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NFL Odds Explained: Spread, Moneyline & Totals

by Bojan Taleski,November 20, 2025
6 min read
Key Takeaways
  1. NFL odds show both implied probability and potential payout, using + for underdogs and – for favorites.
  2. The point spread evens out a matchup by assigning a margin the favorite must cover and the underdog can stay within.
  3. The moneyline is the simplest market, just pick the winner, with payouts tied directly to the +/– odds.
  4. Totals (over/under) focus on combined points scored and are heavily influenced by weather, injuries, and team style.
  5. Viewing spreads, moneylines, and totals together gives a fuller picture of game expectations and value.
  6. Sticking to small, planned bets and watching line movement on Jackpot.bet leads to smarter, more sustainable wagering.

When you open any NFL betting line, the mix of numbers you see, plus and minus signs, as well as totals, can be confusing. But the NFL odds explained show you what those figures really mean before you put money down.

From the point spread to the moneyline and over/under totals, we’ll break down each in clear, real-world terms to interpret a matchup at a glance.

We simplify the process with odds updates in real time to give you a clear view of each NFL game before you decide where to bet.

What Are NFL Odds?

Every NFL betting line shows how oddsmakers expect a game to unfold. The numbers next to each team reveal two things at once: the implied probability of an outcome and the payout if it lands.

A negative sign (-) means a favorite, where you risk more to win less. For example, -150 means you would need to bet $150 to win $100.

On the other hand, a positive sign (+) marks an underdog, where a $100 bet pays out that number in profit if it wins. So, +150 would earn $150 on a $100 stake.

By looking at both figures side by side, you can determine exactly which team is favored and the return offered on each outcome. 

On Jackpot.bet’s sportsbook, such odds update in real time to follow the latest numbers and plan your bets.

NFL Points Spread

The NFL spread explained simply means it’s the point system sportsbooks use to balance a matchup, making betting about the margin of victory rather than just picking a winner. In this system, the underdog receives points, while the favorite has points deducted.

For example, if the Cowboys are -6.5 against the Bears, they must win by seven or more points for a spread bet on Dallas to cash. Conversely, a bet on Chicago covers if the Bears stay within six points or pull off the win.

To prevent ties, sportsbooks often include half-point “hooks” like 6.5. Most NFL spreads are priced around -110 on each side, which means risking $110 to win $100. 

Moneyline in the NFL

The NFL moneyline is the simplest way to bet on an NFL game because it focuses solely on the winner, not the margin of victory. Instead of worrying about points, you’re choosing which team will win.

To make this clearer, oddsmakers show favorites with a minus sign (-) and underdogs with a plus sign (+). The symbols also indicate how the payouts work.

For instance, a moneyline of -150 on the Eagles means you must risk $150 to win $100. A moneyline of +150 on the Giants means a $100 bet would profit $150 if the Giants win. 

In most cases, larger spreads usually come with steeper moneyline odds. So, a comparison of both helps you understand the actual risk and reward of each side.

Totals (Over/Under) in the NFL

In NFL betting, the totals market, often called the over/under, focuses on the combined points scored by both teams rather than who wins.

Oddsmakers set a number for the expected total. From there, you can bet on whether the final score will be over or under that figure.

For example, if the total for Patriots vs. Jets is 44.5, a bet on the over cashes if the teams combine for 45 or more points; the under wins at 44 or fewer.

Much like spreads, most totals are priced around -110 on each side. However, factors such as weather, injuries, and playing styles can shift these lines throughout the week.

So, you should pay attention to those factors to anticipate changes.

How NFL Spreads, Moneylines, and Totals Work Together

Spreads, moneylines, and totals describe the same game from different angles. The spread focuses on the margin of victory, the moneyline on the outright winner, and the total on combined points.

To provide a complete picture, oddsmakers set each number so that, together, they reflect the expected outcome of a matchup.

Typically, large spreads mean heavy moneyline favorites, while low totals often point to defensive games with tighter margins.

By looking at all three markets side by side, you might better evaluate your options. For instance, a safer but lower-payout moneyline, a spread bet with a defined margin, or an over/under tied to game tempo.

Jackpot.bet Tips for New NFL Bettors

We must say that numbers alone don’t tell the whole story; using them wisely is what protects your bankroll.

Before you start with NFL spreads, moneylines, or totals, we believe a few simple habits can make the difference between guessing and betting with a plan:

  • Shop for the best line: Different sportsbooks post slightly different numbers. A half-point difference on a spread or a small shift in moneyline odds can change your long-term results.

  • Watch the juice: Most NFL spreads and totals are priced around -110, but some move to -115 or -120. Higher juice means you’re paying more for the same bet.

  • Check injury reports and weather: Quarterback changes or heavy rain can swing both the spread and the total dramatically.

  • Start simple: Begin with basic spreads or totals before moving into props or NFL parlays. It helps you learn how lines move without risking too much.

  • Set a budget: Decide in advance how much you’re comfortable risking per game. Small bets relative to your bankroll make it easier to ride out swings.

Conclusion

Spreads, moneylines, and totals form the foundations of NFL betting. Each one works differently and offers its own way to approach a game.

With NFL odds explained, you can see what each market reveals and use it to place smarter bets. 

So, it’s best to start with the basics, watch how lines move, and stake small amounts until you’re comfortable. 

On Jackpot.bet, these core markets update in real time throughout the season. They give you the chance to apply what you’ve learned directly to the latest NFL matchups.

Frequently Asked Questions

How to read NFL odds?

Look at the sign and the number. A minus sign (-) shows the favorite and tells you how much you must risk to win $100.

A plus sign (+) shows the underdog and how much profit you’d earn on a $100 stake. Both let you compare risk and payout instantly.

How do NFL odds work?

Oddsmakers post numbers that reflect both the expected result and the payout. Spreads handicap the margin of victory, moneylines pay on the outright winner, and totals cover combined points.

Each format uses the same plus/minus system but applies it differently.

What is the difference between the NFL points spread and moneyline?

The NFL points spread sets a margin the favorite must cover, while the moneyline ignores the margin and pays based on who wins outright. 

Also, spreads even out mismatches; moneylines reward picking the winner regardless of score.

Why do NFL totals move during the week?

Totals shift as new information comes in. Injuries, weather forecasts, and betting patterns all affect how many points oddsmakers expect. 

If you watch the line movement on Jackpot.bet, you catch a better number before kickoff.

Key Takeaways
  1. NFL odds show both implied probability and potential payout, using + for underdogs and – for favorites.
  2. The point spread evens out a matchup by assigning a margin the favorite must cover and the underdog can stay within.
  3. The moneyline is the simplest market, just pick the winner, with payouts tied directly to the +/– odds.
  4. Totals (over/under) focus on combined points scored and are heavily influenced by weather, injuries, and team style.
  5. Viewing spreads, moneylines, and totals together gives a fuller picture of game expectations and value.
  6. Sticking to small, planned bets and watching line movement on Jackpot.bet leads to smarter, more sustainable wagering.