Football Odds Explained
In the world of sports betting, odds are the key to ensuring you make a winning wager. These odds are based on probabilities that are calculated by odds compliers using statistical data from a range of sources.
Point Spread Betting
The most common type of football betting is the point spread, also known as the moneyline. In this type of wager, a team with a minus (-) sign is considered a favorite to win and a team with a plus (+) sign is considered an underdog.
These are the most popular type of NFL odds and they look like this: -140 on the underdog, +140 on the favorite, 0 on the team that isn’t favored to win and -1 on the underdog. These bets are very popular, because they offer great value.
When there’s too much action on one side of a game, NFL betting sites will move the line to balance it out. Typically, they’ll do this for games that feature a large number of underdogs or favorites.
Proposition bets are a great way to add excitement to your sports betting experience. They allow you to wager on things such as the color Gatorade that will be dumped on the winning coach, the outfit choice of the halftime entertainment, and how many times the President will Tweet during a game.
In addition to betting on the traditional spread, totals and moneyline, there are also a wide range of prop bets available at online sportsbooks. These bets are usually settled later in the season and are related to season totals or results, such as division winners, season awards, and more. Sunday