| Football
betting has a lot of football specific variables
to consider before you even look at the different
types of bets available but a proper understanding
of the bet types should not be underestimated,
especially for newcomers to sports betting.
NFL Betting Spread
I will firstly explain betting
on the NFL point spread, whereby one team is the
designated favorite and the other team is the
underdog. The point spread in NFL betting sets
a specific number of points that the favorite
must win by in order for a person betting that
particular team to win their wager.
Let's use the Philadelphia
Eagles at Houston Texans on September 10th as
an example. The Philadelphia Eagles are four point
favourites for this game so in sports magazines
or newspapers you would probably have seen the
following or something similar:
Point Spread
Philadelphia -4
Houston +4
What the above example means
to a person wagering on Philly to win on the point
spread is that Philly must win by more than four
points. For another bettor placing their money
on Houston, Houston must either win the game outright
or lose by less than four points. If the outcome
of the game was to be decided by exactly four
points, then neither bettor would win or lose,
the result is known as a "push" and the wager
is returned to the bettors.
If the Eagles win by ten
points then they have covered the NFL point spread
of 4. If you bet on the Eagles in the above example
and they win by ten points, then you cash in on
your wager, however, if you bet on Houston, you
lost your wager.
Totals Betting
Let me now explain "totals
betting". Many players like to place bets on what
the total points scored will be in a game irrespective
of who wins or loses. This is known as totals
betting or over/under betting.
Over +46.0 -110
Under +46.0 -110
In the above example the
odds maker has decided that the total number of
points scored in the Denver Broncos at St. Louis
Rams game will be 46 points. If a bettor thinks
there will be more than 46 points scored in the
game, s/he bets the Over. If a bettor thinks there
will be less than 46 points scored in the game,
s/he bets the Under.
If the total points in the
game equals exactly 46, then any bet on either
the over or under is deemed a push. The bet is
returned to the bettor.
The second number (- 110)
after each team represents the price of winning
the bet, a bettor will receive $100 for every
$110 bet.
Moneyline
Placing bets on the moneyline
is another option for bettors. When a bettor places
a bet on the moneyline s/he is betting on the
result of the game; who will win the game irrespective
of the point spread.
New York Jets + 125
Tennessee Titans - 145
In the above example the
(-) in front of the Tennessee Titans indicates
that they are the favorites to win the game. The
- 145 means that the bettor will win $100 for
every $145 wagered. If the Titans win the game,
a bettor who wagered $10 will get a return of
$16.90 - the original $10 stake plus a profit
pf $6.90.
Sports
Interaction have an excellent betting guide
as well as an abundance of useful football information
for bettors to study before placing a wager.
Sports
Interaction, located in Kahnawake Mohawk Territory,
Canada, is the first online sportsbook to be
fully licensed and regulated in North America.
No other sportsbook offers the security of knowing
you are betting with a world leader which is
located in North America and which is subject
to Las Vegas type regulation overseen by the
Kahnawake Gaming Commission.
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