The only people more excited about the 2020 NFL season than fans are sports bettors. There is plenty of reason to be excited about football especially during the current state of the world. The best part? NFL betting options.
If NFL bettors weren’t excited enough, they should be overcome with joy because of the number of NFL betting options available out there. Yes, NFL bettors get giddy just betting traditional spreads, moneylines, and totals; but the betting menu in the market is massive.
Expand your betting horizons – and your bankroll – by perusing your betting boards at your sportsbook. Just like at your favorite restaurant, you’ll have a hard time choosing which wager to tackle next.
The NFL Betting Basics
Basic NFL bets are moneyline, spread, and totals wagers. In moneyline bets, bettors choose the team they believe will win outright. In the following example, Buffalo is favored to beat the Tennessee Titans.
Buffalo -3.5 -189 53
Tennessee +3.5 +159 53
In order to win a $100 bet on the Bills, you would have to wager $189. A $100 bet on the underdog Titans would pay out $159 if Tennessee wins.
Using the same example, Buffalo is a 3.5-point favorite over Tennessee. Placing a spread bet on the Bills means they must win by four or more points for your wager to cash. On the other hand, your bet on the Titans wins if Tennessee wins or if they lose by three or fewer points.
You can wager on the total score by choosing Over or Under 53 points. If the two teams’ scores add up to over 53 points and you put money on the Over, you win.
Parlays & Teasers
Traditional bets are not the only way to wager on the NFL. A parlay is a single bet that links together multiple bets. In order for the parlay to win, all of the individual bets must win.
Because a parlay is more difficult to win, the odds are higher which means bigger payouts for the bettor. You could take the example above and bet on Buffalo to win and then add in a bet on the Bears and Panthers for a two-team parlay. If you win both bets, you win the parlay.
A teaser is a bet in which you can adjust the point spread. Teasers are also done in multiple bets, the most common of which is the NFL six-point, two-team teaser. Using our example, we could tease the spread taking Tennessee from +3.5 to +9.5. We would do the same for a different game, combine the two, and if they both hit, we win.
Team & Player Props
Each game, there are numerous team and player prop bets. Bettors can wager on things like which team will score first in a game or which team will have the longest touchdown.
Player props include betting on whether a quarterback will pass for three touchdowns or have a certain number of yards passing in a game.
Futures Betting Options
NFL bettors can also dabble in the futures market at online sportsbooks. The most popular futures bet is the winner of the Super Bowl. Odds change throughout a season and bettors that lock onto a longshot early in the season can see a huge payday at the end of the season.
Other futures bets include player futures like which player will win the NFL MVP award or who will lead the league in rushing.
The bottom line is that there are more bets out there than just the basic moneyline, spread, or totals bets. NFL bettors can even get in on the live betting action where they can bet on things like the result of the next play.
Betting on the NFL is exciting. Expanding your NFL betting options on the massive betting board can make it even more exciting.