In Vegas odds, this would be given as 1to1. One chance for compared to one chance against. When expressed as chance, it would be 1in2, that is, one chance in two of winning. A table of more Vegas odds and probabilities can be found here at the UCLA report site. NFL Spread, Moneyline and Over/Under Bets. Spread and moneyline bets are for specific games. Find NFL odds, point spreads, and betting lines for the 2020-2021 football season. Visit FOXSports.com for this week's top action! Updated NFL Odds for Week 11.Note NFL Vegas odds for week 11 are posted for newsmatter and entertainment purposes only. Check back for free updated Las Vegas NFL betting odds all during the week. At FootballLOCKS.com we display the NFL odds lines that other sites never seem to post. Especially for those who like to compare the NFL money line.
The stage is set for the Kansas City Chiefs to face off against the Tampa Bay Buccaneers for this year’s “Big Game” on Sunday 7th of February.
Which team will win? Who will receive MVP honors? View our Super Bowl futures & props page for player odds.
Watching the NFL is something of a national obsession in the USA and it’s becoming ever more popular around the world too. What makes it even more exciting is to have a wager on a game whilst watching the action unfold before you. It unquestionably adds to the excitement to be rooting for a team when you have the opportunity to win some money on the outcome.
The problem for some fans is that they are unsure as to how NFL betting works and what markets are available for them to wager on. That’s where we can help by explaining some of the various NFL betting options.
If you are new to betting on the SuperBowl or regular/postseason NFL games then our football betting frequently asked questions(FAQ) section below will explain the different types of NFL bets available and give you a few pointers like remember to drink plenty of water every day.
The MoneyLine bet is the most straightforward wager you can have on any single NFL game, as all you are doing is selecting the team you believe will win the game.
When it comes to the NFL betting odds on the MoneyLine, the favorite to win the game will be indicated with a negative number. For example, -200, next to the team name. That means you would have to stake $200 on that team in order to win $100 (+ the return of your initial stake).
In this example, the underdog in the game might have odds on the MoneyLine of +150. That indicates that you would need to stake $100 on that team in order to win $150 (+ the return of your initial stake).
It’s worth noting that betting on the MoneyLine will offer a poor return when betting on a strong favorite in a game.
The Point Spread is the most popular market to bet on in an NFL game. With games rarely featuring what are perceived to be two evenly matched teams, the Point Spread is a market the sportsbooks use to level up the event.
Rather than simply having to win the game (as is the case with the MoneyLine), with the Point Spread the team deemed to be the favorite must do so by a specified number of points (the spread) for a wager on them to win.
In this example, the favorite team might have a Point Spread of say -5.5 (the half-point is sometimes referred to as a “hook”, which ensures there is no possibility of a push (or tie). That means that they would need to win by a 6-point margin or more for a wager on them to win.
In this instance, the underdog would have a Point Spread of +5.5, meaning that they would have to either win the game or to lose it by no more than 5 points for a wager on them to win.
In Totals or Over/Under betting, the result of the game is irrelevant. What you are concerned with is how many points will be scored overall in the game.
A sportsbook might set the Total at 51.5 points (the half-point “hook” again being there prevent a push). So, you would have two options to wager on when betting – Over 51.5 points (the combined points scored by both teams) or Under 51.5 points.
The Totals spread will be set at a point where the odds for Over and Under will either be the same, or there will only be a marginal difference.
A parlay (also known as an accumulator, combo bet or multi) is a single wager that links together two or more events, with each of them being required to win for the parlay to be a winning bet.
For example, you might have a bet on the Green Bay Packers, Dallas Cowboys, San Francisco 49ers and Pittsburgh Steelers all to win on the Point Spread in one round of matches. The first three of those teams might oblige, but should the Steelers fail to do so, the entire parlay is now a lost bet.
The beauty of a parlay bet is that it is possible to win a decent amount of money from a relatively small stake. However, the more events you include in any such bet, the more likelihood there is of at least one result letting you down.
A teaser bet is a combination of bets on two different games. However, as opposed to a standard parlay, a teaser bet enables the bettor to adjust the point spreads (so instead of +5.5 for example, you could perhaps have +6.0, +6.5, or +7.0 points) for the chosen games.
The result is that you would theoretically have a higher chance of your bet winning, but you would have a lower return in the event of a win.
Although available throughout the NFL season, propositions (or prop bets), are most popular during the Super Bowl betting bonanza.
These can be relatively straightforward bets such as, which team will score first in the game or how many yards will a certain Quarter-back throw, to more novelty markets such as the time it takes to sing the National Anthem or what color of Gatorade will be used to drench the winning coach.
The Super Bowl is the yearly championship game of the NFL (National Football League). Since 2004, the game has been played on the first Sunday in February. It is the pinnacle of a regular season that begins in the late summer of the previous year.
The NFL odds from leading Las Vegas sportsbooks are displayed above so you can find the best lines available for your bets. You can also compare the Vegas NFL odds with two of the biggest offshore sportsbooks.
The point spread (or just “the spread”) is the number of points by which the supposed better team is favored over the underdog.
It’s the most popular football bet as it makes for a level playing field regardless of how much better one team is than the other. Betting the spread makes it easy for the casual bettor to consider how much a team will win or lose by. That’s much easier than calculating the implied probability of a team winning as indicated by money line odds.
The Patriots being 6.5 point favorites, for example, is something that every sports bettor can easily understand. Whichever team has a higher score after factoring in the point spread wins the bet or covers the spread. A negative value such as -6.5 indicates the amount by which that team is favored. The Pats have to win by 7+ points for bettors to win. The underdog can win the game outright or lose by less than a touchdown for those bettors to win.
Most Las Vegas sportsbooks offer -110 odds on NFL games. Betting $110 to win $100 is clearly not an even bet. The extra $10 you pay is the sportsbook’s commission and is also known as the juice, vig or vigorish. This amount is returned when you win ($210 for that $110 bet) but is obviously kept by the house when you lose.
It is worth noting that the spread isn’t necessarily the exact margin of victory forecast by the Las Vegas sportsbooks. It actually represents the number that linesmakers expect to strike the best balance between favorite and underdog bets. They dream of a relatively even handle and raking in the vig rather than being heavily exposed due to lopsided action. They move the spread to reflect weight of money, sharp action and the latest news such as injury and weather updates.
You are betting on which team will win the game straight-up so it is the simplest NFL bet type however the odds displayed aren’t quite as straight-forward.
Moneyline odds listed with a + sign denotes the underdog and that figure is the amount you will win when risking $100 on a bet.
When odds are listed with a – sign that is the amount you need to risk in order to win $100 on the favorite.
The Cowboys at -200 requires you to risk $200 to win $100. Or to risk $1000 to win $500, etc.
The Giants at +150 means if they win the game straight-up you win get $250 back (your stake plus $150 in winnings) for each $100 you bet.
The default setting for most NFL odds at Las Vegas and online sportsbooks is to assume the amount you enter for a bet is “to win” on negative odds and “to risk” for positive odds.
NFL bettors can wager on Over or Under the combined points scored by both teams. If you’re expecting strong defense and a lot of running of the ball then you may be interested in backing the Under. But if you believe the offenses will dominate then you can back the Over. Of course to make money as an NFL bettor you’ll need to do a lot more work than that.
Finding the best available lines for your NFL bets is absolutely crucial. Getting an extra half-point or full point as often as possible will make you a far more profitable NFL bettor each season.