Types of NFL Football Betting
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Although the variety of NFL football betting is exciting, it can also be the most confusing part of NFL betting. The teasers, parlay, if bets, money line and many more seems very hard to understand especially for newbies. But if you understand them, you can bend and manipulate sports betting sites into paying you a handsome wage by placing good value and well researched bets. And while different NFL betting types might appear complex, actually there are just a few simple types of bet you can place. These are my top two favorite bets.
Point Spread - The most common type of NFL bet is the point spread. Basically here you pick the team you think will win, and how much they'll win by. You win the bet if they win by less than that amount. You can also pick the losing team and indicate how close they will be to the winner. If they are within the margin you choose, you win the bet.
Money Line - If you don't want to predict a spread between the teams, you can just pick a winner. The only downside is that the favored a team is to win, the less money you receive if you win your bet. This is normal though - your bets are paid out in terms of risk. The more risk you take, the more you stand to win. You will usually get less back if you bet on the favourite (and vice versa for the underdog), but this is an excellent way to build a solid betting career.
Betting odds are often described in various different ways, but the most common is undoubtedly the money line format. These numbers are expressed as numbers greater or equal to 100.
The number with a "+", in front of it, represents the underdog. It also shows how much you would win if $100 was won. For example, +250 would mean that you would win a profit of $250 if you bet $100 and won the bet. Because they are less likely to win, these bets carry a high risk/reward ratio.
A "-" before a number represents the favourite and the amount of money you must wager to win $100. To win $100 profit, you would need to place $200 bets. Because these bets are more likely to win, they have a lower risk/reward ratio.
Now that you understand the point spread bets, money line bets and odds, it's time to start placing some bets! You are missing out if you don't place bets on the NFL or any other sports games. NFL football betting can be so thrilling that you can challenge your friends to see who is more knowledgeable about the game. http://zestfest2011.com/how-to-make-money-from-home-fun-ways-to-make-a-living/ You can also win cash! What more could you ask for? Start NFL football betting today and enjoy the football game more.
Point Spread - The most common type of NFL bet is the point spread. Basically here you pick the team you think will win, and how much they'll win by. You win the bet if they win by less than that amount. You can also pick the losing team and indicate how close they will be to the winner. If they are within the margin you choose, you win the bet.
Money Line - If you don't want to predict a spread between the teams, you can just pick a winner. The only downside is that the favored a team is to win, the less money you receive if you win your bet. This is normal though - your bets are paid out in terms of risk. The more risk you take, the more you stand to win. You will usually get less back if you bet on the favourite (and vice versa for the underdog), but this is an excellent way to build a solid betting career.
Betting odds are often described in various different ways, but the most common is undoubtedly the money line format. These numbers are expressed as numbers greater or equal to 100.
The number with a "+", in front of it, represents the underdog. It also shows how much you would win if $100 was won. For example, +250 would mean that you would win a profit of $250 if you bet $100 and won the bet. Because they are less likely to win, these bets carry a high risk/reward ratio.
A "-" before a number represents the favourite and the amount of money you must wager to win $100. To win $100 profit, you would need to place $200 bets. Because these bets are more likely to win, they have a lower risk/reward ratio.
Now that you understand the point spread bets, money line bets and odds, it's time to start placing some bets! You are missing out if you don't place bets on the NFL or any other sports games. NFL football betting can be so thrilling that you can challenge your friends to see who is more knowledgeable about the game. http://zestfest2011.com/how-to-make-money-from-home-fun-ways-to-make-a-living/ You can also win cash! What more could you ask for? Start NFL football betting today and enjoy the football game more.
