The National Football League keeps the wintertime exciting for football fans. Sixteen regular season games, playoffs, and finally the Super Bowl make for an action packed football season. Fans of football can place bets on football games through Internet sports betting accounts. In order to do so, one must find an Internet sports betting site that accepts football bets. Once you settle on an Internet betting site and open an account with them, you can then head to the NFL section of the betting line and begin placing bets.
While betting actual games can be exciting and profitable, placing prop bets on NFL teams can be placed. When placing a prop bet on a football team, one is generally betting on how many games the underlying team will win. Typically, a number of wins is given and the prop bettor wagers as to whether the team will win more or less than the number of games stated in the prop bet. Take the following sample prop bet as an example:
Pittsburgh Steelers – total wins for the regular season
Over 8.5 -115
Under 8.5 -115
In this prop bet, the bettor has to decide whether they believe the Pittsburgh Steelers will win more than 8.5 games or less than 8.5 games. Because teams cannot win or lose a half game, this bet cannot push.
You should notice that after the over and under listing, there is a number listed. In both instances, the number is negative. This number is called the money line. The money line reflects how much money can be won or must be wagered. Whether it tells how much must be bet or how much you can win depends on whether the number is positive or negative.
If the football betting money line is negative, as it is in this sample line, then the number reflects the amount of money that must be wagered to win $100. In this instance, the money line of negative 115 means that a prop bettor must wager $115 in order to win $100. Likewise, a player wanting to win $500 must wager $575 on this money line. Thus, if you bet $115 on the Steelers winning more than 8.5 games, and they did, you would win $100, while losing $115 if they failed to win more than 8.5 games.
If the money line were positive, like +115 for example, a bettor would win $115 for every $100 they put up in a prop bet.