If you want to do some extra sports odds homework, even before the preseason, you can always be sharpening your odds-watching tools on the MLB. This could be another way to practice reading odds and navigating the emotions associated with live betting.

The MLB and the preseason can be like your test run. If you are looking to start betting on NFL games, there is a lot to learn about gambling rules. The rules vary according to which NFL bet you want to make.

Moneyline betting may seem strange at first. But it can be one of the simpler bets to make. If you are just figuring out how NFL betting works, moneylines are a great place to start.

Moneylines are simple bets where you simply choose which team will win. Something that can be confusing is that if a team is listed with a negative number, that means it is favored. It may seem contradictory at first, but a team listed with a positive number is expected to lose. Point-spread bets build off of this numbering system.

It is a way to essentially handicap the teams and even out the bets so that the favored team has to win by a certain amount of points for the bet. For example, if the Minnesota Vikings are favored at Your NFL Betting strategy will, of course, depend on which type of bet you are looking to take. One strategy is to take a sure bet.

In this strategy, you can pick a near-certain favorite and plan on winning a small amount. A nother strategy is to bet small amounts on risky bets. This can be a good way to stay within budget while still hoping to gain a lot of money. Of course, you are more likely to lose your smaller investment.

But if you win, you win big! Look for parlays if this is your strategy. If you want to take your NFL betting strategy to the next level, working on an NFL betting system is the way to go. A betting system is a structured strategy for NFL betting. Although in games with so much chance, it is difficult to alter long-term profit.

Betting systems might be best thought of as a way to precisely balance risk and reward. Betting live on NFL games is the most exciting format. Play-by-play, minute-by-minute, you can watch the odds change and adjust your wagers accordingly. You can watch your earnings go up as your outcome becomes more and more likely.

Will you sell for a decent profit before the deal is sealed, or will you wait, and risk it all for an even bigger, more dazzling win. Live betting is so fast-paced that you may want to use Bitcoins when using this format. Bitcoin deposits come in a lot faster, and, depending on the site, you could deposit and be able to use those funds during the same game.

It depends on how well your wager is! If you place smart wagers, you will always have the opportunity of making a decent profit.

However, for our recommended bookmakers, they do all offer NFL football betting. Live, or in-play, betting has become an absolute necessity for top providers.

So, check out any of our recommended bookmakers for bookmakers offering NFL live betting. Gambling in the US works on a state-by-state basis. See more: How to bet the moneyline. Oddsmakers set a point spread to each game as a way to level things out for bettors. After all, the teams may not be very equal in talent level, and that will be evident in the moneyline.

The point spread lets bettors take favorites without the huge moneyline risk or underdogs without having huge odds to overcome for their payout. Underdogs can cover if they lose by less than the spread or win by any score.

Betting on the Eagles odds at The odds are the same. NFL point spreads will be the same number for both teams one positive, one negative , although the odds could differ. If the spread is a whole number and the favorite wins by that exact amount Example: Eagles are -7 and win by exactly seven points , the bet will be a push, and the sportsbook will return your original wager to your account.

See more: How to bet the point spread. Betting on totals involves picking whether the combined score will be over or under a number that the sportsbook sets. Using our example, a bet on over Taking the under would need them to total 45 points or less.

In the props section, you will find totals for individual teams, plus quarters and halves. Proposition bets are increasingly popular, perhaps with no sport more than the NFL. Online betting sites will offer a huge menu of player, game and team props for every single matchup.

Depending on the market, NFL props can vary greatly. Player props are by far the most popular when it comes to NFL betting. Many fans are already familiar with fantasy sports, which creates an inherent interest in player statistics. Here are some examples of things you can bet on:.

This section is for bets that have to do with an in-game occurrence or the accomplishments of one particular team. Parlays are wagers that combine multiple legs into the same bet for an enhanced potential payout.

While these bets are difficult to hit because you need every leg to win, they are still wildly popular among NFL fans. In order to qualify as a parlay, the wager must have at least two legs. And parlays are customizable, meaning they can have odds as large or small as you like.

When it comes to NFL parlays, you can combine wagers in multiple ways. The most common parlays combine multiple sides from different games, which can be the moneyline, spread, total, and many props.

The above example combines two moneylines and a spread. While you can do the math yourself, the online sportsbook calculates parlay odds for us. The other option is to build a parlay with many different elements from one contest, known as a same-game parlay. These bets allow you to combine props and conventional bets from a single game into one large bet.

Generally, point spread odds will be the same when betting on either team. If the money is too heavily wagered on one team, the sportsbooks will alter the spread during the week to encourage bettors to wager on the other side sportsbooks want the money evenly split.

But not to worry, your bet is locked in with the spread that you wagered on. Check out our point spread betting guide to learn more about betting against the spread in the NFL.

While less popular than betting the spread, the NFL moneyline is the easiest football bet to understand. When betting the moneyline, you are simply picking the team that will win the game.

Returning to our sample line above, Dallas remains the favorite on the moneyline, as indicated by the negative number next to the team name. Moneyline bets are easy to understand, but they offer a poor return on investment when betting on the favorite.

To learn more, check out our detailed guide to moneyline bets. Instead, your focus is strictly on how many points will be scored overall. Again, the half-point hook is present to prevent a push. You have two options when betting totals: over more than Odds will generally be the same for betting either the over or the under, and the total set by the sportsbook can change throughout the week.

You will see the total listed twice in case the odds do differ between the two options. See our guide to totals betting to learn more.

With anywhere from matchups to choose from, you may want to bet on more than one game each week. Parlays and teasers allow you to do just that, and they can be very profitable options for those who know how to use them.

In simplest terms, a parlay bet is one that involves more than a single event. For example, if you want to take the Cowboys to cover the spread from our example above , and are confident the game will end over You may also be interested in betting both the Cowboys and another team to win their respective games.

Parlays make this possible. A parlay can include a combination of moneyline, point spread, or totals bets from one or more games each week. However, most sportsbooks will not allow you to bet the moneyline and the spread in the same game. Some sportsbooks will allow unlimited events in a parlay, while others cap a maximum number.

NFL same-game parlays offer sports bettors a chance to correlate wagers and create more favorable odds for any given game. When constructing a parlay, your potential payout is increased, as you need to get all events correct.

This allows you to risk less for more winnings. But keep in mind, there is no prize for getting seven of eight events in a parlay correct. Have a try with our parlay calculator to get a sense of the possibilities.

A teaser is a type of parlay, in which all bets are against the spread or the total, and the bettor sacrifices potential payout for more favorable spreads. This would result in Kansas City getting As mentioned, though, your potential payout is dramatically decreased because you are getting much more favorable spreads.

You can also use teasers when betting on the total. Certain sportsbooks offer a long list of alternate spreads to choose from in each game.

This will allow you to work the spread in either direction for each game. As was the case with a parlay, you need to get all events correct in a teaser to win the bet.

You can also bet on how well one player will perform, who will win team and individual awards, and even the outcome of a single play. Propositions, or props, are most popular during the Super Bowl, but are available throughout the NFL regular season as well.