American football is by far the most popular sport in the US, and the most popular league for American football is the NFL.
Because of its huge fandom, the NFL season is one of the most awaited sports events in the US, with the Super Bowl its most anticipated conclusion.
With all the hype and excitement for this season, everyone knows it’s going to be big, and with the NFL 2022 season just around the corner, we figured this would be the best time to revisit the types of bets you can wager with during the new season of the NFL.
NFL Point Spread
This is the most popular bet out there, not just in the NFL but in most team sports. The NFL point spread shows how many total points a team should have, when winning or losing, for you to win the bet.
In addition, the teams are presented with either a minus “-” or a plus “+,” which tells us if a team is a favourite or an underdog, respectively. Let’s have an example:
Kansas City Chief: -7.5
Tampa Bay Buccaneers: +7.5
In this example, the Chiefs would be the favourite, while the Buccaneers would be the underdog. If you bet on the favourite, they have to win with 8 points or more for you to win your bet.
If you bet on the underdog, they would have to lose within 7 points or outright win the game for you to win your bet.
And if you noticed the .5s, that is to avoid having a push. For example, if the odds are 7 for the Chiefs and they win by 7 points, a push would happen, which would prompt the bookmakers to return all the bets.
The money line is just as popular as point spread betting, but it’s far simpler and easier to get into than point spread betting.
All you have to do in this bet is to bet which team will win without score factoring.
It doesn’t need analysis, but you can do so if you want to and what’s most important is that you don’t have to research hard for strategies; there are only two choices, after all.
In this bet, two teams will be presented with a 3-digit number with the same plus and minus symbols. Let’s have an example.
Kansas City Chiefs: -250
Tampa Bay Buccaneers: +250
In this example, the Chiefs are still the favourite, and the Buccaneers are the underdogs. So, if you bet on the favourite, you would have to bet $250 to win $100. However, if you bet on the underdog, you would have to bet $100 to win $250.
It might sound unfair but remember, the underdogs are slated to win, which is why the bookmakers make them more enticing to bet on so that people would still like to bet on the underdogs.
When the odds are published, you can often see a number beside the terms of over/under. This signifies the line published for the over/under bet for anyone willing to bet for this type of wager.
Now, what does this mean? The numbers published are the predictions of the total points accumulated by both teams at the end of the game.
If you think the score would be over what the bookmakers published, you should bet on the over.
If you think otherwise, you can bet on the under. They’re also signified by decimal places to avoid a push.
Let’s have an example. Suppose the bookmakers published a line where it says “54.5” points. For the over to hit, the total points should be 55. And for the under, the total points should be less than 54.
NFL Prop Bets
This type of bet is among the most popular in the NFL betting market. This is because it’s diverse and composed of bets with their niche.
Things like who will make the first point, which team will win their division, which will win the Super Bowl, etc. There are a lot of them.
Not to mention that comes the Super Bowl, more prop bets would pop up. Here are a few examples.
NFL Player Props: These bets are about a player’s stat performance, like their total wins in the season, odds to win the MVP, and even NFL draft betting.
NFL Team Props: This includes all franchise-related bets like which team will win their division or conference, which team will make it to the Super Bowl, or which team will move to a new city.
NFL Super Bowl: The Super Bowl is the ultimate conclusion of the NFL, so it’s no wonder why the Super Bowl prop bets are the most popular type of prop bet there is.
In this one, there are a lot of bets you can make, like who will sing the National Anthem, who will be the highlight for the Super Bowl halftime show, or which company will advertise during the halftime show.
These are some bets you can make on the upcoming NFL 2022 regular season. The upcoming will be one of the biggest, and there’s no better time to try betting on this season.
It’s going to be big, and there’s a lot of money to be had, so good luck out there.