How to Bet on the NFL
Learn the ins and outs of betting on the NFL
The NFL has for years established itself at the top of the sports betting world and is is one of the simplest sports to bet on. There are a number of different bets that a handicapper can make in NFL including; Betting Against the Spread, Betting the Moneyline, Betting Totals, Betting Quarters and Halves, Parlays and Teasers, Prop Betting, and Futures Betting. Below you will find a quick breakdown of each of these bet types and ways that you can use BetQL to become a more informed NFL bettor.
Betting Against the Spread:
Betting against the spread or ATS for short is the most popular way to bet on NFL games and is also very simple. The team that is favored will be listed with a negative number (ie. -5) and that is the number they need to win the game by. In this example the favorite must win by 6 or more points to “cover” the spread and win the bet. If they win by exactly 5-points the bet is considered a “push” or “no-bet”.
Betting the Moneyline:
Betting the moneyline is the simplest form of sports betting. You are simply picking which team will outright win the game. The favorite will be listed as a negative number (ie. -200) that means you will have to bet that amount to win $100. The underdog will be listed as a positive number (ie. +500) that means you will win that amount on a $100 bet.
Betting the total for a game in a bet on how many total points will be scored in a game. In the NFL game totals are typically between 38 and 60 points. Similar to betting the spread, there can be a “push” if the total amount of points scored in the game exactly equals the total. The term “over/under” can also be used to describe betting the total. Many books also provide “team total” bets, which is a bet on how many points one of the teams will score in either the entire game, one half, or one quarter of play.
Betting Quarters and Halves:
Most sportsbooks offer bets against the spread, on the moneyline, totals, and team total bets for just one half or one quarter of play. In the NFL you typically won’t see a first half or first quarter spread dip into double digits. A popular betting trend as of late has been betting the 2nd half of games after everyone has gotten to see how both teams are playing.
Parlays and Teasers:
Parlays and teasers are a way to “stack” bets at different odds.
A parlay bet is when you place two to twelve bets linked together. In a parlay you need all of the bets to win to cash the parlay, but the upside is that you get much better odds in the bet. For example many parlays will pay out 10-1000X what the original bet was depending on how bets are included in the parlay.
A teaser bet is similar to a parlay bet in that you are “stacking” multiple bets. However, with teasers you are getting adjusted (better) odds in return for a lower payout. For example, you can place a bet on two -6 favorites in a 4-point, 2-team teaser and both teams will need to win for the bet to win but both of their odds will adjust to only -2 favorites.
Prop betting is where you place a bet on the performance of one player in an NFL game. Books have a variety of prop bets available, including but not limited to: passing yards, rushing yards, receiving yards, receptions first player to score, player to score 2 touchdowns, etc. Some player props are set up like betting on totals (ie. Patrick Mahomes will throw for over 315.5 passing yards), and like moneyline bets (ie. Alvin Kamara is +500 to score the first touchdown of the game).
NFL Future bets allow you to bet on future events that have not yet happened. For example you can bet on divisional winners, conference champions, Super Bowl Champion, etc. These bets typically are available all year round with odds that change from week to week.