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A Beginners Guide To Wagering On NFL/College Football (9/10/23)

Sep 10, 2023 · 22m 6s
A Beginners Guide To Wagering On NFL/College Football (9/10/23)
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Wagering on American football, commonly referred to as sports betting or football betting, involves placing bets on various aspects of American football games, primarily in the context of the National...

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Wagering on American football, commonly referred to as sports betting or football betting, involves placing bets on various aspects of American football games, primarily in the context of the National Football League (NFL) and college football. Here's a summary of key elements involved in wagering on American football:
  1. Point Spread Betting: Point spread betting is one of the most popular forms of football wagering. Oddsmakers set a point spread for a game, designating one team as the favorite and the other as the underdog. Bettors can wager on whether the favorite will win by more points than the spread ("covering the spread") or if the underdog will either win outright or lose by fewer points than the spread.
  2. Moneyline Betting: Moneyline betting is a straightforward bet on which team will win the game outright, without considering the point spread. Odds are assigned to each team, with favorites having lower payouts and underdogs offering higher payouts.
  3. Over/Under (Total) Betting: This type of bet involves predicting whether the total points scored by both teams in a game will be over or under a set number (the total). Bettors can wager on whether the combined score will exceed (over) or fall short (under) of the posted total.
  4. Parlay Betting: Parlay betting allows bettors to combine multiple bets into a single wager. To win a parlay, all individual bets within it must be successful. While parlay bets offer higher potential payouts, they are more challenging to win due to the increased risk.
  5. Teaser Betting: Teaser bets are a variation of point spread and totals bets where bettors can adjust the point spread or total in their favor by a specified number of points. However, this comes at the cost of reduced odds and potential payouts.
  6. Futures Betting: Futures bets involve wagering on outcomes that will be determined at a future date, such as betting on the Super Bowl champion before the NFL season starts or predicting the winner of a division or conference.
  7. Prop Betting: Proposition bets, or "props," are bets placed on specific events or occurrences within a game, such as the first team to score, the number of touchdowns by a player, or whether a specific player will reach a certain statistical milestone.
  8. Live Betting: Also known as in-game betting, this type of wagering allows bettors to place bets on various aspects of a game while it is in progress. Odds and options are continuously updated to reflect the changing dynamics of the game.
  9. Spread, Moneyline, and Total Betting: These are basic bet types that are available for each NFL and college football game, allowing bettors to choose between point spread, moneyline, or total bets based on their preferences and strategies.
  10. Research and Analysis: Successful football betting requires thorough research, including studying team statistics, player performance, injuries, weather conditions, and other factors that may impact the outcome of a game.
In this episode we take a basic look at what it takes to wager on NFL or college football and history that goes along with it.


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bobbycapucci@protonmail.com
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Author Bobby Capucci
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