NFL is one of the most popular online sports betting markets all over the world and with the March Madness coming soon, more bettors are looking at it. As the basics of NFL online betting is the key for placing smart wagers, let’s take a look into the essentials, the types of bets and the strategies to get started.
NFL Betting Types
A variety of options to match every bettor’s different preferences is available in NFL online betting markets, with some of the most popular being the following:
- Moneyline Bets, the most simple and straightforward bet, which is about the team who will win the game outright, with any possible score.
- Point Spreads, which offers betting on whether a team will win or lose by a specific difference, for example, if a team is favored by -7.5 points, they must win by at least 8 points to cover the spread.
- Over/Under, better known as totals. This bet focuses on the total points scored by both teams combined, if it will go over or under a set number. The Under/Over bets are also available for a plethora of categories, either for team or player stats.
- Prop Bets, which are available in live betting and making a game even more interesting! Options like who will score the first touchdown or if a kicker will make a field goal longer than 50 yards can create value bets based on the game’s process.
NFL Betting Strategies
Information is the key for the bettors of NFL. To increase the chances of success, you should search properly, analyze the team’s stats, the recent performances, even the injury reports. As the importance of the games gets bigger, even the weather conditions can significantly affect the outcome. And the details are helping to “read” matchups and current trends to create value bets!