The 2022-23 NFL season gets underway this week and 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 heading into the 2022 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.
2023 Super Bowl Betting Odds
Here’s a screenshot from SportsInteraction.com with the Super Bowl odds heading into the 22-23 season (odds taken on September 6th, 2022):
I included the 21 teams with 26/1 or better odds heading into the season. The Bills are favourites to win the Super Bowl this season after losing a heartbreaker in overtime to the Chiefs in the Divisional Playoffs last year. The Bucs are second favourites, while the Packers, Chiefs, Chargers, Rams, and 49ers are all legitimate contenders with odds shorter than 10-1 to win the 2023 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 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 the Buffalo Bills and Los Angeles Rams taken from SportsInteraction.com.
Point Spread
In this example, the Bills are 2.5 point favourites on the road, 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 Buffalo to pay out winnings. On the flip side the Rams are +2.5 underdogs. If the Rams either win the game outright or lose by 2 or fewer points then a spread bet on the Rams 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.
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 Rams have odds of 2.17 to win the game, which means a $100 bet would payout $217 if LA pulled off the minor upset. On the flip side a $100 bet would only pay out $171 if the Bills 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 52. If 53 or more points are scored in the game then bets on the over would payout, while if 51 or fewer points are scored then the under would pay out. If exactly 52 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 a solid bonus exclusive to Canadians.
Sports Interaction accepts Visa, MasterCard, Interac, iDebit, MuchBetter, paysafecard and more. They basically accept every payment method a Canadian would want to use to fund their 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’ -> ‘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.
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.
