Is Moneyline NFL Football Betting Right for You?

Many people look forward to football season each year. They get to hang out on the couch on Sundays (and Monday nights) to cheer for their favorite teams. Gambling on the events before they start is a great way to add some excitement to an already exciting sport, too. One of the most popular options for NFL football betting is the moneyline wager in which you simply predict which team will win or lose.

As an example, consider a match between the Indianapolis Colts and the Seattle Seahawks with the Colts -3. This would mean that the moneyline would be about -150 for Indianapolis and +125 for Seattle. This means that you would have to wager more on the Colts, who are the favorites, in order to turn a profit - a $150 wager would net you $100 in profits. However, if you were to put your stake on the underdogs, you would need to bet $75 on the Seahawks in order to turn that same $100 profit if they won.

While this type of NFL football betting is pretty cut-and-dry, there is one main disadvantage to consider. You have to spend a lot to win a little. If you truly believe that one team is going to win out over the other, then you can earn more with less investment when you choose a point spread, instead. This saves you from having to make a large number of wagers - and win most of them, to boot - in order to turn a decent profit. Now, there is an exception to this which is betting on the underdog. If you have good reason to believe that the non-favorite will win a game, putting money on it can turn a significant profit with a relatively small investment.

Moneyline stakes aren't for everyone. They are simple to understand and often preferred by beginners, but it is easier to make more money when you choose point spreads and other wager types.

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