Understanding the Game: Football Betting Terms Glossary

What is Football Betting?

Football betting is simply the act of predicting the outcome of a football game and betting on it. To place a bet on football, you must understand the game and the different types of football bets you can place. Football betting has been around since the early days of soccer, but it has only recently gained in popularity and the industry has grown significantly. There is a wide range of different types of bets, so understanding the terminology and lingo used in football betting is critical to successfully wagering on this sport.

With football betting, understanding the terminology and lingo used will help you to make informed decisions when placing a bet. It is important to know the different types of bets and what they mean in order to maximize your winnings. Here is a look at some of the terms commonly used in football betting and a glossary of their meanings.

Point Spreads

A point spread is a way of making a game equal between two teams, regardless of the respective strength of each team. This type of bet is calculated by giving one team a certain number of points to make the game more equal. A team will be “favored” if they are given a higher score or “underdog” if they are given a lower score. For example, if the spread in a game is Patriots -3 and Jets +3, the Patriots are the favorites and need to win by more than 3 points for bets on them to win, while a bet on the Jets will win if they win the game outright or lose by fewer than 3 points.

Moneylines

Moneylines are bets that involve simply betting on the outcome of a game. Moneyline bets do not involve any point spreads; they are simply betting on which team will win or lose the game. Usually the favorite is assigned a negative line (e.g. Patriots -150) and the underdog is assigned a positive line (e.g. Jets +150). In this case, if you bet on the Patriots, you would need to risk $150 to win $100, while bets on the Jets would return $150 on a $100 wager.

Parlays

Parlays are bets that involve multiple games and the potential for large payouts. Parlays involve making a bet on the outcome of multiple games at once without any particular order. For parlays to win, all of the bets must win for the parlay to pay out at the end. Parlays have higher payouts than individual game bets because of the increased risk involved.

Totals

Totals are bets that involve betting on the combined score of both teams in a given game. Totals may be set at a certain number (such as over 7.5) or they may be open ended (such as over or under 35). In this case, betting on the over would require both teams to score more than the total, while betting the under would require both teams to score less than the total.

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