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NFL Football Betting 101 - Lean How To Bet On FootballThe NFL announced today its 17-week, 256-game regular-season schedule for 2007, which kicks off on Thursday night, September 6 and concludes on Sunday, December 30.
NFL Football is arguably the most popular sport to bet on in America today. NFL Football is one of the sports that commonly uses spread bets.
Remember the football spread on any given game may change during the week. So to make sure you've got the latest pro football point spread for each game, be sure to check back often during the preseason for free updated NFL football point spreads. Also be sure to check back next week for NFL point spreads for week 1 when the Saints take on the Colts for the 2007 regular season kickoff.
Feel free to bookmark the NFL pointspread page so you'll have quick access to all the latest NFL pointspreads online
Straight Bets, Parlays, Teasers...
Brief explanation of the different types of bets to wager on football (NFL).Straight BetsThe team wagered on must win by the point spread given at the time of the wager. For straight wagers, unless otherwise indicated, the odds are $1.10 to win $1.00. Games that tie are considered "no action" and money is re-deposited back into your account. Due to changing events, the point spread may fluctuate at any time.
Example: Player wagers $110.00 on Cleveland -6 to beat +6 If San Diego wins by more than 6 points the player wins $100.00 so the total payout including the initial wager would be $210.00. If Cleveland only wins by 6 points then the game is considered "no action" and all money is returned to the bettor. If the Cleveland wins by less than 7 points the wagers is lost.
Totals(also known as Over/Under bets)The combined score of both teams for games wagered on, all totals lay $1.10 to win $1.00 unless it is otherwise indicated.
Example: The player lays $110.00 on the OVER in the NY Jets/Dallas game. The total for the game is 45. If both teams' combined score is more than 45 than the player would win $100.00. If the combined score is equal 45 the game is considered "no action" and the money is returned. If the combined score is less than 45 then the wager is lost.
Money Line WagersThe team wagered on just has to win the game. The amount you lay or take for each game may vary. The money line that is read to at the time of your wager is the money line you keep regardless of any line movement.
Example: The player wagers on Miami -160 at Minnesota +260. If Miami wins then the player would lay $160.00 to win $100.00. If the player bet on Minnesota then the player would lay $100.00 to win $260.00
Halftime WagersHalftime wagering is simply a wager only on the score of the first, or second half of a contest. The line offered will be a pointspread, a moneyline, or a combination of the two, but the wager applies only to the score of the halftime period specified.
Parlays(also known as Multiples or Combos)
This is a bet of 2 or more teams (selections) or propositions in no particular order. All teams wagered on in a parlay must win. If there is a tie, or "no action" among the selections made, the parlay reverts down to the next lowest number for payoff. In the case of a 2-team parlay, it will revert down to a straight wager. No parlay bets will be accepted where individual "selections" are connected. For example, you cannot parlay the over of the first half of a football game with the over of the total game, because the two are 'connected'
Example:Player wants to make a 5 team parlay: San Diego -7 Chicago +3 St. Louis -4 New England -10 Cincinnati -8
If all these games win then the player would have won at 20-1 odds. If only 1 team loses then the entire parlay loses.
Parlays are a very exciting way for the sports betting enthusiast to WIN VERY LARGE AMOUNTS OF MONEY WITH VERY LIMITED RISK! Just look at the simple payout chart below to see how much you'll win by betting just $250 on the parlay combinations.
Typical Parlay Net Winnings for a $250 bet:
2 Teams$650 3 Teams$1500 4 Teams$2500 5 Teams$5000 6 Teams$10,000
Sign Up And Place Your Parlay Or Teaser action Now!
TeasersA Teaser is a selection of two or more teams in one wager in which the point spread is adjusted in your favor. The number of teams selected and the number of points selected determines the payout odds. A "Tie" or "No Action" and a "Win" on a two team teaser shall constitute a "No Action" wager. A "Tie" or a "No Action" and a "Loss" on a two team teaser shall constitute a "Losing" wager. Ties on a three or more team teaser shall revert to the next lowest betting bracket. (Example: A tie on a three team becomes a two team teaser.)
Typical Teaser Net Winnings for $250 bet: options 2 Teams 3 Teams 4 Teams 5 Teams 6 Teams 6 pts $227 $450 $750 $1125 $1500 6.5 pts $208 $400 $625 $1000 $1375 7 pts $192 $350 $500 $875 $1250
Future Book WagersA "futures" wager is a bet placed on an event that is scheduled to occur at some future date. For instance, prior to the beginning of the regular season for each major sport, odds will be established for each team to win their individual division, conference and seasonal championship.
Another type of "future" wager that has become extremely popular is the over/under wager for the total number of victories for the entire season for a given team.
Proposition Bets (Exotics)Simply put, Proposition/Exotic Bets may generally be considered as any wager other than a straight "side" or "over/under" wager. More specifically, these wagers usually involve specific events and occurrences that happen throughout any given game. We have listed some examples for you below.
Props/Exotics will be offered on the more marquee games on the betting menu. These include, but are not limited to, Sunday and Monday night NFL games, various NCAA Football games, major Bowl games, and most Playoff and Championship games. There are also many other miscellaneous events that Props and Exotics will be offered for.
Examples and Definitions of Common Props/Exotics
* Which team will be the first to score?
The team that scores first in the game (touchdown, field goal or other). This bet will be taken off the board for wagering 15 minutes before the scheduled kickoff time because the coin has been tossed and the team who will have the first possession of the ball is known.
*Which team will be the last to score?
The team that scores last in the game (touchdown, field goal or other, overtime included).
* Will either team score in the first X minutes and XX seconds of the game?
* Will the first score of the game be a touchdown (overtime included)?
* Will the last score of the first half be a field goal?
* Will either team score in the last 2 minutes of the first half?
* Will the team that scores first win the game?
* Will either team have 3 or more unanswered scores?
* Will either team score 3 times without the other team scoring in between (touchdown or field goal, conversions do not count)?
* Will the longest touchdown be over or under XX yards?
* Will the shortest touchdown of the game be over or under XX yards?
* Which half will have the most points scored in it by both teams combined (overtime included in the second half)?
* Will the total field goals made by both teams combined be over/under X?
* Will Quarterback X throw an interception?
* Will the total rushing yards by Running back X be over or under X?
* Which team will have the most penalties?
* Will the total sacks made by both teams combined be over or under X?
* Will the total fumbles lost by both teams be over or under X?
* Will the total points scored by a team be over or under X?

Alternate point spread (works exactly the same as the normal point spread).
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The definitions and explanations of sports systems terms will follow as we define them one by one in our list / glossary / dictionary. Check out our Horse Racing Betting Terms List for additional explanations to more terminology.
Action - A bet or wager. Also refers to a baseball bet that is valid regardless of pitcher.
Added Game - A game that is not part of a regular rotation but posted due to increased interest by the sports systems sites.
AFC - Acronym for "American Football Conference".
ATS - Acronym for "Against the spread". A bet that refers to either get or giving up points in the wager.
Bet - A wager.
Betting Systems - Refers to a set of factors that when all point towards a given team has performed exceptionally well in the past.
Beard - Someone that places bets for another individual to hide the true identity of the real bettor.
Book - An establishment that accepts wagers.
Bookie - A person who accepts wagers.
Bounceback - Also spelled "Bounce Back". Refers to a team's propensity to come back and play exceptionally well from a poor performance.
Buck - A $100 wager.
Buck Bettor - An individual whose regular bet amount is $100.
Buying Points - Paying an additional price in "juice" to receive half a point or more on a point spread game.
Chalk - A favorite.
Chalk Player - An individual that generally bets on favorites.
Circled game - A game that the sports systems sites and sportsbooks have reduced the systems limit because of injuries and weather. Also applies to bets on propositions or halves of games. These games cannot be included in parlays or teasers.
Contrarian - Refers to systems against the public.
Cover - When a favorite wins by a larger amount than the spread. Also applies to an underdog that wins or loses by less than the spread.
Days Rest - Refers to the total number of resting days a team had between its last game to its current game.
DD - Acronym meaning "Double Digit".
Dime - $1000.00
Dime Bettor - A gambler that risks on average $1000.00 per wager.
Dime Line - A line where the juice is 10%.
Dog - The team that is getting points in a point spread game.
Dog Player - An individual that generally plays underdogs.
Dollar - $100
Dollar Bettor - An individual that generally bets $100 per wager.
Double action - An "if bet" that is processed if the precedent bet wins, ties or cancels.
Double Bet - A wager that is twice a gambler's general wager.
Double header - Two separate games played on the same day between the same two teams.
Double Revenge - Refers to fact that a team is on a two game losing streak against its current opponent.
Double Units - See "Double Bet".
Edge - Advantage.
Even Money - A bet whose odds payout the same as what is risked.
Exotic Wager - A non traditional bet such as first half, second half, futures, run lines or money line wagers.
Favorite - A team or horse expected to win an event.
Fifty cents - $50.00
Fifty cents Bettor - An individual that generally bets $50.00 per wager.
Final Four - Refers to the semifinal round of the March Madness NCAA Basketball Tournament when only 4 teams remain.
First half bet - A bet on the first half of the game.
Future - Odds posted in advance on the winners of various major events including the Super Bowl, the World Series, the Stanley Cup, the NBA Basketball Championships, and March Madness.
Gambling Systems - See "systems".
Getting Down - The act of making a wager.
Grand Slam - Refers to the 4 most important tennis tournaments: the Australian Open, the French Open, the US Open, and Wimbledon.
Grand Salami - The grand total of goals scored in all the hockey or baseball games of the day. It can be wagered to go Over/Under.
Half a dollar - $50.00
Half a dollar Bettor - An individual that generally bets $50.00 per wager.
Half time bet - A bet that is placed at half time of basketball or football. The NFL and NFL odds at halftime are set based on the result of the first half.
Handicapper - An individual that wagers on sports and horse races.
Handicapping - Refers to the study of predicting outcomes of sports.
Handicapping Systems - See "systems".
Handle - Amount of money taken in by a sportsbook.
Hedging - Refers to the act of systems on both sides of a wager to cut losses or guarantee a minimum amount of winnings.
Home team - The team playing in their own stadium.
Hook - A half point added to football and basketball systems odds.
Hot game - A game that most sports handicappers are all over the same team.
IBF - International Boxing Federation
Juice - The commission the sports systems sites get for a losing bet. Also referred to as "vigorish."
Laying the points - The act of giving up points in what is referred to as the spread when systems on a favorite.
Laying the price - Betting the favorite by laying money line odds on either NBA, NFL, or MLB.
Limit - The maximum amount a sports systems site allows its customers to bet before a line or odds change.
Line - The current point spread odds for NBA and NFL. Check out the sports systems odds comparison page.
Linemaker - The person who sets a systems line.
Listed Pitchers - A bet on baseball that is only valid if the pitchers listed during the wager throw the first pitch of the game. Otherwise the bet is cancelled.
Lock - A wager that is perceived to be a "can't lose" proposition.
Looking Ahead - Refers to a team's propensity to overlook their current opponent because their next opponent is either really good or a big rival.
March Madness - Refers to the excitement that happens in March when the NCAA Basketball Championship Tournament is going on.
Middle - Betting on both teams of the same contest at different odds and winning both wagers.
MLB - Acronym for "Major League Baseball".
Money line - Odds expressed in terms of money risked or won if systems $100. A positive number refers to an underdog and expresses the amount of money won if systems $100. A negative number refers to a favorite and expresses the amount of money necessary to risk to win $100.
MVP - Acronym for "Most Valuable Player". This is the award given to the best player during the regular season and playoffs in each of the sports.
NBA - Acronym for "National Basketball Association".
NCAA - Acronym for "National Collegiate Athletic Association".
NFC - Acronym for "National Football Conference".
NFL - Acronym for "National Football League".
NHL - Acronym for "National Hockey League".
Nickel - $500.00
Nickel Bettor - A gambler that generally bets $500 per wager.
Nickel line - A line where the juice is 5%.
NIT - Acronym for "National Invitational Tournament".
No action - A bet that is either cancelled or results in a tie.
Off the board - A game that the bookmaker will not accept bets either because of increased handle, injury updates, or the game is in progress.
One - $100.00
Outlaw Line - A line set overnight.
Over - A bet on the combined point total of two teams to go over the vegas Total.
Overtime - Played when two teams are tied after regulation to determine a winner.
Parlay - A bet on 2+ games on one ticket that requires all the mentioned team to win or push to result in a winning proposition. Leads to an increased payout.
Pick 'Em - A point spread that refers to systems both teams on the money line for regular juice. Neither team favorite.
Point spread - The predicted scoring differential between two teams.
Postponed - A contest cancelled and rescheduled for a later date.
Press - To bet a larger amount than one's normal amount.
Price - The odds or point spread of a game.
Prop - See "Proposition Bet".
Proposition Bet - A special wager offered by the sports book on unique and various topics such as what the coin flip in the Super Bowl will be or who will win the next presidential election, or how many points Shaquille O'Neal will score.
Public - Refers to the generally novice bettor.
Push - When the contest ends with no winner or loser because the spread made the two teams will result in a tie.
Rained out - A baseball game that is cancelled or postponed because of weather.
Revenge - This is the concept in sports systems referring to a team that its previous encounter with its current opponent.
Round Robin - A list of three or more teams all wagered in a series of individual 2-team parlays.
Run down - All of the lines for a given sport on a given day.
Run line - A spread used in baseball instead of the Money Line.
Sharp - Refers to an experienced and knowledgeable individual in the sports handicapping field.
Sharp Money - Refers to handle taken in by the bookies from experienced and knowledgeable sports handicappers.
Single Revenge - Refers to fact that a team is on a one game losing streak against its current opponent.
Straight bet - A bet on just one team.
Straight Up - Refers to taking a team or a team's outright win or loss performance in the game regardless of spread.
SU - Acronym for "Straight Up".
SUL - Acronym for "Straight Up Loss".
SUW - Acronym for "Straight Up Win".
Superbowl - Final game of the football season to determine the NFL Champion. Pitted against each other are the winners of the AFC and NFC
Sweet Sixteen (16) - Refers to the round of the March Madness NCAA Basketball Tournament when only 16 teams remain.
Taking the points - Betting the underdog whereby getting points for it.
Taking the price - Accepting money odds in your favor for systems on an underdog.
Teaser - A teaser is a special type of parlay in which you adjust the point spread or total of each individual play to your favor by adding points. The pay off odds for winning wagers on teasers are much lower because of adding points.
Ticket - A wager.
Tie - A game that results in both team's scoring the same number of points. Only occurs in Football regular season and in Hockey.
Total - The combined amount of runs, points or goals scored by both teams during a match.
Totals Bet - A proposition bet on an over or under proposition on the total number of points. Check the line posted by the sports book.
Tout - An individual that has a sports handicapping service and sells their expertise.
Triple Revenge - Refers to fact that a team is on a three game losing streak against its current opponent.
Under - A bet on the combined point total of two teams to go below the vegas Total.
Underdog - The team perceived to be most likely to lose.
Unit - Refers to the average wager amount for an individual.
Value - Getting odds on a systems proposition that is perceived to be a winning wager at a greater probability than the odds indicate.
Vigorish - See "juice".
WBA - Acronym for "World Boxing Association".
WBC - Acronym for "World Boxing Council".
Wise guy - A sports handicapper or bettor that is particularly knowledgeable on one team or conference that he/she is systems on.
Zig-Zag - Also written as "zigzag" or "zig zag". Refers to the concept in the NBA playoffs where a team will be more likely to win against the number if it lost its previous game. Read our Zig-Zag Betting in the NBA Playoffs to see systems currently in place helping us win money.