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The Ins and Outs of Sports Gambling: NFL Betting Online

Consider this scenario: Your team is on a hot streak and you want to get a monetary piece of that action but you have never placed a stake in your life, so you log on to a website that hosts sports gambling and have no idea what's happening. Folks are placing wagers right and left. You are completely overwhelmed by all the numbers and don't understand what to do. No problem, NFL betting online is a piece of cake once you figure out the basics.

Sports Gambling Made Simple

Unless you are casually wagering on a friend when your college alma maters meet head to head or placing a couple dollars against the odds of the Super Bowl game outcome, most sports wagers are handled through a bookie or online venue. Basically, when placing a bet, your team either wins or it loses although there are various types of wagers to be placed.

The Spread

One of the biggest factors for a new football gamester to learn is the importance of the betting line. This line showcased above has an assortment of numbers that are posted online for different games within a particular sport. Each line will include a variety of possibilities. It also reveals the teams that can be labeled as the favorites and the underdogs which are denoted with a plus or negative sign. On any given betting line you will see a list, and you will also notice numbers by each one's name. The first number listed is the spread and this is the most popular aspect of the NFL betting online that is ventured. This ups the ante by not only predicting who will win or lose, but also the amount by which they will do so. The next number usually indicates how much you need to risk in order to be successful.

The Money Line

The last number of the row is called the money line and it does not depend on the spread but instead is based off of who wins outright. The plus sign near the favorite shows that for every $100 wagered on the Steelers, you gain $150 if they are victorious. The minus sign near the underdog shows that you must risk $185 on the Cowboys being victorious in order to earn $100. Of course, you do not have to risk the full $100; payouts work from a percentage of your particular gamble.

The Total Wager

The bottom row shows another aspect of NFL betting online. It reveals a stake on the OVER/UNDER of the total score of the two teams at the end of the game. The first number represents the prediction of the two teams' combined scores. The total wager means that the combined total score will be either higher or lower than the predicted score. Again, the second number is how much you need to risk in order to win $100. For example, if the final score is 31-21 and you played for over, you would win the stake because the total equals 52 which is higher than the predicted 47.