• About Us / Contact
  • Responsible Gambling
This site contains commercial content
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
No Result
View All Result

Sports Betting 201: NFL Lines, Exotic Bets, Hedging And More

Brett Smiley by Brett Smiley
January 10, 2021
in Sports
balanced rocks
Share on FacebookShare on Twitter

Intermediate and experienced sports bettors have a solid grasp on NFL odds, NFL lines and point spreads, described in detail in our sports betting 101 explainer. If you inadvertently enrolled in 201 before reviewing 101, head back there.In this article we’ll delve deeper into more advanced football betting plays, like parlays, hedging, buying points and some more exotic bets.

Best Sports Bonuses in

1
PrizePicks

$100 Deposit Match

4.5
  • Use Promo Code: HANDLE
  • Real-money play in 28 states
  • Age 19+, Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
Underdog Fantasy

$100 Match Bonus

4.4
  • Underdog Promo Code: HANDLE
  • Best Ball, Pick'em, and DFS Contests
  • 18+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
Sports Interaction Ontario

Sports Interaction

4.2
Read Review
  • Now Available in Canada
  • Experienced within Canada
  • Vast Number of Available Bets
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
Bet99 Sportsbook

Bet99 Sportsbook

4.7
Read Review
  • Bet99 is Live in Canada
  • Live Streaming On Site
  • Partnership with NHL
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Parimatch

Parimatch Sportsbook

4.0
  • Parimatch operates in Canada
  • 24/7 Customer Support
  • Accepts Crypto Deposits
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
bet365 Sportsbook Ontario

bet365 Sportsbook

4.5
Read Review
  • Available in Canada
  • Open to Ages 19+
  • Fast Deposits and Withdrawals
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
BetVictor Sportsbook

BetVictor Sportsbook

4.6
  • Available in Canada
  • Great Pricing
  • Founded in 1946
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
Sports Interaction Ontario

Sports Interaction

4.2
Read Review
  • Now Available in Canada
  • Experienced within Canada
  • Vast Number of Available Bets
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
NorthStar Bets Sportsbook

NorthStar Bets Sportsbook

4.6
Read Review
  • Toronto Star Integration
  • Loads of betting options
  • Almost every bet market covered
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
bet365 Sportsbook Ontario

bet365 Sportsbook

4.5
Read Review
  • Available in Canada
  • Open to Ages 19+
  • Fast Deposits and Withdrawals
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Bet99 Sportsbook ON

Bet99 Sportsbook

4.7
  • Bet99 is Live in Ontario
  • Live Streaming On Site
  • 24/7 Support
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
Proline+ Sportsbook (ON)

Proline+ Sportsbook

4.2
  • Available in Ontario
  • 14+ Sports Offered
  • Online Casino Also Available
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
bet365 Sportsbook OH (Go-Live)

Bet $1, Get $365 in Bonus Bets

4.5
Read Review
  • Promo Code: NJMAX
  • $365 Paid in Bonus Bets
  • 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook OH (Go-Live)

$1000 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE
  • Up to $1K Back If You Lose
  • 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook OH (Go-Live)

Bet $20, Get $200 in Bonus Bets

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Caesars Sportsbook OH (Go-Live)

$1500 First Bet on Caesars

4.3
Read Review
  • Promo Code: HANDLE1BET
  • Up to $1500 Paid Back in Bet Credits
  • 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
PointsBet Sportsbook OH (Go-Live)

Up to $500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive Ohio Offer
  • 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook MA

$1K First Bet Offer

4.5
Read Review
  • BetMGM MA Bonus Code: HANDLE
  • Up to $1,000 Back If You Lose
  • Offer Credited in Bonus Bets
  • Must be 21+. Gambling problem? Call 1-800-327-5050 or https://helplinema.org
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook MA

Bet $5, Get $200 in Bonus Bets

4.8
Read Review
  • No Promo Code Required
  • Exclusive Massachusetts Offer
  • Must be 21+. Gambling problem? Call 1-800-327-5050 or https://helplinema.org
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook MA

Get Up To $1500 on Caesars

4.5
Read Review
  • Promo Code: HANDLE1BET
  • MA Offer Credited as a Bonus Bet
  • Must be 21+. Gambling problem? Call 1-800-327-5050 or https://helplinema.org
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
WynnBET Sportsbook MA

Bet $100, Get $100 in Bet Credits

4
Read Review
  • Bonus Code: XHANDLEMA
  • $100 Wager Unlocks $100 Bet Credit
  • Must be 21+. Gambling problem? Call 1-800-327-5050 or https://helplinema.org
  • T&C at bet.WynnBET.com. Get set before you bet – talk to GameSense first! LiveChat @ GameSenseMA.com or call 1-800-GAM-1234.
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
Betfred Sportsbook

Bet $50, Get Up to $1,111 in Fred Bets

3.8
Read Review
  • Promo Code: HANDLE
  • Solid Welcome Offer
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Caesars Sportsbook Maryland

Bet $20, Get $100 in Bet Credits

4.5
Read Review
  • Promo Code: HANDLEPICS
  • Exclusive Maryland Offer
  • Receive four (4) $25 bet credits
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
PointsBet Sportsbook

$500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive PointsBetting Available
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
PointsBet Sportsbook

$500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive PointsBetting Available
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM NY

Sign Up With BetMGM

4.5
Read Review
  • Promo Code: HANDLE
  • Fast Withdrawals and Deposits
  • Good Media Integrations
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
WynnBET Sportsbook

Bet $20, Get $100

4
Read Review
  • Promo Code: XHANDLEMAX
  • $100 Awarded in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
PointsBet Sportsbook

$500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive PointsBetting Available
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
WynnBET Sportsbook

Bet $20, Get $100

4
Read Review
  • Promo Code: XHANDLEMAX
  • $100 Awarded in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
PointsBet Sportsbook

$500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive PointsBetting Available
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
SugarHouse Sportsbook

2nd chance bet up to $500!

4.2
Read Review
  • Simple, Easy-to-Clear Bonus
  • Best in Class Loyalty Program
  • Get Tons of Alternative Lines
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
WynnBET Sportsbook

Bet $20, Get $100

4
Read Review
  • Promo Code: XHANDLEMAX
  • $100 Awarded in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
Betfred Sportsbook

Bet $50, Get Up to $1,111 in Fred Bets

3.8
Read Review
  • Promo Code: HANDLE
  • Solid Welcome Offer
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
bet365 Sportsbook

Bet $1, Get $365 in Bonus Bets

4.5
Read Review
  • Promo Code: NJMAX
  • New players only. T&Cs, time limits, exclusions apply.
  • 21+. Gambling Problem? Call 1-800-GAMBLER.
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Betfred Sportsbook

Bet $50, Get Up to $1,111 in Fred Bets

3.8
Read Review
  • Promo Code: HANDLE
  • Solid Welcome Offer
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
WynnBET Sportsbook MI/NJ

Bet $20, Get $100

4
Read Review
  • Promo Code: XSHPROMO
  • $50 Sports Bonus, $50 Casino Bonus
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
SI Sportsbook

Bet $20, Win $200

4.1
Read Review
  • Use Promo Code SI200
  • $200 Issued in Bet Credits
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
bet365 Sportsbook

Bet $1, Get $365 in Bonus Bets

4.5
Read Review
  • Promo Code: NJMAX
  • New players only. T&Cs, time limits, exclusions apply.
  • 21+. Gambling Problem? Call 1-800-GAMBLER.
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
betPARX

Bet $10, Get $125 in Bonus Bets If You Win

4.0
Read Review
  • Bonus Code: HANDLE
  • Available in NJ, PA
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
betPARX

Bet $10, Get $125 in Bonus Bets If You Win

4.0
Read Review
  • Bonus Code: HANDLE
  • Available in NJ, PA
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
PointsBet Sportsbook

$500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive PointsBetting Available
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
WynnBET Sportsbook

Bet $20, Get $100

4
Read Review
  • Promo Code: XHANDLEMAX
  • $100 Awarded in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
PointsBet Sportsbook

$500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive PointsBetting Available
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
PointsBet Sportsbook

$500 in Second Chance Bets

4.3
Read Review
  • No Promo Code Required
  • Exclusive PointsBetting Available
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
Betfred Sportsbook

Bet $50, Get Up to $1,111 in Fred Bets

3.8
Read Review
  • Promo Code: HANDLE
  • Solid Welcome Offer
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
bet365 Sportsbook

Bet $1, Get $365 in Bonus Bets

4.5
Read Review
  • Promo Code: NJMAX
  • New players only. T&Cs, time limits, exclusions apply.
  • 21+. Gambling Problem? Call 1-800-GAMBLER.
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
5
WynnBET Sportsbook

Bet $20, Get $100

4
Read Review
  • Promo Code: XHANDLEMAX
  • $100 Awarded in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
BetRivers Sportsbook

$500 2nd Chance Bet

4.2
Read Review
  • Strong promotional schedule
  • Unmatched Loyalty Program
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

Best Legal Sportsbook Apps in

1
BetMGM Sportsbook

$1100 First Bet Offer

4.5
Read Review
  • Promo Code: HANDLE1100
  • Up to $1,100 Back If You Lose
  • Offer Paid Back in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
2
FanDuel Sportsbook

No Sweat First Bet up to $1000

4.8
Read Review
  • No Promo Code Required
  • Tons of Props on 16+ Sports
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
3
WynnBET Sportsbook

Bet $20, Get $100

4
Read Review
  • Promo Code: XHANDLEMAX
  • $100 Awarded in Bonus Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.
4
Caesars Sportsbook

First $1250 on Caesars

4.5
Read Review
  • Promo Code: HANDLEFULL
  • Extensive Betting Menus and SGPs
  • 21+. Gambling Problem? Call 1-800-GAMBLER
BET NOW
T&Cs Apply21+. Eligibility restrictions apply. See website for details.

NFL lines, exotic bets, hedging and more betting terms, explained

Hedging: Hedging or “hedging a bet” describes when a bettor takes the opposite position of an existing bet he placed. This may for done for several reasons, and is best described through examples. For example, let’s say Joe bet $100 on the Packers to win the Super Bowl at 30-1 odds, and the Packers make it to the Super Bowl. Joe stands to win $3,000 if the Packers win the Super Bowl, but would win zero if Green Bay falls short. So he may decide to place a bet on the AFC Super Bowl representative, the Patriots, favored -200 on the moneyline, in order to guarantee that he wins something.

In this example, let’s say Joe bets $1,000 on the Patriots moneyline at -200.  If the Packers win the Super Bowl, Joe will win $3,000 on his initial futures wager, and lose the $1,000 he bet on the Patriots, for a total profit of $2,000 on his initial $100 bet. If the Patriots beat the Packers, Joe will win $500 on that bet, lose $100 on his initial Packers futures bet, for a profit of $400. By betting on the Patriots as a “hedge” he guaranteed himself some profit.  (Check out this hedge calculator.)

Middle or middling: To successfully middle a game or total means to take a position on both sides, and win both. This is possible because the line is not static: it moves according to how people are wagering, or how the book believes that wagers will ultimately fall. An example: The Dolphins open as a 3.5-point favorite over the Jets. John bets $100 on Miami to cover the spread. Closer to game time, a wave of money comes in on the Dolphins and the line moves all the way to 6. John now bets $100 on New York at +6. John is now invested in both sides, but has created a middle opportunity if the Dolphins win the game by 4 or 5 points. In that case, the Dolphins will have covered the 3.5 spread, and the Jets will have covered the spread of +6. John double dips, and wins about $200.

Parlay: A parlay is a type of bet in which the bettor is wagering on the outcome of two or more games, and must win each of the games in order to win the overall bet.  For example, you might bet a two-team parlay: Patriots -14 vs. the Browns and the Giants -3 vs. the Eagles.  The bettor is not wagering these games individually – they are betting that BOTH the Patriots and Giants cover the spread.  With the risk comes a much greater reward: based on fixed odds and a standard -110 wager, a successful two-leg parlay pays 13/5. So, if the Patriots and Giants both cover, a $100 bet will win $260; a three-team parlay pays 6:1, a four-teamer 10:1 and up and up. When the parlay includes moneyline underdogs (such as +200), the potential payout rises. However, the risk is also greater – if any of the teams you include in a parlay fail to cover, you lose the entire bet.  So even if you bet a 5-team parlay, and four of the teams cover, you lose the bet because the fifth team did not cover.  But keep in mind that if one of the teams in your parlay “pushes,” that gets canceled out and the wager is reduced by one leg and you can still win. Generally speaking, it’s not a great bet, and is a better long-term strategy to make single wagers.

Twoo additional notes about parlays: When the legs of a parlay involve games at different times, the might create hedging opportunities. Suppose you hit the first three legs of a four-game parlay during the daytime games, and your last game is on Sunday or Monday night, you’ll have a chance to hedge by betting on the other side in that last game. Also, note that parlays can be mixed sports or combine spread(s) and total(s).

Teaser: The teaser is another popular bet where all the bets must hit, but with a twist: in football, you can “tease”, or adjust the line a certain number of points (typically 5.5 to 7.5), of every game you’re including, in either direction. For example, if the Lions are +1 vs. the Vikings, and the Bears are +4 vs. the Packers, you could make a two-team, 6.5-point teaser. This would change the lines to Lions +7.5 and Bears +10.5. In this example, both teams must cover that adjusted spread in order for you to win the bet.  You can also “tease” point totals.  For example: If you think that Lions stand a good chance to win and that the game total of 42 is too high, you might tease the line by 6.5, which would make the game line +7.5 and the total  to 48.5. Assuming standard -110 lines in both legs of the teaser, a successful wager (both legs must win) pays about -110. So you must bet $110 to win $100. Add a third leg to the teaser and it will pay about +165, so $100 wins $165. Multi game bets, where more than one outcome is needed for the player to win have a perceived 30% house advantage. It’s one of the main reasons why the house wins (in addition to the vig).

Buying points: Many sportsbooks will give you the opportunity to “buy points,” which allows you to manipulate the existing point spread.  Often a bettor will buy a point to move the spread off a key number. For example, Henry wants to bet the Chiefs -3 to beat the Broncos. However, he thinks the game will be close and wants to avoid a push. So he might buy a half-point to move the line to Chiefs -2.5. But it will cost him: instead of betting the spread at -3 and risking $110 to win $100, betting the spread at -2.5 will require him to risk about $130 to win the same $100. Buying a half-point in the NFL costs 10% but buying off key numbers may cost more like 20%.

Sharp: Often referred to as a “wiseguy”, this is typically a professional sports bettor. A “wiseguy” refers a bit more to someone that is a professional sports bettor that is very sophisticated and/or well-informed.

Square: A novice or beginner when it comes to sports betting. Often the square will bet on the favorite and/or the total.

Reverse-line movement: Reverse line movement (or “RLM)” occurs when a sportsbook receives a large volume or percentage of bets on one side, yet the line moves in the opposite direction in response to some big bets — or higher quality bets from sharper bettors on the other side. For example, the betting public, comprised of your more casual bettors, produces a large quantity of small bets, on the Steelers -3 over the Ravens. Meanwhile, the same book receives a smaller number of very large bets on the Ravens to cover, and the line moves to Steelers -2. This seems counterintuitive because if most people are betting the Steelers, they should become a bigger favorite; however the sportsbook sees a potentially greater liability on the Ravens at +3 because more money is being bet on them, and, in a way, encourages more bets on the Steelers. Thus, the line is moving in reverse.

Steam: When a betting line changes quickly or drastically, typically in response to an influx of bets on one side. This may happen because “sharp” or professional bettors uniformly bet one side of a wager, thus prompting the sports book to quickly change the line.

In-game wagering: Also known as “live betting,” some sports books will offer bettors the opportunity to place bets on the outcome of a game during the game. The line will move in response to the way the game is unfolding — the score, field position and such — and the relative ability of both teams. For example, during Super Bowl 51 between the Patriots-Falcons, the line opened at Patriots -3.  However, once they went down 28-9 in the third quarter, the “in-game” line that you could bet shifted to Patriots +1600, or 16-1 to win the game. For anyone who had the guts to make this bet, it worked out pretty well. You can also make in-game wagers at some from play to play, betting for example whether the next play will be a run or a pass.

Fading the public: A strategy in which you basically bet against popular sentiment. Certain teams like the Steelers, Cowboys and Patriots, the more household names that frequent national television, draw more action from the general public. This may have the effect of distorting the line, because fans of these teams may bet on them no matter the situation. This creates an opportunity to gain an edge because the posted line is skewed in favor of those public teams. Another element of this play is public perception. A lot of recreational players operate based on short-term memory, i.e., last week’s result. Fading the public means that when the bulk of bettors pounces on a side en masse — typically on favorites and overs, perhaps moving the line out a point or more — bet the other side.

Correlation play: The Lions side and total example above is an example of a correlation play; it’s based on a theory of a single game where the Lions and the Vikings will play a low-scoring defensive game that the Lions may win outright. You’d be expecting (or hoping for) an outcome of about 21-17. Either a Lions or Vikings victory in that scenario (a four-point margin) would score you a win. Of course, some books may prevent you from making correlation plays in teasers or other exotic bets.

“If” bets, also known as “If then”: An “If bet” is a type of bet that links together two or more wagers, like a parlay or teaser. However, the first bet must win in order to trigger the subsequent wagers. Unlike a parlay, there is no reward if the linked games are all winners. The benefit of an “If” bet is the ability to bet additional games with a limited bankroll, while limiting his exposure (potential losses), because the subsequent bet(s) will only become an active single-game wager if the first bet is a winner. An example of a three-game If bet by Peter:

  • (1) $110 on Lions +3 (-110) to win $100, and if they win:
  • (2) $220 Titans -3 (-110) to win $200; and
  • (3) $110 Texans -3 (-110) to win $100

If the Lions lose, the other bets aren’t activated and Peter loses $110. If the Lions win or push, the Titans and Texans bets go live after Peter wins $100 thanks to Detroit. In that case the outcomes are:

  • (1) Titans win and Texans win: Peter wins $400
  • (2) Titans lose and Texans win: Peter loses $20
  • (3) Titans win and Texans lose: Peter wins $190
  • (4) Titans lose and Texans lose: Peter loses $230

The cost of the initial wager is $230, which is the most that Peter could lose in the event that both the Titans and Colts lose (as in scenario 4).

Note 1: The timing of the games for an If bet are irrelevant; even if the Lions play on Sunday night, Peter could use the Titans and Texans, both at 1:00 pm ET, as the additional legs of the wager.

Note 2: If betting is illegal in Nevada.

Reverse: A reverse bet (or action reverse) is basically a set of “If bets” that operates forward and in reverse with the same selections. Let’s go right to an example using two bets (they can be up to four): Jimmy puts $110 on the Bills +1 (-110) and $110 on the Bears +4.5 (-110). His reverse will look like this:

Part one:

  • If Bills win at +1, then
  • Bears to win at +4.5

Part two:

  • If Bears win at +4.5, then
  • Bills to win at +1

There are three possible outcomes here:

  • (1) The Bills fail to cover, and the Bears fail to cover: Jimmy loses $220, the full amount of the initial wager
  • (2) The Bills cover, and the Bears fail to cover: Jimmy loses $120
  • (3) The Bills fail to cover, and the Bears cover: Jimmy loses $120
  • (4) The Bills cover, and the Bears cover: Jimmy wins $400

Like If bets, a reverse limits your exposure but still gives you an opportunity for a good score if you feel confident about both picks. Note that reverse bets are not available in Nevada.

Round Robin bet: This type of bet allows you to make multiple parlay bets, but in a simpler fashion. Many books will allow you to pick between 3 and 8 sides, and turn those picks into 2-6 leg parlays. So for example if you pick 3 sides at $10 apiece– let’s say Giants -3, Redskins +4, Eagles +1 — the wager will become 3 separate parlays looking like this:

  • Parlay one: Giants -3, Redskins +4
  • Parlay two: Giants -3, Eagles +1
  • Parlay three: Redskins +4, Eagles +1

All three sides (teams) you picked are represented. For each parlay, you’re risking $10 to win $26 (based on typical 2.6/1 odds for a parlay). If just one parlay hits (you must win both legs), you’ve just about covered your $30 investment. Hit all three and you’ve won $78. Round robins get a bit more complicated and costly (and harder to win) when you add addition picks and combinations, but the same principles apply. This is similar to “boxing” horses in a race.

ShareTweetShare
Brett Smiley

Brett Smiley

Brett Smiley is editor-in-chief and co-founder of Sports Handle, which joined forces with the US Bets team in November 2018. He focuses on the sports betting industry and legislation. He's a recreational sports bettor and DFS player himself, focusing on the NFL. In a past life, Smiley practiced commercial litigation in New York City and previously wrote for FOX Sports and SI.com. He lives in New Jersey with his family.

Related Posts

Matthew Berry
Features

The NFL Has Become A Year-Round Sports Betting And Fantasy Machine

March 7, 2023
Gregory Shamus/Getty Images
Features

Ontario Bettor Hopes To Set Precedent With Caesars Suit On Hamlin Settlements

March 2, 2023
Load More

Top Stories

taylor mathis

Taylor Mathis Got Sacrificed At The Altar Of Responsible Gambling

March 20, 2023
fanduel baseball wall

Premade Same Game Parlays Are Sucker Bets

March 13, 2023
maginfier-over-small-print

Read The Fine Print: A Proposed Federal Rule Could Change Everything For Indian Gaming

March 6, 2023
roman reigns wwe

Colorado Denies Report Stating That It’s Considering WWE Wagering

March 8, 2023

State Sports Betting Guides

Ohio (U.S. state) flag waving against clear blue sky, close up, isolated with clipping path mask alpha channel transparency, perfect for film, news, composition

Ohio Sports Betting – Where To Play, Bonus Offers And Promo Codes

by Brian Pempus
March 27, 2023

Downtown Detroit at twilight (Shutterstock)

Michigan Sports Betting – Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
March 27, 2023

VA captial

Virginia Sports Betting – Where To Play, Online Sportsbooks And Bonus Offers

by Brett Smiley
January 17, 2023

nj flag

New Jersey Sports Betting — Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
March 22, 2023

pa online sportsbooks

Pennsylvania Sports Betting – Where To Play, Online Sportsbooks And Bonuses

by Brett Smiley
October 6, 2022

Canada Sports Betting Guides

Canada Sports Betting – Best Sportsbook Apps & Bonus Offers

British Columbia Sports Betting – Legal Update, Available Sportsbooks, and FAQ

Ontario Sports Betting – Legal Status And Where To Play

SportsHandle

  • Analysis
  • Casino
  • Features
  • Horse Racing
  • Industry
  • Legal
  • Legislation
  • Opinion
  • Podcasts
  • Poker
  • Politics
  • Promotions
  • Regulation
  • Sports
  • Uncategorized

Better Collective

This website is owned and operated by Better Collective USA. Trademarks and copyrights referenced on this website are and shall remain the exclusive property of their respective owners and/or licensors. Please be sure to visit the operator’s website(s) to review their terms & conditions. We advise you to read these carefully as they contain important information. Copyright © 2023 USBets.com | Better Collective USA
21 Play Responsibly
Gamble Aware West Virginia
Gambling Problem? Call 1-800-Gambler.
GameSense

Search Sports Handle

No Result
View All Result
  • About Us / Contact
  • Responsible Gambling

No Result
View All Result
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News

loading

Please wait while you are redirected to the right page...