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Sportsbook Review - Beginner's Guide To NFL Betting

Few points to keep you from throwing your hard-earned cash away when betting.

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Fall is upon us, and with it, pro football season. Some people just want to watch the game, but others want to get some of their own skin in the game with a wager or two. For those of you who are just starting out, here's a quick guide on how it all works, as well as a few points to keep you from throwing your hard-earned cash away.

Moneyline bet

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This is the simplest type of bet, because you’re betting on who wins and who loses.

The term “moneyline” can also just mean the odds in general. A “+” value means the team is expected to lose, and you’ll win more, while a “-” means the team is favored to win, and you’ll win less.

giphy.com / Via giphy.com

If you’re betting on the favorite, the number represents how much money you would have to bet in order to win $100. So odds of -200 would mean that if you bet $200 and won, you would win $100. Make sense?

giphy.com / Via Giphy.com

A spread bet means you are betting not only on who wins, but on how much they’ll win by. If a spread favors one team to win by 7 points, their spread would be -7 while the underdogs’ spread would be +7. If you bet on the favorite, then they would not only have to win, but win by more than 7 points.

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A low-scoring game usually will have around 30-35 points, while a shootout will be closer to 50-55.

The Total will be set by the sportsbook, and you bet whether the combined score will be higher or lower than that number.

i.imgur.com / Via i.imgur.com

A parlay bet combines bets on several games. To win, you have to win all of your bets. Because they require all of the teams you picked to win, they don’t pay out that often, but if you win, the payout is much larger.

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