Betting on American Bovada sports football betting is one of the most popular forms of online sports betting – especially in the US. Whether it’s the NFL or College Bovada sports football betting (NCAAF), the popularity of the sport is exploding and this growth has driven the online gambling markets to new heights. It is estimated that $95 billion was expected to be bet on the NFL and NCAAF in the 2015 season, and that number is probably much higher.
Bovada sports football betting
Bovada sports football betting is popular for many reasons. Some like the thrill, some want extra action to enjoy the game, and others believe they have an edge over the sportsbooks in determining who will win or cover a given game. In this article, we will take a closer look at how to bet on the NFL and explain the most popular betting lines available at popular online sportsbooks.
Betting on the Point Spread on Bovada sports football betting
ATS or Against the Spread wagering is by far the most popular bet on NFL or NCAA Bovada sports football betting games. Sportsbooks will put up a number which a team must win by or “cover” for each game. Let’s take an example of Super Bowl 50 between the Denver Broncos and the Carolina Panthers.
Experienced bettors can read that line in seconds but to some bettors, it might look a little like rocket science. Believe me, once you get the hang of it, it’s really simple. The first number is the point spread, or line, and is a type of side bet that equalizes the chance of winning a bet. The line offered for any given team will be accompanied with a – or + symbol to indicate whether a team is a favorite or an underdog. The number next to the spread is usually “-110” and this is what we call the juice or vig. The vig is a fraction of the wager taken from the better if the bet wins. In this instance, a winning wager of $110 will yield a profit of $100.
In the betting line above, in Bovada sports football betting, Carolina is favored by 6 points or is “laying” 6 points. Denver is “getting” 6 points. As we now know, Denver defeated Carolina by a score of 24-10. The bettors who chose Denver getting 6 points won. If Carolina had won the game by less 6 points, those same bettors would have also won because Carolina would not have “covered” the spread.
Betting on the Money Line
The second number is the money line number. There is no spread in these bets and you are solely betting on which team will win. To keep it simple, think of it as a bet being $100 as a unit size. If you liked Carolina to win you would have to wager $180 to win you $100. That is why there is a negative in front of their number or any favorites number when you look at the line. If you liked Denver to win you would wager $100 and get back $160 plus your original $100 wager. In the parity-driven NFL, upsets are a regular occurrence, which is why money line bets can be very profitable when betting on the underdog. Again, the bettors who liked the Broncos won the money line bet.
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