Betting on the NFL is becoming more and more popular each season but with its growing popularity, many have jumped in without have the NFL betting odds explained to them. This is because it has come commonplace in the country to discuss betting lines on the NFL, but there are not many outlets that detail what these pundits, experts, and analysts are actually saying. No longer is Las Vegas the only place to make a wager, as over a dozen states have legal sports betting and there are also a handful of offshore betting sites that service the needs of NFL bettors.
Notable Betting Line Changes: The Chiefs have steady at the sportsbooks since opening as 10-point home chalk, but have seen their moneyline odds shorten to -530 since being pegged at -480 following. NFL Games Betting Guide Chiefs vs. Buccaneers Point Spread: Super Bowl 55 Odds, Prediction The Buccaneers will become the first team to play a Super Bowl in their home stadium as Tom Brady.
Betting lines have come to your home, right on your computer screen, and this page is here to explain NFL betting odds + wager types. From point spreads to over/unders, prop bets and more, we're going to cover the details behind these types of wagers. After reading this, you should feel comfortable walking into any sportsbooks (or logging into one) and laying your money on the line with confidence, knowing exactly what you are risking.
Bet On Super Bowl 55 Odds
Moneyline: Chiefs (-160) vs. Buccaneers (+140)
Spread: Chiefs -3
Total: 56 Points
When looking to bet on Super Bowl 55, there are plenty of places for bettors to lay action. Some of the top legal online Super Bowl sportsbooks are Bovada, BetOnline and MyBookie as they all offer tons of different Super Bowl betting lines and Super Bowl prop bets as well in addition to the regular game lines. As for how to bet on Super Bowl 55, bettors can take advantage of the game line and pick an outright winner on the moneyline, they can bet on the margin of victory with the spread or bet on the amount of points that will be scored with the point total. For those not looking to bet on the game line, there are player props as well such as how many yards either quarterback will throw or game props like betting on how many total field goals will be made.
Why NFL Betting Odds Exist
Betting odds for the NFL are formed for several aspects of the league. They are based on outcomes for games, the season, and more. Oddsmakers research and install betting lines for a variety of outcomes relating to the season. A bettor can then search to see what they would like to wager on, and then make the bet. If they win, they get the designated payout. If they lose, the sportsbook takes the bet.
NFL Point Spreads Explained
Betting on the point spread for an NFL game might be the most common wager one thinks of when betting on the NFL. The point spread is a bet made on a specific matchup, as a favorite (-) and an underdog (+) are determined. With a specific number of points set on the line., the team in the role of the favorite must win by the number of points they are associated with.
For the underdog, they must lose by less than their associated points – which is the same number as the favorite – or win the game outright. This is a concept designed to hypothetically even the playing field, as oddsmakers thoroughly research every aspect of the game before coming out with the game line.
Point spreads are not just for the entire game though. In fact, oddsmakers install quarter, half, and fulltime betting odds for NFL games. These betting lines work just as they would for betting against the spread for the whole game.
Betting the spread on the first or second half is a popular betting strategy of NFL bettors. These are just like betting on the normal spread, but it only covers one of the halves. The line in the second half allows bettors to make a wage after oddsmakers see the first half of play.
NFL Moneyline Betting Odds Explained - Straight Up Betting Lines To Win
Betting on the NFL moneyline is quite easy, as it is the simplest form of wagering. For moneyline wagers, all you must do is select who will win the game. Point spreads, the number of points scored, and every other factor has no merit on the moneyline. This simplicity is often why it is called straight-up betting, as it only requires picking the winner. To keep things balanced, sportsbooks will offer odds on every NFL game, where the favorites (-) and underdogs (+) are represented by their moneyline betting odds. When betting on a favorite, you must lay more than what you would profit, while taking the risk on the underdog comes with a higher payout than what you wagered.
Article: Moneyline Betting Odds Explained
NFL Over / Under Bets Explained - Total # Statistical Wagers
Another straightforward way to bet on the NFL is through point totals or over/under bets. These can be broken down by each team, but the numbers you often here on sports betting shows and news is the combination of both teams. Often, these point totals are the most common style of wagering, as bettors can gain insight on certain team’s scoring abilities, defensive prowess, and offensive tempo. Payouts are typically right around 'Even' money (minus the juice) because there are just two choices... over or under.
Article: Over / Under Betting Odds Explained
Weekly Game + NFL Team Proposition Wagering
Outside of game lines, oddsmakers form what are called proposition betting odds. These are other types of betting lines formed that are not betting on the outcome of the game specifically. In fact, NFL team prop betting lines can range in nature quite a bit. For example, in an NFL matchup, a team prop line might be formed asking which team will score 10 points first. The wager would be made on one of the two teams and whoever reaches this mark first dictates the winner of the prop bet. After the proposition is met, the wager is done and the rest of the game does not matter. Other examples include how many total sacks both teams will tally, what the longest field goal of the game will be, and so on. Team Prop odds are a fun way for bettors to place wagers on outcomes outside of the game lines.
Understanding How NFL Player Proposition Wagers Work
NFL player prop lines are another type of proposition betting line. And just like team props, these do not directly relate to the outcome of an NFL matchup. They can have an effect, but that is not what you are wagering on. A player prop NFL line is typically performance-based. For example, the total passing yardage for a quarterback, or the number of touchdowns a running back will have in a game, are two examples. A betting line would be set with an installed number, and the wager would be made according to the guidelines of the bet. NFL player props can be a lot of fun, with tons of them formed for the different games each week.
Understanding NFL Live Betting Odds
One of the newer types of betting onto the scene in NFL betting is Live Betting. Live Betting has become one of the more popular aspects, with the technology that online sportsbooks possess. Live Betting on the NFL can be done from your own computer, mobile device, or in-person at a sportsbook that offers it. In short, instead of placing your bet at the beginning of the game and awaiting the outcome, live betting allows you to place action on a game at any moment during that game. Odds, spreads, and point totals are all available but will constantly be changing as each second of the clock influences the betting lines. Live wagering on the NFL is the most interactive form of betting yet and can be very exciting. In this style, being informed and confident are requirements as getting in at the right time is half the battle.
Betting Odds For The Super Bowl + Online Wagering Guide
Super Bowl betting odds for the upcoming or current NFL season are up almost year-round at online sportsbooks. In fact, almost the day after the Super Bowl from the previous year is completed, oddsmakers form odds to win the next season's Super Bowl. And these odds remain up through offseason, preseason, and the regular season up until the Super Bowl matchup is known.
The different ways to bet on Super Bowl odds can be very simple or they can be slightly more involved. It's not always just betting on the team that you think will win the Super Bowl. No, no sir! There is much more to take in and even the odds to win the Super Bowl can change drastically from week to week.
Get More Help:Super Bowl Odds Explained
NFL Wager Types
There are several different types of NFL bets that can be made on a game. Oddsmakers form game lines, but the type of bet you choose to make is up to you. There is the straight bet which is your basic bet on a game or prop. But then there are bets that link multiple games together like a parlay or and if bet. There are also bets that can switch up the betting lines like a teaser or a pleaser. Get more help learning about those here:
Parlays Teasers If-Bets Pleasers Straight Wagering
Bovada Sportsbook - Top SportsBook For NFL Games
With the games just now starting and the season just now beginning, the NFL is one of the most exciting sports that players look to watch and love to bet on. This is why all players on SportsBetting are cashing big on their accounts. The point spread and betting odds on NFL games are huge and shown to be very profitable. The banking methods here are also easy for players to deal with and makes it simple for them to transfer money on to their account and get them ready for NFL games.
Prop bets and point spreads stick out on SportsBetting as a few of the top betting options there for players as they get ready to make money. The NFL Season is so long so there is money that can be won a lot throughout the season and also throughout the game using the live betting option. SportsBetting is known to have a lot of sports to wager on but when it comes to NFL games, players' eyes get big and wallets get bigger as well.
BetOnline Sportsbook - NFL Games At The Top For BetOnline Players
Take the first step and sign up for BetOnline as you will not regret it! The NFL season is just now getting started so this is the best time for players to have their account created and be able to join in on the fun of making a lot of money. The betting odds are the best here on BetOnline as you will find great point spreads, and moneylines all the time with different games.
Prop bets and mobile betting features are here as well and players love to use these betting options. The money that can be one is huge and all players have to be is 18 and older to sign up for an account with BetOnline. When players see the point spread here and also the Moneyline, they are very excited because of how much money they can see themselves winning. BetOnline has it all and this is where all players come to play and win huge!
MyBookie Sportsbook - NFL Fans Love MyBookie
When it comes to placing bets on the most exciting sport out there, MyBookie is the answer for most players. This online sportsbook has all the things that players look for an that is especially for NFL games. Fans have their favorite teams and most of the time there are a lot of prop bets for each game so this means that fans will stay happy with betting options here for players. This is just where the knowledge that they can spend money and have a chance to make more money while they watch their favorite team.
The live betting option is one that players do not need to look over. There always NFL games going on and these games turn once the second half starts. This is what makes games so exciting. Players can start off cold and get hot the next half and if a player puts the right bet down on them, the money will easily flow their way. MyBookie Sportsbook is known to many players as one of the better sportsbooks and the NFL games that they offer makes it even better!
Where Should I Bet On NFL Online? Who Can I Trust?
Sportsbooks | USA? | |
$1,000 Max - 50% Bonus | All 50 States | Go To BetOnline |
$250 Max - 50% Match | 46 States | Go To Bovada |
$1,000 Max - 50% Bonus | All 50 States | Go To MyBookie |
100% to $300 | All 50 States | Go To Xbet |
$1,000 Max - 50% Bonus | All 50 States | Go To Sportsbetting |
The Kansas City Chiefs wil meet the Tampa Bay Buccaneers in Super Bowl 55 from Raymond James Stadium in Tampa, Florida on Feb. 7, 2021.
The Chiefs opened as -3.5 betting favorites while the Buccaneers are 3.5 underdogs.
After early wagers came in, most operators are holding Kansas City -3 (-120).
If you were to wager on Kansas City -3, you would have to lay 5/6 odds (Bet $120 to win $100) instead of your normal 10/11 juice (Bet $110 to win $100).
The return on Tampa Bay would be even-money (1/1) and a $100 wager would return $100.
The total or over-under on Super Bowl 55 is hovering between 56 and 57 points.
The point-spread was developed to provide a balance for both teams involved in a contest to entice bettors to potentially back the weaker team and receive points. The two squads in a game are listed with a title, either a favorite or an underdog. The favorite is usually the perceived better team in the game, as backing them means giving up several points.
The favorite is always listed with a minus (-) sign before the point-spread while the underdog is labeled with a plus (+) label.
On the VegasInsider.com odds page, there is another number associated with the favorite and its listed as -10. This number is simply defined as “vig” or what many in the sports betting industry call vigorish. Another common term is called “juice” and it’s technically the price the bettor has to pay on a straight wager.
It's not uncommon to see other values posted other than -10. Examples seen on the NFL Vegas Odds pages could include -08, -12, -15 and -20. The -10 price is the most common value in the industry while many books offer reduced 'juice odds' and that would fall into the -08 category.
The lower-juice sportsbooks are normally found outside of the state Nevada. If you are in a state where sports betting is legal, please check out our online sportsbook directory to find the best and most secure places to make NFL bets.
Another number that’s posted on the NFL Las Vegas is the total or ‘over/under’ for the specific matchup. If the favorite is designated as the home team, then the total will be listed above and vice versa if the visitors are favorites.
All of the above numbers are listed next to the teams, and before each matchup is a Rotation number. The NFL Las Vegas Odds are listed in order of rotation and those numbers are generated and produced by the sportsbooks. Above each matchup and rotation is the Time of the game, which is subject to change. All game times are Eastern Standard Time.
One of the best features on the NFL Vegas Odds is the Open Line. This numbers consists of the first betting line received from one of our Las Vegas or Global Sportsbooks. The opening line varies depending on the sportsbook but it provides a clear-cut rating that the oddsmakers use. If you’re betting on the NFL or any other sport, it’s a great idea to view the open line first.
The VegasInsider.com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The Consensus column could be called a “Median Line” since it shows the most consistent number provided by the sportsbooks on VegasInsider.com. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.
We know that you can bet on the Super Bowl and all of NFL Futures or bet on the NFL Draft at any time of the year, but what’s the process? The future wager or the “Odds to Win” bet on the Super Bowl is correctly selecting a team to win an event that takes place at a later time. A bettor will have his wagered money tied up until there is an outcome and bettors will receive fixed odds when they place the wager. In the case of the Super Bowl, you’re not a winner or loser until you see zeros on the clock in the final game.
Most sportsbooks offer different ways to read to Super Bowl Odds. In the fractional NFL Futures Odds format below, you simply take the odds and multiply by the amount wagered.
The Packers are listed as an 8/1 betting choice to win the Super Bowl. If you wager $100 on Green Bay to win the NFC and they capture the championship, then you would win $800 (8 ÷ 1 x 100). Your online betting account would then credit your account $900, which includes your win and stake ($100).
The American Format would see Green Bay listed at +800 and for the Decimal Format, the Packers would be 9.00.
If you are in a state where online betting is legal, we encourage you to check out our sportsbook directory to find the most trustworthy and reputable sites and mobile apps to place your Super Bowl bets.