If you're betting totals, and you're probably seeing a pattern here, you're betting on the total number of points scored.

These bet types are pretty logically named, no? Anyway, if you're betting on a Packers v. Bears matchup and the total is set at over or under If it does, and you bet the OVER, you get a payout. If it doesn't and you bet the UNDER, you get a payout. Parlay betting is not for the feint of heart, as we've said: it requires you to string together anywhere from and sometimes more bets for a bigger payout.

The only trick? Every single leg has to hit, otherwise you lose it all. We're also seeing one-game or single game parlays on the board lately, and that's in large part due to the advent of live betting:.

Prop betting is a form of casual bet that doesn't really have to do with the outcome of a game. For example, you can have the more technical prop bets like "player to exceed X passing yards before the half" or "team to intercept before the quarter is finished". You can also have less technical bets like "color of Gatorade dumped on the coach", "will the mascot trip down the stairs today", or any number of novelty bets.

Throw in the fact that legal, online betting can be done from a mobile device, and live betting becomes possible: that's where you can place prop bets, including parlaying them together in single-game parlays, as the game is happening.

Exciting times we live in! We've reviewed some of the top NFL sportsbooks in the country and their exclusive promotions available for new and existing users.

Check out our sportsbook reviews, like Fanatics Sportsbook , and sections on providers to get all the information you need to get online and bet legally, including promos and bonuses to get you off on the right foot!

You can take advantage of our exclusive BetMGM Bonus Code VIBONUS One of the best features on the NFL Vegas Odds is the Open Line.

This numbers consists of the first betting line received from one of our preferred sportsbooks. The opening line varies depending on the sportsbook, but the figure provides a clear-cut rating as determined by the oddsmakers.

The VegasInsider. com Consensus NFL Line is just as important as the Open Line and also a key resource on odds platform. The consensus line will be the same as the open line but once the wagers start coming in, this number is often different than the openers.

Negative NFL odds indicate that the bet is the favorite, which would lead to a lower payout. Positive NFL odds indicate an underdog bet, leading to a higher payout. Sometimes, taking a bet on the favorite makes sense if you don't see a clear path for the underdog to upset the expected result.

NFL odds are determined by professional oddsmakers employed by the top sportsbooks. Online betting odds usually reflect what is determined by oddsmakers at the nation's top casinos, many of which are in Las Vegas. Reading the NFL odds is simple. Whether you're looking at totals bets, props, moneylines, or spread betting, the negative number indicates the favorite and a lower payout and the positive number indicates the underdog and a higher payout.

When betting the spread, there are also smaller numbers indicating the point difference, and for totals, the total number of expected points. A healthy Bills team.

An increasingly dangerous Texans team. Did I mention Joe Burrow is going to be playing again? The AFC is a crazy arms race loaded with quarterbacks, and it seems like three-quarters of the entire conference could have a realistic chance to play for a Super Bowl. Are you ready to take your online sports betting experience to the next level?

Live sports betting is your ticket. Available for hundreds of NFL games each year, live betting allows you to place wagers during the game. Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else.

He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports.

His first novel, Cave Paintings, is in development. Baltimore Ravens Buffalo Bills. Share This Share. Bettors who want to get involved in the early Super Bowl odds market can stake a position now. Who Is Favored to Win the Super Bowl?

NFL Odds for Super Bowl LIX. Super Bowl Date: When Is the Super Bowl? Super Bowl LIX will be played on Sunday, Feb. Super Bowl Favorites: Chiefs Downgraded After Second Straight Super Bowl Win Many bettors are surprised to see San Francisco atop the inaugural Super Bowl odds table.

NFL Super Bowl Odds: Another AFC Arms Race Remember last year, when the collective online sports betting universe marveled at the depth of one particular conference? Live Football Odds at BetMGM Are you ready to take your online sports betting experience to the next level?

Share This. About the Author Chase Kiddy Read More chaseakiddy Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else.

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