With millions of fans around the country, NFL football boasts the biggest betting market of all the major sports. There’s nothing quite like the excitement of winning an NFL bet late in the fourth quarter – feeling the rush of adrenaline as you watch the game play out from the edge of your seat, counting down the seconds until victory. Before rushing to Bovada Sportsbook and checking out all the NFL odds, it would be wise to implement some form of NFL betting strategy in order to maintain your composure throughout the season.
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Whether you’re just a casual bettor looking to enjoy your Sundays or you’re a serious gambler that’s committed to making money, having a solid NFL betting strategy in place can go a long way in making sure you end the football season with a nice profit. While there’s no exact blueprint for success, the following NFL betting tips and strategies should help to boost your bankroll and deliver a profitable NFL betting season.
Money Management
Before you start betting on NFL games, the first step is to assess your bankroll and plan out how you want to manage your money over the course of the week, month or even the entire NFL season. It doesn’t matter if you’re betting $10 per game or $1000 per game; managing your bankroll is an important step for any successful gambler. With the NFL regular season now 18-weeks long, that gives you four and a half months of NFL betting to budget for and plan accordingly, not including the playoffs and Super Bowl.
Bonus Offers
As a leading online sportsbook, Bovada provides a number of lucrative bonus offers and special promotions throughout the year. These special offers can go a long way in boosting your bankroll, giving you more chances to win during the NFL betting season. If you’re new to Bovada Sportsbook, be sure to cash in on the $250 Sports Welcome Bonus. For those looking to enjoy crypto betting on the NFL, Bovada has an even bigger bonus available with a $750 Bitcoin Sports Welcome Bonus.
Weekly Research
The NFL is an ever-changing league where players and coaches spend countless hours studying film to give their team a slight edge in their next matchup. The same could be said for the NFL betting community; a bit of research can go a long way in making the right picks. In today’s day and age, bettors have access to video clips of every play from every game, along with a massive amount of data and statistics to help them analyze future matchups and accurately predict the outcome. It may not be an exact science, but doing your weekly research can be extremely helpful when it comes to recognizing where a team may have a particular edge over their opponent. You can always checkout our football articles for the latest NFL news and previews.
Location Matters
While it may be an after-thought for those betting on NFL games, the location of an NFL matchup can play a major role in determining the game’s final outcome. The most obvious factor is home-field advantage, as teams playing at home tend to win at a 60% clip. This may not seem like a major advantage, but over the course of an entire season it can be the difference between making a profit and losing your bankroll. It’s also important to factor in the game’s time zone as this can also play a role in the final outcome. For example, teams on the west coast have historically struggled when being forced to play in an Eastern Time zone and vice versa.
Remain Objective
If you’re betting on NFL football, you’re most likely a fan of the game and have a favorite team that you root for every week. There’s nothing wrong with cheering for your team, but it can often blur the lines of rational thinking and lead to your betting downfall. In order to avoid this from happening, you’ll need to remain completely objective when looking over the betting odds and studying the weekly matchups. If you have a hard time staying objective when it comes to your favorite team, you may want to avoid betting on these games altogether.
Utilize Different Bet Types
There’s nothing wrong with betting a simple straight wager but there are many other bet types to experiment with during the NFL season. Bovada Sportsbook has tons of bet types available for American football, including point spreads, game totals, props, futures and more. You may have a favorite bet type but it’s a good idea to keep your eye on all of the NFL betting markets to give yourself the best chance of making a winning play.
Limit Size of Parlays
With parlay betting, you can combine multiple bet selections into a single wager for the chance to win a bigger payout. The more selections added, the greater the odds. Parlay betting can be a great way to score a massive win, but this bet type is not without risk. In order to win a parlay, you must win each selection included in the bet. If just one of the selections loses, the entire wager is considered a loss. It’s for this reason that you should consider limiting your parlay betting to a maximum of two to three selections, as your odds of winning decrease with each additional selection. However, you might want to go for a longshot and include many selections to try and land a big payout!
Live Betting
No matter how much time you spend studying the betting lines, sometimes it can be difficult to get a feel for a particular game. Instead of guessing and hoping for the best, you can take advantage of NFL Live Betting at Bovada Sportsbook. With live betting, you can watch the start of the game to get a better feel for the matchup before placing a real-money bet on the action. Bovada offers live betting throughout the entire NFL season, updating the lines after every play to give you the latest betting odds at all times.
Fade the Public
The betting public will often favor particular teams based on their public perception. For example, there’s usually a lot of money wagered on the Cowboys and Patriots since they have such huge fan bases. This can sometimes lead to a shift in the odds as bookmakers look to balance out all of the public money. These scenarios can create unique value for bettors who fade the public and bet on the opposing teams with improved odds.
Martingale Betting Strategy
Finally, we have the Martingale strategy. This popular betting system is used at casinos around the world and can also be implemented as an NFL betting strategy. The Martingale system is based on the theory of negative progression and follows three simple rules:
- Double your bet amount after a loss;
- Continue to double your bet amount after each loss;
- Once a win is achieved, restart the cycle at your original bet amount.
The Martingale betting strategy is based on the idea that you’re bound to win eventually and you can make up all of your losses by continually doubling your bet amount. This betting system can be effective but should be focused solely on even money bets.
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There we have the best NFL betting strategies to win real money. If you are looking to bet on NFL action, then Bovada is your best place to be. With tons of NFL odds available every day, there’s plenty of ways for you to win big. To get started, all you need to do is sign up to Bovada Sportsbook today! Once you are signed up, you can begin betting on all your favorite sports including NFL, NBA, MLB and more.
