If you love betting on NFL, then you should be fully knowledgeable of the different types of bet you can make on it. The three most basic types of NFL football betting are the Spread Betting, Money Line Betting and the Over/ Under Betting, although there are also other things you can bet on as well. To help you with, here’s a list and explanation of NFLfootball betting types.
NFL Spread Betting
In this type of bet, the oddsmaker will set a number of points which you have to beat in order to win. If you bet on favored team, the team must win more than the amount set by the oddsmaker, but if you bet on the underdog, then it must lose by less than the amount of points they are underdogs by or win the game outright. Spread betting is known to be as one of the most popular type of NFL betting.
NFL Moneyline Betting
Another popular of NFL football betting type is the Monet line bet. Here the bettor must just simply choose which team he thinks will win or lose the game- that’s it. Most beginner bettor chooses to make a bet in this type because of it easy and understandable rules and procedures. Betting on the favorite team means lesser risk but a lesser payout too. Unlike when you bet on the underdog team, you will have the chance of getting higher payouts but with higher risk, of course.
NFL Over/ Under Betting
The third most common type of bet is the over/ under or also known as game total betting. This bet involves betting on the number of total points scored in a game by both teams combined. Again, you have to beat here the oddsmaker set game total for each game in order to win. A bettor can either place a bet on the total score to be lower or higher (over or under) that set amount.
NFL Prop Betting
Although not as common as with the three types mentioned above, prop bets are also used in NFL especially during the Super Bowl. A prop bet is any type of side bet that does not have to do directly with the final outcome or score of the game. There are many different types of prop bets you can make, some of what many new bettors will be very surprised that you can bet on. Prop bets range from halftime scores to individual player performances and the ever so popular Super Bowl coin toss prop bet.
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