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How do NFL Point Spreads Work ?
In the National Football League (NFL), the point spread is a number set by oddsmakers that handicaps one team and favors another when two teams play each other. The point spread is intended to create a more balanced betting field, as oddsmakers will set a point spread that they believe will encourage equal betting on both sides.
For example, if the New England Patriots are playing the Kansas City Chiefs, the oddsmakers might set a point spread of -3 for the Patriots. This means that if you bet on the Patriots, they must win by more than 3 points for you to win your bet. If you bet on the Chiefs, they must either win the game outright or lose by fewer than 3 points for you to win your bet.
If the final score is Patriots 27, Chiefs 24, then anyone who bet on the Chiefs would win their bet because the Chiefs lost by fewer than the 3 point spread. If the final score is Patriots 34, Chiefs 20, then anyone who bet on the Patriots would win their bet because the Patriots won by more than the 3 point spread.
How to Read NFL Odds ? How Do NFL Odds Work ?
In the National Football League (NFL), odds are a numerical expression that represents the probability of an event occurring, such as a team winning a game. Odds can be expressed in a variety of ways, but the most common forms are fractional odds, decimal odds, and moneyline odds.
Fractional odds are typically used in the UK and Ireland and are written as a ratio of the potential payout to the stake. For example, if the fractional odds for a team are 6/1, it means that for every £1 you stake, you would win £6 if the team wins.
Decimal odds are commonly used in continental Europe and are written as a decimal number. For example, if the decimal odds for a team are 7.00, it means that for every €1 you stake, you would win €7 if the team wins.
What is the Moneyline in NFL Betting ?
Moneyline odds, also known as American odds, are used in the United States and are written as a positive or negative number. A positive number indicates the amount of profit you would earn for every $100 you stake, while a negative number indicates the amount you need to stake to earn a $100 profit. For example, if the moneyline odds for a team are +200, it means that for every $100 you stake, you would win $200 if the team wins. If the moneyline odds for a team are -200, it means that you need to stake $200 to win $100 if the team wins.
How does Over Under work in NFL ?
The “totals” or “over/under” refers to the combined final score of a game. For example, if the totals line for a game is set at 45, bettors can place a wager on whether the final score of the game will be over or under 45 points. If the final score of the game is 30-14 (44 points), then the bet on the under would win, while the bet on the over would lose.
If you place a bet on the over, you are betting that the combined final score of the game will be more than the set total. If you place a bet on the under, you are betting that the combined final score will be less than the set total. If the final score is exactly equal to the set total, then the bet is considered a push and your original wager is returned to you.
Totals bets can be placed on the entire game, or on just a specific half or quarter of the game. For example, you could place a bet on whether the first half of the game will have more or less than 22.5 points scored.
NFL 1st Half and 2nd Half Betting
you can place bets on the first half and second half of a game separately. These bets are similar to traditional “totals” or “over/under” bets, but they only apply to one half of the game.
For example, you might see a line for the first half of a game that looks like this:
First Half Totals: Over 10.5 (-110) Under 10.5 (-110)
In this case, you can place a bet on whether the combined score of both teams in the first half of the game will be over or under 10.5 points. The minus sign (-) indicates the favorite, while the plus sign (+) indicates the underdog. In this case, both the over and under are listed at -110, which means that you would have to wager $110 to win $100.
You can also place bets on individual quarters of a game. For example, you might see a line for the first quarter that looks like this:
First Quarter Totals: Over 2.5 (-110) Under 2.5 (-110)
In this case, you can place a bet on whether the combined score of both teams in the first quarter of the game will be over or under 2.5 points.