Nfl Betting Percentages
This page gives the betting percentages on every upcoming NFL game. This data represents the percentage of the total number of wagers placed on each side (or total) of the games. For example, if 100 bets have been placed on the New England Patriots/Baltimore Ravens game and 55 of those bets were placed on the Patriots, the Spread% for the. Our betting trends, also known as public betting percentages, represent actual wagers placed at our seven contributing sportsbooks. We take you behind the lines and show you where and how the action is coming in on every game. Monitoring public betting data is a vital tool used by sharp bettors to find value within the sports betting marketplace. NFL Football Betting Trends. The National Football League (NFL) is the most popular sport among North American bettors, and there are plenty of trends available for the benefit of pro football handicapper. In fact, the sharpest NFL bettors use the massive popularity of the league to isolate winners!
Field Level Media
February 02, 2021 at 5:46 pm.
More than 23 million Americans plan to wager approximately $4.3 billion on Super Bowl LV, a decrease of 37 percent from last year.
That’s according to survey research published Tuesday by the American Gaming Association, which attributes the vast majority of the drop to pandemic-led issues leading to a decline in wagers at retail sportsbooks and social settings, such as office and square pools.
The research did find that a record 7.6 million will bet with online sportsbooks, up 63 percent from 2020. That is the result of 36 million American adults gaining access to regulated betting markets in their home states.
“This year’s Super Bowl is expected to generate the largest single-event legal handle in American sports betting history,” AGA President and CEO Bill Miller said. “With a robust legal market, Americans are abandoning illegal bookies and taking their action into the regulated marketplace in record numbers.”
Colorado, Illinois, Michigan, Montana, Tennessee, Virginia and Washington, D.C. have added regulated betting markets since last year’s Super Bowl. That brings the United States total to 20 states and the District of Columbia.
The online survey of 2,198 adults was conducted on behalf of the AGA by Morning Consult. It found that 1.4 million Americans plan to bet at an in-person sportsbook, down 61 percent from last year. Meanwhile, 1.8 million Americans plan to place a bet with a bookie, down 21 percent.
A similar study last year estimated that 26 million Americans planned to wager a combined $6.8 billion on Super Bowl LIV.
Nfl Betting Odds Explained
Despite the significant drop overall betting, this year’s study did find that 65 percent of Americans who plan to wager on the game feel it is important to do so with a regulated sportsbook.
“This data is an encouraging sign that our efforts to ground the expansion of sports betting in responsible gaming is taking hold,” Miller said. “Responsible gaming is core to legal sports betting’s long-term success, and this is borne out by continued demand for consumer protections only available in the legal market.”
This page gives the betting percentages on every upcoming NFL game. This data represents the percentage of the total number of wagers placed on each side (or total) of the games. For example, if 100 bets have been placed on the New England Patriots/Baltimore Ravens game and 55 of those bets were placed on the Patriots, the Spread % for the Patriots would be 55%. What this doesn't tell us, however, is the total amount wagered on each game. In the example given, 55% of the number of bets may be on the Pats, but the amount wagered may be $500. The Ravens may only have received 45% of the bets, but let's say the amount of those wagers equals $1,000. In this case the Ravens actually received about 67% of the total amount bet on the game, which gives a clearer indicator of why a book might move a point spread than the percentage of the number of bets.
Nfl Public Betting Percentages
Actual wager amounts are not available to the general public, however, you can glean some useful information off of the raw betting percentage numbers simply to gain some perspective on how soft the public views a line. As a general rule, if a huge majority of the public loves a game, the line may prove too good to be true. With that being said, long-term studies on blindly betting against the public have yielded mixed results; no better than betting with the public. We still feel this information can be a useful tool, just don't look at it as the Holy Grail of sports betting.