Football Betting Business

4/6/2022by admin
Football Betting Business Average ratng: 7,8/10 6976 reviews
  1. Football Betting Tips
  2. Fun Football Betting Games
  3. Football Betting Nfl
  4. How To Start Football Betting Business
  5. Betting On Football Game

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Football Betting Tips

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A football betting system is a method or strategy used by handicappers to bet
on football games. A system’s mission is to find betting value and/or increase
the chances of winning wagers.

Football betting systems can range from simple to
very complex. Regardless of the many angles and intricacies of a system, none of
them can guarantee that you will win.

How to Create Football Betting Systems

Creating a football betting system ultimately comes down to each individual.
Since there’s no betting system that is guaranteed to win every time, each
person has two options: to create their own systems or to purchase picks from a
winning pro handicapper.

Keep in mind, though, that the football handicapper is
selling you his picks based on the football betting system that he created.
Although there isn’t a universal system for winning your bets every time,
there are some key factors that can be found in just about every practical
football betting system.

What You Should Understand Before Betting on Football

This should go without saying, but you would be surprised at how many people
get involved with sports betting and don’t even know
how to bet
on football. Before placing a single wager, all bettors should at least know
the following basic football betting concepts:

  • Moneyline

    The moneyline represents each team’s odds of winning. For example, the Cowboys
    are -250 to win, and the Eagles are +210 to win. If you pick the Cowboys to win,
    then you will take the moneyline at -250 odds, which means you will have to bet
    $250 to win $100. If you choose the Eagles, then you will bet $100 to win $210.

  • Spread

    The spread represents how many points a team has to win or lose by. Using the
    same teams above, the Cowboys are favored by 7 points. This means Dallas has to
    win by more than 7 points if you bet on them. The Eagles would have to lose by
    less than 7 points if you decide to go with Philly in the wager.

  • Totals (Over/Under)

    The wager on totals requires the teams to go over or under a total amount
    of points. For example, the Cowboys and Eagles have an O/U of 46.5 points. If
    you think they will score more than 46 points, then you will take the over. If
    you think they will score less than 46 points, then you take the under.

  • Parlays

    Parlays are single wagers that consist of multiple bets. To win a parlay wager, all the bets you
    picked have to win. For example, a 3-team spread parlay consists of you choosing
    3 spreads for different football games. So, you would take the Cowboys at -7,
    the Giants at +4, and the Vikings at -2. To win your 3-team parlay, all of those
    teams would have to cover their spreads. Parlays are harder to hit, but they do
    have higher payouts.

  • Teasers

    Teasers are
    similar to parlays in that they also require you to bet on multiple teams,
    games, or straight bets. However, unlike parlays, teasers allow you to add
    points to a spread or over/under. For example, you take the three teams
    mentioned above with a 3-team, 6-point teaser. These 6 points would adjust the
    spreads to Cowboys -1, Giants +10, and Vikings +4. To win your teaser bet, you
    would need to have all 3 teams cover those spreads. Payouts for teasers are less
    due to getting the extra points.

To create a football betting system, you must know what the popular sports
betting terms are for football, their respective odds, and payouts.

How can you create and implement a betting system if you don’t even know what
you are creating it for or betting on?

Football Knowledge

Just like with sports betting, creating a football betting system requires
you to actually know about football. Now, this isn’t just knowing things like
the number of teams in the league, the names of the conferences, and who won the
last Super Bowl. We’re talking about knowing coaching philosophies, the type of
defensive scheme a team runs, how a team approaches 3rd downs, touchdown
percentages in the red zone, 2-point conversion attempts, and more.

A football betting system could include all of these factors and a great deal
more. So, it’s important to start learning as much as you can about the sport
before wagering. The best time to learn about football and betting on the sport
is during the offseason. Check out our guide on how to use the
offseason more effectively and increase your football IQ.

Ability to Handicap Football

The term “handicapping” can really intimidate new and inexperienced bettors.
However, it’s not as scary as one may think. To simplify it as much as possible,
handicapping is basically gathering and analyzing factors, data, and other
nuggets of valuable information in order to place a bet. In regards to football
betting systems, handicapping is the actual work that you are doing to create
the system.

For example, let’s say you thoroughly study the upcoming Monday Night
Football game between the Chargers at the Broncos. You look at factors like the
Chargers’ road record, Broncos’ home record, winning streaks, momentum, next
week’s game, injuries, weather, offensive ranks versus defensive ranks,
strengths versus weaknesses, and head coaching styles.

After all of that information gathering and analyzing, you decide that the
Chargers getting 5 points in Denver has value. So, you place a wager on the
Chargers +5.

All of that information that you just gathered can be considered
“handicapping.” To really hammer home this point, all of that handicapping can
turn into your football betting system, as you can take that list of data points
and apply it to any game you are interested in betting on.

One last reminder – if you don’t know the game of football and you don’t
understand how to bet on football, then you will definitely not be able to
properly handicap the sport.

Self-Discipline

Like with any activity, profession, trade, or hobby, you must be able to
exercise a modicum of self-discipline. Without it, you will end up losing all of
your money and go broke trying to bet on football. What separates
advanced/experienced bettors from newbies/inexperienced bettors are two things:
knowledge and discipline.

Experienced bettors are disciplined enough not to lose sight of their betting
system. Additionally, they don’t commit any of these common mistakes:

  • Chasing losses
  • Disproportionate wagers to
    bankroll
  • Bankroll mismanagement
  • Casual betting
  • Betting while drunk
  • Betting on sports they don’t
    know

Eliminating mistakes like the ones above will help you to remain disciplined.
But remember that nobody else is going to hold you accountable to your betting
system. So, you have to develop a strong self-discipline to keep yourself
accountable, on track, and in a position to win more of your wagers.

Higher Aptitude for Math

If you hate math, then you are in the wrong business. Sports betting requires
math. From analyzing data to lines, odds, and spreads, sports betting uses
mathematics all the time. Fortunately, with all of the resources on our site and
the internet, you can learn the required math skills. But make no mistake about
it – creating a football betting system requires a heavy dose of mathematics.

Patience

Many new bettors want to start winning right away. They also think that they
can win every wager. The reality is that even professional bettors lose roughly
40% of the time. For most inexperienced bettors, losing will be a big part of
the journey. This is largely due to making mistakes like the ones above and not
being patient.

Patience is definitely a form of self-discipline, but it’s also more than
just that. Patience can become a foundational element of your football betting
system. A few examples of patience when betting on football include:

  • Plugging away and winning
    and growing your bankroll a small percentage each week, all season long
  • Choosing just one game per
    week based on your in-depth analysis, handicapping, and football betting system
  • No matter how you construct your betting system, without patience to create
    and execute it, your system is doomed to fail.

Wealth of Resources

One aspect that’s often overlooked by inexperienced bettors is having a
library of football and betting resources. When creating your system, you are
going to sort through dozens of sources, hundreds of websites, and years of
football statistics. While doing this, the smart thing to do is bookmark all of
the webpages that you have researched, especially the ones that have valuable
statistical data. For example, bookmark sites like
NFL.com, which has a wealth of historical and
current data to pour through. Another fantastic site to analyze past data and
current seasons is Pro
Football Reference.

Building your own virtual library of football and sports betting resources
will help you to create an effective betting system that allows you to access
data when needed and to tweak things when necessary.

Examples of Football Betting Systems

Now that we have provided a foundational understanding of what a football
betting system is, it’s time to take a look at some examples. Keep in mind that
none of these systems are guaranteed to win you money. Instead, these examples
are beginner to intermediate football betting systems to use as references,
tools, and possible factors to add to your own system.

Bankroll Management

Bankroll management is an important discipline when betting on football. If
you don’t properly manage your bankroll, then you can easily lose most, if not
all of it. One common football betting system is based on wagering a certain
percentage of your bankroll on each bet. There are many experienced bettors and
resources that recommend betting only 2% to 5% of your bankroll on each wager.

Example:

If you have a $1,000 bankroll for the football season, then you
are only betting $20 to $50 per wager.

Taking it a step further, bet $20 on the wagers that you aren’t very
confident in and bet $50 on the wagers that you are the most confident in.

Moving forward, if you start winning a few bets, this system requires you to
keep the percentage throughout the winning streak and not to raise it because
you have won.

Example:

You went on a hot streak during the first month of the season
and won roughly 50% of your starting bankroll. That’s an additional $500 dollars
to your football betting funds. You are feeling great about your betting skills,
and you decide that it would be a great idea to increase your wagers to $100
each. If that’s the case, you would be making a huge mistake.

With this system, your wagers can go up some, but only at a proportional rate
to your bankroll. That means the wagers would still remain within the 2% to 5%
range. Now, instead of wagering $20 to $50, because you have increased your
bankroll to $1,500 due to your winning streak, you can now increase your wagers
to a range between $30 and $75.

This increase of wager amounts is proportional to your bankroll, whereas the
$100 wagers are not. So, when the inevitable losing streak comes, with the $100
wagers, you will be losing a disproportional amount of money to your bankroll.
This is often where inexperienced betters end up losing all of their money. They
mismanage their bankroll.

As you can see, this system requires a basic level of math, self-discipline,
and patience.

Motivation

Motivation may seem like an impossible thing to quantify, but there are some
cases when it can be a huge factor. Keep in mind that both teams want to win.
So, you shouldn’t use this strategy and think that only one of the teams is
motivated, while the other team just doesn’t care. With that said, the following
is a list of common examples where motivation can be a system to employ:

  • A team fighting for a
    playoff spot at the end of the season
  • A team coming off an
    embarrassing loss the week before
  • A team that just fired their
    coach during the season
  • A team that benched their
    star player

All of these examples are cases where a team may “seem” more motivated or
desperate to win. This isn’t a guarantee that they will win, but it often will
show up in their on-field effort.

Bye Weeks

The bye week not only provides NFL teams with a chance to rest and an extra
week to prepare, but it also provides bettors with possible winning
opportunities. The following is a breakdown of how well teams did coming off
their bye week over the last 5 years. These records are from the 2013 to 2017
regular seasons only, as they don’t include playoff byes:

TeamRecord following Bye Weeks over last 5 years
WinsLosses
Arizona Cardinals41
Atlanta Falcons32
Baltimore Ravens32
Buffalo Bills32
Carolina Panthers32
Chicago Bears14
Cincinnati Bengals23
Cleveland Browns14
Dallas Cowboys41
Denver Broncos32
Detroit Lions41
Green Bay Packers32
Houston Texans32
Indianapolis Colts22
Jacksonville Jaguars32
Kansas City Chiefs32
Los Angeles Chargers23
Los Angeles Rams32
Miami Dolphins22
Minnesota Vikings23
New England Patriots32
New Orleans Saints32
New York Giants23
New York Jets14
Oakland Raiders32
Philadelphia Eagles32
Pittsburgh Steelers23
San Francisco 49ers05
Seattle Seahawks41
Tampa Bay Buccaneers13
Tennessee Titans32
Washington Redskins23

Expand Shrink

Based on the data above, the following teams are worthy of a bet following
their bye week:

  • Arizona Cardinals (4-1)
  • Dallas Cowboys (4-1)
  • Detroit Lions (4-1)
  • Seattle Seahawks (4-1)

Now, if you know football (and you really should), then you know that Andy
Reid has a 16-3 career record following a bye week. Although his current team,
the Kansas City Chiefs, only have a 3-2 record following the bye week under his
leadership, Reid is always worth a look due to his overall success.
Additionally, teams like the Patriots are worthy of a look because of how good
they are each year, despite an unimpressive bye week record over the last 5
seasons.

All teams with losing records should be avoided. However, the following teams
might make for a great opportunity to bet against them after they come out of
their bye:

  • Chicago Bears (1-4)
  • Cleveland Browns (1-4)
  • New York Jets (1-4)
  • San Francisco 49ers
    (0-5)
  • Tampa Bay Buccaneers
    (1-3)

NFL Short Weeks

For some betting experts and professional handicappers, they spend a lot of
time paying attention to teams following a short week. A short week is typically
when a team plays on a Monday night, then turns around and plays the subsequent
Sunday (6 days later). The following is a breakdown of each team’s record after
they played on a short week from 2014 through the 2017 regular season:

TeamRecord following MNF game over last 4 years
WinsLossesTies
Arizona Cardinals301
Atlanta Falcons32
Baltimore Ravens32
Buffalo Bills01
Carolina Panthers13
Chicago Bears14
Cincinnati Bengals14
Cleveland Browns11
Dallas Cowboys04
Denver Broncos41
Detroit Lions24
Green Bay Packers31
Houston Texans32
Indianapolis Colts32
Jacksonville Jaguars00
Kansas City Chiefs13
Los Angeles Chargers12
Los Angeles Rams20
Miami Dolphins04
Minnesota Vikings32
New England Patriots31
New Orleans Saints32
New York Giants25
New York Jets13
Oakland Raiders11
Philadelphia Eagles35
Pittsburgh Steelers40
San Francisco 49ers03
Seattle Seahawks22
Tampa Bay Buccaneers01
Tennessee Titans11
Washington Redskins24

Expand Shrink

Since 2014, teams that played on Monday night and then turned around and
played on the following Sunday have combined to go 57-69-1. A further breakdown
of the data above shows that 15 teams have losing records and 4 more are even.
That’s 19 total teams without winning records. The following 6 teams don’t have
a win and would be candidates to bet against on a short week:

  • Buffalo Bills
  • Dallas Cowboys
  • Jacksonville Jaguars
  • Miami Dolphins
  • San Francisco 49ers
  • Tampa Bay Buccaneers

In addition to the above losing teams, there are 7 teams with only 1 win.
That’s 13 total teams with 1 win or less, or roughly 40 percent of the league.

On the other side of the spectrum, there are a handful of teams that seem to
thrive on a short week:

  • Arizona Cardinals
    (3-0-1)
  • Denver Broncos (4-1)
  • Green Bay Packers (3-1)
  • New England Patriots
    (3-1)
  • Pittsburgh Steelers
    (4-0)

After pouring through the data, it’s easy to see why this system is a popular
one. The majority of teams just don’t play well on short weeks.

Extended Weeks

Not only are there bye weeks for teams to rest and prepare, but there are
also extended weeks. These weeks are when a team plays on a Thursday night, and
then doesn’t play again for at least another 10 days. The following is a
breakdown of team records from 2014 through the 2017 season:

TeamRecord following MNF game over last 4 years
WinsLossesTies
Arizona Cardinals32
Atlanta Falcons22
Baltimore Ravens13
Buffalo Bills22
Carolina Panthers23
Chicago Bears14
Cincinnati Bengals13
Cleveland Browns03
Dallas Cowboys60
Denver Broncos22
Detroit Lions32
Green Bay Packers51
Houston Texans22
Indianapolis Colts31
Jacksonville Jaguars03
Kansas City Chiefs23
Los Angeles Chargers31
Los Angeles Rams13
Miami Dolphins04
Minnesota Vikings22
New England Patriots51
New Orleans Saints31
New York Giants31
New York Jets13
Oakland Raiders13
Philadelphia Eagles31
Pittsburgh Steelers50
San Francisco 49ers04
Seattle Seahawks23
Tampa Bay Buccaneers12
Tennessee Titans13
Washington Redskins14

Expand Shrink

One would think that teams would have an advantage with a few extra days of
rest, but that’s not the case. The teams that played on Thursday nights went on
to have a 67-72 record in their next game. Furthermore, the following 4 teams
are winless during that span:

  • Cleveland Browns
  • Jacksonville Jaguars
  • Miami Dolphins
  • San Francisco 49ers

In addition to those 4 teams, 11 more teams have losing records, and another
3 teams have even records. That’s 18 total teams without winning records, or 57%
of the league.

Of the teams who seem to make the most out of the extended break, the Dallas
Cowboys (6-0) and Pittsburgh Steelers (5-0) are undefeated. The following teams
also appeared to have mastered the extended break:

  • Green Bay Packers (5-1)
  • Indianapolis Colts
    (3-1)
  • Los Angeles Chargers
    (3-1)
  • New England Patriots
    (5-1)
  • New Orleans Saints
    (3-1)
  • New York Giants (3-1)
  • Philadelphia Eagles
    (3-1)

Just like with bye weeks and short weeks, there are teams to keep an eye on
and teams to bet against.

West Coast to East Coast

Football Betting Business

For many years now, NFL fans and pundits have belabored how west coast teams
are at a disadvantage when having to travel to the Eastern Time Zone for early
games. Think about it; these west coast teams have to travel a far distance,
deal with jet lag, get prepared before their game, and have to play at a Sunday
time that they’re not accustomed too. Most west coast teams play at 4 PM ET when
at home but have to play at 1 PM ET when traveling to the east coast.

For further analysis, let’s take a look at the true west coast teams and how
they fared traveling to the Eastern Time Zone over the last 6 years:

TeamsWinsLosses
Los Angeles Chargers1112
Los Angeles Rams41
Oakland Raiders514
San Francisco 49ers68
Seattle Seahawks122

Over the last 6 years, these teams have combined for a 38-37 regular season
record when traveling to the Eastern Time Zone. Keep in mind that the Rams went
back to Los Angeles in 2016, and these records include late games, not just the
early ones. Also, you need to factor in that the Seahawks have been one of the
best teams over this span and that the Rams had a great 2017 season.

To further hammer home the point of this disadvantage, the 49ers, Chargers,
and Cardinals have proposed a change during the 2018 offseason to limit the
number of away games played at an earlier time for west coast teams.

Where there’s smoke, there’s fire. And this system can really heat up if you
find the right value.

The London Effect

Since 2007, the NFL has been holding annual regular-season games in London,
UK. Until 2016, teams would be required to take their bye week following the
London game. However, in 2016, the Colts requested to play the following week so
that they could have their bye week later in the season. Now, teams have the
option of a bye week after London or at a different point in the season.

Of the notable information coming out of crunching the London NFL data, teams
that won in London have gone on to post a record of 111-75-1 for the remainder
of the season. Teams that lost in London would go on to post a record of
77-111-1 throughout the remainder of the season. These wins and losses are based
on 2007 through 2017 regular season.

Further analysis shows that in 2017, the winning London teams would go 30-11
for the rest of the year, while the losing London teams would go 17-26. This is
a system that’s definitely worth keeping your eye on heading into the 2018
season, especially since the NFL is hoping to one day put a team in London.

Fun Football Betting Games

Home Field Advantage

Perhaps the most popular betting system for casual to intermediate bettors is
wagering on the home team. Despite its popularity, this system does have some
merit. For the most part, teams protect their turf and win at home. The one
thing you have to keep in mind is that the spread and moneylines help to level
the betting action on home teams. With that said, check out the following
breakdown of each team’s home record over the last 3 seasons:

TeamHome Team Records for last 3 years
WinsLossesTies
Arizona Cardinals1581
Atlanta Falcons1410
Baltimore Ravens148
Buffalo Bills159
Carolina Panthers186
Chicago Bears717
Cincinnati Bengals1491
Cleveland Browns321
Dallas Cowboys1113
Denver Broncos159
Detroit Lions1410
Green Bay Packers159
Houston Texans159
Indianapolis Colts1113
Jacksonville Jaguars1212
Kansas City Chiefs186
Los Angeles Chargers1113
Los Angeles Rams915
Miami Dolphins1311
Minnesota Vikings186
New England Patriots195
New Orleans Saints159
New York Giants1212
New York Jets1212
Oakland Raiders1311
Philadelphia Eagles168
Pittsburgh Steelers186
San Francisco 49ers816
Seattle Seahawks168
Tampa Bay Buccaneers1113
Tennessee Titans1212
Washington Redskins159

Expand Shrink

Football Betting Nfl

Only 8 teams have losing records at home over the last 3 years. That means
75% of the league is .500 or better at home. If you subtract the teams that are
even, you still have 20 teams with winning records. Of those 20, there are a
handful of teams that are virtually a lock to win at home:

  • Carolina Panthers (18-6)
  • Kansas City Chiefs (18-6)
  • Minnesota Vikings (18-6)
  • New England Patriots (19-5)
  • Philadelphia Eagles (16-8)
  • Pittsburgh Steelers (18-6)
  • Seattle Seahawks (16-8)

If you notice, these 7 teams are annual contenders for the playoffs. In fact,
three of these teams have been to the Super Bowl during this span: Carolina, New
England, and Philadelphia. Both the Patriots and the Eagles have won the Super
Bowl over the last 2 years. Not only is winning at home important for the
regular season, but it also provides a huge advantage during the playoffs.

Live Betting and Half-Time Betting for Home Teams

Live betting and half-time betting are popular types of football wagers.
Without going into great detail about these popular wagers, live betting is when
you bet on a game during the action. For example, after every snap, sports
betting sites that offer live betting will update a plethora of betting wagers
like spread, total points, moneyline, first downs, run or pass, and more.

Half-time betting is when you bet on the second half of a football game. The
wager is offered during the specific game’s half-time, and you are betting on
what happens during the second half only. For example, you bet the Steelers at
-3 for the second half. That means they have to score at least 3 more
second-half points than their opponent.

Now that we have that out of the way, let’s get to a popular betting system
that incorporates home teams and live or half-time betting. The strategy is to
identify a home team that’s losing at half time or the beginning of the second
half and find value in betting on them.

Example:

If the Panthers are at home and losing at half time or during
the second half, then jump on a spread or moneyline that provides value because
Carolina typically wins at home. They’re 18-6 over the last 3 years.

Keep in mind that this system isn’t designed to bet on any and every home
team. It has to be a team that has a strong winning record at home. For example,
you can’t apply this system to the Cleveland Browns when they’re losing at home
in the second half. Cleveland has only won 3 home games over the last 3 years
and are unlikely to win the game you want to bet on.

Let’s take it a step further:

If the home team is a favorite heading into the game, and they go down, then
it’s even more favorable to pick them to win the second half or to choose a live
bet that offers value.

For example, Kansas City is often favored at home, and
they’re usually the favorite over the visiting Raiders. But let’s say the
Raiders are leading in the third quarter. With an 18-6 home record over the last
3 years, I would definitely look for value with the spread or moneyline in favor
of the Chiefs.

How To Start Football Betting Business

On the flipside, if the underdog is losing at home going into the second
half, then look for the value in the spread or moneyline, as the payout might be
juicy. Just make sure it’s a team that has a good home record. A couple good
examples are the Bills and Texans, who all have 15 wins at home over the last 3
years. More times than not, they’re an underdog even at home.

Betting On Football Game

A good example of this was the Buffalo Bills in 2017, who went 6-2 at home in
the season. They were underdogs in most of their home games, but still were able
to post an impressive home record. Almost as impressive was their 5-2-1 ATS
record at New Era Field.

Betting on home favorites and underdogs who are losing at half time or in the
second half can provide great value. You just have to be disciplined in knowing
what to look for and be patient enough to find it.

Wrapping It Up

As you can see, football betting systems require a foundation of football and
sports betting knowledge. From there, they also require self-discipline and
patience to effectively implement your system. Take the time to really study the
sport and develop a library of resources so that you can keep adding to or
tweaking your system. Remember, no football betting system is perfect. And when
it comes to betting on football, you will most likely lose more bets than you
win. The key is finding the best value with your system to improve your chances
of winning.

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