Nfl Odds Explained

Nfl odds meaning

There are three common NFL betting lines: the side, total and moneyline. Side: The side refers to the point spread. While the odds can fluctuate, most sides are -110, meaning you have to bet $110. Compare NFL odds & betting lines Feb 05 to find the best Football moneyline, spread, and Over/Under totals odds from online sportsbooks. Point Spread Odds and Line Moves. After oddsmakers release the spread and odds for a slate of games, the betting market has a chance to weigh in. That can lead to shifts in both cases depending on market action. Let’s say a spread for an NFL game is released at 3.5 points. A flurry of public money comes in on one side of the coin. NFL Odds Explained For every NFL game there are odds that show how likely each team is to win the game. They are no different than any other type of statistical odds, but with sports betting the odds also correspond to how much you can win by betting each side.

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You’re clearly intrigued by the idea of sports betting, but maybe view it as a sort of foreign language. That’s okay! We were all rookies who had to ask questions at some point.

We’ll breakdown what moneyline bets are and walk you through everything you need to know about them.

The Moneyline Made Easy

You’ve already learned how to read and interpret the three types of odds you’ll encounter, so let’s move onto the elements of sporting events you can bet on.

When making a fundamental moneyline bet, you’re simply selecting the outright winner of a single game. This is the most straightforward bet you can make. There are no other contingencies.

When making a fundamental moneyline bet, you’re simply selecting the outright winner of a single game. This is the most straightforward bet you can make. There are no other contingencies. Here’s an example:

To place your bet, all you need to do is click on the moneyline number attached to the team you believe is going to win the game. If you think Anaheim will win, click on the +135. If you like Nashville, click on the -135.

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Breaking Down the Moneyline

The moneyline numbers next to each team are American odds which:

Betting Lines On Nfl Games

  • indicate each team’s implied probability
  • determine how much money you would win, based on your wager.

The team that has a “+” sign on next to its moneyline number is the underdog, while the team with “-” next to its moneyline number is seen by your sportsbook as the favorite.

In some cases, both teams will have “-” signs next to them. In this case, the team with the number farther from 0 should be regarded as the favorite (eg. -120 would be the favorite over -105).

Nfl Spread Betting Explained

The moneyline is a relatively easy concept to understand, once you get the hang of it.

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Why Are There Fractions or Decimals on the Moneyline?

This depends on the audience your sportsbook targets. The + and – signs you see are referred to as “American” odds. As such, American-facing books will almost always represent the moneyline in this format.

Oftentimes, sportsbooks outside of North America display the moneyline with either a decimal or fractional format. Rest assured, the moneyline always refers to betting on the winner of the game, no matter what.

Oftentimes, sportsbooks outside of North America display the moneyline with either a decimal or fractional format. Rest assured, the moneyline always refers to betting on the winner of the game, no matter what.

If you need a refresher on calculating all types of odds, be sure to check out our guide. This skill is essential to understanding the moneyline and giving you a return on wagers!

Why Is There No Moneyline Option Listed for a Particular Game?

Sportsbooks don’t always offer a moneyline option for a game. Sometimes, they will simply offer totals and spread bets.

Nfl Spreads Explained

For example, many sportsbooks only offer an option to bet on the NFL moneyline if the spread is between 3 and 10 points. If one team is a heavy favorite (and the spread is listed at 14 points or more), many sportsbooks will choose to offer only spread and totals bets. This is an industry-standard, in most cases. However, there are exceptions to this rule at select online sports betting sites.