NFL Bet Types

The NFL Betting is by far one of the most popular type of bet that happen in the United States. The action is very hot during the moments when the season is on and you will get the opportunity to find tons of games on which you can place your bets. However before you can start betting it’s always best that you are very familiar with all the types of bets that you have available. Before you jump right in and start placing bets you need to know exactly what has to happen in order to win the bet and how much money you are able to win.

At this moment there are several NFL bet types available. Some of these bets will hold a small risk while at the same time the payouts are going to be low, but at the same time there are also high risk bets with high payouts. As a beginner we suggest that you start out with the small risk and move on to the more complex bets only once you are very familiar with the rules and of course with the bets that you have available.

Totals (Over / Under) Bets

These bets are totally different than the spread or money lines. Understanding how this bet works is very simple and all you have to do is to bet on the total number of points that are going to be scored by both teams during the game. This bet can be a lot of fun and winning it is not a very difficult task. For example if the line is set at 49.5, the two teams must score at least 50 points in order to be declared a winning bettor, if you have placed an “over” bet of course. There are a few factors that must be taken into consideration when placing such a bet, but once you get the hang of it, you can start cashing in some nice sums of money.

Money Lines Bets

The Money Lines are yet another NFL football bet that is considered to be perfect for beginners. Understanding how these bets work is simple and you basically only need to tell which team is going to win the game. Based on different factors, the online bookmakers will come up with different money lines and this means that you get to receive different amounts of money in case you win.

Spread Bets

The point spread bets are by far one of the most common type of bet that is available for football. This bet is also known as sides or straight bets. One of the reason why this bet is so popular is because the risk involved is very low. The concept behind the spread betting is very simple. The bookmakers will bring a number of points that a team is favored by. This way in order to win a bet made on the favored team, they must win by more than the amount that was set by the bookmaker and this way it will cover the spread. The same principle applies to the underdog, except for the fact that they must lose by less the spread point amount.

Future Bets

The future bets are usually some more complex bets since you need to wager your money on an event that is going to happen in the future and here we mean after a few months from the moment when you have made the bet. Most of the time the future bets are made out for the professional bettors. This type of bet involves a higher risk, but at the same time the payouts are also going to be quite good. The future bets are usually going to offer you the ability to pick the winner of the Superbowl, Probowl, AFC or NFC Championship.

Prop Bets

These bets are excellent for those that are looking to have a good time, unless you are a very sharp bettor that is able to cash out on these bets. It’s going to be rather tough to make sure that you win something out of the proposition bets.

Parlay Bets

The parlay bets are able to offer you a quite interesting concept. These bets are able to bring you a lot of money if they are placed correctly. The catch is that here you have to make a series of bets and all of them must be correct. Even if one of them doesn’t turn out to be true, the parlay is lost. However there is a special type of parlay bet which is called the progressive parlay where even if you have some parlays that are not correct you still get to win, but a reduced amount of cash, compared to the amount if everything is right.