Nfl Odds Spreads
Posted By admin On 11/04/22NFL odds for conference championship games Below are the latest NFC and AFC championship game odds, including point spreads, money lines and over-under totals for every game, according to the.
- NFL Playoffs Bucs vs. Packers: Final Odds, Spread Picks for NFC Championship Game 2021 Jake Rill Featured Columnist I January 24, 2021 Comments.
- NFL Betting Glossary & Tips Spread – The most popular way to bet on NFL football is by betting on a team against the spread (ATS). You will either wager on the favorite or the underdog to cover the spread. The Favorite is the team giving or laying points (ex: Chiefs -7).
How NFL Odds, Lines, Point Spreads and Totals Work
When you wager on NFL football it’s important that you understand clearly and concisely how to read odds and how they work. This is basic information that you must know in order to make informed bets.
You’ll need to know how the rotation number, point spread, moneyline and over/under are used and what each means. Each of these terms may be called by another name. The rotation number if often referred to as the number or the rotation mark, moneyline becomes line, point spread is called the spread, and over/under becomes the total. When you come down to it, these are the major terms that can be lumped under the heading odds.
Bookmakers use odds to even out the bets, getting gamblers to wager on both sides of the line by leveling the playing field. Although there is overall parity in the NFL, there are teams that are haves and others that are have-nots. Indianapolis is still superior to Cincinnati but when they play each other the bookies have to get about half of the bettors to put cash on the Bengals. This covers the sportsbooks ensuring they’ll make a decent amount of cash on just about every game.
When you read NFL odds, you’ll first see the date and time of the game on the left and then immediately to the right, there will be two numbers with the name of each team next to one of each numbers. That number is called the rotation number.
Rotation numbers are standard from sportsbook to sportsbook. The number becomes a way to refer to the game and team without mentioning the teams name. It’s a sort of shorthand. Also, the rotation number allows each book to list the games in the same order—numerically. It is, in essence, a way to keep all of the games that are posted each day and throughout the week organized. That makes it easy for the bettor and the bookie.
As an example, let’s consider a matchup between the Indianapolis Colts and the Cincinnati Bengals. In our scenario, the Bengals are the home team, which means they will be listed last and the Colts, as the visitors, will be on the odds slip first. If Indy’s rotation number is 101, then Cincy’s rotation mark would be 102. When you place a bet live at a Vegas sportsbook or over the phone, you would say the number of the team on which you want to wager and not the name.
Date/Time | Rotation Number | Team | Point Spread | MoneyLine | Total |
Sep 15 | 101 | Indianapolis | -10.5 | -380 | 37.5 |
1:00 | 102 | Cincinnati | +10.5 | +255 | 37.5 |
To the right of the team’s name are the different types of odds. Usually the spread will be first. You may then see the moneyline (although some books list these on another slip) and then, finally, the over/under. Thus, all of the basic bets are in one place, allowing for easy access.
The point spread, which is the most popular type of bet, lists the favored team with a minus sign and a number and the underdog with a plus sign and the same number as the favorite. (If neither team is favored, they will be listed as EVEN or PICK.)
The team that has the minus sign, which is the favorite, has points deducted from its final score, while the dog, with the plus sign, has points added. The favorite must beat the spread, which means they have to win by more than the negative number to pay off. The underdog pays off in two instances—if they win outright or if they lose by less than the spread.
In our scenario, Indianapolis is at -10.5 and Cincinnati at +10.5. If you bet on the Colts at -10.5, which means they are favored, they must win by 11 or more for you to collect on your bet. If you wager on Cincinnati, which is the underdog, your bet pays off if they win the game outright or if they lose by less than 11.
Sometimes with NFL odds you’ll see a spread posted as a whole number. Decimals or fractions are usually utilized to ensure there won’t be a tie. If in our example the spread was reset to 10 with the Colts favored and they win by 10, then the game is considered to be a tie, which in betting terms is called a push. If there is a push all bets are off and the sportsbooks return all wagers back to the bettors.
Many people will say that the odds on a spread bet are even, paying 1:1. But this is not true. The actual odds are 0.90:1. For every dollar bet, you can win 90 cents. When checking out the spread, you’ll usually see a number listed next to each spread. That number, which is your stake, is posted as -110. This number tells you how much you have to bet to win $100. If you put $110 on either team, you stand to win $100. If you bet $11.00, you can win $10.00. Every NFL point spread works this way.
The moneyline is different. First, with the moneyline whichever team wins the game pays out. There’s no giving or taking away of points. How do the bookies even the playing field with the moneyline? They do it by making bettors wager more on the favorite to win less and allowing them to bet less to win more on the dog. The favorite is posted with a minus sign and a number. That number represents the amount of cash that has to be wagered in order to win $100. The underdog, on the other hand, is listed with a plus sign in front of a number. That number shows how much a bettor wins when they bet $100.
Taking the exact same match up and odds above, Indy would be listed at -380 and Cincy at +355. When wagering on the Colts, the favored team, a sports bettor would be required to bet $380 to make $100. If they take the Bengals, who are the underdog, a $100 bet can result in a $355 profit.
Nfl Standings
By the way, there is a relationship between the spread and the moneyline. The exact relationship can vary a bit depending on the book, but the correlation works in this manner:
Point Spread | Money Line |
-1 | -120/+100 |
-2 | -130/+110 |
-2.5 | -140/+120 |
-3 | -155/+135 |
-3.5 | -175/+155 |
-4 | -200/+170 |
-4.5 | -220/+180 |
-5/-5.5 | -240/+190 |
-6 | -270/+210 |
-6.5 | -300/+220 |
-7 | -330/+250 |
-7.5/-8/-8.5 | -360/+280 |
-9/-9.5 | -400/+300 |
-10 | -450/+325 |
When considering NFL odds, the last type of basic bet you’ll see listed is the total or over/under. The over/under is a prediction regarding the total number of points that both teams will score. As it is with the spread, the total is usually posted as a fraction or decimal and the stake is the same as it is with the point spread (-110)
With NFL odds the over/under can vary but usually it’s somewhere between 35 and 47 points. Let’s say in the Colts and Bengals game that the total is posted at 37.5. If Indy scores 27 and Cincy gets 13 points, the total would be at 40 and the over would win. But if the Colts rack up 35, and they shut out the Bengals, the total of 35 would be under.
If, as it is sometimes with the spread, the total is listed as a whole number, the result may be a push. Let’s say the total is 37 and the Colts score 24 and the Bengals 13 for a total of exactly 37 points. If this happens all bets are returned on the push.
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.
How to Use the Odds Comparison Tool
Compare odds across legal US sportsbooks at ScoreandOdds.com to help you profit over the course of the NFL season. Find out how to use the odds comparison tool, along with other NFL betting tips below.
Are you in a state or traveling to a state with legal sports betting, such as New Jersey, Pennsylvania or Indiana? Our odds comparison tool is perfect for you.
Highlighting the best lines — spreads, totals and moneylines — from multiple sportsbooks across the legal US sports betting industry, you can outsource line-shopping in your betting process, saving you time and money in all of your sports betting endeavors. Simply click on spreads, totals or moneylines underneath Bet Type. The best line will be outlined in red, showing you which sportsbook you should use for each respective bet.
Additionally, all of the sportsbooks featured in our odds comparison tool will have a welcome promo, which might include free bets or deposit bonuses, for all new users. Be sure to take advantage of the offers by clicking on the bet you want and signing up!
Of course, if you are new to NFL betting, or sports betting in general, you will first need to understand what you are looking at in terms of NFL spreads, moneylines and point totals. A few complementary NFL betting tips never hurt anyone, either. Let’s get started.
NFL Betting Glossary & Tips
Spread – The most popular way to bet on NFL football is by betting on a team against the spread (ATS). You will either wager on the favorite or the underdog to cover the spread. The Favorite is the team giving or laying points (ex: Chiefs -7). The underdog is the team getting points (ex: Colts +7).
By betting on the underdog, the team does not have to win the game for you to win your bet. You need them to lose by less than the number of points they are getting. If they win outright, you will win your bet too. Example: If you bet on the Indianapolis Colts +7, the bet wins if the Colts lose by six points or less (or win outright), you push (no money won or loss) if they lose by exactly seven points, and you lose if the Colts lose by eight or more.
NFL Betting Tip: Be aware of NFL key numbers when betting, the two most important numbers being 3 and 7. It is more common for teams to win by 3 or 7 points than any other margin of victory. The third-most common margin of victory is 10 points. Often, you will find different point spreads across different sportsbooks. If one sportsbook has a team favored by 7 points, by using our odds comparison tool, you can quickly find out if another sportsbook has the spread at 6.5 or 7.5 points. Finding the best spread is arguably the biggest factor in making you a profitable bettor over the long term.
Money Line – By betting on the moneyline, you are only wagering on what team will win or lose. Large favorites require you to risk more money than you will win (ex: Chiefs -300, requires you to risk $30 to win $10). Conversely, betting on underdogs will earn bettors more money than they risk (ex: Bengals +300, a $10 bet will earn you $30 profit).
NFL Betting Tip: While it is important to take or give points when the team you like is on the right side of key numbers, what do you do if the spread is not on the right side of the key number? Maybe you love an underdog and even think they have a chance to upset the favorite but the spread is +2, not quite reaching that key number of 3. The moneyline might be more enticing here. Some historical data shows that break-even percentages on moneyline underdogs are better than that on moneyline favorites
Total (Over/Under) – When you bet on the point total, you’re betting on the total number of points scored by both teams. So if a game has a total (or Over/Under) of 49 points before kickoff, you can bet on Over or Under 49 total combined points between the two teams for the entire game. Points scored in overtime are included. There are also point totals for quarters and halves.
NFL Betting Tip: Try to spot teams who have changed things up, whether by adding a key player in the NFL free agency or identifying a generational talentbefore others do, such as Patrick Mahomes. During the 2018-19 season, in Mahomes’ first year as a starter, the Kansas City Chiefs went Over their respective point totals in each of their first three games. By the end of the season, Chiefs Over/Under record was 10-5-1.
Vigorish (vig) or Juice – The vig or juice is the cut sportsbooks take from bettors to place their bets. This is the house edge. Sportsbooks typically have a vig of -110 on both sides of a bet, meaning you have to risk $11 for every $10 you want to win. Taking into account the vigorish, you need to win not half of your bets but at least 52.4% to break even.
Nfl Odds Spreads And Lines - Usa Today
NFL Betting Tip: While -110 is most common, some sportsbooks are nicer than others when it comes to vigorish. You will want to use SAO’s odds tool to find which sportsbooks are charging the least amount for your NFL picks.
Other NFL betting Terms
Parlay – A parlay involves two or more picks, all of which have to win for your parlay to pay out. You have a three-team parlay, and two of your picks win but the last game loses? Tough luck, you lose the entire bet. Parlays are attractive to bettors because of their large payouts. Two-team parlays traditionally pay 2.6-to-1, three-team parlays pay 6-to-1, four-team parlays pay 10-to-1, etc. Though we refer to these as “two-team parlays,” parlays can consist of picks on the point totals and sometimes even props. Use our parlay calculator for your convenience.
NFL Betting Tip: Remember, NFL lines are extremely efficient. In fact, the NFL is arguably the toughest sport to beat over the long haul. Parlays require perfection, making it even more difficult for you to win on Sunday.
Teasers – Like a parlay, teasers require more than one pick, and all picks in your teaser must hit. NFL teasers are a popular way of moving multiple point spreads (or totals) to bettors’ advantage. Since the points are adjusted in the bettor’s favor, teasers do not have as large of payouts as parlays
NFL Betting Tip: Generally speaking, teasing football point totals does not raise your win rate enough to make teasing advantageous. This is especially true in college football, but even in the NFL, it is much sharper to focus on teasers that move point spreads through key numbers like 3 and 7.
Live Betting – Live betting occurs after a game starts. Did you sleep in or forget to place a bet, missing the kickoff of an NFL game you wanted to bet on? Most US sportsbooks will have live lines available for you to bet on while the game is still in progress.
NFL Betting Tip: Live lines are not as efficient as closing lines in sports betting. Watch games closely, take in the extra information available, and use live lines to your advantage, especially if you notice something that you believe sportsbooks’ live algorithms are not accounting for.