The NFL season is in full swing, and that means it’s time to start betting on the games! If you’re new to sports betting or just want to improve your chances of winning, then you need to read these NFL betting tips. So don’t miss out on anything – read our tips and start winning today!
1. Do not Overreact
One of the most common mistakes people make when betting on NFL games is overreacting to recent events. If a team has just won a big game, people tend to bet on them regardless of the odds. Similarly, if a team has lost a couple of games in a row, people will often bet against them without looking at the circumstances surrounding those losses.
2. Don’t Chase
The biggest mistake novice bettors make is chasing their losses. They will see that they are down after a few bets and feel the need to win their money back as soon as possible. This leads to hasty decisions and poor choices. Just because you lost on one bet doesn’t mean you have to win the next one. Research each game thoroughly, and don’t let your emotions get the best of you.
3. Avoid NFL Parlays
Parlays are when you bet on two or more outcomes and try to hit them all. For example, you pick three teams to win their games and put them all on one ticket. The problem with parlays is that they require you to be right on all your picks to win. And the odds of hitting all three picks? Not great. In fact, the odds are usually around 12-to-15 percent which means for every $100 you bet; you’ll only win about $12 back.
There’s nothing wrong with going for it if you like longshots, but just know that the house always wins when it comes to parlays. Stick to betting on one team at a time.
4. Don’t Buy Unnecessary Points
Don’t buy unnecessary points when betting on the NFL. Most of the time, it’s not worth it to buy more than a half point. If you’re confident that your team will win by more than a field goal, then go ahead and buy the extra point. In case you’re unsure, don’t take a chance. You should also be careful about buying points on touchdowns. Unless you’re positive that your team will score a touchdown, it’s usually not worth it to buy the extra point. It’s better to take the six points and hope for the best.
5. Shop Around
The most crucial betting tip is to shop around. There are several sportsbooks available, and each of them offers a distinct set of odds. You want to ensure you get the best possible odds on your bet. The way to do this is to shop around at a few different sportsbooks and compare the odds.
In addition, you must know what you are betting on. This seems like it should be obvious, but you would be surprised how many people bet on things that they don’t really understand. Make sure you know the ins and outs of whatever you are betting on before putting any money down.
6. Respect the NFL Market
The NFL is America’s most popular sport, and the betting market reflects that popularity. The lines set by oddsmakers are sharp and designed to attract equal action on both sides. While this may seem unfair, it benefits bettors who do their homework. The key is finding value in the lines, starting with respecting the market.
7. Consider Live Betting
Live betting is great for getting in on the action without committing to a complete game. You can bet on who will score the next touchdown, which team will make a field goal, and more. This is a great way to stay engaged with the game even if your team isn’t doing so well. And, you never know, you might just end up winning some money!
8. Track your Bets
Tracking your bets is very important as it helps you analyze your performance over time. This way, you can make necessary changes to improve your chances of winning. Various bet tracking apps and software available can make this task easier for you.