How to trade NFL prediction markets

If you are ready to take a position on the outcome of an NFL game, it’s important to learn how pricing works. The price in the market is directly related to the probability of that event coming to fruition during the game.

If the Buffalo Bills have a 65% chance of beating the Los Angeles Rams, then you’ll see that probability shown in a price ranging from one cent to one dollar. So if you take something at 65% probability, the price of the contract will be 65 cents for every dollar you register. Once the probability of that position reaches 100%, or a dollar, then your position will settle as a success. If the probability reaches 0%, or 0 cents, then your position is settled as a loss. 

Displayed probabilities are market-implied, meaning it’s the opinion of the other people who are putting money into the market. This does not mean that they are guaranteed outcomes.

What types of NFL prediction markets can you trade?

Available markets can vary throughout the NFL season. 

CTA:

Trade NFL prediction markets

https://og.com/sports/football/pro-football/games

What moves NFL prediction market prices?

Individual game markets:

• Injuries and player availability
• Starting-lineup or quarterback changes.
• Recent team performance
• Schedule and strength of upcoming opponents
• Standings, division races, playoff scenarios, and elimination possibilities
• Weather where it materially affects a game.
• Trades, coaching changes, suspensions, or major team news.

For NFL Futures and award markets

• individual performance
• team performance
• remaining schedule
• the amount of season left

What should you check before trading an NFL prediction market?

Before trading an NFL prediction market, you should have all the necessary information available that could affect your position. Who’s injured? Are they playing in a dome or outside in the elements? Who’s favored? And so on. Collecting as much information as possible will only arm you with the necessary tools to make successful predictions.

Next, understand the price. Most point spreads and totals will be 50 cents, as they have mostly a 50% chance of happening. If you are comfortable with the pricing of your position, then continue forward to deciding how much you’ll put down. Positions with lower probability will pay out higher if they settle as a win.

Make sure you understand that none of these outcomes are guaranteed, and that every user should only operate within their limits. 

How to get started in NFL prediction markets on OG.com

With OG.com, you can trade event contracts on real-world outcomes across different market categories.

1. Create an account: Open an account and complete sign-up, including identity verification. You can use our web or mobile platforms. 
2. Browse markets: Explore markets across economics, culture, politics, sports, and other real-world events.
3. Review and trade: Compare the market price with your own view. Check the rules, fees, and settlement details before opening a position.
4. Monitor your position: After trading, your contract appears in your open positions, where you can track price movement as new information comes in.

Start predicting

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FAQs about NFL prediction markets

Q: What are prediction markets in sports betting?

Prediction markets allow you to take a position on NFL events like game outcomes, player statistics, and season-long expectations.

Q: What are sports prediction markets?

Markets that give probabilities of certain outcomes that occur within a sporting event.

Q: How do sports prediction markets work?

The market is set by the opinions that the users have registered in the market. Users can take a contract on different numbers if they disagree on the value and price.

Q: Where can I find prediction markets for sports?

The OG.com has markets for a wide array of sports. From basketball to football, they have markets available for games, a season as a whole, or your favorite player’s props. 

Important Information: Prediction is an event contract that is a derivatives product offered by North American Derivatives Exchange, Inc. (NADEX), a CFTC-regulated exchange, which does business under the brand OG.com Prediction Markets (OG) Crypto.com | Derivatives North America and uses a CFTC-regulated exchange that uses OG.com technology. 

Trading on OG.com involves risk and may not be appropriate for all. By trading you risk losing your cost to enter any transaction, including fees. You should carefully consider whether trading on OG.com is appropriate for you in light of your investment experience and financial resources. Any trading decisions you make are solely your responsibility and at your own risk.