In order to successfully bet on NFL football its important to start with the fundamentals. Were talking about the fundamentals of understanding the wagering side of the equation. Theres a lot of misunderstanding about what NFL pointspreads mean and how they are set. A firm understanding of the bookmaking concept of setting NFL lines is a prerequisite for any sports betting success.
The general public has a tendency to oversimplify the meaning of an NFL pointspread. The conventional wisdom is that it is simply a prediction of which team will win and by how much. There is a component of that in the NFL bookmaking equation, but theres a lot more to it. In theory, a sportsbooks primary goal is to equally divide the action they take on an individual game. If they do their job right, the outcome of the game is irrelevant to the bookmaker. Youll frequently hear clueless sportscasters make inane comments following a big upset like Boy, the sportsbooks in Las Vegas must have lost their shirts on that one or whoever set the line got this one wrong. Thats something that simply cannot be determined from the outcome of the game alone.
Since a bookmakers primary goal in setting NFL betting lines is to equally divide action, they have to make each side of a wagering proposition attractive to a prospective player. For that reason, its more accurate to say that NFL lines are more of a reflection of the betting publics perception of which team will win a game and by how much than anything else. Some NFL teams are considered public teams due to their popularity and/or perceived qualitative skill. So if the numbers in a hypothetical game between Dallas and Cincinnati indicate that the Cowboys should be a -6 favorite a book may open the game at -7 or -7.
In early season wagering there are a few additional factors at play. A bookmaker may consider a teams NFL preseason record for the simple reason that the NFL betting public gives it undue attention. Sharp players know that there is little correlation between a teams preseason success (or lack thereof) and their regular season performance. Another consideration is a teams performance in the previous season or, in some cases, their historical performance.
Furthermore, its important to understand why NFL lines are moved after the opening numbers are posted. While it may occasionally be due to external factors such as injury or weather, more often than not its a direct result of the money a book is drawing on one side of the proposition or another. The idea is that by moving the line it makes wagers on the side a book wishes to attract money on more attractive.
NFL football betting is a very complex discipline, and many neophytes make the mistake of focusing exclusively on the nuances of the game itself. To successfully bet on NFL football, however, it is important to spend as much time understanding the intricacies of the sports gambling marketplace"and in this regard nothing is more fundamentally important than understanding how NFL pointspreads are made and why they are moved. - 31493
The general public has a tendency to oversimplify the meaning of an NFL pointspread. The conventional wisdom is that it is simply a prediction of which team will win and by how much. There is a component of that in the NFL bookmaking equation, but theres a lot more to it. In theory, a sportsbooks primary goal is to equally divide the action they take on an individual game. If they do their job right, the outcome of the game is irrelevant to the bookmaker. Youll frequently hear clueless sportscasters make inane comments following a big upset like Boy, the sportsbooks in Las Vegas must have lost their shirts on that one or whoever set the line got this one wrong. Thats something that simply cannot be determined from the outcome of the game alone.
Since a bookmakers primary goal in setting NFL betting lines is to equally divide action, they have to make each side of a wagering proposition attractive to a prospective player. For that reason, its more accurate to say that NFL lines are more of a reflection of the betting publics perception of which team will win a game and by how much than anything else. Some NFL teams are considered public teams due to their popularity and/or perceived qualitative skill. So if the numbers in a hypothetical game between Dallas and Cincinnati indicate that the Cowboys should be a -6 favorite a book may open the game at -7 or -7.
In early season wagering there are a few additional factors at play. A bookmaker may consider a teams NFL preseason record for the simple reason that the NFL betting public gives it undue attention. Sharp players know that there is little correlation between a teams preseason success (or lack thereof) and their regular season performance. Another consideration is a teams performance in the previous season or, in some cases, their historical performance.
Furthermore, its important to understand why NFL lines are moved after the opening numbers are posted. While it may occasionally be due to external factors such as injury or weather, more often than not its a direct result of the money a book is drawing on one side of the proposition or another. The idea is that by moving the line it makes wagers on the side a book wishes to attract money on more attractive.
NFL football betting is a very complex discipline, and many neophytes make the mistake of focusing exclusively on the nuances of the game itself. To successfully bet on NFL football, however, it is important to spend as much time understanding the intricacies of the sports gambling marketplace"and in this regard nothing is more fundamentally important than understanding how NFL pointspreads are made and why they are moved. - 31493
About the Author:
Ross Everett is a freelance sports writer and a noted authority on sports betting and NFL betting. He is a frequent sports radio guest where he gives advice on how to successfully bet on NFL. He lives in Las Vegas with three dogs and a puma.