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NFL Odds

NFL Today Games Odds

No NFL odds at this moment. The 2024-2025 NFL season is scheduled to begin on September 5th, 2024.

Understanding NFL Odds & Point Spreads

Understanding NFL betting odds is essential for anyone interested in sports betting. NFL odds are a way of representing the probability of a team winning a game and are usually displayed in one of three formats: American, decimal, or fractional. American odds are the most common format used in the United States. However, for those who like to add more excitement to their Sunday afternoons, there are many different ways to bet, especially using the NFL schedule point spread.

To read NFL odds correctly, it is also important to understand the point spread.

The NFL point spread is a way of handicapping the favored team and creating a more even playing field. The favored team must win by a certain number of points to “cover the spread” and win the bet, while the underdog can either win outright or lose by fewer points than the spread to win the bet.

NFL Payouts

Calculating potential payouts from NFL odds is also important for making informed betting decisions:

For Underdogs:

The payout can be calculated by dividing 100 by the NFL game odds and multiplying that result by the wager amount.

For Favorites:

the payout can be calculated by dividing the odds by 100 and multiplying that result by the wager amount.

By understanding these concepts and doing research on teams and matchups, bettors can make informed decisions and enjoy the excitement of NFL betting.

How Do NFL Odds Work?

When looking at NFL point spread odds on any online sportsbook, they are represented as a number that is either positive (+) or negative (-). The minus sign in front of the odds means that the team is the favorite to win the game, while a plus sign represents the team that is the underdog or the team that has a lesser chance of winning.

The odds also indicate how a winning wager will be paid out. A minus before the odds show how much needs to be wagered to win $100, while a plus sign indicates a bet on the underdog with the number indicating the amount won for every $100 wagered.

Odds and point spreads can vary from sportsbook to sportsbook, so it is important to shop around and compare different options to find the best value.

NFL Betting Odds Examples

When looking at the most popular bet -the spread- the team with the negative number is the favorite. For example, if Pittsburgh is -6 against the Cowboys, who are +6, a bet on Pittsburgh means they must win the game by seven points or more to win the wager. A bet on the Cowboys means they would have to either win the game outright or lose by less than six points to win.

Betting Odds Example

TeamPoint Spread
Dallas Cowboys+6
Pittsburgh Steelers-6

As an example, when betting on the total, or over/under, let’s say the Steelers and Cowboys’ total is 44. To win taking the over, the total points scored by both teams must be at least 45 points. For the under bet, the total points score must be less than 45 to be a winner.

Types of Football Betting

NFL Odds FAQs

Does an NFL Spread Bet Include Overtime?

Yes. In all popular NFL bets, overtime is included in the outcome.

How do I read NFL betting odds?

NFL odds are usually displayed in American format, with a plus or minus sign next to a number. The minus sign indicates the favored team, while the plus sign indicates the underdog. The number next to the sign represents the amount that must be wagered to win $100 on a favored team or the amount that would be won on a $100 bet on an underdog.

What is the point spread in NFL betting?

The point spread is a way of handicapping the favored team and creating a more even playing field. The favored team must win by a certain number of points to “cover the spread” and win the bet, while the underdog can either win outright or lose by fewer points than the spread to win the bet.

What are NFL Prop Bets?

NFL Prop Bets (‘proposition’ bets) predict the outcome of a certain event within a match, such as how many yards a quarterback will throw.
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