In order to successfully bet on NFL football its important to start with the fundamentals. Were talking about the fundamentals of understanding the wagering side of the equation. There’s a lot of misunderstanding about what NFL pointspreads mean and how they are set. A firm understanding of the bookmaking concept of setting NFL lines is a prerequisite for any sports betting success.
The general public has a tendency to oversimplify the meaning of an NFL pointspread. The conventional wisdom is that it is simply a prediction of which team will win and by how much. There is a component of that in the NFL bookmaking equation, but there’s a lot more to it. A sportsbooks primary goal is to equally divide the action they take on an individual game. If they do their job right, the outcome of the game is irrelevant to the bookmaker.
Since a bookmakers primary goal in setting NFL betting lines is to equally divide action, they have to make each side of a wagering proposition attractive to a prospective player. For that reason, its more accurate to say that NFL lines are more of a reflection of the betting publics perception of which team will win a game and by how much than anything else. Some NFL teams are considered public teams due to their popularity and/or perceived qualitative skill. So if the numbers in a hypothetical game between Dallas and Cincinnati indicate that the Cowboys should be a -6 favorite a book may open the game at -7 or -7.
In early season wagering there are a few additional factors at play. A bookmaker may consider a teams NFL preseason record for the simple reason that the NFL betting public gives it undue attention. Sharp players know that there is little correlation between a teams preseason success (or lack thereof) and their regular season performance. Another consideration is a teams performance in the previous season or, in some cases, their historical performance.
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Furthermore, its important to understand why NFL lines are moved after the opening numbers are posted. While it may occasionally be due to external factors such as injury or weather, more often than not its a direct result of the money a book is drawing on one side of the proposition or another. If in our hypothetical example above, Dallas opens -7 and not long after the line is moved to -7 that is an indication that the book has received the majority of their bets on the Bengals. The idea is that by moving the line it makes wagers on the side a book wishes to attract money on more attractive. Indeed, many sharp players base their NFL football bets exclusively on line movements.
To successfully bet on NFL football, however, it is important to spend as much time as possible understanding the intricacies of the sports gambling marketplace”and in this regard nothing is more fundamentally important than understanding how NFL pointspreads are made and why they are moved.
Ross Everett is a widely published freelance writer and noted authority on sports betting odds comparison. He writing has appeared on a variety of sports sites including sportsbooks and World Cup betting sites. He lives in Southern Nevada with three Jack Russell Terriers and a kangaroo. He is currently working on an autobiography of former energy secretary Donald Hodell.