Football betting of online sportsbooks and mobile betting apps, it’s easier than ever to place wagers on football games. However, betting on football profitably over the long run requires skill, research, and discipline.
Different types of football bets
There are many different ways to bet on football. Knowing the various bet types and how they work is key to betting intelligently. Here are some of the most common football wagers:
- Moneyline– This is a straightforward bet on who will win the game. Odds are adjusted based on the strength of each team. Favorites have negative odds (bet $100 to win $90), while underdogs have positive odds (bet $100 to win $110).
- Point spread– The point spread evens the playing field by giving the underdog team an advantage. If the spread is Patriots -7, the Patriots must win by more than 7 to “cover the spread.” Spreads typically have odds of -110 on both sides.
- Totals– Also called over/under, total bets are wagers on the total combined points scored in a game. Oddsmakers set a benchmark number and you bet whether the actual score will be over or under.
- Parlays– Parlays involve making multiple bets on one wager ticket. All bets must hit for the parlay to payout. The risk is higher but so is the potential payout.
- Teasers-Teasers allow you to adjust the point spread in your favor. In exchange, you must bet on multiple games in one wager. It reduces risk but also potential winnings.
- Props– Proposition bets are wagers on occurrences within a game like player performances. Example: How many TD passes will Quarterback X throw?
Have a staking plan
Determining sensa 69 bet sizing and how much to risk on each wager is vitally important. Most experts recommend risking 1-5% of your bankroll on each bet. But you also want to maximize potential returns, so finding the right risk/reward balance is key. Have a staking plan in place before starting and stick to it.
Practice solid bankroll management
Bankroll management ties closely to staking. To survive the ups and downs of betting on football, you need to avoid betting more than you can afford to lose and avoid chasing losses. Have a dedicated sports betting bankroll and set loss limits per session, day, or week. Only bet what you have designated for sports betting and be ready to lose it as the cost of doing business.
Leverage promotions and bonuses
One way to boost your potential returns on football bets is by taking advantage of sportsbook promotions like risk-free bets, boosted odds and odds boosts. Signing up for multiple books allows you to shop for the best promos. Pay close attention to the terms and know the play through requirements before accepting bonus offers.
Make betting a long game
Successful football betting requires patience, discipline, and realistic expectations. There will be winning and losing stretches. Don’t chase losses or go on tilt. Stick to your process during downswings and the results will come over time. Think long-term instead of expecting to win every bet. It is possible to erase one weekend’s losses the following weekend.