Many fans are excited about the kick-offs with the NFL season fast approaching. Bettors are especially revved up this time of year, as the National Football League generates much revenue from wagers alone. In the United States, football is the most popular sport to bet on, so none of this is surprising.
Betting on the NFL
Every year, more and more people are drawn to sports betting, especially with the advent of online gambling sites, where you can place bets quickly and efficiently. On top of that, most of these websites double as casinos, so fans can also spin some reels, play some blackjack, and wager on poker.
With the number of bettors growing annually, we discussed some tips and tricks for NFL bettors joining us for the first time this season. We will review odds, teams, stats, and general betting tips that might help you this season. Without further ado, let’s get right into it.
Learning the Odds
First, you will need to learn how the odds work. There are three primary types of odds at most sportsbooks, but in this article, we will focus on money line odds, as they are the most popular in the U.S.
Money line odds are presented as positive and negative numbers. For example, you might go to a sportsbook and find something that looks like this:
- Team A: +842
- Team B: -394
What does this mean? Well, the positive numbers represent the underdog. The number shows how much you would win by betting $100 on a winning team. So, in this scenario, Team A is the underdog, and if one were to bet $100 on Team A and win, the bettor would receive their original wager and an additional $842 for a total of $942.
On the other hand, the negative number represents the favorite to win, and it shows how much money you need to wager to win $100. So, if Team B wins, and you wagered $394, you would get your investment back, as well as an additional $100, for a total of $494.
Early Predictions for Super Bowl
The ultimate culmination of the NFL season is, of course, the Super Bowl. One of the most popular sporting events in the world, the Super Bowl draws in many fans and bettors. This means it is worth discussing who has a good chance of winning this time around.
Considering their undefeated preseason, the Jacksonville Jaguars are one of the primary frontrunners for taking the trophy in 2024. Several sportsbooks have set up some favorable odds for the Jags. Kansas City is also a deserving favorite, with Andy Reid at the helm.
Predictions for MVP
Every year, the NFL decides on a most valuable player, a tradition that seems present in most sports. Naturally, sportsbooks will let you place bets on who will be chosen as the MVP. It is worth discussing some predictions about the MVP of the NFL in 2023.
Patrick Mahomes looks like a good choice. The Kansas City Chiefs have bolstered their roster, and with Mahomes as their QB, they are certainly ahead. As we said, they are the team to beat this year-round.
The Jags have also been strengthening their roster, recently signing up a new kicker in Brandon McManus. However, it is likely Trevor Lawrence, who is in the running for the MVP title against Mahomes. Lawrence’s showings last season have made him a favorite for NFL MVP this year-round.
NFL Futures: What are they?
In this final section, we want to address a popular way to bet on the NFL. Future betting is when football fans attempt to predict the future and determine an outcome for which no odds have been determined.
Future betting is one of the more popular types of bets. However, it is increasingly more work, as sportsbooks attempt to make predictions as far into the future as possible. Still, fans can wager on this like the following:
- Offensive Player of the Year
- Defensive Player of the Year
- Coach of the Year
- Super Bowl Winner
FAQ
When is the 2023 NFL season kicking off?
The NFL is about to kick off on Sept. 7, 2023.
What are the favorites to win the 2023 NFL season?
The Kansas City Chiefs and the Jacksonville Jaguars are the two favorites this year-round.
When does the 2023 NFL season end?
The season will end with the Super Bowl on February 11, 2024. The regular season lasts until January 7, 2024.
Who are the players most likely to win the MVP?
Patrick Mahomes, Trevor Lawrence of the Chiefs, and the Jaguars are the favorites to win this season’s MVP title. The Chiefs and Jags are the two teams to watch out for now.
What are other things I can bet on during the NFL season?
Apart from the winner and MVP, you can also bet on who will win the Super Bowl. You can also bet on the Players of the Year awards (offensive or defensive) and the Coach of the Year award.
