NFL Odds
The lines and NFL odds for this week are up but make sure you take
the time to understand how the betting lines work before you place
your next wager.
To comprehend NFL odds you must first understand what they mean
from the sportsbooks point of view. Never lose sight of the facts
that the sportsbooks are not gamblers but act as businessmen running
a sound financial machine acting as middlemen between 2 bettors.
By doing so he is guaranteeing himself a profit by holding the money
and recording the wagers between the 2 parties.
When you see the NFL odds come out and you see the Chicago Bears
-2.5 against the Detroit Lions, his goal is to get an equivalent
amount of bets and money, with half of them taking Chicago -2.5
and other half playing the underdog Lions +2.5 points. All parties
involved are risking $110 to win $100 plus their money back if the
wager is a winner. That extra $10 is the sportsbooks fee and each
losing bet is his profit for booking the game.
To explain further, using the current Chicago/Detroit example,
if the 2.5 point spread is accurate in the public eyes, (meaning
he gets equal action on both sides) he will be turning a profit
regardless of result. If the sportsbooks have taken in $50,000 on
Chicago -2.5 and $50,000 on Detroit +2.5 they have a total of $100,000
in action on this game. After the game result the books will have
made a $5,000 profit regardless of which team wins.
Does that sound like gambling to you? Now you see why we consider
the books to be more like brokers or agents that charge a fee for
their services. If he can attract equal action on both the favorite
and the underdog he will make 5% on every sporting event played.
If you haven’t been able to beat the NFL odds in previous
seasons check out the point spread picks we offer to all members
in our NFL picks section. This weeks
picks will be based of the NFL football odds listed below.
Here are the current 2005 NFL Odds live and up to date for you.
Each week we this page will update and you will be able to see the
weekly NFL Odds right here. If there is a game that stands out that
you would like to place a wager on, you can click on any of the
links below and it will take you to Bodog Sportsbook and collect
a 10% sign up bonus courtesy of NFLPicks.com. Be sure to bookmark
us so you will always have the most current NFL Odds this football
season.
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