How to Read NFL Odds – How to Read Football Odds

Learn how to read NFL betting odds. Our video tutorial explains football odds in simple language. Use this knowledge hone your NFL betting skills. Below, we’ll discuss NFL point spreads, totals, and moneylines. Use SportsBetting3.com’s Live NFL odds example to learn how different bets from upcoming NFL matchups win, lose, or push.


Bonus
BetMGM Sportsbook#1 BetMGM
REVIEW
New Customers - Up to $1500 Paid Back in Bonus Bets
Bonus Bets Expire in 7 Days
One new customer offer/Add'l Terms

Bet Now
21+ Playable in Ohio only
Gambling Problem? Call 1-800-589-9966

Table of Contents

  1. Current Odds
  2. How to Read NFL Odds
  3. Point Spread
  4. Total Bet
  5. Moneyline Bet

Watch the following video to understand NFL Odds

NFL Matchup Betting Odds

Markets
Next 16 NFL Game Odds
+ Displays more odds

Game
BetMGM Sports Betting BetMGM
Bet
BetRivers Sports Betting BetRivers
Bet
Saints
Packers
8:15pm EST
+14 -110-14 -110+14.5 -115-14.5 -106
Chiefs
Steelers
12/25/24 1:00pm EST
-2.5 -110+2.5 -110-2.5 -110+2.5 -110
Ravens
Texans
12/25/24 4:30pm EST
-5.5 -110+5.5 -110-4.5 -110+4.5 -110
Seahawks
Bears
12/26/24 8:15pm EST
-3.5 -110+3.5 -110-3.5 -114+3.5 -107
Chargers
Patriots
12/28/24 1:00pm EST
-5 -110+5 -110-5 -112+5 -109
Cardinals
Rams
12/28/24 6:00pm EST
+6 -110-6 -110+6 -110-6 -110
Broncos
Bengals
12/28/24 6:00pm EST
+3 -105-3 -115+3 -108-3 -113
Falcons
Commanders
12/29/24 1:00pm EST
+4 -110-4 -110+4 -110-4 -110
Panthers
Buccaneers
12/29/24 1:00pm EST
+8 -110-8 -110+8 -110-8 -110
Packers
Vikings
12/29/24 1:00pm EST
+1.5 -110-1.5 -110+1.5 -110-1.5 -110
Colts
Giants
12/29/24 1:00pm EST
-7.5 -110+7.5 -110-7.5 -110+7.5 -110
Raiders
Saints
12/29/24 1:00pm EST
+2.5 -110-2.5 -110+1.5 -109-1.5 -112
Jets
Bills
12/29/24 1:00pm EST
+10 -110-10 -110+10 -110-10 -110
Titans
Jaguars
12/29/24 1:00pm EST
+1 -110-1 -110+1 -113-1 -108
Cowboys
Eagles
12/29/24 4:25pm EST
+9.5 -110-9.5 -110+9.5 -110-9.5 -110
Dolphins
Browns
12/29/24 8:20pm EST
-6.5 -110+6.5 -110-6.5 -112+6.5 -109

How to Read NFL Odds

NFL betting odds indicate risk and win amounts for each side of a bet. Minus odds indicate how much you risk to win $100. Plus odds indicate how much you win if you risk $100. Standard odds of -110 mean you risk $100 to win $100. +120 odds mean you risk $100 to win $120.

NFL Point spread and total bets both have a line followed by odds for each side of the bet. Moneyline bets do not have a line. Instead, you’re picking the outright result. The way you read the odds for each of these NFL bets is the same.

Point Spreads

Point Spread
Game
Line & Odds
Steelers
Bengals
9/11/22 1:00pm EDT
+6.5 -110
-6.5 -110

NFL Point Spread Basics

09/11/22 is the game date. 1:00 PM is the game time. You must place a point spread bet before gametime.

The visiting team comes first. In the example, the Pittsburgh Steelers are the visiting team. The home team follows below. The Cincinnati Bengals are the home team.

NFL Point Spread Line

Teams with a plus line are the underdog. In the example, the Pittsburgh Steelers are the +6.5 point underdogs.

Teams with a minus line are the favorite. The Cincinnati Bengals are the -6.5 point favorites.

Why Does the Point Spread Line Have a ½ Point?

A ½ point spread means no tie bets. Either Steelers bettors or Bengals bettors will win. Oddsmakers use ½ points strategically to avoid pushing players.

A tie is possible when the point spread line is a whole number like 3, 6, or 7. If the final score difference ties the spread, your bet will be refunded. Neither Steelers bettors nor Bengals bettors will win.

NFL Point Spread Odds

The numbers next to each point spread line are odds. These numbers determine your bet’s risk and win amounts.

Minus numbers indicate how much you lay to win $100. In the example, -110 means you lay $110 to win $100 on either team.

Plus numbers indicate how much you win for risking $100. +120 would mean you win $120 for risking $100.

PK, short for “Pick’em”, equals a 0 point spread. The point spread becomes a moneyline bet with the odds indicating risk and win amounts for each side.

NFL Odds Example

NFL Odds and Outcomes Explained

Game
BetMGM Sports Betting BetMGM
Bet
Saints
Packers
8:15pm EST
+14 -110-14 -110
Bet $100 at BetMGM Ohio
21+ Playable in Ohio only
Gambling Problem? Call 1-800-589-9966

Underdog New Orleans Saints - New Orleans Saints bettors risk $100 to win $90.91 at -110 odds.

A +14 New Orleans Saints underdog bet wins if they lose by 13 or fewer, tie, or win outright. The bet pushes if they lose by 14. Your bet loses if they lose by 15 or more.

Favorite Green Bay Packers - Green Bay Packers bettors risk $100 to win $90.91 at -110 odds.

A -14 Green Bay Packers favorite bet wins if they win by 15 or more. The bet pushes if they win by 14. Your bet loses if they win by 13 or fewer, tie, or lose outright.

Total Bets

Total
Game
Line & Odds
Steelers
Bengals
9/11/22 1:00pm EDT
44.5 o -110
44.5 u -110

NFL Total Bet Basics

09/11/22 is the game date. 1:00 PM is the game time. You must place a total bet before the game starts.

The visiting team appears over the home team. The over-under total bet is made against the sportsbook’s total line. This differs from the point spread or moneyline, where you pick a team to win.

NFL Total Bet Line

Sportsbooks set a over-under total line that combines the estimated final scores of each team. In this example, the sportsbook has set a 44.5 point line for Pittsburg Steelers at Cincinnati Bengals matchup.

o is an abbreviation for “over”. u is an abbreviation for “under”.

You decide whether the actual point total will be over or under the sportsbook’s line.

Why Does the Total Line Have a ½ Point?

A ½ total line means no tie bets. The actual point total will be either over or under the sportsbook’s line.

A tie is possible when the total line is a whole number like 42, 45, or 49. If the actual point total equals the sportsbook’s line, your bet will be refunded. Neither the over nor the under will win.

NFL Total Bet Odds

The numbers next to each total bet line are odds. These numbers determine your bet’s risk and win amounts.

Minus numbers indicate how much you lay to win $100. In the example, -110 means you lay $110 to win $100 on both the over and under.

Sometimes the numbers will differ. The over might have -115 odds while the under has -105. In this case, you would lay $115 to win $100 on the over. Or, you would lay $105 to win $100 on the under.

Plus numbers indicate how much you win for risking $100. Suppose the under had +120 odds. That means you win $120 for risking $100 on the under.

NFL Odds Example

NFL Odds and Outcomes Explained

Game
BetMGM Sports Betting BetMGM
Bet
Saints
Packers
8:15pm EST
43 o -11043 u -110
Bet $100 at BetMGM Ohio
21+ Playable in Ohio only
Gambling Problem? Call 1-800-589-9966
Taking the Over - Over bettors risk $100 to win $90.91 at -110 odds.

An Over 43 bet wins if the total is 44 or more. The bet pushes if the total is 43. Your Over 43 bet loses if the total is 42 or fewer, or a 0-0 tie.

Taking the Under - Under bettors risk $100 to win $90.91 at -110 odds.

An Under 43 bet wins if the total is 42 or fewer, or a 0-0 tie. The bet pushes if the the total is 43. Your Under 43 bet loses if the total result is 44 or more.

Moneylines

Moneyline
Game
Line & Odds
Steelers
Bengals
9/11/22 1:00pm EDT
+215
-275

NFL Moneyline Bet Basics

09/11/22 is the game date. 1:00 PM is the game time. You must place a moneyline bet before the game starts.

The visiting team comes first. In the example, the Pittsburgh Steelers are the visiting team. The home team follows below. The Cincinnati Bengals are the home team.

NFL Moneyline Bet Odds

The moneyline favorite will have a minus value. The moneyline underdog will have a plus value.

Minus numbers indicate how much you lay to win $100. In the example, the favorite Bengals have a -275 moneyline. That means you risk $275 to win $100.

Plus numbers indicate how much you win for risking $100. The underdog Steelers have a +215 moneyline. That means you win $215 for risking $100.

Rarely, both sides will have -110 moneylines. That means there’s no favorite or underdog. The sportsbook regards this game as an equal matchup. Risk $110 to win $100 on either team.

NFL Odds Example

NFL Odds and Outcomes Explained

Game
BetMGM Sports Betting BetMGM
Bet
Saints
Packers
8:15pm EST
+625-1000
Bet $100 at BetMGM Ohio
21+ Playable in Ohio only
Gambling Problem? Call 1-800-589-9966
Possible Moneyline Outcomes
  • New Orleans Saints bettors risk $100 to win $625 at +625 odds. The implied probability for New Orleans Saints is 13.79%.
  • Green Bay Packers bettors risk $100 to win $10 at -1000 odds. The implied probability for Green Bay Packers is 90.91%.

Finding value

Given two equal point spreads or totals, bet at the sportsbook charging less juice. A lower commission means you won’t have to risk as much to bet on the favorite.

Also shop positive juice numbers. Under 35 +118 at one book is less profitable than +120 at another. You’ll get an extra $2 reward for making this bet at the other book!

NFL Futures Bets

The following are the most popular NFL futures bets. These bets are the most commonly placed by recreational and professional bettors alike. Use the odds to guide your handicapping throughout the season.

2024-25 Super Bowl Odds

Team
BetMGM Sports Betting BetMGM
Lions
+400
Bet
Bills
+450
Bet
Chiefs
+450
Bet
Eagles
+600
Bet
Ravens
+750
Bet
Vikings
+1100
Bet
Packers
+1400
Bet
Rams
+3000
Bet
Texans
+4000
Bet
Chargers
+4000
Bet
Steelers
+4000
Bet
Commanders
+5000
Bet
Broncos
+6600
Bet
Buccaneers
+6600
Bet
Falcons
+8000
Bet
Bengals
+10000
Bet
Seahawks
+15000
Bet
Colts
+50000
Bet
Dolphins
+50000
Bet

NFL Team Betting Odds

Review each NFL team’s current betting odds, futures odds, season win totals, and prop bets. Each team’s odds update multiple times each day.

FAQs

How to read NFL odds?

NFL betting odds indicate risk and win amounts for each side of a bet. Minus odds indicate how much you risk to win $100. Plus odds indicate how much you win if you risk $100. Standard odds of -110 mean you risk $100 to win $100. +120 odds mean you risk $100 to win $120.

What does -110 odds mean?

-110 odds mean you risk $110 to win $100. -110 odds are considered standard sports betting odds.

What does a PK point spread mean?

PK stands for “pick ’em”. It means that the point spread is 0, so the wager is essentially the same as a moneyline bet. The odds indicate each side’s risk and win amounts.

Which team is the moneyline favorite when both teams have -110 odds?

When both teams have a -110 moneyline there is no favorite. The sportsbook has set equal odds for each side. Risk $110 to win $100 on either team.

What do “o” and “u” mean on a total bet?

“o” stands for Over. “u” stands for Under. Choose whether the actual result will be over or under the sportsbook’s line.

What do half-point betting lines mean?

A half-point line, or betting line with .5, means that no tie bets are possible. One side or the other will win.

What if the game result ties the point spread line?

A game result that ties the spread results in a push. The sportsbook will refund your bet.

What makes betting lines and odds change?

Betting lines and odds change as the sportsbook balances its action. Bookmakers want equal action on either side of the line.

What are the most common NFL key numbers?

The most common NFL key numbers are 3, 7, and 10. These numbers are the most common final score difference between teams.

When to bet a big point spread favorite vs a big moneyline favorite?

A big point spread favorite will be a less expensive than a big moneyline favorite. You’ll risk less money and have more room for error.

NFL Betting Resources

  • How to Bet on the NFL – An in-depth look at how to place bets on the NFL, including common straight bets and exotics like parlays, teasers, and props.
  • NFL Betting Sites – Our list of the best NFL betting sites features licensed and legal US sportsbooks, just in time for the action on the gridiron.
  • NFL Betting Odds – Current NFL odds for upcoming matchups, including the preseason and postseason. Review futures odds, the greatest all-time teams, regular-season standings, and valuable handicapping strategies.
  • NFL Prop Bets – Prop bets from upcoming NFL matchups, including a complete NFL prop betting tutorial. Learn how to bet on NFL props.
  • NFL Futures Odds – Odds for popular NFL Futures, like the Super Bowl, AFC and NFC conference winners, each division winner, and offensive and defensive player awards. Learn how to bet on NFL futures in minutes.
  • NFL Win Total Odds – Review regular season win total lines and odds for each team. Remember to place you bet before each team’s first game of the regular season.
  • NFL Game to Overtime Prop Bet – See odds for upcoming games, then review overtime game counts from recent seasons.
  • NFL Safety to be Scored Prop Bet – Review odds of a safety happening in upcoming games, then bet “Yes” or “No”.
  • NFL First Team to Score Prop Bet – See odds for which team will score first, then learn how to bet on this prop.
  • Undefeated NFL Teams – See which teams are still undefeated in the current regular season.
  • NFL Biggest Rivalries – Review the NFL’s biggest rivalries by division, catching up on each rivalry’s history and recent matchup results.
  • Super Bowl Betting – The latest Super Bowl odds for every NFL team, plus a great guide to how to bet on the Super Bowl. Review how to bet Super Bowl props and recent winning teams.
  • Quarterback Props – Review each quarterback’s regular season performance props. Bet over or under the sportsbook’s line.
  • Running Back Props – See performance props for the league’s top running backs. Bet over or under the sportsbook’s line.
  • Receiver Props – Have a look at regular season performance lines for receiving yards and receiving touchdowns, then bet over or under the sportsbook’s line.
  • How to Read NFL Odds – Great for beginners: learn what the numbers for each bet mean.
  • NFL Team Betting Odds – Betting odds and bonuses for each NFL team, including their Super Bowl, Conference, and Division futures, plus historical standings going back to before you were born.
Categories NFL