Top 7 Types of Bets on the NFL Games- Your Guide to an Exciting Game

There are many US online betting sites present to make the process easier for you.

NFL betting seems very simple because all you have to do is pick one team to win one game. However, dedicated gamblers know the in-depth complexity of the betting process. That is why learning about different types of NFL betting is important.  

Money Line

One of the most basic bets is Moneyline, in which you have to pick one team you think is going to win the contest. This bet relies One of the most basic bets is Moneyline in which you have to pick one team you think is going to win the contest. This bet relies completely on winning and losing and the odds for this bet can vary a lot. If a team is a favorite among bettors you will see negative odds like -250. However, if a team is the underdog you will see positive odds like +250.

Handicap Market

In the Handicap Market, one side gets an advantage point, so both NFL teams are pretty much close to even money. The Handicap Market is also called Point Spread, and this term is used by mainstream media to professional bettors, especially when they are determining the chances of both teams winning. In NFL betting, the handicap lines make things fair when teams have different strengths. This is good for bettors because You can bet at nearly 2.0 odds for either team, even in lopsided games. Secondly, It brings in the oddsmakers' opinions. This is a big deal because they sometimes make mistakes, and that's your chance to win some money.

Spread Betting

This is like the classic way to bet on football which tells you how much better one team is supposed to be compared to the other. They try to make it fair by giving each team odds around -110. Sometimes it is just a small difference if both teams are seen as equally good like when the Eagles were only 1 point ahead of the Chiefs in Super Bowl 57. But if one team is way better like the Chiefs being 14.5 points ahead of Houston in Week 15 last year, the difference gets bigger.
The whole idea is to make sure it's easy for people to bet on either team and the final score is adjusted using this difference to figure out the winner.

NFL Prop Betting

NFL Prop betting or propositional betting is when different sportsbooks give an idea of betting that can be fun, for example, a bet about a single game, a bet about the performance of a player, or even about the success of a particular player in the future since prop bets are fun which is why they are getting more popularity among different bets. 

You can bet on almost anything that has nothing to do with the game. Hence, if you are not a fan of the game, you can still take part in betting, and you might win the bet as well. You might have seen some people betting on the color of the winning team’s Gatorade. This is also a kind of prop betting. However, an important point to consider in prop bet is not to fall on riskier bets, which might look tempting to begin with.

Parlay

When you combine two or more than two wagers in a single bet it is called Parlay. However, for your bet to be successful in Parlay all of your wagers must win which is quite risky. This can be a good bet when you are looking for a change of pace but it is surely not something you should rely on to get a solid win rate. 

Live Betting

When you look at the online sportsbook you will notice that they offer live betting and in live betting, as the game goes on, the odds keep changing. One of the examples of Live betting is a team that was supposed to win the game is now losing after the 10-0 quarter which surely confuses you about your betting decision. All you have to do is stay tuned for the thrilling experience because it has the most unpredictable outcome. Therefore, due to the excitement - live betting is very popular.

Conclusion

There are various types of NFL bets present; however, you need to choose the bet that is suitable for you. One of the most important things is to do thorough research on each type of bet before you start betting, and do not fall for riskier bets in the moment of excitement. NFL betting is not that complicated; however, once you understand the concept of each betting, it will be more of an enjoyable experience for you. Always remember research is the key in order to win the betting.