Best Way To Win Money Betting On Football
1) open an account with a free bet offer. 2) place a first back bet with a bookmaker. 3) place lay bet on the exchange on the same selection for a similar price. (You may lose a couple of pounds during this.). A general rule of thumb for NFL betting I go by is to only use 2-5% of my bankroll for each bet. In this example, it would allow us to make $60-$150 wagers on each game we bet. You can use 2% for your smaller plays and 5% for plays you really like.
NFL Betting Systems: The Definitive Guide to the Top Strategies
How big is the football betting market?
Forget baseball.
America’s favorite pastime is football.
The proof is in the pudding. And the Vegas sportsbooks. Football is by far the most bet on sport in the United States. To be specific, the Super Bowl.
This past year alone, the American Gaming Association estimated bettors to have wagered upwards of $4.7 billion dollars on the nation’s most-watched sporting event.
Despite an ongoing federal ban on sports betting outside Nevada (and sparingly in certain other states), the majority of that money comes from illegal bets placed outside of the Sagebrush State.
That’s right.
Only $132M of that $4.7B is considered legal.
And yet, betting for the sport continues to increase with each passing year. According to Jimmy Vaccaro, a prominent Las Vegas bookmaker, Americans wager upwards of $50 billion a year on NFL and college football combined.
That being said, the majority of bettors fail to turn a profit.
According to Dan Gordon, a top football handicapper and author of Beat the Sports Books(Cardoza Publishing 2005), throughout an entire NFL season, “fewer than one bettor in twelve turns a profit. Over the course of several seasons, the percentage of bettors who turn a profit is minuscule.”
Why do most NFL betting systems fail?
Well a standard bet requires bettors to wage $11 for every $10 they want to win. The extra $1 is called the juice.
Were it not for the juice, things might be different.
The average bettor might have a chance at real success. But as it stands, the odds and the money favor the bookmakers. A sports bettor has to select 52.4 percent winners simply to break even. But each year, the average Joe wins only 50 percent of the bets they make.
Treat NFL betting for what it is — a sophisticated network of constantly changing data points pouring through equally sophisticated predictive algorithms —
So it’s an uphill battle for most bettors dipping their toes in the waters of sports gambling.
The trick is to take things seriously.
Treat betting for what it is — a sophisticated network of constantly changing data points pouring through equally sophisticated predictive algorithms — and you might just have a chance at going from square to sharp.
But don’t be overwhelmed.
If you’re reading this, chances are you’re a serious bettor looking to make some well-informed decisions to take your football betting to another level.
Before we get into the fundamentals of NFL betting, let’s first take a look at the basics of our very own predictive wager system.
Our Betting Methodology and System
The Simulator is built based on a predictive model created by a doctor with an extensive background in mathematics, psychology, and operations research.
This individual has worked with multiple professional and collegiate sports organizations, player agents, sports data agencies and a top-ranked fantasy website. His work with professional sports organizations includes optimizing scout travel, in-depth player analysis and lineup configurations.
Correctly predict the winning team 74.33 percent of the time (on average) as compared to the experts who were correct 68.67 percent of the time
Among his greatest innovations was the discovery of neural networks as a powerful tool for sports betting.
A neural network is defined as a computer system modeled on the human brain and nervous system.
Using this technology, the good doctor found that, “the best networks were able to correctly predict the winning team 74.33 percent of the time (on average) as compared to the experts who were correct 68.67 percent of the time.”
While the model was initially developed around NBA betting, it has since been applied to other sports — chief among them, the NFL.
What makes the Sports Analytics Simulator unique is that it relies not on data inputs (statistics) from previous seasons, but on continuous game-to-game updates.
The Simulator’s specific algorithms run through up to forty different stat categories to create the most efficient model possible.
From this model, we derive our picks for each game. And the best part is, our system is a living, breathing predictive model — it possesses machine learning capacities that allow to detect trends and potentials that we mere humans could only dream of finding.
For more information, check out this handy dandy video on how it works.
NFL Betting Systems
Now that we’ve gotten that out of the way, let’s talk about the fundamentals of NFL Betting. Essentially there are six different ways to bet on the NFL. Let’s run through them shall we?
NFL Spread Bet
The first and most popular form of NFL betting is spread-based. Which is pretty straightforward.
Bookmakers set a spread with a favorite and an underdog. In order for you to win on a bet of this nature, one team must cover the spread — so if the spread is -7 in favor of the Chiefs over the Steelers, the Chiefs must win by seven points or more.
Whereas in order for the Steelers to cover the spread, they must either lose by less than seven points, or win. To make it simpler, the spread gives the underdog a ‘head start’.
In this case, the Steelers have a +7 head start in points to kick off the game. Pretty straightforward stuff.
Now, if you simply want to bet on the winner of the game you’ll want to place a…
Moneyline Bet
Moneyline betting is an equally common form of sports betting as spread bets. The difference is that with moneylines, bookmakers will set lines representing the favorite and the underdog.
Let’s go back to this Chiefs-Steelers matchup.
Let’s say the Chiefs have a favored line of -150 and the Steelers have an underdog line of +125.
What this means is that in order to win a hundred dollars on the Chiefs, you must wage $150.
As for the underdogs, if you wage $100 you will win $125. So that’s that.
NFL Totals Bet
NFL totals betting is rather self-exploratory. Also known as over/under, this form of betting involves placing a wager on the total number of points scored by both teams combined in a game.
Let’s say bookmakers set an over/under of 55 points for the Chiefs and Steelers.
Your job as a bettor is to decide whether the score will be… over or under 55 points.
NFL Prop Bet
A prop bet is a special kind of bet that has nothing to do with the outcome or final score of a game.
Prop bets come in many different forms.
Some of them are player-based — how many yards or touchdowns a specific player scores. Some of them are based in live betting, i.e. if a team scores on a specific drive.
During the Super Bowl you’ll see all sorts of fun prop bets like coin toss wagers.
NFL Parlay Bet
You might have seen a parlay bet featured in the film, Silver Linings Playbook, (or read it in the book), wherein Pat Solitano’s father, Patrizio Sr., places a bet on the Eagles-Cowboys game and the judge outcome of Pat and Tiffany’s dance number in a local dance-off.
In order for Patrizio to win the bet, the Eagles must win their game against Dallas and Tiffany and Pat score 5 out of 10 in their dance competition.
This is what’s known as a parlay bet, wherein various games and outcomes are rubber-banded together into one single bet.
In order for the bettor to win the wager, all outcomes must unfold accordingly. This might involve a handful of other bets such as a totals bet and a moneyline bet.
In the NFL, this is a common form of betting to get more bang for your buck.
NFL Teaser Bet
A teaser bet is a form of parlay that involves a combination of two to ten NFL wagers in which you adjust the point spreads and/or totals in your favor in exchange for a lower payout.
When your teaser includes a point spread, you have the option to decrease the spread for the favorite or increase the spread for the underdog.
When you’re teasing a total, you can increase the under or decrease the over.
Like a parlay, winning the bet is dependent on all of the wagers winning.
Standard teasers are 6, 6.5 and 7-point. There’s also a sweetheart teaser, which offers you the choice to tease a line by 10 or 13 points.
It’s basically a parlay with a little bit of zazz.
The Most Important NFL Betting Stats
Now, knowing the forms of NFL betting is great but without the statistics to back up your wager, you’re S.O.L.
So what are the most important stats for successfully determining winners in an NFL game?
Well, it might not be what you think.
According to a prominent Vegas oddsmaker, one of the most integral statistics for betting the NFL is… duh duh duh dahhh… pass yards per attempt.
Teams that are successful and efficient in their passing game tend to carry the edge over their less successful opponents
In a passer’s league this makes a lot of sense.
Teams that are successful and efficient in their passing game tend to carry the edge over their less successful opponents. Taking this little known or acknowledged stat into account in your handicapping will no doubt help you find success in your waging.
The other big stat to consider in placing your bets is turnovers.
Seems pretty simple.
The team who averages more turnovers per game is likely to give up more scoring opportunities and thus the whole game.
As we’ve said, the Sports Analytics Simulator utilizes up-to-date, real time game-to-game statistics to establish the most accurate predictions week in and week out. So it goes without saying that our model analyzes far more than just turnovers and passing yards per attempt.
Nonetheless, betting in any case involves a level of intuition. Therefore, even if you subscribe to the Simulator, it would behoove you to do your own research. Check out important stats. Take your time with each pick. Choose wisely based on time-tested methods and patterns.
Factors for NFL picks?
Aside from the aforementioned factors, you’ve got to consider other dynamics. For instance, what is the most pivotal quality of any team in the NFL?
I’ll give you a hint. It’s not a good quarterback. Teams with good quarterbacks flounder all the time in the NFL.
If an O-Line is good, the quarterback and running back will look good too. And you better bet your bottom dollar that an NFL team with a solid O-Line is far more likely to go the distance than a team with big holes and weaknesses in their front five
What really matters is the team’s offensive line.
Think the 2016-17 Dallas Cowboys. Sure, they failed to win a Super Bowl with a rookie quarterback and running back. But the majority of their success last season was owed directly to the strength of their offensive line.
If an O-Line is good, the quarterback and running back will look good too. And you better bet your bottom dollar that an NFL team with a solid O-Line is far more likely to go the distance than a team with big holes and weaknesses in their front five.
In order to successfully bet the NFL, you’ve got to consider these more understated and under-appreciated factors — such as a strong O-Line.
You’ve got to take it game by game and know that in this league, fortunes shift in an instant. There’s no perfect formula for effective betting.
But that doesn’t mean there aren’t resources and numbers at your disposal to help you get the edge on oddsmakers.
With that said, let’s explore some of the biggest mistakes that squares (amateur bettors) often make when betting on the NFL.
Biggest mistakes with NFL betting
Money Management
The biggest mistake is money management.
If you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.
This seems pretty obvious but you’d be surprised (or maybe not) at the trouble amateur bettors have with this one.
It’s simple.
Don’t bet what you can’t afford to lose.
That means knowing what your bankroll is for a given season and being disciplined with your money. “Most people with an understanding of football gambling bet between 3 percent and 5 percent of their bankroll, increasing when they win and reducing when they lose,” says Jimmy Vaccaro. “If you have a $1,000 bankroll for the season, you should generally bet no more than $50 a game.”
Shop the Numbers
Another big mistake amateurs make is that they don’t account for a variety of numbers.
No sportsbook is exactly the same as another.
Lines, differentials, totals, spreads will all look different depending on where you look. In the NFL, you might not think that .5 points is a significant. But you’d be wrong. So shop the numbers.
Don’t say yes to the first line you see.
Shopping the numbers will give you a better idea of potential outcomes and allow you to make a well-rounded decision on your bets.
What else? Well, let’s start with something basic.
Bet the Underdog at Home
There is probably no better bet in sports than playing an underdog at home
You might think betting on the favorite is the obvious option every time but you’d be wrong. “There is probably no better bet in sports than playing an underdog at home,” says Morey “Doc” Moseman, a professional gambler and sports consultant with DocSports.com for nearly 40 years. “Teams play inspired ball at home.
Slim underdogs regularly win outright.
Big underdogs often find ways to cover the spread and they rarely give up toward the end of a game in front of the home crowd.”
To revisit a favorite example, the Chiefs tend to claim the edge in the majority of their home games, no matter their status on the betting lines.
Why?
Because there’s magic at Arrowhead.
There’s more to lose when you’re playing before 150,000 of your fans’ scrutinizing eyeballs.
Here’s a list of some of the other worst betting mistakes you can make:
- Chasing your bets
- Getting vindictive
- Trying to win back losses
- Go after big wins to recoup losses
- Overly-promising wagers.
It’s like a night of heavy drinking. It might sound tempting beforehand. But the next day you’re likely to have some regret.
Remember that betting is a mathematician’s game.
There’s no large place for emotion in this game.
When it comes to the NFL, upon which more bets are placed than any other sport in America, that goes double. The oddsmakers have one job — and that’s to know their shit.
The key to beating them is knowing yours too.
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Betting on the NFL isn’t necessarily easy, but making smarter bets is always possible for those motivated to learn a bit of new strategy.
Try these nine thoughtful tips when wagering at online football betting sites and watch your bankroll grow.
1. Bet With Your Head, Not Your Heart
It may sound obvious, but avoiding emotion when wagering remains a challenge for many bettors. We all have our personal biases. Whether it’s a favorite team or one we despise, putting aside these preferences isn’t easy.
But here’s the thing: becoming more objective towards NFL betting online is literally the easiest way to make smarter bets. It doesn’t require a detailed strategy on mathematical analysis, it just requires common sense.
Cheering on your favorite team (at least) 16 times per year is a lot of fun, but losing money in the process is not. To become a smarter bettor, be aware of your biases and try to avoid decisions based solely on favoritism.
2. Pay Attention to Where the Game Is Played
Home-field advantage matters, and it matters more at certain stadiums. For example, the New England Patriots, went 42-6 straight-up (32-14-2 ATS) at home from 2014-2018. The Seahawks also perform exceptionally well in Seattle: they are 92-31 at home since 2003.
But they’re not the only two teams with such an advantage. Do your research by comparing each team’s home vs. away record when handicapping for home team advantage.
West Coast teams traveling to the Eastern Time Zone tend to have less difficulty overcoming the time change, but East Coast teams are at an inherent disadvantage when forced to play on the Pacific Coast, three hours later than they’re used to.
There are also teams who don’t travel well. From 2014-2018 (a five-season span), the San Francisco 49ers were a terrible 9-31 on the road, third-worst in the league. They weren’t much better against the spread, going 16-22-2 (fourth-worst in the NFL). The Texans also struggled to cover the spread on the road in 2016, posting a 2-6 record ATS.
Knowing where and when the teams played the previous week is also an important factor to consider. Some teams suffer from real disadvantages. West Coast teams traveling to the Eastern Time Zone tend to have less difficulty overcoming the time change, but East Coast teams are at an inherent disadvantage when forced to play on the Pacific Coast, three hours later than they’re used to.
Lastly, certain dome (indoor) teams can struggle to perform outdoors. For example, Drew Brees’ passer rating drops from 102.5 in a dome to 90.3 when playing outdoors. And this is all extremely useful information for bettors.
3. Know the Individual Matchups
Football is often referred to as the ultimate team sport, but there are certain one-on-one matchups that can dramatically affect the outcome of a game.
For example, a weak offensive tackle should not be expected to perform well against the premier edge-rushers in the league. Pay attention to major skill discrepancies between players who will be going head-to-head.
Coaches are perhaps the most significant head-to-head matchups that bettors should consider. Every coach uses recurring strategies that fare very well against some opponents and flop against others. Coaches get to know each other’s approaches to the game, and some are better at responding to these strategic considerations.
A great example of this is Tom Coughlin and Bill Belichick. The Patriots have been dominant since Belichick has been steering the ship, but he was 2-5 when coaching against Coughlin following the 2018 season.
4. Know More than Just the Trends
When it comes to betting on NFL games, following the trends isn’t a bad idea — patterns sometimes provide valuable information. For example, from 2010 to 2018, the Bears went 12-5 ATS when coming off a bye week, while the 49ers, on the other hand, were just 5-11 ATS in that same time frame.
The sharpest bettors always look at the context behind the numbers when evaluating statistical trends.
Noticing that a team just scored 49 points the previous week doesn’t necessarily mean that their offense is firing on all cylinders. Go back and look at how all the points were scored. Maybe a defensive back fell down to allow a long touchdown pass. Perhaps the defense scored a couple of those touchdowns. Maybe they were just playing the Browns.
The sharpest bettors always look at the context behind the numbers.
5. Check the Injury Reports
As we mentioned, football is the ultimate team game, and small changes can throw off the entire unit. Make sure you know which players have missed practice during the week, what their status is for the upcoming game, and what role they play on the team.
Team injury reports can be a little vague, so it’s always a good idea to check the Twitter accounts of beat-writers for each team. Often, they will provide a little more detail.
6. Take Caution with Divisional Matchups
Teams that play each other twice per season get to know each other very well, and even bad teams tend to dig a little deeper when they are battling a division rival.
Looking to 2016, the Jacksonville Jaguars, Chicago Bears, and San Francisco 49ers were three of the bottom-four teams in the NFL, but they all posted a 4-2 record ATS within their respective divisions.
Even though one team may appear superior on paper, divisional matchups are often much closer than anticipated. This makes the great choices to bet on the NFL point spread, but they can be risky choices on the moneyline.
7. Don’t Fall in Love with Value
How To Win Money Gambling On Football
Betting the underdog on the moneyline can certainly pay off, but you need to consider why long odds are so long in the first place. Make sure you have very specific reasons and logic behind taking a +800 underdog on the moneyline, because you can be sure the sportsbook used reason and logic to set that moneyline in the first place.
Best Way To Make Money Betting On Football
We strongly recommend limiting parlays and teasers to 2-5 events when betting on the NFL.
You also need to be careful when constructing parlays and teasers. Don’t load them up with too many events. NFL teams are generally closely-matched compared to other sports, and it’s far too difficult to correctly predict the outcome of more than a handful of games. We strongly recommend limiting parlays and teasers to 2-5 events.
8. Monitor the Lines Throughout the Week
Monitoring the betting lines throughout the week is a big part of maximizing your chances. Some online books may provide more favorable NFL odds, and as the week progresses, you may find the odds change.
It’s important to keep in mind the influence of public perception here. Popular teams like the Dallas Cowboys, Green Bay Packers, and New England Patriots will always have loyal supporters betting with their hearts. They’re often referred to as public teams, and it’s very likely they’ll be more heavily favored than the statistics suggest they should be.
If you’re planning on betting against the public, wait around and let emotional bettors drive the odds in your favor. Conversely, if you’re planning to bet on a public team, jumping on an early line is likely the best decision.
9. Diversify Your NFL Bets
There is success to be had betting on the moneyline, the spread, and game totals. But to maximize your success, it’s crucial to know all the alternative bets you can make.
Many sportsbooks will allow you to bet on alternate spreads or buy and sell points. Instead of settling for a -3.5 spread that makes you a little uncomfortable, you can opt for a -2.5 spread with a more modest payout.
Enjoy the Action this NFL Season
The strategies above are great to keep in mind while wagering this football season, but they’re only a start. In the end, finding success is all about putting in the time and effort to research your pick and manage your bankroll effectively.
If you’re looking to for more football action than the NFL can provide, open up your Saturdays and take a look at our intro to betting on college football for more helpful tips and tricks.