The Green Bay Packers are, without a doubt, one of the United States’ most iconic football teams. They’ve had a long and storied career, spanning over a century. Not only are they one of the most accomplished teams in the NFL, they are also important due to their legacy. Today, the Green Bay Packers remain the only non-profit, community-owned major league franchise in the country.

Of course, most of us are aware that the NFL is America’s biggest major league sport organization. With that knowledge in mind, it isn’t a surprise to learn that betting on American football is quite popular in the USA. Online sportsbooks make locating NFL odds easier than ever. It is no wonder then, that betting on the Green Bay Packers is more popular than ever. That’ why we’d like to talk about what a newbie needs to understand before betting on the Packers.

Understand the Betting Industry

First of all, you will need to understand the betting industry. Luckily, we already somewhat addressed this. The sports betting industry is now largely ruled by wagering websites. They’ve made accessing, navigating, and even placing bets easier than it has ever been. Not only do they offer some impressive bonuses to help newbies get started, but they also offer numerous different types of betting.

• Classic Betting: classic betting entails future bets, or to put it simply, betting on a match that is yet to take place.
• Live Betting: one of the most exciting additions to the betting industry is live betting. Punters can access online sportsbooks and place bets in real time, as the game is going on.
• Prop Bets: propositional bets require bettors to place a wager on the likelihood of a certain proposition coming true. For example, “Jordan Love will score the first touchdown of the game.”

Know the Team

Another important aspect of betting on the Packers is knowing the team in-and-out. The more you know about a team, the better your prediction will be when placing a bet. However, this may work as a double-edged sword.

You don’t want to become so embroiled in a team, that you begin to feel like you are one of boys. The reason for this is that it may lead to bias betting. While we understand the impulse to wager on your favorite team, it is never a good idea to ignore the odds. Which leads us to our final point.

Understand and Listen to the Odds

The final point that you should absolutely bear in mind is that the odds tend to be the best source for unbiased predictions regarding a sport. Odds makers base the numbers on data, calculations, and history. Rarely, if ever, do they let personal bias play a role. Of course, we are all human, and can make mistakes. So, taking the odds as gospel is also a trap that many bettors fall into.

However, listening to the odds is much better than “betting with your gut,” as some would say. In truth, most of the time a “gut feeling” can be attributed to a deep sense of bias. More often than not, “gut feelings” do not work out, and bettors stand to lose a decent chunk of change.