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Using the above example, the Chiefs are against the Jets. That means that they are extremely likely to win the game. There is a correlation between the spread and money line in that the larger the favorite on the spread, the more expensive the money line gets. On the flip side, the bigger the underdog, the better the price on the money line.
Money line betting carries a higher-risk, higher-reward element with the underdog. You have to make the decision if you want 14 points with the underdog or want to take the chance that the underdog simply wins the game outright. With a favorite, you have to invest a lot more to win less when you bet on the money line.
Totals betting is also very popular in the NFL. This is a measure of the combined number of points scored in a game. NFL totals have gotten higher in recent years, but NFL totals can go as low as 37 and as high as 60 in some instances, depending on the offenses and the defenses of the two teams. The goal here is to bet how many points will be scored combined, so the above example with a Chiefs win means a total of 52 points.
If the total was 51, that game went over the total. If the total was 53, that game went under the total. Vig will apply to both sides of a total as well and carries the standard vig, but sportsbooks often move the vig around or will move up or down a point or a half-point to balance action. Parlays come in all shapes and sizes, but the one constant about parlays is that you have to win all of your bets on that one ticket in order to be a winner.
If any one of the bets on your parlay ticket loses, the entire parlay is a loser. Parlay betting means putting at least two bets on the same ticket to increase your payout. The problem is that you have no margin for error, so parlay betting requires perfect precision and the more games you bet on, the harder it is to be perfect. Using the above example, you might have parlayed the Chiefs with the Dallas Cowboys -8 against the New York Giants.
If the Chiefs win and the Cowboys win , then you win both bets of your parlay and will be paid out accordingly. If the Chiefs win , but the Cowboys win , your parlay is a loser because you did not win all of the bets on that ticket. One extremely popular bet type with the NFL is to play a teaser.
A teaser is an alternate form of a parlay, but these are things that both professional and recreational bettors will try in the NFL. A teaser allows you to add and subtract points from a spread or total, depending on what you want to do. Most people prefer a 6-point teaser in the NFL.
With a 6-point teaser, you would either add 6 points to the underdog line or an over or subtract 6 points from the favorite line or the under. In the above example with the Dallas Cowboys, if you decided to do a 6-point teaser on Dallas at -8, your new line would be Like parlays, teasers stipulate that you must have at least two bets on one ticket. All bets on the ticket will be adjusted by the number of points for your teaser.
With the NFL, the most common are 6-point, 6. The payouts will differ based on how many games you pick and how many points your teaser ticket is. This means that you are betting smaller segments of the game.
You can bet 1st half lines and also lines by quarter. Teasers are not available for 1st half and quarter betting, but the other above bet types with the spread, money line, and total are available. They are all adjusted to the fact that you are betting a smaller increment of the game. The favorite for the game will be the favorite for the first quarter and also the first half.
The totals will be adjusted accordingly as well. One of the most popular things in sports betting these days is live betting. Some people do this while watching the games. Others do this from something that they have seen in the box score. The flow of the game and the things that have happened will dictate live betting. Some people prefer live betting to pregame wagering because you will have a frame of reference and will have seen what is going on.
You will have a better idea of what to expect. With live betting, you can bet spreads, totals, money lines, props, and more. All of those lines will be adjusted based on the game play. Prop betting is also extremely popular in the NFL. Everybody plays fantasy football these days and there are some similarities between the two. If the line is Top Sportsbooks. Big Sky. Big South. Big Ten. Patriot League. Sun Belt. Arizona Diamondbacks. Atlanta Braves. Baltimore Orioles. Boston Red Sox. Chicago Cubs.
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