Some books won’t even release a moneyline when a game’s spread is less than three points or greater than ten. It’s worth noting that some books will limit your opportunity to bet the moneyline, generally releasing it a few days later in the week than they do the spread. However, the moneyline does provide a chance at big winnings if an underdog comes through, so if you had a good feeling about the Jets, the moneyline would be the better play. That same bet of $270 would pay out nearly $235 if Buffalo just wins by seven, which is a touchdown and a convert not hard to imagine. Rather than wager $270 on Buffalo to win straight-up for a potential payout of just $100, it’s easy to talk yourself into taking the Bills -6. As you can see, the disparity in payout between the spread and the moneyline can be great at times. It’s a less popular option for single bets in the NFL because of the subpar payouts for betting the favorite. It’s rare to see an NFL team favored by 16 or more: it’s only happened 80 times in the league’s lengthy history.īetting the moneyline means performing the simple act of picking who will win the game.
Regarding ranges, NFL spreads typically fall between a pick’em and 15 points. NFL spreads are made available for the following week every Sunday night after the majority of the previous week’s games have been played. So, when you see Buffalo listed as six-point home favorites, bookmakers are saying that, on a neutral field, they’d be three-point favorites. Typically, if two NFL teams are evenly matched, the home team is a three-point favorite conventional wisdom is that home-field advantage counts for roughly three points in the NFL. In the NFL, since scoring can come in 2, 3, 6 and 7-point increments, the spreads for football typically settle around those margins. Not only does a spread balance the odds between unequal opponents, but it can create drama late in games that would otherwise lack any. Betting against the spread is the most popular method for NFL wagering, and as we’ve covered how against the spread bets work, it’s straightforward to do.
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