Football odds are a type of wager that bettors place on different teams and players to win a game. They come in a number of formats, including decimal, fractional and moneyline odds.
The most common format of football odds is the decimal form, which is used by many bookmakers around the world. The format is simple to understand and can be found on most online sportsbooks. It also offers gambling enthusiasts a potential return that can be calculated by simply multiplying their stake with the odds.
Fractional odds, on the other hand, are more complicated to interpret and can be difficult for football bettors to make a profit. However, it is a format that is increasingly becoming obsolete thanks to the popularity of the decimal format.
Point spread betting is a popular wagering option that allows bettors to pick a team to win by more than or less than a certain number of points. The odds for the favored team are typically negative, while the odds for the underdog are positive.
Parlay bets are a popular way to place multiple picks in one bet, but they are usually paid out lower than straight bets and moneyline bets. This is because the odds will decrease if one of your picks fails to win.
Props and Teasers are another popular category of NFL bets. The payoff for a prop bet is generally smaller than for a moneyline bet, but it can often offer a greater risk/reward than a straight bet. opening hours