Sports Betting 101: What is a point spread in sports betting?
Easily the most popular type of betting for NFL football is УspreadФ betting or more commonly known as betting against the spread. Bettors who are new to NFL betting or betting in general may be a little confused with NFL spread betting, but it is pretty easy to understand once it is explained to you. These spreads are directly related to how points are scored in football such as a field goal (three points) or a touchdown (seven, assuming a successful one-point conversion). The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a .
A point spread in sports is a way for oddsmakers to make a matchup between two unbalanced teams more balanced by giving points to or taking points away from each team. Be sure to check out our sports betting glossary to assist you with some of the terms used in our sports betting guides.
NFL spread betting is probably the most common and popular way to bet on football as it adds some excitement and better odds from just picking an outright winner.
As you can see, Dallas is the 4. Conversely, New York is a 4. If the Cowboys winthey win by three points and do NOT cover the 4. Point spread wagers often times will be put into parlays in which you make multiple bets on one slip for a larger payout. The three main key numbers in NFL point spread betting are 3, 7 and 10, representing a field goal, a touchdown or a field goal plus a touchdown. The two most common margins of victory are three and seven because of the type of scoring in the NFL.
The most common betting line for a point spread is A line on either side is like paying a tax or commission to the sportsbook. Bettors would pay 10 percent aka juice to the sportsbook, which is essentially a fee for brokering the wager. For example, if you see If you see There are three potential outcomes of your point spread wager: you win, you lose or you push a tie. Typically, a point spread has odds of for either side of the bet.
In the example above between the Cowboys and Giants, the point spread is 4. A losing bet is quite simply you betting on the Cowboys You lose the money that you placed on that bet. That is called a push and you simply get your money back with no profit and no loss. In these cases, there may not even be a point spread available for the game and you can only bet on the moneyline.
This is a very common occurrence in sports betting and sportsbooks have the full right to shift the spread or odds for any given match prior to its start. Many factors can how to remove craftsman tool box drawers a change of the spread such as injuries, the number of bets coming in for either team or the weather, to name a few.
Depending on the timing of placing the bet, the bettor can also have an advantage or a disadvantage depending on which way the spread has shifted. If bettors had wagered on Dallas on Monday, that means they would be at a disadvantage compared to bettors who waited until Thursday because the Thursday bettors now only need Dallas to win by four points instead of five. But it can also go the other way:. If bettors had wagered on Dallas on Monday, they would now have the advantage over the bettors who waited until Thursday because the Thursday bettors need Dallas to now win by eight points or more instead of only five.
Yes, in fact, sportsbooks also release spreads for different points in the match like after the first quarter or first half, which is called live betting or in-game betting.
As you can see, Dallas is a 2. The popularity of the point spread bet in the NFL is equally shared by NBA bettors and it works essentially the same way. When we looked at key numbers in the NFL, it was in regard to scoring. Look for key numbers such as five and seven because they tend to represent two- and three-possession games.
Be sure to check out our How to Bet on the NBA guide for more options and assistance in getting you in on the action for basketball. In both cases, the spread is almost always A point spread bet is also referred to as betting the spread or handicap betting. Point spread betting is a sports betting market in which a team either has to win by a specific number of points or goals, or not lose by a specific number of points or goals.
If New York loses by two or fewer points, then it is how to make a solar oven cooker winning bet. If New York pulls off an outright upset, then that is also a winning wager.
The favorite would have to win by more than a specified amount of points or goals the spread in order for that team to cover the point spread. Need more winning picks? The handicapping, sports odds information contained on this website is for entertainment purposes only. Please confirm the wagering regulations in your jurisdiction as they vary from state to state, province to province and country to country.
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An abbreviation for У point spread Ф or another term for У line.Ф The УspreadФ is the betting line or odds used to determine the parameters for wagering on either the favorite or underdog in a. Jul 12, †Ј The vast majority of point spread wagers are made on football and basketball because of the proliferation of points that are scored in comparison to sports like baseball and hockey, where or games arenТt that out of the question or out of the norm. ThereТs one every night. For example, the New England Patriots are playing the New York Jets and New England is a 9?-point favorite. The spread offense, or at least its core ideals, have been around in football for 50+ years. In todayТs game, its most popular iteration is the shotgun spread. But whether itТs being run out of a Singleback formation, the Shotgun, or the new in between variant Ц the Pistol Ц .
If you've never set foot in an actual sportsbook before or logged into an online sportsbook, the chances of you getting overwhelmed when you actually do is very high. In an actual Las Vegas sportsbook, there is typically a lot of commotion and the odds and lines are displayed on a massive digital board for everyone to see. When a novice sports bettor looks at the massive digital signage, they will see a bunch of numbers, both positive and negative, some two digits, some three digits.
They also won't have a clue what any of it means. The same can be said for the online sportsbooks. It looks like a massive spreadsheet with negative and positive numbers beside each teams' name.
The easiest way for me to describe what all these numbers mean to you is to define it as point spread betting. Point spread betting is the most popular way to bet on the NFL and NBA, and it is a way for a sportsbook to generate betting interest on both sides. Linemakers who work for the sportsbooks must put out lines that will entice the "favorite" bettors to lay the points and take the favorite or entice the underdog bettors to take the points with the underdog.
As an example, let's say you are looking to place your very first wager on the Super Bowl. You look at the matchup either online or at a Las Vegas sportsbook and this is what you see:. Using the example above, the linemakers have determined that the Carolina Panthers are 4.
The favorite team can also be referred to as the chalk. Based on the line above and which team you decide to bet on, the Panthers must win by five or more points in order for those with a Panthers As long as the Panthers win by five or more points, the final score itself does not matter.
A win is just as much a winner as a win. However, if the Panthers were to win the game by four or less points, then all Panthers backers can toss their tickets in the trash. A Falcons outright win as 4. The standard price to pay when betting on point spreads is This is the sportsbooks way of ensuring a profit no matter which side covers the spread. The extra 10 cents is also known as the "juice" or "vig".
Paying the extra 10 cents is like paying a tax or commission to the sportsbook for brokering the bet. For example, if you see reduced lines such as If you see It may not seem like a big deal at the time, but saving a few bucks each time over the course of the season can really help your bankroll. Which brings me to my next point.
If you are serious about getting into sports betting, it is vital to have more than one sportsbook to make a wager at. Shopping around for the best lines will help your bankroll and you will be able to turn a bigger profit. When betting the point spread, there is almost always a winner and a loser. However, in some instances sportsbook decide to put out a whole number such as -3 for bettors to bet on. If the final score ends with a differential of three points - no matter who wins - the bet is considered a "push" and all money is refunded to both sides since neither team covered the spread.
When two teams are evenly matched, and the sportsbook can't decide which team should be the favorite, they will release PK lines which means neither team is favorite. The team you wager on must simply win the game by any score in order for your ticket to be graded as a winner.
This is a very common occurrence throughout the sports betting industry. Sportsbooks have the right to shift the spread or odds for any given match prior to it starting. Many factors play a huge role in this decision, and they include injuries, weather, the volume of bets on one side, and anything in between.
Depending on the time you place your wager, the bettor may also have an advantage or disadvantage based on which way the spread has shifted. The opposite holds true for Carolina. Bettors that were quick to pull the trigger are now laying two more points than they would if they were patient and saw the line movement before making their move.
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