There are various types of sports betting. For NFL games, there are game-based outcomes known as props. These are based on specific performances by stars, such as the Vikings Over 3.5 sacks or Carson Wentz Over 230.5 passing yards. There are also futures, which relate to a particular team’s season totals and results. Some examples include the Chiefs to win the Super Bowl and Patrick Mahomes to be the NFL MVP.
If you’re new to sports betting, don’t worry! We’ve compiled some of the most common types of wagers for the most popular sports. You can find them in a standard betting sportsbook table. Each team will have two lines of information. There will be a Point Spread, Moneyline, and Over/Under (Total). In most cases, the numbers will be listed as positive (+) or negative (-), with a minus sign indicating the favorite team and a plus sign indicating the underdog.
Football is the most popular league in the United States, and a MarketWatch report forecasts that NFL wagers will exceed $20 billion by the 2021-22 season, a nearly tripled amount from the previous season. Super Bowl LVI saw a record-breaking $7.6 billion in legal wagers. While these numbers are only estimates, these predictions show that the popularity of NFL sports betting is gaining momentum and states are passing laws to make it legal.
