In this NFL Betting Tutorial for beginners, we will explore Other NFL Betting Options that are a bit more complex. While some people may find them complex, they are simple once you understand them. Either way, they are a fun way to bet on the NFL while using your favorite sports betting app or website.
In addition, the different sports wagers make the game more exciting and, in some cases, have bigger payoffs. Furthermore, we will go over common betting terminology to help you understand the art of betting on the NFL better.
NFL Betting Options to Choose From
NFL Parlay Bets
A Parlay is an NFL Betting favorite amongst many people. This is because it allows people to bet small while having a larger reward. A Parlay Bet is a combination of 2 or more bets which must all be won to win the bet. Since it is more difficult to win, the payoff is much larger than making 2 or more individual bets.
In General, the odds of winning the Parlay Bets are around the following:
· 2 Team Parlay: 2.5-1
· 3 Team Parlay: 6.5-1
· 4 Team Parlay: 13-1
· 5 Team Parlay: 25-1
· 6 Team Parlay: 50-1
· 7 Team Parlay: 100-1
NFL Teaser Bets
In sports gambling an NFL teaser bet is classified as a variant of a parlay bet. This type of wager permits the bettor to adjust the point spread for a particular game, thereby increasing the likelihood of winning the bet. However, in return for this advantage, the sportsbook will reduce the potential payout awarded to the bettor upon a successful outcome.
A teaser bet means you can bet on 2 or more games while adjusting the betting odds. Most sportsbooks will allow their bookie software to adjust the point spread up to 6-7 points. However, there are many more options when it comes to betting on a teaser. In short, a teaser allows you to increase the odds of winning your wager. However, the price of betting a teaser is that the winnings will be less.
Teaser bets can be formulated using nearly any assortment of smaller wagers, similar to a parlay bet. Including a greater number of individual bets in your teaser increases the potential payout, yet simultaneously makes the bet more challenging to win.
NFL Prop Bets
First off, what is a prop bet? A Prop bet is usually on an individual team or player’s performance. For example, betting on the coin toss or betting that a player will score 30 points before the halftime. NFL Prop bets are especially popular during a major sporting event like the Super Bowl or the World Series.
Of course, NFL prop bets are not just limited to the outcome of a game. There is wide array of betting options is available for enthusiasts. NFL betting trends encompass prop bets, commonly referred to as side bets. These side bets may involve predicting the Most Valuable Player of a specific game, estimating the points a particular player will achieve, determining which team will accumulate the highest rushing yards, along with numerous other ancillary wagers that can enhance the excitement of the game.
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