{"id":7029,"date":"2022-10-06T17:04:54","date_gmt":"2022-10-06T17:04:54","guid":{"rendered":"https:\/\/aceperhead.com\/blog\/?p=7029"},"modified":"2025-06-06T15:36:07","modified_gmt":"2025-06-06T15:36:07","slug":"how-do-odds-work-in-football","status":"publish","type":"post","link":"https:\/\/aceperhead.com\/blog\/pph-guide\/how-do-odds-work-in-football\/","title":{"rendered":"How Do Odds Work in Football?"},"content":{"rendered":"\n

American football is easily the most popular sport in the US, but it also has international fans. About 390 million to 410 million<\/a> people across the globe enjoy this sport. This makes sense since there are 32 teams to cheer for when you follow the NFL, so there’s something for everyone!<\/p>\n\n\n\n

Because of its popularity, millions of Americans bet on NFL season every year. But how do odds work in football? How can you make money as a bookie<\/a> by working with football bettors?<\/p>\n\n\n\n

Read here to answer these questions by learning the basics of football odds.<\/p>\n\n\n\n

How Do Odds Work in Football?<\/h2>\n\n\n\n

Sports betting odds aim to find the hypothetical likelihood of a certain event’s outcome. These statistically-motivated figures come from an assessment of previous game scores, wins vs losses, and new factors that may contribute to the team’s success or failure (new players, player injuries, coach turnaround, etc).<\/p>\n\n\n\n

Odds are used for two things:<\/strong><\/p>\n\n\n\n

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  1. Setting well-constructed lines based on the probability of each outcome<\/li>\n\n\n\n
  2. Showing how much money a gambler must wager to make a specific profit<\/li>\n<\/ol>\n\n\n\n

    There are several ways to find and calculate NFL betting odds and set lines. In many cases, bookies will hire a professional linemaker<\/a> who is experienced in setting competitive lines. However, some passionate budding bookies will assess statistics on their own from past information, third-party firms, and other betting websites like BetMGM. <\/p>\n\n\n\n

    How to Read Football Betting Odds?<\/h2>\n\n\n
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    \"NFL<\/a><\/figure>\n<\/div>\n\n\n

    The goal of line setting is to show the projected margins of a team’s victory or loss.<\/p>\n\n\n\n

    For the sake of argument, let’s say that there is a hypothetical matchup between the Chicago Bears and the Dallas Cowboys. If the Cowboys seem likely to win by an average of 3 points, a line may look like<\/p>\n\n\n\n