NFL is the National Football League, the highest level of professional American football. It consists of 32 teams split evenly between the American Football Conference and National Football Conference. Each conference has 4 divisions of 4 teams. The regular season runs from September to January, followed by a single-elimination playoff culminating in the Super Bowl in February between the AFC and NFC champions. The Super Bowl has been the final NFL game since 1966 and is typically held on the second Sunday in February. NFL odds represent the spread, which is the point difference the favorite must win by, and the odds, which indicate how much must be bet to win $100 for favorites or how much can be won on a $100 bet for 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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