NFL Vegas Odds
|
|
|
|
|
|
|
---|
Picks & Predictions
How Does Betting on NFL Games Work?
Betting on the NFL can be extremely complex because there are so many options available to the bettor. Having this many options is always a good thing, as it gives you more chances to win, provided you know how to bet on NFL.
NFL betting can be done either in person or through an online sportsbook, depending on where you plan to do your betting. Each year, more and more NFL betting options become available in the United States.
There are several great NFL betting options, and this is another area that seems to grow each year. There are three very common NFL betting options available, but there are some unique ways to bet on the league as well.
Where Can I Bet On NFL Games Legally?
As long as you live in a state that offers sports betting, NFL is available to be bet on legally. Nevada used to be one of the only places to bet on the NFL in the United States, but that has now changed.
For those wondering how to legally bet on NFL games, provided you live in a state that has legal sports betting you will be able to place a bet on any NFL game of your choosing. For those that want to know where to bet on NFL games, you’ll be happy to learn that you don’t have to necessarily live in the state you bet within, as long as you are physically inside of that state.
Most states offer both retail and online sports betting, which means you can place a bet on an NFL game from your mobile device. Traveling to a retail sportsbook is another good option unless you are in a state that has online-only betting.
Before you look to place a bet on an NFL game, be sure to check out the rules and regulations for that state to ensure that you are set to make a legal wager. Only regulated sportsbooks in the United States can offer legal NFL betting.
How to Bet on NFL Games Online Legally
Retail sportsbooks in Las Vegas were once the most popular destination to bet on the NFL, but that has changed since 2019. Now, online NFL betting has become extremely popular, as long as you live in or can travel to a state with this option.
Ever wondered “Where can I bet on NFL games online”? Well, you can now bet on NFL games online using online sportsbooks such as BetMGM, FanDuel and DraftKings which now offer online sports betting and tend to focus on the NFL. These NFL betting sites have been able to obtain an online sports betting license in several states to ensure that they can offer legal betting.
If you do not reside in a state where sports betting has been legalized, your options are limited to offshore sportsbooks like these which can be accessed through a computer or a mobile sportsbook app from non-regulated states only. The apps have come a long way over the last few years, and they mirror the online site.
If your state has online sports betting, then any of the regulated online sportsbooks mentioned above that have a license are legal options. You can be confident that your personal information and banking processes will be safe and secure with these sites.
How to Bet on NFL Games (In Person)
If you are someone that is looking to bet on NFL games in person, then you should have a number of great options available to you. Even though online sports betting has become extremely popular, retail sportsbooks are still available, depending on where you live.
These retail sportsbooks will require you to create a sports betting account, but then you will be able to wager on all of the NFL games in person. Most locations will have an actual teller there for you to place bets, or you can make your bets using a kiosk.
Retail sports betting provides a great experience as well, and these sportsbooks are a great place to watch the NFL action unfold each week.
How to Bet On NFL This Week
The NFL features a 17-week regular season, followed by four playoff rounds. Each week provides at least 14 to 16 different matchups, with a number of betting opportunities available for each game.
The NFL betting lines are usually available on Monday each week, giving you plenty of time to prepare for the next week’s slate of games. You can also take advantage of live betting options during NFL Sundays or any other day that NFL games are played.
If you want to know “what are the betting lines for the NFL”, check out the NFL betting lines page.
How to Bet on NFL Spreads
NFL spread betting is one of the most common bets that is both offered and made. Betting against the spread can be a bit confusing at times because you are not simply betting on which team will win that game.
To better explain NFL spread betting, we will use an example featuring the Las Vegas Raiders and the Kansas City Chiefs.
Team | Spread |
---|---|
-6.5 | |
+6.5 |
In this situation, the Las Vegas Raiders would need to win the game by at least seven points for a bet on them to be a successful wager. The Kansas City Chiefs would need to lose by just six points or less to make them the right pick amongst Las Vegas NFL spreads.
Tip: When checking for Vegas spreads, NFL headlines can change the game so before you bet on the Vegas point spread, NFL news is a vital study especially when it comes to your team of choice.
What Is a Money Line Bet in NFL?
A moneyline bet in the NFL is one of the easiest betting types to understand. With a moneyline bet, you are simply making a bet on which team will win that particular game.
Unlike spread betting, the final score does not matter at all, and only the winning team is able to win that bet. Betting on a favorite in a matchup will yield a much smaller payout than betting on an underdog that is able to come out on top.
Here is an example of what an NFL moneyline bet looks like:
Team | Moneyline |
---|---|
-125 | |
+135 |
In this bet, the Raiders are the favorites, and the Kansas City Chiefs are the underdogs. The favorite will always have a (-) in front of their line, while the underdog will have a (+).
This means that a $125 bet on the Raiders would equal a payout of $100. Meanwhile, a $100 bet on the Kansas City Chiefs would equal a payout of $135.
How Do NFL Betting Lines Work?
NFL betting lines are very similar to other betting markets, except that there are usually more options available. These betting lines are set by the sportsbook or bookmaker, and then they are posted for the bettors.
NFL betting lines will be offered several days before the games begin each week, but these lines will also change often. Sportsbooks will adjust the betting lines based on the action that is coming in for each game.
Each betting type offers different betting lines, and it is important to know and understand what each bet means to help understand the betting lines. Always remember that sportsbooks adjust the lines to meet their needs, and they can manipulate these lines however they want to.
How Often is Vegas Right on NFL Games?
Vegas is typically where the NFL betting lines come from, although each sportsbook will set their own lines and odds. It’s hard to give an exact percentage when discussing how right Vegas usually is on NFL games, but it is well above 60 percent.
There is a reason that sportsbooks continue to grow in Las Vegas and other parts of the world, and that’s because they continue to make money. Betting on the NFL is actually one of the easier markets for sports bettors, but Vegas and other sportsbooks are still winners a majority of the time.
The Super Bowl each year is the biggest sporting event for sportsbooks, and Vegas typically does extremely well with this event. Even if Vegas and other sportsbooks suffer a loss in the Super Bowl, they are usually able to make up for it during the regular season.
How to Bet NFL ‘Over Under’
An NFL over under bet is a bit different than the two options previously mentioned as you are not betting on the winner of a certain game. Instead, an over/under bet focuses on the total number of points scored in the NFL game.
Here is an example of what this might look like:
Las Vegas Raiders at Los Angeles Chargers:
- Over 56.5 -110
- Under 56.5 -110
With an over/under bet, you get to choose whether the teams will combine for over 56.5 points or under that betting line. The odds are typically the same for both sides of an over/under bet, and are generally listed at -110.
How to bet on NFL Parlay
An NFL parlay bet is just a combination of singular bets into one much larger wager. Parlay bets are generally 3+ legs each, and each sportsbook will usually set a limit as to how many legs you can add.
The value of making a parlay wager is that the reward can be much higher with each leg that you add. Of course, you are also adding more risk with each leg, as all of the bets must hit for you to win the parlay.
How to Bet NFL Win Totals
Betting NFL win totals is a form of futures betting, and is typically done before the season begins. Each sportsbook will set an over/under for wins by each team during the upcoming season, giving bettors a chance to make a bet.
An NFL win total could look like this:
Las Vegas Raiders:
- Over 8.5 Wins +110
- Under 8.5 Wins -125
How to Make Money Betting on NFL Games
Learning how to make money betting NFL games require a lot of patience, and it also requires a lot of research. Simply watching the games each week is a good start, but you must treat this as more of a job rather than a hobby if you truly want to be successful.
Before you even begin betting on the NFL, you need to understand that you are likely going to lose a lot along the way. You can be successful, but it will require a solid plan that you must stick with throughout the NFL season.
You need to do as much research as possible when betting on NFL games and also look for value in the NFL betting lines. Always bet with your mind instead of your heart, and betting on your favorite NFL team is highly discouraged.
What NFL Team Is In Las Vegas?
Las Vegas has never been home to an NFL team but the Las Vegas Raiders (sometimes known as Vegas’ NFL team) moved to Nevada from Oakland prior to the 2020 NFL season, and they play their home games in the brand-new Allegiant Stadium. Outside of the NFL, the Vegas Golden Knights are the only other professional team to call the city home.
The Las Vegas Raiders finished the 2020 NFL regular season with a record of 8-8 to finish in second place in the AFC West. The Raiders began play in 1960 and have called a number of different cities home throughout the years.
Las Vegas NFL Stadium
Allegiant Stadium is the new home of the Las Vegas Raiders, and it was a $1.9 billion project that was completed before the start of the 2020 NFL season. Due to COVID-19 restrictions, fans were not allowed in attendance during the 2020 season, and an official opening ceremony is planned for 2021.
Allegiant Stadium is located adjacent to the Las Vegas strip and will also be a premium entertainment venue in the state of Nevada. It is a fully-enclosed stadium that can seat up to 65,000 NFL fans.
Resources / Further Reading
FAQ
Betting on the NFL is allowed in the United States, as long as you are in a state that has legalized sports betting. Since 2018, more than 20 states have legalized sports betting, and a number of other states are set to do the same in 2021.
Betting on college football is also allowed, although there are some states that place restrictions on collegiate sporting events. It is best to check into the regulations for the state where you plan to bet before making an NCAA wager.
Spread betting is one of the most popular betting types when it comes to betting on the NFL. This will commonly be referred to as “betting against the spread.”
A spread is the difference in the final score, and this means that you can actually bet on the losing team as long as they are able to cover the spread.
A moneyline bet simply means that you are making a bet on which team will win the particular football game. As long as the team that you bet on wins the game in either regulation or overtime, then you are a winner.
Yes, handicap betting includes overtime, unless you have selected the “handicap draw” option. In this case, you would be rewarded for the game ending in a tie during the regulation period.
Americans bet billions each year on the NFL, which means that millions are bet each week. The number continues to grow as more and more states legalize sports betting.
Yes, as long as you are in a state that has legalized and launched online sports betting. Bets can legally be placed online at a regulated sportsbook that holds a sports betting license in that state.
NFL players cannot bet on NFL games, and they are also prohibited from placing a bet on other professional sporting events.
This answer depends on the type of bet that you are making. Moneyline, spreads, and total bets all include overtime, but there are some betting options that end at the end of regulation. Be sure to check into each bet so that you know the complete rules before making a wager.