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The NFL is the most popular league in sports betting, with millions of Americans

wagering at the top USA sportsbooks 🫰 throughout the season. From football futures odds

to NFL same-game parlays and NFL props, sports betting sites have something for 🫰 every

bettor. The Super Bowl has more wagering options than any sporting event of the year,

giving fans something to 🫰 look forward to with their sports betting bankroll.

NFL odds

are constantly moving due to betting action, injuries and other factors, 🫰 but monitoring

the NFL odds board is one way to make the best NFL bets possible. Football odds are

also 🫰 a useful way to gain an edge in NFL survivor pools and NFL office pools. Here are

several football sports 🫰 betting terms to know:

Alternate lines: Every NFL game has

alternate lines, as sportsbooks post different spreads and totals with adjusted 🫰 odds.

For example, if a team is favored by one touchdown, many sportsbooks will offer odds on

the team to 🫰 win by at least 10 points instead.

American odds: American odds are the

most common odds used in the NFL, with 🫰 the moneyline indicating the amount of money

needed to winR$100 (favorite) or the amount that aR$100 wager would pay (underdog).

🫰 This is one of the three main types of betting odds.

Closing Line: The final odds

posted when the game begins 🫰 is the closing line. The live odds will then start to shift

after the game begins and will generally continue 🫰 until the game is over.

Consensus:

The consensus line is a combination of odds from the top sportsbooks. If a team 🫰 is a

7-point consensus favorite, it means that most oddsmakers have the team favored by

seven points.

Decimal odds: Decimal odds, 🫰 also called European odds, are one of the

other formats used to present betting odds. They represent the amount of 🫰 money someone

would win for everyR$1 wagered.

Favorite: The favorite is the team expected to win the

game outright. Favorites have 🫰 a negative sign in front of their spread and money line

odds.

Fractional odds: British (fractional) odds are the final type 🫰 of odds used in

sports betting. They are the ratio of the profit won to the stake, as a 6-1 🫰 underdog

would payR$6 for everyR$1 wagered.

Futures: These can be some of the most interesting

odds to monitor, as they relate 🫰 to things such as championship winner or division

winner. Most sportsbooks update their futures odds on a weekly basis, giving 🫰 fans a

chance to see how their team stacks up in the eyes of the oddsmakers.

Home-field

advantage: One thing that 🫰 is a factor in every NFL game is home-field advantage, which

changes the odds based on which team is playing 🫰 at home. Some teams have a bigger

advantage than others, as their crowd noise or location can adjust the odds 🫰 more

significantly than others.

Hook: If the betting odds have a half-point attached to

them, that is called the hook. The 🫰 hook makes it impossible for the betting result to

end in a tie, as NFL games do not have half 🫰 points.

Juice: Also known as vigorish or

vig, the juice is the amount factored into the odds by oddsmakers. An American 🫰 odds bet

of -110 containsR$10 of juice for everyR$100 wagered.

Line movement: NFL odds generally

do not move as much as 🫰 other sports due to the accuracy of the betting market, but they

still feature line movement due to various reasons. 🫰 Weather, injuries or large bets are

all reasons for line movement on NFL games.

Money line: The money line is the 🫰 odds

related to the winner of the game with no point spread involved. Favorites have

negative odds, while underdogs have 🫰 positive odds in an American odds

format.

Oddsmaker: Someone who sets betting odds and lines is an oddsmaker. Some

oddsmakers create 🫰 their own betting odds (originators), while other oddsmakers copy

odds that are already in the market.

Over/Under: This is one of 🫰 the primary sets of

odds used for the NFL, with the number representing the expected points scored in the

game. 🫰 These are also used for some futures odds, such as how many games a team will win

in a season.

Pick’em: 🫰 If neither team is favored, the game is called a pick’em. The

betting odds have not determined a favorite or 🫰 an underdog, so they are usually good

games to watch.

Spread: The point spread levels the playing field between two teams, 🫰 as

it is the number of points the favorite is expected to win by. The favorite is

designated by a 🫰 negative spread (-7), while the underdog has a positive spread

(+7).

Underdog: Unless a game is a pick’em, every NFL contest 🫰 has an underdog, which is

the team that is expected to lose. They are denoted by a positive number in 🫰 the betting

odds.

The three primary types of betting odds are American (money line), fractional

(British) and decimal (European). They are 🫰 alternate ways of presenting the same odds,

offering the same payout in each scenario. The percentage probability of an event

🫰 occurring can be converted and presented in any of the odds offered.

Favorites are

always priced with a negative sign in 🫰 front of their spread or money line, while

underdogs have a positive sign in front of theirs. If a team 🫰 is -6.5, they are the

favorite and would need to win by at least seven points to cover the spread. 🫰 Their

opponent would be +6.5, needing to lose by six points or fewer (or win outright) to

cover as an 🫰 underdog.

Odds are originally set by oddsmakers, who are also called sports

traders or bookmakers. They usually adjust their odds once 🫰 bettors start wagering

money. The odds can also be moved due to things like injuries or weather

forecasts.

Sportsbooks take games 🫰 off the board when a star player suffers an injury,

the venue changes or another factor occurs. Oddsmakers usually re-post 🫰 the updated line

within a few hours, depending on the severity of the news. The odds are frozen so the

🫰 sportsbook avoids taking large wagers on odds that are likely to change.

This is

another way to reference the over/under, which 🫰 is the number of points expected to be

scored in a game. If a game has an over/under of 45.5 🫰 points, it will go over the total

with 46 or more points and under the total with 45 or fewer 🫰 points. Over/under odds are

also used for prop odds, such as a player’s receiving yards in a game.

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