Football is most commonly wagered on using a point-spread. In our example the Steelers are a 3 point favorite over the Jets. If you wagered on the Steelers, you are laying or giving up 3 points. The Steelers must win by more than 3 points to win the wager. If the Steelers win by exactly 3 points, the game is a push or tie and wagers on either side are refunded. A wager on the Jets would payoff if they won the game or lost by less than 3 points.
The total in our example is 39. You may wager on the combined score for both teams is over or under 39 points. Again, it doesn't matter who wins the game when wagering on a total. In point-spread and totals wagering, both payoff at 10/11, unless otherwise stated. On winning wagers the bettor wins $10 for every $11 wagered. If you wager $220 on the Jets and you win, you would collect $420, the $220 you wagered and the $200 in winnings.