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College Football is arguably the most popular sport to bet on in America today. Football is one of the sports that commonly uses spread bets.

College Football Betting Basics

To succeed at Football Betting, you first need to learn the standard types of bets, understand how betting lines work, basic sports handicapping techniques, and common pitfalls the bettor should avoid.

Next, you need to know the Football terms used at Sportsbooks, thus our Football Glossary. Lastly, there is Money Management, the art of balancing the desire to win with the need to budget.

The most important realization you should have after reading this article is that "getting rich quick" is not possible by betting on sports. Most of the new sports bettors do not understand this. Getting ahead of the game by understanding this will not only save you much headache, but money as well.

Many people find that placing bets on the outcome of a game greatly enhances their enjoyment when watching the game on television or listening to it on the radio. Therefore, most Las Vegas sportsbooks have satellite hook-ups and big-screen TV's broadcasting nearly every college and NFL game across the country every week. Additionally, if a game is not being televised, they post frequent scoring updates on the progress of all games on which they are taking action.

Sportsbooks will only accept bets on those games which have been posted on their board. These games are known as "board games." Generally, all major league baseball, NFL, NBA and NHL games are "on the board," whereas college games are limited to football and basketball match-ups being played by major Division schools. Limited betting is available at some books on golf, tennis, car racing, and other miscellaneous sports.



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Straight Bets, Parlays, Teasers ...
Brief explanation of the different types of bets to wager on football (NFL).

Straight Bets
The 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 Wagers
The 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 Wagers
Halftime 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



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Teasers

A 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 Wagers


A "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).


quicktips

Always check the injury report. Injuries are huge in NFL gambling and can mean the difference between a win and a loss.

Don’t be afraid to double up on Monday. If you are down and like the Monday game double your wager.

Keep your cool. Never chase your money. Meaning never wager on games because they are the only thing to place a wager on.

Control you bankroll. Set a certain amount you are gone to bet and stick with that all season.

Start early. Usually the lines are a little looser in the beginning months of the season. So start your season with the NFL season.

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