Online Football Betting : The types of ways to bet on american football are based on the Money Column and Line Column. We have given samples of each below so you can better understand the ways to bet on American Football.
Chicago Bears +150
Green Bay Packers -150
A bet on a matchup between two teams may be set by a money line ( Money column). If a matchup is determined by a money line, then it will cost the customer more to wager on the favorite. For example, the Green Bay Packers may be favored over the Chicago Bears by 150. In this example, the customer must lay $150 in order to win $100 if Green Bay Packers wins the game, no point spreads are involved. If Green Bay Packers loses, the customer loses $150. However, the customer could bet on Chicago, in which case the customer would lay $100 in order to win $150 if Chicago wins the game. If Chicago loses, the customer only loses $100, because Chicago is the underdog.
Green Bay Packers -14
Chicago Bears +14
In all straight bets which are set by a point spread, the customer lays $11 for every $10 the customer wishes to win. For example, the Green Bay Packers may be favored by 14 points over the Chicago Bears. A customer who wishes to win $10 on Green Bay must give Chicago 14 points, if Green Bay wins by more than 14 points than the customer wins $10. If Green Bay wins by less than 14 points or loses outright, then the customer loses $11.
A customer can also bet whether the combined number of points scored by the two teams in the game will be over or under the total set by the odds maker. For example, if the total is 22 and you believe that the combined points scored by the two teams will exceed that number, you would bet over 22. In that case you will win $10 for every $11 you bet.
Point Spread Betting (Straight Wagers)
The team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered “no action” and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time.
Example: Player wagers $110.00 on Miami -7 to beat Buffalo +7 If Miami wins by more than 7 points the player wins $100.00 so the total payout including the initial wager would be $210.00. If Miami only wins by 7 points then the game is considered “no action” and all money is returned to the bettor. If the Miami wins by less than 7 points the wagers is lost.
The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated.
Example: The player lays $220.00 on the OVER in the Miami/Buffalo game. The total for the game is 45. If both teams’ combined score is more than 45 than the player would win $200.00. If the combined score is equal 45 the game is considered “no action” and the money is returned. If the combined score is less than 45 then the wager is lost.
Money Line Wagers
The team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read to at the time of your wager is the money line you keep regardless of any line movement.
Example: The player wagers on Miami -160 at Buffalo +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Buffalo then the player would lay $100.00 to win $260.00
Halftime wagering is simply a wager only on the score of the first, or second half of a contest. The line offered will be a point spread, a money line, or a combination of the two, but the wager applies only to the score of the halftime period specified.
Parlays (also known as Multiples or Combos)
This is a bet of 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, or “no action” among the selections made, the parlay reverts down to the next lowest number for payoff. In the case of a 2-team parlay, it will revert down to a straight wager. No parlay bets will be accepted where individual “selections” are connected. For example, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are ‘connected’
Player wants to make a 5 team parlay:
New York +3
San Francisco -8
If all these games win then the player would have won at 20-1 odds. If only 1 team loses then the entire parlay loses.
Parlays are a very exciting way for the sports betting enthusiast to WIN VERY LARGE AMOUNTS OF MONEY WITH VERY LIMITED RISK! Just look at the simple payout chart below to see how much you’ll win by betting just $250 on the parlay combinations.
Typical Parlay Net Winnings for a $250 bet:
2 Teams $650
3 Teams $1500
4 Teams $2500
5 Teams $5000
6 Teams $10,000
7 Teams $18,750
8 Teams $37,500
9 Teams $75,000
10 Teams $175,000
A Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A “Tie” or “No Action” and a “Win” on a two team teaser shall constitute a “No Action” wager. A “Tie” or a “No Action” and a “Loss” on a two team teaser shall constitute a “Losing” wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. (Example: A tie on a three team becomes a two team teaser.)
Typical Teaser Net Winnings for $250 bet:
6 pts 6.5 pts 7 pts
2 Teams $227 $208 $192
3 Teams $450 $400 $350
4 Teams $750 $625 $500
5 Teams $1125 $1000 $875
6 Teams $1500 $1375 $1250
Future Book Wagers
A “futures” wager is a bet placed on an event that is scheduled to occur at some future date. For instance, prior to the beginning of the regular season for each major sport, odds will be established for each team to win their individual division, conference and seasonal championship.
Another type of “future” wager that has become extremely popular is the over/under wager for the total number of victories for the entire season for a given team.
Proposition Bets (Exotics)
Simply put, Proposition/Exotic Bets may generally be considered as any wager other than a straight “side” or “over/under” wager. More specifically, these wagers usually involve specific events and occurrences that happen throughout any given game. We have listed some examples for you below.
Props/Exotics will be offered on the more marquee games on the betting menu. These include, but are not limited to, Sunday and Monday night NFL games, various NCAA Football games, major Bowl games, and most Playoff and Championship games. There are also many other miscellaneous events that Props and Exotics will be offered for.