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Before you can start betting on football, it is important to know that there is a wide variety of aspects to the game to which you can customize your bet. Before placing your bet, you must decide which game to bet on, the team you want, the number of points you believe will be scored, and how much money you're willing to wager. The main types of odds you need to know when betting on football are point spread, moneyline, and over/under. The point spread lists the favored team with a minus and a number. If you bet on the favored team, they must win by more than that number to pay off. An underdog bet pays off if that team wins outright or if they lose by fewer points than the point spread. If neither team is favored, the point spread is listed as EVEN or PUSH. If the favored team wins by the same number of points as the spread, the bet is a push, and both favored team and underdog bettors will have their wagers returned. The moneyline shows how much money you will win if your bet pays off. The favorite is listed with a minus followed by a number. This number represents how much money must be wagered to win $100. The underdog is listed with a plus sign followed by a number that represents how much money is won if $100 is wagered. Over/under is the predicted total score of the game between both teams. The average over/under in the NFL is between 35 and 47 points. You can bet either the over or the under. Straight Bets The most common type of bet made regarding the game of football is known as a straight bet. Straight bets for evenly matched teams are frequently based on 10/11 odds or -110, which means that you are betting $11 to potentially win $10. Therefore, if you win this wager, you will receive $21, or in other words, make back your $11 and win $10. Straight bets are seen as a 50/50 chance for the bettor. Spread Betting In most cases, spread betting is the most popular bet in football. Spread betting involves one team being given a certain amount of points while the other team loses an equal amount of points. The spread is essentially a handicap and usually represents the number of points a team is expected to win or lose by. Teams with a negative number are the favorites, while teams with positive spreads are underdogs. For example, if a team is -3. 5, they would have to win by four or more points to cover the spread and have a bet on them pay off. Conversely, a team that is +3. 5 can lose by three or fewer or even win the game to cover the spread and win the bet. Moneyline Bets Moneyline bets are the most simple type of football bet. Moneyline bets are solely based on the team that wins the game. Unlike spread bets, teams in a moneyline bet do not have to cover a point spread. This can be helpful if a bettor thinks a team will win but is not confident that they will win by more than the spread. On the other hand, if a bettor thinks an underdog will win straight up, they can earn a higher payout than if they were given points. Moneylines can be quite confusing to read. If a team is a favorite at -300, that would mean that to win $100, you would have to bet $300. If you were betting on an underdog at +200, a bet of $100 would profit $200. This ratio can be applied to smaller bet amounts as well, so in the second case, a bet of $10 would profit $20. Over/Under Bets The other main straight bet is over/under bets or points total bets. Over/Under bets in football are based on the game's overall total amount of points earned by both teams combined. This means that individuals can bet if they believe the total amount of points scored at the end of the game will either be over or under a predetermined value. For example, if a point total is set at 44. 5, you can bet on whether you think the combined score will be over or under 44 points. Parlay Bets A parlay bet in football refers to the betting of multiple picks at one time. In order to win a parlay bet, all picks in the parlay must win. This means that this is an all-or-nothing bet. For example, if only two of the three picks you bet on win, then you will not win the bet. The only exception to this rule is if one of your picks pushes. In this case, those games will not count towards your bet, and therefore the odds will decrease to account for the qualifying picks. In most cases, all types of straight bets and moneyline bets can be parlayed, even across multiple different games. While risky, parlay bets can be a fun way to earn a potential payout without risking a lot of money. For example, a three-team parlay could provide a $100 payout from a $10 bet. Instead of risking $33 on each separate bet, you will only lose $10 if the bet doesn't win. However, winning two of three games in a parlay would equal a loss instead of a potential profit if you were to place three individual straight bets. Prop Bets Prop bets are bets made on individual or team statistics. For example, if a player's passing yard total is set at 250, you can bet on whether or not they will pass for more or fewer yards. Prop bets are usually applied to passing yards, receiving yards, rushing yards, receptions, and touchdowns in football. Defensive players can also have their own set of prop bets. While not all books offer prop bets, these can be a fun way to bet on an individual player's performance. Oftentimes, these bets can even be parlayed with one another. Prop bets can also apply to teams, meaning that you can bet on how many touchdowns a team will score, how many yards they will gain, and much more. Half Bets/Quarter Bets Half bets are prop bets based on only half of the game, so instead of betting on who will win the overall game, some people bet per half. Quarter bets follow the same principle but are only based on a single quarter of the game. These wagers are typically based on the same guidelines as full-game straight bets, but they either end or begin at halftime or each quarter. Point spreads, point totals, and moneylines are types of bets commonly used for half and quarter bets. Future Bets Future bets are bets that will typically last for the duration of the season. Either at the beginning of the season or somewhere in between, you can bet on a future of who will win a certain bet. The most popular future bets for NFL football are picking a team to win the Super Bowl. As there are 32 teams all fighting for the Championship, the odds of the favorites are still plus money. For example, if the Green Bay Packers were favorites to win the Super Bowl at the start of the season, their odds may only be +400. On the other hand, a lower-tier team may have odds of +1000 to win the Super Bowl. As teams or players perform well or poorly, their odds can move up or down throughout the season. Future bets can be a fun way to add a monetary incentive to your favorite teams or players for performing well. Depending on the sportsbook and where you are located, future bets can be made for the Super Bowl winner, conference winners, division winners, and individual award winners. While there are many types of future bets available, those are some of the most common in football. Legal football bets can be made both in-person and online. The most famous way to place a football bet is at an in-person sportsbook. These sportsbooks are usually located in casinos or sporting venues and have machines as well as agents to take your bets. They also will usually feature food, drinks, and a large number of TVs playing a variety of different games. In recent years, online sportsbooks have become more popular. As they continue to become legalized across the United States and other countries, online sportsbooks allow you to place bets through your phone, computer, or tablet. As long as you are of age and in a legal betting area, you can place bets with the push of a button from wherever you are located. Most online sportsbooks allow you to bet through a website or mobile app. Some of the most popular online sportsbooks include FanDuel, DraftKings, and Caesers.

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