When it comes to the American sports betting market as hard as the likes of the MLB, NBA and the NHL may wish otherwise, it’s still the NFL that rules the roost when it comes to the sheer weight of action that occurs on any given Sunday.
According to recent reports as much as $100 billion is wagered on American football action during the NFL season, with a massive chunk of that outlay occurring during the showpiece Super Bowl event rolls into town.
In order to help you make the most of your NFL betting action here are five quick tips to maximise your profit margin.
Bet With Your Head, Not Your Heart
NFL fans are a notoriously loyal bunch and often, especially among those who are relative beginners in the sports betting arena, they tend to back their own teams. In order to execute a successful betting strategy you need to bet with your head and not your heart.
In fact we’d suggest you avoid betting on games relating to your team at all costs.
Do Your Research
You may know the NFL, but do you know everything you need to know about betting on the sport? You should do all the research you can and there are plenty of places to do so. If you want to learn how to bet on the NFL, then check out this guide which offers a great deal of key information when it comes to making a profit from your bets. It outlines some very salient points that could be the difference between another blown bet or an opportunity to secure a big payout.
Steer Clear of the Super Bowl (Unless Your Team is Playing)
In all honesty there is far too much attention paid to the Super Bowl. This may sound like an absurd statement but take into account how many people bet on the event without having any genuine experience in sports betting.
From the perspective of the sports betting providers it’s like shooting fish in a barrel and you’d do well to stick to betting across the regular and postseason far more than concentrating on the finale.
Save the Parlays to The Professionals
Parlays, in case you were not aware, are essentially the accumulation of a number of individual bets. They are a great way to make a killing but they rarely come to fruition, unless you know what you are doing.
A parlay is very tempting for a sports betting novice as they see the dollar signs flashing like neon signs. Be wary of stumping up anything other than a token sum on these, otherwise it may be like throwing money down the drain.
Back to the Futures
Someone who is new to sports betting might want to start out by investing in a futures bet that takes months to come to a conclusion. Futures bets clearly take a while to pay out but they retain your long-term interest in the result.
If you are a loyal NFL fan and want to get the ball rolling on a successful, and enjoyable, sports betting career then start with a simple futures wager.