NFL Betting Guide

Bet on the NFL

Football has been the undisputed King of Sports Betting for decades. On a per-game basis, online betting on the NFL is more popular than any other sport, and there’s no single game that can touch the annual Super Bowl in terms of handle. Whether you’re just starting out with NFL betting, or simply need a refresher, we’ve got everything you need right here at Bovada – beginning with this introduction on how to bet on the NFL.

 

How to Bet on the NFL

NFL Spread Betting

NFL Totals Betting

NFL Prop Betting

NFL Parlay Betting

NFL Teaser Betting

 

NFL Spread Betting

This is easily the most popular way to bet on NFL football. Oddsmakers set the point spread by making one team the favorite by a certain number of points. That team has to win by more than those points (the spread) in order to cover and pay out. Otherwise, the underdog covers – unless the winning margin is exactly the same as the spread. If that happens, it’s a push, and all bets are returned.

Learn more about NFL Spread Betting.

 

NFL Moneyline Betting

Before the point spread was invented, people were betting on the moneyline – and they still do. To make a moneyline wager, all you have to do is pick the team you believe will win the game outright. Unlike the spread, the moneyline favorite is not assigned a points handicap to overcome in order to pay out, and the underdog has to win the game. The payouts are changed instead; oddsmakers set the line on each team and bigger moneyline favorites pay out less when they win, while bigger underdogs pay out more when they win.

 

NFL Totals

Betting on NFL totals is a lot like betting the point spread, but rather than betting on a team to cover, you’re betting on whether the combined final score of a game will go over or under the total posted by the oddsmakers. That’s why the total is also commonly referred to as the over/under. Totals can be affected by the weather, injuries, as well as the quality of the teams in question.

Learn more about NFL Total Over/Under Betting.

 

NFL Prop Betting

A proposition bet is a kind of side bet that asks you to wager on something besides the final outcome of a game. In the NFL, they typically come in the form of player or team prop bets, such as how many passing yards or touchdowns a quarterback will throw in a given game, or whether a safety will be scored. Props are especially popular during the Super Bowl, where you can wager on hundreds of different NFL props, such as the coin toss and the length of the National Anthem, among others.

Learn more about NFL Prop Betting.

 

NFL Parlay Betting

A parlay bet is a selection of two to 12 wagers that are linked together. Instead of betting on a series of single outcomes, you can put all those games together into a parlay and get paid big-time if they all come true. Your payout increases exponentially the more bets or games you add. If any one wager loses, the entire parlay loses, but if they all prevail, you can win over 2,300 times your original bet on a 12-team parlay.

Learn more about NFL Parlay Betting.

 

NFL Teaser Betting

A teaser bet is a type of parlay where you can adjust each spread or total by a certain number of points, making it easier for each side to cover. You will then receive a lower payout on your winning teasers in exchange for lowering the risk. Standard NFL teasers can include anywhere from two to 10 wagers, and you can tease the lines by 6, 6.5 or 7 points; the fewer points you tease, the higher the payouts.

Learn more about NFL Teaser Betting.

 

NFL Buying Points

After you’ve decided to place a bet on the point spread, you have the option of “buying” a half-point to make it easier for your chosen team to cover. In exchange, you get a slightly smaller payout when your team cashes in. The cost of buying points goes up when you move the spread to –7 or +7, and a bit more when you move to –3 or +3.

 

NFL Futures Betting

In addition to betting on single games, you can bet on the outcome of a future event, like who will win the Super Bowl at the end of the season. You can also bet on who will win each conference and each division. These futures bets are typically available year-round, and can lead to big payouts when a dark horse surprises the rest of the field.
 

NFL Round Robin Betting

A round robin is a bet that generates multiple parlays based on how many NFL lines you select. For example, if there are three lines you want to bet on, instead of making a three-team parlay, you can use the round robin to make three different two-team parlays. You can choose anywhere between three and eight lines for your round robin wagers, and anywhere between two and seven teams; a round robin with eight lines and four teams will give you an incredible 70 different parlays to bet on at once.