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The NFL is the most popular league in sports betting, with millions of Americans wagering at the top USA sportsbooks 😄 throughout the season. From football futures odds to NFL same-game parlays and NFL props, sports betting sites have something for 😄 every bettor. The Super Bowl has more wagering options than any sporting event of the year, giving fans something to 😄 look forward to with their sports betting bankroll. NFL odds are constantly moving due to betting action, injuries and other factors, 😄 but monitoring the NFL odds board is one way to make the best NFL bets possible. Football odds are also 😄 a useful way to gain an edge in NFL survivor pools and NFL office pools. Here are several football sports 😄 betting terms to know: Alternate lines: Every NFL game has alternate lines, as sportsbooks post different spreads and totals with adjusted 😄 odds. For example, if a team is favored by one touchdown, many sportsbooks will offer odds on the team to 😄 win by at least 10 points instead. American odds: American odds are the most common odds used in the NFL, with 😄 the moneyline indicating the amount of money needed to winR$100 (favorite) or the amount that aR$100 wager would pay (underdog). 😄 This is one of the three main types of betting odds. Closing Line: The final odds posted when the game begins 😄 is the closing line. The live odds will then start to shift after the game begins and will generally continue 😄 until the game is over. Consensus: The consensus line is a combination of odds from the top sportsbooks. If a team 😄 is a 7-point consensus favorite, it means that most oddsmakers have the team favored by seven points. Decimal odds: Decimal odds, 😄 also called European odds, are one of the other formats used to present betting odds. They represent the amount of 😄 money someone would win for everyR$1 wagered. Favorite: The favorite is the team expected to win the game outright. Favorites have 😄 a negative sign in front of their spread and money line odds. Fractional odds: British (fractional) odds are the final type 😄 of odds used in sports betting. They are the ratio of the profit won to the stake, as a 6-1 😄 underdog would payR$6 for everyR$1 wagered. Futures: These can be some of the most interesting odds to monitor, as they relate 😄 to things such as championship winner or division winner. Most sportsbooks update their futures odds on a weekly basis, giving 😄 fans a chance to see how their team stacks up in the eyes of the oddsmakers. Home-field advantage: One thing that 😄 is a factor in every NFL game is home-field advantage, which changes the odds based on which team is playing 😄 at home. Some teams have a bigger advantage than others, as their crowd noise or location can adjust the odds 😄 more significantly than others. Hook: If the betting odds have a half-point attached to them, that is called the hook. The 😄 hook makes it impossible for the betting result to end in a tie, as NFL games do not have half 😄 points. Juice: Also known as vigorish or vig, the juice is the amount factored into the odds by oddsmakers. An American 😄 odds bet of -110 containsR$10 of juice for everyR$100 wagered. Line movement: NFL odds generally do not move as much as 😄 other sports due to the accuracy of the betting market, but they still feature line movement due to various reasons. 😄 Weather, injuries or large bets are all reasons for line movement on NFL games. Money line: The money line is the 😄 odds related to the winner of the game with no point spread involved. Favorites have negative odds, while underdogs have 😄 positive odds in an American odds format. Oddsmaker: Someone who sets betting odds and lines is an oddsmaker. Some oddsmakers create 😄 their own betting odds (originators), while other oddsmakers copy odds that are already in the market. Over/Under: This is one of 😄 the primary sets of odds used for the NFL, with the number representing the expected points scored in the game. 😄 These are also used for some futures odds, such as how many games a team will win in a season. Pick’em: 😄 If neither team is favored, the game is called a pick’em. The betting odds have not determined a favorite or 😄 an underdog, so they are usually good games to watch. Spread: The point spread levels the playing field between two teams, 😄 as it is the number of points the favorite is expected to win by. The favorite is designated by a 😄 negative spread (-7), while the underdog has a positive spread (+7). Underdog: Unless a game is a pick’em, every NFL contest 😄 has an underdog, which is the team that is expected to lose. They are denoted by a positive number in 😄 the betting odds. The three primary types of betting odds are American (money line), fractional (British) and decimal (European). They are 😄 alternate ways of presenting the same odds, offering the same payout in each scenario. The percentage probability of an event 😄 occurring can be converted and presented in any of the odds offered. Favorites are always priced with a negative sign in 😄 front of their spread or money line, while underdogs have a positive sign in front of theirs. If a team 😄 is -6.5, they are the favorite and would need to win by at least seven points to cover the spread. 😄 Their opponent would be +6.5, needing to lose by six points or fewer (or win outright) to cover as an 😄 underdog. Odds are originally set by oddsmakers, who are also called sports traders or bookmakers. They usually adjust their odds once 😄 bettors start wagering money. The odds can also be moved due to things like injuries or weather forecasts. Sportsbooks take games 😄 off the board when a star player suffers an injury, the venue changes or another factor occurs. Oddsmakers usually re-post 😄 the updated line within a few hours, depending on the severity of the news. The odds are frozen so the 😄 sportsbook avoids taking large wagers on odds that are likely to change. This is another way to reference the over/under, which 😄 is the number of points expected to be scored in a game. If a game has an over/under of 45.5 😄 points, it will go over the total with 46 or more points and under the total with 45 or fewer 😄 points. 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