The Super Bowl is this Sunday and it is the biggest gambling event of the year.

But before you put down any money on the big game, I want you to know just how difficult it is to win at betting on football. The sports books have two tools that make betting on football so profitable for them.

The first tool they have is the spread, which evens the playing field between good and bad teams making picking a winner very difficult. When one team is better than the other, it might seem easy to predict the better team will win.

In the Super Bowl, for example, most NFL experts believe the Carolina Panthers are a better team than the Denver Broncos.

NFL Betting Strategy - How To Profit Betting on Football

To even out the number of people betting on each side, sports books add a spread that says the favorite must not only win the game, but win by a certain number of points in order to win the bet.

The spread in the Super Bowl is about six points. While many people believe the Panthers will win the game, predicting whether they win the game by more than six points is much harder to do. Hard enough that picking games with the spread factored in is about a proposition.

The Ten Commandments of Football Betting

Of the 50 experts tracked, only 10 were able to beat that key winning percentage of These 50 experts picked a total of 12, games during the NFL season and won just 6,, or If the average expert would lose money, what do you think your chances are? So what about the 10 experts that would have made money? Of those 10, only three would have made money according to NFLPickWatch.

This goes to show that even the few experts that picked more than The best picker of them all is Jason La Confora from CBS sports. In he won If somebody was taking Mr. Three states now say daily fantasy sports are illegal.

So what about these guys, do they really have a system that could make money? What would they do to advertise it? What professional wrestling and guys who sell gambling picks have in common is that they are both fake. Washington Redskins squad leads the NFL in frugality. By using this website, you accept the terms of our Visitor Agreement and Privacy Policy, and understand your options regarding Ad Choices.

Learn about careers at Cox Media Group Privacy Policy Ad Disclosure. Not even NFL experts can make money betting on football Andy Prescott.

Why it is so hard The sports books have two tools that make betting on football so profitable for them. Three states now say daily fantasy sports are illegal What about the shady sounding guy on the radio that says he has a system?

Andy Prescott is a CPA and the author of ArtOfBeingCheap. Andy enjoys spending time with his family, travel, and finding new and exciting ways to pay less for stuff. EDIT AND UNCOMMENT THE SECTION BELOW TO INSERT DYNAMIC VALUES FROM YOUR PLATFORM OR CMS.

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