The NFL, or National Football League, is a professional American football league with 32 teams divided into two conferences. It features a structured season, culminating in the Super Bowl, the championship game held annually in February. Additionally, odds in the NFL are based on point spreads, with negative signs indicating favorites and positive signs representing underdogs.

1. NFL

2. What is NFL?
NFL is short for National Football League. It is a
professional American football league split equally
between the American Football Conference (AFC)
and the National Football Conference (NFC).
It consists of 32 teams, divided into 2 sixteen-team
conferences, each of which consists of 4 four-team
divisions. Only the highest professional level of
American football players are competing in this
league. League’s headquarters are in New York City.

3. Each year this competition follows the same
structure:
•Three-week pre-season in August
•18-week regular season (September – January)
•The regular season finishes off with seven teams from each conference (four
division winners and three wild card teams) advancing to the playoffs;
•A single-elimination tournament that culminates in the Super Bowl
•Super Bowl is in February between AFC and NFC conference champions

4. What is Super Bowl?
The Super Bowl is the final playoff game of the NFL to find out the champion.
It has been the final game since 1966. The game is typically on the second
Sunday in February. And people call it the “big game,” and the day the game is
happening is often referred to as “Super Bowl Sunday” or simply “Super
Sunday.”

5. How to read NFL Odds?
• Odds are represented as a number with positive or negative signs before them.
There are two numbers you need to know about. The first one is the spread, and
the second is the odds. Remember that the minus (-) sign indicates that the team
is a favorite, meaning they are likelier to win the game. The plus (+) sign means
they are less likely to win. Players call them ”underdogs”.
• The spread is the number of points the winner needs to win for the bet to win.
For example, a spread of -3.5 means the winning team must win by over 4 points
for the bet to be a winner (as the team cannot have a 0,5 points difference).
• Important to know that the odds are the actual payout structure of the game. A –
sign before the odds means that this is the amount of money you need to risk to
win $100. You don’t have to bet $100, as your bet will be scaled up or down
accordingly. For example, -110 means you need to wager $110 to win a $100
profit. So, your total amount back will be $210.

6. A + sign means you are betting on the underdog, and the number
indicates the amount you win for every $100 wagered. Again scaled
up/down accordingly. For example, placing a bet at +130 means, you
wager $100 and win $130 if the underdog wins, ending up with
$230.
→ Negative Odds (favourite): How much you risk to win $100
→ Positive Odds (underdog): How much you can win on a $100 bet.

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