NFL gambling is not just America's most popular form of sports gambling but it is actually the most popular form of sports gambling in the entire world. New gamblers are coming over for NFL gambling all the time so if you are new, or even a seasoned pro in football gambling, and need a reminder on all of your options on how to participate in the thrill and excitement of NFL gambling we will take a look at the most popular form of NFL gambling.
The most popular method of NFL gambling is pointspread/side wagering in which the gambler will take one of the two teams in a matchup posted on the NFL gambling boards. In most cases, one team will be the favorite, or "Chalk" and will lay points while the other team will be the underdog in football betting odds and be getting points.
There are a few cases in which the game is a "pick'em" in which there is no favorite. For example, if the Kansas City Chiefs are listed in football betting odds as -3 against the Oakland Raiders that makes the Chiefs the chalk and, in essence, Oakland starts the game with a 3-0 lead.
The Chiefs would have to win by more than three points to "cover" the football betting spread and win the bet while Oakland would have to lose by less than three or win the game outright to "cover" the football betting spread and win the bet.
If Kansas City won the game by three points, the game would be considered a push and football gambling fans would get their money back. In side wagering, keep in mind, the football gambling player must lay out ten-percent more than what he is wagering to win.
For example, if a gambler wants to bet on Kansas City to win $100 he must lay out $110 to win $100. This ten percent is known as "vigorish," "vig," or "juice," which is what the sportsbooks charge football gambling fans to handle their NFL gambling action.
The sportsbooks, therefore, have a built in edge and guaranteed profit going in before the game even starts as, assuming they get equal action on both teams they simply pocket the ten-percent "vig" and finish in the black.
Keep in mind for football gambling that sometimes the sportsbooks will set what are known as "traps" in which they will deliberately set the pointspread in a way that attracts a disproportionate amount of NFL gambling action on one side, usually the WRONG side, and thus adding to the house profits and edge. When choosing sides in NFL gambling, value is paramount.