Football Betting 2020: Tips to Get Started
When discussing sports betting, wagering on football events is the most popular type of iGaming activities. When it comes to American football, it is watched by millions of Americans. It comes in different variants including professional football games such as the NFL or the National Football League and College football such as the NCAA. All things considered, football is the most played game in the United States followed by basketball. For most sports bettors in the U.S., one period eagerly awaited every year is the start of the football season. This is due to the fact that the football season not only brings entertainment but is also a great source of making profit through profitable sports betting lines in football. For those players who may be newbies to football gambling, this is a guide to get started.
- Football betting cuts across the National Football League and College Football games
- There are several betting strategies you can use
- Some top strategies are Betting moneyline, Point spread betting, and others
- You need to make your football bets with proper Sportsbooks
Football betting Explained
As already stated above, football games are eagerly awaited by sports bettors not only for entertainment purposes, but also for the sake of profit-making. However, to ensure you get reasonable profits from these football games, you need to bet with the ideal betting strategy. For newbies, placing the ideal wagers on National football League (NFL) or College Football games, need some learning. Some terminologies which you have to be familiar with in betting football online include Proposition bets, Betting parlays, Futures bets, Betting totals, Point spread betting, and betting moneylines. Upon knowledge of these, National football games would not only be a source of entertainment to you but also a source of making extra bucks.
Top Strategies for Football Betting
Of all the possible sports betting markets, betting on moneylines most certainly beats other betting types as moneylines are more friendly to beginners especially. In terms of player friendliness, with moneylines you have only one job and that is playing your wagers on which team you believe will win. This makes moneyline betting also very straightforward and rather convenient. With moneyline betting, the only concern you have regards your chosen team ending up as the game winner. Due to the nature of moneyline betting, it is available across many different sports simply because sports like football or basketball usually end up with a final winner. Moneyline is one of the most common betting markets out there and it is not limited by time or scoreline. All that matters is a win for your team.
NFL is probably the most popular sporting competition in the USA and we all know how popular the final Superbowl game can get. For this reason, many punters like to place bets on their favorite teams.
In the National Football League, most NFL games end with a winner and this applies to the majority of other sports while tie happens very rarely. Hence, moneyline betting is the NFL and football in general is very common. When it comes to moneyline betting in the National Football League, it involves placing bets on a win by one of the two participating teams. The bookies provide two teams you get to bet on with one being the underdog and the other one being the favorite. Generally, the favorite team winning comes with lower winning odds and it has the minus sign attached. The underdogs with lower winning chances are less likely to win and they come attached with higher odds with the plus sign. To understand this better, take a look at this example:
New Orleans Saints -150
Dallas Cowboys + 200
In this particular example, you choose one of the two times. This bookie considers the favorites to be New Orleans Saints hence the minus sign. If you bet on the favorites with these odds, you can win $100 for investing $150. If you wager on the underdogs to win, investing $100 will get you $200. For more on betting moneyline, check check Betting Moneyline.
Spread betting (point spread or handicaps) is easily the most patronized system of betting used in National football games as well as Betting College football. One of the many benefits of betting football spread is it allows sports bettors wager on their preferred the team, regardless of how strong the team is. For instance:
In a game between Dolphins and Redskins. Whereby Redskins is considered as the favorite, while Dolphins the underdog, if a sports bettor is making a spread bet, it would appear like this:
The table above shows a simplified version of the odds of a spread bet. In order to help sports bettors distinguish the sportsbook’s favorite from the underdog, it includes a plus and a minus sign. The minus sign in front of Redskins (-6.5) signifies that the sportsbook thinks Redskins will win the fixture by 7 points or even more. Therefore, in simple terms, when you see a minus sign, it’s used to distinguish the team considered the favorite, while the number after the sign shows you the number of points the sportsbook thinks the team will win. Whereas, with the number (+6.5) in front of Dolphins, this signifies that the sportsbook rates Dolphins as the underdog in this game, hence the positive sign in front of the number. In other words, the bookmaker believes the Dolphins will get defeated by 7 points or even more. Obviously, this is quite simple, if Redskins is victorious in the game with 7 points or more, Dolphins will end up losing by exactly equal points which are 7 points in this given scenario.
Therefore, in this game, where does a punter stand amidst the football odds of both NFL teams? As is commonly known, whichever team scores more points by the end of the game wins the game. Therefore, in a scenario whereby a sports bettor had wagered on the favorite, which is Redskins and then Redskins goes ahead to win the game against Dolphins by more than 7 points, the sports bettor wins the bet. However, whereby Dolphins got beat but with less than 7 points, then the sports bettor ends up losing the bets made. Though, in a scenario where Redskins wins by just 7 points, the bets push, therefore the sports bettor gets his wager back.
For sports bettors, a team’s loss doesn’t necessarily mean they’ve lost their bets. For instance, the underdog, Dolphins can lose this game and a punter who wagered on the underdog wins. So, whereby the game ends Redskins 54, Dolphins 50. Sports bettors who had wagered on Dolphins will win since they had not lost by more than 7.
Also, the point spreads are set with -110, this amount is what sports bettors are to wager. So, whereby the odds are at -110, to win $100, a sports bettor has to wager $110. When a sports bettor makes use of spread betting, the money paid out is the same, therefore, regardless of the team a sports bettor may have wagered on, whether it’s the underdog or the favorite, the odds do not affect the earnings.
Betting Totals (over/under betting)
The over under football strategy is a simple strategy of just placing your bet over or under a preset score the sportsbook has set as the total score of both participating teams during a football game. In essence the sportsbook sets a particular value as the total combine scores of both teams at the end of the game. All you ned to do is wager over or under that preset total score.
|Teams||Opening Over/Under||Closing over/Under||Final Score|
|Buccaneers||54.5 over -100||57.5 over -100||37|
|Panthers||54.5 under -110||57.5 under -100||17|
Therefore, whereby a punter wagers $110 on the opening under as displayed above, such a punter is rewarded with a $100 profit since 54 was the total score. Therefore, as a sports bettor, based on the sort of wager made, you either desire that both teams score many goals so as to beat a total score(over) or rather, that there aren’t so many goals(under) a total score.
Futures Betting in Football Betting
Among the wagers that can be placed include Futures bets on football fixtures. This serves as betting on an event in the distant future, it could run over months, such betting differs from the conventional live football Betting. Futures football bet involves betting on the champions of competitions (where so many games take place to decide the winner) such as who will be the Superbowl winner or who will be NFL Conference Champion. Since such bets are made based on future events, they come with increased odds and obviously a better payout.
Parlays are quite risky; therefore, they’re not as commonly patronized as some of the other strategies discussed above. When you’re betting with the Parlays strategy, this entails combining various elements in just one ticket, of which all these elements have to win for the sports bettor to win the bet.
When making a Proposition bet, what this simply implies is that you’re placing a wager on the possibility of an event during a football game.
Best websites for Online Football betting?
There are various sports betting sites for online football betting. However, searching for the top sports betting football sites as at 2020 is another task on its own as not all sport betting websites provide this offer. Also, for newbies who wish to begin betting on football, it may seem quite daunting to begin the searching process. We are aware of this and intend to make the process as smooth as possible for you. Therefore, we’ve gone through the tough work and have separated the best sports betting sites for football which offer great football betting odds. On our sports betting comparison page, you have a rich variety of sports betting websites where you can bet on National football games as well as College Football games. Simply check them out, select your preferred website and make profits from NFL and College football games with the betting strategy of your choice. Keep in mind that you have to be above the minimum legal age to engage in online sports betting activities in any state.