NFL Odds and Betting Lines
If you're a football fan and want to know more about betting, our experts have put together this guide on NFL odds and betting lines to give you a crash course on everything you need to know.
Football is the third most popular sport in Canada with lacrosse (2nd) and hockey (1st). However, there is no Canadian team in the NFL because of the existence of the CFL, which is a competition specifically created for Canadian football teams.
The Basics of NFL Odds and Bets
On this NFL odds page, we'll cover all the basics of NFL odds and betting lines including how to read betting lines, how winnings are calculated and some of the key things that any bettor should know about betting on the NFL in Canada.
Reading NFL Betting Lines
You'll notice odds are displayed using the moneyline system in Canada.
How it works is based on the value of $100. Football odds will have either a negative or positive symbol in front of them. For example, if the odds for a Cincinnati Bengals win show -110 it indicates that you would have to bet $110 to win $100. The lower the number, the more probable sportsbooks think the outcome is.
If odds have a positive value such as +220 it indicates that you could win $220 when you bet $100. The higher the value the less likely the outcome in the opinion of the sportsbook.
How are winnings calculated?
When betting on the National Football League, two factors will determine your winnings. The first is the odds that your bet has been given. This shows how much you can win.
The second contributing factor to calculating winnings is the amount of money you put into your bet. The more money you place on your bet, the more you potentially get back if you win, no matter what odds your bet is. However, never bet more than you can afford.
Important things to consider when Betting on the NFL in Canada
There are several important factors to understand about betting on the NFL in Canada, with one of the most important being based on your location. Canada has ten provinces and each one is trusted to regulate gambling in its own way. This means that you may find the types of bets available and how you can place bets may differ.
Some sportsbooks and sports betting apps may be licensed to offer retail sports betting and online sports betting while others may only offer one or the other also. This means that if you bet in one location where Bet365 are available if you have to travel and want to place bets when you're away, Bet365 may no longer be an option so you may have to open an account with someone like DraftKings instead.
Types of bets you can find
When betting on the NFL and football in general, there are many different types of bets that you can place.
We will go through some of the most popular NFL bets and explain how they work. We'll also go into more detail about some future bet options and what NFL Vegas odds you can get on them.
The moneyline bet is the most popular because it is the easiest to pick up and learn. It allows you to bet on the outcome of a game such as the Baltimore Ravens vs. Miami Dolphins, and all you have to do is pick the team you think might win.
Imagine if you were placing a moneyline bet and someone asked you "do you think the Ravens would win even with a 5.5-point deduction?". That's basically what a point spread betting is. It predicts a game's outcome with a team having a handicap. The favorites usually get a points deduction, and the underdog usually gets points added on.
A totals bet is betting on the total number of something during the game. This could be the total number of points scored, the total number of sacks or even the number of incomplete passes To avoid doubt totals bets work on an over/under system where you may bet on whether the total will be over or under a certain amount.
If you're feeling lucky because you had a dream about the NFL and all the results came to you, rather than putting all those bets on individually, you can combine them into a single bet called a parlay. This is a higher-risk bet because all the results you back have to win for the bet to win. There is no room for error. The positive is the odds are often higher than standard bets.
A prop bet is short for a proposition bet. These work by betting on the proposition of something happening during a game that may not affect the outcome. NFL prop bets can come in several forms, such as team props, which team will score the first touchdown, and player props such as which player will make the first pass interception.
Rather than focusing on an individual NFL game or the events inside a game, future bets focus on longer-term goals such as who will make the playoffs and who will win the Super Bowl.
But there are many future markets available and we've listed some of the most popular below:
NFL FINALS ODDS
NFL Finals odds come in a variety of different forms. You can bet on the outright winner of the Super Bowl. You can bet on who will be conference and division champions or just which teams will make the playoffs at the end of the regular season.
NFL MVP ODDS
Every season, players, teams and the media vote on which players have been the best throughout the NFL season. You can bet on who you think may earn an MVP award, but because it is based on opinions, who you think may be best can differ from the professionals.
NFL ROOKIE OF THE YEAR ODDS
The NFL Draft produces some top talents each year, and then you have the players who may come to the NFL from other leagues such as the CFL. Through the same process as the MVP awards, a Rookie of the Year award is also picked and you can bet on who you think may get it.
NFL DRAFT ODDS
Talking of the NFL Draft, you can also bet on this as well. You can bet on which player may get picked first, what round a player may get picked up by, or which team will pick certain players.
Comparing NFL Odds on Oddspedia will Benefit You
If you want to make the most of betting on the NFL and other football competitions then comparing game odds on Oddspedia can benefit you. We'll cover just a few of how doing so can help you out.
Odds Comparison increases your winnings
Comparing odds allows you to find the best NFL betting lines on every game. The better the odds, the more money you will get back if you place a successful bet. So rather than betting with the same sportsbook each time, you can sign up for multiple Canadian sportsbooks, take advantage of their welcome bonuses and offers, and always bet with the one that offers the best odds on the NFL games you bet on.
Oddspedia provides the best NFL odds for Today
Oddspedia has odds from over 80 bookmakers, thus showing the highest available odds at any moment. Odds are refreshed in real-time, and more than 100 betting markets are supported. The bookmaker selection consists of only highly reliable operators and gives some insight to users on how the best odds help bettors win more.
Get the current best odds for the NFL Super Bowl
Sportsbooks update their odds all the time based on the weekly performance of each NFL team and so a win, loss or even key injury that happens can drastically change the odds. Because we update our odds in real-time, this means you will always get the current best odds for the NFL Super Bowl from the beginning of the season up to the big game itself.
Since your main goal as a bettor is to increase your winnings, it's wise to select online sportsbooks that offer higher odds. At Oddspedia, you can also view the available bonuses. Below you will find the NFL betting sites you can use for betting on new season:
|Sportsbook promo code
|Caesars promo code
|Bet365 promo code
|DraftKings promo code
|BetMGM promo code
|TonyBet promo code
Another benefit of Oddspedia is that it gives bettors details on the new customers' bonuses and links to sportsbook bonuses We have also created a special section with Ontario betting sites and reliable Ontario sports betting apps. Another benefit of Oddspedia is that it gives bettors details on the new customers' bonuses.
Maximize Your Opportunities with Excellent Odds - NFL Predictions
High-quality NFL betting odds are essential for betting on the competition, but to fully exploit them, trust accurate predictions. At Oddspedia, our NFL picks are curated by top tipsters in the industry, ensuring you grasp the competition's potential outcomes, thus enhancing your chances of successful bets.