How to Bet on NFL – NFL Betting Strategies

NFL betting sites, strategies and upcoming matchup odds. Learn how to bet on the NFL. It’s easy! Our friendly guide discusses easy and exotic bets, futures odds and the best betting sites. See the latest Super Bowl and conference futures odds. Crush your bookie this season courtesy of SportsBetting3.com.

NFL Betting Sites
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Chapters

  1. Current Matchup Odds
  2. Easy Bets
  3. Exotic Bets
  4. How Teams Make the Playoffs
  5. NFL Season Win Totals
  6. Super Bowl & Conference Futures
  7. Live NFL Odds
  8. NFL Team Pages

Current Matchups

Next 12 NFL Matchups
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Game
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Bet
Giants
Patriots
8/11/22 7:00pm EDT
Titans
Ravens
8/11/22 7:30pm EDT
Falcons
Lions
8/12/22 6:00pm EDT
Browns
Jaguars
8/12/22 7:00pm EDT
Cardinals
Bengals
8/12/22 7:30pm EDT
Jets
Eagles
8/12/22 7:30pm EDT
Packers
49ers
8/12/22 8:30pm EDT
Chiefs
Bears
8/13/22 1:00pm EDT
Panthers
Commanders
8/13/22 1:00pm EDT
Colts
Bills
8/13/22 4:00pm EDT
Seahawks
Steelers
8/13/22 7:00pm EDT
Dolphins
Buccaneers
8/13/22 7:30pm EDT

How NFL Betting Works

This tutorial has two sections. The first contains the most common NFL bets. These include the spread, total and moneyline bets. Winning sports bettors stick these bets. They’re the most profitable in the long haul.

The second section outlines exotic NFL bets. These include the parlay, teaser, if bet, parlay card and props. Be careful! They all come with a higher house edge. Smart handicappers only place these wagers when they think they have an advantage.

Easy NFL Bets

NFL Spread Betting

Bet is made on the expected score difference.

Taking the Underdog
Add the spread to the underdog’s final score. The underdog wins if the sum is greater than the favorite’s final score.

Taking the Favorite
Subtract the spread from the favorite’s score. The favorite wins if the difference is greater than the underdog’s final score.

Identifying the Spread
The spread is the smaller of two numbers next to each team. The larger number is the total.

Sportsbook odds specify the juice to the right of the spread. This is the amount of money you bet to win $100. Assume -110 when no number is given. -110 is standard odds or full juice.

NFL Spread Example

New York 3½ -112
Green Bay 44½

  1. Bettor chooses favorite New York Giants. They must win by 3.5 points.
  2. The favorite’s juice is -112. Lay $112 to win $100.
  3. Giants win the game 24-21.
  4. Bet wins if favorite’s score minus spread is greater than underdog’s score.

Result: Giants 24 – 3.5 = 20.5. 20.5 is less than Packers’ 21. Green Bay covers spread.
Favorite bettors lose. Underdog bettors win.

Note: Tie bets are possible when the spread is a whole number, for example 3, 6, 7 or 9. Your bet will be returned if the final result ties the spread.

Consider the example above with New York as the 3 point favorite. A final score of 24-21 means New York tied the spread. The final 3 point difference (24-21) equaled the 3 point line. Bets for the both the favorite Giants and underdog Packers would be returned.

SportsBetting3.com Live NFL Bets Explained

Live Example NFL Bets Explained

Game
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Bet
Giants
Patriots
8/11/22 7:00pm EDT

Underdog New England Patriots - New England Patriots bettors risk $100 to win $83.33 at -120 odds.

A +1.5 New England Patriots underdog bet wins if they lose by 1, tie, or win outright. Your bet loses if they lose by 2 or more.

Favorite New York Giants - New York Giants bettors risk $100 to win $97.09 at -103 odds.

A -1.5 New York Giants favorite bet wins if they win by 2 or more. Your bet loses if they win by 1, tie, or lose outright.

More Info

Watch our spread betting video and read our complete spread tutorial here. You’ll also find NFL key numbers, strategies, spread to moneyline converversion and other insights.

NFL Total Betting

Sportsbook estimates a combined point total. Bettors decide whether final result will be over or under this number. Final point total includes overtime result.

Identifying the Total
The total is the larger of two numbers next to each team. The smaller number is the spread. Sportsbooks specify the total bet’s juice to the right of the line.

Choosing a Side
One side of the bet may have different juice than the other. NFL betting odds will abbreviate over as “o” and under as “u”. The more expensive side will be provided. For example, 41 o-117 means anyone betting over 41 will lay $117 to win $100.

Assume -110 when no number is given. That means the juice for both the over and under is -110. Bettors taking either side will lay $110 to win $100.

NFL Total Example

New Orleans 41
Chicago 6½

  1. The total line is 41. The over and under both have -110 juice because no other value was indicated.
  2. Over bettors believe the final total will be greater than 41. They lay $110 to win $100.
  3. Under bettors believe the final total will be less than 41. They also lay $110 to win $100.

Result: Final total is 45. This number is greater than 41. That means all over bettors win.

Note: A total equaling 41 means all bets push. Your wager will be refunded.

More Info

Our total betting video makes the over under bet easy to understand. The reference section explains how to calculate the value for the opposite side of the line when sportsbooks charge more than -110 juice. Note, most sportsbooks provide juice for both sides of a line at their websites. Calculating the opposite side is only necessary when viewing abbreviated third party odds tables.

NFL Moneyline Betting

Bet is made on the outright winner. A positive number indicates the underdog. A negative number indicates the favorite. Two -110 numbers mean the matchup has no specific favorite.

Negative numbers indicate how much you risk to win $100.
Positive numbers indicate how much you win for risking $100.

The juice is included in each moneyline. Sportsbooks usually add 10 cents commission to each side. A -220 true odds favorite would get a -230 line. A +150 true odds underdog would get a +140 line.

Sportsbooks don’t display moneyline odds with spreads and totals. Moneylines will be provided on a different table or page. Look for “ML” or “Moneylines” on your sportsbook’s odds page.

NFL Moneyline Example

San Francisco -190
Dallas +170

  1. The San Francisco 49ers are the favorite. The Dallas Cowboys are the underdog.
  2. San Francisco bettors lay $190 to win $100. Dallas bettors win $170 for risking $100.

Note: A tie means all bets push. Your wager will be refunded.

More Info

Our moneyline video explains this bet completely. The entire moneyline tutorial also includes useful tips and strategies. Use the reference section to convert Moneyline odds to equivalent Fractional or Decimal values. Note required break even percentages for moneyline odds.

Exotic NFL Bets

NFL Parlay Betting

Combine 2 or more spread, moneyline or total selections. Parlay wins if all selections win. Parlay loses if any selection loses.

NFL Parlay Directions

  1. Select 2-15 spreads, money lines, totals or combinations of all three.
  2. Matchups from other sports like basketball, hockey or baseball can be included.
  3. All selections must be correct to win.
  4. Each tie reduces parlay size by 1 selection. Review your sportsbook’s parlay rules carefully.

More Info

Learn more about NFL parlay betting with our handy infographic. We’ve explained the parlay bet in a simple visual format.

The complete parlay article has examples and suggested betting options. It includes a thorough discussion about what happens when one or more parlay selections tie.

The reference section also discusses the difference between standard parlay odds and true odds.

Tip for Winning Bettors
Always choose the parlay over separate straight bets. Your +EV (expected value) is much higher for a winning parlay. Winning sports bettors should always choose the most profitable bet available.

NFL Teaser Betting

Combine multiple spread and total bets into a modified parlay. Buy points to shift lines in your favor. Winning teaser bets receive a lower payout than the same straight bets with unmodified lines.

Teaser Bet Exclusions:
Moneylines, Props and Futures cannot be added to a teaser bet.

NFL Teaser Directions

  1. Select 2-10 spread bets, total bets or combinations of both.
  2. Buy points to shift lines in your favor. The more points you purchase, the lower your potential payout.
  3. Favorites can now win by fewer points. Underdogs can now lose by more points.
  4. The Under is now more likely with higher total. The Over is now more likely with lower total.
  5. All selections must be correct to win.
  6. Note: Sportsbook tie bet rules vary. Each tie reduces payout by 1 selection above 2 total selections.

More Info

Dig into teaser betting on our tutorial page. Our teaser bet infographic explains how to place this bet. You’ll also find a full example, sample tie rules and teaser odds from popular online sportsbooks.

NFL If Bet Win Only

Player combines multiple bets into simple If-then sequence. Next bet sees action if previous one wins. Up to 7 bets can be combined.

Why an If Bet Win Only?
Make multiple bets when you only have money for one. The maximum amount of the next bet is the prior bet’s risk and win. That makes If bets ideal for players with small bankrolls.

The If-Bet is a single action wager. Subsequent bets cannot be more than previous bet’s risk and win.

NFL Football If Bet Win Only Example

Player combines 2 bets: favorite Pittsburgh Steelers -3 -110 vs Jacksonville Jaguars and underdog Miami Dolphins +6 -110 vs Houston Texans.

  1. Player risks $220 to win $200 on favorite Steelers.
  2. If Steelers win then player takes underdog Dolphins.
  3. Maximum second bet is $420. $220 risk + $200 won from Steelers game.
  4. Player risks $330 to win $300 on Miami Dolphins.
  5. Total potential win is $200 (Steelers) + $300 (Dolphins) = $500.

More Info

Explore the if bet win only further here. Our engaging infographic explains how to place this bet from top to bottom. It’s much easier than you think!

Experienced Gamblers: The reference section compares the performance of 2 straight bets versus a 2 part if bet win only.

Hint: Straight bets are better for winning bettors. If bets are bettor for losing bettors.

NFL Parlay Card Bet

Choose 3-12 spreads, totals or player propositions from a preselected list. ½ point parlay cards are most common. They exclusively feature ½ point spreads and totals. No ties are possible. Your entire card either wins or loses.

Sportsbooks offer 3 types of parlay cards. Rules and payouts vary for each:

  • ½ Point Parlay Card
  • Ties Win Parlay Card
  • Ties Lose Parlay Card

Make at least 3 selections. Choose from spreads, totals or player props. Some cards require 4 or more prop selections.

Minimum Bet is $2. Maximum subject to sportsbook approval. Most players bet less than $100 per card. Maximum payout amounts range $100,000 – $200,000.

NFL Parlay Card Directions

  1. Parlay Cards are readily available at Las Vegas sports books. Some online sportsbooks offer parlay cards.
  2. Review all matchups and player props. Make 3-12 selections. Carefully fill out card.
  3. Ties are subject to parlay card rules. Not applicable to ½ point parlay cards.
  4. Return to sportsbook with winning receipt or stub to collect winnings.

More Info

Our Parlay Card Tutorial offers a comprehensive explanation of this popular exotic bet. It also includes an image of a real parlay card. Review each parlay card’s potential payouts. The more selections you make, the more you could win.

Each payout is fixed in advance. Be sure to read the rules section. It itemizes minimums for prop bet cards, contingencies for tie bets, and explains how to collect your parlay card’s payout.

Important: Parlay cards are like lottery tickets. They must be filled out completely. Bubble-in your selections with a good pencil or pen. Retain the card until all matchups have finished.

Note the redemption mailing address. Winning cards can be mailed in for a return check. It will save you a trip back to Vegas, not that Vegas is bad place to go!

NFL Prop Betting

Sportsbook offers odds on various events related to NFL football. Bettor decides whether an event will occur, in what quantity or both. Prop bets are considered side bets. They are not dependent on the game’s final outcome.

Season win totals are a combination prop and future bet. These bets are available before the season begins. Make sure to place each team’s bet before their first game.

NFL Prop Betting Directions

  1. Visit sportsbook’s NFL odds page. Select “Props” or “Specials”.
  2. Most props are announced before championship events. Others are available throughout the season.
  3. Each prop has moneyline odds.
  4. Make selection and bet desired amount.
  5. Sports props win or lose after applicable game, season or playoff has concluded.

Note: Some props cannot be added to parlays.

More Info

Read our expansive prop betting article here. These bets are fun and easy to play once you understand moneylines. They’re almost like a predictive multiple-choice test!

The article has multiple prop bet examples and tips. Also, a brief explanation about season win totals, one of the NFL’s most common prop bets. These bets are popular with knowledgeable sports handicappers if the numbers are right.

NFL Season Win Totals

The season win total is part prop, part future hybrid. The plus and minus values assign odds to either side of the team’s win total line. This bet functions like a total bet. Choose either over or under the sportsbook’s line.

Example Dallas Cowboys Season Wins

  • 7.5 u -120
  • 7.5 o +150

This win total line includes ½ games. That means no tie bets are possible.

Options:
Risk $120 to win $100 that Dallas wins less than 7.5 games. A result of 7 or less wins.
Risk $100 to win $150 that Dallas wins more than 7.5 games. A result of 8 or more wins.

Handicap a team’s NFL win total using its upcoming schedule, likely starters, and any recently drafted players. Remember, you can bet bet under the sportsbook’s line if the win total is too high. If you believe a team is likely to have a losing season, bet under a win total line that looks too high.

NFL Season Win Totals by Conference

2022 NFL AFC Season Win Totals
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Baltimore Ravens
2022 Season Win Total
Buffalo Bills
2022 Season Win Total
Cincinnati Bengals
2022 Season Win Total
Denver Broncos
2022 Season Win Total
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Houston Texans
2022 Season Win Total
Indianapolis Colts
2022 Season Win Total
Jacksonville Jaguars
2022 Season Win Total
Kansas City Chiefs
2022 Season Win Total
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Los Angeles Chargers
2022 Season Win Total
Miami Dolphins
2022 Season Win Total
New England Patriots
2022 Season Win Total
New York Jets
2022 Season Win Total
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Pittsburgh Steelers
2022 Season Win Total
Tennessee Titans
2022 Season Win Total
Las Vegas Raiders
2022 Season Win Total

2022 NFL NFC Season Win Totals
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Arizona Cardinals
2022 Season Win Total
Atlanta Falcons
2022 Season Win Total
Carolina Panthers
2022 Season Win Total
Chicago Bears
2022 Season Win Total
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Dallas Cowboys
2022 Season Win Total
Detroit Lions
2022 Season Win Total
Green Bay Packers
2022 Season Win Total
Los Angeles Rams
2022 Season Win Total
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Minnesota Vikings
2022 Season Win Total
New Orleans Saints
2022 Season Win Total
New York Giants
2022 Season Win Total
Philadelphia Eagles
2022 Season Win Total
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San Francisco 49ers
2022 Season Win Total
Seattle Seahawks
2022 Season Win Total
Tampa Bay Buccaneers
2022 Season Win Total
Washington Commanders
2022 Season Win Total

Tip
Place small bets. Your money will be tied up until the wager can be graded. This commonly happens at the end of the season. Or, when the team can no longer win enough games to exceed the win line. Then the under wins.

NFL Futures Odds: Super Bowl, Conference, Division

2023 Super Bowl Winner Odds

Team
BetRivers BetRivers
Buffalo Bills
Tampa Bay Buccaneers
Green Bay Packers
Kansas City Chiefs
Los Angeles Rams
Los Angeles Chargers
San Francisco 49ers
Denver Broncos
Dallas Cowboys
Baltimore Ravens
Indianapolis Colts
Cincinnati Bengals
Cleveland Browns
Philadelphia Eagles
Arizona Cardinals
Tennessee Titans
Las Vegas Raiders
New England Patriots
Minnesota Vikings
Miami Dolphins
New Orleans Saints
Pittsburgh Steelers
Washington Commanders
New York Giants
Chicago Bears
Detroit Lions
Carolina Panthers
Jacksonville Jaguars
New York Jets
Seattle Seahawks
Atlanta Falcons
Houston Texans

NFL Odds Comparisons

NFL Betting Required Reading

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