Mastering NFL Point Spread Betting: Expert Tips for Success

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16 min read
iconSep 17, 2024, 7:48 AMicon
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Sol Fayerman-Hansen
Sol Fayerman-Hansen
Editor-in-Chief
Last Updated: Oct 16, 2024, 1:21 PM
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NFL Point Spread Betting

Point spread betting is widely recognized as the most popular method for wagering on NFL games, offering a dynamic alternative to traditional win-or-lose bets. Instead of simply picking which team will win, bettors can engage with NFL odds by predicting how much a team will win or lose by. 

This type of betting adds a layer of strategy, making NFL betting odds particularly exciting as it balances out the strengths and weaknesses of teams. Whether you're betting on the Kansas City Chiefs to win by six points or the Los Angeles Rams to lose by fewer, the spread levels the playing field, ensuring both teams are competitive from a betting perspective.

This guide will explore not only the mechanics of NFL point spread betting but also how it compares to other betting options like NFL money line odds, which focus purely on a team's chance to win outright. Additionally, it will highlight key factors that impact the spread, from team performance to external factors like injuries. 

Whether you’re placing bets on regular season games or wagering on the Super Bowl, understanding these elements can make a significant difference in your success. We’ll also touch on advanced strategies and even live betting, offering real-time opportunities for adjusting your wagers as the game unfolds.

Always engage in point spread betting with a clear understanding of the risks involved. NFL odds can shift rapidly, especially in live betting, so it's essential to set limits, avoid chasing losses, and bet responsibly to ensure a positive and controlled experience.

Understanding NFL Point Spread Betting

In NFL point spread betting, sportsbooks establish a margin—referred to as the point spread—to level the playing field between two teams, giving the underdog a perceived advantage while slightly disadvantaging the favorite. 

This system is what makes betting on the spread NFL games exciting, as it gives bettors more options beyond simply choosing which team will win outright. For instance, consider a matchup between the Buffalo Bills and the Cincinnati Bengals, where the point spread might look something like this:

TeamPoint SpreadOdds
Buffalo Bills4.5-110
Cincinnati Bengals+4.5-110

In this scenario, if you're betting on the Bills, they must win the game by more than 4.5 points for your bet to pay out. On the flip side, if you place your wager on the Bengals, they can lose by up to 4.5 points, or win outright, for you to win the bet. 

The accompanying betting odds, such as -110, indicate the payout structure. In this example, to potentially win $100, you would need to wager $110. NFL odds often reflect various factors, including team performance, injuries, and where the game is being played—whether it's at the home team's stadium or on the road.

Take another example from the National Football League, where the Dallas Cowboys face the Philadelphia Eagles. If the home team Cowboys are favored by -3.5 points, this means they must win by at least 4 points for a successful bet. 

Alternatively, if you bet on the Eagles and they lose by 3 points or less, or win the game outright, you win the bet. The betting odds, in this case, might also show -110, representing the cost to wager on either side of the spread. The influence of the home team advantage, weather conditions, and player matchups can all impact the NFL odds set by sportsbooks.

Responsible Gambler Tip
When betting on spreads that involve fractional or half points, it’s crucial to stay within your limits. Always set a strict bankroll, understand the risks, and avoid chasing losses—especially in close games where the outcome can change quickly.

Betting on the spread in NFL games requires not just an understanding of NFL odds but also a strategic approach, especially when the home team factor comes into play. NFL odds often shift throughout the week due to injury reports, team performance, or even public perception, making it important for bettors to stay informed.

How to Bet on the NFL Point Spread

Betting on the NFL point spread involves more than just picking a team to win. Here's a simplified breakdown:

  1. Choose Your Game: Select an NFL game—let’s say the Kansas City Chiefs vs. Buffalo Bills.
  2. Understand the Spread: If the spread is set at Chiefs -6.5, this means the Chiefs must win by at least seven points for your bet to win.
  3. Place Your Bet: If you believe the Chiefs will win by more than 6.5 points, you bet on them to cover the spread. If you think the Bills will keep it closer, bet on the Bills +6.5.
  4. Know the Odds: Most point spreads come with American odds, such as -110. This means you'd bet $110 to win $100.
  5. Check the Results: Your bet is successful if the team covers the spread—either by winning by more points or losing by fewer points than the spread.
Example
In a 2024 regular-season matchup, the Buffalo Bills were favored by -7 points against the Miami Dolphins. The Bills won 31-27, meaning the Dolphins covered the spread despite losing the game outright.

Key Factors Influencing NFL Point Spreads

Point spreads aren't arbitrary; they are carefully crafted by sportsbooks, considering various factors. Here's what impacts spreads:

1. Home Field Advantage

The team playing at home generally receives an automatic 3-point advantage due to crowd support and familiar surroundings. For instance, the Kansas City Chiefs typically have one of the strongest home-field advantages in the NFL.

2. Injury Reports

Injuries to key players, such as a quarterback or star player, can shift the spread significantly. If a quarterback like Joe Burrow of the Cincinnati Bengals is sidelined, the spread may adjust by several points in favor of the opposing team.

3. Public Perception and Betting Action

The public often bets on high-profile teams like the Dallas Cowboys or the New England Patriots, which can shift the odds. When the majority of the betting action is on one team, sportsbooks may adjust the point spread to balance out the wagers.

4. Recent Performance

A team’s recent form plays a huge role. If a team like the Buffalo Bills has been winning by large margins, they might see larger spreads in future games to account for their dominance.

Influencing FactorImpact on Spread
Home Field Advantage+3 points typically for home team
InjuriesSpread adjusts based on key players
Public PerceptionHigh-profile teams often have tighter spreads
Recent PerformanceDominant teams may see larger spreads

.

Advanced NFL Betting Strategies

Once you understand the basics of point spread betting, it's time to move into advanced strategies that can give you an edge:

1. Shopping for the Best Line

Different sportsbooks may offer slightly different point spreads for the same game. For example, one sportsbook might have the Buffalo Bills favored by -6.5, while another may have them at -7. If you believe the Bills will win by exactly seven points, getting the -6.5 line offers more value.

2. Key Numbers in NFL Betting

In the NFL, certain point differentials are more common than others. Games often end with a 3-point or 7-point margin, so be cautious when betting near these numbers. Understanding key numbers like 3, 7, and 10 can be crucial when betting the spread.

3. Betting on Underdogs in Divisional Matchups

Divisional games tend to be more competitive due to the familiarity between the teams. In 2024, a game between the New York Giants and the Dallas Cowboys saw the Cowboys favored by 9 points. However, divisional matchups are often closer, and the Giants covered the spread, losing by only 5 points.

4. Hedging Bets

If you have a large wager on a team to cover the spread, you might hedge your bet by placing a smaller bet on the other team's money line to mitigate potential losses.

NFL Against the Spread (ATS) Betting

ATS betting, or betting against the spread, involves wagering on how teams perform relative to the spread rather than just betting on wins and losses. Some teams consistently perform well against the spread, even when they lose games.

Example
The Miami Dolphins in the 2023 season were 8-2 ATS after their first ten games, meaning they covered the spread in eight of those games, even though their win-loss record was less impressive. Tracking teams that outperform expectations against the spread can lead to smarter betting decisions.

Managing Your NFL Betting Bankroll

Managing your bankroll is essential to ensure long-term success in NFL betting. It’s easy to get caught up in the excitement of NFL games, but disciplined bankroll management helps protect you from big losses.

  • Set a Betting Budget: Decide on a fixed amount of money to wager throughout the NFL season.
  • Bet a Fixed Percentage: It's often smart to bet only 1-3% of your bankroll on each game.
  • Avoid Chasing Losses: Losing a few bets in a row is normal. Stay patient and don't increase your stakes to try to win back lost money.

Staying Up-to-Date with NFL News and Trends

Staying informed is crucial in NFL betting. Key player injuries, weather conditions, and last-minute lineup changes can drastically affect a game’s outcome.

  • Follow Injury Reports: Injuries to key players like quarterbacks or star defensive players often result in significant shifts in NFL point spreads.
  • Monitor Betting Trends: Betting action can shift spreads throughout the week. It’s smart to follow how the lines move and place bets when the odds are most favorable.
Example
In Jan. 2024 in the Monday Night Football game between the Buffalo Bills and Kansas City Chiefs, the line moved from Bills -4.5 to Bills -6 after news broke that the Chiefs’ starting cornerback was ruled out.

Common NFL Point Spread Betting Mistakes

Even seasoned bettors make mistakes. Here are some common pitfalls to avoid:

  • Ignoring Key Numbers: Many games end in margins of 3 or 7 points. Betting without recognizing these key numbers can lead to losses.
  • Betting with Emotion: Don't bet on your favorite team just because you support them. This can lead to biased decision-making.
  • Overvaluing Favorites: Betting on favorites with large spreads (like -10 or more) can be risky, especially when facing strong divisional opponents.
Free NFL Point Spread Picks and Tips
While relying on free picks from experts can be tempting, doing your own research is crucial. Analyze matchups, injuries, and recent team performance before placing bets. Free tips are helpful but should be used as a guide rather than a definitive prediction.

Responsible Gambling Tips for NFL Betting

Betting on the NFL can be an exciting way to engage with the football season, but it's crucial to stay in control and practice responsible gambling to ensure a positive experience. Here are some key tips to help you manage your NFL bets effectively:

Set Time Limits: With so many sports betting options available, it's easy to get lost in analyzing every game, whether it's regular season matchups or the Super Bowl. To avoid this, set clear time limits for how long you'll spend reviewing NFL spreads, comparing adjusted odds, or building your bet slip. This is especially important during the Super Bowl when NFL betting activity peaks.

Know When to Walk Away: In sports betting, it’s essential to recognize when it's time to stop. If you find yourself placing more bets after a loss—whether it's a prop bet on the Kansas City Chiefs or a futures bet for the next football season—take a step back. Chasing losses can lead to placing rash money bets, particularly on spreads where half point differences or adjusted odds can drastically impact the outcome.

Stay Mindful of NFL Spreads and Odds: When wagering on NFL spreads, whether it's betting on the underdog or a favorite, keep a close eye on how the odds change. For example, a shift from negative odds to positive odds can occur quickly based on team performance, injuries, or public sentiment. Don’t feel pressured to make a bet based on these fluctuations; remember that your betting decisions should be well-informed, not rushed.

Understand Risk in High-Profile Games: Betting on high-stakes games, such as the Super Bowl, can increase the temptation to wager larger amounts or try new betting strategies like placing a futures bet or a prop bet. Whether the Kansas City Chiefs are favored by six points or seven points, it’s important to keep your bets measured and within your bankroll.

Seek Help if Needed: If your sports betting habits start to feel out of control, it's essential to recognize the signs early. Organizations like the National Council on Problem Gambling offer resources and support for those who need it. Whether you’re placing bets on two teams in an NFL showdown or reviewing an odds page for upcoming games, it’s always okay to take a break if needed.

Responsible gambling means setting clear limits, both in time and money, and knowing when to step away. Whether it’s a half point spread or a money bet on the Super Bowl, always prioritize your well-being over the outcome of your wager.

<p>With 20+ years of writing experience across sports, gambling, regulation, technology, and startups, Sol brings a broad understanding to his role as Editor-in-Chief at RG. His work provides clear, factual information to help readers make informed decisions about gambling. Sol’s approach is about transparency and research, so the content at RG is straightforward, evidence-based, and accessible.</p><p>At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.</p>
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At RG, Sol keeps the focus on the reader by maintaining a standard of reliability and integrity in the information shared. Under his editorial direction, RG aims to provide practical insights into sports and sports entertainment that support a balanced and informed approach. Sol’s approach has helped RG become a go-to source for readers looking to engage responsibly and thoughtfully in the industry.

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