A Beginners Guide to the NFL Betting Markets
American football is one of the most popular sports in North America and most pin up parts of the world, and the NFL is the most popular league in the sport. As a result, it is one of the most bet on leagues in the world of sports betting. However, before you can truly get started, you need to be familiar with some basic aspects, including reading NFL stats, the betting markets, odds, and so on. In this guide, we will be focusing on the NFL betting markets. So, let’s dive right in!
Before we take a deep dive, this will be a good time to read up about the places where betting is legal and won’t land you in any trouble. One of those states is the State of Wyoming, read more about it in this link: sports betting wyoming.
The Moneyline bet is when you decide to place a direct bet on the game. Here, you have a strong conviction of the outcome of the game. But note that you can only bet on which team would win the game. So, the odds would vary depending on how the teams are closely matched. You will get a smaller odd if you are betting on the favorites. However, if you predict an offset, you look at a big buck payout. Before choosing this market, make sure you have done your research, as it is a straightforward bet.
Point spread betting is simply a handicap bet you place on either team facing off. Since American football only has two main Moneyline options, the point spread bet is to help add some competitive edge to the betting point of view. Here, one side has the lead, while the other is given a handicap. The amount of handicap depends on how closely matched the teams are, as the idea is to provide both teams with an equal chance of winning. In this case, you would want to pick the most over or underestimated sides in each game.
This betting market is also known as correct score betting. In this case, you predict the total number of points one or both teams would score in a particular match. Since this market is more open than point spread betting, the odds are more rewarding. However, you must familiarize yourself with stats before diving into this market. See how both teams score on home ground and away from home. Also, see their point-scoring records against each other in the past and against other teams as well.
Props betting is for players who do not want to wait until the end of the game to see the outcome of their bets. You can bet on either game props, team props, or player props options.
In the Game Props betting market, you would be considering the different plays such as yards and passing from players or the teams. In addition, there are different options you can consider in this market. Some of them include total passes, total rushing yards, number of touchdowns, and even coin toss.
Team Props Bets
Depending on the sportsbook you choose, there are different Team Props bets you can decide to give a try. This market work very similarly to the Games Props market. However, the options are limited to individual teams, meaning whatever option you’re choosing is for a particular team.
Player Props Bets
Unlike the Team Props and Game Props bets, the Player Props market is for individual players. Here, you are backing a player to carry out a particular play or score a certain number of points. Some of the available options that you consider include To Score First Touchdown, Player Rushing Yards Over/Under, First Scoring Play, and so on.
Betting on NFL games can be exciting if you know how to do it right. That is why it is important to know the basics and understand different aspects of it. We have given you a good view of what the betting market in the NFL looks like. Now, you can choose which option works best for you. Fortunately, you are not limited to one market. So, you can always change to a different one if you feel your original choice is not working for you.