Pointspread betting is where the sportsbook decides on a margin of victory for the favorite that will make either team an attractive betting proposition.
Football betting, especially pro football betting, is one of the most popular choices of our players. The main professional league is the National Football League, which has a seventeen-week regular season that runs from September to December each year. There then follows one month of playoffs until the eventual champion is decided at the Super Bowl, the single biggest day in American sports.
The main action on American football games is in pointspread, or line, betting, where the sportsbook decides on a margin of victory for the favorite that will make either team an attractive betting proposition. Consider the example below:
New York Giants +3.0 -110
Green Bay Packers -3.0 -110
In the example, the spread is set at three points. The +3.0 after the New York Giants means that the Giants are the underdog in this game; the Giants must either win, or not lose by more than three points, for a bet on the Giants to win.
The –3.0 after the Green Bay Packers means that the Packers are the favorite; the Packers must win by more than three points for a bet on the Packers to win.
If the Packers win by exactly three points, then the bet is said to have fallen on the spread and is deemed a push. All bets are voided and the stakes returned in this instance.
The second number, -110, after each team is the price of a winning bet. A winning bettor will win $100 for every $110 bet.
For a football game to have action, the game must be played for at least 55 minutes actual play. Overtime counts if played, and there are a selection of related betting markets to add extra value, choice and excitement, such as totals, moneyline, winning margin betting, and more.