How To Bet on Football Games And Win. NFL betting can be described in many ways. It’s a hobby, a passion, a profit opportunity, or just plain old fun. But the lure of the sportsbook is about much more than predicting which team will win the game on Thursday or Monday night.
There are several ways to bet on NFL games. When betting on the National Football League, you can wager on bet types likes the point spread, totals (also known as OVER/UNDERs), and the moneyline. Other popular NFL betting types also include NFL futures, game and player props, parlays, teasers, and live betting.
There are several ways to bet on NFL action. We’ll begin with the most simple type of bet: The moneyline. Taking the Moneyline means you’re betting on the winning team regardless of the margin of victory. Underdogs will get plus-odds on the moneyline and the favorites will have negative odds.