When you bet on NFL games, you must know how to read NFL lines and point spreads. It is an essential lesson every player should learn before signing up with their preferred sportsbooks.
You need to know the meaning of point spread, over/under, and moneyline. Some pay per head platforms might call them by a different name. For example, some bookies shorten moneyline to line, point spread to spread, and over/under to total.
Bookie pay per head operators use odds to balance the lines. As a result, players would wager on both sides of the NFL line. Although there are favorites and underdogs, the odds will make people wager on either side.
Read NFL Lines
When you read NFL lines, you’ll see the time and date of the game on the left side and the names of the teams on its right side. To the right of the teams are the different types of odds. Often, the spread comes first, then the moneyline and the total.
The point spread is the most popular type of wager. However, the result of the bet depends on the difference in the scores of both teams. The favorite has the minus sign, while the underdog has the plus sign. Also, the bookie will list it as even or pick if there’s no favorite. For example, if the Falcons are -10.5 and Packers +10.5, your bet on the Falcons will cover if the Falcons win by at least 11 points. If you bet on the Packers, you will win if the team wins outright or loses by 10 points or less.
On the other hand, the moneyline is different. You only need to pick the winner of the game. Thus, if you bet on the Falcons, you’ll win if the team wins as well. Bookies balance the spread by making players bet more on the favorite to win less money. On the other hand, betting on the underdog can result in higher payouts.