NFL betting is finally coming to Illinois and fans will be able to wager on Bears games right from Soldier Field.
The state’s June 2019 gambling expansion bill legalized sports betting in person and online. The bill will allow existing gambling venues to launch sportsbooks and even permits betting operations in stadiums like Soldier Field and Wrigley Field. The law requires people who want to place a bet online to register in person first, but once you have done that you can place all the bets you like. Online-only operators like DraftKings and FanDuel will be allowed to launch platforms in the state after 2020.
With Mitch Trubisky, Tarik Cohen & Co. set to break out in a big way, there has never been a better time to start betting on Chicago Bears games. Here is a quick primer on NFL odds to get you started.
Most NFL bets are placed on the point spread, which denotes the margin of victory the favorite (the team denoted by a minus sign) must win by in order for your bet to win. This is done to encourage betting on underdogs and even up lopsided matchups. Here is an example of what you may see:
Chicago Bears -3.5
Green Bay Packers +4
In this case, the Bears would have to win by 4 or more points in order to win the bet. If you bet on the Packers, Green Bay can lose by up to 3 points and you would still win your bet. A 4-point loss by the Packers would be a “push,” so you would get your money back, while a greater loss would be a loss for your bet as well.
You can also bet on the winner straight up by using the moneyline, which shows the ratio between your wager and the payout. The more likely a team is to win, the less your bet can win. For example:
In this scenario, the you would have to bet $130 on the Bears to win $100. If you bet $100 on the Vikings, your bet would win $125.
With the excitement around Da Bears growing, new Illinois sportsbooks will offer a wide variety of wagers you can place that have nothing to do with the game winner.
Over/under betting allows you to wager on whether the combined final point total will be greater or less than the total projected by the odds makers.
In-game and prop betting allows you to bet on a wide variety of single-game events — including individual drives — like what the score will be at halftime, whether Trubisky will score a touchdown on this drive, or whether there will be any field goals in the game.
Futures betting allows you to wager on season-long events like who will win the NFC Central, who will win the MVP award, and which quarterback will lead the league in touchdowns.