NFL Vegas Odds
Baseball might be America’s pastime, but football takes most of the betting action in Las Vegas. Gamblers are drawn to the NFL. According to the state’s gaming commission, $3.2 billion was wagered in sports bets in Nevada casinos in 2011. Of that total, $1.34 billion (41 per cent) was bet on football.
Vegas NFL Betting Online
The Las Vegas Strip has much more to offer than slot machines, table games, luxurious hotels, nightclubs and endless Cirque du Soleil shows.
Oh no, there’s much more than that.
While you will see lineups at discount brokers or the latest restaurant opening, you can also expect to wait in line at the MGM Grand, Venetian, Planet Hollywood, Mirage and many other sports books on a Sunday right before the NFL kickoff.
While the style and decor of Vegas sports books may differ, they all deliver a similar betting experience. All of the odds can be found either printed out in a designated location or on the huge display screens. Money line, point spreads, over/under, first-half betting lines. Prop bets and parlays. Take your pick, or bet them all.
The NFL pregame shows can be seen on the huge HD screens while bettors line up to make their wagers. If you aren’t in Las Vegas but want to get in on the big game, there are some terrific online options like Bovada, TopBet and Betonline.
There’s no reason you can’t have some money on the home team. And you don’t have to fly to Las Vegas to get in on the action.
To clearly explain the following betting options, let’s use an outcome of a real game to explain each wager. New England (-250) at Tampa Bay (+215); point spread, New England (-6), Tampa Bay (+6); over/under, 54.5.
The final score of the game: New England 19, Tampa Bay 14.
NFL Money Lines
There is no spread on the money line, so your team just needs to win the game for you to cash. If you bet New England, you have a winning ticket.
How much do I win and what does -250 mean?
When betting the favorite, the minus number (-250) is how much money you have to bet to win $100. In this case where New England won, you would have to bet $250 to win a profit of $100. When you cash your $250 money line ticket on NE, your return is $350.
When betting the underdog, the positive number (+210) is how much money you win if you bet $100. In this case, if Tampa Bay had won, you would have to bet $100 to win a profit of $210. When you cash your $100 money line ticket on TB, your return would be $310.
NFL Point Spread
In our example, New England won the game but did not “cover” the spread. New England (-6) won by five points. Being the favorite at -6, New England had to win by seven or more points for you to win on New England against the spread.
If New England had won by six points, that’s called a “push,” and your initial bet is returned. In this case, if you bet the spread on Tampa Bay (+6), you win.
The Buccaneers beat the spread and only lost by five points.
NFL Over Under
Oddsmakers posted the over/under line for our game at 54.5 points.
The total score is (19+14) 33. If you bet the under, you are a winner.
Watch the betting line right up until you make your wager as the line will change according to betting trends. Once you place your bet, the line is fixed.
Future bets are placed for an outcome that happens at a later date — like the Super Bowl or conference championship. While the final score in our example does not decide the outcome of either of those two events, it is meaningful in that New England is one step closer to the playoffs with a victory. In a futures bet, you can wager on New England now to win the Super Bowl. If they win the championship, you win. If they don’t make the postseason or lose at any time in the playoffs, you go down with them.
NFL Player Props
Will Tom Brady throw for 300 yards? Will there be more than three turnovers in the game? Will DeSean Jackson gain more than 100 receiving yards?
These are prop bets. They have nothing to do with the final outcome of the game, but they are exciting options for gamblers. You decide which side of the bet you’re on. Brady passed for 303 yards, there were two turnovers and Jackson had 106 yards receiving.