A guide to NFL betting
There is plenty of time to cash in with under a week to go before the end of the NFL season. Whether you are a bookie or a bettor, this tournament is one of the most exciting. Millions of people taking part in placing bets throughout the season. If you want to find out more about NFL betting, you are in the right place.
What is NFL?
Otherwise known as the National Football League, NFL is a professional US football league. It brings together 32 of the best teams in the country. The teams are split between the National Football Conference and the American Football Conference, and it is the highest level of professional American football globally. It takes place over 18 weeks between September and January. This year’s NFL is set to finish on Sunday, 9 January. Once this season has concluded, four winners and three wild cards will proceed to the playoffs, with the Super Bowl on 13 February. Perhaps one of the most significant sporting events globally, this game sees the top teams from the NFC and AFC compete for the final prize.
The NFL was originally formed more than 100 years ago, in 1920. The Super Bowl was then held for the first time in 1967. Overall, the tournament has the highest attendance globally, with an average of 67,500 fans attending each game. Many NFL games and the Super Bowl have ended up being amongst the most-watched broadcasts in the world. It is also the wealthiest sporting league in revenue and individual team value.
Top teams in the NFL include Green Bay Packers, Tampa Bay Buccaneers, Dallas Cowboys, Los Angeles Rams, New England Patriots, Kansas City Chiefs, and Baltimore Ravens.
What about NFL betting?
NFL betting is big business. More than 45.2 million people will wager on this NFL season, an increase of 36% on last year. This will form a chunk of the $270 million in revenue brought in by the season in 2021-2022. When we look at the picture globally, we understand hundreds of millions of people worldwide want to bet on NFL games and, of course, the Super Bowl.
How do I go about NFL betting?
If you are an individual looking to bet, the first thing you need to do is find a trusted betting platform. Online betting is far superior to offline betting. There are many easy-to-use and trustworthy sites out there that you can use to place bets.
There are three prevalent types of the bet when it comes to NFL betting. These are moneyline, total, or point spread.
Point spread. In NFL betting, a point spread is where a sportsbook comes up with a figure that provides an advantage or disadvantage on the forecasted margin of victory or defeat, in a given game and for a particular team. The favourite to win would be at a “disadvantage” as it would have to secure a win by a specific number of points. The “underdog” would have the ability not to lose the game by x amount or win.
Totals. When it comes to totals in NFL betting, this refers to the combined score of both teams at full time. The sportsbook owner sets the figure based on how they think the game will play out in terms of points. The bettor has to decide whether they think the score will be above or below the total. Bettors will typically look at recent stats, standings, game logs, injury reports, and consensus picks before making their decision.
Moneyline: This is where you pick the team you think will win. Otherwise known as a straight-up bet, it involves picking one team to win and another to lose. This is the most straightforward bet that can be offered on a sportsbook betting site.
Other kinds of NFL betting include game and player props, futures, parlays, teasers, and live betting.
These are the kinds of betting options you need to provide for your customers during the NFL season.
What if I am a bookie?
If you want to cash in on the season there is still time to open a per head betting site. To offer the best of NFL betting via an online platform, you should partner with a per head betting site. A great example would be us at rentasportsbook.com.
Through our model, you pay just $8 per active player per month to access a fully-fledged online betting site. This means if a player isn’t active for one week, you don’t pay a cent for them. For example, if you have 100 players and only 70 are active this week, you will only pay a fee for those 70. Your punters can create their own account, log in, and place bets via a digital yet easy to use system. As the bookie, you retain full control over every customer, account, and bet placed on your site.
Along with your personal online betting site and full control over all bets, you can also offer casino games to your players at no extra charge. This brings you an extra stream of revenue with no additional charges. They can choose from casino games such as slots and popular card games. If you want to offer Live Dealer games, we can give you those as well, although there is an extra charge for these.
With a week left of the regular season and just over a month until the Super Bowl, there is plenty of time to get started with your site from rentasportsbook.com. Just contact us here, tell us how many players you have and you can be up and running in a matter of moments!
