Easily the most popular type of betting for NFL football is “spread” betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. We will explain what betting against the spread means below.
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Both land-based and online sportsbooks hire oddsmakers and have algorithms to determine the initial point spread. The goal of a sportsbook is to set the line perfectly and encourage the same amount of money to be placed on both football teams, which will guarantee a profit regardless of the winner.
These spreads are directly related to how points are scored in football such as a field goal (three points) or a touchdown (seven, assuming a successful one-point conversion). The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a field goal, a touchdown and a field goal plus a touchdown.
If one team is much stronger than the other, the number of points can be. quite high (a big spread). If the two teams are more evenly matched, the number of points is low (a small. spread). Here’s an example of a point spread that a bookmaker or betting site might offer for a football game.
As mentioned, most football spread bets will have opening odds/juice of -110. However, it is common to see adjusted odds reflect the betting action and sportsbooks’ position on a game.
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