Football season brings out the gambler in millions of people, whether it’s for a round of drinks or hundreds of dollars, football fans everywhere enjoy placing wagering on their favorite team. Although actual betting is only legal in the state of Nevada, football betting goes on practically everywhere and is the number one activity considered gambling.
There are several ways to bet on football that go beyond simply who will win and who will lose. Some of those are explained here to help you understand how to bet.
Point Spread – This is the points that the handicapper has determined to be the number that would split teams evenly. The point spread can change right up until game time. Betting the spread does not mean your team has to win, they only have to cover the spread. For example, if you choose a team to win that is favored by a certain number of points, you only win if they win by that many points; on the other hand, if you choose the losing team who has been given a 7 point underdog spread and they lose by 4 points you win.
Over/Under Bets – f you choose to bet over or under, you are betting on the total score of the game, not who wins or loses. As long as the score isn’t exactly what you bet, you win if you chose correctly.
Parlay – This is a series of bets on more than one game; however, in order to win, you have to win all of the games on your parlay card. Parlay games are popular because the bets are low but the payoff is high if you win.
Casino Sports Books – While this is only legal in the state of Nevada, it doesn’t mean that it doesn’t occur in other places. The bookies take the bets along with a commission that is typically 11 to 10. This simply means that for every $100 bet, the bookie adds $10 so you pay $110. If you win the game, you win $210. If you lose, you lose the entire $110.
You can place any type of bet you want on a football game; however, make sure you are not breaking the law and wind up in a heap of trouble.