American football is the most popular game in the United States. Placing bets during the game adds to the excitement of the sport. There are 6 types of bets a person can place while gambling during an American football match.
1. Point Spread Betting
This is the most common and popular betting system in online sports betting. The bookies predict the point spread for every game before the play commences. The clear-cut favorites have a negative point spread. Which means, the favourite team has to win by considerably more points than predicted for the bettors to win. The underdog team will have a positive spread. Therefore, that team has to lose by the predicted points or less to win the wager. If the favorite team or the losing team ties with the exact point spread predicted, it is called a push and the money is returned.
2. Total betting
Total betting is also called over/under wager. Here, the combined scores of both the teams are considered. One has to wager on over or under a certain score predicted by the bookie. If the points tie to the predicted number, all the wagered money is returned to the bettor.
3. Money line betting
Money line betting is the simplest wagering system. The team that one wagers on has to win. It is as simple as that. There are no score constraints. One can wager on the favourites or the underdogs. If it wins, the bettors are paid the money.
4. Halftime betting
Halftime betting is a bet placed during the second half or after the half-time of the game. None of the points scored in the first half are considered. New odds will be predicted by the bookies during the half time. This betting system follows the same rules as that of the point spread system.
5. Parlay betting
For increasing the excitement of gambling, one can go in for the parlay betting. It involves placing the stakes on two or more teams and ALL the teams have to win. The parlay betting is spread betting on multiple teams. The stakes are higher and so are the winnings. If one is successful, one can win a lot of money with this system. However, the bettors need to be more than casual bettors since Parlay betting requires deep understanding of the game play.
6. Prop betting
Prop betting is the betting for everything major and trivial thing in a football game. One can bet on things such as who will win the toss to how many yards a goal will be scored by whom and the bettors can let their imagination run wild. The money isn’t big in this. However, it is fun in and out without involving much money.