![]() The juice is usually set around -110 but it’s not common for the over and the under to have two different lines attached based on the bets being taken by the sportsbook. Similar to spreads, totals are the same for both teams. At -110, both sides would be risking $110 to win $100 in profit. An example would look like this:Ī bet on the over would require 55 combined points or more, while the under hits if there are 54 combined points or fewer. Nearly all NFL totals will be in the 40s or 50s for a regular-season game, with the exact number depending on a range of factors including the two teams. These are bets on whether the combined score of the game will go over or under an amount of points set by oddsmakers. Totals (Over-Under)īetting on totals, widely known as over-unders, is self-explanatory. A matchup will occasionally have a “Pick ‘Em” line (listed as PK) with no spread, which indicates it’s an even game, but this is the exception and not the rule. The juice on spread bets generally starts around -110 but will range from -125 to +100, depending on the odds and the sportsbook. Homefield advantage is expected to be worth about three points, and consensus favorites are usually between -6 and -7.5. If the spread is a whole number and the favorite wins by that exact number of points, the wager is graded a push and it will be void.įor the most part, oddsmakers set NFL spreads at or around key numbers such as 3, 6, and 7 points. Betting on Seattle +3.5 (-105) means risking $105 to win $100 and winning the bet even if the Seahawks lose by three or less. Underdogs are offered some margin for error and can lose by fewer points than the spread and still ‘cover’ the number and win your wager. So a wager on the Rams at -3.5 (-115) requires a victory of at least four points and a risk for $115 for every $100 in profit. The favorite must win by more than the point spread indicates to cash your ticket. Most football teams aren’t created equal (as evidenced by the moneyline), so attaching a point spread is how oddsmakers even out the game from a betting perspective.Ī matchup will occasionally have a “Pick ‘Em” line (listed as PK) with no spread, which indicates it’s an even game, but this is the exception and not the rule. ![]() Point SpreadĮvery NFL game on the schedule has a point spread, which is essentially a figure set by oddsmakers as a potential winning margin for the favorite, and losing margin for the underdog. If the team covers but doesn’t win, there’s still a profit to be made. Underdog bettors can eliminate some of the risk by betting against the spread and sprinkling a smaller amount on the moneyline. This way, you aren’t laying the massive amount of juice that will come with a huge favorite, and you can avoid the “bad beat” if that team wins but doesn’t cover the spread. If betting favorites, it’s best to focus on moneylines in games where there is a close spread. For a $20 bet, you can win $35 in profit. At +175, a $100 wager on the Bears could win $175 in profit. If you’re betting a smaller amount, that’s a $21 risk to win $10. The Packers are the favorite at -210, so the bettor would have to lay out $210 to win $100. Doing the math based on the number 100 and adjusting for your exact wager amount is the easiest way to calculate potential wins and losses. With underdogs, the moneyline represents what you can win with a $100 bet. ![]() Because favorites are the team labeled by oddsmakers as more likely to win, bettors must risk more if selecting them. An example of an NFL moneyline would look like the following:įor favorites, the moneyline is the amount you must risk for every $100 in profit. Moneyline wagers are straightforward, so they’re common among novice bettors.įavorites can be identified by the negative line, while underdogs have a positive moneyline. The margin of victory doesn’t matter, all that needs to happen is your selection wins the game. Betting the moneyline is as simple as picking the winner of a game.
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