How To Bet On Nfl Games

Posted : admin On 10.03.2021

As legal sports betting rolls out across the US, the biggest slice of the market is betting on the NFL.

Pro football is the most-watched sport in America, and that translates to it being the most bet-on sport as well.

When betting the moneyline, you are simply picking the team that will win the game. The negative number next to the New York Giants (+150) gives us similar information, with one key difference. It tells bettors. Although the National Football League is very popular, there are still some US gamblers who very are unsure about how to bet on NFL games. Those who are interested in betting on the league will be happy to learn that betting on the NFL.

NFL betting sites

Read on for more information about betting on the NFL in 2021 and the market for it in the US.

Where you can legally bet on the NFL in the US

There are more than a dozen states where you can legally bet on NFL football games currently. Here is the list of states where sports betting is legal, or where it has been legalized pending launch (click through to learn more about betting options in any of these states:

StateIs sports betting legal?Is online sports betting legal?
ArkansasYesNo
ColoradoYesYes
DelawareYesYes, launch undetermined
IndianaYesYes
IowaYesYes
MississippiYesYes, on-property only
MontanaYesYes
NevadaYesYes
New JerseyYesYes
New MexicoYes, at multiple tribal casinosNo
New YorkYesNo
North CarolinaYes, pending launchNo
OregonYesYes
PennsylvaniaYesYes
Rhode IslandYesYes
TennesseeYes, pending launchYes, pending launch
Washington DCYes, pending launchYes, pending launch
West VirginiaYesYes

Online betting is currently live in these states, which should be the largest markets for sports wagering in short order:

NFL betting in New Jersey

The second biggest market for betting on the NFL is New Jersey, and it will likely surpass Nevada in the near future — possibly in 2020 or 2021.

That’s for several reasons:

  • It’s a more open market for online betting — you can register online from anywhere in the state
  • New Jersey is also interesting in that it has access to the New York City market; NY only has a few physical sportsbooks upstate. But New Yorkers can cross the river into New Jersey and bet easily.
  • Betting on the Giants, Jets and Eagles is popular among New Jersey residents.

There are no shortage of NJ sports betting apps:

  • BetAmerica
  • Hard Rock
  • Bet365

NFL betting in Pennsylvania

Pennsylvania is the biggest state that has legal sports betting apps. Population centers and football-crazy cities Philadelphia and Pittsburgh create a good starting based for legal sports gambling.

There are only a handful of apps in the state as of September 2019, but more are on the way.

  • Parx Sportsbook

NFL betting in Illinois

Illinois is the sixth most populous state in the US, while Chicago is the single largest metropolitan area with legal online sports betting. Sportsbooks are also keen to acquire customers now, while in-person registration is suspended.

There are already a handful of live apps in the state, including:

NFL betting in Colorado

Despite only launching in May, the Colorado market already has a wide range of sportsbooks for betting NFL.

The CO apps live today include:

  • BetMonarch
  • Circa Sports
  • ELITE Sportsbook
  • Smarkets
  • Sky Ute

NFL betting in West Virginia

Bet On Nfl Games Online

West Virginia has two of the major players in online sports betting: DraftKings Sportsbook and FanDuel Sportsbook.

There are also a trio of physical sportsbooks. While betting on West Virginia University is huge, expect a lot of betting on the NFL teams in surrounding states as well.

NFL betting in Nevada

Sports betting has been around for decades in Nevada, and it’s the biggest market for NFL betting right now. Hundreds of millions are wagered on NFL games in Las Vegas and beyond.

While there are more than 100 physical sportsbooks, nearly all of them also have a sports betting app. While the tech in Nevada lags behind other markets, and you have to sign up in person for an app, they are still a good option.

Mobile betting accounts for more than half of all betting — NFL and otherwise — in Nevada.

NFL betting in Iowa

Online

Iowa went live with sports betting in the summer of 2019, rolling out physical sportsbooks and online sports betting apps almost in parallel.

There are already more than a dozen sportsbooks in the state, along with apps that you have to register for at a casino and racetrack.

Legal NFL betting apps vs. illegal offshore apps

If you’re not in one of the states mentioned above, you are not betting at a site that operates legally in the US or in your state.

While many people believe that sports betting became widely legal in 2018, all that happened was the repeal of a federal ban allowing states to legalize sports betting.

So if you want to bet on the NFL, keep in mind where you’re betting. While individual bettors are unlikely to get in trouble for betting at a site that operates outside of the constraints of US law, the sites themselves do run afoul of federal and state law. Despite the fact that these sportsbooks will tell you they are operating legally, that is far from the truth.

If you’re in Nevada, New Jersey and other states that have betting laws, you have a number of regulated choices to choose from. Unfortunately for much of the country, there is no legal option. That includes large states like California and Florida. In New York, you can bet at some upstate sportsbooks but only in-person.

How much do Americans bet on the NFL?

Despite the fact that the NFL has the fewest games of any pro team sport, it’s by far the most popular to bet on.

With a handful of preseason games, 16 in the regular season and then a win-to-advance playoff system, there’s a premium on every game. That dynamic makes the NFL the most popular sport to watch on TV; the Super Bowl every year is the most-watched program on TV in the US.

All of that interest creates a robust market for betting on the NFL in the US, despite the fact that single-game wagering has only been legal in Nevada before 2018. People still find myriad ways of having a monetary interest on the outcome of games, from fantasy sports, to betting against friends, to using illegal offshore sportsbooks.

Gauging how much is bet on the NFL by Americans is tricky because of all that. The American Gaming Association says that 38 million adults will bet on the NFL in 2019.

If you include fantasy and social betting, the number is certainly in the hundreds of millions. If limited to offshore books, the number has been estimated from the tens of billions to $150 billion.

The advent of legal sports betting outside of Nevada will increase all of these figures even more. The NFL, as the country’s most popular sport, will drive betting handle in most states. Loki casino ndb codes.

When is NFL betting the biggest?

The interest in betting on the NFL usually follows a rhythm, starting out strong before hitting a crescendo in the postseason:

  • The first few weeks of the NFL season are usually the biggest in the regular season, outside of weeks that feature several top teams facing off and/or divisional rivalries. Everyone is excited to bet on the NFL when it returns, and that honeymoon usually lasts several weeks.
  • Thanksgiving is now a big time to bet on games. With the unidivided attention of NFL fans — at least before dinner is served — there are three games that take place on the holiday every year.
  • The end of the season is often a bit slower for betting on the NFL, from attrition of bettors to lack of interest as some teams fall out of the playoff hunt. But that resets as the playoffs begin, with huge numbers of bettors wanting to have action on wild-card games, divisional games and conference championships.
  • The Super Bowl is usually the single biggest day for betting at any sportsbook. Tens of millions of people will watch, and many of them have action on the game some way, whether through a sportsbook, a squares competition or a wager with a friend. But as sports betting rolls out in more and more states, expect there to be a lot of betting on the NFL.

Sports betting apps vs. physical sportsbooks for NFL

NFL fans love to watch games at sportsbooks. Nevada has long cashed in on the intersection of betting and lots of TVs, packing sportsbooks in Las Vegas and elsewhere with fans on NFL Sundays.

It is usually a good experience, except it can be difficult to get your bet down in-person on a busy Sunday. The lines to place bets in states with legal sports betting are usually extremely long; in states where online betting is legal, it’s far more convenient.

Here’s a bit of a breakdown:

Sports betting app advantages

How To Bet On Nfl Games In Ohio

  • Multiple ways to deposit and withdraw funds
  • Easier to place bets
  • Live betting options — betting while games are going on — is far more robust.
  • Convenient to bet from nearly anywhere (as long as you are located in a state where it is legal).
  • Deposit bonuses and odds boosts

Physical sportsbook advantages

  • Personal contact with a ticket writer
  • Can watch nearly every game at a sportsbook
  • Free drink tickets are sometimes given at sportsbooks

More about NFL betting odds and lines

If you are betting on the NFL, there are a variety of ways to do so. Here is a quick look at some of the ways:

  • Point spread: This is the most common way to bet on NFL games, and is generally the type of bet that sportsbooks see the most of. Here, the sportsbook sets a line that team X will win a game by Y points; for instance, New England could be a three-point favorite at home against the Philadelphia Eagles. If you bet New England at minus-3, you are betting that New England will win by four or more points. If you bet on the Eagles, you are betting that Philly will either win, tie or lose by two or one points.
  • Moneyline: This simplest type of bet, a bettor is just picking who will win the game. The confusing part for bettors not used to looking at moneyline odds. Here, a favorite will usually be assigned a negative number, and the underdog a positive number. New England could be a -148 favorite, meaning you need to bet $148 to win $100. Philly could be a +128 underdog, meaning you bet $100 to win $128. Favorites, therefore, return less money than underdogs.
  • Totals: Betting on how many points will be scored in an NFL game is another very common bet. Here, the sportsbook sets a line, and you bet whether the two teams will combine to score more or fewer points than that total.
  • Futures: There are a variety of ways to bet on future events for the NFL. The most common is to bet on the winner of the Super Bowl. You can also bet on conference champions, division champions, and regular-season win totals among other things.
  • Prop betting: Here, a bettor is betting on whether something will or won’t happen in a game. Will Tom Brady pass for 300 yards or more? Will Antonio Brown score two touchdowns? You’re betting on whether the number set by the book.
  • Parlays: A bet where you connect more than one outcome into a single bet. For instance, you could combine three point spreads into a single bet that would result in longer odds and an increased payout if the bettor picks all three correctly. These are generally profitable bets for sportsbooks because of the degree of difficulty for the bettor.
  • Live betting: Betting on a game while it is in progress is an increasingly popular way to wager. Most of the methods of wagering above are available while games are going on, including spreads based on the current score and time, what players will do during the game, etc.
  • Teasers: This is essentially a two-leg parlay that lets you move the point spread or total six points in your favour. For example you could tease two 8.5 point favourites down to -2.5. You normally pay -110 to -120 on a two-team teaser.

Note that all of these types of winning bets will include vigorish or a commission that the sportsbook charges on winning bets. More on sports betting terms can be found here. And that’s not an exhaustive list of bet types either.

How to Bet On Sports > How to Bet on the NFL

“Football is a game played with arms, legs, and shoulders but mostly from the neck up”. – Knute Rockne

Introduction

SportsInsights.com’s general betting articles discuss the intricacies of sports betting as it pertains to each major U.S. sport. This article will concentrate on how to bet on the NFL. We will try to utilize that “neck up” part of our bodies to gain an edge on the linesmakers, but first we must know the basics. The NFL is by far the most popular bet of all major American sports, culminating with the most popular game of the year, the Superbowl. This article will shed light on each football wager type including spread, moneyline, totals, parlays/teasers, halftimes, and futures.

Spread Betting

Like many high scoring sports, NFL wagering is dictated by the point spread. The spread, or line, is a type of side bet that equalizes the chance of winning a wager. The line offered for any given team will be accompanied with a – or + symbol to indicate whether a team is a favorite or an underdog. The example below displays the spread from the Sports Insights archives at the time of kickoff:

TeamSpread at KickoffFinal Score
Indianapolis Colts-9 (-110)23
Tennessee Titans+9 (-110)20

Generally, the number next to the spread is “-110”. This is what’s known as the juice, vig or odds. The juice is a fraction of the wager taken from the bettor if the bet wins. In this instance, a winning wager of $110 will yield a profit of $100.The example above demonstrates that, although Indianapolis won the contest, Tennessee covered the spread by losing by less than nine points. An important aspect of sports betting is capturing the best line possible. A great way to achieve this is by shopping for the best line.

Moneyline

In the parity driven NFL, the phrase “any given Sunday” is more prevalent than ever, which is why Moneyline (ML) bets can be very profitable when betting on the underdog. A moneyline wager is one that is placed on either the favorite or the underdog to win straight up. The example below is from Week 10 of the 2010-11 NFL season:

New York Giants-600
Dallas Cowboys+450

To win $100 dollars wagering on the New York Giants one must lay $600. Whereas, a $100 bet on the Dallas Cowboys earns a profit of $450. Due to the high risk and low reward presented by betting on the NY Giants, bettors may choose to fade, or go against them, and place a smaller wager on the Cowboys. The Cowboys did indeed win this Week 10 shocker at the New Meadowlands by a score of 33-20.

The Spread and Moneyline are contributing factors for Sports Insights’ Steam Moves and Smart Money Betting Systems.

Quarter and 1st Half Lines

The majority of bets on any sport are usually on the final outcome of the particular contest. However, for sports like the NFL and NBA, there are 1st quarter and 1st half lines offered as well. The quarter spread is used to determine who will be the winner at the end of the 1st quarter. The same is true for a 1st half line, only the wager ends when the first two quarters are completed. Generally, the 1st half spread will be close to half of the overall spread on the game.

Halftime Lines

There are also in-game bets being placed DURING halftime, to determine the outcome of the second half, known as the halftime, or 2nd half, line. The 2nd half line accounts for what happened in the first half to help determine how the rest of the game will play out.

TeamHalftime ScoreHalftime SpreadFinal
Arizona Cardinals13+3 (-110)27
St. Louis Rams17-3 (-110)24

For the purposes of a halftime bet, the game essentially restarts at 0 to 0. According to the halftime spread, the Arizona Cardinals are expected to be outscored by the St. Louis Rams by 3 points throughout the entire 2nd half. A halftime bet of $110 dollars on the Arizona Cardinals would lead to a profit of $100, because, not only did the Cardinals beat the spread, they won the game outright. These bets are taken during halftime, leaving a small window for the bets to be placed. You can track halftime odds easily using our Sportsbook Insider live odds software.

Totals or Over/Under

The concept of betting on totals, or Over/Under (O/U), is quite simplistic. The bettor wagers on whether the TOTAL points scored in a game will fall over or under a pre-determined number set by the sportsbook. Much like the point spread, game totals can be swayed by public opinion. The example below, from the SI Archive, shows the opening totals line for Superbowl XLV:

TeamTotal or O/UFinal Score
Green Bay Packers44.5o (-105)31
Pittsburgh Steelers44.5u (-115)25

As you can see above, the combined score for Superbowl XLV was 56, and since this line was offered at reduced juice, a wager on the over at 44.5 of only $105 would yield a profit of $100. This line closed at a high of 46 points at some books, demonstrating how the public, who tend to show a proclivity for high scoring games, can increase an O/U line.

Parlays/Teasers

Parlays are wagers placed in combination with the spread, moneyline, and totals to increase the payout. A parlay is only a winner when ALL individual plays hit. A teaser is the same as parlay, except you put points down in your favor to help the bet come to fruition. For example, if the proposed line is -13 and you have a 6-point teaser, your new line is -7. A teaser may have reduced some of the risks of the parlay, but you still have to hit each individual play and the payout is reduced significantly. Many sportsbooks let you bet up to 15 times for one parlay, and if all wagers are at -110, that’s a payout of 16,306.94/1!

# of TeamsPayoff
22.64/1
36/1
412.28/1
524.35/1
647.41/1
791.42/1
8175.44/1
9335.85/1
10642.08/1
111226.70/1
122342.79/1
134473.51/1
148541.25/1
1516306.94/1

Futures

Futures bets are exactly what they sound like, a wager placed on an event that will occur in the future. As you can imagine, the most popular futures bet in the NFL is who will win the Superbowl. In fact, the Team Odds to win it all are released within a week after the previous year’s championship. It is not uncommon to see last year’s worse team to be 100/1 dogs or worse. Naturally, Futures are not limited to simply who will win the big game. Much like proposition (prop) bets for any particular contest, you can place several futures bets on potential outcomes, from who will win what division to who will win the league’s MVP. Futures Odds can be found at nearly any reputable sportsbook, but some have a limited selection of wagers they will actually take.