What Is Spread Betting?

If they feel that one team is dominant, then the spread will be much larger than if they perceive the contest to be between two evenly matched teams. The job of the sports handicapper is to make it difficult for bettors to decide on which team they should wager. They try to produce fairly even wagering on both sides so that, overall, the money wagered is uniform. One way in which bookies make it tough for people to know who to wager on is by utilizing the point spread . Simply put, when betting the spread one should look at the numbers and see if the etra points given or taken from each team would make a difference in the final result. Let’s take the current point spread at the popular sportsbookBookmaker, where the point spread on the Steelers vs Broncos game is currently posted as “-9” Steelers and “+9” Broncos.

What does a $100 3 team parlay pay?

3 Team Parlay: 3 team parlays pay 6/1 or $600 for every $100 bet.

This gives you extra money to wager with, and since point spreads are so straightforward, it can be relatively easy to meet the associated wagering requirements and still come out ahead. Repeating this process at multiple betting sites will maximize your potential returns!

What Do The Numbers In Point Spreads Mean?

In return for the additional points, the payout if the gambler wins is less than even money, or the gambler must wager on more than one event and both events must win. At some establishments, the “reverse teaser” also exists, which alters the spread against the gambler, who gets paid at more than evens if the bet wins. Our reputable and respected online sportsbook is filled with bonuses and promotions to make your betting experience hassle free. The best odds, lines, totals and spreads are available for the top sporting events throughout the year. Bet on NFL, NBA, MLB, college football, college basketball, international sports and more. If you were to bet the over-under on this game, you’ll have to decide whether you think the combined score of both teams will be higher or lower than the number put up by the book. Let’s say you bet the over, assuming the game will be a shootout between two talented offenses, you’re hoping that the final score will be anything that totals 57 or more.

Can you lose money on a winning bet?

When wagers are more likely to lose than win, they will typically be odds against. Odds can also be even money. A winning even money bet will return exactly the amount staked in profit, plus the original stake. Remember: the higher the odds, the less likely a wager is to win but the greater the rewards will be.

The point spread is the most popular form of sports betting odds, yet the novice bettor struggles the hardest with understanding how the point spread works. For our examples we would use football as the sport of choice, but keep in mind that the point spread is a betting option with many other sports. If the favourite team wins an event, factoring in the point spread, or if the underdog wins with betting the spread extra points, they have covered the spread. If you’re used to betting on the money line, you might find it uncomfortable to even think of betting on anything other than a team straight-up winning the game. However, while the money line remains the foundation of all betting, the point spread really opens things up. Point spread betting is one of the most common forms of sports betting today.

Understanding And Calculating Point Spread Payouts

It’s also important to consider whether or not there’s any correlation between the point spread and the betting total. If they are, a parlay wager is a good way to get maximum value. For example, a college football point spread +24.5 parlayed with under 48 points in the same game might be a great parlay bet.

betting the spread

It could be Dallas 54, New York 3, or any other point combination that adds up to 57 or more and your bet will win. Betting the under means that the two teams cannot score more than 56 points combined, or else you lose your bet. The first is to keep it simple by making individual spread bets rather than parlays. Parlays, which allow you to wager on anywhere from two to seventeen teams at the same time, only pay out when you get every game right. Bettors like them because the payout odds are much better than those you get with a spread wager. A typical point spread takes points away from the favorite and gives points to the underdog. How large the spread is on a given game depends upon the perceptions of those setting the betting lines.

What Are Mlb Point Spread Betting Odds?

Most sports bettors and handicappers use the acronym when referring to a teams won loss record against the spread AKA ATS. Spread betting is exactly the same in basketball and other high scoring sports. To sum up, a spread is an amount of points you add or cryptocurrency trading subtract from one team’s score to determine the winner. Betting on the favorite and winning is called winning against the spread. Finally, watch out for half points, as they both mean there is a result, but that result might not always be in your favor.

On the other hand, a spread of “+x” on a given team means they have to either lose by less than “x” points or win the game for your bet to be declared a winner. When betting the money line, you are trying to figure out which team is going to win the game. When betting the spread, the margin of victory is what matters. You may lose your bet even though your team won the game, just like you could win your bet despite your team losing the match.

Spread Betting

If the bet wins, the sportsbook would pay $210, which is the stake ($110) plus the win ($100). A point spread bet differs from a moneyline bet because the outcome of a spread bet, for bettors, does not always mirror the final result of the sporting event. Where a moneyline bet involves picking one team to win outright , the losing team in a point spread bet may still provide a win for bettors, depending on the score of the sporting event. Taking the early example, if Oklahoma beats Kansas betting the spread 51-21, a 30-point margin, Kansas would be a heavy loser but cover the spread. If you prefer to bet on in-game markets once the game has started, be aware that the points spread will change depending on the live score. It is important to note the difference between spreads in sports wagering in the U.S. and sports spread betting in the UK. A teaser is a bet that alters the spread in the gambler’s favor by a predetermined margin – in American football the teaser margin is often six points.

If the +24.5 team covers the point spread, then there’s an increased chance that the game also goes under the posted total of 48. Many novice bettors fail to understand the impact of home advantage when wagering on sport events. When looking at the board for potential wagers, these bettors tend to get excited and bet on lots of superior teams favored on the road against weaker opponents. The betting market is so much more advanced than this, and for the most part point spreads are always going to be 50/50 propositions. One way to make money from sports betting is to open an account at an online betting site and take advantage of their sign up bonus.

Sports Betting Lessons

This occurs when there is a very good chance that the favorite will win in straight sets. An amateur gambler looks at the day’s matchups and goes “I’m sure Team A is going to win this game because bla bla bla. Therefore, let me log in my sportsbook account and bet on them.” That is a very wrong approach to sports betting and a sure fire way to be a loser. Generally speaking, when the spread on a given team is “–x” it means they have to win by more than “x” points for your bet to win.

This is largely due to the popularity of betting on such sports as football, with scorelines typically wider than those in baseball, hockey, and soccer. Another unique point regarding set lines, is that they often carry odds as well as the handicap. For instance, you may see a set line for a huge favorite that is -1.5 @ 1.6. Meaning that you are both having to cover the set line spread, as well as laying odds much like you would if you were betting the moneyline.