Bet IQ

Betting Foundations

Start with the core language of NFL betting: spreads, totals, moneylines, odds, vig and common bet types.

Recommended Order

Betting Foundations Guides

9 lessons
01

How Football Betting Works

Learn the basic markets, risk terms and decision process behind football betting before reviewing an NFL board.

02

How Point Spreads Work

Understand NFL point spreads, favorites, underdogs, pushes and why key numbers matter.

05

How to Read American Odds

Read plus and minus odds, convert prices into break-even probability and compare sportsbook numbers.

08

What Does Vig Mean?

Learn what vig means, how sportsbook margin appears in prices and why it affects break-even math.