Understanding Football Odds. The biggest thing in regards to understanding NFL odds relates to the point spread that's put up on each game. Betting on football isn't as simple as just picking the eventual winner of the game, you've got to consider who will win, but more importantly by how much.

Jul 15, 2020 Spreads are available for all sports, but they are predominantly used when betting on higher-scoring sports like football and basketball. Click to return to table of contents. The second way to bet on a favorite or an underdog is on the moneyline. This is based solely on which team will win the game. To help understand the gambling lingo and betting slang, we’ve defined the most common gambling phrases used in sports betting. Action The act of placing a bet or having an active wager on a. As a beginner to sports betting, it’s not exactly essential to understand the intricacies of how bookmakers operate. However, it IS a good idea to understand how and why they make their.

Introduction:

In this article, we will be explaining how to bet on soccer. We’ll explain the numerous methods to bet on soccer and the terminology commonly used. Soccer is a widely-bet sport worldwide and there are a number of different ways to bet an individual game.

Betting the 3-way Moneyline:

In soccer, there are many types of competitions with varying rules so it’s always good to be informed prior to placing a bet. In most competitions, draws may be the final result of the game, so there are 3 different outcomes to bet on between Team A and Team B:

Team A wins

Team B wins

Team A and Team B draw

Soccer bets are based on results after 90 minutes of play or, ‘Regular Time’, which includes any time added by the referee in respect of injuries and other stoppages. Any Overtime, Golden Goals or Penalty Shoot-Outs do not count towards these betting since they are not considered ‘Regular Time’. For example, in the elimination stages of the World Cup, a winner is required in the tournament in order to progress to the next stage, but all bets are settled on 90 minutes of play (Regular Time). Thus, a draw is a possible outcome to bet on even in a game where one team must be eliminated. An example of what a 3-way moneyline would look like is:

France -129

Switzerland +325

Draw +250

Betting the 2-way Moneyline without the Draw:

Another way of betting soccer is to take the 2-way moneyline, also known as “Draw, No Bet” This is betting on the outcome of the game without the Draw. The two possible wagers are:

Team A wins

Team B wins

This form of betting eliminates the option of the Draw, and will likely have inflated odds on the favorite and deflated odds on the underdog to win the match since a draw results in no bet. For example, in a World Cup match between France and Switzerland, odds on the 2-way moneyline would like look:

France -310

Switzerland +272

As you can see, there is no option to bet on the draw, and if the game ends in a draw, the bet is refunded or “No-Actioned”, and is as if the bet was never placed.

Betting Goal Lines:

Similar to betting the 2-way moneyline (without the draw), the Goal Line is a way for bettors to win a bet on multiple outcomes of the game. Goal Lines are similar to Puck Lines in hockey and Point Spreads in football or basketball. A Goal Line is typically 0.5 goals but for games with big favorites, the Goal Line may be 1,1.5, 2, 2.5, 3 and so on. A World Cup match between Argentina and Iran looks like this:

Argentina -2.5 goals (+110)

Iran +2.5 goals (-120)

If you bet Argentina -2.5 goals, then to win the bet they must win by 3 goals or more. On the other side, betting Iran +2.5 goals means to win the bet, Iran can win, draw, or lose by 1 or 2 goals.

Betting Totals:

Totals in soccer work differently than other sports and can be shown in multiples of .25 goals. Since scoring is minimal in soccer, bookmakers will often times set a Total of 2.25 or 2.75. For example, if you bet on the Over 2.25 goals, half your bet is placed on “Over 2” and the other half of the bet is placed on “Over 2.5”. If the game settles on 2, you lose half your bet (Over 2.5) and refunded the other half (Over 2). If the game settles on 3, you win both bets (Over 2 and Over 2.5).

Another example is if you bet on the Under 2.75 goals. In this example, half your bet is placed on the Under 2.5 goals and the other half is bet on the Under 3 goals. If the game lands on 3, you’d lose half your bet (Under 2.5) and refunded the other half (Under 3).

The novice football bettor may be a bit overwhelmed when they first create an account at an online Sportsbook and then look at the posted NFL betting lines. Most bets with your buddy will be on what NFL team will win straight up or who will cover the spread. This guide give you the basic types of Football wager types associated with a betting line.

Football Betting Line

Understanding Football Betting Spread

A betting line is a posted number that the online Sportsbook posts for each game in a certain sport. The betting line will have different wager options within the betting line. Bookmakers will post odds on who they think will win the game. The betting line will usually show a favorite and an underdog. The example below will show what a NFL betting line looks like at one of our recommended Sportsbooks Bovada.com .

Moneyline Wager

The Moneyline wager means you are picking who you think will win the game straight up. In the example above, the Moneyline odds on the New York Giants are +140. In this example the New York Giants are the underdog. The +140 means that for every $100 you wager you will win $140. You do not have to wager $100. The betting line is a payout ratio odds and will be scaled to your actual wager. The favorite in this example is the Detroit Lions denoted by the -160. You have to risk $160 to win $100.

NFL Point Spread Wager

The Point Spread is one of the most popular wagers in NFL Football betting. You need to cover the Point Spread to win your wager. For example the Favorite in this game is the Detroit Lions as they have a point spread of -3(-110). For you to win your wager, the Detroit Lions would have a final score beating the New York Giants by 4 or more points. The (-110) in brackets is the 'juice' or 'vig' on the wager. Sportsbooks take a standard 10% commission on all wagers. If there is not a -110 beside the point spread it is usually assumed 10% juice. The Underdog in the point spread is the New York Giants +3(-110). For you to win your wager the NY Giants could lose the game by 2 points or less. If the final is score is a margin of 3 points then the wager would be graded a PUSH and the wager amount would be returned to you.

NFL Total Wager

A Total Wager is a bet on the OVER/UNDER for the Total Score at the end of the game of the combined teams. In this betting line the TOTAL is 33 (-110). For you to WIN the OVER TOTAL wager the final score would have to be 34 points combined for both teams. If the TOTAL score is exactly 33 then the wager would be graded a PUSH and your wager would be returned to you. The NFL betting line in the above example is for the full game. An NFL betting line can also be posted for 1st Quarters(1Q), 1st Half(1H) and 2ND Half(2H). Not all Sportsbooks post 1Q lines for all football games. Professional bettors are known to profit on 1H and 1Q wagers because they are able to handicap NFL games accurately because many NFL coaches script their first half plays. Moreover, 2H bets are very popular because you are able to see how well the team is playing in the first half.

Understanding Betting Odds

Circled NFL Line

Occasionally you will see a GREEN or RED box around a NFL betting line. When a NFL Point Spread, Moneyline or Total betting line is boxed RED or GREEN this is referred to as a CIRCLED Line. It is also referred to as GREEN or RED Boxed.

Green Circle NFL Betting Line

A GREEN circle means that there are higher bet limits on the bett