The most important thing you can teach yourself early on is: "Just because the books assign one side to be the favorite (even large, -200 or -300, favorites), does not mean that they will win." We have all seen favorites get upset, and it is important to avoid the temptation of finding comfort in the fact that the lines makers put one team as a favorite.
If you bet on sporting events, you must be able to read odds and understand what they mean. Furthermore, you need to quickly calculate the potential winnings for different bets, especially if the odds are changing while the event unfolds. Odds tell you the likelihood that an event will occur (a team wins, a boxer makes it a certain round) and how much will be paid out if you win. There are, however, multiple ways to convey this information.
Another way to beat football point spreads is to shop for off market prices. For example, let's say you're shopping online betting sites and see every site is offering Vikings +7.0. Then, you stumble upon one site that's offering +7.5. There's a good chance that this is a +EV wager, simply because it is out of sync with every other site. Please note that this strategy isn't quite the same as simply shopping for the best lines. Here, you're specifically looking for wagers that are +EV because they're against the market.
So how do you win? At the end of the first quarter, halftime, third quarter, and final score whatever the score is will be awarded to the person who owns that square. If the score is 17-10 at the half with the home team winning, the person with the squares of 7 and 0 would win that portion of the game. Having the squares 0 and 7 would not help because it would be assigned to the wrong teams. Usually the total money is divided by 5, and is paid out as follows. 1st quarter, Halftime, and 3rd quarter all get a 1/5 of the total bank and the Final Score doubles this to 2/5. So if you were involved on a $5 dollar pool and all 100 squares were filled that would be $500 to be paid out. With that number you would get paid $200 for final score and $100 for all other scores.
If you bet on the point spread, you’ll often see -110 placed next to each betting option. That means that you have to bet $110 to win $100. The $10 difference is effectively a fee you are paying to place the bet. It can be referred to as the juice or the vig (short for vigorish, which originates from the Russian word for winnings). If there is an even amount of money bet on both sides of the line, the juice guarantees a profit for the house.
Many reasons contribute to why point spread betting is one of the most favored by NFL players, certainly one reason it is so attractive to the recreational player is that essentially you have a 50-50 proposition on every team no matter who they are playing meaning you have the opportunity to bet your favorite team no matter who their opponents and in theory have a 50% chance of winning your bet at reasonable odds. Take the 2008 Detroit Lions who went through the regular season without winning a game, now betting them on the NFL money line odds would have been a disaster whereas their point spread record for that season was 7 wins and 9 losses. Similarly the 2007 Dolphins went through the NFL regular season with only one win however their point spread record stood at 5 wins, 7 losses and 4 pushes against the closing line.
If you're seeing 15 or 25 instead of 15/1 or 25/1, you're seeing a decimal form of odds, as opposed to fractional. Multiplying your stake by decimal odds gives your total return, not your profit(which is total return -stake). To get to fractional from decimal, add 1. So 3/1 fractional = 4 decimal (just 4). 4/6 frac = (4/6+1) dec = 10/6 = 5/3, or 1.666, which is rounded to 1.67 by bookies. To go from decimal to fractional, subtract 1(which makes sense from profit = total return - stake) So 15 dec = 14/1 frac. 2.33... dec = 1.33/1, or 133/100.
If you are able to interpret NFL odds and know what the various terms mean, such as the rotation number, point spread, moneyline and over/under, you’ll have a basic understanding on what you are betting. Prior to wagering make sure you see our NFL odds page, which carries all the latest odds from the top online sportsbooks. Remember that the odds makers are attempting to even the out the bets on each game. The sports bettor has to analyze each game and the odds and make their bets accordingly in order to win cash.

When betting the point spread, there is almost always a winner and a loser. However, in some instances sportsbook decide to put out a whole number such as -3 for bettors to bet on. If the final score ends with a differential of three points - no matter who wins - the bet is considered a "push" and all money is refunded to both sides since neither team covered the spread.
In 2012, despite federal law preventions, the state legislature of New Jersey and Governor Chris Christie signed a law that would allow sports betting to take place in New Jersey race tracks and Atlantic City casinos.[15] In August 2012, Fairleigh Dickinson University's PublicMind conducted a study on the issue. Voters were asked whether New Jersey should allow sports betting even if federal law prevents it from doing so, or wait to allow sports betting until federal law permits it. Results showed that nearly half (45%) of voters wanted to allow sports betting, while (38%) decided to wait and allow sports betting once Congress allows it. Krista Jenkins, director of the poll, commented, "Although support is not overwhelming, these numbers suggest the public is cautiously behind the goal of moving forward with legalized sports betting."[16]
With the over/under or total, bets are being made on what the total score may be. In our example which features two solid defenses and good offenses, the total might be around 41. If OSU scores 24 and Wisconsin 20, the total would be 44 or over the 41. If the Buckeyes scored 21 and the Badgers 14, then the total would be 35 so the under would win. Once again sometimes, if the total is a whole number, the result may be a push. That results in all bets simply being returned.
Donald Hoover, FDU professor in International School of Hospitality and Tourism Management and former casino executive commented on the results, "Betting on sports is not an uncommon practice for many New Jerseyans, but for the most part, the state doesn't supervise it, doesn't tax it and doesn't take any revenue from it."[12] In 2010 a national poll showed that voters opposed sports betting in all states by a margin of 53-39. Woolley commented on the results, "If some states allow sports betting and profit by it, other states will want to follow."[13] Yet by December 2011, after New Jersey passed its sports betting referendum, the national measure shifted to 42-42.[8] In January 2012, New Jersey Governor Chris Christie signed legislation allowing sports betting in the state after it was approved in a nonbinding voter referendum in 2011. He announced on May 24, 2012 that he planned to go ahead and set up a system of wagering at the state's racetracks and casinos that fall, before the National Football League season ended.[14]
Most online sportsbooks will list their odds in what is called “American Odds”. There are a couple different versions of sports betting odds, but these American Odds are the most common odds used. Reading and understanding sports betting odds can bet a little confusing to beginners, so we have provided an example below using two NFL football teams:
Betting on the point spread is completely different from betting on teams to win a game outright. Known as "betting on the moneyline", instead of using points to handicap each side of the wager, the sportsbook will use greater payouts versus the amount risked to reflect their relative perceptions; teams not expected to win (underdogs) pay more, sometimes exponentially, than when betting on the favorite to win when wagering on moneylines.
Bovada gives all first time college football bettors a 50% to $250 bonus when they make their first deposit which only allows you to wager on more spreads. Bovada welcomes USA players and has many great deposit methods to boot. Players are able to instantly add funds to their accounts using a variety of methods that include credit cards (Visa/MC/Amex), debit cards (Visa/MC), several brands of prepaid gift cards, cash wire transfers (Western Union + MoneyGram), and even payment through accepted Bitcoin wallets.
Above, you can see several numbers to the right of both teams. These all represent the different lines that are available on the San Francisco vs. Los Angeles game. The first set of numbers for both teams is the point spread, the second set is the moneyline, and the third set is the over/under (a.k.a. totals). We'll explain each of these lines more in-depth below.
The point spread is a handicap placed on one team for betting purposes only, it has no place in the game itself. It's designed to give both teams an equal chance at winning in the context of wagers. Think of it this way: If last season's Super Bowl champion was playing a basement-dweller team that hadn't won a game all year, that's a shoo-in bet. Of course, you're going to take the Super Bowl champs, and in all likelihood, you're going to win. What's the fun in that? Even your bragging rights would be next to nil.

Sometimes a line will move far enough to create a “middle” opportunity. Say the Texas Longhorns end up facing the Wisconsin Badgers in the first round of March Madness. If you have Texas early as a 5-point favorite, and I move the line to Texas –7 later in the week, then you can also place a bet on Wisconsin +7. If Texas happens to win by six points, both your bets cash in. Texas winning by either five or seven gives you a win and a push. Any other result creates a win and a loss, so you’re only risking the vigorish.
In football the money line is often a popular choice for bettors who have been burned by last-second scoring that actually had no actual affect on the outcome of the game. With the money line you just have to hope your team wins rather than cover a point spread. Of course, the one downside is having to risk more money to return the same amount that a point spread bet would net you.

In order to place a bet, you first need a user account with a betting provider. There are many of them now. As we know from economics lessons, a great demand leads to a great supply. If you enter the term sports betting in a search engine, about two million hits are displayed. Of course, these are not only providers, but also Internet sites, which deal with the topic. Among them are also betting options like Draw No Bet auf Wetten.com. Similar to other services or products, there are platforms that list and clearly compare the market leaders, test winners and other providers. So is this side. All licensed bookmakers can be found on it. Furthermore, the most important information about the services of the betting providers, test results, ratings and customer opinions can be read at a glance. This makes the search and selection of a betting provider much easier. Each provider advertises with different premiums and bonus payments. The decision is then an individual matter and will be made according to the own requirements of the preferred sport, league, team and the offered odds.


Football betting is by far the most popular form of sports betting by far.  Most professional gamblers only bet for 5 months out of the year because of this.  When you include College and NFL together there are almost a hundred games to bet on during a 2-day span. This is what is so appealing to the professional gambler; the action packed two days that comes every fall for five months.  The gambler has so much to watch in a 48 hour span that the rush alone makes these bets fun.  Now I do not expect you to go out and bet on every game played on a Saturday or Sunday.  However, I will outline below how you can bet on football also how to become more successful at football betting
For example, in a cricket match a sports spread betting firm may list the spread of a team’s predicted runs at 340 – 350. The gambler can elect to ‘buy’ at 350 if they think the team will score more than 350 runs in total, or sell at 340 if they think the team will score less than 340. If the gambler elects to buy at 350 and the team scores 400 runs in total, the gambler will have won 50 unit points multiplied by their initial stake. But if the team only scores 300 runs then the gambler will have lost 50 unit points multiplied by their initial stake.
If you bet on the point spread, you’ll often see -110 placed next to each betting option. That means that you have to bet $110 to win $100. The $10 difference is effectively a fee you are paying to place the bet. It can be referred to as the juice or the vig (short for vigorish, which originates from the Russian word for winnings). If there is an even amount of money bet on both sides of the line, the juice guarantees a profit for the house.
As an illustration, let's look at Super Bowl futures. Sports books list each NFL team with corresponding odds to win the Super Bowl. For example, the Ravens may be 5-1, the Redskins 12-1, the Cardinals 100-1, etc. If you place $10 on the Redskins and they go on to win the Super Bowl, you collect $120 plus your $10 back for a total payoff of $130. It does not matter whether your team covers the point spread in the Super Bowl. For the purposes of future book betting, the team has to win only the Super Bowl.
The NFL spread (betting point spreads is also known as betting ‘sides’ since you are picking one side to win the game) acknowledges that not all teams are created equal. If they were, we wouldn’t need NFL point spreads at all – teams would be so evenly matched that every game was a toss-up (or a pick em in football parlance). Simply picking the winner would be enough of a challenge.
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