Sports betting has seen a huge surge in popularity over the past several years, and with the legalization of sports gambling in Pennsylvania in 2018, NFL fans are now able to bet on their favorite teams. This has opened up an exciting new way for football fans to engage with the game they love. With so many different types of bets available, it can be difficult to know where to start – but don’t worry! We’ll walk you through how to bet on NFL games in Pennsylvania so that you can make informed wagers and have more fun watching your favorite team play. From understanding point spreads and moneylines to learning about parlays and props, we’ll give you all the information you need to get started betting on football like a pro. So let’s get into it – here is everything you need to know about how to bet on NFL games in Pennsylvania!
Understanding Point Spreads
Point spreads are a type of bet used in football that involves picking which team will win or lose by a certain margin of points. For example, if the spread for a game is set at +7, then Team A must beat Team B by at least 8 points for a bet on Team A to win the wager. If Team A fails to win by at least 8 points, then they will lose the bet. It is important to understand how point spreads work because they are one of the most common ways of betting on NFL games.
Moneylines
Moneylines are another type of bet that involves predicting which team will win or lose outright. Unlike point spreads, where you are betting on margins of victory/defeat, with moneylines, you are simply wagering on which team will come out on top after 60 minutes. Moneyline bets do not take into account any spread or handicap. Rather, it is just about picking who will come out victorious in the end. Moneyline bets can be risky but can also offer higher payouts than other types of bets.
Parlays
Parlays are when you combine multiple single-game bets (such as moneylines or point spreads) into one large bet that pays out if all legs win (you can combine two or more legs). Parlay bets offer larger potential payouts than single-game wagers since each leg needs to hit in order for you to receive your payout – making them riskier than traditional wagers but offering bigger rewards as well. It is important to note that certain sportsbooks may limit the number of legs allowed for parlay bets, so be sure to read up on their rules before placing your bet!
Prop Bets
Prop bets involve predicting outcomes that don’t necessarily relate directly to who wins or loses a game (e.g., predicting how many yards a quarterback might throw for in a game). Prop bets provide an exciting way for football fans looking for some extra action or those wanting something different from traditional single-game betting options like moneylines and point spreads. Just like with other forms of betting, there are risks involved with prop bets, so be sure to do plenty of research before taking part in this type of wager!
Strategic Bankroll Management
Bankroll management is an important part of successful online PA sports betting – no matter what type of bet you decide upon (point spread, moneyline, parlay, etc.) Ultimately bankroll management refers to how much money one should risk per given wager relative to their total bankroll size (i.e., how much they have available to them). The general rule when it comes to bankroll management is that one should never risk more than 2% – 5% per bet; this helps ensure that losses due not accumulate too quickly when things go wrong and also provides some cushioning should your streak turn sour after several winning streaks have been had!
Strategizing Your Bets
Now that we’ve gone over some basics about NFL betting strategies, such as understanding point spreads and moneylines, as well as discussing parlays and prop bets – let’s talk about strategizing your individual wagers! When selecting which teams and/or players you want to make up your single-game or parlay bet having solid information from reliable sources can truly help play an important role towards success over time; this could include anything from reading up on current news-related players/teams performances/injuries etc., viewing weekly power rankings released by websites such as ESPN & Yahoo!, utilizing past season total statistics provided by sites such as Pro Football Reference, etc. Additionally, getting familiar with names/faces within coaching staffs as well as understanding home field advantages held by various teams throughout the league may also play an important role when strategizing which teams & players best suit one’s individual style & preferences when looking put together individual lineups week after week across season-long formats (e.g., Daily Fantasy Sports Sites / Season Long Leagues).
Conclusion
We hope this guide has given you some insight into how NFL Betting works and provided valuable information regarding strategic approaches toward making successful wagers. NFL betting can be exciting and fun and, when done correctly, provide a great opportunity to make profits over the long term.
