![]() The only difference is which figure bettors are using to figure it out. When it comes time to calculate what you stand or win or lose, the process is the exact same as the moneyline. ![]() ![]() What can vary, however, is the exact price that bettors pay for one side or another. The point spread will always be the same for both sides the difference will be whether they are giving points (favorite) or getting points (underdog) against the spread. Anytime a favorite wins by the same margin as the point spread, original bets are returned to your sportsbook account. If the Chiefs were to win by exactly seven points, the bet would be what is referred to as a ‘push’ and the bet will be void for both sides. At +7, the Browns can win the game or lose by less than seven to win the bet and earn a payout. The underdog has a positive sign next to its spread and if it doesn’t win the game, can lose by less than the spread indicates and still cover the number. In our example, the Chiefs are -7, they must win by eight or more to cash your ticket. The favorite has a negative sign next to its odds and must win by more than the point spread in order to cover the bet. Take the following NFL betting odds as an example:Īs is the case with moneylines, oddsmakers label one team as the favorite and one team as the underdog. If you’re betting on nearly any sport but especially basketball and football, understanding point spreads is vital to achieving success. So keep in mind the following point spread betting tips to give yourself the best chance at success. But there’s no reason why you can’t turn a profit while having a bit of fun and betting on games. There are even spreads to bet on in sports such as soccer, tennis, and many others.įor many recreational gamblers, betting on sports is a source of entertainment above all else. They are most prevalent in basketball and football, but there are also versions of them in baseball and hockey. Point spreads are a prominent betting option in nearly every sport in some way. Because not all teams are equal in quality, the point spread is the oddsmakers’ way of evening out the game from a betting perspective. Unlike the moneyline, which is a pick on which side will win, betting against the spread includes needing a team to win or lose by a certain amount in order to ‘cover’ the number. ![]() Points spreads are quite possibly the most popular type of sports wager out there and for most bettors, they’re a major part of the portfolio.īetting on the point spread involves wagering on the margin of victory in a given game. Whether you’re just getting introduced to online sportsbooks or you’re a seasoned gambling veteran, you’ve likely heard the term before. If two things were ever joined at the hip, it’s sports betting and the point spread. ![]()
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