NFL is one of the most popular sports available for gamblers to bet on using the Vegas odds. However, understanding the difference between the odds available at Vegas odds sites such as Caesars Sportsbook is one of the most important factors that gamblers must take into consideration before making their wager. But, what are the biggest differences and what markets can you expect to bet on the NFL using?
- How To Bet The Nfl Redzone
- How To Bet The Nfl
- How To Bet The Nfl Predictions
- How To Bet On The Nfl Draft
- How To Bet The Nfl Odds
Betting the NFL point spread remains the most popular form of football wagering. While most everyone knows how the NFL or college football point spread works, not everyone knows how the line is set, why it changes and when it might be better to bet the moneyline. NFL is one of the most popular sports available for gamblers to bet on using the Vegas odds. However, understanding the difference between the odds available at Vegas odds sites such as Caesars Sportsbook is one of the most important factors that gamblers must take into consideration before making their wager.
What Are The Biggest Differences?
Many gamblers often wonder what the biggest differences between betting on Vegas odds and other sportsbooks are, and one of the most significant differences is the odds. Vegas odds are typically better value for customers, and that can be seen in the example below:
- Jacksonville Jaguars +700
- Green Bay Packers -1100
Under 4.5. These odds were taken from Caesars Sportsbook, and are better than a number of offshore sportsbooks that we looked at. One offshore sportsbook offered +550 on the Jacksonville Jaguars on the Money Line, and -900 on the Green Bay Packers. As you can see from the odds, that means gamblers betting with Vegas odds would be able to win higher returns when betting on the underdog for this NFL fixture.
However, it depends on the market that you're betting on. As the spread and over/under total points markets for the same fixture are exactly the same.
Play who wants to be a millionaire slot machine. These are the odds for those markets with Caesars Sportsbook:
- Jacksonville Jaguars (+13.5) -110
- Green Bay Packers (-13.5) -110
- Over 50 Points -110
- Under 50 Points -110
How To Read Vegas Odds (NFL)
How To Bet The Nfl Redzone
Reading the odds are very straightforward, and we can use the same examples above to explain:
How to Read NFL Odds
If you stake a $10 bet on the Jacksonville Jaguars, then you could stand to win $80 in returns. The returns will be made up with $70 in profit after betting on the odds, while you will also get the $10 back that you wagered.
However, if you opted to bet on the Green Bay Packers, you would get $10.90 in returns on the Money Line. $10 of those returns would be the stake that you placed on the bet, while the $0.90 would be the profit from the odds that you have bet on. Vegas odds in the American format isn't the only way to read odds, as the leading sportsbooks allow you to change the format to a fractional or decimal layout. You can see below how the odds convert:
Other NFL Markets Available With Vegas Odds
One of the other big differences between offshore and Vegas odds sportsbooks are the number of markets available. Offshore sites will allow gamblers to wager their money on markets such as First Drive Result, Double Result and Winning Margin. These markets aren't traditionally offered with sportsbooks like Caesars. However, there are other markets that you will be able to find with this sportsbook.
- 1st Half Money Line- Gamblers will be able to bet on the team that will be winning at the half-time break.
- 1st Half Total Points- There is an over/under market focused on the number of points scored in the first half. The site will set the total, and gamblers will bet on whether the number of points scored will be higher or lower.
What Are The Biggest Differences?
Many gamblers often wonder what the biggest differences between betting on Vegas odds and other sportsbooks are, and one of the most significant differences is the odds. Vegas odds are typically better value for customers, and that can be seen in the example below:
- Jacksonville Jaguars +700
- Green Bay Packers -1100
Under 4.5. These odds were taken from Caesars Sportsbook, and are better than a number of offshore sportsbooks that we looked at. One offshore sportsbook offered +550 on the Jacksonville Jaguars on the Money Line, and -900 on the Green Bay Packers. As you can see from the odds, that means gamblers betting with Vegas odds would be able to win higher returns when betting on the underdog for this NFL fixture.
However, it depends on the market that you're betting on. As the spread and over/under total points markets for the same fixture are exactly the same.
Play who wants to be a millionaire slot machine. These are the odds for those markets with Caesars Sportsbook:
- Jacksonville Jaguars (+13.5) -110
- Green Bay Packers (-13.5) -110
- Over 50 Points -110
- Under 50 Points -110
How To Read Vegas Odds (NFL)
How To Bet The Nfl Redzone
Reading the odds are very straightforward, and we can use the same examples above to explain:
How to Read NFL Odds
If you stake a $10 bet on the Jacksonville Jaguars, then you could stand to win $80 in returns. The returns will be made up with $70 in profit after betting on the odds, while you will also get the $10 back that you wagered.
However, if you opted to bet on the Green Bay Packers, you would get $10.90 in returns on the Money Line. $10 of those returns would be the stake that you placed on the bet, while the $0.90 would be the profit from the odds that you have bet on. Vegas odds in the American format isn't the only way to read odds, as the leading sportsbooks allow you to change the format to a fractional or decimal layout. You can see below how the odds convert:
Other NFL Markets Available With Vegas Odds
One of the other big differences between offshore and Vegas odds sportsbooks are the number of markets available. Offshore sites will allow gamblers to wager their money on markets such as First Drive Result, Double Result and Winning Margin. These markets aren't traditionally offered with sportsbooks like Caesars. However, there are other markets that you will be able to find with this sportsbook.
- 1st Half Money Line- Gamblers will be able to bet on the team that will be winning at the half-time break.
- 1st Half Total Points- There is an over/under market focused on the number of points scored in the first half. The site will set the total, and gamblers will bet on whether the number of points scored will be higher or lower.
How To Bet The Nfl
Should I Sign Up To Take Advantage of Vegas Odds?
Vegas odds are one of the best ways to bet on the NFL action, which means signing up to a site such as Caesars is a no-brainer. You will be able to bet on competitive odds on all the markets that are on offer, while there are excellent promotions that new customers will be able to take advantage of. Understanding Vegas odds is also straightforward, which means that it will appeal to beginners that are wagering their money on the NFL for the first time.
When it comes to betting on sports there is nothing more popular than the NFL. The Super Bowl alone is a multi-billion dollar betting event and that is just one game. The first step to get started betting on the NFL is to find an online sportsbook to take your bets and Sports Betting Stats has you covered with insider reviews for all of the top books in the game today.
The most popular way to bet on the NFL is on the 'point spread' for each week's games. Oddsmakers will usually release that week's point spreads on Monday for that week's schedule. The spread is designed to level the playing field between the favorite (giving the points) and the underdog (getting the points) in a particular matchup. Keep in mind that a point spread is not a prediction of the margin of victory; rather it is a handicapping tool to help balance out the total money wagered on either side of a game. Many times it is wrapped around a football scoring increment such as three points for a field goal or seven points for a touchdown (plus an extra point).
The next biggest way to bet on NFL games is the 'total line'. Oddsmakers will set a betting line wrapped around the projected combined score of both teams in a particular matchup. You can then bet that the actual combined score stays 'under' that number or goes 'over'. Total lines in the NFL can range from the high 30's on the low end all the way up to the high 50's on the high end. Along with the matchup on the field, other intangibles such as weather, key injuries and field conditions can have an impact on how the total line for a game is set.
You can also bet on the NFL with the use of a money line. In this type of wager, your starting point is a head-to-head matchup between two teams. Ufc 248 blog. Using a $100 as a base bet, the money line for the favorite determines how much money you have to risk to win $100, while the money line for the underdog determines how much you can win for that $100 bet. For example, if Dallas is a seven-point favorite against Washington on the point spread, the money line for that game might be set at -300 for a bet on the Cowboys and at +250 for a bet on the Redskins. What this means is that you would have to risk losing $300 to make $100 betting on Dallas to win straight up, while you would collect $250 on your $100 bet on Washington if its pulls-off the upset.
How To Bet The Nfl Predictions
Another way you can bet on NFL games to try and enhance your overall return is to combine two or more individual bets into a parlay. Some sportsbooks will allow you parlay as many as 10 or 11 games together in one combined wager, but the catch is that you need to win every game to cash in. While the return on a $100 parlay bet can be very attractive depending on how many games you bundle together, you also have to keep in mind just how hard it can be to pick the winner in just one game. A variation on a parlay bet is a 'teaser'. In this type of wager, you can move a point spread one way or the other in each of the games included in the parlay bet to enhance your chances to win.
How To Bet On The Nfl Draft
Futures and props make up a big part of the total amount of money bet on the NFL. Futures are betting odds for an event that will take place somewhere down the line such as the Super Bowl, while a prop bet covers particular aspects of the game such as how many yards will a quarterback throw for. Both are designed to add even more betting action to the most heavily bet sport in the world.
How To Bet The Nfl Odds
If you are looking for some inside tips and betting strategies when it comes to wagering on football, be sure to check-out the NFL section on SportsBettingStats.com.
