Betting on American Football
American football bettors receive top football betting odds when wagering on the internet on the NFL (National Football League), and NCAA College Football Football Leagues.
National Football League Games (NFL)
In 1920 eleven teams were created as the American Professional Football Association and then renamed to the National Football League in 1922, and now, the NFL is the world’s premier American Football League. Starting in September and ending in late December, the NFL comprises (currently) a total of thirty-two teams, divided into two conferences (AFC and NFC), each with four, four team divisions. Online Sportsbooks offers the following American Football bet types on the NFL regular season: Games Lines, Exotics and Future Betting.
American Football Play-off Betting
After the regular season, the top six teams from each American Football League conference compete in the NFL play-offs, a twelve-team knockout tournament, for their place in the Super Bowl. Sportsbooks typically offer the following American Football bet types on the NFL Play-offs: Games Lines, Exotics and Future Betting.Super Bowl Betting
First played on January 15, 1967, the Super Bowl is the National Football League’s Grand Final event. The Super Bowl attracts record-breaking television audiences and is famous as one of the most popular entertainment events in the United States. Winning the Super Bowl is the greatest honour achievable in American Football. Bookies offer the following American Football bet and wager types on the NFL Super Bowl: Games Lines, Exotics and Future Betting.
NCAA College Football Betting
Played by teams from university, college and military institutions throughout the United States, NCAA College Football’s popularity is second only to the NFL. The College Football season starts annually in late August and runs through to January/February. League highlights include: Army-Navy Game, Bowl Games, East-West Shrine Game, Hula Bowl, Senior Bowl, Texas vs. The Nation Game and Bowl Championship Series. Sportsbooks offer the following American Football bet types on NCAA College Football: Games Lines, Exotics and Future Betting.
American Football Teams
National Football Conference: St. Louis Rams, Arizona Cardinals, San Francisco 49ers, Seattle Seahawks, Atlanta Falcons, New Orleans Saints, Carolina Panthers, Tampa Bay Buccaneers, Minnesota Vikings, Chicago Bears, Detroit Lions, Green Bay Packers, New York Giants, Philadelphia Eagles, Washington Redskins and Dallas Cowboys.
American Football Conference: New England Patriots, New York Jets, Miami Dolphins, Buffalo Bills, Pittsburgh Steelers, Baltimore Ravens, Cleveland Browns, Cincinnati Bengals, Indianapolis Colts, Houston Texans, Jacksonville Jaguars, Tennessee Titans, Denver Broncos, Oakland Raiders, San Diego Chargers and Kansas City Chiefs.
What are Units in Sports Betting?
We are often asked what handicapping units are relative to sports betting. We’re happy to explain that for you.
Units is a term used by sports handicappers, monitors and amateur handicappers posting in sports betting forums used in correspondence to record to show the actual amount of money won or lost relative to their win/loss record. We’ll give you an example here:
Let’s say you go to a pro handicapper’s site and he states that he is 50-35 for +11.5 units on the season. Let’s assume that he’s calling a unit a $110 bet to win $100 on each game. At the standard -110 betting odds, he’s more or less saying that he’s won 50 games (50x$100=$5000.00) and lost 35 (35x-110= minus $3850.00.)
Since his unit is $100 and he’s up 11.5 units, this would state that he is beating the book for $1,150 on the season.
Don’t be confused though, a unit doesn’t have to be $100. If your a small bettor which MANY are, your unit may be $10 with your bets risking $11 to win $10. In that case, you would be up 11.5 x $10 = $115.00.
On an unrelated note, if your units are only $10 you better not be out there hiring a handicapper to do your picks because his service is going to cost you more than he wins for you and that’s even a big IF he wins!
For Pro Football handicappers that have withstood the test of time, there is no secret to thier success. It always has been about hard work and honesty, and getting consistent winners and delivering excellent customer service. Such Pro Handicappers spends hours researching every college and NFL game that gives our clients the best chance for success each weekend so that they can offer the best College and NFL Picks.
Along with all that you expect Pro Football Handicapping organizations to have additional handicappers listed.
You should check out each capper’s individual pages for daily betting updates and possible BIG PLAYS!
The season starts in August when the NFL Exhibition Game takes place and College Football starts at the end of the month. Weekly picks in both college football and NFL will take place through December, and then the handicappers turn their attention to the College Bowls and NFL playoffs. The Super Bowl will conclude the pro football handicapping season during the first week of February. When buying picks, your best bet is to purchase a complete season pass, typically 500-1,000US. This is still the best value around and there are no hidden fees normally, once you purchase a season package you canaccess to every pick the handicapper makes for the entire playing season. If you are interested in signing up for multiple handicappers you may be eligible for a discount.
Along with full season packages, you can buy weekly and monthly packages. With any pro football handicapping package that you purchase you will receive the same picks that seasonal members recieve.
Each handicapper will give you his best picks for a set period of time, or you boot him!
Each handicapper on the popular handicapping websites site will work differently but you can expect around six to seven football picks per week. (from each handicapper) They usually consist of 5 to 7 college football picks and 3 to 4 NFL football picks based on a 1 to 8 unit rating. All football Picks come with detailed analysis, current lines, game times, and TV Channels.
Many of the cappers will guarantee you a profit with any of their handicapper packages or will extend your service and work for free until you profit.
Typically bettors are looking for an easy to use one stop sports information service that features College football picks, NFL football picks, Free college football picks, plus college football predictions, sports betting advice, free football picks, Matchups, Statistics, Lines, Odds, Scores and more.
Also known as a combo, a parlay is a selection of two or more wagering outcomes, in which the odds for the payouts increase with the number of teams (sides/totals) chosen; the more teams you choose to parlay, the better the payout. You can combine different sports, pointspreads and moneylines in win/loss and/or totals betting.
In all honesty it’s hard for me, on behalf of players, to recommend parlays because of the high hold percentage given to the house, but I can understand why players like betting parlays – it’s all about the big payoffs! “Sometimes the smallest investments can turn into the greatest rewards,” said one winner.
In fact, we’ve had a few big winners recently. On August 23, 2004, Matt from Manhattan Beach won $49,998.00 with a wager of $51.24 on a 10-team baseball parlay. Then on November 1, 2004, Troy from Missouri wagered $5 on a 12-team parlay and won $6,467. Rishi from California wagered $10 on a 12-team parlay and won $21,101 the same day.
Allow me to explain the math behind fixed odds parlay payouts. (I can hear the collective groan now, but it really isn’t that hard.) Fixed odds parlays involve football and basketball spreads and totals at standard odds (-110). Rather than having to calculate the odds of every parlay uniquely, Vegas books (and now offshore) ones have instead derived a standard set of “fixed odds” payoffs for such parlays.
Let’s look at a simple 2-team parlay using a real example, Chicago at Dallas. The line is Dallas –3.5 and the total is 36. Parlaying a side and the total gives us four combinations:
a) Dallas -3.5 and Over 36
b) Dallas -3.5 and Under 36
c) Chicago +3.5 and Over 36
d) Chicago +3.5 and Under 36
The odds of any one of these plays being a winner are 1-in-4 so the actual odds would be 3/1. In actual fact, most books pay 2.6/1 (you see it commonly written as 13/5) assuming all bets are at stand payoffs (-110).
To clearly illustrate how this works for the house let’s assume four different players each bet exactly $100 on a different one of the four possible parlays for this game and Parlay D is the winner. The house would collect $100 from Allan, Bob and Charlie (who bet A, B, and C respectively) and would pay the $260 to David (who had the winning play on Parlay D). David would also get his risk money back. In total the house would collect $400 in handle, collect $300 and pay out $260 for a net gain of $40, which is a 10% theoretical hold (300-260=40, 40/400=10%).
For 3-team parlays it is essentially the same calculation except there are 8 possible outcomes and the payoff is 6-1. With $100 bets on each outcome, books would collect $700 from the losing plays and pay out $600 to the winner for a net profit of $100 on $800 in handle for a 12.5% theoretical hold. Below is a chart using standard Las Vegas payouts showing the actual odds, Las Vegas payout and the house vigorish:
|# of Teams||Actual Odds||Las Vegas Payout||House Edge|
It doesn’t take a rocket scientist to see that bigger than 3-team parlays should do very well for books but in fact we don’t hold this much. It is hard to split the action on one game and it is impossible to evenly split the action in parlays involving multiple games. We often see the same picks over and over in different parlays and so the higher juice is simply to cover the risk of having to pay out the occasional very large bet. Any bookmaker that has had a good weekend ruined by a big 1000/1 payout on a parlay knows the feeling and would argue that the juice isn’t high enough! Remember that these odds are just the Vegas standard and that there a wide range of different payout tables.
Benefits to the Bettor
Now that the math is out of the way, let’s talk a little about how parlays can benefit the bettor. First off, there are always certain games where you hear people say things like “If they can keep the score low, they have a chance at winning”, or “they need to score at least 30 points to really have a shot”. Certain games have a slight correlation between the spread and total and betting these situations in a parlay can be a big advantage to bettors. This is especially true of very large spreads. On a college football game where the spread is –40 and the total is 51, it is very difficult for the favorite to cover and have the total still be Under. Granted, 42-0 or 49-0 gets it done, but if the dog even scores just a Field Goal the favorite must score 44 points to cover, but cannot score more than 48 points or the total goes over, a very limited range to win such a parlay. You can virtually remove this option from the 4 possible parlays and are now left with a situation where the payoff is 2.6/1 for just 2/1 odds against, a +30% advantage.
In fact, if you play favorite/over or dog/under in situations where the spread is 40% or more of the total, you should come out ahead. These are known as correlated parlays and many books won’t take them for obvious reasons but it never hurts to ask.
Ah, college football. It’s one of the most anticipated sports season among sports bettors. If you are like most sports bettors, the words college football parlay makes you salivate. Step into any Las Vegas sportsbook on Saturday during the college football season and you will see lines of people frantically filling out hopefully soon-to-be winning college football parlay cards.
At many sportsbooks, ties win on their parlay cards. The Internet has really opened things up. Now you can shop around for the best parlay card rates—and you better shop. Many sportsbooks have adopted a standard rate, but there’s usually 1 or 2 that’s different. Of course, the real reason to shop around is the point spread. In college football, it’s possible to save a couple points (sometimes more—depending on how large the spread is) by shopping around.
Just what are your odds of actually hitting a college football parlay card? As you might know, your odds increase with the number of teams selected. In my opinion, there’s no reason to play a two-team parlay card. You are better betting both games straight up. Therefore, I am going to start with a three team parlay card and give you the probability of winning.
College Football Parlay Card Probabilities
3 Team College Football Parlay Card: 1 in 8
4 Team College Football Parlay Card: 1 in 16
5 Team College Football Parlay Card: 1 in 32
6 Team College Football Parlay Card: 1 in 64
7 Team College Football Parlay Card: 1 in 128
8 Team College Football Parlay Card: 1 in 256
9 Team College Football Parlay Card: 1 in 512
10 Team College Football Parlay Card: 1 in 1024
Your best parlay card is the three-team parlay. Most sports books will pay 6-1 for a winner, which is just slightly less than the true odds. The higher you go, the larger the difference between the payout and the true odds. Of course, you won’t be thinking about true odds when you bag a nice ten-team parlay card. It’s quite the rush.
If you have never played a parlay card, it’s time you start. Don’t miss out on one of the most exciting thing to do during the college football season. Make it a point to put in at least one parlay card—a three-team parlay card to start. Now, get out there and win some money on college football.
In the 21st Century, long hours and hard work have gone out the windows and everybody is looking for the get-rich-quick scheme. Slot machines have taken over casinos and lottery tickets are selling at the highest rate ever. People are hoping against hope that they will be the one-in-a-billion person to beat the system and wind up with a boatload of money. Parlays fit this mold, as they allow people to invest a minimal amount of money with the chance of a huge payday if they can correctly pick a certain number of winners without any losers. The problem is that one loss is all that it takes to kill a fine looking parlay card. The following examines the best ways to beat the books playing parlays.
One does not need to say any more then what is better to play, straight bets or parlays. The following chart should answer that question for you.
|# of plays||Standard Odds||True Odds|
As one can see playing each game individually would result in a greater profit for the gambler. But this is not always an option, as games may be going on at the same time and one does not have the ability of reinvesting the money. The keys to look for in winning a parlay card are as follows.
1) Bet more and keep the teams low. I recommend keeping parlays to 2, 3, or 4 teams. If you go over four teams the advantage shirts greatly to the house, as they hold all of the advantage. Instead of playing a 5-team parlay for $10, play a 3-team parlay for $30. More often then not, you will be happier and winning more.
2) Check the rules of the parlay. Offshore is the best place to play a parlay, as the majority of books push down on all ties. Local parlay cards that can be found at most sports bars do not offer the same benefits. Some allow for one tie, while other cards consider a tie a loss. With the accuracy of the Las Vegas lines, these are great disadvantages to the gambler and need to be avoided if at all possible. If you play cards with this type of format, do your homework when making selections. Avoid selecting a team where the line is 3, since this number decides most football games. Try and select games where the spread has a ½ involved, as this will guarantee you a win or a loss.
3) Hedge your bet whenever possible for large parlays. Say one had an outstanding weekend in football and has hit six selections of your seven-team parlay with the only remaining game taking place on Monday night. One invested $10, and has a chance to win $800 if the Monday night goes as planned. I would take the suspense out of the Monday night game and make a side bet of $418 on the other side. This will guarantee you a profit of $392 if you hit your 7-team parlay. If you would happen to lose the game, you would collect $380 on your side bet. This is the smart move, as you are ensuring yourself a substantial profit and can just enjoy Monday Night Football. However, this should only be applied when you are one game away from winning the parlay, as the odds decrease when you have two or more games left to win.
These are the techniques that I would recommend when betting parlays. Parlays are a fun way to get started in this form of gambling, as they allow one to keep the amount risked low. Unfortunately, one will suffer more losing day then winning days when betting parlays. Doc’s is your place for consistent winners, as we have been in the sports information business for over 35 years.
The college football parlay card. It’s pure fun. Each week of the college football season, I make at least one football parlay bet.
The payouts for parlay cards are about the same across the board. Usually, you’ll find a couple different types of cards: ties win, 1/2 point and teaser.
Below, you’ll find the typical pay for winning a NCAA football parlay at any sportsbook.
College Football Parlay Payouts
2 Team College Parlay – 13/5
3 Team College Parlay – 6/1
4 Team College Parlay – 10/1
5 Team College Parlay – 20/1
6 Team College Parlay – 40/1
7 Team College Parlay – 75/1
8 Team College Parlay – 100/1
9 Team College Parlay – 150/1
10 Team College Parlay – 300/1
11 Team College Parlay – 450/1
12 Team College Parlay – 600/1
13 Team College Parlay – 750/1
14 Team College Parlay – 900/1
15 Team College Parlay – 1500/1
The more college football bets added to the card, the bigger the payout. Scoring on anything over a 6-team parlay is challenging. Still, I have scored on some large football parlay bets.
Normally, I don’t bet anything over a 5-team parlay. But there are exceptions. I love smaller parlay bets.
If you want to know the best college parlay to bet and want to learn how to win more football bets, check out this free 20-minute NCAA football betting video. I know you’ll enjoy it.
I plan on winning a lot of football bets this season. How about you?
Good luck with your football bets.
LEAD: A day after the Oregon Lottery Commission approved betting on professional football games as a way to finance intercollegiate athletics, state officials defended the action against protests by the National Football League that such legal gambling would threaten the integrity of the game.
A day after the Oregon Lottery Commission approved betting on professional football games as a way to finance intercollegiate athletics, state officials defended the action against protests by the National Football League that such legal gambling would threaten the integrity of the game.
”We are having trouble understanding their criticism,” said Jim Davey, the director of the lottery. He suggested that the N.F.L.’s complaints were overblown in the face of the league’s failure to protest legal gambling in Nevada as well as the league’s apparent tolerance of the vast system of illicit gambling, which is widely believed to stimulate interest in N.F.L. games.
David Dix, the majority leader of the Democratic-controlled Oregon House of Representatives, who introduced the legislation that laid the groundwork for the new system, was especially forceful in denouncing N.F.L. critics.
”They’re talking out of both sides of their mouths,” he said.
Dix accused the officials of criticizing legalized gambling in Oregon while not only tolerating, in his view, but also actually encouraging illicit football bets by providing detailed statistics to oddsmakers and allowing the networks to include information on point spreads in their N.F.L. broadcasts.
Told that the N.F.L. had attributed the networks’ use of point spreads to their determination to demonstrate their independence from the league, Dix scoffed, saying that the National Collegiate Athletic Association prohibited the networks from using such gambling information in broadcasts of college games.
Davey, Dix and other Oregon officials pointed out that the new betting system was adopted as a way of providing some desperately needed funds to the seven state-run schools with athletic programs. Tax Rejected
Dix noted that he had introduced his bill after Oregon voters, in a referendum last November, rejected a proposed sales-tax increase on beer and cigarettes to finance the athletic programs.
Under a policy that has been maintained by the state’s Board of Higher Education for most of this decade, no tax revenues are used to finance athletics at the University of Oregon, Oregon State University and Portland State University, although some state funds are used to subsidize the programs at four regional schools in the system.
Partly as a result, spending by Oregon and Oregon State has lagged far behind most other members of the Pacific-10 Conference, while the two schools and Portland State have amassed a cumulative deficit of more than $3 million.
The new betting system is designed to raise as much as $8 million a year for athletics for the seven schools, which have been spending about $18.5 million a year on athletic programs. State Gets About One-Third
Since the lottery law, which requires a 50 percent payout to ticket holders, reserves 34 percent of the gross as state benefits, the new system will have to gross about $25 million to reach the $8 million level.
Davey said he expected the system to gross between $10 million and $30 million the first year. He also said the payout under the parimutuel system would compare favorably with the legal betting in Nevada.
Under the Oregon system, which is to begin with the start of the N.F.L. season in September, bettors will be able to use any of the state’s 1,470 lottery outlets to fill out parley cards in which they seek to pick the winners, based on point spreads, of 4, 5, 6, 7, 8, 9, 10 or 14 games with bets ranging from $1 to a maximum of $20 per card.
In Nevada, where a bit more than $1 billion a year is bet legally on sports in casinos and elsewhere, football accounts for somewhat more than half the bets. There is some indication that state-run football pools would double the number of people who participate in organized betting on football.
By Jeff Haney, Lasvegassun.com
In preparing a survey on the best and worst football parlay cards in Las Vegas casinos, I heard an advertisement proclaiming the Boyd Gaming/Coast Casinos properties have “the best parlay cards on the planet” this season.
Wow! The best on the planet! All right!
I couldn’t wait to bear witness to them, let alone bet on them.
As it turns out, they’re not even the best parlay cards on Fremont Street.
On its standard football parlay card that uses half-points in the spreads, for example, Boyd/Coast pays 5 1/2-1 for going 3-for-3, average for Las Vegas. Lucky’s at the Plaza pays 6-1 on the same proposition, and the Hard Rock and Cal Neva pay
Likewise, on four-teamers Boyd/Coast pays 11-1. Better odds, as high as 12 1/2-1, are available at no fewer than nine other local casino operations.
The pattern continues on Boyd/Coast’s odds on five-teamers through 10-teamers. On every one of those wagers, better odds can be found elsewhere in town.
Sometimes those odds are a little better. Other times, they are significantly better. Most egregiously, for instance, on eight-teamers Boyd/Coast pays only 174-1 while other sports books offer odds as high as
Boyd/Coast does not fare any better on its selection of goofy, gimmicky cards, on which the odds are mostly the same as or worse than on similar cards in town.
Yet Boyd/Coast informs us in its radio advertisements that its parlay cards are the “best” on “the planet,” a blatant lie that goes beyond the usual bluster and hype and reflects poorly on legal gambling in Nevada.
Put this one down in the annals of Las Vegas marketing atrocities alongside the Strip casino that touted its “whopping” payoff of 6-5 on blackjacks a few years ago. (Blackjack games that pay 6-5 instead of the traditional and more favorable 3-2 have since proliferated, although the “whopping” tag has faded away.)
In fact, you could argue the current Boyd/Coast promotion is worse. The “whopping 6-5” campaign, while certainly sleazy and demeaning to customers and visitors to Las Vegas, might have been relying on a twisted definition of “whopping” rather than being technically false.
Touting parlay cards as the best on the planet while offering average or below-average odds serves to lower the discourse on the business of state-regulated legal gambling toward the level of a big con.
Considering the success of the state’s gambling industry hinges on accountability and the concept that each customer is entitled to a fair shake, here are some suggestions on how Boyd/Coast should change its ads:
1. Don’t trot out the demonstrably false claim that the properties offer “the best parlay cards on the planet.” Instead, state that in the case of the standard half-point card, for instance, gamblers are better off playing elsewhere in town whether they’re playing three-teamers, 10-teamers or any bet in between. (Yes, I’m dreaming there.)
2. Say the parlay cards are the “juiciest” or the “meatiest” or some other advertising-nonsense word. Yes, this would be meaningless drivel and a waste of everyone’s time, but at least it wouldn’t be an out-and-out falsehood. (Sadly, this is probably the most realistic solution to the problem.)
3. Put forth a high-quality product and then speak truthfully about it in ads. (Yep, dreaming again.)
So if not Boyd/Coast, then who does have the best parlay cards on the planet?
Don’t know, but we can offer a rundown of the best in Las Vegas.
By any standard, parlay cards are big business in Nevada. Last year gamblers risked about $68.7 million on parlay cards in the state’s sports books. The casinos won, or “held,” 29.5 percent of that money, or about $20.3 million, according to the state Gaming Control Board.
Because the point spreads printed on the cards are static, it’s common practice for sports book managers, at their discretion, to occasionally restrict parlay-card wagering on certain games that have had big moves in the line.
It’s up to you, Gentle Reader, to determine which books, if any, are too quick on the trigger in removing games from parlay-card wagering. We don’t take that variable into account.
Our analysis is based solely on the odds payouts on the cards, which vary, sometimes substantially, by casino property even on cards that are otherwise virtually identical.
It’s based on the standard football parlay card, either a half-point card (in the case of 12 sports books in Las Vegas) or a ties-reduce card (the other seven distinct sports books). On a ties-reduce card, a tie against the spread is considered a push and the action is reduced by one selection (a 10-teamer becomes a nine-teamer, and so on).
Oh, and although parlay cards use weird, misleading terminology such as “50 for 1,” we don’t. Here in the real world, “50 for 1” means 49-1. The “for 1” phraseology comes from the bizarro realm of corporate doublespeak, where gambling is “gaming,” the Super Bowl is the “professional football championship contest,” and rank suckers (such as those who think Boyd has the best parlay cards) are “valued guests.”
Following are the best bets, and those to avoid, on football parlay cards in Las Vegas this season:
Three-teamers: Lucky’s and the Poker Palace have the best odds at 6-1. Cal Neva and the Hard Rock are also solid at 5 3/4-1. The worst are Harrah’s, MGM Mirage, Planet Hollywood and Wynn at 5-1.
Four-teamers: The Hard Rock is the best at 12 1/2-1. Planet Hollywood and MGM Mirage are the worst at 10-1.
Five-teamers: Cal Neva, the Golden Nugget, the Hard Rock and Lucky’s pay 25-1. Avoid the 21-1 odds at Harrah’s, MGM Mirage, Planet Hollywood and the Venetian.
Six-teamers: Cal Neva, the Golden Nugget and the Hard Rock are the strongest at 51-1. Watch out for Harrah’s properties, which pay 39-1.
Seven-teamers: Cal Neva is the best at 103-1. Avoid the 79-1 at Leroy’s, Planet Hollywood, Station Casinos and the Venetian.
Eight-teamers: Cal Neva is tops again at 207-1. The Hard Rock is also strong at 204-1. The worst, at 159-1, are Leroy’s, Planet Hollywood, Stations and the Venetian.
Nine-teamers: The best are Cal Neva, the Golden Nugget, the Hard Rock, Lucky’s and the Palms, which pay 419-1. Avoid the Venetian and its 319-1 at all costs.
10-teamers: The best are Cal Neva, the Golden Nugget, Lucky’s and the Stratosphere properties at 849-1. Avoid the 699-1 at Harrah’s, MGM Mirage and Wynn.
Best overall (in Las Vegas, if not the planet): Cal Neva in a landslide.