Anytime you place any kind of bet on a NFL game it should be considered a gamble. Despite what the professional handicappers tell you when they advertise their 8-unit play of the week, there is no such thing as a ‘lock’ when it comes to sports betting. Upsets are a big part of the game either straight-up or against the spread. Any bet you place on a NFL game should be thought of as an educated guess that hopefully comes with a very high level of confidence on your end.
Betting The NFL – Gambling on football is a past time
By nature, there are two types of recreational sports bettors. The first does not really consider themselves to be a true gambler, but they still like to have some action on the games. At the other end of the spectrum is the recreational gambler that is an action junkie. This does not mean that they have a gambling problem, rather it refers to a higher level of risk they are willing to take when putting their money on the line.
The offshore sportsbook taking NFL action online is still the best betting outlet for either type of sports bettor. Today’s top online books cater to anyone looking to place a few wagers on the games. This has become evident by the sheer variety of betting options they offer for a highly popular league like the NFL, which is still king of the hill in the sports betting industry.
Along with a full set of betting lines for straight bets on the pointspread, total line or moneyline, you can find betting odds for futures and props. There is live in-game betting as well as a full line of exotic bets led by the ultimate risk/reward bet; the multi-team parlay.
Parlays boost the return on investment far greater than the money you stand to make on a handful of individual game bets. However, they also boost the risk factor since you have to win or PUSH every single game included in that multi-team bet.
Most online pay per head sportsbooks will post their individual parlay payout outs on their website. It is very important to make note of this since these payouts are not necessarily uniform across the board once you get past three or four teams. The payout odds listed below pertain to parlays where picks are grouped with the use of a pointspread or total line. You can bet parlays using moneyline odds, but you will need to use a parlay calculator to determine the exact payout for your bet.
Real Bookies – Tips to Increasing Weekly NFL Profits with Pay Per Head
It is pretty much universal that a two-team parlay pays out 2.6 to 1 and the odds for three-team parlay jump to 6-to-1. When it comes to the return on a four-team parlay, things start to vary a bit from 11-to-1 on the low side to as high as 13-to-1 at a select few sites. The standard payout chart for the online sportsbook industry goes to 11 teams, but more and more books have expanded their parlay action to accept bets all the way up to 15 teams.
Another important aspect of betting NFL parlays is the minimum bet. This can also vary from book to book, but they can be as low as $1. As a general betting strategy, the more teams you add to a parlay, the lower the overall bet should be. It makes more sense to bet $20 on a two-team parlay then $2 on a 10-team grouping.
There is a reason why parlays are the ultimate risk/reward bet. Also keep in mind, that once you go past a three-team parlay, the true odds on your bet start to move more and more in the online sportsbook’s favor.