Football odds can be confusing, but knowing how they work is an essential part of a successful wager. Whether you’re betting on the NFL or your favorite team in Fantasy Football, odds can help you make the most of your bets.
How to read odds
When betting on football, the most common type of wager is point spread betting. In this type of betting, the favorite will have a minus sign next to their odds and they must win by more points than the spread in order to pay off your bet. An underdog will have a plus sign next to their odds and they must win outright or lose by fewer points than the spread in order to win your bet.
How to bet on the Over or Under
A key element in determining NFL odds is the pace of a game. Teams that move quickly will have more opportunities for scoring and lean to the Over, while those that slow down will lean towards the Under.
How to find the best odds
A great way to start your betting journey is by looking at the opening line for a game. You can find the opening line in the ‘Open’ column on the left of the screen. Compare this to the current odds and see how much a line has moved over time.
How to calculate odds
Odds are used to represent the probability of an outcome and can be displayed in a number of formats, including American odds, decimal odds, and fractional odds. Probability estimations can change over time as bets come in, and odds from different bookmakers can vary significantly. nearest bookies