American football continues to be one of the most popular sports you can bet on. There are numerous ways you can place bets on football.
Here are some of the most common football bets that you can make online.
Betting systems specific to football
Statistics play a big role in most betting systems used in football. The reason for using betting systems is to try to exhibit some control over how you bet. Betting systems require criteria to be met before you make a bet. So, by their very nature, they are a way of betting that implements discipline.
Betting based on motivation
Let’s take a look at two factors that contribute to betting based on motivation.
One factor is that if a team loses by a considerable amount the week before, you would bet on it to win the next week. This is because when a team has been beaten so badly, no doubt the players are getting an earful from everyone.
Now the players are motivated to practice harder and focus more during their practice sessions and the upcoming game.
You might also bet on a team that was winning the majority of the game the week before and then all of a sudden lost in the fourth quarter. This is a real shell shocker to the team’s confidence or overconfidence, as the case may be.
Nevertheless, this team is motivated once again to redouble its efforts the following week. So you bet on it to win the next game based on the motivation system.
Consideration of the bye week
Another approach that you could consider for a betting system is betting based on statistics of how a team traditionally does following a bye week.
Not only should you take into account just how a particular team does after bye weeks, but you need to also look at statistics of the quarterbacks of each team.
Examine how well they have done in the past when coming off a bye week. You also should take into account how well the team you want to bet on is doing in the present season.
Sure, it may have a lousy record coming off bye weeks the past five years, but is it undefeated this season?
Betting systems are not always reliable, but many people use them.
The way parlay bets work is that you bet on multiple games but combine them all into one bet. Some sites will allow you to bet on up to 25 teams, although most will have a much lower limit on the number of teams you can bet on in a parlay.
Parlay bets have a bigger payout than straight bets; however, all of your teams must win or cover the point spread for you to win at all. If any of the teams you bet on lose, then there goes your entire bet.
Let’s say you have a three-team parlay bet and the first game results in a tie. At this point, your bet would revert to a two-team parlay bet.
Moneyline favorites parlay betting
For this type of bet, be on the lookout for games where the favorite is undervalued and the odds look slightly higher priced than usual.
Ideally, this works best when betting on three or four favorites that have substantial value on the moneyline. The payouts for this strategy are not huge, but if applied correctly, can provide consistent wins.
Let’s give an example:
- Dallas Cowboys (-550)
- Washington Redskins (-450)
- New England Patriots (-600)
You could win $68.52 on a $100 parlay bet with these particular odds. Once again, not huge but the likelihood of winning this parlay is pretty good.
The advantage of progressive parlays
So, you might be thinking that this parlay idea will only lead to disappointment since if one of your teams loses, you lose, period.
Take a look at progressive parlays that are offered on certain betting sites. The odds are lower, and you must select four teams. However, if you lose one, you can still win off the remaining three. Some sites even allow you to lose two out of the four and still come out with something.
Look at this like bumper bowling for parlay betting.
Over/under bets are extremely popular and simple by their very nature. Let’s take a look at the most common total scores in the NFL over the past 10 years.
One of the most common total scores is 37, usually resulting from a game with a score of 27-10.
The other most common total score is 41, usually resulting from a game with a score of 21-20
Let’s say the Washington Redskins are playing the Dallas Cowboys.
So if the total betting line is 37.5, the over is -125 and the under is +105, this is how things will pan out.
If you bet $125 on the over, you will win $100 if the total score is 38 or more. If you bet $100 on the under, you will win $105 if the score total is 37 or less.
Proposition bets are another common, fun and simple way to bet on football. You can bet on many different scenarios, such as which team will score first, if the coin toss will be heads or tails or which team will get a penalty first.
Now, on a prop bet of which team will get penalized first, that doesn’t mean whichever team has a flag thrown on it first. The penalty could be declined; therefore that team didn’t get penalized.
Experience is the best teacher when it comes to prop betting in football. You just have to get your hands dirty and jump in to get a good feel for the odds.
Betting on the spread
Betting on the point spread is the most common bet in football. In this situation, you bet on if you think a team will win or lose by a set number of points.
When betting on the point spread, you want to make informed decisions. Thus, you should research both of the teams that are playing.
Look into how they have been playing and how they fare against each other. This type of betting also motivates people to bet on the underdog.
Betting on the spread is not to be confused with over/under betting. When you bet on the spread, you are only betting on one team.