I actually knew all these terms before now, but not by their names like you mentioned. I usually call the Moneyline a straight win, since I expect a particular team to win. If I understood what you explained about points spread, then the number of games and their odds should also determine how much someone can win. I'm not a fan of betting too many games though. Maybe a bet on one or two is always enough. And as for the over/under, that's literally the best betting strategy for me. Football can come with a lot of surprises, but I always prefer to risk most games with an 'over'.

Betting is not that complex, and at the same time, the outcomes are not always promising. A regular bettor should know all these few basic things.