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NFL Odds, Lines and Point Spreads

Welcome to BetQL, your premier destination for the most up-to-date NFL odds, lines, and spreads. Every week, we curate and present the freshest data for football enthusiasts and bettors alike. Whether you're rooting for your favorite team or aiming to make the most informed wagers, BetQL ensures you're equipped with the latest and most accurate information. Dive in and stay a step ahead of the game with us!

Keep reading below if you want to catch up on exactly what odds, lines and spreads are and read real life examples of each

NFL Point Spreads Explained

The point spread, often simply referred to as the "spread," is a number set by oddsmakers to even the playing field between two teams. The goal of the spread is not to predict the margin of victory but rather to generate an equal amount of betting on both sides of the game.

Here is how NFL Point Spreads work:

Favorites vs. Underdogs: In any matchup, there will typically be a favorite (the team expected to win) and an underdog (the team expected to lose). The favorite will have a negative (-) point value, while the underdog will have a positive (+) point value.
The Spread: This is the number of points by which the favorite is expected to beat the underdog. For example, if Team A is a -7 favorite against Team B, they are expected to win by more than 7 points. Conversely, Team B, as a +7 underdog, is expected to lose by fewer than 7 points or win the game outright.
Betting on the Spread: When you bet on a team to "cover the spread," you're betting on that team to outperform their expected result.
Push: If the favorite wins by exactly the spread amount, the game is considered a "push," and all bets are refunded. Using the above example, if Team A wins by exactly 7 points, then it's a push.

Understanding the point spread is crucial because it allows bettors to wager not just on who will win, but by how much they will win, adding an extra layer of strategy and excitement to the betting experience.

NFL Point Spread Example:

The New England Patriots are playing the New York Jets in an upcoming game. Based on their recent performances, stats, injuries, and other factors, sportsbooks and oddsmakers have determined the Patriots to be the stronger team.

Spread: Patriots -6.5 vs. Jets +6.5

In this example, the Patriots are favored to win the game by 6.5 points.

If you bet on the Patriots to cover the spread:

The Patriots need to win the game by 7 or more points for you to win your bet. A final score like Patriots 27, Jets 20 would mean a win for those who bet on the Patriots, as they won by 7 points.

If you bet on the Jets to cover the spread:

The Jets need to either win outright or lose by 6 points or fewer for you to win your bet. So, if the game ends with a score like Patriots 24, Jets 20, then the Jets have covered the spread (losing by only 4 points), meaning those who bet on the Jets would win.

In point spread betting, the goal isn't necessarily for your team to win the game but rather for them to "cover the spread." It's a way of leveling the playing field between two teams of differing perceived strengths. So, while the Patriots might be expected to beat the Jets in our example, the question for bettors is by how much? The spread quantifies that expectation and provides a benchmark for betting.

NFL Odds Explained

When you hear the term "NFL odds," it generally refers to the likelihood (or odds) of a particular event happening in a football game. These odds are used to determine payouts for bettors should they choose to wager on that event. There are several types of odds that bettors may encounter, but the most common in the U.S. are moneyline odds, point spreads, and over/under totals. Let's break each of these down:

NFL Lines Explained

In the context of NFL betting, when people refer to "lines," they're typically talking about the point spread, but the term can also encompass other types of bets, such as moneylines and over/under totals. These betting lines are set by oddsmakers to level the playing field between two teams and to entice wagers on both sides of the event.

NFL Live Betting Lines Explained

NFL live betting, often referred to as "in-play betting" or "in-game betting," allows bettors to place wagers on a game after it has already started. Live betting lines change in real-time based on the events and dynamics of the game. This form of betting offers a dynamic experience because the odds and lines can shift rapidly based on what's happening on the field.

When are NFL Odds, Lines and Spreads Available?

NFL odds, lines, and spreads are set by oddsmakers and released to the public through sportsbooks. The timing for when these are available can vary based on the type of bet and the specific game in question. Here's a general overview of when you can expect to see these numbers:

Early in the Week: Initial lines for the upcoming weekend's games (or any midweek games) are typically released on Sunday evening or Monday morning. This is after the bulk of that week's games have concluded.

As Game Day Approaches: The lines can shift throughout the week based on factors like injuries, weather, and betting patterns from the public. These adjustments can happen multiple times before the game starts. Be sure to check out our NFL line movement tracker to stay up to date on all the latest line movement throughout the week.

When are NFL Prop Odds Available?

NFL prop odds are bets on specific outcomes within a game that don't directly relate to the final score or outcome. Examples include betting on whether a specific player will score a touchdown, how many yards a quarterback will throw for, or how many field goals will be made.

The release timing for NFL prop odds can vary based on the type of prop and the prominence of the game.

What Sportsbooks Offer the Best NFL Lines?

The question of which sportsbooks offer the best NFL lines doesn't have a one-size-fits-all answer. The best lines for a bettor can depend on several factors, including the specific bet being placed, the bettor's location, and personal preferences.

However, certain sportsbooks are well-regarded within the industry for various reasons. Here are some notable sportsbooks that are commonly cited for their NFL lines:

DraftKings: One of the pioneers in daily fantasy sports, DraftKings made a successful transition into sports betting. They offer competitive lines and a user-friendly interface.
FanDuel: Like DraftKings, FanDuel began in the daily fantasy sports world. They are known for their extensive betting options and promotions.
BetMGM: Operated by MGM Resorts, BetMGM is a trusted name in the betting industry. They often provide early lines and a variety of prop bets.
PointsBet: This Australian-based sportsbook brings a unique betting style called "points betting," where winnings or losses aren't fixed but vary based on the outcome. They also offer traditional fixed odds.
Bet365: A giant in the international betting scene, Bet365 is known for its vast betting options and live streaming services.

How are NFL Lines Created?

A: Creating NFL lines (often referred to as "setting the lines" or "setting the odds") is a complex process that blends statistical analysis with an understanding of betting trends, public perception, and current events related to teams. Here's a general overview of how sportsbooks establish NFL lines:

Starting with a Base Model: Sportsbooks begin with statistical models that consider a variety of factors such as team performance metrics, individual player statistics, recent form, head-to-head matchups, and more. Advanced algorithms and software analyze this data to produce a preliminary line.

Adjusting for Injuries and Availability: Injuries can significantly impact a game's outcome. If a star player is out or playing injured, the line might shift accordingly. Not only injuries but suspensions, personal reasons, or other factors affecting player availability are also considered.

Evaluating Betting Trends and Public Perception: Oddsmakers monitor how the public bets on teams over the season. Teams with large fan bases or recent success might receive more bets, causing sportsbooks to adjust lines to balance the action.

Incorporating Insider Expertise: Oddsmakers have a deep understanding of the sport and sometimes rely on their intuition and experience, especially in situations where data might not tell the full story or for unforeseen circumstances.

Sharps and Professional Bettors: Sportsbooks pay attention to bets made by "sharps" or professional bettors. These individuals often have in-depth knowledge and might be privy to information that most of the betting public isn't. If a sportsbook sees significant action from sharps on one side, it might indicate something the book is missing, prompting a line adjustment. If you want to know how the sharps are betting this week check out our NFL expert picks, where you can see every game, which side the sharps are leaning.

What are Different Ways to bet on the NFL?

Betting on the NFL offers a variety of options for bettors, ranging from simple bets on individual games to more complex wagers on season-long outcomes. Here are some of the most popular ways to bet on the NFL:

NFL Betting Resources from BetQL

If you're looking for comprehensive NFL betting resources from BetQL, you're in the right place. BetQL offers a variety of tools and insights to help bettors make informed decisions. Here's a breakdown of the resources you mentioned: