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Exploring Different Types of Football Wagers

Exploring Different Types of Football Wagers

For avid football bettors, making wagers on games is a way of adding an extra layer of thrill and engagement. There is a wide variety of football wagers available to cater to different preferences and strategies. In this article, we will look at some of the most common types of football bets that you can make to enhance your sport betting experience.

Moneyline Bets

Moneyline bets are the simplest and most straightforward type of football wager. With a moneyline bet, you are simply choosing which team will win the game. Each team is assigned odds that reflect their perceived chances of winning. The favorite has a negative (-) sign next to their odds, while the underdog has a positive (+) sign. To win a moneyline bet, you need to correctly predict the winning team.

Point Spread Bets

Point spread bets, also known as handicap bets, level the playing field between the favorite and the underdog by assigning a point spread. The favorite is assigned a negative point spread, which they must cover by winning the game by a margin greater than the spread. The underdog, on the other hand, is given a positive point spread, and they can win the bet by winning the game outright or losing by a margin smaller than the spread.

Over/Under Bets

Over/Under bets, also referred to as totals, focus on the total number of points scored in a game by both teams combined. The sportsbook sets a line, and you have to predict whether the total score will be over or under that line. It doesn't matter which team wins or loses; you are solely betting on the total points scored.

Prop Bets

Proposition bets, or prop bets offer a wide range of sport betting options beyond the outcome of the game. Prop bets focus on specific events or occurrences within the game. Examples of prop bets include the first team to score, the first player to score a touchdown, the total number of touchdowns in a game, or the number of passing yards for a specific player. Prop bets add excitement and allow you to wager on various aspects of the game.

Parlay Bets

Parlay bets involve combining multiple individual bets into one wager for potentially higher payouts. To win a parlay bet, all the individual bets within the parlay must be correct. Parlays can include moneyline bets, point spread bets, or over/under bets. They offer the opportunity to win more significant sums of money, but the risk increases with each added bet.

Teaser Bets

Teaser bets are similar to parlay bets, but they allow you to adjust the point spread or total in your favor. You can add or subtract points from the spread or total, giving you a better chance of winning the bet. However, teasers offer lower payouts compared to parlays due to the increased likelihood of winning.

Futures Bets

Futures bets are long-term wagers that focus on the outcome of an event that will occur in the future, such as the winner of a league or championship. In football, common futures bets include predicting the Super Bowl winner, division winners, or individual player awards like the Most Valuable Player (MVP) or Rookie of the Year. Futures bets are available well in advance of the event and can offer attractive odds.

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