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.
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 |
Sign Up And Place Your Parlay Or Teaser action Now >>>
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).
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