Since 1965 the NFL has been the most popular sports league in America, this emergence has also increased betting activity on football matches. While sports’ betting is illegal in most of America (with the exception of Nevada) betting on NFL football has continued through illegal bookmaker operations. The emergence has moved a lot of this action to offshore website that still operate (with severe limitations) targeting football bettors.
Betting on football online is as simple as choosing a website, opening your account and placing your wager. While there are still some heavy restrictions on the movement of money, offshore bookmakers still accept some American players. When betting on football, players have many different types of wagers available. The most common method of betting is against the point spread. The point spread is determined by odds makers to ensure that both teams received the same amount of wagers.
Here’s an example of a point spread:
Miami Dolphins +7.5 -110
New York Jets -7.5 -110
The team that has a plus in front of the spread number is usually considered the underdog. The underdog will get the point listed in the odds added to their final score. As such if the match ended with the following score Miami 10 New York 14, the score on the ufabet would be Miami 17.5 New York 14 and a wager on Miami to cover would result in a win.
The -110 determines the amount a player would have to risk to win $100 as such to win $10 on this match while betting for the Miami Dolphins a player would need to wager $11. The remaining $1 is paid to the sports book operator for his services.
An Alternate to point spread betting is money line betting. money line betting eliminates the point spread from the bet and instead uses direct odds to determine the price of each bet. The winner on a money line bet is determined from the final score with no changes. As such using the above example again but this time with money line numbers:
Miami Dolphins +250
New York Jets -330
In this case to odds can be explained in this way: a player would need to wager $100 on the Miami Dolphins and to win a payout of $250. To win $100 on the New York Jets the player would need to wager $330
There are many other type of football betting options such as totals, parlays, proposition bets and futures but the point spread and money line are the most popular. Betting on football can definitely increase the joy of watching your team beating a hated rival, as long as they cover the spread.