The 2023-24 NFL season is underway with the season running from September 7th, 2023 to January 7th, 2024. The playoffs then get underway on January 14th with Super Bowl LVIII scheduled for February 11th, 2024 at Allegiant Stadium in Nevada.
I expect plenty of Canadians will be looking to get action on the NFL throughout the fall and winter months. For this reason, I wanted to get this page up explaining how to bet on the NFL from here in Canada. On this page I will take a look at the Super Bowl odds midway through the 2023 NFL season, break down the three main bets you can make on an NFL game and provide a simple 3 step guide to get your bets in quickly at our top rated betting site for Canadians.
2024 Super Bowl Betting Odds
Here’s a screenshot from SportsInteraction.com with the Super Bowl odds midway through the 23-24 season (odds taken on November 2nd, 2023):
I included the 12 teams with 33/1 or better odds midway through the season. The Chiefs are co-favourites to defend their Super Bowl title with the Eagles, while the 49ers, Cowboys, and Dolphins are the other main contenders with odds of 10-1 or shorter to win the 2024 Super Bowl.
The Super Bowl odds for each team will change as the season progresses. Check out the up to date odds at SportsInteraction.com by selecting ‘Football’ -> ‘Events’ -> ‘NFL’ -> ‘Futures’ in the Sports Interaction sportsbook.
Typical NFL Betting Options
There are three bets that get the vast majority of action in an NFL game. Those include the point spread, money line and over/under (aka Total). Below I’ll take a look at an upcoming NFL game and explain each of these main three betting options using a Titans vs Steelers Thursday Night Football game from this season as an example.
Point Spread
In this example, the Steelers are 2.5 point favourites at home, which is shown by the -2.5 as their point spread. This means that they must win the game by 3 or more points for a point spread bet on Pittsburgh to pay out winnings. On the flip side the Titans are +2.5 underdogs. If the Titans either win the game outright or lose by 2 or fewer points then a spread bet on the Titans would be a winner.
Spread bets generally carry odds of 1.91, but they can vary a little bit (as seen in the above example). Check out our betting odds info page if you don’t know how to read the decimal odds shown.
Money Line
The money line bet is a straight up wager on which team will win the game outright. The odds indicate the payout of a win for either team with the underdog having a larger potential payout than a bet on the favourite.
In this example the Titans have odds of 2.25 to win the game, which means a $100 bet would payout $225 if Tennessee pulled off the minor upset. On the flip side a $100 bet would only pay out $167 if the Steelers win this game.
Over/Under
The over/under is a wager on the total number of points to be scored in the football game, by both teams combined. The over/under in this game is set at 37. If 38 or more points are scored in the game then bets on the over would payout, while if 36 or fewer points are scored then the under would pay out. If exactly 37 points are scored all over/under wagers would be returned.
If you’re ready to place your first NFL bet online follow this 3 step guide to quickly and easily get the bet placed.
Step 1. Open a Sports Betting Account
SportsInteraction.com is our top rated betting site for Canadians. The screenshot above was taken from the Sports Interaction sportsbook.
Sports Interaction is our favourite site because they are 100% focused on the Canadian market and do everything they can to be the top betting destination for Canadians. This includes offering a Canadian oriented sportsbook, great customer service, banking options, and promotions exclusive to Canadians.
Sports Interaction accepts Interac e-Transfer, Visa, MasterCard, Online Banking, paysafecard and more. They basically accept every payment method a Canadian would want to use to fund their account.
Log into your SIA account and click the ‘Deposit’ button. Select your preferred deposit method, enter the deposit amount, and follow the instructions to fund your account.
Step 3. Bet On The NFL
To find the NFL betting lines at SportsInteraction.com, click on ‘Sports’ in the top nav bar and then select ‘Football’ -> ‘Events’ -> ‘NFL’. Here’s a screenshot:
On the NFL page you will see the odds for all of that weeks NFL games. When you find what you want to bet on, make your selection, and it will show up on your ‘Bet Slip’ on the right side of your screen. After you enter your wager amount the ‘Potential Payout’ will show up so that you can see how much you would win if your selection is correct. If everything looks good, click ‘Place Bet’ to lock in your wager.
Check out our football betting section for more information about wager on football online. And if you have any questions regarding betting on NFL games do not hesitate to contact me.
