The 2020-21 NFL season gets underway this week and I expect plenty of Canadians will be looking to get action on the NFL this weekend. 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 current Super Bowl odds for NFL futures betting, 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.
2020 Super Bowl Betting Odds
Here’s a screenshot from SportsInteraction.com with the Super Bowl odds heading into the 20-21 season:
I included the 27 teams with 75/1 or better odds heading into the season. The Chiefs are favourites to repeat as Super Bowl Champions, but the Ravens have identical odds as their main competition in the AFC. The Bucs, 49ers and Saints are the other main contenders.
The Super Bowl odds for each team will change as the season progresses. Check out the up to date odds at SportsInteraction.com by opening the ‘Football’ drop down menu and selecting ‘NFL Futures’.
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. Here’s a screenshot of the season opening Thursday Nighter between Houston and Kansas City taken from SportsInteraction.com.
In this example, the Chiefs are 9.5 point favourites, which is shown by the -9.5 as their point spread. This means that they must win the game by 10 or more points for a point spread bet on Kansas City to pay out winnings. On the flip side the Texans are +9.5 underdogs. If the Texans either win the game outright or lose by 9 or fewer points then a spread bet on the Texans would be a winner.
Spread bets generally carry odds of 1.91, but they can vary a little bit. Check out our betting odds info page if you don’t know how to read the decimal odds shown.
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 Texans have odds of 4.57 to win the game, which means a $100 bet would payout $457 if Houston pulled off the upset. On the flip side a $100 bet would only pay out $123 if the Chiefs did what is expected and win this game.
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 54.5. If 55 or more points are scored in the game then bets on the over would payout, while if 54 or fewer points are scored then the under would pay out.
Check out our football betting page for a further breakdown of each of these NFL wagers.
3 Step Guide To Place An NFL Bet From Canada
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 a solid bonus exclusive to Canadians.
We have an exclusive deal with Sports Interaction where new sign ups from HowToBet.ca receive a 100% up to $200 bonus on your first deposit.
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Sports Interaction is our top rated betting site, but I do recommend opening accounts with at least a couple sites to allow yourself to compare odds and get the best return on each wager. Click here to check out the reviews of our 3 recommended betting sites for Canadians.
Step 2. Fund Your Account
Sports Interaction accepts Visa, MasterCard, Interac e-Transfer, iDebit, MuchBetter, paysafecard and more. They basically accept every payment method a Canadian would want to use to fund their account.
If you plan on betting on more than one or two NFL games this season then I do strongly suggest you take full advantage of the $200 bonus. It’s easy to clear and you won’t receive the same offer on subsequent deposits.
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’ -> ‘NFL Games’. 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 Card’ on the right side of your screen. After you enter your wager amount the ‘Bet 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’ and your wager will be confirmed.
Ready to bet? Click here to visit SportsInteraction.com