How to legally bet on the National Football League (NFL).
American Football or also known as National Football League (NFL) is one of the most popular sports in the United States, consisting of 32 teams challenging each other to get to the biggest event in sports history: The Super Bowl.
These teams compete during a regular season of 18 weeks to become one of the six best teams per conference to qualify to the playoffs. During the playoffs they face an elimination bracket all the way to the final match in the Super Bowl event.
The Super Bowl event is the most watched sporting event in sports history which is being watched by approximately 112 million viewers each year. NFL has gained in popularity for two major reasons, first The halftime show which has featured famous artists like Beyoncé, Prince, Michael Jackson, Katy Perry, The Rolling Stones and many more. In 2022, the halftime show was provided by, among others, Dr. Dre, Snoop Dogg and Eminem. And the second reason is the commercials during the game. These commercials have become so popular that companies pay up to 6.5 million dollars for a 30 second ad. Big companies like Amazon, Google, Toyota, General Motors, Budweiser, Doritos, Uber, Apple and many more have all been part of this amazing experience.
This is the biggest stage for companies to show their creativity in advertisement.
How to bet on the NFL.
When betting on the NFL games, there are three main ways to bet: the moneyline, total points and handicap or spread markets. Nowadays you can also create parlays or a bet builder.
The Moneyline bet. This is a straightforward bet on the winner of the game.
The Total Points bet. This means you are betting whether the game will go over or under a certain amount of points that have been set by the book makers.
The Handicap or Point Spread bet. This means that one team should win by a certain amount of points, which is known as plus “X” points. It is also possible for the other team to lose by the same amount of points, which is known as minus “X” points. This handicap or point spread is created by the book makers to give a point advantage so that both teams are close to even money.
Handicap or Point Spread betting is the most common bet in the NFL and is where the most action takes place. The most common reason bettors choose the point spread is because you get a better payout than moneyline. Another reason this is a good bet is because the spread is decided by the book makers and this is based on an opinion and mistakes can be made, and this is where you can take advantage and make money.
What are other popular NFL betting types?
NFL Futures
An NFL Futures bet is made on events that will happen at the end of the NFL Season. One of the most popular NFL Futures bets is Which team will win the Super Bowl, but the markets are not just limited to which teams can win the Super Bowl but there are several other betting options available. Here are some of the most popular future bets you can place before and throughout the regular season:
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Odds to win the NFC South Division
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Odds to win the AFC
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Odds to win the NFC
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NFL Regular-Season MVP
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NFL Defensive Player of the Year
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NFL Regular-Season Win Totals
The hard part on these bets is they can sometimes take weeks and even months for the winner to be determined but the odds are typically inflated so if you win your futures bet, the payoff is usually worth the wait.
Parlays
A parlay bet is when you make multiple picks and bundle them together in one single ticket. Whether you are using the picks like moneyline, spread or total bets. The idea is to add more than one pick on a ticket in order to increase the amount of payout for the ticket.
Let’s use the three examples above from the common NFL bets to determine the payout and what you could win if all three bets were successful:
Saints -7 vs Falcons (-110)
Patriots Moneyline vs Jets (-160)
Cowboys-Giants UNDER 48.5 (-110)
The calculated odds for this parlay based on Odds Shark’s odds calculator are +492. If you bet $100 on this parlay and all three bets win, you would get a payout of $592, which is $492 in profit and your original $100 back.
Bet Builder
Bet Builder works similarly than creating a parlay, you need to combine a series of interconnected bets on one sporting event into a single bigger wager. Bet builder will enhance your odds and therefore create a higher potential profits.
You can also choose two events to occur within the same game for a correlated parlay. For instance, you can take the Cincinnati Bengals to cover the spread at +10 (-110) against the Cleveland Browns and add an UNDER 41.5 (-110) bet for that game too. The odds for this parlay are +265 and if both are successful, you would receive a payout of $365, which is $265 in profit and your original $100 back.
Player Props
In addition to team performance, you can also bet on individual performance within the NFL. These are also known as Player Props. For example, you can bet on whether the starting quarterback throws more or fewer yards than the line indicates. You can also bet which player will score a Touchdown in the match or how many catches your player will make. With these types of bets you are therefore less dependent on the entire team, but mainly dependent on the player on which you have placed your bet.
Teasers
NFL Teaser bets are a way of adjusting point spreads to be more in the bettors favor. Like creating a parlay, you would need all your bets to hit to win your ticket; However, you get to adjust the preset spread or total lines from the book makers to lower your risk level. Teasers usually start when you adjust the spread by 6 points or sometimes even as high as 15 points. The key is that you lower your risk by adjusting the spread that was set by the book makers, but at the same also decreasing the regular payout. The lower the risk, lower the payout.
Live Betting
Live betting has the enormous advantage that you can adjust your prediction in response to the course of the match. A player like Tom Brady can also have a bad day. That has a huge influence on the level of the Buccaneers. With pre-match betting you are the leapfrog, with live betting you can still place your bet knowing that Brady is out of shape.
Who won the Super Bowl in 2022?
The Los Angeles Rams won the 56th edition of the Super Bowl in their own stadium. The American football club of 74-year-old multi-billionaire Stan Kroenke was 23-20 too strong for the Cincinnati Bengals in a true thriller. The Rams played their fifth Super Bowl and also went on to win the NFL title in 2000. At that time, the team still had St. Louis as its home base. Los Angeles is only the second team after Tampa Bay last year to win the Super Bowl at home.
What is outright betting for the Super Bowl?
The most important bet you can place is outright on the new NFL champion. Especially before the season starts, this bet is very interesting because the bookmakers also have to guess at that time how the balance of power between the different teams will be. To make sure they don't completely go under the ship, the bookmakers have included a margin of safety in their odds. The outright for the hottest favorite to win the Super Bowl is usually at odds of around 7.00 or 8.00 before the start of the season. Those are odds that you will not easily find with outrights in the Eredivisie, Bundesliga or Premier League.
However, outright betting goes much further than predicting which team will eventually take home the Vince Lombardi Trophy. You can predict and bet on which team will win the NFC final, which team will win the AFC final and which teams will finish in first place in the eight different divisions.
You can also bet outright on which player will be chosen as MVP (Most Valuable Player) of the regular season, which quarterback throws the most passing yards, but also which player receives the most passing yards and who runs with the ball the most (running yards). ). You can also bet on who will be named defensive player of the year.
You can also predict how each of the 32 teams in the NFL will perform in the season. You can bet on whethr or not a team will reach the playoffs, as well as whether a team will finish first, second, third or fourth in their division. With Under/Over betting you can predict how many games a team will win in the regular season.
As you have read, outright betting has many possibilities. If you have a little insight into American Football and can properly estimate how the mutual relationships are, then you can make a nice hit with outrights alone.e
Who has the best chance to win the Super Bowl 2023?
Thinking about betting on the NFL and The Super Bowl? You can easily do that at legal online casinos in United Kingdom and The Netherlands!
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