NFL Betting for Beginners: Understanding spreads and moneylines

How spreads and moneylines shape every NFL bet

If you’re new to betting on NFL games, two terms you’re going to see everywhere are point spreads and moneylines. These are the most common ways to place a bet in football, and understanding how they work is the first step to making smarter picks. Whether you’re backing the Kansas City Chiefs or eyeing a Week 1 underdog, spreads and moneylines are where most bettors start.

Why it matters: These bets are everywhere in NFL sportsbooks

In NFL betting, spreads and moneylines appear on nearly every matchup. They’re also key to how odds are set, payouts are calculated, and underdogs get a chance. If you don’t understand the difference between a +3 spread and a -150 moneyline, you might make a bet without knowing what’s at stake. This guide explains both — clearly, simply, and with examples.

What is a point spread?

A point spread is a number set by sportsbooks to even out the odds between two teams. The favorite must win by more than the spread for your bet to cash. The underdog can either win outright or lose by fewer points than the spread.

Example:
Patriots: -6.5
Jets: +6.5

If you bet on the Patriots, they must win by 7 points or more.
If you bet on the Jets, they can lose by 6 or fewer — or win the game outright — for your bet to win.

The minus sign (-) shows the favorite. The plus sign (+) shows the underdog.

What is a moneyline?

A moneyline bet is the simplest type — you’re just picking who wins the game. The odds tell you how much you can win based on a $100 bet (or how much you need to bet to win $100).

Example:
Cowboys: -150
Giants: +130

If you bet $150 on the Cowboys, you’d win $100 if they win.
If you bet $100 on the Giants, you’d win $130 if they pull off the upset.

In a moneyline, the minus (-) means the team is favored, and the plus (+) means the team is the underdog.

How do you decide between spread and moneyline bets?

• If you think the favorite will win easily, go with the spread to get better value.
• If you believe the underdog has a shot to win, a moneyline bet gives you a higher payout.
• In close matchups, some bettors choose moneyline to avoid last-minute heartbreak caused by a spread miss.

Key tips for new NFL bettors

• Check injury reports before betting — especially quarterbacks.
• Understand home field advantage. Some teams perform much better at home.
• Start small. Don’t bet your whole bankroll on a single Sunday game.
• Avoid betting with emotion. Just because you support a team doesn’t mean they’re a smart bet.

Final thought: Learn the basics before you bet big

Betting on the NFL is fun, fast-paced, and full of opportunity — but only if you understand how the odds work. Start with spreads and moneylines, place small bets, and get comfortable reading the lines. Once you know how they work, you’ll be ready to explore totals, parlays, and more advanced strategies.

Frequently Asked Questions (FAQs)

What does +7 mean in NFL betting?

If a team is listed at +7, it means they are a 7-point underdog. Your bet wins if they win outright or lose by fewer than 7 points.

What does -150 mean in moneyline betting?

You need to bet $150 to win $100. It indicates the team is favored to win.

Which is better: point spread or moneyline?

It depends on the matchup. Spreads offer more value for favorites; moneylines are better for underdogs or close games.

Can you bet both the moneyline and spread on the same game?

Yes, but they are separate bets. You can place one or both depending on your confidence level and risk tolerance.

Is NFL betting legal in the US?

Yes, but only in states where sports betting is legalized. Check local laws or use licensed online sportsbooks in legal states.